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 MURODCK

       Parcel: 29-0108-000

       Address: 632 MAIN AVE 

     Legal: LOT 12, BLOCK 2 BEGINNING AT A POINT OF THE NORTH LINE OF MAIN AVENUE IN THE VILLAGE OF MURDOCK, WHICH POINT IS 25 FEET WESTERLY FO THE SOUTHWEST CORNER OF LOT 7 IN SAID BLOCK 2, OF BRESNAHAN'S ADDITION, RUNNING NORTHEASTERLY ON A LINE PARALLEL TO THE WEST LINE OF SAID LOT 7, A DISTANCE OF 120 FEET; THENCE NORTHWESTERLY AND AT RIGHT ANGLES TO THE LAST DESCRIBED LINE, A DISTANCE OF 75 FEET; THENCE SOUTHWESTERLY AND PARALLEL TO THE WEST LINE OF SAID LOT 7, A DISTANCE OF 120 FEET TO THE NORTH LINE OF SAID MAIN AVENUE, IN THE VILLLAGE OF MURDOCK; THENCE SOUTHEASTERLY ALONG SAID NORTH LINE OF SAID MAIN AVENUE, A DISTANCE OF 75 FEET TO THE POINT OF BEGINNING.

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 $50.00 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.