Auction Details

Auction Dates

Mar 22 - Mar 29, 2018

Description

This Auction is a Public ONLINE ONLY Auction for the Described Real Property located:

N3285 Log Cabin Road, Rice Like, WI  54848

ONLINE BIDDING ONLY
** To Register to Bid ONLINE go to:
www.bidspotter.com **

Online Bidding will begin at 12:00 a.m. CST on March 22, 2018 and end at 12:00 p.m. CST on March 29, 2018.   

Opening Bid:    $3,000.00


Property my Appear Differently Than what is depicted in Photograph.
Photograph Provided by:  Google Earth

IN THE CIRCUIT COURT OF JOHNSON COUNTY, ARKANSAS
PROBATE DIVISION
NO. 36PR-2017-34
IN THE MATTER OF ROBERT E. SCHUMACHER
AN ALLEGED ENDANGERED ADULT
RESPONDENT
NOTICE OF SALE OF REAL PROPERTY
IN PUBLIC ONLINE AUCTION
Notice is hereby given that the undersigned Guardian of the estate of Robert E. Schumacher shall, commencing on the 22nd day of March, 2018, offer for sale in a public online auction at www.looperauction.com to the highest bidder the following property, including all personal property located thereon, upon the terms specified herein:
N3285 Log Cabin Road, Rice Lake, WI 54848 with a legal description as follows: Commencing at a point marked by an iron stake at the Northeast corner of the Northeast Quarter of the Northeast Quarter of Section Thirty (30), Township Thirty-four (34) North, Range Nine (9) West, thence West along US Highway 8 a distance of One Hundred Eight-Nine (189’) feet; thence South and parallel with the town road running North and South on the East side of the above described property a distance of Two Hundred Thirty-one (231’) feet; thence East and parallel with US Highway 8, running East and West on the North side of the above described property a distance of One Hundred Eighty-nine (189’) feet; thence North along the town road a distance of Two Hundred Thirty-one (231’) feet to the point of beginning.
Bidding will begin at 12:00 a.m. CST on March 22, 2018 and end at 12:00 p.m. CST on March 29, 2018. For information, you may contact Shawn Looper at (479) 996-4848.
Terms: At least 10% of the purchase price shall be paid at the time of sale with the balance to be paid in full at closing within thirty days. A 10% buyer’s premium will be due in addition to the purchase price.

Date of Notice:  03-12-2018

 

Terms & Conditions

Looper Auction & Realty II, LLC
4525 Palestine Road, Huntington AR 72940
(479) 996-4848
Terms

Registration finalizes – Each bidder agrees to terms and conditions of sale. Do not bid unless you agree to be bound by these terms. Property to be sold as is where is with faults, without express or implied warranties of any kind. Buyer is to perform all inspections prior to auction with professionals of their choosing. Looper Auction & Realty II, LLC represents the sellers only and does not inspect properties on behalf of buyers and assumes no responsibility for the correctness of any descriptions.
Buyer must make a 10% non-refundable deposit at the conclusion of bidding. Buyer must also execute the sales contract and property disclosure (if available) which will be posted prior to the auction. Balance of purchase price along with all closing costs will be due in approx. 30 days. Buyer to pay all closing costs including 10% buyer’s premium, title insurance, revenue stamps, closing fees, survey (if needed), filing costs, and any other fees. Seller will cure any title problems if necessary. Taxes will be pro-rated to day of closing. Properties sell subject to court, bank or seller approval. Possession will be upon closing with filing of deed. 10% deposit will be refunded if seller defaults. Property is sold with no contingencies, buyer should conduct all inspections required by lender prior to auction. If a lender is being used, buyer should be pre-qualified.
Purchase price is amount of highest bid plus 10% buyer’s premium to make a total purchase price. Buyer to make a 10% non-refundable deposit of the total purchase price.
***Example – High bid is $500,000
$500,000 plus $50,000 = $550,000
10% non-refundable deposit = $55,000
All information given orally or in writing was derived from sources believed to be correct, but is not guaranteed. All real estate dimensions are only approximations. Buyers shall rely entirely on their own information, judgment and inspection of the property and records

An Additional (4%) Charge will be added to purchase price for use of Credit/Debit Card as Payment.

Directions

See Public Notice Document in Photo Gallery for Details.

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Looper Auction & Realty II, LLC
Jimmy Looper
AR License #35
4430 Nickletown Road
Greenwood, AR 72936
(479) 996-4401

Looper Auction & Realty II, LLC
Shawn Looper
AR License #36
4525 Palestine Road
Huntington, AR 72940
(479) 996-4848