Auction Location: 1406 Merryview Ln, Hibbing, MN 55746
Phone: 218-849-5968
Lot Categories:
Auction Closed
07/12/2015 05:00 pm
Closed
Contact Tim with questions at DL Sales 218-849-5968 or Email Tim@dl-bid.com with all payments and questions.
Monday, July 13th by 2:00 pm at 10% non refundable deposit is due. No Subject To's, Property sold "as is",
Purchase Agreement to be signed within 5 days, Closing in 30 to 45 days, There is a reserve on this property, reserve is LESS THAN the 2014 Property Tax Statement.
Inspection:
By appointment only. Tim@dl-bid.com, 218-849-5968
Closing: July 12th, 2015 5:00 PM
| 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 Premium | Regular Buyer's Premium | Cap | |
|---|---|---|---|
| 10.00% | 13.00% | $3,250.00 |
This auction is contracted and managed by: The Auction Guys
Manager: Corey Hyde
We accept Visa, MasterCard, Cash, Cashiers/Bank Checks and Wire Transfers.
A 10% Non-Refundable Down Payment is due by 2:00 pm on Tuesday June 2, 2015. Purchase Agreement to be signed within 5 days. Closing in 30 - 45 days. No Subject To’s, property is sold "as is".
Buyer's premium on this sale is 4% for Cash, Cashier's/Bank Checks and Wire Transfers or 7% for Visa and MasterCard Payments.
This property does have a reserve. Reserve price UNDER 2014 TAX VALUE.
Please take advantage of our 2 inspection / open house days to preview this property in person.
Every effort is made to describe the items as accurately as possible. It is the bidder’s responsibility to inspect before bidding, to be certain that the item meets your standards and expectations. Our descriptions are not a substitute for your inspection. No refunds!
Remember this is an auction. This is not a retail store. You are buying " AS IS Where IS". It is your responsibility to inspect your items. We do not inspect for you.
This auction is contracted and managed by Detroit Lakes Sales. 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 7% BUYERS PREMIUM (7% BP) on this auction. All NON-Credit/Debit Card payments MADE IN-FULL (invoiced amount) will receive a 3% Reduction in BUYERS PREMIUM (4% BP). 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.
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.
