Property Description:

There are two offerings in this auction. The Carriage Hills development overlooks the Illinois River and is located just South of the marina and two blocks from the downtown in Lacon, Illinois

303 Riverview Court is a completed new 2-bedroom 3-bath townhome, in move-in condition.

305 Riverview Court is a new townhome that is framed in and has roughed in electrical and plumbing, ready for you to finish at your expense.

Funds at closing will be escrowed by Marshall County Title to assure completion of paving of Riverview Court. All utilities are presently installed to the property.

Properties are sold "as is". Purchasers will be responsible for any and all completion of dwelling and landscaping and walkways on the property.

Auction Preview Dates:  From 4 to 7pm on Wednesday, July 30, and from 3 to 5pm on Sunday, August 3

Please stop back to this website for further information as it become available.
 

Terms of Sale on Real Estate:  An earnest money deposit in the amount of 10% of the selling price will be required on day of sale, and the balance will be due in cash or guaranteed funds at closing on or before September 6, 2008.  The successful bidder will pay a 10% Buyer Fee in addition to the bid price on the real estate, and the Buyer Fee will be added to the bid price to arrive at the total selling price in the contract of sale. Title will be conveyed by deed subject to all restrictions, reservations, easements of record, and zoning laws, but free of encumbrance except for taxes for 2008 and subsequent. Sellers will furnish a guaranty title policy in the amount of the purchase price. 2007 Real Estate Taxes will be paid by Seller, 2008 real estate taxes will be assumed by Buyer. Possession will be at closing. The successful bidder will enter into a contract of sale at the auction sale. The contract will not be contingent upon financing. A copy of the sales contract will be posted on the premises for review before the auction sale. The sale is subject to the confirmation of the Seller and the Lienholder. There may be additional terms in the Contract of Sale and on the bidder card when you register to bid. The property is being sold in an "as is" condition with all faults known and unknown. Any announcements made day of sale will take precedence over prior advertising and printed matter.

Auction Preview:  Wednesday, July 30, from 4 to 7 pm, and Sunday, August 3, from 3 to 5pm.

Broker Participation welcome. 2% fee paid to buyer's broker. Download Broker Participation agreement here Broker Participation Agreement.

If you have any questions, please call Joe Cotten at 309.686.0558 anytime.

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