Stenholm Estate Auction – Real Estate & Personal Property

Filed as: Past Auction, Past Personal Property Auction, Past Real Estate Auction, Sold Real Estate 
Posted on: Monday, September 8th, 2008

208 Borgstrom, UpsalaWhen: Saturday, September 27, 2008 @ 9AM – Real Estate @ Noon
Where: 208 Borgstrom Street, Upsala, MN
Terms: Cash, VISA, MasterCard, No Sales Tax, Buyer’s Premium: 0% on Personal Property; 8% on Real Estate

This auction presents an excellent opportunity to acquire a well maintained, two-bedroom home, located on a mature lot and one-half with large shade trees, and perennial flower beds. You will especially enjoy the quiet setting of this back street home.

This auction presents an excellent opportunity to acquire a well maintained, two-bedroom home, located on a mature lot and one-half with large shade trees, and perennial flower beds. You will especially enjoy the quiet setting of this back street home.

· Well maintained, two-bedroom, single bath, home
· Central Air
· Low maintenance stucco exterior
· Mature, shady, lot and one-half
· Perennial flower beds, and garden area
· Quiet, back street, park like setting
· Low energy costs

Property Inspections
Saturday, September 13: 8:30 to 10:30am
Thursday, September 18: 5:00 to 7:00pm
Or, by appointment: (320) 573-2468

Real Estate Terms & Conditions
Earnest Money:
The sum of Three Thousand Dollars ($3,000.00) shall be deposited as earnest money by the high bidder in the trust account of Schultz Auctioneers Landmark Realty, Inc. but to be returned to the Seller if the Buyer fails to perform pursuant to the Purchase Agreement.  Therefore, the earnest money is non-refundable.
Buyer’s Premium: An eight percent (8%) buyer’s premium will be added to the high bid price to equal the contract price used in the purchase agreement. For example, a bid price of $100,000.00 would equal a contract price of $108,000.00 ($100,000 + $8,000).
Brokers Participation Accepted: A broker co-op will be paid to properly registered brokers. The broker registration form must be returned at least 48 hours prior to the auction.
Terms: Cash, due and payable at time of closing. Successful bidder will enter into a standard Minnesota Purchase Agreement. It will be at the Auctioneer’s discretion as to the increments of bids and process to reach the top and final bid.  Any financing (mortgage or otherwise), if necessary, should be made prior to the auction.  The property is sold without contingencies.
Closing: Remaining balance due on or before the 23rd day of October 2008.
Preview of the property is essential prior to the auction!
Agency Disclosure: Schultz Auctioneers Landmark Realty, Inc. is acting as a Seller’s broker in this transaction. A Seller’s broker is a broker who represents the Seller and acts on behalf of the Seller. Therefore, Schultz Auctioneers Landmark Realty, Inc. must act in the Seller’s best interest and must tell the Seller any information disclosed to him or her. Therefore, the Buyer will not be represented and will not receive advice and counsel from the broker or salesperson. For further information, please contact our office for an Agency Relationships in Real Estate Transactions disclosure.
Reservations: Property is sold subject to easements of record, and owner’s confirmation.

Furniture
Hutch
(4) Round-back Dining Chairs
(3) Arm Chairs
End Table
Several Night Stands
Dining Room Table w/ 6-chairs
Formica-top Drop-side Table
Hide-a-bed Rocker Recliner
Tan and Brown Couch
Beige Rocker Recliner
Blue Wicker Hamper
Folding Table and Chairs
Kitchen Stool
Metal Headboard
Five-drawer Chest of Drawers
Six-drawer Chest of Drawers
Ash Three-drawer Chest of Drawers
Bedroom Set

Electronics
27” RCA Television w/ Remote
24” RCA Console Television
Portable Television & VCR
Console Stereo
Radios

Appliances
Microwave
Roper Upright Freezer
Chest Freezer
Older Refrigerator
Maytag Ringer Washer

Household
Pyrex Cookware
Stainless Cookware
Several Toasters
Waffle Maker
(2) Sets Stainless Flatware
Assorted Knick-knacks
Sentry Safe
Coffee Servers
Coffee Pots
Assorted Dishware
Sunbeam Mixer
Braided Rugs
Linens and Blankets
Christmas Decorations
Assorted Suit Cases

Collectibles
Pocket Knives
White Enamelware
Crystal Candle Holder
Red Wagon
State and National Park Banners
Angels

Tools
Miter Saw
4” Bench Vise
Dbl Wheel Grinder
Fold-up Work Table
Shop Vac
(2) Snow Rakes
Electric Heater
Ray-o-Vac Battery Charger
10-Amp Battery Charger
Craftsman 1/2″ Drill
Black & Decker 3/8” Drill
Air Wrench
Assorted Hand Tools
Snow Shovels
(2) Wood Step Ladders
Aluminum Step Ladder

Lawn and Garden
Dixon 42″ 12hp Riding Mower
Homelite Gas Trimmer
16” Electric Hedge Trimmer
Picnic Table
Garden Hose
Lawn Chairs

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