Name De Groot Home Auction Sheldon Iowa
Auctioneer DreamDirt Farm and Ranch Real Estate, LLC.
Type Live Webcast Auction
Date(s) 4/19/2018
4/19/18 @ 6:00PM CST
Preview Date/Time 3/24/18 9am-12pm 3/25/18 1pm-4pm 4/12/18 5pm-8pm
Checkout Date/Time 4/19/18
Location 250 N 9th Avenue
Sheldon, IA 51201
Buyer Premium Online bidders see Terms
Description
Auction Details Open House: 3/24/18 9am-12pm 3/25/18 1pm-4pm 4/12/18 5pm-8pm Live Auction: 4/19/18 @ 6 pm Agent Comments Darren and Amanda have found their Dream home in the country and will be relocating. They have decided to sell their home at public auction. This is a very nice family home with lots of space. If you are home shopping in Sheldon, Iowa be sure to come to the open houses to preview the home and visit with our agents about buying at auction. If you have never bought a home at auction you'll find the experience is actually very simple and you will find our staff will be very helpful and make sure you understand the process the entire way. There is no difference in buying a home at auction or listing, all things are the same. You can get a loan from a bank like you typically would but the terms and conditions will say "all bids are cash bids" This just means that you guarantee you will close, you guarantee you are pre-approved for a loan to use for the transaction. At the auction the auctioneer will call for bids and you will bid against other bidders. The first bid will be the lowest and bids will ascend from there. All of the auction bidding terms and conditions are the same thing for each bidder. The only thing that is negotiated at the auction is the price. The negotiation is accomplished by the bid calling of the auctioneer. The process may seem intimidating to you. If you like this home please be sure to participate and ask our staff questions now, during the preview or during the auction. We will make sure you are comfortable with the process and that you understand what is happening. Sale Method Live Auction Home Description 1,582 square foot 1 story frame home FHA-Gas Heat Finished Basement Built in 1976 5 Bedrooms Fireplace Cinderblock foundation Dishwasher Full Bath 2-Shower Stall Bath Attached Garage 21'x22' Central Air Wood Deck-16'x12' Building Description Metal Shed-10'x7' Legal Description LOT SIX (6) IN BLOCK TWO (2) OF GROOT'S FIRST ADDITION TO THE CITY OF SHELDON, AS SHOWN BY THE RECORDED PLAT THEREOF Possession At Closing Closing 30 days after the auction Taxes $3,274/Year Earnest Money $5000 Terms and Conditions Identification will be required to register to bid during this auction. Video and audio recording devices will be in use during the auction which may be broadcast via the Internet or used in other places. Bidding increments are at the sole discretion of the Auctioneer who may accept or reject any bid. Immediately upon conclusion of the auction the high bidder(s) will enter into a real estate contract and deposit with DreamDirt Farm and Ranch Real Estate LLC or other approved holding account the proper non refundable earnest deposit. The Seller(s) will provide a current abstract at their own expense. Sale is not contingent upon buyer financing, all bids are cash bids. This sale is subject to all easements, covenants, leases and restrictions of record. Buyers must do their due diligence prior to bidding. All property is sold on an "As is – Where is" basis with no warranties or guarantees, expressed or implied, made by the Auctioneer or Seller unless specifically stated. The seller reserves the right to accept or reject any and all bids. Winning bidder(s) acknowledges that they are representing themselves or have hired representation using their own financial means to complete the auction sales transaction. Any announcements made auction day by the Auctioneer will take precedence over any previous material or oral statements. The Auctioneer may accept absentee, phone or Internet bids from bidders who can not attend the auction or bid on behalf of the seller to advance toward any reserve. Bidding remotely does not guarantee anonymity. All decisions of the Auctioneer are final. The auction is open to the public contingent upon proper behavior. The Auctioneer may ask your to leave if your behavior is not in the best interest of the seller.
Terms and Conditions Identification will be required to register to bid during this auction. Video and audio recording devices will be in use during the auction which may be broadcast via the Internet or used in other places. Bidding increments are at the sole discretion of the Auctioneer who may accept or reject any bid. Immediately upon conclusion of the auction the high bidder(s) will enter into a real estate contract and deposit with DreamDirt Farm and Ranch Real Estate LLC or other approved holding account the proper non refundable earnest deposit. The Seller(s) will provide a current abstract at their own expense. Sale is not contingent upon buyer financing, all bids are cash bids. This sale is subject to all easements, covenants, leases and restrictions of record. Buyers must do their due diligence prior to bidding. All property is sold on an "As is – Where is" basis with no warranties or guarantees, expressed or implied, made by the Auctioneer or Seller unless specifically stated. The seller reserves the right to accept or reject any and all bids. Winning bidder(s) acknowledges that they are representing themselves or have hired representation using their own financial means to complete the auction sales transaction. Any announcements made auction day by the Auctioneer will take precedence over any previous material or oral statements. The Auctioneer may accept absentee, phone or Internet bids from bidders who can not attend the auction or bid on behalf of the seller to advance toward any reserve. Bidding remotely does not guarantee anonymity. All decisions of the Auctioneer are final. The auction is open to the public contingent upon proper behavior. The Auctioneer may ask your to leave if your behavior is not in the best interest of the seller. ©2016 DreamDirt Farm and Ranch Real Estate. We have obtained all disseminated information from sources we have deemed to be reliable but do not warranty or guarantee any information. It is possible that information has been omitted or reported to us in error. All lines drawn on maps are approximate. All acreages are stated as more or less. Representatives of DreamDirt Farm and Ranch Real Estate LLC may offer opinions based on the best information available at the time using assumptions and estimates but this does not guarantee any performance financial or otherwise. It is imperative that you rely on professional advice from legal, tax, financial or other advisors to make any decisions based on your own investigation.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 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 Online bidders see Terms
Payment Terms
$5000 down due the day of the auction, the balance due at closing.