Auction Terms & Conditions Auction Terms & Conditions: This is a live auction with online bidding on this property. Buyers are encouraged to come bid live at the auction, but do have the option to bid online if unable to attend. 10% Non Refundable earnest money in the form of certified check, cash or wire transfer to the closing atttorney's office, Attorney Greg Schieber of Nethercut Schieber PLLP, Harmony, MN paybable at the close of the auction. If the successful buyer is an online bidder, paperwork must be completed within 24 hours and funds must be provided by 9 AM Monday June 20th, with balance due at closing around August 1, 2022, or as soon as paperwork can be completed. Possession would be given at closing.
This property does sell "Subject to Approval" meaning the auction company will obtain Seller's Confirmation if they are willing to accept the high bid established at the close of the auction. If the seller does accept the bid, the successful bidder will be required to enter into a purchase agreement prepared by the closing attorney immediately following the close of the auction.
This auction is not contingent upon financing, meaning the successful bidder will have 10% ready to be delivered to the closing attorney's trust account via certified check, cash, or wire transfer with 24 hours of the auction closing (if not present at the auction) and will have the balance ready to go at closing. This sale is not subject to appraisal or inspection, property is being sold AS IS.
Property is being sold AS IS. The sellers have had the septic inspected and it results were that it was a non-compliant system. The sellers will install a compliant system prior to closing at their expense.
Buyer shall assume the outstanding CRP contract and shall be entitled to the 2022 CRP payment and all payments thereafter. Buyer shall also be solely responsible for any penalty incurred for failure to maintain the CRP according to the program requirements.
This is a live auction with online bidding as an option. Buyers are strongly encouraged to attend the auction and bid live in person as we can not guarantee the functioning of the online bidding at all times, and we will not be held responsible for any missed bids to technical issues.
Seller will convey the property by Deed at closing and Real Estate Taxes will be pro-rated.
Sweeney Auction Service & Sweeney Auction Realty Services are agents of the seller. Seller is represented Attorney Greg Schieber of Nethercut Schieber PLLP, Harmony, MN..
Auction Company reserves the right to decline or deny any bidders if they are unable to be verified or are unable to meet the terms & conditions.
Auction Company will notify registered bidders of any updated changes or corrections to the property as the auction progresses.
The property is being sold AS IS and no warranty or representation either expressed or implied concerning the property is being made by the Seller or Auction Company. Each potential bidder is responsible for conducting their own inspections, inquiries, investigations, and due diligence regarding the property. The information contained on this website is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company.
The auction company reserves the right to cancel, postpone or pause the auction if complications or circumstances out of our control occur, such as software or server malfunction. The auction company, seller or the software provider shall not be held responsible for a missed bid or the failure of the software to function properly.
By bidding on this property, you are agreeing to all these terms and signify you have read and understood them.
Seller User Terms
Bidder User Terms