Theisen Real Estate Auction – 4-bedroom, 2.5-bathroom, Upsala home

Filed as: Past Auction, Past Real Estate Auction 
Posted on: Monday, May 18th, 2009

321 Borgstrom St, Upsala, MN  aa When: Saturday, June 6, 2009 @ 11:30AM
Where: 321 Borgstrom Street, Upsala, MN (From I-94 at Albany, MN, North on 238 to Upsala, Right and East on Pine Avenue to Borgstrom Street, Right and South to property on Left, Watch for Signs)
Terms: $3,000 Non-refundable down payment. Balance due at closing on or before the 8th day of July 2009. An 8% Buyer’s Premium added to high bid price to equal contract price. Broker’s participation accepted. Contact our office for details. Sold subject to seller confirmation.

This is a quality property in the quiet community of Upsala. With a spacious 4 bedroom home, attached 2 car garage. Walk out basement with a tuck under workshop garage. All located on a beautiful yard with many trees.

• Spacious 4 Bedroom, 2.5 bath home
• LP Forced Air Heat
• 2550 finished living space
• Walk out basement
• Lower Level work shop with overhead door access
• 2 car attached garage
• Large 162 X 202 lot on quiet back street setting
• Nicely Treed lot with Garden areas
• Enjoy the benefits of quiet small town living

Real Estate Previews:
Tuesday, May 26th, 5:30–7pm
Saturday, May 30th, 8:30–10am
Or by appointment only

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 8th day of July 2009.
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.

back yard 321 Borgstrm st, Upsala DSC00596 DSC00597 DSC01906

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