Auction Information
Name J Mezo Property Auction
Auctioneer
Date(s) 8/30/2020 - 10/2/2020
Auction Date/Time Info
10/02/2020 5PM
Preview Date/Time Request a showing by calling Irene Auction Company at 815-289-7904.
Checkout Date/Time Prior to receiving a bid number you must provide sufficient evidence (bank letter or equivalent) to the Auctioneer and/or broker that they have adequate funds and/or financing to close on the offered property. $5,000.00 earnest money will be deposited the night of the auction from the buyer.
Location
Buyer Premium 15% Buyer's Premium for online sales
Description
In Person Property Auction This Brick 1850 square foot home is located on approximately 8.2 acres with mature trees and a partially fenced yard. This house is a diamond in the ruff. A lot of work is needed to make this a home again. The house updates include a newer roof, boiler and hot water heater. The house features three bedrooms, two full baths, two fireplaces, partially finished basement with family room, laundry and several work rooms. An attached two car garage plus a newer detached one car garage and an older detached one car garage is also located on the property. This property is being sold as-is condition. Request a showing by calling Irene Auction Company at 815-289-7904. Seller: J Mezo
PROPERTY AUCTION TERMS: Prior to receiving a bid number you must provide sufficient evidence (bank letter or equivalent) to the Auctioneer and/or broker that they have adequate funds and/or financing to close on the offered property. $5,000.00 earnest money will be deposited the night of the auction from the buyer. Payments for online auctions are Visa, M/C, American Express, Discover which incur a 5% upcharge plus a 10% Buyers Premium Resulting in a 15% buyers fee. Purchases requiring shipping must be arranged by calling 815-289-7904 and paid by credit card. 1. You must be registered in order to bid. 2. All items are sold 'As-is Where-is' with no guarantees of any kind. All sales are final and no returns are allowed for any reason. 3. All invoices must be paid in full 24 hours from end of auction.At the end of auction the credit card that you used to register your online account with will be charged. If for any reason payment is unable to be processed with this card your account could be suspended. To reinstate your account, full payment for your outstanding invoice, a $20 service charge and any other applicable charges or fees must be paid. Credit Card is the only accepted method of payment. 4. Irene Auction LLC will not be held responsible for any inconsistencies in description announced or printed, therefore buyers are responsible for inspecting all items and deciding for themselves if the item they have seen is what they want to buy. 5. According to Federal Uniform Commercial Code (UCC 2-238) At the closing of each auction item there is a legal binding contract for the purchase of the item and the buyer shall be responsible for safeguarding their purchased items from the public such as during pick-up time. Irene Auction LLC recommends being on site as quickly as possible. 6. Buyers are responsible for the moving, packing, boxing and loading of all items purchased. This means providing your own truck, packing materials, boxes, bags, and labor/help to load your own vehicle.Irene Auction LLC cannot provide or insure assistance for loading of your items. 7.Irene Auction LLC staff reserve the right to bid on and purchase merchandise. 8. All items must be picked up at the specific times stated above per the Terms and Conditions. Unless you have made specific arrangements with Irene Auction LLC prior to conclusion of auction, there will be a $20 per day, per lot charge on any items not picked up in the allotted time frame. These fees will be charged to your credit card on file every day for 7 calendar days and after 7 calendar days, your items will be considered forfeited and may be sold again at a future sale or discarded based on Irene Auction LLC discretion. All storage fees will apply and be charged even if the items have been considered forfeited. 9. There is a 15% buyer’s premium added to the hammer price of all lots online. 10. All of our online only auctions are conducted using staggered closing times. That means every minute a select number of lots will close. The closing of an item means it is a scheduled time that bidding should end on that particular lot. This auction is scheduled to close 3 items per minute. 11. All of our online only auctions are conducted using a soft close. This means even if an item is scheduled to close at a particular time, if someone places a bid in the last two minutes, two minutes will be added to the scheduled close time for that particular lot. The time extension will continue to occur every time a bid is placed until there are at least two minutes with no additional bids. 12. Auctioneer cannot, and will not, be held responsible for any interruption in service, errors, and/or omissions, caused by any means and does not guarantee continual, uninterrupted or error free service or use of the Site. Bidder acknowledges that this auction is conducted electronically and relies on hardware and software that may malfunction without warning. The Auctioneer, in its sole discretion, may void any sale, temporarily suspend bidding and re-sell any item/lots that were affected by any malfunction. The decision of the Auctioneer is final. The Auction Company also reverves the right to decline someone from bidding on an auction at the Auctioneers discretion. Please use social distancing rules. Stay in your car if someone is already picking up items. Only one person picking up items at a time. You are responsible for loading your own items at pick up.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 1.00 USD
95.01 - 975.00 25.00 USD
975.01 - 9,750.00 250.00 USD
9,750.01 - 97,500.00 2,500.00 USD
97,500.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 15% Buyer's Premium for online sales
Payment Terms
Prior to receiving a bid number you must provide sufficient evidence (bank letter or equivalent) to the Auctioneer and/or broker that they have adequate funds and/or financing to close on the offered property. $5,000.00 earnest money will be deposited the night of the auction from the buyer.
See Auctioneer if you have the winning bid for details.
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.