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ABSOLUTE
AUCTION:
This fine piece of
commercial property is a must see. It has many potential uses. It is
complete with a storefront, a two-bedroom apartment, and an
unfinished second story. The property also has a basement with
exterior access. The lot is 65' wide by 170' deep. This is a high
traffic area and a must see for the serious investor.
Possession:
with deed.
Directions:
From Louisville, I-264 West to a right on US 31W. Property on left.
Signs posted.
Owner:
Mike Ash
For more
information contact
Paul F. Mik, Jr.,
CAI at 1-800-624-1782.
AUCTION:
Held on site. There will be introductions and an explanation of the
auction process and terms at the beginning of each sale. All
announcements made at each auction will take precedence over printed,
advertised, or oral information.
REGISTRATION:
Although there is no obligation to bid, all prospective buyers must
register at the auction site. Registration will begin one hour prior
to sale time on the date of the auction.
AUCTION TERMS
REAL ESTATE: 15% down on the day of the sale, with balance due
within 30 days or less. 10% buyers premium will be added to the final
bid price to determine the purchase price.
TAXES REAL ESTATE:
2000 Real Estate Taxes will be prorated between the buyer and seller.
POSSESSION REAL ESTATE:
Date of deed.
CLOSING REAL
ESTATE: 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.
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 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. All announcements
shall take precedence over any previously printed material or any
other oral statements made. Seller will furnish good and marketable
title to property.
SPECIAL NOTE:
This house, being built prior to 1978, will be available for private
lead based paint inspection beginning 10 days prior to sale date.
Waiver will be issued day of auction.
BIDDING:
Bid on-line or on-site. On-line bids may be placed at
www.bidrealestate.com at any time prior to and throughout the on-site
bidding process. (For complete details visit www.bidrealestate.com)
On-site bids will be accepted at our office prior to and on location
throughout the on-site auction process. (For complete details call 1
(800) 624-1782.) The highest bidder - on-line or on-site - at the
conclusion of the on-site auction will be the winning bidder.
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 Group Auctioneers 48 hours prior to the sale,
the broker or salesperson must attend and register his or her
prospect the day of the sale, and must be present at the signing of
the sales contract.
