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[ View/Ask ]Property Description: ORIGINAL PLAT OF DERBY Block-001 LOTS 11 & 12 & E60' OF 15 & 16
See PDF attachment below for further detail
Buyer Premium: 5% of total sale price of land and structures. This percentage goes to Public Surplus as a Buyer’s Fee.
State Assurance Fee: 3% of total sale price of land and structures. This percentage is state mandated and goes into the State's General Fund.
Recording Fee: $46.00, if there is a well on the property, it is an additional $50.00 for well disclosure.
Deed Fee: $25.00
Deed Tax: 0.0033 times the purchase price
Additional County Fees: $250
Amount Due Upon Sale: Winning Bidders will be emailed a Deed Information Form upon the close of the auction. This form must be completed and returned to the Auction Contact within ten (10) days from close of auction. This form will also note additional fees, etc. due and will have the total amount due for the property.
ACCEPTANCE OF TERMS AND CONDITIONS: By submitting a bid, the bidder agrees that the bidder has read, fully understood, and accepted the Terms and Conditions of Online Sales, and agrees to pay for, if the bid is accepted, by the dates and times specified.
Any person or entity, or entity controlled by such person, is a prohibited purchaser or bidder, if said person or entity is delinquent on real or personal property taxes in Faribault County per Minnesota Statue 282.016.
Faribault County is not responsible for any omissions or errors in the description of items being offered for sale. Under no circumstances will a refund/adjustment be made due to the property failing to meet buyer's expectations.
To the fullest extent permitted by law, Bidder shall indemnify and hold Faribault County harmless from and against any claims, damages, losses and expenses, demand or cause of action arising/alleged to have arisen out of the sale or failure to sell any property including claims of personal or bodily injury, death, or contract damages.
Faribault County reserves the right to accept or reject any/all auction's bids or any part of an auction's bid.