If you are new to online bidding, this is a way to "test drive" bidding on our website. Bid away! It's fun and doesn't cost a dime!
All potential bidders will need to be approved by the Auction Company prior to bidding using the following requirements/terms.
1. Each party must register with their full legal name, current mailing address, telephone number and email address.
2. Each party must provide auction company with ONE of the following: 1) A bank issued pre-approval letter stating the buyer is approved for the starting bid of at least $375,000 and up to the respective bidder's maximum. 2) A bank/financial services company issued letter stating the buyer has cash and/or line of credit available for the starting bid of at least $375,000 and up to the respective bidder's maximum.
3. Buyer and Seller agree to execute a written purchase agreement within 24 hours of auction closing.
4. Buyer shall deposit $10,000 (Ten Thousand dollars) non-refundable earnest money at time of purchase agreement execution.
5. No Buyer contingencies of any kind are offered, nor will any be accepted. These include but are not limited to appraisal, financing, home inspection & home sale. Potential buyers are expected to have their financial arrangements secured prior to bidding. Buyers who are unable to close because of insufficient funds will be in default and the earnest money will be forfeited.
6. Property Inspection: Each potential bidder shall be responsible for conducting, at their own risk, independent inspections, inquiries and due diligence concerning the property. Each potential bidder shall be liable for any property damage caused by any such inspections or investigations. Seller makes no warranty whatsoever about the property and specifically disclaims all warranties of fitness for a particular purpose or or any warranty of habitability. Property sells in AS-IS condition.
7. Closing & possession date shall be on or before October 17, 2023 at Brule County Abstract, Chamberlain, SD. The closing fee shall be divided equally between the buyer and seller.
8. Merchantable title shall be conveyed by Warranty Deed. Owner's title insurance will be provided with the cost divided equally between buyer and seller.
9. Property is being sold by legal description only. Seller is not aware of any boundary issues.
10. 2022 Real Estate taxes due and payable in 2023 will be paid by the Seller at closing. 2023 Real Estate taxes due and payable in 2024 shall be pro-rated to the date of closing based on the most current county information.
11. Chisum E. Peterson, Broker and Peterson Land & Auction LLC, Brokerage Firm, represent the Seller Only in this transaction.
12. No Buyer's Premium on this auction.
13. The laws of the State of South Dakota governs this agreement. Any dispute arising from the terms of this auction shall be brought in a court of Brule County, South Dakota.
Chamberlain, South Dakota 57325
Your Dream Riverside Retreat Awaits - Online Real Estate Auction!
Welcome to a haven of timeless elegance and tranquility! This exquisite home, marketed exclusively through our online real estate auction, extends an invitation to indulge in comfortable living paired with awesome waterfront views. Don’t miss your chance to bid and own a piece of riverside paradise!
Encompassing a spacious 1475 sq. ft. main floor, combined with an equally expansive full walk-out basement, this residence is a testament to generous proportions. The residence underwent a comprehensive renovation in 2008, embracing contemporary design principles without compromising on comfort.
Boasting three bedrooms and three bathrooms, this home ensures ample space to cater to your lifestyle needs. The master suite beckons with its comfort and convenience, featuring a well-appointed master bath and large walk-in closet.
Your outdoor oasis awaits on the composite deck, a peaceful haven where relaxation and entertainment blend. The glass panel railing delivers unobstructed water views, painting an incredible backdrop for every moment, be it alone time or gatherings.
Embracing versatility, this home offers both main floor and basement living areas. This adaptability caters to your unique lifestyle preferences, ensuring comfort and freedom in how you live and utilize your space.
A dynamic perspective unfolds as you step onto this property perched above the banks of the majestic Missouri River. Here, fantastic views embrace and inspire, creating an ambiance of riverside bliss that's simply unparalleled.
Join us for the online real estate auction where your dreams of riverside living can become a reality. Place your bid and secure this exquisite home with a view that cannot be beat!
For more information or to schedule a private showing, contact us at 605-234-4214.
Owner: William Willrodt