Terms and Conditions

Auction conducted by:
Matt Ramsey Auctions
600 W. Main Street
Newcastle, WY 82701

Legal Description
A TRACT OF LAND WITHIN THE NWNE OF SECTION 9, T46N, R63W DESCRIBED AS FOLLOWS: STARTING AT THE SOUTHEAST CORNER OF BLOCK 4 OF THE OSAGE TOWNSITE, OSAGE, WESTON COUNTY, WYOMING, RUNNING THENCE 250 FT NORTH, & 100 FT EAST; THENCE 250 FT SOUTH; THENCE 100 FT WEST TO THE POINT OF BEGINNING; CONTAINS 0.574 ACRES, MORE OR LESS

-The property will be sold at Public Online Only Auction ending September 22, 2022 at 1:00 PM (with a soft close) Subject to Sellers Approval. Property sells as-is with no warranties expressed or implied.
- A 2% Buyers Premium (based on the final bid) will be added to the final bid and charged to the buyer, the final bid plus the 2% buyer's premium will establish the final sales price.
-Seller will convey the property free and clear of all liens and encumbrances except as specified in the Title Commitment (provided by the Seller)
- Property taxes will be prorated through day of closing.
- Buyer will execute an Auction Real Estate Sales Contract at the conclusion of the auction, additionally, Buyer will deposit irrevocable earnest money in the amount of 15% of sale price (including buyers premium) into Ramsey Real Estate Trust. The earnest money will be applied to the purchase price at closing.
- Closing shall be on-or-before October 24th, 2022. Buyer shall pay the recording costs of the deed, any courier fees on behalf of Buyer and 1/2 of the escrow closing fees.
- Possession will be granted on day of closing.
- Registration for bidding will be through Matt Ramsey Auctions Online Portal: https://ramseyauctions.hibid.com/ A Credit Card will be required to register to insure the integrity of the bidders(a one-dollar charge is placed on your card and returned shortly thereafter).
- There is no pre-qualification letter or letter of credit required to bid on this auction, but it is expected that you have your financing in place.
- Bidding for this auction will begin on September 19th, 2022 at 10:00 am MDT and will begin closing at 1:00 pm MDT on Septmeber 22, 2022.
- Bidding will be "Fixed/Flat" style. Meaning, your bid is actually what you will pay (as opposed to a Max bid style where the computer bids "up to" your amount when others bid against you).
- This auction will utilize a "soft close" - this means that if a bid is placed in the last 5 minutes of the auction, an additional 5 minutes will be added to the auction.
- In the case of a tie bid, precedence is given to the earliest bid.
- All announcements made up to final close of the Auction bidding take precedence over all advertising, oral or printed material.
- Property sells as-is with no warranties expressed or implied.
- Matt Ramsey Auctions and Ramsey Real Estate and their representatives are exclusive agents of the Seller.

Great opportunity in small town Osage, Wyoming! Situated on .57 of an acre, this home has four bedrooms, two bathrooms, two large living areas and a very large kitchen with sunroom off the front! This home needs attention but could make a beautiful family home. This property is selling by online only auction. The east decks encroach on the neighbors property line, PLEASE REFER TO BOUNDARY SURVEY INFORMATION for details. THE ADJOINING PIE PIECE SHAPED LOT ON THE SURVEY IS NOT INCLUDED IN THIS AUCTION. Neighbor has expressed willingness to sell the adjoining property. Please give us a call with any questions. Matt can be reached at (605) 431-9330 and Briana at (208) 598-3595.