Thursday, May 29,2008 05:00 PM  thru  07:00 PM
Saturday, June 21,2008 08:00 AM  thru  09:00 AM

337 North Main Street, Columbia City, IN 46725

Auction to be held on site.

Property Features: Large lot for outdoor activities 3 or 4 bedrooms, 2 baths, Living room w/gas log, ventless fireplace, Family room, Den, Basement, Deck, Natural woodwork with open stairway, Newer carpet, Newer gas furnace, Laundry room with washer & dryer, Paved driveway, Utility shed

Procedure: The property will be offered at public oral auction.
Down Payment: $1500 down payment on the day of auction with the balance in cash at closing. The down payment may be made in the form of cash, cashier's check, personal check or corporate check. Be sure you have arranged financing, if needed, and are capable of paying cash at closing.
Acceptance of bid prices: The successful bidder will be required to enter into a purchase agreement at the auction site immediately following the close of the auction. Property will be sold to highest bidder.
Evidence of Title: Seller shall provide an owner's title insurance policy in the amount of the purchase price.
Deed: Seller shall provide a Warranty Deed.
Closing: The balance of the purchase price is due at closing, which will take place within 40 days. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.
Possession: Possession day of closing, immediately following the closing.
Real Estate Taxes: Real Estate Taxes will be pro-rated to the day of closing.
Survey: A new perimeter survey will be completed only if necessary for closing.
Agency: Schrader Real Estate & Auction Co., Inc. and its representatives are exclusive agents of the Seller.
Disclaimer and absence of warranties: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. The property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either express, or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conduct of his or her own independent inspections, investigations, inquires, and due diligence concerning the property. The information contained in the brochure is subject to verifications by all parties relying on it. 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. All decisions of the Auctioneer are final. Any announcements made the day of the sale take precedence over printed material or any other oral statements made.