TERMS:

Property: 43527 Eli Gap Rd - Polson, MT 59860

Lake County, Montana

AUCTION DETAILS

• The property will be offered at Public "Online - Internet Auction", ending August 13, 2025 @ 6:00 PM MDT
• The property will be sold subject to seller's confirmation (sells with reserve).
• Property sells As-Is with no warranties expressed or implied
• The auction is Subject to prior sale (the property can be purchased prior to the end of the auction)
• The seller reserves the right to cancel the auction at any time prior to the final bid closing

BUYER'S PREMIUM

• An 11% buyer's premium will be added to the final bid and charged to the buyer. The final bid plus the 11% Buyer's premium will establish the final sales price.

PAYMENT TERMS

• A down payment of $20,000 must be paid by the successful bidder by direct wire transfer within 24 hours of acceptance of the auction contract by the sellers. Down payment will be payable to Flying S Title and Escrow. The down payment deposit will be non-refundable; your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing. The balance of the purchase price will be due via a wire transfer to the closing company, on delivery of insurable title on or before September 19, 2025 at 1:00 PM MDT
• A promissory note will be signed along with the down payment.
• Final closing is NOT contingent upon financing.

TITLE AND CLOSING

• The property will be conveyed by a Warranty Deed
• The seller agrees to furnish buyer(s) with an owner's policy of Title Insurance Policy at closing.
• Real Estate Taxes: the taxes will be prorated to the day of closing.
• Closing:
• Closing shall take place at the office of: Flying S Title and Escrow, 210 2nd Street East, Polson, MT 59860, (406) 883-5258, nwmt@fste.com
• Closing fee will be paid by the buyer.
• Closing will be held on or before September 19, 2025 at 1:00 PM MDT
• A $250.00 transaction fee will be charged to the buyer at closing

POSSESSION AND EXECUTION

• Possession will be granted at final closing.
• The successful Bidder shall execute electronically an "Auction Real Estate Sales Contract" for the property immediately after being declared the Successful Bidder by the Auctioneer.

DUE DILIGENCE AND INSPECTIONS

• Each potential Bidder is responsible for conducting at their own risk, their own independent inspections, investigations, and due diligence concerning the property.
• Further; Property sells as-is with no warranties expressed or implied

REPRESENTATION

• United Country Real Estate | Montana Properties and United Country Real Estate | Coffey Realty & Auction and their representatives are exclusive agents of the Seller.
• All announcements made up to the final close of the Auction bidding take precedence over all advertising, oral or printed material.

DISCLAIMERS

• All information was gathered from reliable sources and is believed to be correct as of the date this brochure is published; however, the seller or auctioneers have not independently verified this information. Auction plats and drawings are not to be relied on and are for representation purposes only. Its accuracy is not warranted in any way. There is no obligation on the part of the sellers or auctioneer to update this information.

PROPERTY DETAILS

Acreage: 20.09 acres
County: Lake County, Montana
Listing Price: No posted asking price

SALE SITE: Internet Only

VIEWING INSTRUCTIONS:

·      Preview Dates/Times – Tuesday, July 22^nd at 5pm and Saturday, August 2^nd at 1pm

·      Contact Margaret Prosek at (406) 871-0325 or montanarealestate@outlook.com

The viewing of the property will be at the viewer's own risk. The Seller, Auctioneer nor the Listing Agency may not be held responsible for accidents.

BROKER COOPERATION

• A commission will be paid to the properly licensed broker whose prospective buyer purchases and closes on the real estate. The commission will be two (2%) percent of the winning high bid price.
• To qualify for a cooperating broker commission, the Broker must register by submitting proper documentation no later than 24 hours prior to bid ending (August 19, 2025 @ 6:00 PM MDT).
• Broker must show the property to the bidder, attend to the bidder's pre-auction needs, post auction needs as well as attend the auction and sign the Auction Real Estate Sales Contract if their client is the winning bidder.
• Prospects/Bidders who have dealt with the United Country Montana Properties throughout the marketing process will not be eligible for Broker registration.

CONTACT INFORMATION

Questions: Contact Margaret Prosek at (406) 871-0325 or montanarealestate@outlook.com

Supervising Broker: Jerry Jordan (406) 565-6031 or jerjor4@gmail.com

Auction Coordination:

• Jimmie Dean Coffey - Managing Broker/Auctioneer
• Christa Barlow - United Country Real Estate | Coffey Realty & Auction

DOCUMENTS: