Important Announcements: Real Estate is selling subject to owner confirmation. More...
As set forth in further detail in the Auction Real Estate Purchase Agreement, the Real Estate is subject to the Minnesota Common Interest Community Act, Minnesota Statutes 515B and acts amendatory thereto, by the Restated Declaration for Wildwood Meadow Townhomes (CIC 273), a planned community, dated May 2, 2006, filed May 5, 2006 as Document Number A1098842 by Declarant, Wildwood Meadows, Inc., a Minnesota corporation, and is subject to the terms, conditions and provisions of said act and restated declaration. Buyer acknowledges receipt of the restated declaration, the articles of incorporation, bylaws and any amendments to those documents, that it has had the opportunity to review said documents and that it has completed its own due diligence and inquiry into the status of the Association. Signed form must be on file with Auction Company.
AUCTION MANNER OF SALE: Auction is being conducted online only. Bidding ends Tuesday, August 26 at 4PM CDT. $20,000 Minimum Certified Deposit due within 48 hours of auction date. If the Deposit is less than 20% of Purchase Price, an additional deposit is due bringing full deposit amount to 20% of the Total Purchase Price within 48 hours of the auction. Signed Sales Contract is due within 12 hours of the sale. Buyer acknowledges that it has had the opportunity to review all Declarations and Association documents and has completed its own due diligence with regard to the Declarations and the status of the Association. Balance due at closing within 30 days. To obtain a Bidder's Kit, please contact the auction company at (507) 285-1444.
Contact Maas Companies direct at 507-285-1444 with regard to the Declarations and the status of Association. All bidders must review documents and sign a Bidder Acknowledgment form stating all documents have been reviewed, prior to being granted bidding privileges.
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Special Terms
1. All property is sold "AS IS", and ALL SALES ARE FINAL. Selling Subject to Owner Confirmation. As set forth in further detail in the Auction Real Estate Purchase Agreement, the Real Estate is subject to the Minnesota Common Interest Community Act, Minnesota Statutes 515B and acts amendatory thereto, by the Restated Declaration for Wildwood Meadow Townhomes (CIC 273), a planned community, dated May 2, 2006, filed May 5, 2006 as Document Number A1098842 by Declarant, Wildwood Meadows, Inc., a Minnesota corporation, and is subject to the terms, conditions and provisions of said act and restated declaration. Buyer acknowledges receipt of the restated declaration, the articles of incorporation, bylaws and any amendments to those documents, that it has had the opportunity to review said documents and that it has completed its own due diligence and inquiry into the status of the Association. Signed form must be on file with Auction Company. Subject to Prior Sale. Property is open to thorough public inspection. It is the Bidder's responsibility to determine condition, age, genuineness, value or any other determinative factor. Maas Companies Inc and/or Seller may attempt to describe the Real Estate in advertising, on the internet and for the auction but makes no representations. In no event shall Maas Companies Inc and/or Seller, be held responsible for having made or implied any warranty of merchantability or fitness for a particular purpose. Bidder shall be the sole judge of value.
2. All internet Bidders agree to pay a buyer's premium equal to Ten Percent 10% of the hammer price of item. Sales tax may apply. Buyer's with exemption status must document this at or before registration.
3. Maas Companies Inc and/or Seller will not be responsible for any errors or omissions in the description of the Real Estate. ACCURACY OF DESCRIPTION NOT GUARANTEED, ALL ITEMS SOLD AS-IS WHERE IS WITH NO WARRANTIES OR GUARANTEES, EXPRESSED OR IMPLIED.
4. Maas Companies Inc and/or Seller, is providing internet bidding as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of the auction. Under no circumstances shall Bidder have any kind of claim against Maas Companies Inc and/or Seller, or anyone else if the internet service fails to work correctly before or during the auction. Maas Companies Inc and/or Seller will not be responsible for any missed bids from any source. Internet bidders who desire to make certain their bid is acknowledged should use the proxy-bidding feature and leave their maximum bid 24 hours before the auction ends.
5. Maas Companies Inc and/or Seller may withdraw any item before or during the auction.
6. Minimum Certified Deposit due within 48 hours of auction date. If the Deposit is less than 20% of Purchase Price, an additional deposit is due bringing full deposit amount to 20% of the Total Purchase Price within 48 hours of the auction. Signed Sales Contract is due within 12 hours of the sale. Balance due at closing within 30 days. Buyer acknowledges receipt of the restated declaration, the articles of incorporation, bylaws and any amendments to those documents, that it has had the opportunity to review said documents and that it has completed its own due diligence and inquiry into the status of the Association. Signed form must be on file with Auction Company.
7. Maas Companies Inc and/or Seller may refuse a buyer's number to anyone for any reason. Bidder agrees to provide any identification Maas Companies Inc and/or Seller may request including but not limited to: drivers license, photocopies of credit cards, Social Security card or Passport. Bidder agrees to comply with any stated additional terms or conditions associated with particular items.
8. We want you to be happy with your purchases. If you have questions about the merchandise the time to ask questions is well in advance of the live auction. No returns are allowed. Thank you for your patronage.
REAL ESTATE TERMS: 10% Buyer Premium. Attorney Courtney Strean, Stephenson, Sanford, Pierson & Thone, PLC, is overseeing the closing; Attorney Jim Ohly, Ohly Law (507) 289-4529, is closing agent. Online Bidding Opens, Tuesday, August 19 at Noon. Online Bidding Ends, Tuesday, August 26 at 4PM CDT. Real Estate is Selling Subject to Owner Confirmation. Subject to Prior Sale. Real Estate is selling AS-IS, WHERE IS, WITH NO WARRANTIES OR GUARANTIES EXPRESSED OR IMPLIED. See Bidder Kit for complete terms. In all transactions, Auctioneer is acting as an Agent for the Seller. All information received from reliable sources believed to be correct but not guaranteed by auction company. Any announcement made by the auction company takes precedence over printed materials.
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