432 E. Main St Reedsburg - Real Estate Auction | Live and Online Auctions on HiBid.com

Looking for a project with great potential? This two-bedroom bungalow, located in the heart of downtown Reedsburg, offers the perfect opportunity for investors, DIY enthusiasts, or those looking to make their mark on a property. Terms: 1. Successful bidder will sign a standard Offer to Purchase form within 24 hours of the close of the auction. Offer will be a cash offer with no contingencies of any kind. 2. Earnest money shall be $5,000 and will be collected within 24 hours of the close of the auction. If the high bid is accepted, the earnest money will be applied toward the purchase price. If the bid is not accepted, the earnest money will be returned to the buyer. 3. The offer is subject to approval of the owner, who will have until January 10, 2025, to either accept, reject, or counter today's high bid. 4. This offer may not be rescinded prior to Midnight of January 10, 2025. 5. In the event of a counter-offer, today's high bidder will be given the first opportunity to accept any counter offer. 6. The buyer is purchasing the property in its "AS IS" condition with all its faults. No warranties are made as to the electrical systems, mechanical systems, structural soundness, well and septic systems (if any), or any other aspects regarding the property. Buyers shall rely entirely on their own inspections of the property and the records. 7. A Real Estate Condition Report has been provided, however the buyer is purchasing the property in its "AS IS" condition. 8. If the offer is accepted, closing will take place on or before January 31, 2025. 9. Real estate taxes will be prorated at the time of closing based on the 2024 taxes. 10. Any personal property left at the time of closing is being left at the convenience of the seller and is considered to have no monetary value.