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Auction Information
Auctioneer Westfork Auctions, LLC 217-543-2883
Auction Date Apr 24 Auction
Location
Online Only
Online Only, IL
Time 07:00PM
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Auction Listing
AuctionZip Auctioneer ID# 38360
This is an online property auction. To place a bid please go to: www.westforkauctions.hibid.com . It is for 1 -  50 x 200 lot with no improvement. It is located at 267 W Main St., Arcola, IL 61910. This lot has several large trees. Take a look at the photos.
DOWN PAYMENT: 10% down payment or within 24 hours. THIS AUCTION IS NOT CONTINGENT UPON FINANCING.
CLOSING: Closing will be within approximately 30 days.
POSSESSION: Possession will be given as of date of closing.
 REAL ESTATE TAXES: Real estate taxes for 2017, payable in 2018 shall be the Seller's expense. The real estate taxes for 2018, payable in 2019, will be prorated to the day of closing and credit will be given to Buyer at closing. All subsequent real estate taxes will be the expense of the Buyer.
SUCCESSFUL BIDDERS: Successful bidders will sign a contract for Sale of Real Estate within 24 hours following the auction closing. Contract price shall be the highest bid price, which includes the 2% buyers premium. The seller reserves the right to reject High Bid Price until the reserve is met.
TITLE: Seller will furnish the successful bidders an Owner's Policy of Title Insurance in the amount of purchase price and will provide an adequate deed, subject to standard exceptions, conveying fee simple interest in the real estate to the buyers. Any questions concerning purchase contract contact: Kosic & Stout Law Office in Arcola, IL at 217-268-3609.
MINERAL RIGHTS: Sale of the property shall include any mineral rights owned by the seller.
DISCLAIMER AND ABSENCE OF WARRANTIES: THIS PROPERTY IS BEING SOLD ON AN "AS IS, WHERE IS" BASIS, and no warranty or representation, either express or implied concerning the property is made by either the seller or the auction company. Each bidder is responsible for conducting his own independent inspections, investigations, and all due diligence concerning the property, improvements, and the auction. Information contained in the brochure are approximate. All information contained in the brochure and any related materials are subject to the terms ad conditions of sale outlined in the Agreement for Sale of Real Estate. Auction conduct and bidding increments are at the direction and discretion of the auctioneer. All decisions of the auctioneer are final ANNOUNCEMENTS MADE BY THE AUCTIONEER AT THE TIME OF SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.
AGENCY DISCLOSURE: In this auction, the auction company, staff, and auctioneer are seller's agents and have a fiduciary duty only to the seller.



Auctioneer License Information: 475.157156 - Real Estate Lic #475.157156

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