Name 20 Acres Sell at Online Bidding Only Sale
Auctioneer Jones Auction & Realty
Type Online-Only Auction
Date(s) 9/6/2017 - 10/9/2017
Bidding is open and closes Monday, October 9, 2017, 3:00 p.m. (CT)
Preview Date/Time Call listing broker, Stan Jones, at (920) 261-6820 for more details.
Checkout Date/Time Closing 30-45 days of end of sale.
Location Online Bidding Only Section 33, S. Main Street
Reeseville, WI 53579
Buyer Premium 10% BP
Description
20(mol) acres in Reeseville, WI are available and will sell at online bidding only sale. Offering 17(mol) acres that are tillable, 3 wetland acres and a one-half acre parcel. The 17 acres and one-half acre parcels offer development potential per the Village of Reeseville approval. Property sells in its entirety. Primarily level topography, some wetland. Horses allowed, rural location. Raw land, zoned agricultural and residential. Electricity, phone and gas utilities available at street. Property sale does not include the 2017 crops currently on the acreage. Buyer must participate in a 1031 exchange. Starting bid of $5,000-bidding requirements apply. A letter from your bank or financial institution confirming you have sufficient funds available to you to close the transaction is required to be on file at our Unified Jones Auction & Realty office prior to bidding approval. This is a 10% buyers fee auction, high bid plus the buyers fee equals the total purchase price offered. Property sells As Is, Where Is, No Contingencies or Exceptions. Seller retains the right to accept, reject, counter any offer. All auction terms apply and become part of any offer. $5,000 earnest money due upon accepted Sales Contract. Closing within 30-45 days of end of auction.
Auction Terms & Conditions This is 10% Buyers Fee sale. Successful high bid plus the 10% equals the total price offered. $5,000 required as earnest money upon acceptance of the Sales Contract. Closing within 30-45 days of the sale. Property sells As Is, Where Is, No Contingencies, No Exceptions. $5,000 Starting bid. Seller retains the right to accept, reject or counter any offer. Seller will not accept any offer with inspection contingency-all inspections must be done prior to bidding and prior to any written offers. Sellers retain the right to accept, reject or counter any offer. ALL AUCTION TERMS & CONDITIONS Apply and Become Part of Any Offer Bidding Requirements Apply: Prior to being approved to bid, a letter from your bank or financial institution confirming you have sufficient funds available to you to close the deal is required to be on file at our Unified Jones Auction & Realty office, 818 North Church St, Watertown, WI. A Bank Letter Confirmation of Funds Availability down-loadable template available at this site. Your letter may be faxed to (920) 261-6830; emailed to info@jonesauctionservice.com; or mailed or dropped off at our 818 North Church Street, Watertown, WI office during normal business hours 9-5, Monday-Friday. Please do not hesitate to call us with questions; (920) 261-6820 1. Online Only Sale: Bid online Wednesday, September 6, 2017 with bidding ending on Monday, October 9, 2017; 3:00 p.m. (CT) Approval to bid at this sale is subject to Unified Jones Auction & Realty receiving a letter from your bank or financial institution confirming you have sufficient funds available to close the transaction per the Bidding Requirements listed above. Confirmation may be faxed to (920) 261-6830 or emailed to info@jonesauctionservice.com This property sells As Is, Where Is, No Contingencies or Exceptions. Seller reserves the right to Accept, Reject or Counter offers. All auction terms and conditions apply and become part of any offer. 2. This is a 10% buyers fee sale. Successful high bid plus buyers fee equals the total price offered. Successful high bidder is required to pay $5,000 as earnest money upon acceptance of the Sales Contract. Upon accepted offer, all earnest money becomes non- refundable. Closing 30-45 days of the end of the sale. Property sells As Is, Where Is, No Contingencies or Exceptions. 3. Bidding is not contingent on financing. Qualification for financing must be approved prior to approval for bidding and prior to the sale. You are responsible for cash at closing within 30-45 days of the end of the sale. Possession shall be given at closing. 4. Winning bidder is contractually bound and will enter into a Contract to Purchase immediately upon being declared the successful bidder by the auctioneer. Upon the close of the sale the winning bidder will be forwarded via email a Contract to Purchase. A signed copy of the contract must be returned to Unified Jones Auction & Realty by end of business or 5:00 P.M. (CT), Monday, October 09, 2017. Contract to Purchase may be hand delivered, faxed, or scanned and emailed. In the event the buyer refuses to sign the Contract to Purchase and tender the earnest money deposit the auctioneer may resell the property. The original buyer shall be responsible for any damages and expenses for resale and collection, including reasonable attorney’s fees. The only condition under which the earnest money and prepaid closing shall be refunded is if the seller fails to confirm or accept the bid or is unable to deliver clear title. If buyer refuses for any reason to close, the earnest money and prepaid fees will be forfeited. All earnest money, less incurred expenses, will be given to the seller. Upon acceptance of Contract to Purchase by both parties, earnest money becomes non-refundable. 5. The sale will be subject to existing zoning, ordinances, roads, restrictions of record and easements of record. Real Estate taxes for the year of closing will be prorated to the date of closing. Seller will provide and arrange for all title evidence. All contracts will be prepared by the listing broker to be entered into the date of the sale. Seller will convey title by warranty deed free and clear of all liens and encumbrances. Any zoning or use permits, if needed, will be at the buyer’s expense. Seller reserves the right to accept, reject or counter any offer. 6. Unified Jones Auction & Realty has been contracted as an agent of the seller to offer this property As Is, Where Is with no warranties to buildings, wells or septic systems. Requirements to meet DILHRs energy code are the responsibility of the buyer. 7. This information is from sources deemed reliable but no warranty or representation is made to its accuracy. Any information on this sale is subject to verification and no liability for errors, omissions or changes are assumed by Unified Jones Auction & Realty as an agent of the seller or the seller. 8. Under no circumstances shall bidder have any kind of claim against Unified Jones Auction & Realty as an agent of the seller, seller, or anyone else if the internet service fails to work correctly. 9. This property sells As Is, Where Is condition without warranty of any kind, expressed or implied, No Exceptions Whatsoever. Buyers should verify all information to their satisfaction. Make all inspections and financing arrangements prior to the end of bidding. Buyer acknowledges and agrees that Seller has not made and is not making any representation statement, or warranty to Buyer about the Property, including, but not limited to, physical aspects and condition of any portion of the Property, including personal property included in this transaction, if any, condition of soil, feasibility, desirability, suitability, fitness or adaptability of any part of Property, including personal property included in this transaction, if any, for any particular use, availability of any utility service, assessments, fees or charges that may be assessed against the Property, value of Property or projected income and expenses, or any other matter. Buyer is purchasing Property in an As Is and Where Is condition and acknowledges that Buyer must rely solely on Buyers own investigation of Property. All prior negotiations and discussions have been merged into this Offer to Purchase. Buyer acknowledges and agrees that Buyer has not and will not rely on any representation or statement made by Seller and waives any and all claims against Seller or its agents for any misrepresentation, negligence, fraudulent advertising under section 100.18 of the Wisconsin Statutes, or breach of warranty. 10. All buyers must acknowledge and accept the Terms and Conditions provided at the time of online registration. Bank Letter of Guarantee/Validation of Funds required for bidding approval. 11. Buyer acknowledges that Seller has given Buyer adequate time and opportunity to inspect the Property and Buyer has either already exercised this opportunity to inspect to the extent that Buyer deems appropriate or knowingly agreed to waive such opportunity. 12. Auctioneer is licensed by the Wisconsin Department of Licensing & Regulation. 13. This property is offered for sale to qualified purchasers without regard to perspective purchasers race, color, sex, marital status, religion or national origin. PAYMENT INSTRUCTIONS Winning bidder is contractually bound and will enter into Contract to Purchase immediately upon being declared successful bidder by the auctioneer. Upon the close of the sale the winning bidder will be forwarded a Contract to Purchase via email or fax. The signed copy must be returned to Unified Jones Auction & Realty before end of business or 5:00 P.M. (Central Time), Monday, October 9, 2017. The Contract to Purchase may be hand delivered, faxed, or scanned and emailed. $5,000 as earnest money due upon acceptance of the Sales Contract to be paid with a cashiers check or approved personal check with Bank Letter. Bidding is not contingent upon financing. All financing arrangements must be made prior to the end of the bidding. Upon accepted offer all earnest money becomes nonrefundable. Seller: ___________________________________________Date: _______________ Buyer: ___________________________________________ Date: _______________ Broker: __________________________________________ Date: _______________ --------------------------------------------------------------------------------------- Sebae Data Solutions, Inc. SERVICE TERMS AND CONDITIONS ACCEPTANCE OF TERMS Sebae Data Solutions, (the makers of Auction Flex & HiBid (formerly Bidopia) hereafter referred to as "Sebae"), provides its service to you, subject to the following Terms & Conditions ("TAC"), which we may update from time to time without notice to you. The most current version of the TAC can be found found at any time by visiting the link: http://www.auctionflex.com/showtandc.ap USE AND REGISTRATION Our services are available only to, and may only be used by individuals who can form legally binding contracts under applicable law. Without limiting the foregoing, our services are not available to children (persons under the age of 18) or to temporarily or indefinitely suspended members. If you are under the age of 18, you can use this service only in conjunction with, and under the supervision of your parents or guardians. If you do not qualify, please do not use our service. If you are registering as a business entity, you represent that you have the authority to bind the entity to the TAC. REGISTRATION OBLIGATIONS In consideration of your use of the Service, you agree to: (a) provide true, accurate, current and complete information about yourself as prompted by the Service's registration form (such information being the "Bidder Information") and (b) maintain and promptly update the Registration Data to keep it true, accurate, current and complete. 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The HWS provides various features including internet absentee bidding, internet-only auctions, and webcast auctions.  The HWS is able to changes its appearance to coincide with the website that it is powering. Accordingly, the HWS powers the www.hibid.com website as well as numerous Auction Flex customer websites. This ability to change appearance is a feature of the HWS. Much like internet merchant account providers can host a secure web page for a vendor to easily process payments, the HWS hosts certain portions of the auctioneer's website to easily enable advanced features such as internet bidding.  INTERNET ABSENTEE BIDDING Internet absentee bidding allows you to place a bid for an item in advance of an auction. This allows you to place bids on lots without actually attending the auction. INTERNET-ONLY AUCTIONS Internet only bidding allows you to place a bid for an item prior to the auction lot closing online. In an internet-only auction there is no live auction. 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Prior to approval the auctioneer may contact you to determine your credit worthiness. If the auctioneer approves your bid, the auctioneer will then process your bid in accordance with their terms and conditions. Should your bid for a lot prove successful, the auctioneer may contact you to arrange for payment & shipping (if applicable). If the auctioneer required registration via a credit card, the auctioneer reserves the right to process your winning bids to the credit card provided during registration. Sebae, through the Auction Flex & HiBid products & services, facilitates the internet bidding process between the Auctioneer & the bidder. Sebae is in no way a party to the transaction. Because Sebae is not a party to the transaction, you accept that you will have no claim or cause of action against Sebae in respect of the sale (or non-sale) of any Lot. 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Sebae makes no warranties or representation of any kind or nature with respect to Lots (including but not limited to representations or warranties as to the accuracy of description, genuineness, quality, authorship, attribution, provenance, period, culture, source, origin or safety). If you have any questions, e-mail the Auctioneer directly. In particular, make sure that you understand the Auctioneer's payment terms and shipping terms. BIDDING The Service requires you to login with your username and password prior to placing a bid on a Lot. Making bids with false information or with stolen credit card information is prohibited and illegal. Your user name and password are required in order to place internet bids. Making bids in a false name or with an invalid or stolen credit card is prohibited. 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Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 200,000.00 1,000.00 USD
200,000.01 - 9,999,999.99 2,000.00 USD
Currency USD
Buyer Premium 10% BP
Payment Terms
Winning bidder is contractually bound and will enter into a Contract to Purchase immediately upon being declared the successful bidder. Complete details found under Terms and Conditions.