7/11 Vacant Bldg Lot | Zoned R7 (Res. (Multi-Family), Enid,

Online Only Auction

Wiggins Auctioneers, LLC

ONLINE ONLY AUCTION 501 S. Jackson St.

Enid, OK 73701

Date(s) 6/3/2024 - 7/11/2024

ONLINE ONLY AUCTION | Thursday - July 11, 2024 - Begins Closing at 2:00 P.M.

Bidding Open

Online-Only Auction

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Catalog

View Catalog (1 Lots)

Bidding Notice:

A 10% Buyer's Premium will be added to the high bid at auction to determine the purchase price. Neither the Seller nor the Auction Company is responsible in the event of loss of signal or delay of signal by either side.

Auction Information

Name	7/11 Vacant Bldg Lot \| Zoned R7 (Res. (Multi-Family), Enid,
Auctioneer	Wiggins Auctioneers, LLC
Type	Online-Only Auction
Date(s)	6/3/2024 - 7/11/2024
Auction Date/Time Info	ONLINE ONLY AUCTION \| Thursday - July 11, 2024 - Begins Closing at 2:00 P.M.
Preview Date/Time	During Daylight Hours
Checkout Date/Time	See Terms.
Location	ONLINE ONLY AUCTION 501 S. Jackson St. Enid, OK 73701
Buyer Premium	10% Buyer's Premium
Description	Vacant Building Lot \| Zoned R7 (Residential (Multi-Family) District \| Outstanding Location \| ½ Block N. of Owen K. Garriott Rd. & 1 Block E. of Van Buren St. Enid, Garfield Co., OK ONLINE ONLY AUCTION Thursday July 11, 2024 Begins Closing at 2:00 P.M. Physical Address: 501 S. Jackson St., Enid, OK 73701 - Located from the Jct. of US 412 (Owen K. Garriott Rd.) & US 81 (Van Buren), 1 Block E. on US 412 (Owen K. Garriott Rd.) then ½ Block N. on Jackson St. OR 1 Block N. on US 81 (Van Buren), then 1 Block E. on Park Ave. - Zoned R7 - Residential District for Medium & High Population Density - The Principal Use can Range from Single-Family to Multi-Family & Garden Apartment Uses - Lot Size - 140 ft. x 157.5' ft. - City Utilities Available - General Description & Permitted Uses can be Viewed on our Website - Property Appears to be Located in Flood Zone AE & may Require Flood Insurance Legal Description: Lots 14-16, both inclusive, Block 13, Weatherly 6th Addition to the City of Enid, Garfield Co., OK Taxes: The 2023 taxes were approx. $111.00. The 2024 taxes will be prorated to the day of closing. Minerals: Do not sell. Possession: is to be given upon payment in full of the purchase price & transfer of title, at closing. Note: Title will transfer by Quit Claim Deed. Registration: All bidders are required to register with valid form of ID and acknowledge and agree to auction terms & conditions. Buyer's Premium: A 10% Buyer's Premium will be added to the high bid at auction to determine the purchase price. Terms: $1,000.00 is to be placed in escrow day of auction with the balance being due on or by August 1, 2024. Title will transfer by Quit Claim Deed. All information is taken from sources believed to be reliable; however, no guarantee is made by the auction company or its employer. Buyers should satisfy themselves as to acreage, size, condition, etc. prior to auction day. Announcements made day of auction take precedence. Contact Vicki Wiggins Allen, Auction Manager, at 580.554.4400 for any additional information you may need. Visit WigginsAuctioneers.com for terms, general description & permitted uses, details, photos, & online bidding! Seller: BC Resources LLC

Terms and Conditions

1. I acknowledge that I have viewed or received a copy of the Auction Day Announcements packet, which includes information about the property, Auction Day Announcements (terms and conditions), Real Estate Purchase Contract, and Open Commitment for Title Insurance, if applicable. A copy of the packet is available for review at wigginsauctioneers.com within 24 hours of the auction, or a copy of the packet may be requested by emailing info@wigginsok.com. 2. I have read said Auction Day Announcements packet and understand and agree to abide by terms and conditions of the auction. 3. I currently have sufficient funds to meet the "Escrow Deposit" and further have the ability to fund and complete the transaction as outlined in the Real Estate Purchase Contract. 4. I have examined the Real Estate Purchase Contract and understand that it is a legally binding contract, which is not contingent upon financing, inspections, or anything which would prevent successful closing. 5. I understand the property is being sold "As-Is" and it is my sole responsibility to satisfy myself as to any inspections, current condition, usability, etc. prior to bidding. 6. I understand that if I am the successful bidder, I agree to complete and sign the Real Estate Purchase Contract immediately upon conclusion of the auction, and place a 10% escrow deposit as outlined in the Real Estate Purchase Contract. 7. I understand that my registration for the auction will not be accepted without providing name, address, phone, valid ID and signing and returning a copy of this form. By doing so, I am agreeing to and accepting the terms and conditions of the auction set forth in the Auction Day Announcements packet, and any announcements day of auction which supersede advertising. 8. I hereto agree to sign by electronic means, and that the electronic signature shall have the same force and effect as an original signature.

Bid Increments

Your bid must adhere to the bid increment schedule.

Bid Amount	Bid Increment
0.00 - 100.00	2.50 USD
100.01 - 250.00	5.00 USD
250.01 - 500.00	10.00 USD
500.01 - 1,000.00	25.00 USD
1,000.01 - 2,500.00	50.00 USD
2,500.01 - 5,000.00	100.00 USD
5,000.01 - 10,000.00	250.00 USD
10,000.01 - 25,000.00	500.00 USD
25,000.01 - 9,999,999.99	1,000.00 USD

Payment Information

Currency	USD
Buyer Premium	10% Buyer's Premium
Payment Terms	See Terms.

Shipping / Pick Up

N/A