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AUCTION: Held on
site. There will be introductions and an explanation of the auction
process and terms at this sale. All announcements take precedence
over printed, advertised, digital or oral information.
REGISTRATION:
Although there is no obligation to bid, all prospective buyers must
register at the auction site. Registration will be one hour prior to
sale time on the date of the auction.
TERMS: Fifteen
percent (15%) down day of sale, balance due with deed within 30 days
of approval of sale by U.S. Bankruptcy Court. Property to be conveyed
by Trustee's deed free and clear of all liens and encumbrances.
Property will sell, as is where is, with no other warranties or
guarantees expressed or implied by seller, seller does hereby claim
peaceful possession of the property, and that he has no knowledge of
any violation of any environmental law. 1998 taxes are pro-rated. Ten
percent (10%) buyer's premium will be added to the winning bid.
POSSESSION: Date of deed. |
CLOSING: The
balance of the purchase price will be due and payable at closing.
Closing can be scheduled for as soon as possible but in no event
shall the closing date be later than 30 days after the auction date.
BROKER PARTICIPATION:
We welcome broker participation of other real estate professionals in
this important auction. A fee equal to 2 % of the top price will be
paid from the auctioneer's commission to any licensed real estate
broker or salesperson whose prospect successfully closes on the
property. To qualify for payment of commission, your prospect must be
registered with Re/Max Auction Group 48 hours prior to the sale, the
broker or salesperson must attend and register his or her prospect of
the day of the sale, and must be present at the signing of the sales contract.
DIRECTIONS: From
Elizabethtown, travel U.S. 31W north for approximately 4 miles to
Highway 220. Turn left and travel approximately 5 miles to
Rineyville. Continue on Highway 220 (Highway 1600) for approximately
1/2 mile. Turn left onto Highway 220 for approximately 4½ miles.
Property is on the left. Signs posted.
CONDITIONS OF SALE:
The property, both real estate and personal property, will be sold "as-is-where-is"
without expressed or implied warranty. All information on this Web
page was derived from sources believed to be correct, but is not
guaranteed. Buyers shall rely on their own information, judgment and
prior inspection of the property and records. |