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Real Estate Auction Thursday April 20, 2006 Louisa KY USA Real Estate Auction
Thursday April 20, 2006, in Louisa, KY
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Terms of Sale Registration at the auction finalizes each bidder's agreement to the terms and conditions of sale as stated in the Contract and its Addenda which are incorporated by reference into your bidding. DO NOT BID unless you have registered and received a Bidder's Card and Sale Day Notes and agreed to be bound by the terms of sale in the Contract as they are final upon you becoming a high bidder. All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale. Williams & Williams represents the Sellers only and does not inspect properties on bidder's behalf. Do not bid if you have not inspected the property(s). Buyers receive insurable title to each property FREE AND CLEAR, as evidenced by the Title Insurance offered by the Closer indicated in the Contract. Current year's property taxes are pro-rated through day of closing as customary. Any manufactured housing not already considered attached to the real estate will be conveyed only with hold harmless agreement or quit claim Bill of Sale unless otherwise noted. Each high bidder must make a 10% ($5,000 MINIMUM) non-refundable deposit per property. Cash, cashier's checks, and personal checks (electronically processed) are accepted. The balance of the purchase price and all closing costs are due within 30 days. Closing costs generally total at least $1,500 and include title exam, title policy, closing fee, filing costs and any other fees noted. A fee of $1,980 is also due on vacant properties for the security required pre-auction until closing (does not apply to occupied properties or unimproved land). A "QUICK CLOSE" option if available (see Disclosures or listen day of sale) allows Buyers to save all title/closing costs (per above, usually over $1,500). To qualify, buyer must pay the purchase price plus any other non-title fees (such as the $1,980 for vacant properties as noted above) in full day of sale. Bidding starts at the nominal Opening Bid(s) indicated and is open to the public. The Auctioneer will call the sale and control any increments of bidding. To make a bid, raise your hand or Bid Card to be recognized. The bidding usually takes less than 3 minutes for each property. Do not inspect properties and/or attend an auction except at your own risk. Broker and Seller, their agents and employees, expressly disclaim any "invitee" relationship and shall not be liable to any person for damages to their person or property while in, on or about these properties, nor shall they be liable for hidden defects, dangers or conditions. All persons shall be on the premises at their own risk and shall defend, indemnify, and save harmless Broker and Seller from any and all liability attendant thereto. All auctions are subject to court or seller approval. Over 95% of all sales are approved within 7 business days. Buyers are not allowed possession until filing of the deed, at which time the property should be re-keyed. "Showing" requests from Buyers after the auction can not be accommodated. If more than one property, the Auctioneer may choose to offer a group of the properties for auction at the same time. The price being called for and bid is for any one property only. This is called "BUYER'S CHOICE" and is to accommodate buyers who have an interest in more than one property and/or have 2nd and 3rd choices if they are out bid for a favorite property. Upon winning the bid, please choose which property, or properties, you want. You pay the high bid price for each property selected. Each sale is final and stands alone. Remaining properties are then offered in another round of bidding. 2nd high bidders do not win a right to choose. Anyone may bid at any time, including prior High Bidders.
2495 HWY 1760, Louisa, KY 41230 Info
For more details and photos, go here to View the Salebill
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