City of Norwich, KS

Floyd Auction & Real Estate LLC

 

Date(s) 6/25/2024 - 7/17/2024

Online June 26, 2024 5:00 P.M. CST Live/Simulcast Wednesday, July 17, 2024, 10:00 A.M. CST

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Bidding Notice:

Bid live online. - Register to bid here https://floydsells.hibid.com or click on "More From This Seller" tab in the upper right hand corner of this window.

Auction Information
Name City of Norwich, KS
Auctioneer
Type Live Webcast Auction
Date(s) 6/25/2024 - 7/17/2024
Auction Date/Time Info
Online June 26, 2024 5:00 P.M. CST Live/Simulcast Wednesday, July 17, 2024, 10:00 A.M. CST
Preview Date/Time June 26, 2024 through July 17, 2024
Checkout Date/Time Wednesday, July 17, 2024, 11:00 A.M. CST (Conclusion of LIVE/SIMULCAST)
Location
Buyer Premium 2% Buyer's Premium
Description
.73 Acre Vacant Lot with Highway 42 Frontage Selling: Lots Thirteen through Twenty (13-20) Block Eight (8), Norwich Supplemental Plat, City of Norwich, Kingman County, Kansas. (Property Address: 00000 N. Westview St., Norwich, KS) Currently ZONED INDUSTRIAL Buyer is responsible for any zoning changes after the sale. Property is being sold in AS-IS condition. Seller is not responsible for the removal of the tree pile located on the property. Easy Direct Access to K-42 Highway Water and Sewer Accessible. SIMULCAST ONLINE BIDDING REGISTRATION DEADLINE IS FRIDAY, JULY 12, 2024, AT 5:00 P.M. CST In order to be approved for online bidding, internet bidders will be required to provide a verificaton of funds or a letter of credit approval from a credible lender with contact information by FRIDAY, JULY 12, 2024, at 5:00 P.M. CST **If the property is purchase ONLINE, the Buyer acknowledges there will be a 2% Buyers Premium added to the contract price. (There is NO Buyers Premium for on-site Buyers.)
The successful bidder will be required to sign a purchase conntract and place 10% down in escrow with Security 1st Title the day of sale. Balance due the day of closing. Closing shall be held on or before August 19, 2024. Possession day of closing. 2024 Estimated Taxes $480.00 Real Estate taxes will be prorated to the date of closing. Title Insurance and Escrow Closing Fees will be shared 50% Buyer and 50% Seller. Sells NON-CONTINGENT on financing. It is the Buyer's responsibilty to have all inspections competed prior to auction day. Floyd Auction & Real Estate LLC will make the property available at reasonable timesto accommodate any inspections. Property sells AS-IS in its current condition and is being accepted by the Buyer with no warranties from the Seller or Floyd Auction & Real Estate LLC, either expressed or implied. Sells subject to any easements, leases and right of ways of record. Buyer has received all information and is bidding accordingly. Floyd Auction & Real Estate LLC and its Agents/Auctioneers are acting as Agents to the Seller. Any announcements made the day of sale will take precedence over printed materials. If the property is purchased by internet simulcast bid, the Buyer acknowledges there will be a 2% Buyers Premium added to the contract price. Internet Bidders will be required to provide a verification of funds or letter of credit by a reputable lender to be approved to bid online. ***** REGISTRATION DEADLINE FOR ONLINE BIDDING IS FRIDAY, JULY 12, 2024 AT 5:00 P.M. CST. There will be No Buyer's Premium for on-site Buyers. ******* ****NOTE: Internet bidders will be required to provide a verification of funds or a letter of credit by a reputable lender to be approved to bid online. Deadline to register and provide this information to our office is FRIDAY, JULY 12, 2024 at 5:00 P.M. CST****
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 100.00 USD
Currency USD
Buyer Premium 2% Buyer's Premium
Payment Terms
NOTE: Internet bidders will be required to provide a verification of funds or a letter of credit by a reputable lender to be approved to bid online. Deadline to register and provide this information to our office is FRIDAY, MARCH 22, 2024 at 5:00 P.M. CST The successful bidder will be required to pay 10% down day of sale with the remaining balance due the day of closing. This property sells NON-CONTINGENT on financing.
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