Tract 1 is an offering of a beautiful 2.068 acre building lot that overlooks a 3.419-acre pond (Tract 4) that can be purchased in combination with Tract 1. Tract 1 can be purchased by itself or in combination with any or all tracts in this auction.
Sales Method: The property will be offered in 7 tracts, individually and then in combination. There will be opening bidding on the individual tracts, then proceeding to multiparcel bidding format, bidders will be able to combine eligible tracts. Tract 4 must be purchased by an adjoining property owner or in combination with either tracts 1,2, or 3. Bidders will be able to increase their bids on any tract or eligible combination until the auctioneer announces the tracts are sold.
Down Payment: 10% down payment on the day of the auction. The down payment must be by personal check, business check, or cashier’s check.
Financing: Bidders’ must have their financing arranged prior to the auction. No bids are conditional upon financing.
Absentee and phone bids: ALL absentee and phone bidders must register with Dye Real Estate and Land Company prior to the auction. Anyone bidding on behalf of an absentee bidder will be equally responsible for the bid and required to enter into a contract to purchase at the end of the auction.
Auction Dispute: If any dispute arises between or among bidders, the decision of the Auctioneer shall be final and absolute.
Online Bidders: All online bidders must be registered prior to the day of the auction.
TECHNOLOGY DISCLAIMER: Dye Real Estate and Land Co., L.L.C., its affiliates, partners and vendors, make no warranty or guarantee that the online bidding system will function as designed on the day of sale. Technical problems can and sometimes do occur. If a technical problem occurs and you are not able to place your bid during the live auction, Dye Real Estate and Land Co., L.L.C., its affiliates, partners and vendors will not be held liable or responsible for any claim of loss, whether actual or potential, as a result of the technical failure. I acknowledge that I am accepting this offer to place bids during a live outcry auction over the Internet in lieu of actually attending the auction as a personal convenience to me.
Property Inspection: Potential purchasers are responsible for conducting their own inspection of the property and any due diligence, inquiries, and inspections will be conducted at their own risk. Seller and real estate company disclaims any and all responsibility for the bidder’s safety during any physical inspection of the property.
Acceptance of Bids: Any and all successful bidders will be required to enter into a purchase agreement with the seller immediately following the sale, seller may be signing the contract(s) electronically. All final bids are subject to the seller’s confirmation. This offer will remain irrevocable and available to the seller for 5 business days after delivery of this offer to the sellers, its counsel, or Agent.
Evidence of title: Dye Real Estate and Land Company will provide a preliminary title opinion, certificate, or report to be made available to prospective bidders for review prior to bidding. The certificate is given for the protection of Dye Real Estate and Land Company only. No other person or entity may rely on the opinion expressed herein; nor is any liability assumed by the certification except to. If any buyer elects to purchase title insurance, the cost thereof will be at buyer’s sole expense. Seller will convey title free and clear of liens, but otherwise subject to all easements and matters of record. All tracts are being sold “AS IS”.
Deed: Seller to provide a general warranty deed.
Deed Restrictions: By bidding at this auction the purchaser agrees to the deed restrictions that will be placed on each tract. A copy of those restrictions are available for purchaser to view prior to the auction.
3143 E US Hwy. 36
Urbana, Ohio 43078