Name Bob(Cookie) and Doris Cook Estate 08-10-21
Auctioneer Schoolhouse Auctions
Type Online-Only Auction
Date(s) 7/26/2021 - 8/10/2021
Online auction starts Wednesday July 27,2021 and runs til Tuesday August 10, 2021. House Starts closing @ 7pm
Preview Date/Time Open House Schedule 416 Perrin Ave Lafayette, IN 47904 Sunday August 1st 1P.M. - 3P.M. Saturday August 7th 1P.M. - 3P.M. ...or by appointment. Call 765-418-8356 Close of auction starts Tuesday August 10th 7:00 P.M. www.schoolhouseauctions.com
Checkout Date/Time We only accept cards. Except for house see terms for info on real estate.
Location we email address with invoice
Lafayette, IN 47904
Buyer Premium buyer premium
Description
Schoolhouse Auctions license AU31400022 Patrick Marley license AU19700063 Open House Schedule 416 Perrin Ave Lafayette, IN 47904 Sunday August 1st 1P.M. - 3P.M. Saturday August 7th 1P.M. - 3P.M. ...or by appointment. Call 765-418-8356 Close of auction starts Tuesday August 10th 7:00 P.M. www.schoolhouseauctions.com Real Estate Terms: All bidders must register acknowledging that they have read and agree to these “Terms and Conditions” of the sale as outlined prior to bidding. It is important that you familiarize yourself with the terms and conditions as all sales are final and irrevocable. The terms of sale are non- negotiable. Registration at the auction finalizes each bidder's agreement to the terms and conditions of the sale. Do not bid until you have read the terms and conditions. Bidders must register online at "www.schoolhouseauctions.com" to bid on the specific property in question. By bidding you are representing to "Auctioneer" and the seller that you have read and agree to be bound by the terms and conditions for this sale as stated herein. If you do not agree with any of the terms and conditions stated DO NOT BID or you will be bound by those terms and conditions. By bidding you agree to all disclosures. Inspection/Preview: Property will be available for preview on Sunday, August 1st from 1 P.M. to 3 P.M. and on Saturday, August 7th from 1 P.M. to 3 P.M., or by appointment, Call 765-418-8356 Buyer’s Premium: There is NO buyer’s premium on the real estate, at this sale. Earnest Money: Upon the completion of the on-line auction the winning bidder will immediately make an earnest money down payment of 10% of the “Final Sales Price”. The earnest money will be made in the form of a personal or cashier’s check payable to "School House Auctions." If a credit card is preferred for the down payment a 3% buyers premium will be imposed for the use of said card. The remainder of the purchase price is due upon closing. BIDDING IS NOT CONTINGENT UPON FINANCING. Bid Price: The property known as 416 Perrin Ave Lafayette, IN 47904 will sell once the modest "reserve price" is met. The property is being sold "As Is" "Where Is" with no guarantees or warranties. Bidding takes place at www.schoolhouseauctions.com Real Estate Taxes and Assessments: Property taxes for 2021 will be prorated to the date of closing. The buyer(s) will be responsible for all taxes imposed after the execution of the General Warranty Deed. The Seller is not responsible for any closing costs incurred by the buyer, only those imposed by Indiana State Law. Closing: Will take place on or before September14th, 2021 at the selected Title Company or as soon as applicable closing documents, and due diligence has been completed. Cash transactions can typically close in 10 days. Possession: Buyer will take full possession upon closing and funding. Early possession will not be granted prior to closing. Title: A General Warranty Deed shall be executed by the Seller conveying the real estate to the buyer(s). Seller shall furnish to Buyer at Seller’s expense an owner policy of title insurance. Title will be issued by the selected title company in the amount of the sales price. NFO FOR AUCTION: 1. Please bring any and all equipment you need to removed items from property. such as, Trailers, Dollies, Boxes, Wenches, Help, and anything else you mite need. 2. Please bring patience and kindness. as we will work people in and out as quick as possible. 3. Address will be disclosed with winning invoice. 4. We will only be accepting CARDS for this auction. 4, There will be NO OTHER pick up day. pickup is Wednesday 08-11-2021 1pm-6pm 5. More info call 574-965-2544 or 574-581-0049 6. 10% Buyers Premium. Please read all terms before you bid. Schoolhouse Auctions license AU31400022 Patrick Marley license AU19700063
Auction Terms & Conditions Real Estate Terms: All bidders must register acknowledging that they have read and agree to these “Terms and Conditions” of the sale as outlined prior to bidding. It is important that you familiarize yourself with the terms and conditions as all sales are final and irrevocable. The terms of sale are non- negotiable. Registration at the auction finalizes each bidder's agreement to the terms and conditions of the sale. Do not bid until you have read the terms and conditions. Bidders must register online at "www.schoolhouseauctions.com" to bid on the specific property in question. By bidding you are representing to "Auctioneer" and the seller that you have read and agree to be bound by the terms and conditions for this sale as stated herein. If you do not agree with any of the terms and conditions stated DO NOT BID or you will be bound by those terms and conditions. By bidding you agree to all disclosures. Inspection/Preview: Property will be available for preview on Sunday, August 1st from 1 P.M. to 3 P.M. and on Saturday, August 7th from 1 P.M. to 3 P.M., or by appointment, Call 765-418-8356 Buyer’s Premium: There is NO buyer’s premium on the real estate, at this sale. Earnest Money: Upon the completion of the on-line auction the winning bidder will immediately make an earnest money down payment of 10% of the “Final Sales Price”. The earnest money will be made in the form of a personal or cashier’s check payable to "School House Auctions." If a credit card is preferred for the down payment a 3% buyers premium will be imposed for the use of said card. The remainder of the purchase price is due upon closing. BIDDING IS NOT CONTINGENT UPON FINANCING. Bid Price: The property known as 416 Perrin Ave Lafayette, IN 47904 will sell once the modest "reserve price" is met. The property is being sold "As Is" "Where Is" with no guarantees or warranties. Bidding takes place at www.schoolhouseauctions.com Real Estate Taxes and Assessments: Property taxes for 2021 will be prorated to the date of closing. The buyer(s) will be responsible for all taxes imposed after the execution of the General Warranty Deed. The Seller is not responsible for any closing costs incurred by the buyer, only those imposed by Indiana State Law. Closing: Will take place on or before September14th, 2021 at the selected Title Company or as soon as applicable closing documents, and due diligence has been completed. Cash transactions can typically close in 10 days. Possession: Buyer will take full possession upon closing and funding. Early possession will not be granted prior to closing. Title: A General Warranty Deed shall be executed by the Seller conveying the real estate to the buyer(s). Seller shall furnish to Buyer at Seller’s expense an owner policy of title insurance. Title will be issued by the selected title company in the amount of the sales price. **NOTE PICK UP LOCATION & TIME!** DUE TO COVID-19 RESTRICTIONS, we will be following State Recommended Guidelines. 1.We will ONLY accept credit cards. IF YOU ARE TAX EXEMPT, PLEASE NOTIFY US BEFORE AUCTION CLOSES. 2. Items will be picked up ONLY on Wednesday 1pm-6pm. Items not picked up during these times will be forfeited, and your card will still be charged the full amount. Address will be sent with invoice email after auction closes. 3. We will only be allowing a limited number of customers in the building. 4. Please read all terms before bidding. They are located in Auction details. Please call with any questions. Thank you so much for bidding! Please check our terms before you bid. We do charge 10% buyers premium to ensure future auctions. We have lots more Auctions in the works. So be sure and watch our website and Facebook page for UPDATES. SCHOOLHOUSE AUCTIONS license AU31400022 PATRICK MARLEY license AU19700063 You must have a valid driver License and be 18 years old to bid. We do Charge a 10% buyer premium for all online auctions. Property Address: 416 Perrin Ave Lafayette, IN 47904 Real Estate Terms: All bidders must register acknowledging that they have read and agree to these “Terms and Conditions” of the sale as outlined prior to bidding. It is important that you familiarize yourself with the terms and conditions as all sales are final and irrevocable. The terms of sale are non- negotiable. Registration at the auction finalizes each bidder's agreement to the terms and conditions of the sale. Do not bid until you have read the terms and conditions. Bidders must register online at "www.schoolhouseauctions.com" to bid on the specific property in question. By bidding you are representing to "Auctioneer" and the seller that you have read and agree to be bound by the terms and conditions for this sale as stated herein. If you do not agree with any of the terms and conditions stated DO NOT BID or you will be bound by those terms and conditions. By bidding you agree to all disclosures. Inspection/Preview: Property will be available for preview on Sunday, August 1st from 1 P.M. to 3 P.M. and on Saturday, August 7th from 1 P.M. to 3 P.M., or by appointment, Call 765-418-8356 Buyer’s Premium: There is NO buyer’s premium on the real estate, at this sale. Earnest Money: Upon the completion of the on-line auction the winning bidder will immediately make an earnest money down payment of 10% of the “Final Sales Price”. The earnest money will be made in the form of a personal or cashier’s check payable to "School House Auctions." If a credit card is preferred for the down payment a 3% buyers premium will be imposed for the use of said card. The remainder of the purchase price is due upon closing. BIDDING IS NOT CONTINGENT UPON FINANCING. Bid Price: The property known as 416 Perrin Ave Lafayette, IN 47904 will sell once the modest "reserve price" is met. The property is being sold "As Is" "Where Is" with no guarantees or warranties. Bidding takes place at www.schoolhouseauctions.com Real Estate Taxes and Assessments: Property taxes for 2021 will be prorated to the date of closing. The buyer(s) will be responsible for all taxes imposed after the execution of the General Warranty Deed. The Seller is not responsible for any closing costs incurred by the buyer, only those imposed by Indiana State Law. Closing: Will take place on or before September14th, 2021 at the selected Title Company or as soon as applicable closing documents, and due diligence has been completed. Cash transactions can typically close in 10 days. Possession: Buyer will take full possession upon closing and funding. Early possession will not be granted prior to closing. Title: A General Warranty Deed shall be executed by the Seller conveying the real estate to the buyer(s). Seller shall furnish to Buyer at Seller’s expense an owner policy of title insurance. Title will be issued by the selected title company in the amount of the sales price. REGISTRATION & IDENTIFICATION: At the time of registration, we collect information about you to verify who you are before you can bid. We collect credit card information to ensure that you are a qualified buyer. All bidders must be of legal age to bid. BUYER PREMIUM: We charge a 10% buyers premium on all online auctions. This is to ensure we can have future Auctons. PAYING FOR YOUR PURCHASES: There is no cost to register for an auction (Up to $1 may be charged to validate your card by Auctionflex when you register). Your credit card will not be charged unless you win. When an auction closes, if you are the winner, you must contact us within 24 hours to arrange a different form of payment. Otherwise, the card that you used to register will be charged the full amount due. If you do not pick up during the alotted time, you will be charged storage fees as stated in the terms of auction. If your purchases exceed your credit card limit, your card will be charged a deposit up to its maximum with the balance due in 24 hours from auction close either in person at our facility or by wire transfer. REVIEWING YOUR BIDS: During an auction you can check the status of your bids at anytime. Note that no bids can be withdrawn after the auction for any reason. All items are sold as is, where is, with all faults with no guarantees that any item is fit for a particular use. We strongly recommend attending the previews if available on any and all auctions. All bids are legally binding and enforceable in the USA WINNING NOTIFICATION & INVOICING: All winning bidders will receive an e-mail invoice within 24 hours of the auction closing. PICKUPS & REMOVALS: Items will be picked up ONLY on WEDNESDAY 12pm-6pm. Do not bid if you are unable to pick up your items during these times! Any item not picked up during the posted pickup times will be considered an abandoned item. Items are sold as is, where is, with all faults. If you abandon an item, your credit card will be charged for the full purchase price of the item plus the cost to remove, transport and dispose the item. CONDITIONS OF ITEMS SOLD & OUR ONLINE CATALOGUE: Our best efforts are made to represent all items accurately in descriptions and photographs; however, all items are ultimately sold on an 'as is, where is' basis, with all faults. We strongly encourage all bidders to personally verify the condition of each item during the scheduled preview times. No responsibility is assumed by Schoolhouse Auctions or the seller for any errors or omissions. Prices referenced are MSRP (Manufacturers Suggested Retail prices) and can be discounted significantly on the open market so do your own due diligence in researching values. Jewelry Appraisals are provided to us by the consignors and when provided are always insurance value appraisals which are usually much higher than retail values. CLAIMS: No claims regarding goods purchased will be allowed. Bidders are reminded that all goods are sold on an 'as is, where is' basis PERSONAL & PROPERTY RISKS: We will not be liable for damage or injury to individuals or their property. ADDITIONS & DELETIONS: We reserve the right to remove and/or add lots and/or items to the sale at any point during the auction. AUCTION RECORDS: In the unlikely event of a dispute, you agree to accept as true the information that we have in our records. SOFT CLOSE: Items close at regular intervals. To prevent a bidder from 'sniping', all bids made in the last minute of the auction will force an item to stay open for an additional 2 minutes. This will continue until all bidding has ceased. STRATEGY: Bidding is similar to Ebay type auctions, we recommend that ALL BIDDERS put in their maximum bid when placing a bid online. This does not mean you will have to pay the amount you bid; you only pay one bid more than the next highest bid, and only up to your maximum bid. The software system will play out the bids as you would at a live auction and only uses the funds required to beat out the under-bidder at the prescribed bid increment. CATALOGUE ERRORS & OMISSIONS: If a description does not match a picture in a lot, the description takes precedence. All items are sold on an 'as is, where is' basis, with all faults. In the event an item was listed in error or an item can't be located during pick up for any reason, the bidder agrees that their maximum recourse is a full refund of the item in question and that all other items bid on remain binding. LIMITATION OF LIABILITY You expressly understand and agree that Schoolhouse Auctions and it's Consignors shall not be liable for any direct, indirect, incidental, special, consequential or exemplary damages, including but not limited to, damages for loss of profits, goodwill, use, data or other intangible losses resulting from: (i) the use or the inability to use the service; (ii) the cost of procurement of substitute goods and services resulting from any goods, data, information or services purchased or obtained or messages received or transactions entered into through or from the service; (iii) unauthorized access to or alteration of your transmissions or data; (iv) statements or conduct of any third party on the service; or (v) any other matter relating to the service. By bidding you are acknowledging agreement with the terms above. Do not bid unless you agree to all of these terms. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 22.50 2.50 USD
22.51 - 100.00 5.00 USD
100.01 - 500.00 10.00 USD
500.01 - 5,000.00 25.00 USD
5,000.01 - 10,000.00 250.00 USD
10,000.01 - 100,000.00 2,500.00 USD
100,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium buyer premium
Payment Terms
We will ONLY accept credit cards for this auction. IF YOU ARE TAX EXEMPT, PLEASE NOTIFY US BEFORE AUCTION CLOSES.
Pick up will be @ Location in email with invoice. Pick up is Wednesday August 11, 2021 ONLY 1:00pm - 6:00pm. Items not picked up during these times will be forfeited, and your card will be charged the full amount!