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Primary Office: 907-440-7110
Alpine Auction & Appraisal Services

PO Box 770303

Eagle River, Alaska 99577


Keywords:
Real Estate 10 Acres w/Log Cabin & Large Log Home/Shop Online Internet Auction - Hatcher Pass Area
Date & Time: Ends: Tuesday July 17, 2018 NOON: Alaska Time
Location:
Location:
5904 E. Edgerton Parks Road
Palmer, Alaska 99645

Online Bidding Only:
Auction starts closing on: Tuesday July 17, 2018 @ NOON Alaska Time

Inspection:
By appointment only with Wendy Bringhurst - Keller Williams Realty 907-854-1236. OPEN HOUSES TBA

Highlights: Own a piece of a true Alaskan dream with this 10+/- acre parcel near Hatcher Pass and Government Peak near many hiking/ski trails right from your property. Enjoy the cozy cabin with flushing toilet and appliances with room to sleep in the loft and you only have to walk a few feet to finish the log home of your dreams ! Large log structure on site close to the cozy cabin includes a pull through garage (both doors 12' high and over 14' wide) from circular driveway with parking for multiple cars or your semi's, boats, campers, trailers...all your Alaskan toys in 3600 sq feet of garage! Take your time to finish the 2700 sq feet of living space in the large log structure attached to the garage. In floor heat already in place. Vaulted ceilings with beautiful log beams giving a very open feel. Must see to appreciate size! Own this private treed lot with potential of a nearly finished log home near plenty of recreation! Previous owner has kept many records and receipts of both buildings and some finishing material left on property for new owner. Well tested at 6 gallons per minute when it was dug and records of 4 bedroom concrete septic.

This is a estate auction by order of the personal representative.

Realtor Information: Wendy Bringhurst - Keller Williams Realty 907-854-1236

Real Estate Bid Packet w/Property Details & Disclosures available by contacting Wendy Bringhurst at above phone number.

THIS IS AN INTERNET ONLY AUCTION WITHOUT RESERVE, no live auction will be held.
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Categories: VIEW ITEMS AND BID (1)
Notes: -- Click on 'All Items' to bid --
All items are sold AS IS, WHERE IS. Please inspect property before bidding.

Winning bidders will be notifed by phone & e-mail soon after closure of auction. If you don't receive an e-mail check your junk/spam folder or call 907-440-7110

•Ending Time:
All items will end at NOON Alaska Time. Also the AutoExtend feature applies to all online auctions. AutoExtend applies if a new higher bid is placed in the last 5 minutes prior to the scheduled end of the auction, thus extending via the AutoExtended feature for 5 additional minutes to prevent last minute snipe bids, once extended auction will extended after each bid.

Note: 10% Buyer's Fee

Terms: Disclaimer:
TERMS AND CONDITIONS FOR PURCHASING PROPERTY
THROUGH AN ON-LINE AUCTION WITH
ALPINE AUCTION & APPRAISAL SERVICES & KELLER WILLIAMS AK GROUP

Real estate properties offered for bid on-line are offered through Keller Williams AK Group (Alaska Broker No. 10263) in conjunction with Alpine Auction & Appraisal Services, an auctioneer registered to auction property in Alaska d/b/a AKSurplus.com. The real estate broker and the auctioneer represent the Seller of the property.

1. DATES AND TIMES. On-line bidding begins on the date listed in each property’s information under the “Listings” tab on the real estate brokerage website, www.aksurplus.com , and under the “Auctions” tab on the auctioneer’s website, www.aksurplus.com. All real estate auctions end at noon, Alaska Time, twelve (12) days after the auction begins.

2. BIDDER REGISTRATION. To bid online, all bidders must register at www.aksurplus.com by clicking on the auction listing of the property on which the bidder wants to bid and completing the registration information as required. To bid on a property, the bidder must be of legal age to enter into a contract to purchase real estate (18 years old in Alaska).

3. AUCTION CONDUCT AND BIDDING PROCEDURES. The bidding will be open and everyone will have access to the bid history during the auction. If there is more than one high bid at the same level (a tying bid), the bid first submitted will be honored. As the auction nears the ending time it will auto-extend until bidding is silent for 5 minutes. In the event of a dispute between bidders, the Auctioneer in its discretion may determine the successful bidder or re-offer the property for sale. Conduct of the auction is at the sole discretion of Auctioneer. Auctioneer has the right to reject any bid and prohibit any bidder from bidding, should Auctioneer determine that said bidder has invalidly registered or is not of legal age to enter into a Contract or there is some irregularity in the online bidding. If a bidder is considered to be invalidly registered all bids placed by said bidder will be null and void. Auctioneer is not responsible for slow connection or loss of connectivity.

4. SALES CONTRACT. The property is offered for sale on, and subject to, the terms and conditions contained in the Sales Contract (“Contract”), samples of which are available from wendy@wendybringhurst.com, prior to the auction. The terms of the Sales Contract supersede any conflicting terms of sale contained herein. Upon an accepted bid and signed contract by both parties, Purchaser and Seller agree to transfer contract particulars to an MLS Purchase and Sale Agreement and Auction Purchase and Sale Agreement to become an addendum to the MLS Purchase and Sale Agreement. BIDDERS AND THEIR ATTORNEYS SHOULD REVIEW THE CONTRACT PRIOR TO THE AUCTION.

5. WINNING BIDDER(S). The winning high bidder(s) must sign the Contract that will be provided to the high bidder by Wendy Bringhurst and return it to Auctioneer and return it to Auctioneer no later than 4 p.m., Anchorage, Alaska time, the day following the sale.

6. EARNEST MONEY. The winning high bidder(s) shall comply with all terms of the Contract for the property on which he or she bid, which includes an earnest money deposit of ten percent (10%) of the total contract purchase price. This earnest money payment must be received no later than 4 p.m., Anchorage, AK time, the day following the auction, in accordance with the terms of the Contract. The earnest money deposit may be paid by personal check, cashier’s check OR wire transfer. If the earnest money deposit is paid by personal/cashier’s check, the check should be made payable to Keller Williams Realty for escrow in the trust account as designated in the Sales Contract.

7. BUYER'S PREMIUM FEE. The purchaser of the property shall pay a buyer's premium fee, equal to (10%) of the final bid or offer received and said premium shall be added to the final bid or offer to determine the total contract purchase price. THE BUYER’S PREMIUM SHOULD BE KEPT IN MIND WHEN BIDDING.

8. CLOSING. Closing shall be approximately 15-30 days after the acceptance of the bid, unless mutually agreed otherwise or unless extended by reason of any title defect, at a local Title Insurance Company as provided under the terms of the Contract. Please see the Contract for more details.

9. ACCEPTANCE OF OFFERS. Unless noted in the auction information, all properties are offered with reserve. The final high bids on properties sold during a reserve round of bidding (reserve sales) will be irrevocable until 5:00 p.m. Anchorage, AK time three (3) days after the auction day, or as otherwise indicated in the Sales Contract for the subject property. The seller has the right to accept or reject the high bid for a reserve sale until that time and will not have any obligations or duties to any Purchaser unless and until Seller signs the Sales Contract. All winning high bidders in reserve rounds will be informed of Seller's decision via telephone or email.

10. PROPERTY CONDITION. ALL PROPERTY, BUILDINGS AND OTHER IMPROVEMENTS THEREON ARE SOLD “AS-IS,” AND THE SELLER AND AUCTIONEER MAKE NO WARRANTIES OR REPRESENTATIONS AS TO THE CONDITION THEREOF. BIDDERS ARE ENCOURAGED TO CAREFULLY INSPECT THE PROPERTY, AND ALL AVAILABLE INFORMATION RELATING THERETO, BEFORE BIDDING.

“As-Is”: THE PURCHASER ASSUMES THE RISK THAT ALL OR PART OF THE REAL PROPERTY WILL BE INADEQUATE, INAPPROPRIATE OR UNUSABLE FOR THE PURPOSES INTENDED BY THE PURCHASER. BEFORE CLOSING THE PURCHASE IN ACCORDANCE WITH THIS AGREEMENT, THE PURCHASER WILL MAKE A THOROUGH AND CAREFUL EXAMINATION OF THE REAL PROPERTY AND ASSURE THEMSELVES THAT THE REAL PROPERTY IS SUITABLE FOR THE PURPOSES TO WHICH THEY INTEND TO PUT IT, AND THE PURCHASER EXPRESSLY AND UNEQUIVOCALLY ASSUME THE RISK THAT SUBSEQUENT EVENT OR UNDISCOVERED, UNKNOWN CONDITIONS WILL MAKE THE REAL PROPERTY UNSUITABLE FOR THOSE INTENDED PURPOSES. THE PURCHASER EXPRESLY ACKNOWLEDGES THAT THE REAL PROPERTY AND IMPROVEMENTS ARE BEING SOLD IN ITS PRESENT “AS-IS” CONDITION. THE PURCHASER ACKNOWLEDGE THAT IMPROVEMENTS TO THE REAL PROPERTY ARE NOT NEW, BUT RATHER USED, AND THE PURCHASER ACCEPTS THE RISK THAT THERE MAY BE UNKNOWN, AND EVEN UNDISCOVERABLE DEFECTS TO THE IMPROVEMENTS TO THE REAL PROPERTY.

11. BROKER PARTICIPATION. A Participating Broker’s Fee equal to two percent (2%) of the High Bid will be paid by Auctioneer if and when closing occurs, to a qualified licensed Broker (“Participating Broker”) whose client closes a purchase of a property. To qualify for payment of the Participating Broker’s Fee, a Participating Broker MUST adhere to all the following:

• Be duly licensed as a real estate broker in good standing;

• Register their prospect on Participating Broker's letterhead indicating the prospect's name, address, and daytime and evening telephone numbers. The Participating Broker and prospect must each sign the letter acknowledging the Participating Broker's representation. The letter must then be sent by certified mail, return receipt requested, to Wendy Bringhurst, Keller Williams AK Group, 101 W Benson Blvd, Anchorage, AK 99503 or scanned and emailed to: wendy@wendybringhurst.com. This letter must be postmarked, if mailed, or emailed no later than 24 hours before the auction.

• All registrations accepted by Auctioneer will be acknowledged by e-mail or mail with a Participating Broker Acknowledgment Letter. A copy of the Participating Broker Acknowledgment Letter must be included with the submission of the Contract by a winning high bidder.

• A broker may not serve as a principal or other participant with respect to a property for which he or she is paid a Participating Broker's Fee. An affidavit will be required stating the Participating Broker is serving only as a broker and not as a principal.

• No prospect(s) shall be recognized as a Broker’s client if the prospect(s) had previously contacted or been contacted by the owners or their representatives.

• If a Participating Broker has not met all of these requirements, no commission will be paid to the Participating Broker even if its prospect purchases the Property. A complete registration file on all prospects will be maintained by Auctioneer. No oral registrations by Participating Brokers will be accepted. There will be NO EXCEPTIONS to these requirements.

• Each bidder who registers with a broker shall represent that it has dealt with no other brokers with respect to the property (except for Auctioneer and its agents) and such bidder will indemnify the seller and Auctioneer against claims by any other broker claiming a fee by reason of having dealt with such bidder.

12. FINANCING. THESE SALES ARE NOT CONTINGENT ON PURCHASER’S ABILITY TO OBTAIN FINANCING.

13. ADDITIONAL INFORMATION. Property information, including a Specimen Real Estate Sales Contract, and any other pertinent information is available on Auctioneer’s website, www.aksurplus.com by registering on the auction website and a bidding package will be emailed to each registrant. All information is subject to the Contract.

14. EXCLUSION OF PROPERTY. Auctioneer and the Seller each reserve the right to withdraw any property before or during the auction, and to sell a property prior to the auction without notice.

15. ADDITIONAL CONDITIONS. Seller and Auctioneer reserve the absolute right, in their sole discretion, to amend these Procedures, Terms and Conditions at or before the auction. To the extent there is any conflict between the provisions of these Procedures, Terms and Conditions as set forth herein and, in any Contract, the terms of the Contract shall govern.

• Auctioneer has the right, in its sole discretion, to postpone or cancel the auction in whole or in part, and to modify or add any terms and conditions of the auction and to announce such modifications or additional terms and conditions prior to or during the auction.

• All bidders acknowledge that Auctioneer does NOT have an ownership interest in any properties in this auction, and therefore, all bidders further acknowledge that Auctioneer is NOT responsible for any actions or inactions by Seller(s) regarding Seller(s) obligations under the Contract and auction process.

• The accuracy and completeness of the information contained in the marketing materials, Bidder's Information Package and website of Auctioneer cannot be guaranteed and prospective bidders are advised to independently verify any information they deem important.

• EXCEPT AS EXPRESSLY STATED IN THIS PARAGRAPH, THESE PROCEDURES, TERMS AND CONDITIONS DO NOT CREATE ANY LEGAL OBLIGATIONS ON AUCTIONEER OR THE SELLER. IF AUCTIONEER OR THE SELLER FAILS TO COMPLY WITH ANY OF THESE PROCEDURES, TERMS AND CONDITIONS FOR ANY REASON, NEITHER AUCTIONEER NOR THE SELLER SHALL HAVE ANY LIABILITY OR OBLIGATION WHATSOEVER. THESE PROCEDURES, TERMS AND CONDITIONS NEVERTHELESS ARE BINDING UPON AND MUST BE COMPLIED WITH BY ANY PERSON OR ENTITY SUBMITTING A BID. SELLER WILL BE BOUND ONLY BY THE PROVISIONS OF THE ACTUAL CONTRACT AS AND WHEN EXECUTED AND DELIVERED BY EACH PARTY THERETO.

• All live and online auctions may continue after the close of bidding at the sole discretion of Auctioneer as long as Auctioneer discloses to all registered bidders that the auction is continuing.

• DISCLAIMER. INFORMATION CONTAINED IN THE AUCTION BROCHURE, THE BIDDER’S INFORMATION PACKAGE AND WEBSITE HAS BEEN OBTAINED FROM THE SELLER(S) AND OTHER SOURCES DEEMED TO BE RELIABLE. HOWEVER, NEITHER THE SELLER(S), AUCTIONEER, NOR THEIR AGENTS MAKE ANY REPRESENTATIONS OR WARRANTIES AS TO THE ACCURACY OR COMPLETENESS OF THIS INFORMATION. EACH PROSPECTIVE BIDDER MUST UNDERTAKE AND RELY ON HIS OR HER OWN INVESTIGATION OF THE PROPERTY.

Server & Software Technical Issues: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Alpine Auction & Appraisal Services reserves the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software nor Alpine Auction & Appraisal Services shall be held responsible for a missed bid or the failure of the software to function properly for any reason. Email notifications will be sent to registered bidders with updated information as deemed necessary by Alpine Auction & Appraisal Services .

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PO BOX 770303
Eagle River Alaska 99577
Phone: 907-440-7110
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