ONLINE LAND AUCTION: Williamson County IL 2.28 Acre Lakefront Lot / (2723A)

Williamson County| ONLINE CLOSES: Thur, Aug 5 | Lot | 2.28 Acres| Creal Springs IL

ONLINE LAND AUCTION: Williamson County IL 2.28 Acre Lakefront Lot

Bidding Closes Thursday, August 5, 2021 at 8:00 p.m. CST

Property Inspection: By Appointment - Call Auctioneer/Broker Don Bailey at 618-919-1031

Property Address: Lot 23 Sunset Lake Estates, Enyen Hausen Road, Creal Springs IL

Property is offered as 1 tract, no divisions. $500 bid increments.

DESCRIPTION

2.28 acre lakefront lot located on lake just North of Palzo IL and SE of Marion IL. One of a few chances to own a lakefront lot.

There is water and electric along the front of the property. Sewer is private and to be approved by the county.

TERMS AND CONDITIONS

NO BUYER'S PREMIUM.

YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING.

SALE IS SUBJECT TO THE CONFIRMATION OF THE SELLERS.

Property is offered as 1 tract, no divisions. $500 bid increments.

PROCEDURE: Property is offered as 1 tract.

SHORT LEGAL: Section 10, T10S-R4E.

TAXES: $11.40 - Pro-rated to closing date.

PARCEL #: 12-10-176-003.

SURVEY: No survey.

MINERAL: Any mineral owned will transfer, if any.

CONTRACT AND DOWN PAYMENT: Contract for purchase to be signed within 24 hours of close of auction. A 10% down payment of the total contract purchase price will be due immediately after being declared the winning bidder. The down payment may be paid in the form of personal check, wire transfer, business check or cashier's check and received within 3 business days. Earnest check to be made to Buy A Farm Land & Auction Co. Trust Account. The balance of the contract purchase price is due at closing.

TITLE: Sellers shall furnish the Buyer(s) at Seller's expense marketable title in the form of Title Commitment, Title Insurance, a proper deed conveying merchantable title to the real estate to the buyer(s) and tax transfer stamps.  Buyer will pay the deed recording and fees associated with mortgage/financing. Title companies closing fee will be split equally by Buyer & Seller.

CLOSING: Closing shall occur within 45 days or as soon thereafter as applicable closing documents are completed. Seller shall pay for recording release from any mortgage. Buyer shall pay for recording the deed of conveyance from Seller and any mortgage title insurance charges. Any closing costs not herein provided for shall be borne by Buyer. Seller shall cause the Closing Statement to be delivered to Buyer at or before the closing.

POSSESSION: At closing subject to any property subdivision regulations.

The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed the owners or Buy A Farm Land & Auction Co. LLC. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Real estate is being sold "As Is, Where Is".

Any bid placed inside 5 minutes will extend the auction bidding another 5 minutes. This will continue until there are no more bids.

AUCTIONEER: Donald Bailey, IL Lic #441.002325

Property Map

Lot 23 Sunset Lake Estates, Enyen Hausen Road, Creal Springs, IL