The Lake Life
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Listing ID: 120861	Status: Ended
~ Lake Ka-ho, IL	Land / Residential | Rural Residential

	Current Bid: $5,000  (Reserve Met) Number of Bids: 72 Bid History High Bidder: Tina Bidding Opens: May 14, 2024 2:08 PM Bidding Ends: Jun 01, 2024 12:08 PM  (Central) Starting Bid: $1,000 Contact: Bill Scaturro See Terms Below for Bidding Instructions --- PLACE YOUR MAXIMUM BID ---   Your Current MAX Bid:  BidTimestamp Minimum Bid:
Contact Info Address Info Property Info Pictures Description Bidding History Questions Terms Files Additional Links

Contact Information
Contact Type:	Listing Agent
Contact Name:	Bill Scaturro
Agency Name:	The Auction House Company
Contact Phone:	618-344-3545
Showings:	Drive By Viewing Only

Address Information
Street Address:
City:	Lake Ka-ho
County:	Macoupin County
State/Province:	IL
Postal/ZIP Code:	62069
Country:	United States
Map:	Click for Expanded Google Map / Directions

Property Information
Property Type:	Land / Residential
Category:	Rural Residential
Square Footage:	(Approximate)
Lot Size:	Lot 4 Blk 18
Year Built:
Taxes:
MLS/FMLS ID:	24029462

Picture Gallery

Description

Bidding History

Bidder Bid Amount Bid Timestamp Auto-Bid Change page: < 1 2 3 4 >  |  Displaying page 1 of 4, items 1 to 20 of 72. Tina $5,000 Sat - Jun 01, 2024 11:59:21 AM Auto-Bid Kevin $4,950 Sat - Jun 01, 2024 12:06:10 PM Tina $4,900 Sat - Jun 01, 2024 11:59:21 AM Auto-Bid Kevin $4,850 Sat - Jun 01, 2024 12:06:00 PM Tina $4,800 Sat - Jun 01, 2024 11:59:21 AM Auto-Bid Kevin $4,750 Sat - Jun 01, 2024 12:05:46 PM Tina $4,700 Sat - Jun 01, 2024 11:59:21 AM Auto-Bid Kevin $4,650 Sat - Jun 01, 2024 12:05:33 PM Tina $4,600 Sat - Jun 01, 2024 11:59:21 AM Auto-Bid Kevin $4,550 Sat - Jun 01, 2024 12:05:15 PM Tina $4,500 Sat - Jun 01, 2024 11:59:21 AM Auto-Bid Kevin $4,450 Sat - Jun 01, 2024 12:04:54 PM Tina $4,400 Sat - Jun 01, 2024 11:59:21 AM Auto-Bid Kevin $4,350 Sat - Jun 01, 2024 12:04:40 PM Tina $4,300 Sat - Jun 01, 2024 11:59:21 AM Auto-Bid Kevin $4,250 Sat - Jun 01, 2024 12:04:21 PM Tina $4,200 Sat - Jun 01, 2024 11:59:21 AM Auto-Bid Kevin $4,150 Sat - Jun 01, 2024 12:04:00 PM Tina $4,100 Sat - Jun 01, 2024 11:59:21 AM Auto-Bid Kevin $4,050 Sat - Jun 01, 2024 12:03:02 PM

Questions

Question: will title company do a title search, and ensure all taxes paid at closing?what percentages of closing costs are shared? Answer: Yes, Title company will ensure a clean title. Closing cost will be split between buyer and seller. Question: how do I place a bid? procedure? Answer: You will need to register as a bidder. Question: can a bid be placed by phone? Answer: Unfortunately it is on-line only. Question: Has this property been surveyed. It appears someone has been cutting and using the property and we would like to know the property lines are visible Answer: It has not been professionally surveyed. There are stakes it the ground appx. We have the Aireal of the lot which pretty much shows everything. If the new buyer/owner would like a survey it would be their reasonability. The next-door neighbor has been cutting the grass, doesn't look to me that he has been using the lot by looking at the shoreline, it's all grown over. Question: What is the reserve ammount Answer: It will show when the reserve has been met. Question: Are there restrictions for the property? How much are the HOA dues? Answer: We are not aware of any restrictions or HOA's. Question: What is the size dimensions of lot? Answer: A picture of the plat is located on this website and The Auction House Co website.

Terms

To bid on our property, you must be of legal age to enter into contract to purchase real estate (18 in most states, 21 in others). If you're in doubt about the legal age to enter into contract in your state, please consult with competent legal counsel before bidding. While auction is "active", all bids MUST be placed online.  Written offers will not be accepted. Highest bid is subject to seller approval. A $1,000 Buyers Premium will be added to the final bid price as a buyers premium on the property.�Earnest money deposit of $500 shall be made payable to and held at Pontoon Title Company. Buyers Premium and Earnest monies shall be paid day of Sale. All bids are placed in US Dollars. All bidders are to upload the proof of funds, during preapproval process, before bid is placed.  Buyers premium is nonrefundable and due within 24 hours day of auction close or paid at Closing, if needed. The Winning bidder will be asked to sign a sales contract at the winning bid amount and based on the terms described here.   If you are outbid by another bidder, you will receive an email notice so you can return and increase your bid if you so desire. The bidding will be open and everyone will have access to the bid history during the auction. As the auction nears the ending time it will auto-extend until bidding is silent for 2 minutes. If there is more than one high bid at the same level (a tying bid), the bid first submitted will be honored. The high bidder will be notified via email after the auction ends. Seller reserves the right to postpone or cancel this auction at any time for any reason. Sale is “as-is”, "where-is". Seller will not fix anything.  Property sells with no contingencies. All inspections, surveying, due diligence are the sole responsibility of the buyer. Closing will take place at Pontoon Title Co in Granite City, IL within 30 days of signing the contract. Winning bidder may, at their option and expense order a title examination and insurance. All Sales are Final.

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