Property: This home has approximately 2,252 square feet with 3 bedrooms and 1.5 bathrooms. Large living room and dining room. Has new double pane windows, very well insulated for the age of the home. The property includes the 10x20 storage shed and boosts a 3 car carport with a circle driveway.
Seller: John B. Ballard
Open House: Sunday, September 11th from 1pm - 4pm
Taxes: 2015 $629.00
Legal Description: South 35 feet of Lot 20 & North 45 feet of Lot 21, Block 3, Denson Heights, Garvin County, Oklahoma
TERMS: 10% of purchase price to be placed in escrow day of sale. Balance of purchase price to be due and payable upon acceptance of title. All taxes will be prorated to day of closing. Possession will be at closing.
NOTE: A 10% buyer’s premium will be added to the bid price. The contract price will be equal to the bid price plus the Buyer’s Premium.
AUCTIONEER/BROKER/SELLER DISCLAIMER: All information is taken from sources believed to be reliable; however no guarantee is made by the auction company or its employer. Buyers should satisfy themselves as to size, condition, square footage, etc. prior to the day of auction. All property sold “where is as is”. Advanced Auction Solutions, LLC is a single party broker for the seller. Auction Company reserves the right to bid on behalf of any proxy, phone bidder, or themselves. Any announcements made the day of the auction supersede all advertising.
Live and Online Auction Terms & Conditions
Property at Auction: 1320 S. Walnut Street, Pauls Valley 73047
Auction Date & Time: September 21, 2016 7:05pm
- The Property will be offered and sold by Advanced Auction Solutions, LLC (Auctioneer), as the exclusive agent of Seller.
- The property will be offered only through Public Live and Online Internet Auction beginning September 21st at 7:05 pm.
- If the Bidder is or is represented by a Broker expecting to earn compensation for participation, the broker must register with Auctioneer.
- All bidders and bids are subject to Seller’s approval and acceptance. Seller may reject any bid or bidder at Seller’s sole discretion. Seller reserves the right to sell the Property by other means.
- The act of making a bid means that the Bidder has read the Purchase Contract available online and agrees to its terms, and will sign the Purchase Contract.
- The Property will sell “as is” without guarantees or warranties, express or implied, except Seller warrants marketable title to the Property.
- No personal property is included in the sale of the real estate.
- Seller reserves the right to sell the Property by off-line, and all online bids are subject to any prior sale.
- Seller may cancel or postpone the auction for any reason.
- A Buyer’s Premium of 10% of the accepted final bid will be added to the bid, the sum of which shall be the Purchase Price to be paid by the successful bidder.
- Upon acceptance of a bid, the successful Bidder must send Auctioneer a fully executed Purchase Contract (available online) and a non-refundable down payment of 10% of contract price. The return may be made on line with electronic signatures or by overnight delivery service. In any event, the return must be received by Auctioneer not later than 5 pm, September 22, 2016. The balance must be paid in cash or cash equivalent at closing, unless Seller agrees in writing to other terms. All payments shall be payable to the closing company. Auctioneer will provide Buyer with wiring or delivery instructions.
- Seller will transfer title by general warranty deed, Trustee’s deed, or other means as circumstances require.
- Seller will provide Buyer with a title commitment issued by a licensed title insurance company, showing marketable title in Seller.
- Closing and transactional costs will be paid according the terms of the Purchase Contract available online.
- Closing shall take place on or before 5:00 pm, November 25, 2016.
- Closing will take place at Garvin County Abstract Co..
- Possession will be delivered to Buyer at closing.
- Subsequent announcements made and posted online prior to acceptance of a bid shall take precedence over these Terms and Conditions.
- Buyer is responsible for making arrangements with Auctioneer to view the Property prior to bidding. Failure to make such arrangements shall be considered of waiver of the opportunity to do so and of Buyer’s acceptance of the Property “as is”.
- All information about the Property was gathered from reliable sources and is believed to be correct at that time. However, neither Seller nor Auctioneer have independently confirmed it accuracy and are not responsible for any inaccuracies. Such information is furnished for Bidder’s convenience and further inspection.
- Neither the company supplying the software nor the auction company shall be responsible for any errors or failures caused by malfunction of the software or the Internet.
- The act of entering a bid carries with it the Bidder’s unqualified representation that the Bidder is creditworthy and financially able to fulfill his obligations in the Purchase Agreement.
- For questions, call or email Rick Scrivner or Tyler Ambrose.
