***Place your bid amount in the 'Maximum Bid' box, then enter your bid # and password at the bottom of the page. Call Albrecht Auction if you need assistance placing your bid @ 989.823.8835.
For Information about the Parcels please call the listing broker, Brian Wallace w/ Berkshire Hathaway HomeServices of Gaylord @ 989.858.5426.
Feel free to walk the property any time! ***

Category: BIDDING INFO AND TERMS OF SALE (13 records) June 5th (Tuesday) - Real Estate Auction - Building Sites in Gaylord, MI - BIDDING OPENS MAY 23RD AND CLOSES TUESDAY, JUNE 5, 2018 @ 5:00 P.M.
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Item Photo Description
9000 T_onlinebidding.jpgONLINE BIDDING: All bidding will be done Online and is open to the public @ Anyone can watch the bidding throughout the 7-day auction period. Bidders will be required to register for a bidder number unless they are already a current online registered bidder @ Albrecht Auction reserves the right to call a bidder at anytime during the auction to question the person’s credentials. Albrecht Auction reserves the right to reject a bid/bidder if believed to be in the best interest of the Seller.
9001 T_refresh.jpgOn the final day of the Auction the time remaining will appear to the right of each item along with a 'Refresh Button' When the items are about to start closing: BE SURE TO HIT THE 'REFRESH' BUTTON OFTEN FOR THE MOST UP-TO-DATE BIDS!
9002 T_bidderpacket.jpgBIDDER INFO: Tax Info, Title Work, Etc.!
9003 T_bidextend.jpgBIDDING EXTENSION: If there is Bidding Activity on an Item in the Last 10 Minutes before the Item Closes, Bidding Time will be Extended for 10 minutes. Bidding will Close on Each Item when there is no more bidding activity within the bidding extension (the bidding time 'countdown' is shown next to the bidding box on the last day of the Auction, When bidding is extended, the countdown clock turns Red.).
9004 T_acceptanceofbid.jpgACCEPTANCE OF BID: The Seller has the right to a 48 hr. confirmation period to accept the offer following the auction. The high bidder will be called during the 48 hr. period following the auction to make arrangements to sign the purchase agreement.
9005 T_phonebidding.jpgPHONE BIDDING: This is an Online Auction but buyers can place bids over the phone w/ Albrecht Auction if they prefer. Call for Details 989.823.8835 and ask for Dave Albrecht.
9006 T_inspection.jpgINSPECTION: Feel free to walk the property anytime!
9007 T_premiumandearnest.jpg3% BUYER'S PREMIUM AND EARNEST MONEY DEPOSITS: A 3% buyer’s premium with a $200 minimum and a $1,000 maximum will be added to the final bid price and become part of the purchase price. This buyer’s premium will be added to the high bid and charged as a transaction fee to the buyer at closing. EARNEST MONEY DEPOSITS: : The successful bidder must deposit with Berkshire Hathaway HomeServices Michigan Real Estate as soon as the offer is accepted $500 per parcel. The deposits will apply to the purchase price at closing. Your bidding is “NOT” subject to obtaining financing. Deposits are non-refundable, so make sure your financing is arranged or you are capable of paying cash at closing.
9008 T_closing.jpgCLOSING AND POSSESSION: : The closing will be handled by Title REsource Agency. The successful bidder will be required to sign the purchase agreement immediately upon acceptance of offer. The earnest money deposit will be held by the title company. Closing to be approx. 45 days following the auction or as soon thereafter as applicable closing documents have been completed. POSSESSION: Possession will be at closing.
9009 T_title.jpgTITLE INSURANCE: Seller shall provide an Owner’s Policy of Title Insurance to the purchaser.
9010 T_Terms.jpgTERMS: Cash or Conventional Mortgage at closing. Selling with no contingencies.
9011 T_taxes.jpgPROPERTY AND TRANSFER TAXES: :Property taxes will be current and prorated to day of closing per local custom. Any special assessments will be current to the date of closing and assumed by buyer. State and County Transfer Taxes will be paid by the Seller.
9012 T_agency.jpgAGENCY: Albrecht Auction Service, L.L.C. and Berkshire Hathaway HomeServices of Gaylord are Exclusive Agents of the Seller. Albrecht Auction’s sole responsibility in this transaction is to offer the bidding platform software and to assist people in the bidding process. All inquiries about the properties and signing of the purchase agreement will be through the listing broker Brian Wallace with Berkshire Hathaway HomeServices of Gaylord, MI @ 989.858.5426.

Auction Warehouse / Main Office
875 State Rd, PO Box 50
Vassar, MI 48768
Phone: 989.823.8835
Fax: 989.823.2543

Auction Center
3960 W Saginaw Rd
Vassar, MI 48768
Phone: 989.823.8835