Rosel Smith Estate Auction | Live and Online Auctions on HiBid.com

Terms: 10% down payment on September 15, 2022. Balance due at final settlement with a projected date of October 15, 2022, upon delivery of merchantable abstract and deed and all objections have been met. Possession: Projected date of October 15, 2022. Real Estate Taxes: To be prorated to date of possession on the basis of the last available tax statement. Seller shall pay any unpaid real estate taxes payable in prior years. Special Provisions: " This online auction will have a 5% buyer's premium. This means the buyer's premium in the amount of five percent (5%) of the bid amount shall be charged to the Buyer and added to the bid amount to arrive at the total contract purchase price. " Down payment is due on the day the bidding closes and signing of the contracts will take place through email and electronic document signatures. In the event the auction bidding closes after 3:00pm, the earnest money will be due the following business day. " If a bid is placed with less than 4 minutes left on the auction, the time on the auction will extend another 4 minutes. This will continue until no bids are placed within the last 4 minutes. " This auction sale is not contingent upon Buyer's financing or any other Buyer contingencies. " If a Buyer is unable to close due to insufficient funds or otherwise, Buyer will be in default and the deposit money will be forfeited. " This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws. " The Buyer acknowledges that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The Buyer is buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the real estate. " All lines, drawings and boundaries are approximate. " Southeast Iowa Realty Inc. is representing the Seller. Any announcements made the day of sale take precedence over advertising.