United Country Missouri Land And Home

 

Date(s) 11/15/2017 - 12/14/2017

December 14th until 2pm CDT

Past Auction
Online-Only Auction
Bidding Notice:

This is an online only auction. All bidding activity will take place online. This is also an ABSOLUTE auction so it WILL sell.

Auction Notice:

ABSOLUTE Auction - No Reserve

Auction Information
Name Latham Hospital
Auctioneer
Type Online-Only Auction
Date(s) 11/15/2017 - 12/14/2017
Auction Date/Time Info
December 14th until 2pm CDT
Preview Date/Time Call Kurt at 573-220-6155 to set up a viewing time.
Checkout Date/Time Immediately following auction.
Location
Buyer Premium No Buyer's Premium is charged
Description
Here’s your chance to own a historical part of California, MO! The Latham Hospital is a three story, 27,000 + SF commercial building that has been used as a residence, hospital and a nursing home in the past. The property covers half a city block. ONLINE ONLY ABSOLUTE AUCTION! Bidding will close December 14th at 2 pm CST.
TERMS AND CONDITIONS OF AUCTION Online Only Auction (ie Internet Auction) - The auction and the bidding shall begin closing on Thursday, December 14th at 2 pm CST. Bid at www.MissouriLandAndHome.com. It is recommended to all bidders to inspect the property prior to placing any bids in the auction. Property inspections are the responsibility of the bidders. Informational title work is available online. By participating in this auction, bidders hereby agree that their bid shall NOT BE SUBJECT to the bidders ability to obtain financing. By placing a bid in this auction, bidders are making a “cash offer” to purchase the property. Financing is NOT a contingency in the purchase agreement. Buyer’s Premium of 5% applies to this auction. Contract Price shall equal bid price + buyer’s premium (bid price X 5%). Winning bidder hereby agrees to enter into a Contract to Purchase the property within 24 hours of being declared the Successful Bidder by the Auctioneer. Upon the close of the auction, the winning bidder will be forwarded via email or fax a Contract to Purchase the property. A signed copy of the contract must be received by United Country Missouri Land & Home within 24 hours of the end of the auction. An escrow deposit of Ten Percent (10%) of the total contract purchase price (which includes the buyer’s premium) must be received by Preferred Title Company within 48 hours of the close of the auction. Acceptable forms of payment include cashier’s check, personal or corporate check or wire transfer. The balance will be due in full at closing. Closing shall be on or by Thursday, December 28, 2017, at Preferred Title Company, 1517 Chapel Hill Rd, Columbia, MO. Out of area buyers will be afforded the opportunity to close via email, mail and wire transfer of certified funds. Title Insurance in the full amount of the purchase price will be provided by the seller. 2017 Real Estate Taxes will be paid by the seller. Under no circumstances shall Bidder have any kind of claim against United Country Missouri Land & Home, or anyone else if the Internet service fails to work correctly before or during the auction. Online bidding is subject to technology faults and issues which are outside the control of the auction company. All information provided is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. Information is subject to change without notice. There are no warranties either expressed or implied pertaining to this property. Real estate is being sold “As-Is-Where-Is” with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to the end of bidding. The property is being sold subject to all easements, covenants, conditions, zoning and any other existing matters. Please call if you have any questions regarding the restrictions on this property. Seller: Horizons Medical Holdings LLC
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 9,750.00 250.00 USD
9,750.01 - 97,500.00 500.00 USD
97,500.01 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium No Buyer's Premium is charged
Payment Terms
5% Buyer's Premium added to bid to equal contract price. 10% of Contract Price due as down payment. Remaining balance to be paid at or before closing.
No shipping.
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.