Upcoming Auctions

Summary of Terms of Sale: A deposit in the form of cash, cashier's check or certified check for $75,000 is due at the time and place of sale. Settlement is 60 days from the sale date. The difference to bring the deposit up to 10% of the total purchase price is due Monday, February 27th, 2012 by 4pm in the auctioneer's office.  The purchaser may elect to extend settlement an additional 30 days beyond the initial 60 day period by increasing the deposit to 15% of the total purchase price. The purchaser must opt to extend the settlement within the initial 60 day settlement period.  If payment of the balance of the purchase price is not paid within the specified period, the deposit will be forfeited and the property may be resold at the risk and expense of the defaulting purchaser. All income and expenses, including real estate taxes, sanitary and/or metropolitan district charges, special assessment and private utility charges are to be adjusted to date of settlement and assumed thereafter by the purchaser. Cost of all documentary stamps, settlement costs and transfer taxes to be paid by the purchaser. The property will be sold in "As is" condition without express or implied warranty as to the nature and description of the improvements. The property will be sold subject to easements, agreements, restrictions or covenants of record affecting the same, if any. Dimensions and acreage are more or less. Time is of the essence as to the terms of this contract.