Terms & Conditions

Bidding Information:

This is an internet-only auction. All bidding will take place online.
Property sells AS-IS. Seller reserves the right to accept or reject any and all bids.
Soft Close: Bidding will enter a soft close beginning 5 minutes before the lot is scheduled to end. Any bid placed in the final 5 minutes will reset the timer to 5 minutes. Bidding continues until no new bids are placed within a 5-minute window, ensuring all bidders have a fair chance.
Bidders are encouraged to refresh their screens often to ensure timers are up to date.
Tracts will not be combined. Selling separately with two different contracts.

Max Bidding:

Enter your maximum bid at any time. The system will automatically place bids on your behalf, advancing you one increment above competing bids until your max is reached.
If two bidders enter the same max bid, priority goes to the bid entered first.
Leading bids are outlined in green; if your max has been exceeded, the outline will appear red.
The Auction Company is not responsible for misinterpretation of the max bidding feature.

Internet Reliability:

It is the bidder’s responsibility to ensure a reliable internet connection.
If you are concerned about internet stability, arrangements can be made to bid from one of our offices. Please contact the auctioneer in advance.

Pre-Approval:

Bidders are encouraged to register and be approved at least 24 hours before the auction closes. Call 618-473-2500 with questions.

Registration:

Complete registration is required, including name, address, phone number, and email.
A copy of a state-issued ID must be provided (emailed to info@propertypeddler.com or supplied upon request).
Auctioneer reserves the right to refuse registration at their discretion.

Contract:

Winning bidder(s) must immediately execute the Property Peddler Auction Sales Contract electronically or in person following the sale.

Earnest Money:

A non-refundable 10% down payment is due the day of sale, to be deposited with Columbia Title Company.
Stop payment orders or returned checks will be treated as fraudulent activity.

Closing:

On or before February 19th, 2026.
Buyer to pay purchase price plus customary closing costs, including (but not limited to) escrow/closing fees, recording fees, prorations, and any wire/document fees charged by the title company.
Costs associated with Buyer’s broker agreements, inspections, or financing are the sole responsibility of the Buyer and outside of closing.

Title Company: Columbia Title Company

Taxes: Prorated to the day of closing.

Mineral Rights: Any owned mineral rights transfer. No mineral search performed.

Possession:

Financing: Sale is not contingent on financing or appraisal. Arrange financing prior to bidding.

Survey: No survey selling by legal description.

Disclaimer & Absence of Warranties:

Subject to prior sale, easements, covenants, and restrictions of record.
Property sold AS-IS, WHERE-IS. No warranties expressed or implied.
Acreages and boundary lines are approximate.
Bidders must conduct their own due diligence and inspections.
Auctioneer and Seller are not liable for errors, omissions, or internet malfunctions.
Auctioneer decisions are final. Announcements made day of sale take precedence.
Auction Company reserves the right to bid and/ or to cancel the auction.

Representation:

Auctioneer: Brad Chandler, Auctioneer IL Lic. #441.002105 Broker Lic. #475.16227

P#1089A / MLS # Tract 1-25068547, Tract 2-25068552

LISTED by Property Peddler Inc.

Auctioneer/Broker Brad Chandler 618-221-5727

Designated Managing Broker Brenda Chandler 618-491-6415

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