Place your bid amount in the 'Maximum Bid' box, then enter your bid # and password at the bottom of the page. Call if you need assistance placing your bid @ 989.823.8835.

Call for an appointment to view this property – 989.823.2550 Ask for Dave or Drew!

Category: BIDDING INFO AND TERMS OF SALE (15 records) October 2nd (Tuesday) - 60 Acres of Prime Frankenmuth Land! - BIDDING OPENS 9/25 AND CLOSES TUESDAY OCTOBER 2, 2018 AT 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 any time 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 PACKET: Information Available Online Including: Title Work, Property Tax Info, Plat Map. Call Dave for Additional Information @ 989-823-2550!
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 following the auction to determine a time to meet 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 have made prior arrangements. You can also make arrangements to bid on our computers at the office in Vassar on Tuesday, October 2nd while the Auction is closing at 5:00 p.m. Call for Details 989.823.2550 and ask for Dave or Drew.
9006 T_inspection.jpgINSPECTION: Call for an appointment to view this property – 989.823.2550 Ask for Dave or Drew!
9007 T_premiumandearnest.jpg3% BUYER'S PREMIUM AND EARNEST MONEY DEPOSITS: A 3% buyer’s premium will be added to the final bid price and become part of the purchase price. EARNEST MONEY DEPOSITS: : After the offer is accepted by the Seller, the successful bidder must deposit within 24 hours the earnest money deposit in the form of personal or business check, cashier’s check or certified check in the following amount: 10% deposit of high bid. 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 Mid State Title, Vassar, MI. 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 of the homes and buildings will be 30 days after 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.
9011 T_acreage.jpgACREAGE AND SURVEY: All acreages, dimensions and proposed boundaries are based on aerial maps and current legal description. SURVEY: If a survey is performed by the Buyer and acreage amounts change, it will not affect the sale price. The land is being sold by the parcel, not by the acre.
9012 T_rights.jpgDIVISION RIGHTS & MINERAL RIGHTS AND EASEMENTS: All division rights (splits) will transfer to the buyer. All mineral rights owned will transfer to the buyer. EASEMENTS: Sale of property is subject to any and all easements of record.
9013 T_taxes.jpgPROPERTY AND TRANSFER TAXES: : Property taxes will be prorated to day of closing per local custom. State and County Transfer Taxes will be paid by the Seller.
9014 T_agency.jpgAGENCY: Albrecht Auction Service, L.L.C. and its representatives are Exclusive Agents of the Seller.

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