REAL ESTATE AUCTION

Friday, July 29, 2016

Location:

15698 Devonshire St.
Pinckney, Michigan 48169

American Eagle Auction & Appraisal Company is pleased to announce to you this excellent land and hunting property buying opportunity!  

      This picturesque property features 4 +/- acres which includes a spacious 24 'x 40' pole barn which contains 200 AMP services, well, concrete floor, wood burning stove, kitchenette and three rooms where 2/3 of the walls and ceiling is insulated.

The property itself has a professionally laid 150 ft. +/- winding gravel driveway, an abundance of fruit trees, a newly constructed waterfall and approximately 4 acres have been cleared.

In addition, the property is buildable as it passed a perk test.

This is truly a fantastic piece of real estate with so many development possibilities.   Of course, you can simply enjoy it as it is.   It's set up perfectly as nice retreat for the hobbiest to work on special projects.

Be sure to view the PERSONAL PROPERTY ONLINE ONLY AUCTION that will be listed on a separate heading shortly!   

FREQUENTLY ASKED QUESTIONS:

WHY IS THIS PROPERTY BEING SOLD AT AUCTION?
The current owners are moving to Michigan's Upper Peninsula and have chosen the auction method to expedite the selling process.  The highest bidder who meets the reserve will be declared the new owner.

DO I NEED TO BE "PRE-QUALIFIED" IN ORDER TO BID?

No.  However, it is important that should you be the successful bidder that you will be able to satisfy the balance due by August 12, 2016 which is 30 days post auction.  Your successful bid is NOT contingent whether you can obtain a loan or not.   If you are unable to satisfy the balance due, you will lose your $10,000 earnest money deposit that you put down on auction day.

HOW DO I PARTICIPATE IN BIDDING ON THIS PROPERTY?

#1. First of all, you should do your own due diligence prior to considering placing a bid.  Learn all you can about the property and feel free to have a trusted adviser inspect the property.

#2. Again, do Your research on the property. The real estate is being sold "as is, where is" with no warranties expressed or implied.

#3. Obtain a $10,000 cashier's check made payable to yourself.  

#4.  Anytime on or prior to auction day, you must register for the auction by completing a bidders contract (email us at: Productionline@msn.com for the registration form)  - We strongly recommend advance registration.  If you are a real estate agent representing a client, we require advance registration.

#5. Auction Day!  On the day of the auction, all registered bidders for the real estate will gather at a secured location in the home.  (No spectators. You MUST be registered to be a part of this process.)

 The auctioneer will open the bidding at $60,000. You will have the opportunity to bid a higher increment.  When the bidding concludes, the auctioneer will declare "Sold!" to the highest bidder.   

From there, all non-successful bidders will receive their $10,000 earnest money check back.  

The successful bidder will sign a purchase agreement, sign over their earnest money deposit and the paperwork will be sent to Minnesota Title for processing.  You will have 30 days to complete the transaction.