123 +/- total acres - 56.7 ACRES DEQ PERMITTED OPEN CUT GRAVEL MINE - DEQ PERMIT #21 - SUBSTANTIAL DEPOSITS THROUGHOUT THE REMAINDER OF THE PROPERTY AS WELL - ONLY MINUTES AWAY FROM BILLINGS BYPASS PROJECT.
TAX CODES: C04382/C04383/C04384/C04385/C04388/D06540/D06538
FOR ONSITE INSPECTION CONTACT RENO - 406-694-6839.
PROPERTY SELLS SUBJECT TO OWNER'S CONFIRMATION
Please read and review the Contract for Sale of Real Property thoroughly prior to bidding on any property. If you have not read and review the contract for Sale of Real Property, Do Not Bid!
REGISTER TO BID BY READING & AGREEING TO THE TERMS & CONDITIONS IN LOT 1. AUCTIONEER WILL CONTACT PROSPECTIVE BIDDERS AT THIS POINT. TO BE APPROVED FOR BIDDING, BIDDER MUST BE ABLE TO PROVIDE WRITTEN BANK VERIFICATION OF FUNDS/CREDIT AVAILABILITY.
In State Premium
|If you live in the state of MT and you pay using cash:
|If you live in the state of MT and you pay using check:
|If you live in the state of MT and you pay using credit:
Out Of State Premium
|If you live outside the state of MT and you pay using cash:
|If you live outside the state of MT and you pay using check:
|If you live outside the state of MT and you pay using credit:
Terms and Conditions
TERMS: Thank you for your interest in this property. Contact Reno Babcock if you need additional information (406-694-6839).
This online auction is a cash sale not contingent on or subject to financing, appraisal, survey, study period or inspections of any kind, as agreed to by bidders at registration prior to bidding, and specified in the Offer to Purchase and Contract. Property is sold in as-is condition with no warranties or guarantees of any kind.
Per the contract, “TIME IS OF THE ESSENCE,” and you should proceed to closing immediately. You must close the transaction on or before 30 days from close of online auction and seller confirmation. If your closing is delayed for any reason, by you, as purchaser, or other parties working on your behalf, including any lender you involve – you may be declared in breach of the contract, forfeit all deposits made, and could be additionally liable for any and all court costs, any price difference in a subsequent resale of the property, and all future auction costs incurred by the seller and Reno Babcock Auctions, LLC.
Bid with confidence, but please do not delay your closing!
Terms & Conditions
Contract for Sale of Real Property: This property is offered under the specific terms provided in the contract. The Contract for Sale of Real Property is available at www.renobabcock.com in the property information packet. Please read and review the contract thoroughly prior to bidding on any property. If you have not read and reviewed the Contract for Sale of Real Property, Do Not Bid!
Reno Babcock Auctions, LLC has the sole authority to resolve any bidding disputes as they may arise.
Bidder Verification: The identity of all bidders will be verified, bidding rights are provisional, and if complete verification is not possible, Reno Babcock Auctions, LLC will reject the registration, and bidding activity will be terminated.
**REGISTER TO BID BY READING & AGREEING TO THE TERMS & CONDITIONS IN LOT 1. AUCTIONEER WILL CONTACT PROSPECTIVE BIDDERS AT THIS POINT. TO BE APPROVED FOR BIDDING, BIDDER MUST BE ABLE TO PROVIDE WRITTEN BANK VERIFICATION OF FUNDS/CREDIT AVAILABILITY.**
Online Terms: At the close of the auction, and seller confirmation, the successful bidder will be emailed the contract package to execute and return to Title Company. The successful bidder will deposit $20,000 in the form of cashier’s check (United States Bank) or wire transfer to Title Company. The entirety of the remaining balance is due at closing. Purchaser shall be responsible for all wire transfer fees.
Buyer’s Premium: A 5% buyer’s premium will be added to the final bid price to determine the total contract price. 5% Buyer’s Premium Example: Bid Price: $100,000 Plus 5% Buyer’s Premium: $5,000 Total Contract Price: $105,000. ALL Debit/Credit Card transactions will be subject to a 3% Convenience Fee in addition to purchase price.
Contracts: Contract Packages will be sent by e-mail to the high bidder, who must execute and email, fax or overnight mail back to Title Company, within 24 hours of receipt. If the successful bidder does not execute and return their contract with earnest money deposit within 24 hours of receipt they will be considered in default and subject to legal action. This is a legal binding contract.
Auction Administrative Fee: In the event a winning bidder fails to submit the signed “Contract for Sale of Real Property” and deposit earnest money as provided in the prestipulated Auction Terms, the winning bidder will be charged an administrative fee of $20,000 on the bank information provided at auction registration. Additional default remedies are reserved by Reno Babcock Auctions, LLC, and the Seller as provided in the Auction Terms & Conditions and the “Contract of Purchase”. All administrative fees are non-refundable.
Closing: Time being of the essence, these sales shall be closed on or before 30 days from close and confirmation of online auction. The purchaser will pay for all of their closing costs associated with the transaction.
Agency Disclosure: In all transactions, the auctioneer is acting as agent for the seller, not as buyer’s agent. Reno Babcock Auctions, LLC reserves the right to remove or cancel the bids and or bidding rights and privileges of any party, deemed not to be in the best interest of the seller, at any time. At auctions with reserve, the seller and/or auctioneer reserves the right to bid.
Disclaimer: All information contained herein is believed to be correct to the best of the auctioneer’s knowledge. The information is being furnished to bidders for the bidder’s convenience and it is the responsibility of the bidder to determine that information contained herein is accurate and complete.
Any reliance on the contents shall be solely at the recipient’s risk. Bidders must conduct and rely solely upon their own investigations and inspections. The property is being sold “AS IS” with any and all faults. Please review all information supplied and seek appropriate assistance prior to bidding.
Technical Issues: Neither the company providing the software nor the auction company shall be held responsible for a missed bid or the failure of the software to function properly for any reason. The online bidding will begin to close on Wednesday, June 30, 2021 at 1 PM (Mountain Standard Time). If there is bidding in the last few minutes before the auction closes, extended bidding will commence. If there are no bids within 2-3 minutes, the auction will end. This procedure prohibits any last second 'sniping' from taking place. In the unfortunate event of a DDOS attack or server attack/shut down, the auction company reserves the right, but is not required, to change the bid closing deadline