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Bid on this property online here

a. I have read, understand, and accept the terms and conditions of the on line auction.
b. I understand that if I am the high bidder, I will be required to complete a Real Estate Purchase Contract, with in 48 hours from the close of the auction, and deposit the required earnest money for the purchase of the property as required in the terms and conditions.  

A Note about auction closing times: Unless the bidding is concluded ONSITE at the property, The auction closing time will automatically extend by 20 minutes whenever a new bid is submitted ONLINE within the last 20 minutes before the auction closing, this will continue if necessary, until no new bids are submitted within a 20 minute consecutive period. At that point the highest bidder will be contacted and time set to complete the Real Estate Purchase Contract. Please note that Dates and times of the auction are subject to change. To be sure you are notified of any changes, you must have bid on the property, or have registered to bid on the property. Please call if you have any questions, 801-362-7700.

US Auctions Agent

All Agents

Rob McGovern

Property Documents and Reports

– Download All Docs ›

* Not yet posted or not available on this listing


Description

The auction on this property will conclude ONLINE ONLY
At the property on March 6th, at 3:00 p.m.
Property can be seen shown by appointment

Please call Robert McGovern at 801-687-6000 if you have any questions.

Auction dates are subject to change. All interested parties should register, so you can be notified of any changes.

You can participate in the Auction one of three ways:

1. Make an offer by bidding online. (See current bid price above)

To bid online, or register to bid, simply complete the information requested under BID ON THIS PROPERTY on the LEFT column of this page.

2. Submit a written offer anytime prior to the Auction.

Any written offers received prior to the auction date will be submitted to the seller when received. Should the seller accept an offer prior to the auction date, the offer would be accepted subject to a 48 hour notice being given to any other registered bidders on the property.
Please send written offers to Kevin@usauctionsonline.com.

3. Bid on the property in person at the live auction.

All auctions are concluded on the property with a physical auction, unless other wise stated. Bidders should show up 15 minutes prior to the auction time.

The terms of the auction are listed below, or on a PDF file above under (Property Documents and Reports).

All buyers have 45 days to close. Auction financing is available!


1435 Acres available. 10 minutes from Nephi. Secluded with trees and sagebrush. Kessler spring piped water for grazing animals. Abundant wildlife. Elk herds have been know to cross property. 17 contiguious parcels.

This Property’s Auction Information

Nephi Recreational Land

Wednesday, March 3, 2010 – 4:00 pm

* Property is sold with a one year home warranty included.
* Property is sold free and clear without liens or encumbrances.
* Earnest money requirement is $2,500.00.
* Buyer has 45 days to close.
* Broker participation is welcome.
* Buyer has 3 options to bid on the property, (see above).

The Property is being sold subject to:
* Appraisal from the buyer’s lender.
* Financing only with verified letter of approval from the buyer’s lender.
* Seller’s final approval and acceptance.

Buyer’s closing costs can be added to the final bid price.

Buyer must review seller’s disclosures prior to the auction, (see above).
This sale is not subject to buyers due diligence.

Open Houses

All auction properties are open to walk through from 12pm-3pm for the two Saturdays right before the auction date.

Call 801.362.7700 to make an appointment outside of these two Open House days and times.

About Us

United Country is the largest integrated real estate & auction company in the U.S. with over 700 offices and 4,000 associates. We generated over $3 billion in annual sales in 2008, and are recognized as the auction “Industry Leader” (NAA: Auctioneer Magazine, January 2008). Our company was ranked the “Top Real Estate Franchise” by Dun & Bradstreet in July, 2009, and we are in the “Top 1%” of all franchises nationwide according to the Wall Street Journal. We currently have over $1 billion of controlled listings, and reach over 90 million homes each week through our nine owned, exclusive publications, third party trade publications magazines and catalogs.

US Auctions and Realty is an affiliate of United Country, providing property sellers, buyers, and agents an enhanced marketing solution. Our online system exposes property to a local and national network of over 300,000 buyers through publications, affiliate brokers and over 1,100 websites. Because of our technology, expertise and marketing strategies, we have over 1 million visitors on our websites each month, who spend an average of 24 minutes per visit.

Our local office beginning was in 1991, when we conducted a multiple-property auction for a large lender and successfully sold 133 properties in 3 months. We then went on to work with other lenders, developers, motivated sellers, and brokerages struggling to find an enhanced marketing solution for effectively selling real estate. Prior to joining the national network of United Country, we were known as “Utah Real Estate Auctions”, and “America Real Estate Auctions”. Since 1991 we have sold almost every type of property in almost every type of market condition: homes, raw land, condos, commercial and entire subdivisions.

Our recent history shows that nearly all of the property we have sold through our online/onsite auction has exceeded the expectations of both buyers and sellers.

The very nature of the auction process makes transactions smoother, with faster closings. Many buyers believe that all real estate auctions involve only distressed or foreclosed properties. This is not the case. Historically auctions have been utilized primarily by banks and other institutions, however, now we this tool is available to all homeowners as the wave of the future for selling homes.

Depending on the type of auction, whether a property is distressed or not, buyers can get a bargain. It's all about diligent investigation and planning. While sellers can retain some control over the final selling price, buyers can find a great deal in a win-win scenario. It's more about informed sellers and buyers being much more in control of the process than in the normal public listing and sale process.

Increasing Buyer Confidence
We have created a “Buyer Confidence Package” that includes four items done immediately after receiving an auction listing. These are made available to potential buyers on the web at the click of a button, enabling them to make an intelligent buying decision, with minimal risk:

  • Current Appraisal
  • Full Property Inspection
  • Preliminary Title Report
  • Home Warranty included with every home sold in the auction

Nobody but United Country - US Auctions & Realty is offering this type of information and coverage for buyers to help them feel confident about the property on which they are bidding.

The auction is the truest form of obtaining market price, as it exposes the property to a wide range of buyers who have an equal chance to bid with equal terms and conditions. With current market conditions and the challenges of selling real estate, property owners and lenders are being forced into short sales and foreclosures, sustaining large losses in capital and equity. United Country U.S. Auctions has brought an enhanced marketing solution to help both buyers and sellers achieve their objectives. To better understand real estate auctions, we provide free educational seminars and conduct daily conference call discussions with buyers, sellers, and realtors. Call in to our daily conference call at 12:00 noon Mountain time at: 712-432-0080, code: 317557#