Auction Location: 508 South 3rd Street, Tower, MN 55790
Phone: 612-910-5674
Lot Categories: Residential Property (1)
Auction Closed
12/08/2016 08:00 pm
Closed
Buyer of this Home must be paid in full within 10 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.
5% Buyers Premium will be added to winning bid. Ex: $30,000 winning bid will pay a $1500 buyers premium.
Winning bidder will receive a warranty 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.
| 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.
There is a 13% BUYERS PREMIUM (13% BP) on this auction. All NON-Credit/Debit Card payments MADE IN-FULL (invoiced amount) will receive a 3% Reduction in BUYERS PREMIUM (10% 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.
No shipping available for this auction.
