Name Westmoreland Coal Kemmerer Excess Land
Auctioneer Musser Bros. Inc.
Type Online-Only Auction
Date(s) 6/8/2018 - 7/9/2018
Bidding ends July 9, 2018 beginning at 7PM, subject to the automatic bid extend feature outlined in these terms and conditions.
Preview Date/Time Property Previews: Preview anytime yourself or by appointment, contact Harold Musser at 307-272-2266, Mark Musser at 307-272-2303, or Colton Sandall of Westmoreland Coal at 307-723-0148 or 307-828-2213
Checkout Date/Time NA
Location Kemmerer, WY 83101
Buyer Premium $100,000 bid equals $105,000 total price
Description
Excess land of Westmoreland Coal in Kemmerer WY
THIS PROPERTY IS SUBJECT TO PRIOR SALE OR REMOVAL FROM THE AUCTION.   BUYER’S PREMIUM: A five percent (5%) Buyer’s Premium will be added to the final bid price to determine the Total Contract Price.   DOWN PAYMENT: A 5% Earnest Money Deposit of the Total Contract Price will be required from the successful bidder upon award of the bid. This can be in the form of a personal or business check. It will be made payable to Wyoming Title and Escrow, Inc.    CLOSING: The balance of the purchase price will be paid at closing in cash, collected or certified funds within 30 days of the acceptance of the contract. Closing will be held in the offices of Wyoming Title and Escrow, Inc in Thayne, WY unless other arrangements are made.   NO CONTINGENCIES: YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING SO BE SURE TO HAVE ARRANGED FINANCING, IF NEEDED, AND THAT YOU ARE CAPABLE OF PAYING CASH AT CLOSING. Buyers who are unable to close because of insufficient funds will be in default and all earnest money will be forfeited.   BIDDING PROCEDURE: Frontier West Parcels: NOMINAL OPENING BID OF $10,000.00 per lot, IS REQUIRED FOR THE AUCTION TO OPEN THE BIDDING. Upon receiving an opening bid of $10,000.00, the bidding will continue until the auction ends on July 9, 2018 at 7 P.M., subject to the automatic bid extend feature outlined in these terms and conditions. Green Hill Parcels: NOMINAL OPENING BID OF $1,000.00 per lot, IS REQUIRED FOR THE AUCTION TO OPEN THE BIDDING. Upon receiving an opening bid of $1,000.00, the bidding will continue until the auction ends on July 9, 2018 at 7 P.M., subject to the automatic bid extend feature outlined in these terms and conditions. Kemmerer South Parcels: NOMINAL OPENING BID OF $50,000.00, IS REQUIRED FOR THE AUCTION TO OPEN THE BIDDING. Upon receiving an opening bid of $50,000.00, the bidding will continue until the auction ends on July 9, 2018 at 7 P.M., subject to the automatic bid extend feature outlined in these terms and conditions. REAL ESTATE TAXES: All real estate taxes for the year 2018 will be prorated as of the date of closing   POSSESSION: Possession of the property will be given at closing.   Property Previews: Preview anytime yourself or by appointment, contact Harold Musser at 307-272-2266, Mark Musser at 307-272-2303, or Colton Sandall of Westmoreland Coal at 307-723-0148 or 307-828-2213   AGENCY: Musser Bros. Inc., and its representatives (the "Auctioneers") are the auctioneers and exclusive agents of the Seller regarding the sale of the property.   BROKER PARTICIPATION: Musser Bros. Inc. encourages Broker/Agent participation. To qualify for a two percent (2%) Buyers Agent Commission, all Agents must register their client 24 hours prior to the auction. Bring your buyers.   SUBJECT TO AUTO EXTENSION DUE TO BIDDING ACTIVITY AUCTION END TIMES: All Musser Bros., Inc. Online Only Real Estate Auctions are timed events and subject to extended bidding due to bidding activity. Musser Bros., Inc. reserves the right to adjust the auto extension time period. EXAMPLE: Musser Bros., Inc. Online Only Real Estate Auctions have an auto extend feature. Any bid placed within 3 minutes of the auction ending will automatically extend the auction for 3 minutes from the time the bid is placed. The auto-extend feature remains active until no further bids are received within the 3 minute time frame. Musser Bros., Inc. reserves the right to adjust the auto extension time period.   BIDDER VERIFICATION: The identity of all bidders will be verified, bidding rights are provisional, and if complete verification is not possible, Musser Bros., Inc. will reject the registration, and bidding activity will be terminated.   INFORMATION: Information was gathered from reliable sources and is believed to be correct as of the date this material is published, however, this information has not been independently verified by sellers or auctioneers. Its accuracy is not warranted in any way. There is no obligation on the part of Sellers or Auctioneer to update this information.   ALL ANNOUNCEMENTS MADE AT THE AUCTION TAKE PRECEDENCE OVER ALL ADVERTISING. The sellers do not have any liabilities whatsoever for any oral or written representations, warranties or agreements relating to the property except as expressly set forth in the Auction Sale Agreement. There is no obligation on the part of the Sellers to accept any backup bids in the event the high bid falls through.   BY BIDDING, THE PURCHASER AGREES TO BE BOUND BY THE TERMS AND CONDITIONS HEREIN AND AS STATED IN THE PURCHASE CONTRACT.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 25,000.00 1,000.00 USD
25,000.01 - 50,000.00 2,500.00 USD
50,000.01 - 100,000.00 5,000.00 USD
100,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium $100,000 bid equals $105,000 total price
Payment Terms
BUYER’S PREMIUM: A five percent (5%) Buyer’s Premium will be added to the final bid price to determine the Total Contract Price. DOWN PAYMENT: A 5% Earnest Money Deposit of the Total Contract Price will be required from the successful bidder upon award of the bid. This can be in the form of a personal or business check. It will be made payable to Wyoming Title and Escrow, Inc. CLOSING: The balance of the purchase price will be paid at closing in cash, collected or certified funds within 30 days of the acceptance of the contract. Closing will be held in the offices of Wyoming Title and Escrow, Inc in Thayne, WY unless other arrangements are made.