ABSOLUTE HOUSE AUCTION! 621 East 5th Street, North Platte, NE is a 5 bedroom house that was donated to North Platte Area Habitat For Humanity for renovation or moving. Habitat For Humanity has determined that it would be better to sell the house rather than to renovate or move it. Bidding will be by On-line only and will sell to the highest bidder without reserve.
THIS PROPERTY WILL BE OFFERED BY “ONLINE ONLY AUCTION” ABSOLUTE AND WITH NO RESERVE.
TO PARTICIPATE IN THIS AUCTION YOU MUST COMPLETE THE FOLLOWING STEPS:
a) Download “NE Land Brokers” app through the Apple App Store or Google Play OR access the app by clicking the link at the bottom of each ww.NebraskaLandBrokers.com website pages or here:
b) Once you have downloaded the app you must register to bid. The registration process will require a charge to your credit card for verification. The charged amount will be refunded immediately.
c) Your registration must be approved by Nebraska Land Brokers before you may participate and bid on the property.
d) If you have questions regarding the bidding process and/or registration, please call Nebraska Land Brokers at 308.532.LAND.
621 East 5th Street is a 1,436 sq ft, 5 bedroom and 1 bathroom house on a busy corner lot. The house is selling “as is and where is” with no warranties or guaranties represented by the Seller. All Buyers can inspect the property and are encouraged to do so.
North Platte Area Habitat for Humanity is a 501 c (3) whose mission is to put God’s love into action, bringing people together to build homes, communities, and hope. By purchasing this property you may be eligible for some tax advantages. You are encouraged to contact your accountant to determine your eligibility.
Call or text Duane McClain, Listing Broker for more information or to schedule a tour of this property at 308.530.0221
LOCATION:
621 East 5th Street, North Platte, NE
LEGAL DESCRIPTION:
The East 16 feet of Lot 7 and the South 82’ Lot 8, Block 110, Original Town of North Platte, Lincoln County Nebraska
PRICE
ONLINE ONLY AUCTION! Bidding is open now. Auction ends January 24, 2024
LOT SIZE
7,524 sq ft
TAXES
2023 taxes paid in 2024 are $2,500.84
AUCTION TERM AND CONDITIONS
North Platte Area Habitat For Humanity
621 East 6th Street, North Platte, NE
Online Only Auction Terms and Conditions
ANNOUNCEMENTS MADE BY NEBRASKA LAND BROKERS, LLC THROUGH PROVIDED UPDATED INFORMATION EITHER WRITEN OR ORAL OR AT THE TIME OF SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL.
METHOD OF SALE: The 621 East 6th Street, North Platte, NE property will be offered for sale as one parcel. BIDDING WILL BE ONLINE ONLY. Bidding will begin at 8:00 am CST on January 17, 2024. The auction will “soft close” at 1:00 p.m., CST on January 24, 2024. If needed bidding will continue in 5-minute increments until 5 minutes have passed with no new bids. Auction and bidding will close when 5 minutes have passed with no new bids. Bidders may bid at any time before bidding closes.
621 East 5th Street, North Platte, NE will sell with NO RESERVE and is an online only auction. Competitive bidding will determine the outcome of the auction. Seller reserves the right to accept or reject any and all bids. Seller agrees not to accept and negotiate any contracts to purchase prior to auction date. Bids will be taken for total purchase price not price per acre.
To participate in the online auction:
a) Download “NE Land Brokers” app through the Apple App Store or Google Play OR click the link at the bottom of www.NebraskaLandBrokers.com home page.
b) Once you have downloaded the app you must register to bid. The registration process will require a charge to your credit card for verification. The charged amount will be refunded immediately.
c) Your registration must be approved by Nebraska Land Brokers before you may participate and bid on the property.
d) If you have questions regarding the bidding process and/or registration, please call Nebraska Land Brokers at 308.532.LAND.
REQUIREMENTS TO PARTICIPATE: Requirements for Buyer to be approved to bid online include but are not limited to the following:
a) Review and agree to the terms and conditions of the offered property detailed brochure;
b) Provide Nebraska Land Brokers, LLC verification of available funds to purchase the property and/or bank loan approval letter with no contingencies;
c) Sign and return to Nebraska Land Brokers, LLC the Bidder Approval Request form. Nebraska Land Brokers reserves the right to refuse registration to bid and/or bids from any bidder.
d) By placing a bid upon this property Bidder agrees to all terms and conditions provided for this auction.
AGENCY: All agents of Nebraska Land Brokers, LLC are working as a Limited Seller’s Agent for North Platte Area Habitat for Humanity. As a Buyer, you are a customer of Nebraska Land Brokers and will agree to sign the required Nebraska Real Estate Commission agency disclosure stating as such.
PROPERTY INSPECTION AND CONDITION: The prospective Buyer should verify all information contained herein. All prospective bidders are urged to fully inspect the property’s condition and rely on their own conclusions The property is being sold “AS IS-WHERE IS”, without any warranties expressed, representation or recourse to the Seller.
PROPERTY DISCLOSURES: Buyer and Seller agree that Seller has no previous knowledge of the condition of any portion of the dwelling and real estate being offered for bidding. Seller shall provide both the Lead Based Paint Disclosure and the Seller Property Condition Disclosure Statement to the Buyer to be signed with the statement “Seller has no previous knowledge as to the condition of the dwelling being sold” included upon it.
SIGNING OF PURCHASE CONTRACT: By submitting a bid, immediately following the closing of the auction, the successful winning bidder agrees to sign the required Nebraska Real Estate Commission Agency Disclosure and will enter into and sign the Nebraska Land Brokers, LLC purchase agreement for the amount of the winning bid. The purchase agreement can be digitally signed via DocuSign. A copy of the required purchase agreement is available for review from the Broker.
EARNEST DEPOSIT: The required earnest money deposit to be in the form of a wire transfer personal, business, or corporate check for 20% of the purchase price which is due within 48 hours of the signing of the purchase agreement and will be deposited with Nebraska Land Brokers Real Estate Trust Account. Prior to closing the earnest deposit shall be forwarded to Title Services of the Plains, North Platte, NE on behalf of the Buyer. Failure to close on or before the scheduled date shall result in forfeiture of the earnest deposit.
CLOSING: Closing shall be on or before February 28, 2024. Closing to be conducted by Title Services of the Plains, North Platte, NE and the closing service fee to be split 50-50 between Seller and Buyer. Buyer shall provide certified funds for the balance of purchase price plus their respective closing costs and sign and complete all customary or required documents at closing.
TITLE: Seller to pass title by Warranty Deed free and clear of all liens. Title insurance to be used as evidence of marketable title and cost of the premium to be split 50-50 between Seller and Buyer. A preliminary “TBD” title commitment as prepared by Title Services of the Plains, North Platte, NE shall be available for review from the Broker. Property to be sold subject to existing roads and highways; established easements and rights-of-way and other matters affected by title documents shown within the title commitment; and zoning, building, subdivision, and other restrictions and regulations of record.
FINANCING: This is a CASH SALE and is NOT contingent upon financing. Buyers should make their financial arrangements prior to the auction.
POSSESSION: Possession of the property shall be 100% to the Buyer upon closing.
REAL ESTATE TAXES: 2023 real estate taxes due in 2024 will be paid by Seller. 100% of the 2024 real estate taxes shall be paid by the Buyer.
LEGAL DESCRIPTION: Legal descriptions were obtained from the Lincoln County records.
MAPS AND AERIAL IMAGES: The location maps and aerial images are not intended as a survey and are for general location purposes only.
ANNOUNCEMENTS: The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. Nebraska Land Brokers, LLC and the Seller assume no responsibility for the omissions, corrections, or withdrawals. All prospective Buyer should verify all information contained herein.
