Swift County Tax Forfeiture Auction Parcel 28-0005-000

Full Description

Parcel Number: 28-0005-000 Condition: SEE DESCRIPTION STATE OF MINNESTOA TAX-FORFETED PROPERTY, MANAGED BY SWIFT COUNTY ALL LAND SALES ARE SOLD AS IS, WITHOUT WARRANTIES, GUARANTEES (EXPRESS OR IMPLIED) OR REPRESENTATION OF ANY KIND. SWIFT COUNTY MAKES NO REPRESENTATIONS, WARRANTIES OR GUARANTEES WITH RESPECT TO ACCESS TO STATE TAX FORFEITED LANDS SOLD. HOWEVER, ALL LAND SALES ARE STILL SUBJECT TO ANY/ALL EXISTING EASEMENTS(S) OF RECORD AND RIGHT(S)-OF-WAY. OBLIGATION OF BIDDER At the time of auction's closing, each bidder will be presumed to have read and to be thoroughly familiar with any and all plans, contract documents and documents attached to the auction listing, including but not limited to Swift County Online Land Sales: Standard Disclaimer and Swift County Terms and Conditions. The failure or omission of any bidder to examine any form, instrument or document shall in no way relieve any bidder from any obligation in respect to their bid. A winning bid by a qualified buyer constitutes a legally binding contract. GENERAL DESCRIPTION Location: City of Kerkhoven Parcel: 28-0005-000 Address: 304 North 8th ST Legal: LOTS 8 AND 9, BLOCK 1, TOWN (NOW CITY) OF KERKHOVEN PAYMENT TERMS AMOUNT(S) DUE UPON SALE Full Payment: Full payment of the total sale value. State Assurance Fee: 3% of total sale price of land and structures. This percentage is state mandated and goes into the State s General Fund to cover losses in the event that the state has to defend its right to forfeit land. Assessments: If listed on sale listing as certified, assessments must be paid in full at the time of sale. Check with the city or township clerk and county for any additional assessments that existed prior to forfeiture, which may be re-assessed by the municipality. Recording Fee: $46.00 or as set by the Swift County Recorder. If there is a well on the property, it is an additional $54.00 for well disclosure. Deed Fee: $25.00 Deed Tax: 0.0033 multiplied by the purchase price or $1.65 minimum, whichever is greater. Torrens Property: Purchaser will need a Proceedings Subsequent (court proceeding) completed to have the new owner s name on the Certificate of Title. Also, there is a fee for an Examiner s Directive to memorialize the new purchase. *DO NOT PAY FROM THE PUBLIC SURPLUS WINNING NOTIFICATION. SWIFT COUNTY AUDITOR WILL CALCULATE AND EMAIL THE WINNING BIDDER A NOTICE OF AWARD INCLUDING THE FINAL AMOUNT DUE. PAYMENT REQUIREMENTS Payment in full in the form of Cash, Cashier's Check or Money Order made payable to the Swift County Auditor. Previous Default: Payment must be made by certified funds if purchaser has ever made payment that has been returned non-sufficient funds (NSF). When the auction closes, Swift County Auditor will send the winning bidder an email to begin processing the transaction. Your prompt response is appreciated to complete the transaction in a timely manner to avoid having your bid considered null and void. The successful bidder will be required to remit payment in full to Swift County Auditor within ten (10) business days from the date of this Notice of Award. If payment in full is not received within the required time frame, Swift County reserves the right to sell the property to the next highest bidder or repost the auction. CONFLICT OF INTEREST Swift County officials and employees are prohibited from using privileged government data obtained through their position to further their own private interests. Per Minnesota Statute 282.016, the direct or indirect purchase of tax forfeited land by individuals employed with the department of the Swift County Auditor, Swift County Treasurer and the department of the Swift County Assessor, or the Swift County Court Administrator of the District Court, or the Swift County Board of Commissioners, or the Swift County Administrator or the Swift County Attorney is prohibited.