Des Moines County Engineer Outbuildings Ring 1

Midwest Exchange

 

Date(s) 8/18/2022 - 8/25/2022

Online auction bidding starts @ 5pm August 18, 2022 and ends August 25, 2022 @ 4pm CST

Past Auction
Online-Only Auction
Shipping Not Available
Bidding Notice:

Online bidding only for this auction

Auction Information
Name Des Moines County Engineer Outbuildings Ring 1
Auctioneer
Type Online-Only Auction
Date(s) 8/18/2022 - 8/25/2022
Auction Date/Time Info
Online auction bidding starts @ 5pm August 18, 2022 and ends August 25, 2022 @ 4pm CST
Preview Date/Time Preview for this property will be August 18 , 2022 from 4pm-5pm at the property location 403 E. Meadow Street, Mediapolis 52637
Checkout Date/Time Down payment is due on the day the bidding closes, August 25, 2022, and signing of the contracts will take place through email and electronic document signatures. In the event the auction bidding closes after 3:00pm, the earnest money will be due the following business day.
Location
Buyer Premium 5% Buyers Premium
Description
This property auction is located at 403 East Meadow Street, Mediapolis, Iowa 52637 containing 1 lot w/ 1 building. Above ground fuel tank w/ pump included. Online auction bidding only starting August 18 @ 6pm through August 25, 2022 ending @ 4pm. Open House will be from 4pm-5pm CST August 18, 2022.
Terms: 10% down payment on August 25, 2022. Balance due at final settlement with a projected date of September 30, 2022, upon delivery of merchantable abstract and deed and all objections have been met. Possession: Projected date of September 30, 2022. Real Estate Taxes: To be prorated to date of possession on the basis of the last available tax statement. Seller shall pay any unpaid real estate taxes payable in prior years. Parcel 05-11-252-005 Special Provisions: " This online auction will have a 5% buyer's premium. This means the buyer's premium in the amount of five percent (5%) of the bid amount shall be charged to the Buyer and added to the bid amount to arrive at the total contract purchase price. " Down payment is due on the day the bidding closes and signing of the contracts will take place through email and electronic document signatures. In the event the auction bidding closes after 3:00pm, the earnest money will be due the following business day. " If a bid is placed with less than 4 minutes left on the auction, the time on the auction will extend another 4 minutes. This will continue until no bids are placed within the last 4 minutes. " This auction sale is not contingent upon Buyer's financing or any other Buyer contingencies. " If a Buyer is unable to close due to insufficient funds or otherwise, Buyer will be in default and the deposit money will be forfeited. " This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws. " The Buyer acknowledges that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The Buyer is buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the real estate. " All lines, drawings and boundaries are approximate. " Southeast Iowa Realty Inc. is representing the Seller. Any announcements made the day of sale take precedence over advertising.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 9,900.00 100.00 USD
9,900.01 - 99,750.00 250.00 USD
99,750.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 5% Buyers Premium
Payment Terms
Terms: 10% down payment on August 25, 2022. Balance due at final settlement with a projected date of September 30, 2022, upon delivery of merchantable abstract and deed and all objections have been met. Possession: Projected date of September 30, 2022. Real Estate Taxes: To be prorated to date of possession on the basis of the last available tax statement. Seller shall pay any unpaid real estate taxes payable in prior years. Parcel 05-11-252-005 Special Provisions: " This online auction will have a 5% buyer's premium. This means the buyer's premium in the amount of five percent (5%) of the bid amount shall be charged to the Buyer and added to the bid amount to arrive at the total contract purchase price. " Down payment is due on the day the bidding closes and signing of the contracts will take place through email and electronic document signatures. In the event the auction bidding closes after 3:00pm, the earnest money will be due the following business day. " If a bid is placed with less than 4 minutes left on the auction, the time on the auction will extend another 4 minutes. This will continue until no bids are placed within the last 4 minutes. " This auction sale is not contingent upon Buyer's financing or any other Buyer contingencies. " If a Buyer is unable to close due to insufficient funds or otherwise, Buyer will be in default and the deposit money will be forfeited. " This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws. " The Buyer acknowledges that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The Buyer is buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the real estate. " All lines, drawings and boundaries are approximate. " Southeast Iowa Realty Inc. is representing the Seller. Any announcements made the day of sale take precedence over advertising.
This a real estate online auction sale, no shipping
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.