BROWNTON MN 3 BR HOUSE AUCTION

Empire Wholesale

Empire Wholesale

Auction Location: 234 4th street N, Brownton, MN 55312

Phone: 612-910-5674

Lot Categories: Residential Property (1)

Auction Closed
11/05/2019 08:00 pm

Closed



Showing 1 to 1 of 1 items

Current Bid: $25,100.00
Next Required Bid: $25,200.00
High Bidder: #127659

Reserve Not Met

Began Closing:
Tuesday 11/05/2019
08:00 pm CDT

Lot is Closed

 


Auction Details:

3 bedroom 2 bath house in Brownton MN just 10 miles south of Hutchinson MN.

Glencoe Silver Lake School District, fixer upper that needs some light plumbing and paint, great house with original hardwood floors and tons of character like arched doorways, original doors and antique knobs, built ins, wood burning fireplace.

Could be a perfect fix and flip or a bargain to make your own Home being the reserve is far below market value in this area.

Willing to pay out a 2.5% comission to Realtors if their client is the winning bidder.

There will be an open house day for you to come look at the property interior, or you can schedule a showing with your realtor for any time during the auction process.

For Questions Contact Tony at 612-910-5674 or to speak to the Listing agent for this property Contact Bryan Henke at 763-221-1786

Room Level Dimen Living Rm Main 12 x 19 Dining Rm Main 11 x 13 Family Rm     Kitchen Main 10 x 12 Bedroom 1 Upper 11 x 13 Bedroom 2 Upper 11 x 12 Bedroom 3 Upper 10 x 11 Bedroom 4           Other Rooms Level Dimen Laundry Lower 11 x 10                         Bathrooms Total: 2 3/4: 0 1/4: 0 Full: 1 1/2: 1         Heat: Forced Air Fuel: Oil Air Cond: Central Water: City Water/Connected Sewer: City Sewer/Connected Garage: 1 Oth Prkg:   Pool:       Fireplaces:  1 Fireplace Characteristics:    Basement: Full, Sump Pump, Egress Windows Exterior: Wood, Shakes Fencing: None Roof: Asphalt Shingles Amenities-Unit:   Parking Char: Detached Garage, Driveway - Concrete

 

Seller is looking for a Cash offer, if financing is involved it will need to be a conventional/FHA rehab loan, If your client or the buyer plans to use financing a pre approval letter must be emailed or sent to Empire Wholesale prior to Auction Closing. Contact Empire Wholesale at 612-910-5674 for directions. IF you do not have a lender you can contact Empire Wholesale for a referral to a lender specializing in these loans.

A $1000 earnest money check will be required from the buyer within 48 hours after the auction closes.

 Seller is Willing to pay out a 2.5% comission to Realtors if their client is the winning bidder.

There will be an open house day for you to come look at the property interior, or you can schedule a showing with your realtor for any time during the auction process.

For Questions Contact Tony at 612-910-5674 or to speak to the Listing agent for this property Contact Bryan Henke at 763-221-1786

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

 

 

Buyer of this Home must be paid in full within 30 days of Auction close if paying cash ,unless arranged prior to Auction ending. If financing is involved for this property a closer and closing date must be arranged within 5 business days from auction ending. Seller has a closing company that can arrange the closing.

5% Buyers Premium will be added to winning bid. Ex: $50,000 winning bid will pay a $2500 buyers premium.

Winning bidder will receive a deed to the property when paid in full at closing.

Buyer will be responsible for buyers side closing costs at closing and seller will be responsible for seller side closing costs at closing.

House is sold As Is/Where is.

 

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 05, 2019
08:00 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

Buyer's Premium
5.00%


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.

Seller is looking for a Cash offer, if financing is involved it will need to be a conventional/FHA rehab loan, If your client or the buyer plans to use financing a pre approval letter must be emailed or sent to Empire Wholesale prior to Auction Closing. Contact Empire Wholesale at 612-910-5674 for directions. IF you do not have a lender you can contact Empire Wholesale for a referral to a lender specializing in these loans.

A $1000 earnest money check will be required from the buyer within 48 hours after the auction closes.

 Seller is Willing to pay out a 2.5% comission to Realtors if their client is the winning bidder.

There will be an open house day for you to come look at the property interior, or you can schedule a showing with your realtor for any time during the auction process.

For Questions Contact Tony at 612-910-5674 or to speak to the Listing agent for this property Contact Bryan Henke at 763-221-1786

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

 

 


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.



234 4th street N
Brownton
MN, 55312


Phone: 612-910-5674

No shipping available for this auction.