ONLINE ONLY – Real Estate Auction – Storage Buildings St. Charles, MI CLOSES MAY 13th @7PM
Description
ONLINE ONLY – Real Estate Auction – Storage Buildings St. Charles, MI
Bidding OPENS: MAY 1ST @ 7PM
Bidding CLOSES: MAY 13th @7PM
Parcel # 24-10-3-05-0225-001
Property Description:
0.6 Acres located just outside of downtown St. Charles. Property includes 50×100 pole building with concrete floor & 30×60 pole building with (5) bays currently being rented out. Tenants have 30 days from closing of auction to remove items. Farm equipment & other items being stored in building not included.
Zoned Commercially improved
General Real Estate Sales Terms & Conditions:
· Inspection by appointment with Auctioneer
· A $10,000 Deposit in the form of cash or certified funds is required from successful bidder the day of auction, closing within 45 days.
· Deposit is non-refundable if the bidder fails to close on property prior to specified date & will be retained by estate & auction firm in the form of liquated damages on 50/50 basis.
· Property deed to be conveyed from estate representatives void of any liens or encumbrances upon transfer of buyers complete closing funds.
· A 3% Buyers premium will be added to final bid
· Bid is not subject to buyers ability to obtain financing, successful inspection, or appraisal results.
· Property is sold in AS-IS condition.
· Bid is subject to Estate representative approval—Auctioneer’s sales rate exceeds 90%
· Taxes prorated to the date of closing- as per Saginaw County norms.
· Possession at date of closing
Tenants have 30 days from closing of auction to remove items.
