Real Estate Terms: There is a 10% Buyer's Premium plus normal closing costs on the auction of vacant land. Vacant Land is sold "as is, where is" with NO WARRANTY expressed or implied. It is the responsibility of the buyer to determine the condition of real estate. Do not bid unless you agree to all of the terms and conditions. Down Payment: ten percent (10%) of the purchase price, will be required of the successful bidder within 48 hours of the conclusion of the auction. upon signing of Confirmation of Sale Agreement; balance due at closing. Bidding IS NOT CONDITIONAL UPON FINANCING. Payment For Vacant Land: Accepted forms of payment include ~ Cash or pre-approved mortgage only. Closing to be held within 30 days. Seller to pay standard closing costs only. Closing to be held at Lapeer Abstract & Title Co. Taxes will be prorated based off day of closing. Auctioneer's Note: All information was derived from sources believed to be correct, but is not guaranteed. Buyers should rely solely on their own investigation of the property and records prior to bidding on the property.