Residential Auction, Chadron, NE
Selling On Our
UNRESERVED ONLINE AUCTION
June 11, 2024
Bidding opens May 28, 2024, and ends June 11,2024, at 11:00 a.m. MDT
Description: This Residential Property is being sold due to the Owner’s ongoing Medical Challenges and recent Retirement. This home is 648 sq. ft. and prepped for a remodel it has excellent rental property revenue potential. The home has 2 bedrooms, 1 bath, and electric heat in Chadron, NE. There is a fenced yard with an 8’ x 12’ storage shed. The lot is 50’ x 150’ and has an off-street cement parking space.
The bidding increments will be $1,000. Real Estate Agent reserves the right to adjust bidding increments.
Plan to Attend the Informational Meeting & Auction:
Casey Peterson Ltd.
(Conference Room)
201 Main
Chadron, NE 69337
BigIron Realty Agents will be at the Casey Peterson Ltd. Conference Room in Chadron, NE, on June 11, 2024, from 9:00 a.m. until the conclusion of the online auction. Please come during the times scheduled to discuss the property. BigIron Realty Representatives will be there to assist buyers with registering to bid online. You do not have to be present to bid online, but you are required to be available by phone.
BIDDING PROCESS: You may place bids on this home for 14 days beginning May 28, 2024, and ending June 11, 2024, at 11:00 a.m. MDT. This unreserved online auction features bidding extensions. The closing time will be automatically extended when a bid is received in the last 5 minutes and will close when there is no bid for 5 minutes. NOTE: Do not wait until the day the auction closes to register to bid online. All bidders must be approved to bid, so register at least 24 hours prior to the auction close or call 800-887-8625 for assistance.
Legal Description: Block 20, Lot 4, Addition OT, City of Chadron, Dawes County, NE.
2022 Taxes: $977.66
Address: 350 Mears Street, Chadron, NE 69337
Title Services: Dawes County Abstract & Title, Inc.
Brad Otte (605) 685-5716
Terms: The successful buyer will be required to enter into a written purchase agreement immediately after the sale with a 10% non-refundable down payment to be payable to the Title Company. The earnest deposit can be made by a personal check, company check, or by wire transfer. The balance will be due at closing on or before July 11, 2024. The seller will provide marketable title to the buyer evidenced by title insurance; the title insurance and owners’ policy premium will be paid by the seller, and lender fees will be paid by the buyer. The 2023 real estate taxes will be paid by the seller and the 2024 taxes will be paid by the buyer. Property will not be sold subject to financing. Bidding increments may be changed at the discretion of the Real Estate Agent. Please have all financial arrangements made prior to the auction. The written purchase agreement, to be signed by the seller and buyer after the auction, is the sole and controlling document of this sale and supersedes any and all other terms whether verbal, written, expressed or implied and shall be the sole and controlling document for this real estate transaction. BigIron Realty is working for the seller.