Name Larry Comstock Real Estate Auction - Elk Bend Idaho
Auctioneer Open Buckle Auction Service
Type Internet Absentee Bidding
Date(s) 7/22/2017
Live Auction - July 22. 2017 Personal Property/Contents 9:59am MST Real Estate Live Auction 12:30pm MST
Preview Date/Time Saturday July 15, 2017 - 1:00pm - 4:00pm MST Thursday July 20, 2017 - 1:00pm - 4:00pm MST Friday July 21, 2017 - 1:00pm - 4:00pm MST or by Special Appointment.
Checkout Date/Time July 22, 2017 10:00am - 5:00pm MST
Location 369 Elkhorn Road (Location is 20 Miles south of Salmon, Idaho or 24 Miles north of Challis, Idaho on Hwy 93 in the Local Community of Elk Bend. Lemhi County, Idaho
Salmon, ID 83467
Buyer Premium 10% Cash, check - 13% Credit /Debt
Description
This property features: THREE (3) RIVERFRONT LOTS on the SALMON RIVER 1988 Sequoia 26 X 56 (1456 sq. ft.) 3-Bedroom, 2-full Bath New updated vinal windows throughout the home New appliances New roof Newer Wood Heating Stove Installation Large wrap-around Wooden Deck with handicap access ramp 2013 - Detatched, 24x24 ft two (2) car Garage/workshop, wood heat, insulated. Additional Detatched, 20x20 ft Singe Car Garage, wood heat, insulated Small Garden Shed Fire Pit Area Private Access to the Salmon River Complete Landscaping, with Idaho Mountain Views Property Location: 369 West Elkhorn Road, Salmon, Idaho 8347 Directions: 20 miles south of Salmon, Idaho on Hwy 93 - Elk Bend Live Auction Date and Time: July 22, 2017 Personal Property 9:59 AM Real Estate12:30 PM Registration: 9:00 AM - 12:00 PM on day of Auction Auction Location: On site Auction - 369 West Elkhorn Road, Salmon, Idaho 8347 Pre-Auction Viewing: Thursday July 20th, and Friday July 21st, 2017 from 1 - 4:00 PM or by Special Appointment. Call John Nelson at 208-940-1527 to schedule. Legal Description: Tax Code: 70000 Zip:83467 Parcel Number(s): SALMON RIVER EST UNT 1 Lot 38 - Block 11 Lot 39 - Block 11 MH670 Lot 40 - Block 11 RESIDENCE: 1988 Sequoia 26 X 56 (1456 sq. ft.) 3-Bedroom, 2-Bath Title# 126013091 ID# 1683596766A LOCATION: RP000740110390A Phone Bidders and Internet Bidders welcome, but must be pre-registered with required deposit amounts held in bidder escrow, either with the Auction Company or Broker. t will also be offered in this auction and will all sell at Absolute Auction to the Highest Bidder Regardless of Price, with no minimum and no reserve. There is no buyer's premium on personal property items. Real Estate Terms of Sale: 10% Buyers Premium will be added to the winning bid to determine final contract price. A $5,000.00 Non-refundable earnest money deposit will be required from the winning bidder by cashiers check or pre-approved personal check. Closing to be within 30 days from date of auction, unless other arrangements are approved by Auction Company.
REAL ESTATE AUCTION TERMS AND CONDITIONS: You must be registered to bid on Real Estate. A $5,000.00 (five thousand dollar) non-refundable deposit will be required only from the winning bidder upon the conclusion of the auction. A Full Deposit Refund will be returned to all other registered bidders. Deposit(s) must be in the form of cashiers check, or pre-approved check. A 10% Buyers Premium will be added to the winning bid to determine final contract price. Phone and Internet bidders welcome, but must be pre-registered with required $5,000 deposit amounts held in escrow. Contact Auction Company at 208-940-1527 for bidder deposit instructions by bank wire transfer. Closing to be within 30 days from date of auction. Both Seller and Auction Company must approve any closing extension. Acreage and sq. footage is approximate and not guaranteed. Property and tax parcel information detailed in the Property Information Packets has been obtained from Seller, County assessor's office and local Title Company. Information is believed to be reliable but must be verified by you the buyer. Buyers may contact their Broker or real estate agent to represent them on the purchase of this property. For additional Auction information contact John J. Nelson, Auctioneer 208-940-1527, e-mail jknelson@custertel.net , or listing agent, George Harkrader Mountain West Real Estate, 208-940-0097, georgeharkrader@mtnwestrealestate.com, Ester England, Broker, or your local real estate agent. Broker participation welcome and encouraged. You are urged to thoroughly inspect the property and complete your own due diligence before the auction. RESTRICTIONS: Subject to all City, County and State laws, ordinances and regulations and any easements encumbrances and restrictions applicable to the property. Seller is placing no restrictions on the property. Purchase and sale agreement: Will be completed at the close of the auction. REAL ESTATE BROKERAGE SERVICES DISCLOSURE: Open Buckle Auction Service is the Auction Company in this transaction and is representing the Seller. Auctioneer John J. Nelson, Open Buckle Auction Service is working in association with Mountain West Real Estate SPECIAL NOTES: All announcements by auctioneer take precedence over any and all printed advertising. All property is being sold "As-Is, Where-Is" with no warranty written or implied by Open Buckle Auction Service SPECIAL INSTRUCTIONS: Any special instructions must be written on sales contract on day of auction. CLOSING COSTS: Closing costs will be split by buyer and seller, except title insurance, which will be paid by the Seller. CLOSING LOCATION: To be decided by Buyer TITLE INSURANCE: Title insurance will be paid by the Seller. Any extended policy difference will be paid for by Buyer. TAXES: Taxes will be prorated to the day of closing. Buyers Premium: A 10% Buyer's Premium will be added to your final bid to determine the Final Contract Price on Real Estate and no Buyers Premium on Personal Property. TERMS: Deposits on day of auction must be in Cashiers check or pre-approved personal or business check, balance due at closing within 30 days of Auction date, unless other arrangements are approved by Auction Company and Seller. This transaction is not contingent on the Purchaser obtaining financing or upon any other event as specifically referred to in these Terms and Conditions. Liquidated damages: If Buyer chooses not to close within the stated time herein and no extension has been granted by the Seller, the Buyer will forfeit all of the deposit. If such action occurs, Open Buckle Auction Service has the right to disperse the deposit as stated in the listing agreement and the Buyer has no claims to such money or property being sold. Liquidated damages are to cover cost of auction, cost incurred by Seller, labor cost and additional cost of auction as not defined in this agreement. These liquidated damages do not restrict the Seller from suing the Buyer for performance damages and/or any additional damages the Seller suffers by the default of the Buyer. BACK UP BIDS: If you are not the successful bidder on the real estate, and wish to make a back up bid in case of default by the high bidder, please see our staff Sales Agent to fill out a back up bidder contract. ESCROW: All monies collected on sale day will be placed in an escrow account. Closing proceeds will be transferred to the escrow account of the closing agent as listed herein prior to closing. POSSESSION: Purchaser shall receive possession on day of closing. Closing date and move out day on home to be by mutual agreement between Buyer and Seller. Absolute Auction: Property sells to the highest bidder regardless of price, High Bidder wins. BIDDER'S DUTY TO INSPECT: All information published, announced or contained herein was derived from sources believed to be correct; however, it is not guaranteed by the Seller, the Auctioneers or any other person or entity. Personal on-site inspection of all property by potential bidders is strongly recommended. All sales are subject to the terms and conditions contained herein. The failure of any bidder to inspect, or to be fully informed as to the condition of the property, will not constitute grounds for any claim or demand for adjustment or withdrawal of bid, offer or deposit money after its opening tender. This includes but is not limited to public information such as easements, restrictions, zoning, right-of-ways, CC&R's or any other information that can be obtained as public record in the county courthouse or any municipal office concerning subject properties. Any and all announcements made from the auction stand take precedence over all other verbal, printed, announced and/or distributed information. Please note that you are bidding to purchase the property "As-Is, Where-Is with no guarantee or warranty. Open Buckle Auction Service is an agent of the Seller and their fiduciary duties of loyalty and faithfulness are owed to their client (the Seller). For additional Auction or Real Estate information contact: Auctioneer: John J. Nelson Open Buckle Auction Service 13 Miller Lane Salmon, Idaho 83467 208-940-1527 jknelson@custertel.net www.openbuckle.com Real Estate Listing Agent: George Harkrader Mountain West Real Estate 208-940-0097 georgeharkrader@mtnwestrealestate.com
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,750.00 250.00 USD
9,750.01 - 97,500.00 2,500.00 USD
97,500.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 10% Cash, check - 13% Credit /Debt
Payment Terms
Payment can be made in USD. Acceptable forms of payment are Cash, Cashiers Check, Postal Money Order, Guaranteed Personal Check, Credit Card, or PayPal.
Personal Property/Content Items can be picked up at the Live Auction site on July 22, 2017 after the item sells in the live auction. Items will be shipped to internet bidders, and absentee bidders within 14 days after the completion of the auction (Usually 3-5 business days). Buyers will be contacted and provided the shipping details and rate. All shipping is to be paid by the buyers through C.O.D. or by providing credit card information for payment at the time of shipping.