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Fax: (309) 674-8940 email: cottenauctions@aol.com |
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AUCTION |
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View or print the sale day catalog 1-page PDF file opens in new window |
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Terms of Sale on Real Estate: An earnest money deposit in the amount of 10% of the selling price will be required on day of sale, and the balance will be due in cash or guaranteed funds at closing within 30 days. The successful bidder will pay a 10% Buyer Fee in addition to the bid price on the real estate, and the Buyer Fee will be added to the bid price to arrive at the total selling price in the contract of sale. Title will be conveyed by Executor's deed subject to all restrictions, reservations, easements of record, and zoning laws, but free of encumbrance except for taxes for 2007 and subsequent. Sellers will furnish a guaranty title policy in the amount of the purchase price. Taxes will be prorated to date of closing. Possession will be at closing. The successful bidder will enter into a contract of sale at the auction sale. The contract will not be contingent upon financing. A copy of the sales contract will be posted on the premises for review before the auction sale. The sale is subject to the confirmation of the Seller. The sale is further subject to the confirmation of the Circuit Court. There may be additional terms in the Contract of Sale. The property is being sold in an "as is" condition. Any announcements made day of sale will take precedence over prior advertising and printed matter. To Inspect the Property: Contact the Auctioneer. If you have any questions, please call Joe Cotten at 309.686.0558 anytime. |
| By registering to bid
at this auction, you will be agreeing to the following
Terms of Sale:
Cash payment in full day of sale, in the form of U.S.
currency, or guaranteed funds in the form of cashier's checks or
certified checks, or by wire transfer to Auctioneer's escrow account.
Personal or company checks must be accompanied by bank letter
guaranteeing payment if you are unknown to us. We do not accept credit
cards or debit cards at this time. We no longer accept
"convenience" checks drawn on credit cards since our bank will not
process them. All items are sold "as is" and "in place" and "with
all faults". No property is to be removed until paid for in full. Please
settle with the cashier within 15 minutes after the close of the sale.
The Auctioneer and Owner or their designee reserve the right to add to,
split, bunch up, withdraw or delete lots, or bid on Owner's or lien
holder's behalf during the course of the auction sale. Sales tax will be
charged where applicable. Leased items, if any, are sold subject to
Lessor's approval. More detailed terms may be listed in auction day
catalog.
A 10% Buyer Fee will be added
to all purchases. |
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Fax: (309) 674-8940 email: cottenauctions@aol.com |
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Cotten Commercial Auctioneers, Inc. Registered Illinois Real Estate Broker Corp. Illinois License #444000115 |
Cotten Real Estate Established 1950 |
Cotten Commercial Auctioneers, Inc. Indiana License #AC30300095 |
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Joe Cotten - Registered Illinois Auctioneer License #441000209 and Real Estate Broker *Peoria's only licensed Auctioneer with a Real Estate Broker License |
Cotten Auctions Established 1978 |
Joe Cotten - Registered Indiana Auctioneer License #AU10300141 |