TERMS:
1. Successful bidder will sign a standard Offer to Purchase form directly following the auction. Offer will be a cash offer with no contingencies of any kind.
2. Earnest money shall be $20,000 and will be delivered within 24 hours, following the auction. If the high bid is accepted, the earnest money will be applied toward the purchase price. If the bid is not accepted, the earnest money will be returned to the buyer.
3. The offer is subject to approval of the owner, who will have until June 20, 2024. The seller may accept, reject, or counter today's high bid.
4. This offer may not be rescinded prior to Midnight June 20, 2024.
5. In the event of a counter-offer, today's high bidder will be given the first opportunity to accept any counter offer.
6. A Real Estate Condition Report has been provided however the buyer is purchasing the property in its "AS IS" condition. No warranties are made as to any mechanical systems, electrical systems, structural soundness, well or septic system, or any other aspects regarding the property. Buyers shall rely entirely on their own inspections of the property and the records.
7. If the offer is accepted, closing will take place on or before August 12, 2024. Occupancy will be given at closing.
8. Real estate taxes will be prorated at the time of closing based on the 2022 taxes. The 2023 taxes were $5,805.82.
9. A preliminary title policy has been provided by Wisconsin River Title and is available for review. Buyers are accepting the policy as it reads.
10. Any personal property being left on the premises is left solely at the convenience of the seller and is considered to have no monetary value. The buyer is accepting the property this way.