5567 State Hwy 23, Norwich, NY - Evelyn Graves RE

Lambrecht Auction, Inc.

 

Date(s) 12/28/2018 - 1/18/2019

Online Bidding Begins Closing: Friday January 18th @ 7 pm

Past Auction
Online-Only Auction
Bidding Notice:

Online Bidding Only. All bids must be placed via this website.

Auction Notice:

THIS IS AN ADULT ACTIVITY. LOOK BEFORE YOU BID!!! Look at the property and know what you are bidding on! Bidding at an auction is a binding contract. Failure to know what you are bidding on is not an excuse for not closing on the deal. Again, know what you're bidding on! Be sure to review the "Bidder Packet" which will be posted soon.

Auction Information
Name 5567 State Hwy 23, Norwich, NY - Evelyn Graves RE
Auctioneer
Type Online-Only Auction
Date(s) 12/28/2018 - 1/18/2019
Auction Date/Time Info
Online Bidding Begins Closing: Friday January 18th @ 7 pm
Preview Date/Time Property can be inspected in person on Sunday January 6th 1-2:30pm and Saturday January 12th 9am - 1pm at 5567 State Hwy 23, Norwich, NY.
Checkout Date/Time The winning bidder will sign the purchase contract and deposit $7500.00 within 3 business days of the Auction Close. Balance due at closing by March 1st 2019.
Location
Buyer Premium Final Bid + 10% = Sales Price
Description
We have been commissioned by the estate of Evelyn Graves to sell the following personal property and real estate at Absolute (unreserved) Public Auction.
THIS IS AN ADULT ACTIVITY! We know most times we don't read the legaleeze and fine print, BUT THIS TIME YOU MUST!! Look at the property and know what you are bidding on BEFORE you bid! Bidding at an auction is a binding contract. Failure to know what you are bidding on is not an excuse for not closing on this real estate. The seller has spent significant funds and we've invested hours and hours of time bringing this property for you to bid on. We expect that to be respected. Again, this is and adult activity, so know exactly what you are doing before you push the button to bid. Photos alone, though we try to be thorough, do not even come close to replacing a live inspection. By checking the box next to the 'Submit Registration' button, you hereby represent that you have read, understood, and accepted the terms and conditions of this auction and have received a copy of the "Bidder Packet" either at an open house or by downloading it from www.lambrechtauction.com REGISTRATION: Proper and complete online registration is required to bid online. All bidders must provide name, address, phone number, and email address to register. A credit card (MC, Visa, Amex or Discover) is required to register for the auction. The credit card will be authorized before bidding access is granted, but it is not charged nor is it a recognized form of payment of the deposit or purchase price. Should a Winning Bidder fail to complete the contract signing process, the required deposit will be charged to the credit card provided at registration. By registering, all bidders acknowledge having read the "Bidder Packet" and agree to be bound by the terms of the "Purchase and Sale Contract" within. Bidders must register prior to bidding. If you are under the age of 18, or not able to form legally binding contracts, you are prohibited from bidding at this Online Auction. BIDDING: Bidding starts now and begins to close Friday January 18th @ 7:00 pm. All bidding will be done online. This is an absolute auction - the property sells without minimum or reserve. A 10% (Ten) buyer's premium will be added to the highest bid and this will become the final sale price of the property. Auction will have a soft close, which means the bidding could continue after 7 pm until there is no bid activity for 3 minutes. In the unlikely event that there is a technical failure with our website during the auction close, bidding will be reopened at a later time after notifying all registered bidders. Property is being sold as-is with no warranties or representations being made. Seller will deliver good, marketable, and insurable title free of all liens and encumbrances. By bidding you are representing that you have read and agree to be bound by the terms and conditions for this sale as stated in the "Bidder Packet". If you do not agree with any of the terms and conditions stated DO NOT BID or you will be bound by those terms and conditions. By bidding you agree to all disclosures. If you need assistance placing an online bid please call our office for assistance: 607-865-6951. To place an online bid, enter your "maximum" bid and click the "Place Bid" button. If the bid is advanced by another bidder, the system will automatically bid on your behalf at the established bid increments up to your maximum. The system will not advance a bidder's own bid. Lambrecht Auction, Inc. reserves the right to disapprove, suspend or terminate User accounts for any reason, at our sole discretion, and prohibit such User(s) from participating in the Auction We reserve the right to reject or void bids, whether winning or not, which we believe have not been made in good faith, are intended to manipulate the auction process, or are prohibited by law. CONTRACT SIGNING FOR WINNING ONLINE BIDDER: At the conclusion of the auction, the Winning Bidder will receive an email or phone call confirming his or her winning bid status. Lambrecht Auction, Inc. will contact the Winning Bidder the night the auction closes or the following morning to make arrangements for signing the contract and receipt of the down payment, either in person (preferred) or electronically. In any event, the contract signing and deposit payment process must be completed within three (3) business days following the auction conclusion. All bidders are expected to know this and cooperate fully. A bid at auction is a binding contract . Any Winning Bidder whose documents and deposit are not received within the required timeframe is subject to being sued for specific performance as outlined in the "Purchase and Sale Contract" contained within the "Bidder Packet" . They are also subject to having an amount equal to the down payment charged to the credit card used at registration and will not be allowed to bid in any future Online Auction events. Note that property-specific purchase documents are available in our "Bidder Packet" and any professional reviews of such documents should be undertaken PRIOR to bidding. YOU ARE ENTERING INTO A BINDING CONTRACT. THERE ARE NO REFUNDS OR BID CANCELLATIONS. THE REGISTERED BIDDER IS PERSONALLY RESPONSIBLE, LEGALLY AND FINANCIALLY FOR ALL AUCTION ITEMS BID UPON WHETHER REPRESENTING ONE'S SELF OR ACTING AS AN AGENT. AN ONLINE BID ACCEPTED AT PUBLIC AUCTION IS A LEGAL AND BINDING CONTRACT TO PURCHASE. ANY BIDDER WHO FAILS TO CONSUMATE A PURCHASE WILL BE BANNED FROM BIDDING AT ALL FUTURE AUCTION EVENTS AND MAY BE PURSUED FOR CIVIL AND/OR CRIMINAL VIOLATIONS.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 49,999.99 500.00 USD
50,000.00 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium Final Bid + 10% = Sales Price
Payment Terms
Terms: A high bidder will sign contract and deposit $7,500 within three (3) business days after the auction ends. Balance due at closing on or about March 1st, 2019. A 10% buyer premium will be added to the final bid and become part of the final sales price. Download the "Bidder Packet" for a copy of the purchase contract, maps, taxes, and other important information.
Terms: A high bidder will sign contract and deposit $7,500 within three (3) business days after the auction ends. Balance due at closing on or about March 1st, 2019. A 10% buyer premium will be added to the final bid and become part of the final sales price. Download the "Bidder Packet" for a copy of the purchase contract, maps, taxes, and other important information.
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.