This property is sold as-is, where-is. We completed an extensive due diligence process on this lot, but we recommend you do your own research as well. Take the time to get to know your new property before purchasing. This information is deemed reliable, but not guaranteed. (1) Your bid is legal and binding. You are encouraged to inspect the property and conduct all due diligence prior to placing a bid. (2) Contact the Lee Babler with questions about building or property: (218) 779-1691. (3) There are no back taxes or assessments owed. (4) Seller will have taxes paid up to date to transfer deed. (5) No Buyer Agent Payout. (6) Bid permissions are automatically set to a maximum of $5000. We will increase bid permissions for those who provide pre-approval documentation from a financial institution. (7) A $10,0000 deposit will be held from bidders who request a bid permission increase. This deposit will be used towards purchase in the event of a winning bidder - and will be returned to non-winning bidders no more than 2 days after the auction closes. (8) A representative will contact the high bidder to arrange for earnest money delivery and contract execution right after the auction. The contract is to be executed, and earnest money delivered, within 24 hours of auction close or we reserve the right to award the property to the next highest bidder. (9) The successful bidder is required to pay by wire transfer, or other acceptable tender, an amount equal to 10% of the winning bid to Babler Auction Services, or designated holder, with the balance due at closing within 30 days, and sign a real estate purchase agreement. Electronic signatures may be used. Failure to sign the agreement and/or pay the required deposit within 24 hours of the close of the sale will be considered a DEFAULT by the Buyer subject to all legal remedies available to the Seller and Babler Auction Services. Time is of the essence. (10) Any and all closing costs, including any loan fees, recording costs, attorney's closing fee, and title search and/or insurance (if desired), are the sole responsibility of the Purchaser. (11) Seller will file a Deed with the county after full payment is made. (12) Buyer to pay $595 admin fee (shipping and handling) on top of the final hammer price. This auction is contracted and managed by: Babler Auction Services, Caledonia, MN Owner of Babler Auction Services, Lee Babler has ownership interest in this property and is a Licensed REALTOR in Minnesota.