Princeton, MN
No Images Available
Here you can see the new addition that was added and the two walkouts that come out into a concrete patio; perfect for grilling and relaxing with perfect views of the scenic backyard.
**Informational lot only, do not bid**
If you have any questions, please call the auctioneer, James Egge, at (952) 261-4942 or the real estate broker, Steve Hanson, at (320) 241-0905; we'd be happy to assist you in any way we can as you search for your new home!
Please contact us to schedule a showing outside of the listed open house times.
REAL ESTATE TERMS & CONDITIONS: Winning bidder(s) must have a non-refundable cashier's check in the amount of $10,000 to be used as the earnest monies and a bank letter of pre-approval for the entire amount of the winning bid (plus applicable fees including a 3% buyers premium) within 48 hours of the close of the auction with the balance due within approximately 30 days of the auction close. Possession shall be granted pending a successful closing.
This is a cash only sale with no warranties being made or offered and with no contingencies offered, expressed, or implied. All bidders should inspect the property prior to bidding. It is also the bidders responsibility to know all of the city, county, state, and federal regulations for the properties intended use so that the buyer can be insured that the property will meet the buyer's needs for use.
The winning bidder(s) will be asked to enter into an AS IS purchase agreement with all aspects of the property AS IS with no exceptions. Any addendum posted to this or any other listing for this property between the dates of the auction listing and the auction close shall supersede any previous written or oral information that was given.
If you wish to obtain any other information about this property or for clarity regarding this property prior to bidding, please contact our broker, Steve Hanson, at (320) 241-0905 or the auctioneer, James Egge, at (952) 261-4942.
This property is being sold AS IS WHERE IS with no warranty being offered. If a potential buyer would like an inspection then the potential buyer would need to order one on their own prior to bidding or prior to the auction close.
BUYER'S PREMIUM: A 3% buyer's premium will be added to the final bid price (over reserve). For example, if the winning bid for this property is $245,000, then the total buyer's premium would be $7350 bringing the total auction cost to the winning bidder of $252,350.00 (plus any additional closing fees or other fees regulated by the city, country, state, or federal).
BROKER'S PARTICIPATION: There is a 2% broker's participation that will be paid to the broker if the broker's client successfully wins the auction and closes within 45 days from the close of the auction. The broker and the bidder must declare their partnership to Auction House within 24 hours of the first bid being placed or prior to the auction close (whichever comes first) by emailing the auctioneer, James Egge, at mnauctionhouse@gmail.com.
PROPERTY TAXES: Property taxes remaining due in 2016 shall be pro-rated to the time of the successful closing. All taxes due in 2017 and beyond will be the sole responsibility of the new property owner.
| 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 |
| Buyer's Premium | |||
|---|---|---|---|
| 3.00% | |||
This auction is contracted and managed by: Auction House
Manager: James Egge
This auction is contracted and managed by Auction House and James Egge, Auctioneer (Lic 05-15-002).
This affiliate accepts: Cash, Visa, MasterCard, American Express and Discover. Checks are not accepted.
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 3% BUYERS PREMIUM (3% BP) on this auction.
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.
If you have any questions, please call the auctioneer, James Egge, at (952) 261-4942 or the real estate broker, Steve Hanson, at (320) 241-0905; we'd be happy to assist you in any way we can as you search for your new home!
Please contact us to schedule a showing outside of the listed open house times.
REAL ESTATE TERMS & CONDITIONS: Winning bidder(s) must have a non-refundable cashier's check in the amount of $10,000 to be used as the earnest monies and a bank letter of pre-approval for the entire amount of the winning bid (plus applicable fees including a 3% buyers premium) within 48 hours of the close of the auction with the balance due within approximately 30 days of the auction close. Possession shall be granted pending a successful closing.
This is a cash only sale with no warranties being made or offered and with no contingencies offered, expressed, or implied. All bidders should inspect the property prior to bidding. It is also the bidders responsibility to know all of the city, county, state, and federal regulations for the properties intended use so that the buyer can be insured that the property will meet the buyer's needs for use.
The winning bidder(s) will be asked to enter into an AS IS purchase agreement with all aspects of the property AS IS with no exceptions. Any addendum posted to this or any other listing for this property between the dates of the auction listing and the auction close shall supersede any previous written or oral information that was given.
If you wish to obtain any other information about this property or for clarity regarding this property prior to bidding, please contact our broker, Steve Hanson, at (320) 241-0905 or the auctioneer, James Egge, at (952) 261-4942.
This property is being sold AS IS WHERE IS with no warranty being offered. If a potential buyer would like an inspection then the potential buyer would need to order one on their own prior to bidding or prior to the auction close.
BUYER'S PREMIUM: A 3% buyer's premium will be added to the final bid price (over reserve). For example, if the winning bid for this property is $245,000, then the total buyer's premium would be $7350 bringing the total auction cost to the winning bidder of $252350.00 (plus any additional closing fees or other fees regulated by the city, country, state, or federal).
BROKER'S PARTICIPATION: There is a 2% broker's participation that will be paid to the broker if the broker's client successfully wins the auction and closes within 31 days from the close of the auction. The broker and the bidder must declare their partnership to Auction House within 24 hours of the first bid being placed or prior to the auction close (whichever comes first) by emailing the auctioneer, James Egge, at mnauctionhouse@gmail.com.
PROPERTY TAXES: Property taxes remaining due in 2016 shall be pro-rated to the time of the successful closing. All taxes due in 2017 and beyond will be the sole responsibility of the new property owner.
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.
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
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:
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.
There is no shipping available for this auction.
