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The real payoff was really today [auction day] with the amount of bidders that showed up, which was significantly more than we anticipated, and a 50% increase in value.
Paul Potter, Detroit Edison
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| FAX: 260-244-4431 |
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Absolute Auction - 1,560 SF Country Home
Monday, June 29, 6:00 pm Auburn, IN · Dekalb County
Owner: Lloyd Treesh
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Contact Sales Manager:
Jerry W. Ehle
260-749-0445
260-410-1996 (cell)
Request a Brochure:
Mail me this Brochure
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Tract Map - Click to enlarge
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2-3 Bedrooms
90% Efficient Furnace
5" Well
Large Living Room & Large Kitchen
Dining Room
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Email this auction to a friend
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REAL ESTATE PREVIEW:
Thursday, June 18,2009 05:00 PM
thru
07:00 PM
Monday, June 29,2009 04:00 PM
thru
06:00 PM
PROPERTY LOCATION:3492 County Road 52, Auburn, Indiana.
Just 2 miles east off of C.R. 427
AUCTION LOCATION:On site.
PROPERTY DESCRIPTION:2-3 Bedrooms
90% Efficient Furnace
5" Well
Large Living Room & Large Kitchen
Dining Room
AUCTION TERMS & CONDITIONS:
PROCEDURE: The property will be offered at 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. Your bidding is not conditional upon financing, so 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. Seller reserves the right to reject any and all bids.
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 15 days of presentation of insurable title. 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. The seller and successful bidder shall each pay half (50:50) of the cost of the survey. The type of survey performed shall be at the Seller's option and sufficient for providing title insurance.
AGENCY: Schrader Real Estate & Auction Co. of Fort Wayne, LLC., 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 "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, inquiries, and due diligence concerning the property. The information contained in the brochure is subject to verifications by all parties relying on it. The Seller or the Auction Company assumes no liability for its accuracy, errors, or omissions. Conduct of the auction and increments of bidding are at the discretion 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 persons 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.
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