Live Webcast Auction
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Price Realized:
25,000.00 USD
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Price Realized 25,000.00 USD
Date Sold 2024-05-30T00:00:00
Date(s)
5/22/2024 - 5/30/2024
Bidding Notice:

Please note that this is an in person and online auction. If you are not serious about bidding please do not bid on an parcel. If you have any questions please call our office at 417-326-2828.


Information
Lot # 7
Group - Category Real Estate - Ag / Farm Land
Lead Parcel 7 - Tract 3 (Lot in Walnut Ridge Subdivisio
Description
Tract 1: Triangular Shaped Lot (0.33 Acre)
Name Absolute Development Land Auction
Auctioneer
Type Live Webcast Auction
Date(s) 5/22/2024 - 5/30/2024
Auction Date/Time Info
This auction is held in person and online at the Bolivar Recreational Center at 2pm Cst on Thursday May 30 2024.
Preview Date/Time Call our office at 417-326-2828 to set up an appointment to look at any of the properties.
Checkout Date/Time Auction will close when the last parcel is sold.
Location
Buyer Premium 1
Description
In order to settle the estate of Mr. Earl Spiegel, the court has ordered the sale of all property jointly owned by Mr. Spiegel. Therefore, we will liquidate at absolute public auction approximately 30 development lots in Karlin Acres and other subdivisions in the Bolivar, MO area. Additionally, this auction will feature 56± acres of development land located southwest of Bolivar with roadways, water and sewer installed. This auction presents a unique opportunity to purchase build-ready lots and land at your own price! Mark your calendar and plan to attend this excellent auction!
ONLINE REAL ESTATE AUCTION TERMS: 1. Immediately following the auction please contact our office at 417-326-2828 to coordinate transmission of contract documents and down payment. 2. A down payment will be required NO LATER THAN FRIDAY, MAY 31, 2024 BY 4:00PM (CST). Internet buyers may hand-deliver down payment funds ON AUCTION DAY or wire transfer funds on Friday. Cash, cashier’s check, personal or business check that is immediately negotiable is satisfactory for the down payment. Your down payment check WILL BE DEPOSITED IN ESCROW and will be applied to the purchase price at closing. Down payment amounts will be made according to the following scale: 300,000 and below………………..10% up $15,000 (Capped) 301,000 – 500,000…………………$25,000 (Flat) 501,000 – 1 Million…………………$35,000 (Flat) Above 1 Million……………………..$50,000 (Flat) Purchase of an entire property……5% (Uncapped) Down payments are non-refundable and failure to close on the purchase will result in forfeiture of the down payment. The balance of purchase price is due in cash at closing. Closing costs will be shared equally between Buyer(s) and Seller. 3. Your bidding is not conditional upon financing, so be sure you have arranged financing, if necessary, and are capable of paying cash at closing within the specified time. 4. The balance of the purchase price is due in cash at closing. Closing costs will be shared equally between Buyer(s) and Seller(s). Closing shall take place on or before Monday, July 15, 2024 at Shell Title Co. located at 818 S. Springfield Ave. in Bolivar, MO. 5. The sale of the real estate is NOT subject to any contingencies or financing 6. The Seller(s) shall provide a title search and a warranty deed. The cost of title insurance shall be at Buyer(s) expense if Buyer(s) elects to secure a title insurance policy. 7. The Seller(s) shall pay the 2023 and all prior year’s real estate taxes; real estate taxes for 2024 shall be prorated to the date of closing. 8. The lot sizes, square footages and dimensions of structures on the properties are those figures that are on file in the Polk County assessor’s office. 9. Possession shall not be granted until closing. No buyer may inhabit any dwelling, make physical changes to any structure or land, harvest any crop nor store any items on the premises of any property. 10. Your bids are to be based solely upon your inspection. All real estate is being sold without physical warranty of any kind. The Seller(s) and the agents of Diamond S Auction & Real Estate Co. shall not assume any responsibility for warranty of any specific zoning classifications, location of utilities, and assurance of building permits, or water and septic permits. No warranties or guarantees as to the condition of the wells on any parcel are made by the Seller(s) or Auction Company. In short, all property is being sold “AS IS” with no guarantees of any kind. 11. All real estate is being sold subject to any existing recorded easements. Existing recorded leases, if any will be assigned to the Buyer(s). 12. At the close of the auction, Buyer(s) will be required to execute an Agreement to Purchase Real Estate and Addendum(s). This agreement is available for your review. The terms of this agreement and addendum(s) are non-negotiable. 13. Diamond S Auction & Real Estate Company, Inc. and its representatives are the exclusive agents of the Seller(s). Any announcements made by the auctioneers during the course of the auction shall take precedence over this and any other printed material. RESTRICTIONS (Parcel 3) 1. Parcel 1, Parcel 2 (Tract 2), Parcel 3, Parcel 5 & Parcel 7 are subject to certain restrictive covenants which were established by the developer(s). Copies of said restrictions are available for your review.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 10,000.00 1,000.00 USD
10,000.01 - 100,000.00 5,000.00 USD
100,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 1
Payment Terms
A down payment will be required NO LATER THAN FRIDAY, MAY 31, 2024 BY 4:00PM (CST). Internet buyers may hand-deliver down payment funds ON AUCTION DAY or wire transfer funds on Friday. Cash, cashier’s check, personal or business check that is immediately negotiable is satisfactory for the down payment. Your down payment check WILL BE DEPOSITED IN ESCROW and will be applied to the purchase price at closing. Down payment amounts will be made according to the following scale:
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