Auction Terms & Conditions ON LINE & LIVE AUCTION. BIDDING WILL BE FOR THE REAL ESTATE
LOCATED AT : 3770 Strawberry Hill Rd., Hillsdale, MI. 49242
As Is, Non-contingent transaction. Buyer to all due diligence before the auction date. The buyer will execute the purchase and sale contract at auction completion and make a $10,000 nonrefundable downpayment no later than the following business day of the auction. The sale is not contingent on appraisal, inspection, or financing. Buyers can have inspection and appraisal done before auction and may use financing but MUST close in 30 days. Use the time before the auction to complete all due diligence.
Broker participation is offered because you are worth it: Winning bid of $100,000 = $2500 broker participation paid to the broker at closing. This property will be sold subject to the owner's confirmation, which means the owner can reject or accept the final bid. By registering in our auction today you agree to our terms & conditions and will be bound by those Terms and Conditions. A seven percent (7%) buyer's premium will be added to the high bid to establish the total sales contract price. The successful high bidder on this property will be required to sign a Real Estate Sales Contract, Terms & Conditions, and any other documents needed immediately upon conclusion of the bidding and will make a nonrefundable deposit of $10,000. Payment may be made by personal check; cashier's check, wire transfer, or cash. The balance is to be paid in full at closing within 30 days.
Current taxes will be prorated at the date of closing. The seller will provide the deed. The buyer is responsible for title opinion, title insurance, and recording fees. All closing costs have to be paid by the buyer. The buyer is to obtain their financing, but the auction is not contingent upon it. This contract will NOT be contingent upon financing, inspections, or any other contingencies.
Auction and its auctioneers and agents are representing the sellers as the sellers' agents. Michael Auction & Realty Service LLC gives notice that the auctioneer or agent can bid on behalf of the seller up to the reserve price. All properties are sold "AS-IS, WHERE-IS, and WITH ALL FAULTS," without any warranties expressed, implied, or guarantees of any kind. Agent represents the seller only and does not inspect properties on the bidder's behalf.
All measurements, square footage, and age are approximate and not guaranteed. Seller and or agent makes no warranty as to the accuracy of information. All information is deemed reliable, but not guaranteed. Buyer needs to verify all information to their satisfaction before bidding. Michigan Residential property exemption notification and lead-based paint disclosure will be a part of the sales contract. Bidder understands and agrees that this agreement and all rights of the parties there-under shall be governed by the laws of the County of Branch, State of Michigan, and any action brought by either party shall be brought in the Courts of the State of Michigan. In the event, that for any reason, the forum is deemed to be sufficiently inconvenient or the agreement on the forum selection is unenforceable it is still the intention of the parties that the Laws of the State of Michigan govern the parties agreement and their rights attended there to. Buyer agrees that any legal filed action will take place within the county of Hillsdale, City of Hillsdale, State of Michigan.
If you are bidding online please note, the auctioneer may without notice, withdraw, extend or rearrange any property, and or item at their sole discretion at any time and will not be liable for any computer, internet or website malfunctions. In an online only auction bids that are placed within the last minute, will cause bidding to automatically extend to prevent bid sniping. Down Payment must be made within 48 Hours after you are the winning bidder. Michael Auction & Realty Service LLC will have up to 7 DAYS to provide the Buyer with any documents to be signed after the auction has ended.
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