Auction Terms:
Proprieties being sold as is with no warranty as to condition
10% buyers premium will be added to the bid for the total contract price. Successful bidders will post $10,000 binder deposit for the rentals, $5000 for the vacant lot. Closing fee will be split equally between buyer and seller. Seller will place doc stamps on deed, and provide title policy. Buyer will pay recording fee. Rents and taxes will be prorated through the day of closing.
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Betty Schaller Reinink
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