Online Only Auction
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Date(s)
9/13/2020 - 10/22/2020
Bidding Notice:

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Information
Lot # 2
Group - Category Real Estate - Residential
Lead Tract 2• Building site 1.41 + or - Acres 440ft x
Description
140ft (sold by the tract) Zone R2 Single Family Lot 113 Woodland Heights Subdivision. City Utilities available
Name Midland State Bank Trust 1132 Land Auction
Auctioneer
Type Online-Only Auction
Date(s) 9/13/2020 - 10/22/2020
Auction Date/Time Info
Auction begins to close Thursday Oct 22nd 6PM
Preview Date/Time Preview property at your own leisure
Checkout Date/Time Contracts signing and down payment will be Friday Oct 23rd Friday morning.
Location
Buyer Premium 0
Description
Absolute Land Auction - Online Only 40.84 + or - Acres Tract 1 - Building site .308 + or - Acres 112ft x 120ft (sold by the tract) Zone R2 Single Family Lot 68 Woodland Heights Subdivision. Tract 2 - Building site 1.41 + or - Acres 440ft x 140ft (sold by the tract) Zone R2 Single Family Lot 113 Woodland Heights Subdivision. Tract 3 - Building site .50 + or - Acres 220ft x 100ft (sold by the tract) Zone R2 Single Family Lot 103 Woodland Heights Subdivision. Tract 4- 25.82 + or - Acres, zone R2 Single Family, multiple building sites, 7 + or - Acres currently in grass hay. Approx. 18 acres of woods logging & archery hunting potential. Tract 5- Building site 12.8 + or - Acres, zone R2 Single Family, multiple building sites, Mostly wooded. Logging & archery hunting potential. Tract 6o Combination of Tracts 4 & 5 Seller: Effingham State Bank Trust 1132 Terms & Conditions: Real Estate is sold "As Is". 10% down sale remainder due at closing approx 30 days. Maps, borders, on brochure, website and markers in the field are estimates and are simply to be used as guidelines. Successful bidders will be required to enter into a purchase agreement the following day after the auction. It is the potential bidder's responsibility to conduct his or her own independent inspection inquiries & due diligence concerning the property. Information contained herein is believed to be accurate but is subject to verification by all parties relying on it. Announcements sale day take precedence over printed material. Schmid Auction is not responsible for accidents.
City Utilities available on all tracts This auction will be offered by the entire tract not by the acre THIS IS AN INTERNET ONLY AUCTION: All items sell as is, where is with any and all faults or flaws. Items sell with no warranty stated or implied. No Buyer Premium STAGGERED/DYNAMIC CLOSING: The auction will begin closing at Thursday Oct 22nd 6:00PM Central time. The closing time will be automatically extended an additional 4 minutes whenever a bid is placed within the last 4 minutes of the lot closing. AGE REQUIREMENT: All bidders must be at least 18 years of age to purchase. CATALOG DISCREPANCIES: You are bidding on the described item not the photograph, occasionally the wrong photo may be displayed, always read the item description. The auctioneer reserves the right to add or remove items from the auction. The auctioneer reserves the right to cancel, suspend, extend or reschedule an individual item and or auction event or to make changes to the auction closing times or inspection or removal times. Server & Software Technical Issues: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Schmid Auction reserve the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE NOR SCHMID AUCTION SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by Schmid Auction. Terms & Conditions: Real Estate is sold "As Is". 10% down sale remainder due at closing approx 30 days. Maps, borders, on brochure, website and markers in the field are estimates and are simply to be used as guidelines. Successful bidders will be required to enter into a purchase agreement the following day after the auction. It is the potential bidder's responsibility to conduct his or her own independent inspection inquiries & due diligence concerning the property. Information contained herein is believed to be accurate but is subject to verification by all parties relying on it. Announcements sale day take precedence over printed material. Schmid Auction is not responsible for accidents.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 100.00 1.00 USD
100.01 - 1,000.00 10.00 USD
1,000.01 - 10,000.00 25.00 USD
10,000.01 - 100,000.00 100.00 USD
100,000.01 - 9,999,999.99 100.00 USD
Currency USD
Buyer Premium 0
Payment Terms
10% down the day after the auction remainder due at closing in approximately 30 days
none
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.