There will be a 10% buyer’s fee . Example of how a buyer's fee works: If the buyer’s fee
is 10% then 10% will be added to the bid price to arrive at final purchase price. Example:
Bid Price $100,000 plus $10,000 (10% buyer’s fee) equals purchase price of $110,000. If
the buyer's fee is a different amount, use that percentage in place of 10%.
Each property is offered under the specific terms provided in the purchase contract. Please
read and review the contract thoroughly prior to bidding on any property. The purchase
contract includes this Addendum “A” Online Auction Terms and Conditions. If you have
not read and reviewed the Purchase and Sale Contract- Do Not Bid.
Terms: 10% non-refundable earnest money in the form of a certified check, cash or wire
transfer within 24 hour of the close of auction, with the balance of purchase price due at
closing. Purchaser shall be responsible for all wire transfer fees. Closing will be within 30
days. This online only auction is a cash sale not contingent on or subject to financing,
appraisal, survey or inspections of any kind, as agreed to by bidders at registration prior
to bidding and specified in the attached Contract for Sale of Real Property.
Auction End Times: LaCount Auctions LLC Online Only Auctions are timed events and all
bidding will close at specified time. LaCount Auctions LLC Online Only Auctions also have
an auto extend feature. If there are any bids placed in the final 10 minutes of an auction,
the auction ending will be automatically extended 10 minutes from the time the bid was
placed. Example: if an auction scheduled to close at 6:00 receives a bid at 5:59, the close
time will automatically extend 6:09.The auto extend feature remains active until no
further bids are received within a 10 minute time frame. Auction company employees
and/or the auction company may bid on auction items.
Acceptance of Bid Prices: Successful bidder(s) will be required to enter into a purchase
agreement immediately following the close of the auction. LaCount Auctions LLC will
e-mail documents to be executed and faxed or e-mailed back to LaCount Auctions LLC
within 24 hours of the end of the auction. Unless the auction is noted as "SELLING
ABSOLUTE", the seller has the right to accept or reject the final bid. Bidder(s) will also
sign an agency disclosure as well as a property condition report and lead based paint
disclosure which all buyers will waive the right for an inspection post sale. Successful
bidders not executing and returning contracts with earnest money deposit within 24 hours
will be considered in default. Any and all inspections that a buyer may want must be done
at buyer’s expense prior to auction. This includes the 10 day inspection period for lead
based paint in single family homes built prior to 1978.
Evidence of Title: Seller shall provide an owner’s title insurance policy in the amount of the
purchase price purchased from Title Insurance provider selected by the seller.
Deed: Seller shall provide a warranty deed.Possession: Possession at closing. No exceptions.
Real Estate Taxes: All taxes will be prorated to day of closing using previous year’s tax
amount.
Easements: Subject to any and all easement of record.
Zoning: This property is subject to all state and local zoning ordinances.
Acreage: Parcel dimensions and acreages are based on legal descriptions.
Bidder Verification: The identity of all bidders will be verified, bidding rights are
provisional, and if complete verification is not possible, LaCount Auctions LLC will reject
the registration, and bidding activity will be terminated. The seller and selling Agents
reserve the right to preclude any person from bidding if there is any question as to the
person’s credentials, fitness, etc. Bidders agree to keep their username and password
confidential as they are responsible for ANY and ALL activity involving their account.
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.
Agency: LaCount Auctions LLC and its representatives are agents of the Seller.
Buyer’s Agency: All buyers are responsible to notify auctioneers of any potential buyer’s
agency contracts in place before registration and bidding on the auction and no later than
24 hours prior to auction close.
NEW DATA, CORRECTIONS, AND CHANGES: Please review prior to scheduled auction
time to be aware of any changes, corrections, or additions to the property information.
Disclaimer & Absence of Warranties: All information in regards to this auction are subject
to the terms and conditions outlined in the purchase agreement. The property is being sold
on an “AS IS, WHERE IS” basis, and no warranty or representation either expressed or
implied, concerning the property is made by the seller or the auction company. All sketches
and dimensions in the brochure are approximate. Each potential bidder is responsible for
conducting his or her own independent inspections, investigations, inquiries, and due
diligence concerning the property. The information contained in this brochure is subject to
verification by all parties relying on it. No liability for its accuracy, errors, or omissions is
assumed by the seller or the auction company. Conduct of the auction and increments of
bidding are at the direction and discretion of the auctioneer. All decisions of the auction
company are final. Any dispute between auctioneers and buyers will be dealt with through
arbitration in Brown County, Wisconsin. By bidding on the property at auction, buyer
agrees to all terms and conditions set forth as well as those set at beginning of the auction.
Each buyer is responsible to conduct their own due diligence on the property before
bidding.
We gather aggregate information from this web site which may include but is not limited
to: number of page visitors, most visited pages, any and all correspondence. By agreeing
to these terms, you give LaCount Auctions LLC permission to send marketing emails to the
email address on the account.
David LaCount 920 621-4834
Bidding Increments:
$0-24 is $1
$25-100 is $2
$100-500 is $10
$500-1500 is $25
$1500-5000 is $50
$5000-10,000 is 100
$10,000-30,000 is $250
$30,000-200,000 is $500