Mon. August 18 - 6:00 - 7:00 p.m.Sat. August 30 - 10:00 - 11:00 a.m. Individual showings & complete auction brochure available by contacting the Real Estate representative.
Jerome KarlREALTOREdina Realty, Hutchinson 320.587.3510
Terms & Conditions:
Bidder Registration: Although there is no obligation to bid, all prospective buyers MUST register to bid at the auction.
Down Payment: $10,000 per parcel non-refundable earnest money down on purchase agreement day of auction.
Closing: Closing on this property shall take place on or before October 10, 2008, the date of closing and possession. Buyers wishing to close earlier will be accommodated.
Failure to close by the Buyer: If for any reason you are unable to complete the transaction, your down payment money will be forfeited.
Title: This property will be sold free & clear from any & all liens & encumbrances, but subject to any zoning, environmental, or other municipal, federal & state laws, easements, rights of way or other matters of record.
Seller & Auctioneers Disclaimer: All announcements made by the auctioneer shall take precedence over any previously written material or oral statements made. Conduct of the auction, increments of the bidding & decisions as to the high bidder will be at the direction & sole discretion of the auctioneer. The information contained in this brochure is subject to the inspection & verification by all parties relying on it; no guarantee, expressed or implied, is given of the information contained in the brochure. No liability for its accuracy, error or omissions is assumed by the owners or the agents. Property sells in “as is” condition & sellers disclosure will be provided.
Terms: $10,000 per parcel non-refundable earnest money down on purchase agreement the day of auction. Cash, personal, & company checks or certified funds will be accepted. Balance in full due on or before October 10, 2008, the date of closing & possession. Buyers wishing to close early will be accommodated. Buyers to have financing arrangements made prior to the auction with no contingencies of any kind accepted on day of auction. This property sells subject to sellers confirmation. Seller shall pay all 2008 real estate taxes. Seller will pay for survey and set lines. Buyer will be responsible for updating septic system. An 8% buyers premium applies on this property & shall be made part of the purchase price. Example: Bid price: $100,000 plus 8% buyers premium, Purchase price: $108,000. Parcels # 2 and #3 sell by the acre times the money. 1031 tax exchange language can be included in the purchase agreement at the buyers request, however, any 1031 tax exchange shall not alter the terms, conditions, or closing date of this transaction. Taxes: 2008 Real Estate taxes will be paid by the seller.
Agency Disclosure: Fahey Sales Auctioneers & Appraisers & Edina Realty represent the seller in this real estate transaction. Dual agency may apply.
Broker Participation Accepted But Not Required: A 2% referral fee will be paid to the buyers agent that registers their client with the auction company prior to 5:00 p.m. Monday, September 8, 2008. Buyers agents must accompany clients to all showings and/or open houses and to the auction to receive the referral fee. Contact auction company or real estate representative or see supplement on the regional MLS for required registration forms.
Auctioneers Note: Bobbi has purchased a home in town and is selling her farm.Don't miss this excellent opportunity to purchase a country home andfarmland in the Glencoe/Silver Lake area. Just one hour West of the Twin Cities.Be sure to attend!We're going to sell it!
More photos at www.faheysales.com.
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