1. Successful bidder will sign a standard Offer to Purchase form within 24 hours of the close of the auction. The offer will be a cash offer with no contingencies of any kind.
2. Earnest money shall be $10,000 and will be delivered within 24 hours of the close of 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 July 25, 2024, to accept, reject, or counter today's high bid.
4. This offer may not be rescinded prior to Midnight of July 25, 2024.
5. In the event of a counteroffer, today's high bidder will be given the first opportunity to accept any counteroffer.
6. A Real Estate Condition Report has been provided; however, the buyer is purchasing the property in its "AS IS" condition with all of its faults. No warranties are made as to any aspects or uses 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 30, 2024. Occupancy will be given at closing.
8. Real estate taxes will be prorated at the time of closing based on the 2023 taxes which were $67.21.
9. A preliminary title policy has been provided by Gowey Title and has been available for review. The buyer accepts the title policy as it reads.
10. Bidding is so much per acre. (bid price x 13.7)