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.
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.
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.