Auction Location: 1408 Atlantic Ave., Benson, MN 56215
Phone: 320-444-2303
Lot Categories: Residential Property (4)
Auction Closed
12/16/2024 08:00 pm
Closed
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These are 4 residential properties up for auction in Crookston, MN. The descriptions and any other provided information is believed to be accurate but any potential buyer should rely on their own inspection of property, and seller disclaims any express or implied warranties or representations herein. Any years or amounts provided herein are estimates and should be confirmed by any potential buyer.
There is a 15% buyers premium on this auction. If the winning bid is $20,000.00 dollars the Buyer Premium will be $3,000.00 The cap of $1,000.00 Buyer Premium DOES NOT APPLY to real estate auctions. The winning bidder is expected to pay JAX of Benson LLC the Buyers Premium within 48 hours of auction close in cash or bank draft, no credit card or personal checks accepted.
The buyer will then be put in contact with the Lawyer who will actually prepare the Purchase Agreement and perform the real estate closing. Buyer will be responsible for any title work and closing costs traditionally paid by buyer
BY PLACING A BID, BIDDER ACKNOWLEDGES AND AGREES TO ACCEPT THE PROPERTY IN AS-IS WHERE-IS CONDITION, AND COMPLETE THE SALE WITHIN 30 DAYS OR AS DIRECTED BY CLOSING LAWYER, all of which will also be included in the purchase agreement.
K-BID IS ONLY PROVIDING THE COMPUTER SYSTEM TO RUN THIS AUCTION AND HAS NO ADDITIONAL RESPONSIBILITY REGARDING THIS SALE.
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AGAIN THESE PROPERTIES ARE LOCATED IN CROOKSTON, MN
INSPECTION IS BY APPOINTMENT ONLY
CLOSING WILL BE AT THE DISCRETION OF THE LAW FIRM HANDLING THE CLOSING
K-BID IS ONLY PROVIDING THE COMPUTER SYSTEM TO RUN THIS AUCTION AND HAS NO ADDITIONAL RESPONSIBILTY REGARDING THIS SALE.
4 properties up for auction in Crookston, MN. all with no reserve. These all have rental income potetial. Inspection is strongly suggested and will be by an appointment. Legal descriptions available upon request all other information is in each lot description.
JAX of Benson LLC is managing this auction to set the purchase price of each lot. The closing and all legal matters will be handled by a law firm.
Matthew Rust
Fischer Rust Law Firm PLLC
Crookston, MN
Closing costs and associated fees will be determined at time of closing.
| 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 | |||
|---|---|---|---|
| 15.00% | |||
This auction is contracted and managed by: JAX of Benson
Manager: Jack Evenson
This auction is managed by J.A.X. of Benson
Dealer on record J.A.X. of Benson DLR.# 37353
Firearm dealer on record JAX of Benson LLC # 3-41-151-01-3C05902
There is a $25.00 transfer fee on every firearm sold
Payment types accepted: Cash, Check , Visa, MasterCard, Discover, American Express
NO CREDIT CARD PAYMENTS OVER $3000.00
Removal on items that are paid will be disposed of if not picked up with in 3 days of pick up day, and no refunds will be given.
This auction is contracted and managed by an independent affiliate. By placing a bid on this auction, you are agreeing to the auction specific terms listed on this page in additions to the K-BID user terms and agreements.
K-BID Online, Inc. (K-BID) is responsible for maintaining the K-BID.com website. K-BID.com serves as the venue used by independent auction companies (Affiliates) to present their online auctions to bidders.
K-BID’s role in the auctions listed on K-BID.com is limited to providing the venue for affiliate auctions. Affiliates are not employees, agents, representatives or partners of K-BID Online, Inc. K-BID’s knowledge about individual auctions and individual auction transactions is limited to the information appearing on the website.
By placing a bid on K-BID.com, bidders are verifying they are at least 18 years old and acknowledging they understand and will comply with both the K-BID.com website terms and the auction specific terms. Bidders MUST NOT share their password or account information with anyone. Bidders are responsible for bids placed on their account.
Inspection dates/times are available for every auction. Bidders are strongly encouraged to inspect prior to placing bids. Removal day is not inspection day. When an auction ends, and the winning bidder invoice appears on the bidder’s dashboard, the bidder is obligated to honor their bid(s).
Every auction item is sold “as is, where is” with no guarantees or warranties. You are responsible for inspecting items prior to purchase.
Bidders are responsible for knowing and complying with auction terms. Failure to comply with removal terms may result in bidding privileges being disabled. Once a bid is placed it cannot be retracted.
Sellers and their agents are prohibited from bidding on their own assets.
Items with a reserve will not be sold unless the reserve price has been met.
At the close of the auction, active items will remain open until no bids have been received for three minutes.
Applicable sales tax will be collected by the affiliate managing the auction.
In the event that bidding rights are terminated due to no-show invoices, bidders MAY be reinstated at the discretion of K-BID only after a penalty fee of 20% of the unpaid invoice(s) and a reinstatement fee of $25.00 has been paid to K-BID and a scanned copy of your driver's license emailed to us. INVOICED ITEMS WILL NOT BE AWARDED. The payment is punitive and meant to deter no-shows. Duplicate bidder accounts will be deactivated when they are determined to exist. If possible and at our discretion, K-BID reserves the right to delete any bid we believe has been placed by a suspect bidder. Any registration that shows up on our fraud detection system may be placed on hold and bids removed until the user is verified. K-BID Online, Inc reserves the right to disallow anybody from bidding on its website. Cases of obvious bidding with no intent to redeem will be referred to appropriate legal authorities.
Affiliates may lower a lot reserve at any time before or after an auction closes. If the reserve is lowered while the auction is in progress, the applicable reserve message will appear below the Next Required Bid information (Reserve Not Met or Reserve Has Been Met); the asset will sell to the high bidder if the lowered reserve amount is met. If the reserve is lowered after the auction closes, the highest bidder at auction close will receive a winning bidder invoice.
Once an auction begins its closing process, outbid notifications will not be sent.
Once a bid is placed it cannot be retracted.
CALL IN ADVANCE OF BIDDING FOR SHIPPING AVAILABILITY
Shipping is available with Spee Dee.
Fed Ex will be used when necessary.
*****Palatalized shipping or large items including furniture of any size will not be shipped.*****
Contact JAX of Benson PRIOR TO PAYING ON LINE if shipping is required and I can add it to your invoice.
