Bidding Notice: 10% buyer's premium. Buyer must pay $5,000 down as earnest money and sign a noncontingent offer to purchase within 24 hours of the close of the auction. Auction Terms 1. Successful bidder will sign a standard Offer to Purchase form within 24 hours of the close of the auction. Offer will be a cash offer with no contingencies of any kind. 2. A 10% buyer's premium will be added to the high bid to determine the actual sales price. 3. Earnest money shall be $5,000 and will be collected within 24 hours of the close of the auction. If the high bid is accepted, the earnest money will be applied toward the purchase price. If the bid is not accepted, the earnest money will be returned to the buyer. 4. The offer is subject to approval of the owner, who will have until August 19, 2022. The seller may accept, reject, or counter today's high bid. 5. This offer may not be rescinded prior to Midnight of August 19, 2022. 6. In the event of a counter-offer, today's high bidder will be given the first opportunity to accept any counter offer. 7. The buyer is purchasing the property in its "AS IS" condition with all its faults. No warranties are made as to the electrical systems, mechanical systems, structural soundness, well, septic system (if any) or any other aspects regarding the property. Buyers shall rely entirely on their own inspections of the property and the records. 8. The property is bank owned. A Real Estate Condition Report has not been and will not be provided, the buyer is purchasing the property in its "AS IS" condition. 9. If the offer is accepted, closing will take place on or before September 21, 2022. 10. Real estate taxes will be prorated at the time of closing based on the 2021 taxes. 11. The well is not in working order and buyer accepts the property this way. 12. There is no title to the mobile home and buyer accepts the property this way.