| Name | Earnest T. Pickens Trust Real Esate Auction - House w/Sheds |
|---|---|
| Auctioneer | Schmid Auction & Realty Co. |
| Type | Online-Only Auction |
| Date(s) | 6/13/2022 - 7/12/2022 |
| STAGGERED/DYNAMIC CLOSING: The auction will begin Tuesday July 12th @ 5:00PM. The closing time of will automatically extend an additional 4 minutes whenever a bid is placed within the last 4 minutes of the lot closing. | |
| Preview Date/Time | Open House for Real Estate & Personal Property Monday, June 27th 2pm - 6pm |
| Checkout Date/Time | Auction company will call winning bidder to make an appointment to sign purchase agreements. 10% down payment will be held in an escrow account at the title company. |
| Location | 11091N 200th St. Wheeler, IL 62479 |
| Buyer Premium | 0% for real estate |
| Description |
STAGGERED/DYNAMIC CLOSING: The auction will begin Tuesday July 12th @ 5:00PM. The closing time of will automatically extend an additional 4 minutes whenever a bid is placed within the last 4 minutes of the lot closing.
Auction company will meet with the seller by appointment to get contracts signed and collect 10%. Down payment will be held at the title company in an escrow account.
Example on bidding. If a person puts a bid of $1000.00 and the 2nd place bidder places a bid $800. It will raise the person with the high bid to $850.00. It will not automatically take a person to the highest bid they have submitted.
|
Auction Terms & Conditions Zero Buyer Premium on real estate
Earnest T Pickens Trust Real Estate Auction
11091N 200th St.
Wheeler, IL 62479
THIS IS AN INTERNET ONLY AUCTION: Real Estate and all items sell as is, where is with all faults or flaws. Items sell with no warranty stated or implied.
Land offered by the tract (not by the acre) No Buyer Premium
STAGGERED/DYNAMIC CLOSING: The auction will begin Tuesday July 12th @ 5:00PM. The closing time of each of the real estate will automatically extend an additional 4 minutes whenever a bid is placed within the last 4 minutes of the lot closing.
Open House: Monday June 27th 3pm-6pm
Example on bidding. If a person puts a bid of $1000.00 and the 2nd place bidder places a bid $800. It will raise the person with the high bid to $900.00. It will not automatically take a person to the highest bid they have submitted.
Bid Increments will be $100.00
AGE REQUIREMENT: All bidders must be at least 18 years of age to purchase. No buyer's premium on the real estate auction.
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Terms Of Use
Seller User Terms
Bidder User Terms
Seller User Terms
Bidder User Terms
Your bid must adhere to the bid increment schedule.
| Bid Amount | Bid Increment |
|---|---|
| 0.00 - 100.00 | 100.00 USD |
| 100.01 - 1,000.00 | 100.00 USD |
| 1,000.01 - 10,000.00 | 100.00 USD |
| 10,000.01 - 100,000.00 | 100.00 USD |
| 100,000.01 - 9,999,999.99 | 100.00 USD |
| Currency | USD |
|---|---|
| Buyer Premium | 0% for real estate |
| Payment Terms |
We will contact the winning bidder to meet and do paper work.
|
Off St Rt. 33 east of Dieterich and west of wheeler go south on N 2000th St. 2.4 miles.
