7,000 Sq. Ft. Vacant Lot Real Estate Auction

Swenson's Auctions

 

Date(s) 9/26/2018 - 10/18/2018

September 28, 2018 at 7:00 A.M. MDT- October 18th, 2018 at 6:00 P.M. MDT

Past Auction
Online-Only Auction
Bidding Notice:

Bid at your convenience, however, 30 minutes before auction begins closing down - Click the LIVE CATALOG tab for real time count down. Items start to close at 6PM Mountain Time. Any item that receives a bid in the last ten (10) minutes will have ten (10) minutes added to the time until no further bids are received.

Auction Information
Name 7,000 Sq. Ft. Vacant Lot Real Estate Auction
Auctioneer
Type Online-Only Auction
Date(s) 9/26/2018 - 10/18/2018
Auction Date/Time Info
September 28, 2018 at 7:00 A.M. MDT- October 18th, 2018 at 6:00 P.M. MDT
Preview Date/Time To Preview Property a scheduled time must be made with either Travis Swenson/ Broker at (307)272-7490
Checkout Date/Time Closing to be held at Park County Title Cody, WY on or before November 15th, 2018
Location
Buyer Premium 8% Buyer Premium of the Purchase Price
Description
7,000 Sq. Ft. Vacant Lot. This section of city land is located on the corner of east 3rd street and North day street in downtown Powell, Wyoming. It is a prime business location in the heart of Powell sitting just 2 blocks East of Bent Street. Directly across from the Middle School and West of other medical offices, this lot exemplifies outstanding business or residential characteristics. Zone business general.
The bidder agrees to the following terms and conditions by participating in this auction: NOMINAL OPENING BID: $35,000 BUYERS PREMIUM: Buyer will pay an 8% Buyers Premium of the total purchase price. This will be added to the final purchase price. BIDDER REGISTRATION: Bidders must register online with Auctioneer/Broker prior to bidding on the Property with credit card verification. Bidders must download the Bid Certification form, sign and email to Metzler & Moore Realty / Swenson's Auctions (travis@metzlermoorerealty.com), once the Bid Certification form is received broker will grant bidding privileges. We will participate with other brokerages. Have your agent/broker call (307) 272-7490 for more information. PROCEDURE: This will be Online Only Bidding forum with increments as determined by the Auctioneer. Bidding starts at the nominal Opening Bid as indicated and is open to the public. The Auctioneer is the sole arbiter and controller of the conduct of the auction and shall be the final and absolute authority without liability to any party. AUCTION ENDING: Beginning at the stated closing time, the auction software will conclude bidding for the auction lot with the following exception: if a bid is placed in the last 10 minutes remaining for that auction lot, bidding for that lot will remain open for an additional 10 minutes or until 10 minutes pass without a bid increase. OUTBID NOTIFICATION: Until the auction begins to close, the bidding software will notify bidders by email when they have been outbid. ACCEPTANCE OF BID PRICE: ACCEPTANCE OF FINAL BID PRICE IS SUBJECT TO THE APPROVAL OF THE SELLER. The Seller reserves the right to accept or reject any and all bids. Purchaser acknowledges that he/she is irrevocably bound to the terms of this Purchase Agreement for 120 hour period, until October 23th, 2018, following the auction close, allowing Auctioneer to secure Seller acceptance of the Purchase Agreement. PREVIEW/INSPECTIONS: To Preview Property a scheduled time must be made with either Travis Swenson/ Broker at (307) 272-7490. AGREEMENT OF PURCHASE AND SALE: The Purchaser shall execute an Agreement of Purchase and Sale, in the form provided by the auctioneer/broker, without modification, within 48 hours after being declared the high bidder, at Metzler & Moore Realty / Swenson's Auctions, office in Powell, WY. EARNEST MONEY: The Purchaser will be required to deposit $5,000 earnest money from the successful bidder upon award of the bid. This will be made Payable to Park County Title in Cody, WY. NO CONTINGENCIES: YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, INSPECTIONS OR APPRAISAL, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, OR ARE CAPABLE OF PAYING CASH AT CLOSING. PURCHASER IS REQUIRED TO CLOSE ON OR BEFORE November 15th, 2018, OR PURCHASER WILL FORFEIT ALL OF HIS EARNEST MONEY DEPOSIT TO SELLER. ESCROW AGENT: The deposit, earnest and purchase monies in respect of the property shall be paid to and deposited with Park County Title in Cody, WY. DEED: Seller shall provide a warranty deed. CLOSING: The balance of the purchase price shall be paid at or before closing. Closing shall take place on or before November 15th, 2018. The Escrow Agent will schedule and conduct closing. TITLE: Seller shall provide an Owner's Policy of Title Insurance in the amount of the purchase price, and shall execute a proper deed conveying the real estate to the Buyer(s). Seller shall pay the premium of the title insurance policy. TAXES: Seller is tax exempt. Buyer will be reassessed by the county at a later date. CLOSING COSTS: At closing, Seller shall pay for its escrow and closing fees, and all of the costs for preparation of all documents to convey the property. At closing, Purchaser shall pay for its escrow and closing fees, any and all recording fees, and all other sale, financing or closing fees as required. Taxes and association fees, if any, shall be prorated to the date of closing. POSSESSION: Purchaser will receive possession day and time of closing, subject to the rights of parties in possession, if any. NO NEW SURVEY: The property will be conveyed according to the existing legal description. INSPECTIONS: Purchaser has had an opportunity to inspect the property and is fully aware of its condition. Purchaser accepts the condition of the property in its "As Is" condition. AS-IS SALE: The Purchaser shall accept the property in an as-is condition with all faults as of the closing date and the purchaser shall specifically agree that the seller has not and does not make any representations or warranties of any kind whatsoever, expressed or implied, to the purchaser regarding the property or any improvements thereon. The property is selling subject to anything an accurate survey or personal inspection of the property may reveal, including any existing rights-of-way, easements or claims to easements, encroachments, rights or claims of parties in possession, restrictive covenants and easements, flood zones, zoning or subdivision regulations, building codes, governmental agencies regulations, environmental conditions, lead-based paint, asbestos, radon gas, hazardous materials, any mineral rights, water rights, riparian or littoral rights, and reservations or conveyances, if any. The purchaser shall have satisfied themselves as to the location and condition of the property, and all descriptions thereof, before bidding. All information contained in the brochure and all promotional materials, including, but not limited to, square footages, acreage, dimensions, maps, taxes, etc., was derived from court house records and is believed to be correct; however, neither the seller nor the auctioneer/broker makes any guarantee or warranty as to the accuracy or completeness of such information. MISCELLANEOUS: All decisions of the auctioneer/broker are final as to the methods of bidding, disputes among bidders, increments of bidding and any other matters that may arise before, during, or after the auction. Seller reserves the right to deny any person the right to participate in the auction or to ban anyone from the auction who attempts to disrupt it. SERVER & SOFTWARE TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Metzler & Moore Realty / Swenson's Auctions reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE nor Metzler and Moore Realty / Swenson's Auctions. SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by Metzler & Moore Realty / Swenson's Auctions. DEBT COLLECTION AND INTEREST CHARGE: The bidder agrees to pay all reasonable attorney fees and other costs incurred by Metzler & Moore Realty / Swenson's Auctions in its efforts to collect unpaid funds from the bidder. The bidder agrees that a fee of 2% of the outstanding balance per month be added to any unpaid balance due to Metzler & Moore Realty / Swenson's Auctions. Any debt collection or dispute proceedings will be heard in Park County, Wyoming. AGE REQUIREMENT: All bidders must be 18 years of age or older. AGENCY: Metzler & Moore Realty / Swenson's Auctions and its representatives are exclusive agents of the Seller and are agents of no other party to this transaction. If you are not represented by another broker/agent you will be treated as a customer. Metzler & Moore Realty / Swenson's Auctions P.O. Box 598 Powell, WY 82435 Office: (307) 754-2297 Cell: (307) 272-7490 Email: travis@metzlermoorerealty.com Website: www.swensonsauctions.com Auctioneer/ Broker: Travis Swenson
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 35,000.00 35,000.00 USD
35,000.01 - 100,000.00 2,500.00 USD
100,000.01 - 9,999,999.99 5,000.00 USD
Currency USD
Buyer Premium 8% Buyer Premium of the Purchase Price
Payment Terms
See Terms For Payment Information!!!
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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.