Integrity Realty Group

 

Date(s) 10/12/2018 - 10/31/2018

Bidding Opens 10/05/2018 at 11:00 AM EST Bidding Closes 10/31/2018 at 2:00 PM EST

Past Auction
Online-Only Auction
Bidding Notice:

ABSOLUTE AUCTION ( No Reserve ) This is an internet-only auction. All bidding activity will take place online. A 12% Buyer's Premium will be added to your bid to arrive at the final purchase price.

Auction Notice:

Auction Notice: $5,000.00 Down payment must be paid by the successful bidder by direct wire transfer within 24 hours of the Auction ending, payable to Hendrich Title Company. The down payment deposit will be non-refundable; your bidding is not conditional upon financing and/or inspections, so be sure you are prepared to pay cash at closing or have arranged your financing prior to bidding. The ... Show More

Auction Information
Name ABSOLUTE Real Estate Auction Linton Indiana
Auctioneer
Type Online-Only Auction
Date(s) 10/12/2018 - 10/31/2018
Auction Date/Time Info
Bidding Opens 10/05/2018 at 11:00 AM EST Bidding Closes 10/31/2018 at 2:00 PM EST
Preview Date/Time October 20, 2018 11:00 a.m. - 1:00 p.m.EST
Checkout Date/Time NA
Location
Buyer Premium 12% Buyers Premium
Description
ABSOLUTE AUCTION! GREAT INVESTMENT PROPERTY! 110 W Vincennses Street in Linton Indiana. This property was a former lawyers office but currently is set up for residential living. Inside could be renovated into multiple apartements. The property also features a seperate garage at the back of the property that has an apartment upstairs. Property has off street parking off of W Vincennes Street as well as off 1st Street NW.
Auction Notice: $5,000.00 Down payment must be paid by the successful bidder by direct wire transfer within 24 hours of the Auction ending, payable to Hendrich Title Company. The down payment deposit will be non-refundable; your bidding is not conditional upon financing and/or inspections, so be sure you are prepared to pay cash at closing or have arranged your financing prior to bidding. The balance of the purchase price including the buyer's premium will be due via a wire transfer to the closing company, on delivery of insurable title on or before November 30, 2018. Bidding Notice: ABSOLUTE AUCTION ( No Reserve ) This is an internet-only auction. All bidding activity will take place online. A 12% Buyer's Premium will be added to your bid to arrive at the final purchase price. Auction Terms & Conditions This ABSOLUTE "Internet Only" Auction: is for the Property known as: 110 W Vincennes St , Linton Indiana 47441 in Stockton township and the County of Greene. Parcel # 28-06-22-114-013.000-018 Legally described on public records as 018-02475-00 Hump 5" Lot 1 The property will be sold ABSOLUTE ( No reserve ) at Public "Online Only - Internet Auction" ending October 31, 2018 at 2:00pm (soft close) Property sells as-Is with no warranties expressed or implied Property included in the sale is the real estate only. Contact: Darwin T Fleagle @ Integrity Realty Group for all information regarding this property. Cell: 812-787-1032 Office: 812-787-2683 Fax: 812-636-4020 Email: darwin@integrityrealtygroup.net Viewing Instructions: Open House / Preview: October 20, 2018 from 11:00 a.m. - 1:00 pm EDT The viewing of the property will be at the viewer's own risk the Seller, neither Auctioneer nor the Listing Brokerage Firm will be held responsible for accidents. Sale Site: Internet Only Seller: Cleatis R Loyd Survey: There will be no survey done. You are buying the deeded acres. Buyers Premium: A 12% buyer's premium will be added to the final bid and charged to the buyer, the final bid plus the 12% buyer's premium will establish the final sales price. Down Payment: A $5,000.00 Down payment must be paid by the successful bidder by direct wire transfer within 24 hours of the Auction ending, payable to Hendrich Title Company. The down payment deposit will be non-refundable; your bidding is not conditional upon financing, so be sure you are prepared to pay cash at closing or have arranged your financing prior to bidding. The balance of the purchase price including the buyer's premium will be due via a wire transfer to the closing company, on delivery of insurable title on or before September 21, 2018. A promissory note will be signed along with the down payment. The successful Bidder shall execute a "Real Estate Auction Sales Contract" for the property immediately after being declared the Successful Bidder by the Auctioneer. Each potential Bidder is responsible for conducting at their own risk, their own independent inspections, investigations, and due diligence concerning the property. Further; Property sells as-is with no warranties expressed or implied Real Estate Taxes: The taxes will be prorated to the date of closing. Closing: Closing shall take place at the office of: Hendrich Title Company , 1418 N 1000 W, Linton Indiana 47441. Seller will provide to buyer(s) at seller's expense: a title search and an Owner's Policy of Title Insurance . All other closing costs related to this transaction ( excluding recording fees ) will be split 50/50 between the buyer and the seller. Buyer will pay for recording fees. Conveyance of the property will be by a Warranty Deed. Closing will be held on or before November 30, 2018 Possession of subject property will be granted on the day of the closing. Integrity Realty Group and its affiliates are exclusive agents of the Seller. All Announcements made up to the final close of the Auction bidding take precedence over all advertising, oral or printed material. All marketing information and Bidders Packet materials were gathered from reliable sources and are believed to be correct as of the date they were published; however the seller or auctioneers have not independently verified this information. Auction plats and drawings are not to be relied on and are for representation purposes only. Its accuracy is not warranted in any way by the Auction Company and its affiliates.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999.00 10,000.00 USD
9,999.01 - 14,999.00 2,500.00 USD
14,999.01 - 1,000,000.00 1,000.00 USD
1,000,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 12% Buyers Premium
Payment Terms
Auction Notice: $5,000.00 Down payment must be paid by the successful bidder by direct wire transfer within 24 hours of the Auction ending, payable to Hendrich Title Company. The down payment deposit will be non-refundable; your bidding is not conditional upon financing and/or inspections, so be sure you are prepared to pay cash at closing or have arranged your financing prior to bidding. The balance of the purchase price including the buyer's premium will be due via a wire transfer to the closing company, on delivery of insurable title on or before November 30, 2018.
Auction Notice: $5,000.00 Down payment must be paid by the successful bidder by direct wire transfer within 24 hours of the Auction ending, payable to Hendrich Title Company. The down payment deposit will be non-refundable; your bidding is not conditional upon financing and/or inspections, so be sure you are prepared to pay cash at closing or have arranged your financing prior to bidding. The balance of the purchase price including the buyer's premium will be due via a wire transfer to the closing company, on delivery of insurable title on or before November 30, 2018.
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.