Lot # : 1 - 545 S 3rd Street in Canton, IL

Online Only Auction
545 S 3rd Street in Canton, IL
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High Bid: 6,250.00 USD
19 Bids
Time Remaining: 11d 2h 38m
Soft Close
Shipping Not Available
Reserve Not Met
Canton, IL 61520
Date(s)
4/20/2024 - 5/15/2024
AUCTIONEER INFORMATION
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Information
Lot # 1
Group - Category Real Estate - Residential
Lead 545 S 3rd Street in Canton, IL
Description
Online Auction of 545 S 3rd Street in Canton, IL. - possible investment property, affordable living, interior some updates, Buying home "as is" please read terms and conditions of this online auction. Prochnowauctions.hibid.com
Name 545 S 3rd Street in Canton, IL
Auctioneer
Prochnow Auctions
Type Online-Only Auction
Date(s) 4/20/2024 - 5/15/2024
Auction Date/Time Info
April 20th - May 15th at 6:00PM
Checkout Date/Time May 15th at 6:00PM
Location
545 S. 3rd St
Canton, IL 61520
Buyer Premium 3% buyer’s premium.
Description
Online Auction of 545 S 3rd Street in Canton, IL. - possible investment property, affordable living, interior some updates, Buying home "as is" please read terms and conditions of this online auction. Prochnowauctions.hibid.com
Terms & Conditions Property sells "AS IS" with no warranties the successful bidder(s) must sign a contract provided by sellers attorney 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 (non-refundable) is due on the day of the auction closing, upon signing a contract. The down payment payable to the title company escrow account , a 3% buyer’s premium will be added to the purchase price. Financing should be arranged if needed & buyer must be capable of paying 10% down payment (no refundable) on the day of auction. The remainder of the purchase price is payable at closing. Closing: 30 days after the close date of the auction. Possession of property will be given at closing. Real Estate Taxes prorated up to the closing date. Agency: Jeff Prochnow Auctions PLLC. (Berkshire Hathaway Central Illinois Realtors as sponsoring broker) and its representatives are exclusive agents of the seller
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 3% buyer’s premium.
Payment Terms
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 closing, upon signing a contract to purchase. The down payment can be paid to the title company in the contract or the escrow account. 3% 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.
After - May 15th at 6:00PM
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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.