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.
Auction Terms & Conditions 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 --------------------------------------------------------------------------------------- Sebae Data Solutions, Inc. SERVICE TERMS AND CONDITIONS ACCEPTANCE OF TERMS Sebae Data Solutions, (the makers of Auction Flex & HiBid (formerly Bidopia) hereafter referred to as "Sebae"), provides its service to you, subject to the following Terms & Conditions ("TAC"), which we may update from time to time without notice to you. The most current version of the TAC can be found found at any time by visiting the link: http://www.auctionflex.com/showtandc.ap USE AND REGISTRATION Our services are available only to, and may only be used by individuals who can form legally binding contracts under applicable law. Without limiting the foregoing, our services are not available to children (persons under the age of 18) or to temporarily or indefinitely suspended members. If you are under the age of 18, you can use this service only in conjunction with, and under the supervision of your parents or guardians. If you do not qualify, please do not use our service. 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The HWS provides various features including internet absentee bidding, internet-only auctions, and webcast auctions.  The HWS is able to changes its appearance to coincide with the website that it is powering. Accordingly, the HWS powers the www.hibid.com website as well as numerous Auction Flex customer websites. This ability to change appearance is a feature of the HWS. Much like internet merchant account providers can host a secure web page for a vendor to easily process payments, the HWS hosts certain portions of the auctioneer's website to easily enable advanced features such as internet bidding.  INTERNET ABSENTEE BIDDING Internet absentee bidding allows you to place a bid for an item in advance of an auction. This allows you to place bids on lots without actually attending the auction. INTERNET-ONLY AUCTIONS Internet only bidding allows you to place a bid for an item prior to the auction lot closing online. In an internet-only auction there is no live auction. 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Prior to approval the auctioneer may contact you to determine your credit worthiness. If the auctioneer approves your bid, the auctioneer will then process your bid in accordance with their terms and conditions. Should your bid for a lot prove successful, the auctioneer may contact you to arrange for payment & shipping (if applicable). If the auctioneer required registration via a credit card, the auctioneer reserves the right to process your winning bids to the credit card provided during registration. Sebae, through the Auction Flex & HiBid products & services, facilitates the internet bidding process between the Auctioneer & the bidder. Sebae is in no way a party to the transaction. Because Sebae is not a party to the transaction, you accept that you will have no claim or cause of action against Sebae in respect of the sale (or non-sale) of any Lot. 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Sebae makes no warranties or representation of any kind or nature with respect to Lots (including but not limited to representations or warranties as to the accuracy of description, genuineness, quality, authorship, attribution, provenance, period, culture, source, origin or safety). If you have any questions, e-mail the Auctioneer directly. In particular, make sure that you understand the Auctioneer's payment terms and shipping terms. BIDDING The Service requires you to login with your username and password prior to placing a bid on a Lot. Making bids with false information or with stolen credit card information is prohibited and illegal. Your user name and password are required in order to place internet bids. Making bids in a false name or with an invalid or stolen credit card is prohibited. Each bid carries the computer coding of the Internet provider which allows the individual user to be traced and Sebae may at its discretion release this information to enable legal action to be taken. Sebae may, in its entire discretion, refuse or remove bids where it suspects that bids contravene this prohibition. By placing a bid, you are making a binding and irrevocable offer to purchase the Item at any price up to the maximum bid amount you submit. If you win, you must complete the transaction, subject to any contractual right or other right at law to rescind the contract in certain circumstances. Failure to complete transaction without lawful reason is not only a breach of your contract with the Seller but also a breach of this User Agreement. The amount bid can be increased but cannot be decreased. The auctioneer may, at their discretion, allow you to withdraw and resubmit a bid in the case of bids containing an obvious typographical error. 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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.