ABSOLUTE Land Auction |  Whisnand Rd, Bloomington, IN

United Country Coffey Realty & Auction

 

Date(s) 9/24/2020 - 10/29/2020

UNDER CONTRACT PRIOR TO AUCTION - AUCTION CANCELLED Bid now through Thursday October 29, 2020 at 2:00pm (soft close)

Past Auction
Online-Only Auction
Shipping Not Available
Bidding Notice:

UNDER CONTRACT PRIOR TO AUCTION - AUCTION CANCELLED This is an internet-only auction. All bidding activity will take place online. 11% Buyer's Premium will be added to your bid.

Auction Notice:

UNDER CONTRACT PRIOR TO AUCTION - AUCTION CANCELLED

Auction Information
Name ABSOLUTE Land Auction | Whisnand Rd, Bloomington, IN
Auctioneer
Type Online-Only Auction
Date(s) 9/24/2020 - 10/29/2020
Auction Date/Time Info
UNDER CONTRACT PRIOR TO AUCTION - AUCTION CANCELLED Bid now through Thursday October 29, 2020 at 2:00pm (soft close)
Preview Date/Time UNDER CONTRACT PRIOR TO AUCTION - AUCTION CANCELLED By Appointment Only - The viewing of the property will be at the viewer's own risk. The Seller, Auctioneer nor the Listing Agency may not be held responsible for accidents.
Checkout Date/Time A down payment of 10% of the sale price must be paid by the successful bidder by direct wire transfer within 24 hours of acceptance of the auction contract by the sellers. Down payment will be payable to John Bethel Title Co. The down payment deposit will be non-refundable; your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing. The balance of the purchase price will be due via a wire transfer to the closing company, on delivery of insurable title on or before October 30, 2020.
Location
Buyer Premium ON-LINE ONLY 11% Buyer's Premium
Description
UNDER CONTRACT PRIOR TO AUCTION - AUCTION CANCELLED 10± Rolling wooded land in northern Monroe County, Bloomington, IN Selling ABSOLUTE with NO MINIMUM NO RESERVE The property is being Sold ABSOLUTE with NO MINIMUM NO RESERVE at Public "Online Only - Internet Auction", ending Thursday October 29, 2020 at 2:00pm (soft close) Seller: Hatton/Harrell License # AC30200042 | AU01049934
UNDER CONTRACT PRIOR TO AUCTION - AUCTION CANCELLED The property will be sold ABSOLUTE at Public "Online Only - Internet Auction", ending Thursday October 29, 2020 at 2:00pm (soft close) The property will be sold ABSOLUTE with no minimum no reserve. Property sells As-Is with no warranties expressed or implied The auction is Subject to prior sale (the property can be purchased prior to the end of the auction) The seller reserves the right to cancel the auction at any time prior to the final bid closing Buyer's Premium - An 11% buyer's premium will be added to the final bid and charged to the buyer, the final bid plus the 11% Buyer's premium will establish the final sales price. A down payment of 10% of the sale price must be paid by the successful bidder by direct wire transfer within 24 hours of acceptance of the auction contract by the sellers. Down payment will be payable to John Bethel Title Co. The down payment deposit will be non-refundable; your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing. The balance of the purchase price will be due via a wire transfer to the closing company, on delivery of insurable title on or before November 30, 2020. - A promissory note will be signed along with the down payment. Final closing is NOT contingent upon financing. The property will be conveyed by a Warranty Deed The seller agrees to furnish buyer(s) with an owner's policy of Title Insurance Policy at closing. Real Estate Taxes: the taxes will be prorated to the day of closing. Sellers reserves the right to transfer property via a 1031 exchange using a qualified intermediary. Closing: - Closing shall take place at the office of: John Bethell Title Co. 2626 S Walnut St. Bloomington, IN 47401 - Closing fee will be paid by the buyer. - Closing will be held on or before November 30, 2020 Possession will be granted at final closing. The successful Bidder shall execute an "Auction Real Estate 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 JDC Group, INC dba United Country Coffey Realty & Auction. and their representatives 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 information was gathered from reliable sources and is believed to be correct as of the date this brochure is published; however, the seller or auctioneers have not independently verified this information. Auction plats and drawings are not to be relied on ad are for representation purposes only. Its accuracy is not warranted in any way. There is no obligation on the part of the sellers or auctioneer to update this information.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 39,999.00 1,000.00 USD
39,999.01 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium ON-LINE ONLY 11% Buyer's Premium
Payment Terms
A down payment of 10% of the sale price must be paid by the successful bidder by direct wire transfer within 24 hours of acceptance of the auction contract by the sellers. Down payment will be payable to John Bethel Title Co. The down payment deposit will be non-refundable; your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing. The balance of the purchase price will be due via a wire transfer to the closing company, on delivery of insurable title on or before November 30, 2020.
A down payment of 10% of the sale price must be paid by the successful bidder by direct wire transfer within 24 hours of acceptance of the auction contract by the sellers. Down payment will be payable to John Bethel Title Co. The down payment deposit will be non-refundable; your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing. The balance of the purchase price will be due via a wire transfer to the closing company, on delivery of insurable title on or before November 30, 2020.
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.