Garvin, Oklahoma Cabin at Auction

United Country Oklahoma Land & Auction, LLC

 

Date(s) 10/31/2024 - 12/3/2024

Online-Only Real Estate Auction - 885 Sq Ft Cabin in Garvin, OK Bidding Ends: December 3, 2024, at 6 PM

Online-Only Auction
Bidding Notice:

This is an internet-only auction. All bidding activity will take place online. 11% Buyer's Premium will be added to your bid.

Auction Information
Name Garvin, Oklahoma Cabin at Auction
Auctioneer
Type Online-Only Auction
Date(s) 10/31/2024 - 12/3/2024
Auction Date/Time Info
Online-Only Real Estate Auction - 885 Sq Ft Cabin in Garvin, OK Bidding Ends: December 3, 2024, at 6 PM
Preview Date/Time Preview Dates: November 9th at Noon & November 17th at 1 PM
Checkout Date/Time ? A $5,000.00 Down payment must be paid by the successful bidder by direct wire transfer within 24 hours of acceptance of the auction contract by the Sellers payable to United Country – Oklahoma Land & Auction, Inc. The down payment deposit will be non-refundable; your bidding is not conditional upon financing, so be sure you are prepared to pay cash at closing or have arranged your financing prior to bidding. The balance of the purchase price including the buyer’s premium will be due via a wire transfer to the closing company, on delivery of insurable title on or before December 27, 2024. o A promissory note will be signed along with the down payment.
Location
Buyer Premium Online Only 11% Buyer's Premium
Description
Online-Only Real Estate Auction - 885 Sq Ft Cabin in Garvin, OK Bidding Ends: December 3, 2024, at 6 PM Preview Dates: November 9th at Noon & November 17th at 1 PM Property Location: 4981 Iron Stob Rd, Garvin, OK 74736 Property Details: 885 sq ft cozy cabin/home 3 bedrooms, 2 baths Includes storm shelter for added safety Sits on 1.58 acres, surrounded by nature Two storage sheds for added convenience Durable metal roof Electricity and water available This property offers a serene, rural lifestyle just a stone's throw from the Oklahoma-Texas border. Located on a gravel road, it’s a peaceful retreat, yet within a few miles of amenities and activities. Only 30 minutes from the popular Hochatown area and a 3-hour drive from the Dallas-Fort Worth metro area, making it a great getaway location. Important Note: The property is located in a flood zone but has not flooded in the 30 years the current owner has held it.
4981 Iron Stob Rd. | Garvin, OK 74736 ? The property will be sold at Public “Online Only” Auction Bid through Tuesday – December 3, 2024 at 6:00pm ? To be approved as a bidder a signed copy of the terms and conditions along with a signed bidder’s certification must be received and approved by the auction office. ? The property will be Sold Subject to Seller’s Confirmation. The seller reserves the right to reject any and all bids. ? Property sells as-Is with no warranties expressed or implied ? Property included in the sale is the real estate only, no mineral rights will be conveyed. ? The auction is Subject to prior sale (the property can be purchased prior to the end of the auction) ? The seller reserves the right to cancel the auction at any time prior to the final bid closing ? Buyers Premium o An 11% buyer’s premium will be added to the final bid and charged to the buyer, the final bid plus the 11% buyer’s premium will establish the final sales price. ? A $5,000.00 Down payment must be paid by the successful bidder by direct wire transfer within 24 hours of acceptance of the auction contract by the Sellers payable to United Country – Oklahoma Land & Auction, Inc. The down payment deposit will be non-refundable; your bidding is not conditional upon financing, so be sure you are prepared to pay cash at closing or have arranged your financing prior to bidding. The balance of the purchase price including the buyer’s premium will be due via a wire transfer to the closing company, on delivery of insurable title on or before December 27, 2024. o A promissory note will be signed along with the down payment. ? Final closing is NOT contingent upon financing. ? The property will be conveyed by a Warranty Deed ? Real Estate Taxes: the taxes will be prorated to the day of closing. ? Closing: Closing shall take place at the office of: Southern Abstract & Title, Idabel, OK o Closing fee will be paid by the buyer. o Closing will be held on or before 10:00am – December 27, 2024 ? Possession will be granted on day of final closing. ? The successful Bidder shall execute a “Real Estate Auction Sales Contract” for the property immediately after being declared the Successful Bidder by the Auctioneer. ? Each potential Bidder is responsible for conducting at their own risk, their own independent inspections, investigations, and due diligence concerning the property. o Further; Property sells as-is with no warranties expressed or implied ? United Country Oklahoma Land & Auction and their representatives are exclusive agents of the Seller. ? Seller: Ritchie ? All announcements made up to the final close of the Auction bidding take precedence over all advertising, oral or printed material. ? All marketing information and Bidder Packet materials were gathered from reliable sources and are believed to be correct as of the date they were published; however, the seller or auctioneers have not independently verified this information. Auction plats and drawings are not to be relied on and are for representation purposes only. Its accuracy is not warranted in any way. There is no obligation on the part of the sellers or auctioneer to update this information. SALE SITE: Online Only – OKLandandAuction.com VIEWING INSTRUCTIONS: Preview: November 9th at 12 pm or November 17th at 1 pm – contact Blaken Strawn – 580.245.9595 The viewing of the property will be at the viewer’s own risk the Seller, neither Auctioneer nor the Listing Agency be held responsible for accidents. For questions call United Country – Oklahoma Land & Auction (405) 377-1818 office.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 49,999.00 25,000.00 USD
49,999.01 - 74,999.00 5,000.00 USD
74,999.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium Online Only 11% Buyer's Premium
Payment Terms
? A $5,000.00 Down payment must be paid by the successful bidder by direct wire transfer within 24 hours of acceptance of the auction contract by the Sellers payable to United Country – Oklahoma Land & Auction, Inc. The down payment deposit will be non-refundable; your bidding is not conditional upon financing, so be sure you are prepared to pay cash at closing or have arranged your financing prior to bidding. The balance of the purchase price including the buyer’s premium will be due via a wire transfer to the closing company, on delivery of insurable title on or before December 27, 2024. o A promissory note will be signed along with the down payment.
? A $5,000.00 Down payment must be paid by the successful bidder by direct wire transfer within 24 hours of acceptance of the auction contract by the Sellers payable to United Country – Oklahoma Land & Auction, Inc. The down payment deposit will be non-refundable; your bidding is not conditional upon financing, so be sure you are prepared to pay cash at closing or have arranged your financing prior to bidding. The balance of the purchase price including the buyer’s premium will be due via a wire transfer to the closing company, on delivery of insurable title on or before December 27, 2024. o A promissory note will be signed along with the down payment.