524 Charles St. Reedsburg -Real Estate Auction

Gavin Bros. Auctioneers LLC.

 

Date(s) 9/22/2024 - 10/30/2024

Online only auction ends Wednesday October 30th at 11:00 AM.

Past Auction
Online-Only Auction
Shipping Not Available
Bidding Notice:

10% Buyers Premium Applies. Buyer must pay $5,000 down and sign a non-contingent offer to purchase within 24 hours of the close of the auction. Balance is due at closing on or before November 29, 2024.

Auction Information
Name 524 Charles St. Reedsburg -Real Estate Auction
Auctioneer
Type Online-Only Auction
Date(s) 9/22/2024 - 10/30/2024
Auction Date/Time Info
Online only auction ends Wednesday October 30th at 11:00 AM.
Preview Date/Time Tuesday October 15th from 11:00 AM to 1:00 PM
Checkout Date/Time Buyer must sign a non-contingent offer to purchase and pay $5,000 earnest money day of auction. Balance is due at closing on or before November 29, 2024
Location
Buyer Premium 10% Buyers Premium Applies
Description
Attention investors! Two bedroom one bath home with a large lot on Reedsburgs west side. Bring your toolbelt and ideas and make this home your own. Great potential rental or a flip project. Terms: 1. Successful bidder will sign a standard Offer to Purchase form within 24 hours of the close of the auction. The offer will be a cash offer with no contingencies of any kind. 2. Earnest money shall be $5,000 and will be delivered within 24 hours of the close of the auction. If the high bid is accepted, the earnest money will be applied toward the purchase price. If the bid is not accepted, the earnest money will be returned to the buyer. 3. The offer is subject to approval of the owner, who will have until October 31, 2024, to accept, reject, or counter today's high bid. 4. This offer may not be rescinded prior to Midnight of October 31, 2024. 5. In the event of a counteroffer, today's high bidder will be given the first opportunity to accept any counteroffer. 6. A Real Estate Condition Report has not been provided. The buyer is purchasing the property in its "AS IS" condition with all of its faults. No warranties are made as to any mechanical systems, electrical systems, structural soundness, well or septic system, or uses regarding the property. Buyers shall rely entirely on their own inspections of the property and the records. 7. If the offer is accepted, closing will take place on or before November 29, 2024. Occupancy will be given at closing. 8. Real estate taxes will be prorated at the time of closing based on the 2023 taxes which were $1,799.36. 9. A preliminary title policy has been provided by Wisconsin River Title and has been available for review. The buyer accepts the title policy as it reads. 10. A 10% Buyers Premium will be added to the final bid price to determine the actual purchase price.
1. Successful bidder will sign a standard Offer to Purchase form within 24 hours of the close of the auction. The offer will be a cash offer with no contingencies of any kind. 2. Earnest money shall be $5,000 and will be delivered within 24 hours of the close of the auction. If the high bid is accepted, the earnest money will be applied toward the purchase price. If the bid is not accepted, the earnest money will be returned to the buyer. 3. The offer is subject to approval of the owner, who will have until October 31, 2024, to accept, reject, or counter today's high bid. 4. This offer may not be rescinded prior to Midnight of October 31, 2024. 5. In the event of a counteroffer, today's high bidder will be given the first opportunity to accept any counteroffer. 6. A Real Estate Condition Report has not been provided. The buyer is purchasing the property in its "AS IS" condition with all of its faults. No warranties are made as to any mechanical systems, electrical systems, structural soundness, well or septic system, or uses regarding the property. Buyers shall rely entirely on their own inspections of the property and the records. 7. If the offer is accepted, closing will take place on or before November 29, 2024. Occupancy will be given at closing. 8. Real estate taxes will be prorated at the time of closing based on the 2023 taxes which were $1,799.36. 9. A preliminary title policy has been provided by Wisconsin River Title and has been available for review. The buyer accepts the title policy as it reads. 10. A 10% Buyers Premium will be added to the final bid price to determine the actual purchase price.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 10% Buyers Premium Applies
Payment Terms
10% Buyers premium applies. Buyer agrees to sign a non-contingent offer to purchase and pay $5,000 down as earnest money within 24 hours of the auction close. Balance is due at closing on or before November 29, 2024.
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