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Auctions

308 N. 19th Street, Richmond, IN 47374
Auction Closes:
December 13, 2023 soft close starts at 2:00pm
Terms & Conditions:
Real Estate: TERMS & CONDITIONS: PLEASE READ CAREFULLY! By participating in this auction, you understand, accept and agree to the following terms and conditions: By registering and bidding you agree to follow all of the auction terms and conditions. Although the auction company strives to provide the best internet connection and software available, please understand that internet speeds and reliability can vary. The auction company is not responsible for lost connection or software failure resulting in unaccepted or lost bids. Any bid placed shall constitute a legally binding and enforceable offer to purchase the subject Real Estate. Auctioneer reserves the right to reject or cancel any bid placed. There is a 10% Buyer’s Premium charged to the final/winning bid price payable by the buyer/winning bidder and a $117 Broker Compliance Fee will be charged to Buyer/Winning Bidder at closing. Winning Bidder will be notified upon close of auction. Within 24 hours of close of auction, Buyer/Winning Bidder will be required to execute a Purchase Agreement as well as other applicable forms as required for the sale of real estate including but not limited to Addendums, Disclosures, Waivers, Agreements, Clauses and/or Broker Forms. The terms and documents are non-negotiable and time is of the essence. Buyer/Winning Bidder agrees to take actions as requested to facilitate the closing of the sale. Closing and title work will be completed by Abstracts of Richmond located at 25 North 8th Street, Richmond, IN 47374. Closing of real estate transaction to be within 30 days of the close of auction unless mutually agreed upon by Seller and Buyer/Winning Bidder. Possession of real estate will be at closing. Closing costs/fees will be split evenly between Seller and Buyer/Winning Bidder. Taxes will be prorated to the day of closing. Any costs/fees associated with Purchaser/Buyer/Winning Bidder financing is at the sole expense of the Purchaser/Buyer/Winning Bidder. The Property will be sold without contingencies including financing, insurance, appraisals, surveys and inspections. Bidders are encouraged to inspect the Property prior to placing any bid. Bidders are advised to make financial arrangements prior to placing any bid. A earnest money deposit in the amount of 10% of the purchase price/winning bid will be due from Buyer/ Winning Bidder. This payment must be received by the Title Company within 48 hours of close of auction and will be held in their escrow account until closing. This payment will be non-refundable unless by default of the Seller. The balance of the purchase price will be due in cash at closing via wire transfer or as required by the Title Company. The Property will be sold in its “AS-IS” condition with all faults and limitations and with no warranties express or implied. Buyer/Winning Bidder understands, accepts and agrees that Buyer/Winning Bidder has been advised to seek appropriate counsel regarding the risks of buying Property in its “AS-IS” condition. The seller(s), auction company, real estate broker and their representatives makes no representation or warranty to Buyer/Winning Bidder, either express or implied, as to the condition of the property, the zoning of the property, or the suitability of the property for Buyer/Winning Bidder’s intended use or purpose or for any other use or purpose and makes no representation or warranty to Buyer/Winning Bidder, either express or implied as to any easements or deed restrictions, availability or location of utilities, availability of building, driveway, water or septic permits or any information provided by any third party regarding the auction property. Any information provided regarding the real estate/property is deemed to be reliable but is not guaranteed and should not be substituted for the Bidders/Buyers/Purchasers independent verification and investigation of the Real Estate/Property. The seller(s), auction company, real estate broker and their representatives disclaim any warranty or liability for information provided. Better Homes & Gardens First Realty Group and its representatives are the exclusive agents to the Seller. Call or Text Ryan Cate with questions or to schedule a showing of the property: 765-960-5708

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