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Terms
Terms

Terms

Lot Closed

This item is in coldwater, MI

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Overview of Terms

Item Details

LAND AUCTION TERMS & CONDITIONS

REAL ESTATE SELLS SUBJECT TO SELLER CONFIRMATION: There will be open bidding on all tracts and combinations during the auction as determined by th auctioneer. The property will be sold in the manner resulting in the highest total sale price.

DOWN PAYMENTS: An Ernest Deposit in the amount of $10,000.00 each on Tracts #1 through #5 and $5,000.00 each on Tracts #6 and #7. Deposits may be in the Form of a check, money order, cashier?s check or cash. Ernest Deposit will be due at the close of the Auction.

YOUR BIDDING AND BUYING: is not contingent on your financing, so have your financing pre-arranged. Deposit is non-refundable and will be forfeited if buyer does not perform.

ACCEPTANCE OF BID PRICES: All successful Bidders will be required to enter into purchase agreements at the close of the Auction.

DEED & TITLE INSURANCE: Seller will provide Title Insurance and Warranty Deed containing the following language. This property may be located within the vicinity of Farm Land or a Farm operation, generally accepted Agriculture and Management practices which may generate noise, dust, odors and other associated conditions may be used and are protected by the Michigan right to Farm Act.

SURVEYS: A survey is not required to transfer ownership of any of these tracts. In the Event Buyer Requests a Survey. Buyer shall pay the cost of their survey.

PA 116: Land is currently enrolled in PA 116. Purchasers shall buy with full knowledge of such, and assume existing PA 116 Contract.

LEGAL DESCRIPTION & ABSENCE OF WARRANTIES: Dimensions, boundaries & acreage are all approximate and are an estimation based on current legal descriptions. Aerial photos, etc. Any maps used in this brochure to show boundaries are not a guarantee of exact property lines. All maps in the brochure are a guideline to assist the prospective purchaser in locating the Tract being offered. Each Tract is being sold by the gross dollar (Not by the Acre) no adjustments will be made in the purchase price if an actual survey reveals acreage different than estimated in any printed matter concerning the Auction. All Tracts sell as-is where-is with no warranties expressed or implied as to the merchantability, usability fitness for a particular purpose, or any matter of what so ever type or nature, by the seller and/or Brian Hasty Auction Company and HainesSold.com

ANNOUNCEMENTS MADE SALE DAY: will take precedence over any printed matter and/or verbal statements. Information used in this brochure and other printed matter pertaining to this Auction has been obtained from sources deemed reliable, but the seller and/or Brian Hasty Auction Company make no guarantees as to its accuracy. Conduct of the Auction and Bid increments are at the direction and discretion of the Auctioneer.

AGENCY: BRIAN HASTY AUCTION COMPANY AND OR HAINESSOLD.COM AUCTIONEER and its representatives are exclusive agents of the seller.

TAXES: Real Estate Taxes are pro-rated to closure.

ALGANSEE TOWNSHIP: is a Zoned Township. Buyers shall rely entirely on their own inspections, information, judgment and investigation of the property and its records.

MINERAL RIGHTS: seller to convey 100% of oil and mineral rights owned by seller.

CLOSING: The balance of purchase price is due at closing which will take place approximately on or before 45 days after Auction sale date or soon thereafter as applicable closing documents are completed.

POSSESSION: Possession at closure.

 

Payment

Participation Requirements: Valid Credit Card required for bidding approval INTERNET PREMIUM 1% Payment Options: Visa, MasterCard, Discover, and Wire Transfer Visa MasterCard Discover Online buyers will be notified of wiring instructions immediately following the auction. Complete payment is due by wire transfer within 24 hours. Full settlement must be made prior to removing the equipment from the auction site. If payment is made with Credit Card there will be an additional 3% administrative fee charged. Contact the auction company for payment instructions.
Wire TransferCash

Auction Details

Wayne and Dolores Collins Trust land Auction331 butters Ave, coldwater, MI, 49036Thursday, Jan 13, 2022 | 3:00 PM CST

Terms Of Sale

Terms: Payment in full day of auction by cash or approved check. I.D. required. Everything sells "as is" condition - no warranties. Not responsible for accidents. Personal or company checks will be accepted if accompanied by a letter of guarantee from your bank OR if prior good credit is established with the auction company. Immediate possession of the property given upon full and complete settlement. Everything sells in “as is” conditions – no warranties - all sales are final. Inspection: The property is available for public inspection. It is the bidder's responsibility to determine condition, age, genuineness, value and other attributes of the property. Brian Hasty Auction Company may attempt to describe the merchandise in advertising, on the internet and at the auction, but makes no representation. In no event shall Brian Hasty Auction Company be held responsible for having made or implied any assurance of merchantability or fitness for a particular purpose. Bidders shall be the sole judge of value. Bidders who bid from off-site and are not present at the live auction understand and acknowledge that they may not be able to inspect an item as well as if they examined it in person. Brian Hasty Auction Company shall not be responsible for any errors and omissions in the description of the items. Bidder agrees that everything is sold in "as is" condition and that they may not return items they purchased. Brian Hasty Auction Company is providing internet pre-auction and live bidding as a service to bidders. Bidders acknowledge and understand that this service may or may not function correctly the day of the auction. Under no circumstances shall a bidder have any claim against Brian Hasty Auction Company or anyone else if the internet service fails to operate correctly before or during the live auction. Brian Hasty Auction Company will not be responsible for any missed bids from any source. Internet bidders who desire to make certain their bids are acknowledged should use the Proxibid-bidding feature allowing them to leave their maximum bid 24 hours before the auction begins. Brian Hasty Auction Company reserves the right to withdraw or re-catalog items in an auction.
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