|Name||#1 FAIRLAND REAL ESTATE AUCTION|
|Auctioneer||JB Robison Auctioneers|
|Date(s)||2/11/2021 - 2/25/2021|
|ONLINE ONLY BID NOW AUCTION CLOSES AT 6:00 PM, THURSDAY, FEBRUARY 25TH, 2021|
|Preview Date/Time||THURSDAY, FEBRUARY 18TH, 5:00 TO 7:00 pm|
|Checkout Date/Time||CLOSING ON OR BEFORE MARCH 25TH, 2021|
|Location|| 209 S COLLINS
FAIRLAND, OK 74343
|Buyer Premium||10% Buyer's Premium|
Online Only Auction! SELLING REAL ESTATE! Bid Online Now at JBRauctions.com Real Estate Auction Closes at 6PM, Thursday, Feb 25th 209 S Collins, Fairland, OK Buy At The Price YOU Set! REAL ESTATE: 75'x142.5' Lot - 1994 28'x52', 1,456 SF, Modular Home - 3 Bedroom, 2 Bath - Master Bedroom Has Garden Tub & Shower, Walk-In Closet - Utility Room - Central H&A Has Been Replaced - New Metal Roof & Vinyl Siding - 16'x16' Deck - Concrete Storm Cellar - 8'x12' Storage Building - Current Taxes: $215.70 - VIEWING: Thursday, Feb 18th, 5 - 7 PM. BASIC REAL ESTATE TERMS: Starting Bid: $25,000.00. The Starting Bid is not a statement of value or minimum acceptable selling price made by the Seller or the Auctioneers. We publish a Starting Bid to answer the question we are asked the most "Where Are You Going to Start the Bidding?". Buyer's Premium: 10% Buyers Premium shall be added to the amount of the High Bid to establish the final contract price. This is an Online Only Auction: All bidding shall be conducted Online. If you are unable to bid online contact J.B. at 918-256-5524 and either place an absentee bid or arrange for phone bidding during the Auction closing. Soft Closing. When the bidding starts to close online if anyone places a bid during the last two minutes the bidding shall be automatically extended an additional two minutes. Please Note: We strongly recommend that Bidders do not wait until the last 10-20 seconds to place their bids. We have had Bidders with slow internet providers wait until the very last seconds to bid and due to their poor internet service, their bids were not acknowledged in time. There is nothing we can do to cure this situation the problem is on the Bidders end, not ours - do not hesitate,,,, Bid! Escrow & Closing Agent: $2,000.00 Shall be placed in Escrow upon confirmation, February 26th, the day following the Auction by delivery of check or electronic bank transfer to the Photo Abstract & Title Co. Miami, OK who shall serve as the Escrow & Closing Agent. Closing: Balance at Closing on or before Thursday, March 25th, 2021 or at a time agreeable by both parties. Seller to Provide: Abstracts to Date showing marketable title, title insurance commitment, warranty deed & documentary stamps. Inspections: Property sells by legal description in its present "as-is" condition. Prospective Bidders are encouraged to perform any inspections of the property they desire at their expense prior to the Auction! Taxes: Prorated to closing date. Closing Fee: Buyer pays closing fee to Photo Abstract, Miami, OK. Broker Participation Encouraged - Call for Information! QUESTIONS? J.B. Sr. at (918) 256-5524 THIS IS AN INTERNET AUCTION: The Online Auction Program utilizes a "Soft Close" - If a Bid is placed within the last two minutes the Bidding is extended for an additional two minutes - this eliminates "snipe bidding" in the last seconds. Fair to all! We advise you to Bid Early - Bid Often - and the best bet is to make use of the "Maximum Bid" option. The program will bid for you automatically up to the maximum you are willing to pay - it is secure - no-one knows what your maximum bid is - and it will keep you in the running!
|Bid Amount||Bid Increment|
|0.00 - 250,000.00||250.00 USD|
|250,000.01 - 9,999,999.99||10,000.00 USD|
|Buyer Premium||10% Buyer's Premium|
$2,000.00 Shall be placed in Escrow upon confirmation, Friday, February 26th, the day following the Auction by electronic bank transfer to the Photo Abstract & Co. Miami, OK who shall serve as the Escrow & Closing Agent. Balance at Closing on or before March 25th, 2021 or at a time agreeable by both parties.