Lot # : 40 - Montana Real Estate -40 AC-May Day Gold Property

Online Only Auction
Montana Real Estate -40 AC-May Day Gold Property
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Time Remaining: Bidding opens in 19d 16h 34m -
Soft Close
Shipping Not Available
HUNTSVILLE, UT 84317
Date(s)
2/1/2025 - 3/31/2025
AUCTIONEER INFORMATION
Catalog
Technical Property Report
Geological Report Jefferson County
Google Maps Property Location
Bidding Notice:

Properties are sold as is, where is. Buyer to verify all information. It is recommended that perspective buyers conduct their due diligence including in person visit to the properties. Properties are all sold free and clear of all liens and encumbrances. 6% Buyer's Premium on final hammer price $649 Documentation fee for transfer and recording. Fee includes up to 2 owners or one business on ... Show More

Auction Notice:

Earnest Money deposit of $5000 due at auction close. Request for earnest money deposit will be sent to email address of winning bidder within 24 hours of auction close. Earnest deposit will not be refunded if payment is not received. Full payment due within 5 business days. Payment for Property balance must be made by guaranteed funds. Wire Transfer, Cashiers Check, Cash. Payment in full is ... Show More

Information
Lot # 40
Group - Category Real Estate - Ag / Farm Land
Lead Montana Real Estate -40 AC-May Day Gold Property
Description
Terra Firma Auction Services is a third party auction service acting as a foreclosure agent for the seller. The seller has agreed to offer the following property foreclosure at NO RESERVE. Legal Description: Saul Gold Mine Property - MRO - 20 acres Serial: MT105260018, MT105260020 Jefferson County, Montana SEC 30, T8N, R2W, Montana Principal Meridian. 100% MRO Surveyed upon foreclosure in 2022. Appraised value of $849,000 It is recommended that perspective buyers conduct their due diligence, including in person visit to the properties. Real property, being sold unencumbered with no liens or back taxes. Fee simple transfer. If you are unclear on any aspects of ownership of real property, MRO, SRO or purchase thereof, it is recommended that you seek legal advice before registering or bidding. Properties are sold as is, where is. No other warranties or representations. 10% Buyer's Premium $695 Documentation/Closing fee. Warranty Deed Available for $1795 The Mayday is a 40 acre property located in the Clancy, or Clancy-Lump, or Clancy-Alhambra district of Jefferson County in Montana. The mines are located in an area noted for rich deposits of lode and placer gold. The region reported over 330,000 oz of gold prior to 1940. The excavated material at the site is a mix of auriferous pyrites with iron and galena on host rock. There is some visible flake gold in the dump material at the open adit and the old shaft. The property should be viewed as primarily a gold deposit. Historic accounts report that there was high value in the gold and silver veins. These veins from the Fleming and the White Pine mines were thought to have run down through the valley. The Fleming mine was still recovering an average of 4 oz. per ton in gold when it was shut down in 1941 due to the War Act. Technical Report available in links. Survey Documented and Verified: 96,793 tons Dump Material 41,245 oz Gold 178,409 oz. Silver Assay values from trace to 1.01 oz AU/T. from surface samples County Road Access is via high clearance 4WD. Absolute sale of real property. Please view all terms and condition of the auction and be prepared to abide.
Name 2025 1st QTR Land Foreclosure Auction-MT/CA/CO/AZ/NV/NM
Auctioneer
Terra Firma Auction Services
Type Online-Only Auction
Date(s) 2/1/2025 - 3/31/2025
Auction Date/Time Info
Auction will Start Saturday, February 1st, 2025 at 9:00am (MST). Auction will end on Monday, March 31st, 2025 starting at 12:00PM (MST). Each lot will soft close.
Preview Date/Time Perspective Bidders/Buyers may visit properties by appointment from 02/01/2025 until 03/30/2024. Seller is not responsible for access, weather or other impediments.
Checkout Date/Time Earnest Money deposit of $5000 per lot is due within 24 hours of auction close. Request for payment will be sent to the winning bidders email on file. Failure to meet this deposit will result in forfeiture of bid and item will be offered to next high bidder. Full payment due within 5 business days from the end of the auction. By Monday, April 7th, 2025 at 4:00PM MST.
Location
7355 South 200 East
HUNTSVILLE, UT 84317
Buyer Premium 10% buyers premium on hammer price.
Description
TERRA FIRMA AUCTIONS has been contracted to liquidate foreclosed assets for its clients. We strive to provide all relevant information and details about these foreclosed properties. We can NOT provide LEGAL or INVESTMENT advice. This auction provides a large group of unique properties across the wester states. Homes and land that has been foreclosed on and now offered at NO RESERVE. Properties are located in California, Nevada, Oregon, Montana, Colorado, Arizona and New Mexico. We offer quick turn around on deeds and documentation. Most closings are processed and titled to the new owner in less than thirty (30) days. All properties have been professionally surveyed and sold with clear title. No back-taxes, No liens or other encumbrances. Properties are sold FEE SIMPLE ABSOLUTE. Please review all descriptions and legal information on each lot. All items are sold as is, where is, with no guarantee or warranties. 10% Buyer's Premium on final hammer price. $649 Closing/Documentation fee for transfer and recording. Fee includes up to 2 owners or one business on title. Additional owners may incur additional fees. 100% ownership interest is transferred via Quit Claim Deed. Warranty deeds are available for $1795 per property. Full Ownership of property transfer with no caveats or restrictions. It is recommended that perspective buyers conduct their due diligence prior to any bidding, including "in person" visit to the properties. Map links to property is included in auction links for each property. If you are unfamiliar with real estate transactions, real estate terms or any aspect of sale, It is recommended that you SEEK LEGAL ADVICE before registering or BIDDING. Properties are sold AS IS, WHERE IS. No other warranties or representations.
Bidder agrees to comply with these Terms & Conditions defined below as a prerequisite for Auctioneer's acceptance of the Bidder's Registration and Bid Card ID. Bidders with negative scores and unpaid auctions will be removed. The total amount due will be the final 'hammer' price plus the buyer premium (10%). There is also a $649 documentation/closing fee per auction lot. Bidders are encouraged to conduct due diligence on all purchases and to seek legal advice regarding the purchase of these and any properties. Bidders are encouraged to conduct site visits to see properties in person prior to placing any bids. PAYMENT: CASH SALE - All payments in GUARANTEED funds only. Real property transfer, we cannot accept Credit Cards, Venmo or PayPal for Real Property. CASH, WIRE TRANSFER or CERTIFIED BANK CHECK ONLY. FULL Payment is DUE within FIVE(5) business days of Auction Closing. No Exceptions. If you cannot meet this requirement please do not bid. All Title Closings and Recordings are executed by our staff in house. Deeds in less than 30 days in most cases. An Earnest money deposit is required for each lot at closing. This earnest deposit may be paid with Credit Card and is $5000 per property. Email statement with payment instructions will be sent to winning bidder for the earnest money deposit and must be paid within 24 hours of auction close. Earnest money deposit is NOT refundable. If bidder fails to submit balance due within 5 business days the earnest deposit is forfeit with no refunds or credits. The Earnest Money deposit will be accompanied by a non-contingent Purchase Agreement. Any bids or earnest money deposits are considered acceptance of aforementioned Purchase Agreement. 100% interest and ownership of the properties will be transferred to the winning bidder upon receipt of payment. This is FEE SIMPLE, ABSOLUTE INTEREST transfer. Free and clear title shall be given by a standard quit claim deed free and clear of any encumbrances and liens. Warranty deed is available for $1795 on any property. TERMS and FEES: High bidder will receive the deed(s) to the property upon full payment of auction, subject to clearing of funds. A 10% buyer premium will be applied to the hammer price. A $649 Documentation fee is added to each lot sold. Clear and unencumbered title of ownership will be transferred by Quit Claim Deed. Warranty Deed is available for an additional $1795.00. By registering and bidding on this auction, the bidder agrees to receive text messages and email, that are directly related to Terra Firma Auctions. We do not sell any information. Your information will be kept confidential. CONDITION AND DILIGENCE: All properties are sold in "AS-IS" condition with all faults and defects and without warranty or guarantee of any sort. If you are unfamiliar with real estate transactions, real estate terms or any aspect of sale, It is recommended that you SEEK LEGAL ADVICE before registering or BIDDING. Prior to bidding, each bidder is advised and responsible to conduct an independent due diligence to ascertain characteristics, attributes and condition of the property. Failure to conduct diligence activities shall not constitute a waiver of any sort. TRANSFER OF OWNERSHIP. Conveyance of properties is completed by the Terra Firma Closing staff via registered and recorded Quit Claim Deed. By registering for auction, Bidder authorizes Auctioneer to act as Bidder’s agent to complete any closing documents, or any corrective documents thereafter. For each Lot, Bidder must specify the Deed Transfer Information. Should the Bidder fail to specify Deed Information within 10 business days after payment of balance, Bidder authorizes Auctioneer to convey each Lot using the Bidder’s name and address as registered in the auction.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 1,000,000.00 10.00 USD
Currency USD
Buyer Premium 10% buyers premium on hammer price.
Payment Terms
CASH SALE - All payments in GUARANTEED funds only. Real property transfer, we cannot accept Credit Cards, Venmo or PayPal for Real Property. CASH, WIRE TRANSFER or CERTIFIED BANK CHECK ONLY. Invoices must be paid by guaranteed funds (Wire Transfer, Certified Bank Check, Cash). FULL Payment is DUE within FIVE(5) business days of Auction Closing. No Exceptions. If you cannot meet this requirement please do not bid. All Title Closings and Recordings are executed by our staff in house. Deeds in less than 30 days in most cases. An Earnest money deposit is required for each lot at closing. This earnest deposit may be paid with Credit Card and is $5000 per property. Email statement with payment instructions will be sent to winning bidder for the earnest money deposit and must be paid within 24 hours of auction close. Earnest money deposit is NOT refundable. If bidder fails to submit balance due within 5 business days the earnest deposit is forfeit with no refunds or credits given. The Earnest Money deposit will be accompanied by a non-contingent Purchase Agreement. Any bids or earnest money deposits are considered acceptance of aforementioned Purchase Agreement. All Title Documents are executed by our staff in house. Deeds in less than 30 days in most cases. This auction is for real property and no credit cards are accepted for payment above and beyond the earnest deposit. 100% interest and ownership of the properties will be transferred to the winning bidder. This is fee simple, absolute transfer. Free and clear title shall be given by a standard quit claim deed free and clear of any back taxes, encumbrances or liens. Warranty deed is available for $1795.00 per property
Auction Company will process all closings and deed preparation. In most cases deeds can be processed in less than 30 days. For each Lot, Bidder must specify the Deed Transfer Information. Should the Bidder fail to specify Deed Information within 10 business days after payment of balance, Bidder authorizes Auctioneer to convey each Lot using the Bidder’s name and address as registered in the auction. Deed will be executed same business day that full payment is received. It is the bidders responsibility to verify that all information is validated.