ABSOLUTE ONLINE ONLY LAND AUCTION

Please read terms & conditions in full.  Acceptance of terms & conditions is required to bid.  Accepting & bidding in this auction means that you have read, understand, and will follow all terms & conditions. 

This is an absolute, online only auction. No reserve - This property will sell regardless of price.

The terms and conditions of the sale of each property to be sold at auction shall be governed by the terms of the purchase and sales agreement to be executed by successful bidder at the auction. The following information is presented solely for the purpose of providing a summary of the basic terms and conditions of the auction, for specific information relative to each property the real estate broker should be contacted to obtain copies of the form of purchase and sales agreement. A copy of the purchase contract & disclosures can be found in the documents section of the listing.

Information provided is based upon the best information available at the time of preparation and may not depict the current condition of the property. All acreage figures and drawings are approximate.  Seller, Broker and Auctioneer assume no liability for the information accuracy, errors, or omissions. Interested parties will need to complete their own research on all zoning & development regulations via the Defiance City Engineer’s office - 419-784-2249.

Property is sold as is, where is. All properties are selling subject to easements, leasehold interests, mineral and/or oil and gas interests, right-of-ways, and building, use and zoning restrictions, if any. Bidders should inspect property and review all pertinent documents and information available as each bidder is responsible for evaluation of the property and shall not rely upon the Seller, Broker, or Auctioneer.

Multi-par bidding method will be used. The online system will allow bidders to place bids on individual tracts, in combinations or as a whole. Buyer will be required to enter into a cash purchase contract that is not contingent upon financing. Be sure to have your financing secured before the auction.  5% non-refundable down payment due by 2 pm ET on June 21, 2024. Balance due at closing on or before 30 days. Closing to be held at Pontiac Title in Defiance, OH. 

Drawings and aerial diagrams are approximate and not considered a survey of the subject property. Survey, if needed, will be paid by seller based on advertised tract layouts. If buyer changes the layout in any way, buyer will be responsible for those survey costs. 

1. REGISTRATION:
ONLINE BIDDERS: Bidders must enter a valid Visa, MasterCard, Discover, or American Express card along with required contact information. There will be a $1.00 charge to your card for verification that will be refunded. Your credit card will NOT be charged if you are a winning bidder. 

2. BIDDING ERRORS: We will not reverse bids that have caused another bidder to be outbid. Please be aware that many bidders routinely increase their own bid to price an item out of reach of other bidders. You should immediately review your bid before it is submitted. If you bid on the wrong item, we will not reverse your bid. We will not reverse bids after the auction has begun to close, no exceptions.

3. BIDDING PROCEDURE: There is no max bid feature for this auction.  The bid you enter will become your current bid. There is no per acre bidding, the bid you place will be a lump sum for the entire acreage of the selected tract(s).

4. AUCTION CLOSING (ONLINE ONLY AUCTIONS): All lots/tracts will remain open until all bidding is complete. Extended bidding will be activated whenever at bid is placed with less than 3 minutes left on the countdown clock.  When a bid is place with less than 3 minutes left on the countdown clock, the clock with reset to 5 minutes. If you have been outbid, you will be notified by email up to the time that the auction begins to "close".

5. WARRANTY & CONDITION OF ITEMS SOLD: All items are sold "AS IS, WHERE IS, with NO WARRANTY expressed or implied. Descriptions are believed to be accurate but not guaranteed. United Edge Real Estate & Auction Co, LLC is not responsible for the use or misuse of items, infestation and pathogens, environmental harm or any injury or harm caused by items purchased.

6. BUYER DEFAULT: If a bidder(s) defaults at an auction, the auction company may, at its option, contact the backup bidder(s) for an offer but has no legal obligation to do so.

7. CHOOSE WISELY: We want everyone to get a good deal, and most will. However, when you bid on the wrong item or decide an item is not suited for your intended use, our Seller(s) are not willing to assume the cost of your mistakes. When in doubt about condition, completeness or suitability for intended use, please bid accordingly.

8. PRIVACY: United Edge Real Estate & Auction Co, LLC will not sell bidders information. Bidders who register consent to be contacted or emailed auction notifications for all United Edge Real Estate & Auction Co, LLC auction events. To be removed from our database, reply with "remove" in the subject line of the email. You do not need to subscribe to our email list if you are a registered bidder. If you wish to re- subscribe, simply enter your email into the "subscribe email field" at our website. NOTE: NEVER GIVE YOUR PASSWORD AND BIDDER NUMBER OUT TO ANYONE. IF YOU FORGET REGISTRATION INFORMATION, CLICK ON THE "REGISTER" TAB AND FOLLOW THE DIRECTIONS FOR A LOST PASSWORD.

9. LIMITATIONS: The above-stated terms and conditions of sale cannot be altered except in writing by the auction company. Terms and conditions may change from auction to auction and are agreed to electronically by bidders upon registration. Terms and conditions are designed as general guidelines and may not cover every possible scenario. United Edge Real Estate & Auction Co, LLC is not responsible for the fraudulent or unauthorized use of your bidder number and bidding account. Bidders are responsible for the security of same. If you feel someone may possess this information, it is suggested that you change your password immediately. Buyers agree that they have reviewed and agree to all terms and conditions of the auction. These terms and conditions constitute an enforceable and binding electronic agreement upon their electronic acceptance by the Bidder. Online auctions is conducted via the website entitled https://unitededgeue.com, United Edge Real Estate & Auction Co, LLC. 153 N Michigan Ave, Edgerton OH 43517 – 419-298-1100 – info@unitededgeue.com

5% non-refundable down payment due by 2 pm ET on June 21, 2024.

Balance due at closing on or before 30 days. Closing will take place at Pontiac Title in Defiance, OH.