Real Estate Auction Terms
Tuesday November 28th, 2023 – 6:00 PM
420 Water Street, Kendallville, Indiana, 46755
Estate of Joseph B. & Virginia L Hayes
Procedure: The property is being offered by public auction with NO reserve. There will be online bidding available to the end of the Live Auction.
Agency: Bartkus Auctioneers Company and its representatives are exclusive agents of the Seller.
Down Payment: a non-refundable $10,000 Down Payment on the day of auction with the balance in due at closing. The down payment may be made in the form of a cashier’s check, personal check, or corporate check. Your bidding is not conditional upon financing so be sure you have arranged financing.
Acceptance of bid: This is a public auction with no reserve and will be sold to the highest bidder. The successful bidder will be required to enter into a purchase agreement at the auction site immediately following the close of the auction.
Evidence of Deed and Title: Seller shall provide deed and clear owners title insurance policy in the amount of the purchase price at closing.
Closing: The balance of the purchase price is due at closing, which will take place within 30 days of presentation of title. Closing fees shall be split by the Seller and Buyer 50/50.
Possession: Possession at closing.
Real Estate Taxes: Real estate taxes will be prorated to the day of closing. There is currently Homestead and Supplement STD exemption on this property. Taxes being $1711.68.
Cistern: Located in the backyard.
Online Bidding Available: You may bid online now until the end of the Live auction at www.bartkusauctioneers.com. For online bidding information, call Bartkus Auctioneers at 260-437-6555. BIDDER PRE-REGISTRATION & PRE-BIDDING STRONGLY ENCOURAGED!
Technology Disclaimer: Bartkus Auctioneers and vendor, make no warranty or guarantee that the online bidding system will function as designed on the day of the sale. Technical problems can and sometimes do occur. If a technical problem occurs and you are not able to place your bid during an online auction, Bartkus Auctioneers and vendor will not be held liable or responsible for any claim or loss, whether actual or potential, because of the technical failure.
NOT SUBJECT TO APRAISAL OR FINANCING. ALL SALES ARE FINAL AND SOLD AS IS.
Auction to be held at 420 Water Street Kendallville IN 46755 at 6:00pm on November 28th.
*2 % BUYER’S PREMIUM*
Kendallville, Indiana 46755