Auction Solutions International

Auction Date: Saturday July 28, 2007

Auction located at: 5063 W. 600 N. — Huntington, Indiana 46750

Seller: Mr. and Mrs. Dwain Lange

Personal property and Real estate will be sold.

Personal property sale will begin at 11:00
Real estate will sell at noon.

This is a well maintained home in a beautiful setting. Hardwood floors, large living room with gas fireplace, 3 nice sized bedrooms and a full basement. The exterior is low maintenance and the furnace and water heater are newer. Offers will be considered prior to the auction.

Personal Property Includes:

• Lester Spinet Piano
• Lowery Organ
• Craftsman Garden Tractor
• Antique Corner Cabinet
• William A. Rogers Silver Tea Set
• Candle Wick Crystal Dishes – plates, cups, saucers, goblets
• Maytag Washer and Dryer
• Maytag Refrigerator
• Oak Desk
• Oak Dining Table
• Stained Glass Window
• Charbroil Gas Grill
• Sofa Bed
• Large Collection of Vinyl Records
• Miscellaneous Tools
• Miscellaneous Antiques

Terms and Conditions

TERMS: 10% down the day of Auction, balance due in full upon delivery of the merchantable title and deed free and clear of all liens and encumbrances except as stated herein and subject to easements or restrictions of record.

BUYER’S PREMIUM: A 6% Buyer's Premium will be added to the final bid price of the real estate and included in the total contract price. The seller will provide the buyer with a commitment of title insurance in the amount of the purchase price insuring the transfer and marketability of title. A 10% Buyer’s Premium will be added to the final bid price of the personal property. CASH OR CHECK WILL BE ACCEPTED FOR PAYMENT ON THE PURCHASE OF PERSONAL PROPERTY.

CONDITIONS: Bidding is not conditional upon financing. If financing is necessary it should be arranged prior to the auction. Buyer's obligation to purchase is not subject to financing or any other contingency.

TAXES: Buyer shall assume and pay real estate taxes due and payable in November, 2007

POSSESSION: Day of closing.

IMPROVEMENTS & FIXTURES: The Real Estate includes all improvements and permanent fixtures used in connection with it, now in or on the Real Estate.

SURVEY: Buyer may have a survey of the property prepared at Buyer's expense, but such survey shall not be a condition to the closing. Buyer acknowledges that Buyer is drawing solely upon Buyer's own judgment as to location, boundaries, area of the property and improvements thereon with no representations being made by Seller or its agents. The conveyance shall not be subject to any matters which are disclosed by a survey of the Property and any zoning or other statutes, ordinances, or regulations, and no representation or warranty is given as to zoning or any use of the property for any purpose.

AGENCY DISCLOSURE: Auction Solutions International and its agents are exclusive agents of the seller in this transaction.

DISCLAIMER & ABSENCE OF WARRANTIES: All information contained in the brochure and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. The property is being sold on an "AS IS, WHERE IS" basis and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the auction company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the seller or the auction company. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The seller and selling agents reserve the right to preclude any person from bidding if there is any question as to the person's credentials, fitness, etc. All decisions of the Auctioneer are final.

CLOSING: Balance of purchase price is due in cash at closing, which will take place within 30 days of proof of insurable title. The fee charged by any closing agent (including an attorney acting as a closing agent for either parties, or Buyer's lender acting in such capacity) for closing services shall be paid equally by the parties. Buyer will be responsible for paying a $195.00 transaction fee to be collected at closing.

NOTE: The successful bidder will be required to enter into a written agreement to purchase improved real estate contract irrevocable with earnest money deposited at the auction site immediately following the auction. By executing this agreement, buyer is making an offer to seller; buyer's offer expires at 11:59 P.M. (local time) _____August 1, 2007__________ unless seller timely accepts it.

THANK YOU for your interest in this offering. If you have any questions, please feel free to talk to one of our representatives.

STATEMENTS MADE THE DAY OF AUCTION TAKE PRECEDENCE OVER PREVIOUS PRINTED MATERIALS OR ANY ORAL STATEMENTS

Bidder Signature: ______________________________

Date:_______________________

Back to Top