Internet Bidders must Fill out and send in forms as stated below to have access to bid online. Internet Bidders: An 11% Buyer’s Premium will be added to final bid on each property to determine total contract price. Online Bidders will be required to sign Terms & Conditions, Bidder Registration Form, and Receivers Addendum A. Bidders will also be required to deposit $500 by wire transfer, cashier’s check or credit card no later than August 1st 2012 4:00pm Central Time to be allowed to bid. $500 bidder’s deposit will be credited to down payment if bidder is successful high bidder or returned in full if unsuccessful. Successful Internet Buyers will be required to execute and return an Offer to Purchase Contract on each property with wire transfer of the balance of the down payment no later than 3:00pm Central Time August 6th 2012. Terms of Purchase: All properties are offered and/or sold in AS-IS condition, free and clear of any and all liens or judgments. Seller only warrants good title and will not provide surveys. Seller will not provide GAP insurance. Seller to provide title insurance on total contract price; Buyer to pay all other closing costs (see Exhibit 2 for closing costs). Buyer will be required to pay a non refundable down payment ranging from $5,000-$15,000 (see Exhibit 1 for details). The balance of the total contract price is due and closing will take place within 45 days of auction at Chicago Title 20900 Swenson Dr. Suite 900 Waukesha, WI 53186. Inspections/Condition: Bidders acknowledge by their participation in the auction that they have had the opportunity to make any and all independent inspections of the properties prior to bidding and executing the Real Estate Offer to Purchase Contract. All property sold will be sold “AI-IS WHERE IS”-WITH ALL FAULTS with no contingencies. Bidders responsible for verifying all measurements, condo fees, taxes, special assessments, property condition, tenant leases, Rental Weatherization, environmental issues, and all other facts or statements regarding real property. THE PROPERTY, INCLUDING IT'S SOILS AND GROUND WATERS AND ALL IT'S BUILDINGS AND OTHER IMPROVEMENTS, IS SOLD IN IT'S PRESENT CONDITION AS-IS, WITHOUT ANY REPRESENTATION OR WARRANTIES OF ANY KIND EITHER EXPRESSED OR IMPLIED. BUYER HEREBY FOREVER AND IRREVOCABLY RELEASES ANY AND ALL CLAIMS AGAINST SELLER (Bank & Receiver) , AUCTIONEER(S), BROKER(S) RELATED TO THE PROPERTY, INCLUDING WITHOUT LIMITATION ANY CLAIMS BASED ON ANY ENVIROMENTAL LAW. Terms of Purchase: All properties are offered and/or sold in AS-IS condition, free and clear of any and all liens or judgments. Seller only warrants good title and will not provide surveys. Seller will not provide GAP insurance. Seller to provide title insurance on total contract price; Buyer to pay all other closing costs (see Exhibit 2 for closing costs). Buyer will be required to pay a non refundable down payment ranging from $5,000-$15,000 (see Exhibit 1 for details). The balance of the total contract price is due and closing will take place within 45 days of auction at Chicago Title 20900 Swenson Dr. Suite 900 Waukesha, WI 53186. Property will be offered as follows: All properties described and announced as “Absolute” will be sold to the highest bidder regardless of price; all properties described and announced as “Minimum Opening Bid” will be sold at or above the “Minimum Opening Bid”; all other properties will be sold subject to seller confirmation, confirmation to be within 48hrs of midnight date of auction. If bid(s) are rejected by seller, buyer(s) will receive full refund of down payment(s). All online sales of each property are being sold at 4747 S Howell Ave Milwaukee WI. And all Litigation to be done in Milwaukee County. All announcements: made by the Auctioneer(s) before or during the Auction will take precedence over all previously printed materials, electronic materials and any oral statements relating to the auction dated August 4th 2012.