THIS IS A COMPLETED SALE
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View current listings by this company
REAL ESTATE AUCTION: 450 South Pearl, Waverly IL 62692
Listing ID#: 784553
Sale Location |
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Waverly, IL 62692 |
Sale Dates and Times |
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Bidding Starts: Friday May 23 Bidding Ends: Tuesday Jun 17 |
Sale Type |
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Company Information |
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Ben Ladage Auctions Contact: Benjamin Ladage Phone: 217-652-0924 Email: auctions@benladage.com Website: benladage.com EstateSale.com ID#: 11113 View company information and listings |
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Listing Terms and Conditions |
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Terms: $2000 down payable within 24 hours of the auction with the balance due at closing within 30 days.
*NOTE PRIOR TO BIDDING YOU MUST SEND PROOF OF FUNDS OR BANK LETTER OF CREDIT** auctions@benladage.com Financial arrangements must be made prior to bidding at the auction and a bank letter of credit or proof of funds will required to bid. Buyer will be required to sign into a written contract at close of auction. Property is being sold "as is", in its present condition with no warranties either expressed or implied.' Property is sold at the Owners approval and reserves the right to accept or reject any or all bids. *A 5% Buyer Premium will apply to the high bid Please have all financial arrangements & inspections made prior to bidding. Real Estate Taxes pro-rated up to time of closing. 3% Realtors Co-Op on Property Auctioneer & Seller ask for lead base paint, Mold, Radon inspection wavier. Buyers Agent Note: We will work with a buyers agent on this Real Estate. Contact Ben Ladage Auctions 217-652-0924 or email auctions@benladage.com with any questions. ------------------------------------------------------------------------------------------ Ben Ladage Auctions Inc. Terms & Conditions We do everything possible to make our auctions fair and transparent. 1. Before bidding on-site, online or by proxy at Ben Ladage Auction Inc. auctions, you must read and accept the Terms and Conditions of Bidding. Read these terms carefully. When you sign your Bidder Registration Agreement, bid live at auction or click the "accept" button online, you enter into a binding legal agreement with Ben Ladage Auctions. 3. All bids submitted to Ben Ladage Auctions are final and irrevocable, whether they are submitted in person, online or by proxy. If you are the highest bidder and the auctioneer announces the lot as sold to you, you are the new owner of that item. All sales are final. 4. Ben Ladage Auction sells each and every item "as is, where is." We make no representations or warranties with respect to the items in our auctions. We recommend that you visit the auction site to inspect any items you'd like to buy before bidding on auction day. You may also send someone to the site to conduct the inspection on your behalf. 5. Ben Ladage Auctions expressly forbids owners and their agents from bidding on any item they have consigned to an auction. This applies to on-site, online and proxy bidding. 7. Registration to bid is free. Ben Ladage Auctions reserves the right to refuse the issuing of a bidding cards auction service, and overall business if we see fit. 8. An administrative fee (or listed as BP) on all online purchases A. This administrative fee applies to on-site, online and proxy purchases. 12. Ben Ladage Auctions Inc. are not responsible for any human or computer errors. 13. All announcements made on sale day shall supersede any prior advertisements. Items sold as is where is with no guarantee unless otherwise stated prior. 14. Any items being sold with a description in regard to condition, age, rarity, origin, etc. are descriptions of opinion only. The bidder accepts full responsibility in determining the value and/or authenticity of the merchandise being sold. All items sold "AS-IS", "WHERE-IS" with no warranties implied. Shipping will be have to be arranged by buyer Items are sold "as is" with no warranty and that items may not be returned. The auctioneer is not responsible for any errors or omissions in the description of the merchandise. The auctioneer is not responsible for any internet services fails. The auctioneer is not responsible for any missed bids from live, internet, absentee, phone, or simulcast bids 17. When you register with Ben Ladage Auctions you allow us to use your provided email address, mailing address, and phone number for marketing information. We will not sell your information. Opt-Out is availabe on all marketing. |
Listing Information |
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REAL ESTATE: 450 South Pearl, Waverly IL 62692
4 Bed, 1 Bath, Detached Garage
REAL ESTATE AUCTION
ONLINE BIDDING!
The following real estate Located at 450 South Pearl, Waverly IL 62692 will be sold ONLINE ONLY.
4-bedroom home on a large lot with mature trees and a spacious detached 2-car garage. The home is in need of repairs and cleanup but offers strong potential. Located in the quiet, small-town community of Waverly. Great opportunity to invest and restore!
ON LINE AUCTION - PRICE LISTED IS STARTING BID PRICE
Bid at BENLADAGE.COM and to see complete auction terms
MLS: CA1036665
ONLINE AUCTION DATE: Tuesday June 17th 2025 - 6:00pm cst
Bidding will be held online at BENLADAGE.COM
OPEN HOUSE DATE: Sunday June 8th 2:00pm - 4:00pm
Property can also be viewed by private showing by contacting 217-652-0924 or 217-697-7511
POTENTIAL! Come and look!!
Property is being sold "as is", in its present condition with no warranties either expressed or implied.
Parcel ID: # 1911219012
Legal Description: RNG/BLK: TWP:0 SECT/LOT: CITY OF WAVERLY SALTERS ADDITION 100FT X 150FT MID PT LT 94
Terms: $2000 down payable within 24 hours of the auction with the balance due at closing within 45 days.
2023 Taxes: $1572.35
Financial arrangements must be made prior to bidding at the auction and a bank letter of credit or proof of funds will required to bid.
Buyer will be required to sign into a written contract at close of auction.
Property is being sold "as is", in its present condition with no warranties either expressed or implied.'
Property is sold at the Owners approval and reserves the right to accept or reject any or all bids.
*A 5% Buyer Premium will apply to the high bid
A standard closing period of approximately 45 days will allow time for the title company, lender, and other necessary parties to finalize the transaction.
Please have all financial arrangements & inspections made prior to bidding.
Real Estate Taxes pro-rated up to time of closing.
Eddie Carpenter, Jacksonville IL will handle all title work & closing.
3% Realtors Co-Op on Property
Auctioneer & Seller will ask for lead base paint, Mold, Radon inspection wavier.
Please Read Terms & Conditions prior to bidding. Contact Ben Ladage Auctions with any questions.
Want to bid but don't know how? No Problem, contact Ben Ladage Auctions at 217-652-0924 for bidding assistance. We can show you how to bid online or accept phone bids as well!
Already working with a Realtor? Great! We welcome broker participation and are happy to work with both you and your agent throughout the auction and closing process. We're committed to making the transaction smooth for all parties involved.
The auction is a soft close auction which means that it starts to close at the time stated, however if someone has placed a bid in the last 3 minutes, then this item will stay open for 3 more minutes. This will continue until time is out.
Administrator: Eddie Carpenter
Ben Ladage, Broker
Office Phone - 217-652-0924
Managing Broker: The Real Estate Group
Go to www.benladage.com for pictures!
Property can also be viewed by private showing by contacting 217-652-0924 or 217-697-7511
Property Sold As-Is not subject to inspection
Property to be sold with Sellers Approval
A 5% Buyer Premium will apply to the high bid.
Contact Ben Ladage Auctions 217-652-0924 or email auctions@benladage.com with any questions
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How Does the Real Estate Auction Work?
Participating in a real estate auction is similar to a traditional real estate transaction, but with a few key differences. Here's how the process works:
1. Auction Ending Date and Final Price Determination
o The auction will conclude on June 17th, at which point the highest bid will determine the final price.
o The seller reserves the right to accept or decline the final bid, even after the auction ends.
2. Contract Signing
o Once the final price is accepted, we will execute a standard real estate purchase contract.
o The property will be sold "as-is", and an "as-is" addendum will be included in the contract, meaning the buyer accepts the property in its current condition without requiring repairs or modifications by the seller.
3. Financing Options
o Buyers may finance the purchase through a mortgage lender or complete the transaction using cash.
o If financing is involved, buyers should ensure they are pre-approved by their lender prior to the auction to avoid delays or complications.
4. Closing Period
o A standard closing period of approximatel days 45 will allow time for the title company, lender, and other necessary parties to finalize the transaction.
5. Additional Considerations
o Inspection Period: Buyers are encouraged to inspect the property prior to the auction date. The property is sold "as-is," so all due diligence must be completed in advance.
o Earnest Money Deposit: $2,000 earnest money deposit within 24 hours of the auction's conclusion.
o Auction Terms and Conditions: Bidders should carefully review the terms and conditions of the auction before participating to ensure a full understanding of the process and their responsibilities.
6. Questions or Concerns
o If you have any questions about the property, auction process, or transaction details, feel free to reach out to Ben Ladage, a licensed real estate broker and auctioneer.
o Already working with a Realtor? Great! We welcome broker participation and are happy to work with both you and your agent throughout the auction and closing process. We're committed to making the transaction smooth for all parties involved.
1 REAL ESTATE: 450 South Pearl, Waverly IL 62692 4 Bed, 1 Bath, Detached Garage REAL ESTATE AUCTION ONLINE BIDDING! The following real estate Located at 450 South Pearl, Waverly IL 62692 will be sold ONLINE ONLY. 4-bedroom home on a large lot wit... 100 REAL ESTATE AT AUCTION EXPLAINED How Does the Real Estate Auction Work? Participating in a real estate auction is similar to a traditional real estate transaction, but with a few key differences. Here's how the process works: 1. Auction Ending Date and Final Price Determination o Th... |
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