Auction Location: 459 5th St, Dawson, MN 56232
Phone: 320-327-2622
Lot Categories: Residential Property (1)
Auction Closed
07/24/2019 08:30 pm
Closed
This auction is for the purchase of a Home and Workshop Garage located on a corner lot in Dawson, MN. Great opportunity to buy a rental property or move in and make it your own! Sold AS- IS, be sure to read terms and conditions before bidding!
The Closing Costs of the Real Property Title will be Paid By The Buyer.
Property tax due up to time of closing will be paid by the seller.
Kluver Law Office of Montevideo and Dawson will prepare the Standard Purchase Agreement per auction terms and perform the real estate closing per Real Estate Auction Statutes.
The Winning Bidder will Be Expected to pay the buyer's premium to Asset Liquidation Auctions within 48 hours of auction close. Then buyer will be put in contact with Kluver Law Office to sign the Purchase Agreement and complete the closing with the seller for the amount of the final bid plus buyer closing costs.
BP Cap of $1000.00 DOES NOT apply to REAL ESTATE AUCTIONS.
BY PLACING A BID, BIDDER ACKNOWLEDGES AND AGREES TO ACCEPT THE PROPERTY IN AS-IS CONDITION, COMPLETE THE SALE WITHIN 20 DAYS AS DIRECTED BY KLUVER LAW OFFICE AND PAY THE HIGH BID PLUS ALL CLOSING COSTS.
| 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 | |||
|---|---|---|---|
| 5.00% | |||
This auction is contracted and managed by: Asset Liquidation Auctions
Manager: Jeff Krueger
BY PLACING A BID, BIDDER ACKNOWLEDGES FULL DUE DILIGENCE, AND AGREES TO ACCEPT THE PROPERTY IN AS-IS CONDITION, COMPLETE THE SALE WITHIN 20 DAYS AS DIRECTED BY KLUVER LAW OFFICE AND PAY THE HIGH BID PLUS ALL CLOSING COSTS.
This auction is contracted and managed by Asset Liquidation Auctions.
This property is selling with a reserve and is subject to seller confirmation.
Payment Types Accepted: Certified funds up to $10,000.00. Wire Transfer for any invoice over $10,000.00.
Auction Terms Addendum
This auction is contracted and managed by an independent affiliate. 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 (“Affiliates”) to conduct online auctions.
Affiliates 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 affiliate managing the auction.
SHIPPING IS NOT AVAILABLE. Once the Buyer's Premium is paid by Buyer, Kluver Law Office will direct and complete the escrow and closing process.
Online payment not accepted for this auction.
