BIDDING OPEN NOW!
Selling with NO MINIMUM * NO RESERVE
Parcel #4 BANK OWNED:
601 Pipeline Rd. Hillsboro, IL 62049
- Candidate for complete remodeling - PROPERTY HAS A MOLD ISSUE!
- Corner Lot on Hwy 16 and Pipeline Rd.
- Lot Size: 50ft X 126ft
- Beautiful Trees and Shrubs
- 1,656 sf
- 3 Bedroom, 2.5 Bath
- Flooring: Carpet, Tile, Vinyl
- Heat: Natural Gas
- Air Conditioning: Window Unit
- Rear Deck
- Front Porch
- Concrete Block Foundation
- Low Maintenance: Vinyl Siding
- Aluminum Gutters and Downspouts
- Casement Windows
- Partial Basement (414sf)
- Drop Stair Attic
- Utilities: Public Electricity, Water, Sewer, Gas
- Good Sized Storage Shed
PLEASE NOTE: IT HAS RECENTLY BEEN DISCOVERED THAT THERE IS A BOUNDARY DISPUTE WITH THE PROPERTY OWNERS OF LOT NEXT DOOR ON WHICH THERE IS A GARAGE. WE DO NOT YET HAVE ANTHING DOCUMENTED, BUT ARE AWARE THAT THERE IS SOME DISPUTE AS TO THE PROPERTY LINES.
IT IS NECESSARY THAT YOU BE AWARE OF THIS WHEN BIDDING.
WE HAVE ADDED A NEW "SELLER’S DISCLOSURE STATEMENT" PAGE TO THE "FILES" SECTION TO REFLECT THIS.
PLEASE CLICK ON THE "FILES" TAB TO VIEW THIS STATEMENT.
2010 Taxes Paid in 2011: $1,599
IT IS NECESSARY THAT YOU BE AWARE OF THIS WHEN BIDDING.
WE HAVE ADDED A NEW "SELLER’S DISCLOSURE STATEMENT" PAGE TO THE "FILES" SECTION TO REFLECT THIS.
PLEASE CLICK ON THE "FILES" TAB TO VIEW THIS STATEMENT.
2010 Taxes Paid in 2011: $1,599
VIEW THIS PROPERTY: OPEN HOUSE - MONDAY, DECEMBER 12th at 12:00 NOON
The winning bidder will be required to place a $2,500 earnest money deposit on this property, which will be held in escrow until closing.
Closing will be within 30 days of the date of the auction.
Please see all of the terms of this sale by clicking the "Terms" link at the upper left.
Although potential bidders are required to register with a credit card to prove identity, earnest money can be paid by check according to the terms. The Buyer will have 30 days to close the property just as in any other real estate closing. Please call if you should need clarification on the registration or bidding process.
The Seller’s Disclosure Statements regarding this property can be viewed
by clicking the "FILES" tab at the upper left.
These are provided for Informational Purposes Only as this is an
"As-Is, Where-Is", no-contingency Sale.
.ONLINE AUCTION TERMS <br>
<br>
PLEASE READ AND REVIEW THE REAL ESTATE TERMS THOROUGHLY PRIOR TO BIDDING ON ANY PROPERTY. IF YOU HAVE NOT READ AND UNDERSTAND THESE TERMS, DO NOT BID. BY BIDDING ON THE PROPERTY, BUYER AGREES TO ALL TERMS AND CONDITION SET FORTH.<br>
<br>
There is a 6% Buyer's Premium added to the final bid price to establish the contract price. <br>
<br>
UPON CONCLUSION OF THE AUCTION: The successful bidder will immediately be emailed a Real Estate Contract to print and required to be fully and correctly completed and properly signed without any modifications. The contract will have already been signed by the Seller as this auction is ABSOLUTE. <br>
<br>
The winning bidder will sign the real estate contract and fax or deliver it to Aumann Auctions, Inc. by 12:00 PM the following day. The winning bidder will be required to place a non-refundable $2,500.00 bid deposit, which will be held as earnest money in escrow until closing and that earnest money deposit will then be credited to the buyer as part of the purchase price of the property. Wire transfer instructions will also be emailed to the winning bidder along with the sales contract immediately following the conclusion of the auction. Purchaser shall be responsible for all wire transfer fees. Successful bidder not executing and returning the contract and the earnest money deposit by 12:00 PM the following day will be considered in default. <br>
<br>
REAL ESTATE TERMS: The closing will take place within 30 days from the date of the auction and as specified in the Contract for Sale of Real Estate. As with any traditional real estate transaction, the entire purchase price must be paid by cashier's check, certified check, or wired funds at closing. All taxes will be prorated to the day of closing. <br>
<br>
NO CONTINGENCIES: This online only Real Estate contract is not contingent on or subject to Buyers financing, appraisal, survey or inspections of any kind or any other contingencies as agreed to by bidders at registration prior to bidding. <br>
<br>
TITLE: Buyer is entitled to and the Seller will provide clear, insurable title for property upon full payment.<br>
<br>
ZONING AND EASEMENTS: Property is subject to any and all easements of record. Property is subject to all state and local zoning ordinances.<br>
<br>
ACREAGE AND AERIAL PHOTOS: Parcel dimensions and acreages are based on legal descriptions. Aerial photos are for illustration purposes only and not surveyed boundary lines.<br>
<br>
AGENCY: Aumann Auctions, Inc. is the Agent and Representative of the Seller. <br>
<br>
CONDITION OF PROPERTY: Property is sold 'AS IS, WHERE IS' condition and neither Aumann Auctions, Inc, the Sellers nor their representatives, agents, or employees make express or implied warranties or representations of any kind. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property prior to bidding on the subject property. The information contained in the brochure and on the website is subject to verification by all parties relying on it. All sketches and dimensions in the brochure are approximate. No liability for its accuracy, errors, or omissions is assumed by the Seller, Aumann Auctions, Inc. or their Agents or Representatives. Buyer and or Bidder agrees to hold harmless and indemnify Aumann Auctions, Inc. and their Agents and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc.<br>
<br>
DISCLAIMER: All information included herein was derived from sources believed to be correct, but is not guaranteed. NEW DATA, CORRECTIONS, AND CHANGES: Please check for updated information prior to scheduled auction time to inspect any changes,<br>
corrections, or additions to the property information.<br>
<br>
DISPUTES: Any dispute between Aumann Auctions, Inc or the Sellers or their Agents or Representatives and the Buyer(s) will be dealt with through arbitration in Montgomery County, IL or tried in a court of jurisdiction in Montgomery County, Illinois.<br>
<br>
BIDDING/REGISTRATION INFORMATION<br>
Bidder Verification: The entry of your credit card information is for identification purposes. The identity of all bidders will be verified, bidding rights are provisional, and if complete verification is not possible, Aumann Auctions, Inc. will reject the registration, and bidding activity will be terminated. The Seller and Aumann Auctions, Inc. reserve the right to preclude any person from bidding if there is any question as to the person's credentials, mental fitness, etc. Bidders agree to keep their username and password confidential as they are responsible for ANY and ALL activity involving their account. If the registered bidder's user name is offensive to Aumann Auctions, Inc, then Aumann Auctions, Inc. reserves the right to delete the bidder from bidding. When using the web site you must obey any and all local state and federal laws. Violations will result in termination of web site use privileges.<br>
<br>
MAXIMUM BID: When you bid your maximum bid, the current bid price does not automatically advance to your maximum bid. Another bidder has to bid to increase the current price and the computer will automatically bid up to your maximum in the increments specified. <br>
<br>
AUCTION END TIMES: Aumann Auctions, Inc. online only auctions are timed events and all bidding will close at specified time. However, our auctions also have what is called an 'Auto Extend' feature. Any bid placed within the final 10 minutes of an auction results in the auction automatically extending 10 additional minutes. The bidding will extend in 10 minute increments from the time the last bid is placed until there are no more bids, and the lot sits idle for 10 minutes. Therefore, the auction will not close until all bidding parties are satisfied and no one can be outbid at the last seconds without having another opportunity to bid again. <br>
<br>
TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software, internet or any other online auction-related technologies, Aumann Auctions, Inc. reserve the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE nor AUMANN AUCTIONS, INC. SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by Aumann Auctions, Inc.<br>
<br>
Conduct of the auction and increments of bidding are at the direction and discretion of Aumann Auctions, Inc. Aumann Auctions, Inc. reserves the right to reject any and all bids for any reason and also reserves the right to cancel this auction, or remove any item or lot from this auction prior to the close of bidding. All decisions of Aumann Auctions, Inc. are final.
<br>
PLEASE READ AND REVIEW THE REAL ESTATE TERMS THOROUGHLY PRIOR TO BIDDING ON ANY PROPERTY. IF YOU HAVE NOT READ AND UNDERSTAND THESE TERMS, DO NOT BID. BY BIDDING ON THE PROPERTY, BUYER AGREES TO ALL TERMS AND CONDITION SET FORTH.<br>
<br>
There is a 6% Buyer's Premium added to the final bid price to establish the contract price. <br>
<br>
UPON CONCLUSION OF THE AUCTION: The successful bidder will immediately be emailed a Real Estate Contract to print and required to be fully and correctly completed and properly signed without any modifications. The contract will have already been signed by the Seller as this auction is ABSOLUTE. <br>
<br>
The winning bidder will sign the real estate contract and fax or deliver it to Aumann Auctions, Inc. by 12:00 PM the following day. The winning bidder will be required to place a non-refundable $2,500.00 bid deposit, which will be held as earnest money in escrow until closing and that earnest money deposit will then be credited to the buyer as part of the purchase price of the property. Wire transfer instructions will also be emailed to the winning bidder along with the sales contract immediately following the conclusion of the auction. Purchaser shall be responsible for all wire transfer fees. Successful bidder not executing and returning the contract and the earnest money deposit by 12:00 PM the following day will be considered in default. <br>
<br>
REAL ESTATE TERMS: The closing will take place within 30 days from the date of the auction and as specified in the Contract for Sale of Real Estate. As with any traditional real estate transaction, the entire purchase price must be paid by cashier's check, certified check, or wired funds at closing. All taxes will be prorated to the day of closing. <br>
<br>
NO CONTINGENCIES: This online only Real Estate contract is not contingent on or subject to Buyers financing, appraisal, survey or inspections of any kind or any other contingencies as agreed to by bidders at registration prior to bidding. <br>
<br>
TITLE: Buyer is entitled to and the Seller will provide clear, insurable title for property upon full payment.<br>
<br>
ZONING AND EASEMENTS: Property is subject to any and all easements of record. Property is subject to all state and local zoning ordinances.<br>
<br>
ACREAGE AND AERIAL PHOTOS: Parcel dimensions and acreages are based on legal descriptions. Aerial photos are for illustration purposes only and not surveyed boundary lines.<br>
<br>
AGENCY: Aumann Auctions, Inc. is the Agent and Representative of the Seller. <br>
<br>
CONDITION OF PROPERTY: Property is sold 'AS IS, WHERE IS' condition and neither Aumann Auctions, Inc, the Sellers nor their representatives, agents, or employees make express or implied warranties or representations of any kind. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property prior to bidding on the subject property. The information contained in the brochure and on the website is subject to verification by all parties relying on it. All sketches and dimensions in the brochure are approximate. No liability for its accuracy, errors, or omissions is assumed by the Seller, Aumann Auctions, Inc. or their Agents or Representatives. Buyer and or Bidder agrees to hold harmless and indemnify Aumann Auctions, Inc. and their Agents and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc.<br>
<br>
DISCLAIMER: All information included herein was derived from sources believed to be correct, but is not guaranteed. NEW DATA, CORRECTIONS, AND CHANGES: Please check for updated information prior to scheduled auction time to inspect any changes,<br>
corrections, or additions to the property information.<br>
<br>
DISPUTES: Any dispute between Aumann Auctions, Inc or the Sellers or their Agents or Representatives and the Buyer(s) will be dealt with through arbitration in Montgomery County, IL or tried in a court of jurisdiction in Montgomery County, Illinois.<br>
<br>
BIDDING/REGISTRATION INFORMATION<br>
Bidder Verification: The entry of your credit card information is for identification purposes. The identity of all bidders will be verified, bidding rights are provisional, and if complete verification is not possible, Aumann Auctions, Inc. will reject the registration, and bidding activity will be terminated. The Seller and Aumann Auctions, Inc. reserve the right to preclude any person from bidding if there is any question as to the person's credentials, mental fitness, etc. Bidders agree to keep their username and password confidential as they are responsible for ANY and ALL activity involving their account. If the registered bidder's user name is offensive to Aumann Auctions, Inc, then Aumann Auctions, Inc. reserves the right to delete the bidder from bidding. When using the web site you must obey any and all local state and federal laws. Violations will result in termination of web site use privileges.<br>
<br>
MAXIMUM BID: When you bid your maximum bid, the current bid price does not automatically advance to your maximum bid. Another bidder has to bid to increase the current price and the computer will automatically bid up to your maximum in the increments specified. <br>
<br>
AUCTION END TIMES: Aumann Auctions, Inc. online only auctions are timed events and all bidding will close at specified time. However, our auctions also have what is called an 'Auto Extend' feature. Any bid placed within the final 10 minutes of an auction results in the auction automatically extending 10 additional minutes. The bidding will extend in 10 minute increments from the time the last bid is placed until there are no more bids, and the lot sits idle for 10 minutes. Therefore, the auction will not close until all bidding parties are satisfied and no one can be outbid at the last seconds without having another opportunity to bid again. <br>
<br>
TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software, internet or any other online auction-related technologies, Aumann Auctions, Inc. reserve the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE nor AUMANN AUCTIONS, INC. SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by Aumann Auctions, Inc.<br>
<br>
Conduct of the auction and increments of bidding are at the direction and discretion of Aumann Auctions, Inc. Aumann Auctions, Inc. reserves the right to reject any and all bids for any reason and also reserves the right to cancel this auction, or remove any item or lot from this auction prior to the close of bidding. All decisions of Aumann Auctions, Inc. are final.