THIS IS AN ONLINE ONLY AUCTION, no live auction will be held. If you prefer to turn in an absentee bid in person, please call 573-834-2207 or 573-291-8075 to make arrangements. All bidders registering for this auction will have to be approved by the Auction Company before any bids can be placed to prevent an unqualified bidder from placing bids (example: an underage person or a person with a fraudulent bidding account). If bidder is known to Auction Company they will be approved quickly after registration. If bidder isn't known to Auction Company, a phone call with Auction Company staff or possibly a refundable deposit may be required before placing online bids. Auction Company prefers any unknown bidders to view the property in person before placing any bids.

STAGGERED/DYNAMIC CLOSING: The auction will begin closing on Sunday, August 16th 2020 at 5:00 PM Central Time. The closing time will be automatically extended an additional 2 minutes whenever a bid is placed within the last 2 minutes of the auction.

Deposit: The winning bidder is required to bring a deposit of $5,000.00 to the property location and execute a purchase agreement the next business day following the conclusion of the online auction. Deposit must be in the form of a personal or business check. Balance must be paid at closing within 60 days when good title & possession will be granted.

This property sells to the highest bidder regardless of price.

This property sells AS-IS without warranty. This property sells without contingencies. Any inspections or financing needed by the buyer must be made before the auction at the buyer's expense.

Buyers Premium: A 3% buyer's premium will be added to the final bid. Example: If you bid $100,000.00, the total sale price at closing will be $103,000.00 plus closing costs.

The auctioneer reserves the right to cancel, suspend, extend or reschedule an auction event or to make changes to the auction closing times only in the event of any unforeseen technical or legal problems.

Possession & Closing: The sale shall be closed within 60 days (or sooner if possible) of auction closing at the office of York Title & Abstract, 1155 Aguilar Dr., Montgomery City, MO 6336, telephone: 573-564-8021, on or before the 15th day of October, 2020. The seller at closing will convey good and marketable title. Buyer & Seller will be responsible for customary closing costs issued by the title company of which all can be seen in our sample sale contract.

Server & Software Technical Issues: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Schneider Auctioneers, LLC reserves the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software nor Schneider Auctioneers, LLC shall be held responsible for a missed bid or the failure of the software to function properly for any reason. Email notifications will be sent to registered bidders with updated information as deemed necessary by Schneider Auctioneers, LLC.

Hermann Online Real Estate Auction