905 Farvu Avenue, Martin, SD

Residential Home

Bennett County, South Dakota

Selling On Our

UNRESERVED ONLINE AUCTION

September 13, 2022

Bidding opens August 30, 2022, and ends September 13, 2022, at 10:00 a.m. MDT

This home is all electric with cove heating, and an electric range is included. It has 2 bedrooms and a full bath. There is a hookup for a washer and dryer. The home has a low-maintenance stucco exterior, asphalt shingles, and a covered deck. There is a garden shed along with a privacy fence.

Bedrooms: 2

Bathrooms: 1

Square Foot: 725

Style: 1 Story Frame

Address:  905 Farvu Avenue, Martin, SD 57551

The bidding increments will be $1,000.The final sale price will be the highest bid. The real estate agent reserves the right to adjust bidding increments.

Contact Agent, Brad Otte, for an appointment to view the home.

Plan to Attend the Informational Meeting & Auction:

Crossroads Inn (Meeting Room)

102 S 1^st Ave.

Martin, SD 57551

BigIron Realty Agents will be at the Crossroads Inn (Meeting Room) in Martin, SD, on September 13, 2022, from 9:00 a.m. MDT until the conclusion of the online auction. Please come during the times scheduled to discuss the house.  BigIron Realty Representatives will be there to assist buyers with registering to bid online.  You do not have to be present to bid online, but you are required to be available by phone.

BIDDING PROCESS: You may place bids on this house for 14 days beginning  August 30, 2022, and ending September 13, 2022, at 10:00 a.m. MDT. This unreserved online auction features bidding extensions. If a bid is received within five minutes of the scheduled close time, the bidding period is automatically extended to five minutes. This will continue until there is a five-minute period where no bids are placed. NOTE: Do not wait until the day the auction closes to register to bid online. All bidders must be approved to bid, so register at least 24 hours prior to the auction close or call 800-887-8625 for assistance.

Legal Description:  Lot11, Block 1, Guiser addition, City of Martin, Bennett County, SD.

2021 Taxes:  $477.88

Owners:  Jong Boon Moon

Title Services:  First American Title, Rapid City, SD

For more information, contact listing agent:

Brad Otte 605-685-5716

Terms:  The successful Buyer will be required to enter into a written purchase agreement immediately after the sale with a 10% non-refundable down payment to be payable to the title company.  The earnest deposit can be made by a personal check, company check, or by wire transfer. The balance will be due at closing on or before October 15, 2022. Seller will provide marketable title to the Buyer evidenced by title insurance; the title insurance and closing costs are split 50/50 between the Buyer and Seller.  The 2021 real estate taxes will be paid by the Seller, and the 2022 real estate taxes will be prorated today of closing.  The property will not be sold subject to financing.  Bidding increments may be changed at the discretion of the Real Estate Agent.  Please have all the financial arrangements made prior to the auction.  The written purchase agreement, to be signed by the Seller and Buyer after the auction, is the sole and controlling document of this sale and supersedes any and all other terms whether verbal, written, expressed, or implied and shall be the sole and controlling document for this real estate transaction.  BigIron Realty is working for the Seller.