TERMS:

he auction will be conducted on location at 3221 S. Brotherton Street and will sell to the highest bidder. There is a 10% non-refundable earnest money deposit due from the winning bidder on the day of the sale. The seller will pay the fall 2021 tax bill and the buyer will be responsible for paying the spring 2022 tax bill and the taxes due thereafter. Any costs associated with the provision of title insurance and title search will be at the expense of the seller. The buyer will be responsible for any costs associated with obtaining funds to close the transaction. The closing fee charged by the title company will be split 50/50 between the buyers and the sellers. The property will sell in AS-IS condition. Bidding is not contingent upon inspection or financing. Closing of this transaction will take place within 35 days of the conclusion of the auction. The seller has the right to accept or reject any and all bids.