Empire Wholesale Southern MN No Reserve Real Estate Auction

Empire Wholesale

Empire Wholesale

Auction Location: 405 State Street N, Bricelyn, MN 56014

Phone: 612-910-5674

Lot Categories:

Auction Closed
11/10/2015 07:30 pm

Closed



Showing 1 to 1 of 1 items

Current Bid: $6,501.00
Next Required Bid: $6,601.00
High Bidder: #43482
Began Closing:
Tuesday 11/10/2015
07:30 pm CDT

Lot is Closed

 


Auction Details:

No Reserve Real Estate Auction, Highest bidder wins!  Located at 405 State Street N Bricelyn MN in Beautiful Southern MN near the border of Iowa and just a few miles south of Interstate 90. This Home is estimated to be 1900 sq. ft. with 4 bedrooms and 2 baths and features a nice size kitchen and living room, main floor bedroom along with a bathroom on the main level,  3 additional bedrooms and a bathroom upstairs. This house does need some light finishing touches such as new shingles and maybe a coat of paint but it has beautiful hardwood floors waiting to be refinished. This Property was recently a foreclosure and has had the interior items cleaned out for your convenience. Bricelyn is a nice community with friendly neighbors and is a quick commute to either Blue Earth or Albert Lea MN. This Home would make a perfect rental or fix and flip!

This house is sold as is/where is and it is the buyers responsibility to inspect the home prior to the Auction closing, This Property is selling with No Reserve so the Highest Bidder Wins! 2015 taxes paid in full and no pending assessments, buyer will receive a quit claim deed once paid in full.

 

This Auction only has a 5% Buyers premium instead of the usual 10%

Buyer of this Home must be paid in full within 5 days of Auction close (November 15 2015)

5% Buyers Premium will be added to winning bid. Ex: $30,000 winning bid will pay a $1500 buyers premium.

Winning bidder will receive a notarized quit claim deed to the property when paid in full.

This Auction has No Reserve so the highest bidder Wins!

House is sold As Is/Where is.

RV in Pics is not Included in this sale it belongs to the neighbor.

Empire Wholesale and Anthony Socher are not responsible for an injuries that may occur on the property at any time.

Inspection

Auction Closing:

Tue, Nov 10, 2015
07:30 pm

Removal:


Bidding Increments:

Bid Range Minimum Increment
$0.01 - $75.00 $1.00
$75.01 - $150.00 $5.00
$150.01 - $250.00 $10.00
$250.01 - $500.00 $25.00
$500.01 - $1,000.00 $50.00
$1,000.01 - $5,000.00 $75.00
$5,000.01 - $50,000.00 $100.00
$50,000.01 - $75,000.00 $250.00
$75,000.01 - $100,000.00 $500.00
$100,000.01 - $2,500,000.00 $1,000.00

Discounted Buyer's PremiumRegular Buyer's PremiumCap
10.00%13.00%$3,250.00


This auction is contracted and managed by: Empire Wholesale

Manager: Tony Socher


This auction is contracted and managed by Empire Wholesale.

This affiliate accepts Cash, Credit card up to $5000, Cashier's Check.

By placing a bid on this auction you are agreeing to the auction specific terms listed below in addition to K-BID user terms.  For auctions contracted and managed by an Independent Affiliate, K-BID Online, Inc. is acting as a venue only and will not be involved in any disputes or issues regarding this auction.

Everything is sold “as is, where is” with no guarantees or warranties. You are responsible for inspecting items prior to purchase.

There is a 5% BUYERS PREMIUM on this auction.

Applicable Minnesota Sales Tax will be collected.

At the close of the auction active items will remain open until no bids have been received for three minutes.

IMPORTANT NOTE: If the high bidder of an item does NOT acknowledge the purchase, K-BID systems reserves the right to determine how and to whom it will be resold. If we determine that the winning bid was not a bona fide bidder, the item WILL NOT AUTOMATICALLY go to the next second-highest bid.


Auction Terms Addendum

This auction is contracted and managed by an independent auctioneer. By placing a bid, you agree to both the auction-specific terms listed on this page and the K-BID User Terms and Agreements.

Platform Role
K-BID Online, Inc. (“K-BID”) operates and maintains K-BID.com as a venue for independent auction companies to conduct online auctions.
They are independent entities and are not employees, agents, or representatives of K-BID. K-BID’s knowledge of individual auctions is limited to the information provided on the website.

Bidder Responsibilities
By placing a bid, you confirm that you are at least 18 years old and agree to comply with all applicable terms.

  • Bidders are responsible for all activity under their account.
  • Account information and passwords must not be shared.
  • All bids are binding and may not be retracted.

Inspection & Removal
Inspection dates and times are provided for every auction. Bidders are strongly encouraged to inspect items prior to bidding.
Removal day is not an inspection day.
Once an auction closes and an invoice is issued, the winning bidder is obligated to complete the purchase.

Item Condition
All items are sold “as is, where is,” with no guarantees or warranties. Buyers are responsible for their own due diligence.

Buyer’s Premium
If applicable, Buyer’s Premium caps are applied per item, not per invoice.

Auction Process

  • Items with a reserve will not sell unless the reserve price is met.
  • Reserves may be lowered at any time at the independent auction company's discretion:
    • During the auction: updated reserve status will be displayed.
    • After closing: the highest bidder may be awarded the item if the reserve is lowered.
  • At closing, items with active bidding will remain open until no bids are received for three (3) minutes.
  • Outbid notifications are not sent once an item enters the closing process.

Compliance & Enforcement
Failure to comply with auction terms, including removal requirements, may result in suspension of bidding privileges.

If bidding privileges are suspended due to unpaid invoices:

  • Reinstatement is at K-BID’s discretion
  • Requires payment of:
    • 20% penalty on unpaid invoice(s)
    • $25 reinstatement fee
  • A valid government-issued ID must be provided
  • Unpaid items will not be awarded

Duplicate accounts will be deactivated. Suspected fraudulent activity may result in bid removal, account holds, or permanent suspension. K-BID reserves the right to refuse service to any user and may refer fraudulent behavior to appropriate authorities.

Seller Conduct
Sellers and their agents are strictly prohibited from bidding on their own items.

Sales Tax
Applicable sales tax will be collected by the independent auction company managing the auction.



405 State Street N
Bricelyn
MN, 56014


Phone: 612-910-5674

No shipping available for this auction.