THIS IS AN INTERNET ONLY AUCTION - If you prefer to turn in an absentee bid in person, please call 573-291-8075 to make arrangements. All bidders registering for this auction will have to be approved by the auction company before any bids can be placed to prevent an unqualified bidder from placing bids (example: an underage person or a person with a fraudulent bidding account). If bidder is known to auction company they will be approved quickly after registration. If bidder isn't known to auction company a phone call with auction company staff or possibly a refundable deposit may be required before placing online bids. Deposit: The winning bidder is required to bring a deposit of $5,000.00 to the property location and execute a purchase agreement the next business day following the conclusion of the auction. Deposit must be in the form of personal or business check. Buyers Premium: A 3% buyer's premium will be added to the final bid. If you bid $100,000.00 the total sale price at closing will be $103,000.00. Possession & Closing: The sale shall be closed within 60 days of auction closing at the office of York Title & Abstract, 1155 Aguilar Dr., Montgomery City, MO 63361- Telephone: 573-564-8021 on or before the 9th day of October, 2017. The seller at closing will convey good and marketable title. Buyer & Seller will be responsible for customary closing costs issued by the title company of which all can be seen in our sample sale contract shown on our website. Easements: The sale of this property is subject to any and all easements of record. Real Estate Taxes: Real Estate taxes shall be prorated to date of possession. Purchase Agreement: The successful bidder shall execute a purchase agreement the following business day after being declared the winning bidder by the auctioneer. Please Note: The purchase agreement will offer no contingencies, including but not limited to financing. Terms: The property is being sold “AS IS, WHERE IS” without warranty or guarantee of any kind. Each potential buyer is encouraged to perform his/her own independent inspections, investigations, inquiries and due diligence concerning the described property. Financing: Terms for this auction are cash. The seller is offering no other terms or contingencies. Therefore the buyer may NOT purchase this real estate subject to loan approval. Dynamic Closing: The closing time the auction is automatically extended an additional 5 minutes whenever a bid is placed within the last 5 minutes of the auction closing time. Warranty and Condition of Items Sold: All items are sold 'AS IS, WHERE IS, with NO WARRANTY expressed or implied. It is the responsibility of the buyer to determine the condition of the items and bid accordingly. Descriptions are believed to be accurate but not guaranteed. When you are not certain of the condition or use of an item, please bid accordingly. Catalog Discrepancies: You are bidding on the described item not the photograph, occasionally the wrong photo may be displayed, always read the item description. The auctioneer reserves the right to cancel, suspend, extend or reschedule an individual item or auction event. The auctioneer reserves the right to make changes to the auction closing times.