The undersigned Auction Company has been authorized to sell the Real Estate belonging to Patricia L. Finch, who is relocating to Nashville, TN, located at 500 W. Main Street, Carmi, Illinois.
REAL ESTATE: The Real Estate consists of an historical 2-story heritage home located at the corner of Fourth and Main Streets in Carmi, Illinois, specifically at 500 W. Main Street. The main floor, boasting 11 feet high ceilings with crown mold, consists of a great foyer, a grand parlor with fireplace, a formal dining room with adjoining breakfast room, a chef's kitchen, a den/reading room, an office, a half-bath/powder room, and a utility room. The second floor contains (3) bedrooms, (3) bathrooms, a study/4th bedroom, and a sun porch. The house has a full, finished basement with dry storage, (2) detached garages, and 0.6 acre of landscaped gardens. Note: The house was restored in 1995 at a cost of $300,000.00.
PROCEDURE: The Real Estate will be offered in one (1) tract. Conduct of the auction and increments of bidding are at the discretion of the auctioneer. All decisions of the Auctioneer are final.
DOWN PAYMENT: A 10% down payment is due on the day of the auction with the balance due at closing. The down payment may be in the form of cash, cashier’s check, personal check or corporate check. Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing.
ACCEPTANCE OF BID PRICES: Successful bidder will be required to enter into a Purchase Agreement at the auction immediately following the close of the auction. All final bid prices are subject to the Seller's acceptance or rejection.
BUYER’S PREMIUM: A 7% buyer’s premium will be added to the high bid to determine the contract sale price.
DEED: Seller shall provide a General Warranty Deed conveying title to the property.
CLOSING: The balance of the purchase price is due at closing, which will take place within 30 days of the presentation of insurable title.
POSSESSION: Possession will be at closing.
REAL ESTATE TAXES: The real estate taxes will be prorated to closing.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this ad and all related materials are subject to the terms and conditions outlined in the Purchase Agreement, which shall take precedence. The property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or WILLIAM WILSON AUCTION & REALTY, INC., including, but without limitations to fitness for a particular use, physical condition, any specific zoning classification, title, location of utilities, assurance of building permits, driveway permits, or water and septic permits. All sketches and dimensions are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property.
PROPERTY LOCATION: This property is located at the corner of Fourth and Main Streets in Carmi, Illinois, across from the Baptist Church.
AUCTION LOCATION: The auction will take place at 12:00 Noon on Sunday, April 18, on-site at the residence.
SHOWING: Sunday, April 11, 12:00 Noon – 2:00 PM
AUCTIONEER’S NOTE: This is an outstanding, elegant home – plan now to attend!
OWNER: Patricia L. Finch
All announcements the day of the auction take precedence over
printed material or any other oral statements made.
IN CONJUNCTION WITH TOWN AND COUNTRY REAL ESTATE