BID - Sale of Real Estate Property 2008

The document is a notice to bid for the sale of a property located in unincorporated Bloomingdale, Bloomingdale Township, DuPage County, Illinois. The property is being sold in "As Is" condition, and the bidder acknowledges that no representations, warranties, or guarantees have been made by the County regarding the condition of the property. The bidder is responsible for examining applicable zoning ordinances, and the County disclaims any responsibility for bids based on a use forbidden by the zoning. The bidder is also responsible for determining the availability of public utilities and services. Possession of the property will be delivered upon closing, and the conveyance of title will be by QuitClaim Deed. The successful bidder is responsible for the acquisition and cost of owner's title insurance. A bid may be withdrawn prior to the bid opening date and time stated in the notice, and such withdrawal will not prejudice the bidder's right to file a new bid. All bids are valid for 90 days after they are opened. Failure of the successful bidder to fulfill the contract within the required time will be considered abandonment of the award, and the County may award the bid to the next highest responsive, responsible bidder. The County reserves the right to reject any and all bids and to waive any technicalities at its discretion. The award will be based on the highest bid submitted by a responsive, responsible bidder. Each bidder is only allowed to submit one bid. The bidder declares that the bid is made without collusion with any other parties and that they have carefully inspected the property and familiarized themselves with all conditions affecting the sale. The bid constitutes a contract between the parties, but it cannot be assigned or transferred without the written consent of the County. All notices must be in writing and can be served personally or through United States Certified Mail. The minimum bid price for the property is $430,000. The bid must be signed for consideration. The document also includes a bid label to be affixed to the outermost envelope of the bid for proper delivery.