If you do not understand these terms or the bidding platform, DO NOT BID. Please give us a call. We can walk you through it and answer questions.
A 6% buyer’s fee will be added to the final bids on this auction.
Successful bidder(s) will be required to enter into a purchase agreement within 48 hours of the close of the auction. 10% earnest money is due with the offer. The closing will take place within 45 days of the accepted offer or when the paperwork has been completed to transfer clear title.
There will be a manual close on this auction. If multiple lots bring more than individual lots, the individual lots will be marked NO SALE and vice versa.
Buyer financing will be allowed with no contingencies. No appraisal contingency. A pre-approval letter must be submitted with the accepted offer. Cash buyers to supply proof of funds with accepted offer. The buyers will put 10% of the total winning bid for earnest money with offers. All offers are subject to approval from the seller.
Auction End Times: The auction will begin closing at the time listed. This auction has what is called an auto extend feature, meaning the auction will not close until all bidding parties are satisfied. If there
are any bids placed in the final 10 minutes of the item closing, the auction ending will be automatically extended 5 minutes from the time the bid was placed. Example: If an auction scheduled to close at 6:00 receives a bid at 5:59, the closing time will automatically extend to 6:04. The auto-extend feature remains active until no further bids are received within a 5-minute time frame.
Auction company employees and/or the auction company may bid on auction items.
Acceptance of Bid Prices: Successful bidder(s) will be required to enter into a purchase agreement within 48 hours of the close of the auction. O’Connor Auction Group will email documents to be executed. They must be emailed back to O’Connor Auction Group within 72 hours of the end of the auction. Unless the auction is noted as "SELLING ABSOLUTE", the seller has the right to accept, counter or reject the final bid. Bidders will also sign an agency disclosure. Successful bidders not executing and returning contracts with down payment deposit within 72 hours will be considered in
Evidence of Title: Seller shall provide an owner’s title insurance policy in the amount of the purchase price purchased.
Deed: Seller shall provide a warranty deed or personal representative’s deed free and clear of all liens and encumbrances.
Possession: Buyer(s) to take possession upon closing.
Real Estate Taxes: All taxes will be prorated to the day of closing using the previous year’s tax amount.
Easements: Subject to all easements of record. There will be a shared driveway easement for ingress and egress.
Zoning: This property is subject to all state and local zoning ordinances. See attached zoning information.
Acreage: Parcel dimensions and acreages are based on legal descriptions.
Bidder Verification: The identity of all bidders will be verified. Bidding rights are provisional, and if complete verification is not possible, O’Connor Auction Group will reject the registration, and bidding activity will be terminated. The seller and selling agents reserve the right to prevent any person from bidding, if there is any question as to the person’s credentials, fitness, etc. Bidders agree to keep their username and password confidential as they are responsible for ALL activity involving their account. When using the website, you must obey all local state and federal laws. Violations will result in termination of website use privileges.
Agency: O’Connor Auction Group and its representatives are agents of the Seller.
Buyer’s Agency: All buyers are responsible to notify auctioneers of any potential buyer’s agency contracts in place before registration and bidding on the auction and no later than 24 hours prior to auction close.
New Data, Corrections, and Changes: Please review prior to scheduled auction time to be aware of any changes, corrections, or additions to the property information.
Disclaimer and Absence of Warranties: All information regarding this auction is subject to the terms and conditions outlined in the purchase agreement. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation either expressed or implied, concerning the property is made by the seller or the auction company. All sketches and dimensions are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained on the website is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the seller or the auction company. Conduct of the auction and increments of bidding are at the direction of the auctioneer. All decisions of the auction company are final. Any dispute between auctioneers and buyers will be dealt with through arbitration in Waupaca County, Wisconsin. By bidding on the property at auction, the buyer agrees to all terms and conditions set forth as well as those set at the beginning of the auction. We gather aggregate information from this website which may include but is not limited to the number of page visitors, most visited pages, and all correspondence. By agreeing to these terms, you give O’Connor Auction Group permission to send marketing emails to the email address on the account.
Gerry O’Connor: 715-250-0744
If you do not understand these terms or the bidding platform, DO NOT BID. Please give us a call, we can walk you through it and answer any questions.