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Bidder Registration: Although there is no obligation to bid, all prospective buyers MUST register to bid at www.lampionline.com. For assistance in registering or placing bids
call Lampi Auctioneers 320-274-SOLD(7653)
Downpayment: $5000 non-refundable down payment for winning bidder. Cash, personal, & company checks or certified funds will be accepted. Balance in full due at closing. Buyers to have financing
arrangements made prior to bidding on the auction with no contingencies of any kind accepted in the purchase agreement.
Closing: Within 45 days after the auction at a title company to be determined, quick close possible
Buyer’s Premium: An 6% buyer’s premium will be added over and above the high bid. This will equal the contract price. Example: Total Bid price: $200,000.00 plus 6% buyer’s premium equals a purchase price of $212,000.00.
Failure to close by the Buyer: If for any reason you are unable to complete the transaction, your down payment money will be forfeited.
Title: This property will be sold free & clear from any & all liens & encumbrances, but subject to any zoning, environmental, or other municipal, federal & state laws, easements, rights of way or other
matters of record. Buyer to accept property in as-is condition.
Seller & Auctioneers Disclaimer: All announcements and updates made by the auctioneer on the website, shall take precedence over any previously written material or oral statements made. Conduct of the auction, increments of the bidding & decisions as to the high bidder will be at the direction & sole discretion of the auctioneer. The information contained in this brochure is subject to the inspection & verification by all parties relying on it; no guarantee, expressed or implied, is given of the information contained in the brochure. No liability for its accuracy, error or omissions is assumed by the owners or the agents. Property sells in “as is” condition. Buyer will sign an as-is addendum. Sale is subject to seller’s confirmation.
Agency Disclosure: Lampi Auctioneers Inc. represents the seller in this real estate transaction.
Lampi Auctioneers reserves the right to hault the bidding at anytime to clarify any issues during the bidding process. Please call our office if you have any confusion bidding on the property. 320-274-5393
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