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Keywords:
RECREATIONAL COMPOUND ON PRIVATE LAKE IN NORTHERN WISCONSIN ONLINE AUCTION - CLOSED
Date & Time: AUCTION STARTS CLOSING - WEDNESDAY, OCTOBER 14, 2015 AT 6:30 P.M. CST
Location: AUCTION SITE
9420 STAFFELDT ROAD
IRON RIVER, WI 54847

Directions: From Iron River WI, go south on co hwy H, after 3 miles turn right on Staffeldt Rd to property

Highlights: This compound is sitting on 12.97 Acres on Lost Lake just 3 miles from Iron River. It is a 26 acre private lake with no public access. Fishing is reported to be good with largemouth bass, small mouth bass, and huge crappies. The depth is 25 feet and is mostly sand. It is an easy walk to the lake and includes a dock.

This was family owned for many years, but long term illness has kept needed repairs from being made. There are four buildings on the property: a two story cabin that is nearly completed, and older A-frame cabin, a garage that was converted to a craft shop, and a huge recreation building that has a basketball court that could also be used as a racket ball court.

Cooperating agents must
pre-register with
JD Durward - Team JD
218-940-5580 REMAX Prodigy Real Estate
jddurward@gmail.com

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Categories: CLICK HERE TO VIEW AND BID (1)
Notes: INSPECTION:

Sunday, October 4, 2015 from 1:00 P.M. to 3:00 P.M. and
Saturday, October 10, 2015 from 11:00 A.M. to 1:00 P.M. and
Sunday, October 11, 2015 from 1:00 P.M. to 3:00 P.M. or
By Appointment

PAYMENT:
TERMS: $4000 down within 48 hours of close of the sale, balance due within 30 days at closing.

PROCEDURE:
Online Bidding Only. The auction will start to close at 6:30 PM Wednesday,
October 14, 2015
. In addition
there will be Extended Bidding, which means items that have bids placed
within 5 minutes of its closing time, the time will extend for 5 minutes.
This will continue until there is no activity for 5 minutes.

Terms: The property is to be sold in "As is" condition. All information and Dimensions are believed correct but are not guaranteed. Buyers shall rely on their own Information, judgment, and inspection of the Property

THIS PROPERTY IS BEING SOLD WITH A REASONABLE RESERVE. VERY MOTIVATED SELLER, YOU WILL WANT TO MAKE SURE YOU ARE HIGH BIDDER ON THIS PROPERTY! DON'T LET THIS DEFINITE WOULDA - SHOUDA - COULDA GET AWAY! THIS IS THE PROPERTY YOU WANT TO BE HIGH BID ON!

BIDS CANNOT BE RETRACTED ONCE PLACED.

PROPERTY CONDITION, DISCLAIMER, AND ABSENCE OF WARRANTIES:
This property is selling subject to any existing right-of-way easements, reservation of any mineral rights to the State of Wisconsin, encroachments, zoning regulations, governmental agencies' regulation, leases, deed restrictions, and any applicable state or local laws.
This property is selling "as is" condition without warranties, guarantees or representation of any, either expressed or implied. Neither the Seller, its attorneys, any broker nor the Auction company personnel shall be liable for any damages, rescission, reformation, allowance, or adjustment based on the failure of the property, appliances, square footage, zoning, floor plans, etc..., to conform to any specific standard or expectation.

It is the purchasers responsibility to conduct his/her own independent inspections, investigations, inquiries, and due diligence concerning the property offered for sale. Information is subject to verification by all parties relying on it. All information and dimensions were derived from sources believed correct, but are not guaranteed.

LISTING BROKERAGE:
Re/max Prodigy Real Estate

ONLINE AUCTION FACILITATOR:
Oberfoell Auctioneers/Do-bid.com

REAL ESTATE TAXES:
Taxes due and payable in the year of closing shall be prorated to the date of closing.

TITLE:
Seller shall provide a Warranty Deed.

CLOSING AGENT:
Wisconsin Title
417 Belknap St.
Superior, MN 54880

POSSESSION:
The day of closing.

BUYER'S PREMIUM:
There will be a 10% buyer's premium added to the high bid amount. The high bid amount plus the 10% buyer's premium equals the purchase price.

WINNING BIDDER:
In the event you are the winning bidder, a down payment in the amount of $4000 and a signed Real Estate purchase agreement will be due within 48 hours of Auction Close. Balance due in 30 days of Auction Close or before as set forth in the Real Estate purchase agreement. Down payment must be made payable to "Re/Max Prodigy Trust". In the event the purchaser fails to close, the down payment will be retained by the Seller as liquidated damages.

You must read our terms and conditions and register before bidding on this Auction.

At The Close of The Auction Active Items Will Remain Open Until No Bids Have Been Received for Five Minutes.

Directions:
Contact: Do-Bid.com
4937 Spirit Lake Rd
Mountain Iron MN 55768
Phone: 800-843-3050 or 218-735-8619
Fax: 218-735-8564
info@do-bid.com Web-page
Bidder number Password

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