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ONLINE AUCTION :
No contingency on the contract of sale is allowed due to open bidding via the online auction.
High Bid + 10% buyer fee = purchase price
The property is sold free and clear to the buyer the day of closing.
NOTICE: The property is being sold "AS-IS" condition. No survey. NO RESERVE.
Seller will provide clear title to any real estate sale and pay customary closing costs to complete the transaction. Some fee may be charged to buyer for recording the deed and closing the deal.
Please inspect the property prior to bidding. High Bidder will be obligated to sign a offer to purchase within 24 hours of end of auction. YOU ARE LEGALLY BOUND TO YOUR BID. Earnest money of $2500 to be put down as non refundable earnest money the day of signing the offer to purchase. The title company will be charging a buyer closing cost.
***Non Refundable Earnest money of $2500.00 must be paid with the signing of the offer to purchase.
*** Buyers bidding on the property ... NOTICE: 10% BUYER FEE WILL BE added to final bid to determine the purchase price!
BUYER AGENT CO-BROKE INFO*** SELLER WILL NOT PAY ANY CO-BROKE COMPENSATION.
*** If you are an agent, you must represent a buyer under a buyer agency agreement only and all additional fee's for your agency to be paid by buyer outside the closing of this property. Our firm will draw all contracts with buyer and seller. The buyer agent will be given all documents for the buyer to sign and submit back to our firm.
**Buyer will agree to in the offer to purchase a Non Refundable Earnest money Payment. The payment Must be made out to Thiel Real Estate Trust Account with a good check, No credit card will be held on file. Please call our office with any questions. You are legally bound to complete this transaction if bidding on this property per buyer agreement when registering. Earnest money will pay the auction firm first before going to any other party in the transaction.
The offer to purchase with no contingencies to be signed by buyer within 24 hours after the close of the auciton.
If bidding in the final 2 minutes of this sale the timer will add an additional 2 minutes. This will keep occuring if any bids are entered in the final minute as well.
***** Seller has the right to accept or reject any or all offers unless this auction is deemed ABSOLUTE. Please refresh your browser to keep updated on current bid.
Any technical issues will be handled by the Auction firm as they see fit and may extend bidding on all items.
If you have a problem bidding, please call 920-374-0501.
This auction features an auto bid extend. Auction end times: Online Auctions are timed events and all bidding will close at specified times. Online Auctions also have an auto extend feature. When a bid is placed in the final 2 minutes of bidding the auction bidding will automatically be extended 2 minutes from the time the bid was placed. ie: If an auction is scheduled to close at noon, receives a bid at 11:59 the close time will automatically extend two minutes. The auto extend feature remains active until no further bids are received within a 2 minute time frame.
Call our office with any questions before the auction closes. (920)-849-2222
Personal Property Auctions and Online Real Estate Auctions:
Buyer is responsible for all packing & shipping fees. * All items sold "AS IS, WHERE IS" with all faults. * No implied or express warranties. * All descriptions believed accurate but not waranteed. * Bidder inspection is encouraged. * By placing a bid, bidder signifies that they have examined the items to their satisfaction, or that they have chosen not to personally examine them.
* Thiel and Thiel Auciton Service or Thiel Real Estate reserves the right to reject any bid at our sole discretion. Employees of Thiel and Thiel Auction Service may bid on items on this auction per contract with seller, and pay all standard buyer fee's for personal property or Real Estate Auctions.
* In the event of failure of the online bidding system or other technical failure, we reserves the right to cancel, extend and/or reopen the auction. The bidder contract entered into between the bidder who name is registered to this account and Thiel and Thiel Auction Service. Bidder and auctioneers agree that the terms listed below shall govern this auction. 1. Full payment shall be made before any items leave the premises. 2. Terms of auction: Unless auction is announced as absolute the auctioneer/auction firm has the right to reject any and all bids. The auctioneers/auction firm further has the right to bid on behalf of the buyer, the seller, or on their behalf. Auctioneer/auction firm reserves the right to divide any lot, to combine any two or more lots, or withdraw any lot or lots from the auction. Payment for purchases must be made according to terms of each particular auction. A Buyers fee will be added to bid price to arrive at the sale price. Any sales tax would be figured on this final sale price. All sales are subject to State Sales Tax Laws. Bidder agrees not to stop or change payment and is responsible for any expenses due to collection of Payment.
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