| Name | REAL ESTATE AUCTION - Bid Online - Loogootee, IN |
|---|---|
| Auctioneer | Graber Auctions |
| Type | Online-Only Auction |
| Date(s) | 12/7/2022 |
| Wednesday, December 7th, 2022 ~ Online Bidding Closes at 7:30pm | |
| Preview Date/Time | Open House: TBD - more information coming soon |
| Checkout Date/Time | NOTE: Owner has the right to accept or reject final bid on Real Estate. REAL ESTATE TERMS: $5,000 down payment via check upon the acceptance of Final Bid. The successful bidder will be required to sign a Purchase Agreement upon acceptance of final bid. (The final bid is subject to the Sellers acceptance or rejection).The down payment will be required at signing of Purchase Ageement & applied to the purchase price. (Nonrefundable) The Balance will be due at closing. Property is offered in "AS IS" condition. All inspections must be made prior to auction at bidders expense. Closing cost will be split between Buyer & Seller. Seller will provide a Warranty Deed to the purchaser. Property is not being offered subject to financing. Please have financing arranged before auction. Real Estate taxes will be prorated to date of closing. Possession will be given at closing. Final bid is subject to owner's approval. |
| Location | 415 SW 3rd Street Loogootee, IN 47553 |
| Buyer Premium | No buyers premium. |
| Description |
This home has 2 bedrooms, 1 bathroom & Detached Garage. The roof to the home was replaced in 2022. High ceilings and spacious bedrooms! This home features a large mud room/ laundry room and a screened in front porch. Don't miss this opportunity!
OPEN HOUSE: Monday, November 28th at 5:00pm - 7:00pm ET
Parcel #: 51-08-24-300-211.000-008
Legal Description: ROGER'S ADD'N LOT 7
Mark Graber AU19400133
812-254-2220
|
Auction Terms & Conditions Real Estate Auction Terms & Conditions
DOWN PAYMENT: A $5,000. down payment will be required on the day of auction. The down payment
may be made in the form of check and is non-refundable.
YOU'RE BIDDING IS NOT CONDITIONAL UPON FINANCING, so be sure you have arranged financing if needed. A pre-approval letter from your lender will be required to bid.
ACCEPTANCE OF BID PRICES: The successful bidder will be required to sign a Purchase Agreement upon acceptance of final bid. (The final bid is subject to the Sellers acceptance or rejection).
EVIDENCE OF TITLE: Seller shall provide an owners title insurance policy in the amount of the purchase price.
DEED: Seller shall provide Warranty Deed(s).
CLOSING: The balance of the purchase price is due at closing, which will take place in 45 days after the auction, or as soon thereafter as applicable closing documents are completed by the Seller. Fee’s for an administered closing shall be shared 50/50 between Buyer(s) and Seller(s).
POSSESSION: Possession will be given at closing.
REAL ESTATE TAXES: Real Estate taxes shall be prorated to the date of closing.
PROPERTY INSPECTION: Each potential Bidder is responsible for conducting, at their own risk, their own
independent inspections, investigations, inquiries and due diligence concerning the property. Seller
disclaims any and all responsibility for Bidders safety during any physical inspection of the property.
SURVEY: The cost of the survey, if needed, will be the responsibility of the buyer.
DISCLAIMER AND ABSENCE OF WARRANTIES: The property is being sold on an AS IS, WHERE IS basis, and
no warranty expressed or implied, concerning the property is made by the Seller or the Auction
Company. All sketches in the brochure are approximate. Each potential bidder is responsible for
conducting his or her own independent inspections, investigations, and inquiries concerning the
property. Conduct of the auction and increments of bidding are at the direction of the Auctioneer. The
Seller and Selling Agents reserve the right to preclude any person from bidding if there is any question as to the person's credentials, fitness, etc
Mark J Graber- Auctioneer/Real Estate Broker Lic.#AU19400133
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Terms Of Use
Seller User Terms
Bidder User Terms
Seller User Terms
Bidder User Terms
Your bid must adhere to the bid increment schedule.
| Bid Amount | Bid Increment |
|---|---|
| 0.00 - 9,999,999.99 | 250.00 USD |
| Currency | USD |
|---|---|
| Buyer Premium | No buyers premium. |
| Payment Terms |
$5,000. Down payment must be paid by the successful bidder by check or Cashiers Check with the acceptance of the purchase agreement. The down payment deposit will be non-refundable and applied to the purchase price. Your bidding is not conditional upon financing, so be sure you have arranged your financing prior to bidding. The balance of the purchase price will be due via a wire transfer to the closing company, on delivery of insurable title.
Possession will be given at closing. Property is offered in "AS IS" condition. All inspections must be made prior to auction closing date. Closing cost will be split between buyer and seller. Final bid is subject to owner's approval.
Auction closes at 7:30 pm on Wednesday, December 7th, 2022.
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