Online Only Auction
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Date(s)
3/22/2023 - 3/30/2023
AUCTIONEER INFORMATION
Bidding Notice:

Online auction only (no reserve)


Information
Lot # 1
Group - Category Real Estate - Residential
Lead 1309 W Adams St Auburn IL 62615
Name 1039 W Adams St, Auburn,IL 62615
Auctioneer
Type Online-Only Auction
Date(s) 3/22/2023 - 3/30/2023
Auction Date/Time Info
Auction will be held online only. 03/22/23-03/30/23
Preview Date/Time Auction will be held online only. 03/22/23-03/30/23
Checkout Date/Time Auction will be held online only. 03/22/23-03/30/23
Location
Buyer Premium 5% Buyer Premium Rate
Description
This property has lots of possibilities. Large lot, storage shed, mature trees. 6 total rooms with 3 bedrooms & 1 bathroom & kithcen area. Gross living area is 1060 sqaure feet. Age of the home is 82 years. PIN is 34-10-014-000. Taxes from 2021 are $686.09. Lot size is 66x167. Patio area, front porch, asphalt drive-way. Property being sold ("AS IS") Auction to close on March 30th 2023 at 6:00 p.m.
Contract & Down Payment: The successful bidder(s) must sign a contract to purchase immediately following the close of successful bidding on the day of the auction. This contract is not negotiable. The final bid is subject to approval by the seller and the seller reserves the right to withdraw the property from sale at any time prior to receiving an acceptable bid. Arrangements for the Ten (10) % down payment is due on the day of the auction, upon signing a contract to purchase. The down payment can be paid to the title company in the contract or the escrow account. 5% buyer’s premium. Financing: Bidding is not conditional upon financing. Financing should be arranged if needed & buyer must be capable of paying cash down payment on the day of auction. The remainder of the purchase price is payable at closing. Closing is to be planned for 30 days after the close date of the auction. Possession: Possession of property will be given at closing. Real Estate Taxes: Seller will provide a credit to buyer(s) at closing prorated up to the closing date based on the most recent tax information. Agency: Jeff Prochnow Auctions Inc. (Berkshire Hathaway Home Services as sponsoring broker) and its representatives are exclusive agents of the seller only. Easements & Leases: Sale of said property is subject to any & all easements & leases of record. Disclaimer & Absence of Warranties: The property is being sold on an “as is where is” basis & no warranty or representation, either expressed or implied concerning the property is made by either seller or auction company. The information is believed to be accurate but subject to verification by all parties relying on it. No liability for accuracy, errors, or omissions is assumed by seller or auction company. Each bidder is responsible for conducting their own independent inspections, and all due diligence concerning the property. Neither the seller nor auction company are warranting any specific zoning classification, location of utilities, assurance of building permits, driveway permits, or water/septic permits; or warranting or representing as to fitness for a particular use access, quality or quantity, or physical or environmental condition. Diagrams & dimensions are approximate. All non-surveyed acreages are estimates. All information contained in this & related materials are subject to terms & conditions of sale outlined in the purchase contract.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 9,750.00 250.00 USD
9,750.01 - 97,500.00 2,500.00 USD
97,500.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 5% Buyer Premium Rate
Payment Terms
10% Down Payment required to the winning bidder at the end of the auction.
Shipping is not applicable
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.