ABSOLUTE ESTATE
AUCTION!!
ONLINE BIDDING ONLY
Bidding Ends Thursday Mar. 14TH 4:00PM EST
LOCATED IN MEADE COUNTY NEAR THE GARRETT COMMUNITY 8550 Brandenburg Road Ekron, KY 40117. From the intersection of HWY 1638 and HWY 448 Brandenburg Road near Tony Brown Chevrolet take HWY 448/144 about 6 miles to the property on the left. It is about one half mile past Garrett. (Signs Posted)
BARR REALTY & AUCTION CO., INC. has been selected by The Bob Pike Estate to conduct this online auction to help settle the estate.
HOME ∙ BASEMENT
ONLINE BIDDING ONLY
Selling by online bidding only will be a 2 bedroom vinyl sided home situated on a 75 ft x 100 ft lot, one bath, living room, kitchen and front porch. The home has an unfinished walkout basement, gas furnace and county water. The home needs updates and repairs. The property is zoned R-1 Residential. NOTE: This property does not currently have a working septic system. A holding tank will need to be installed by the buyer. The red out building located on the property sells separately. If you need help placing a bid, call 270-422-2222.
OUTBUILDING
Also selling by online bidding only will be a 12ft x 24ft metal sided out building with a shingle roof. It is wired for electric, has a work bench and sliding glass doors. It is mounted on a double axle trailer frame. It needs repaired where a window once existed. It must be a paid for within 24 hours of the auction. POSSESSION: after payment in full only. 6% KY sales tax will be collected. To be removed by March 29TH, 2013.
Bidding will be done online only. If you need help placing a bid call us at 270-422-2222.
INSPECTION – Call Crickett Fackler to view the home 270-422-2222 office or 270-945-8647 cell.
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This online only auction is a cash sale not contingent on or subject to financing, appraisal, survey or inspections of any kind, as agreed to by bidders at registration prior to bidding and specified in the attached Agreement to Purchase Real Estate.<br>
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A Buyer’s Premium of 10% is added to the high bid. At the close of the auction, the successful Bidder will be emailed an Agreement to Purchase Contract to be executed and returned to Barr Realty & Auction Co., Inc. within Twenty-Four (24) hours. Successful Bidders will make their deposits in the form of cash, cashier’s check, or wire transfer with Barr Realty & Auction Co., Inc. within Twenty-Four (24) hours of the completion of the auction. The entirety of the remaining balance is due at closing on or before April 12th, 2013.<br>
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Purchaser will be responsible for all wire transfers.<br>
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Per the Contract, time is of the essence; you should proceed to closing within Thirty (30) days. Possession shall be given to the successful Buyer(s) at closing. Any closing fees charged by the buyer(s) lender or closing attorney will be a buyer(s) expense.<br>
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Successful Bidders not executing and returning their Contract with Earnest Money deposit within Twenty-Four (24) hours of the conclusion of the auction will be considered in default. If your closing is delayed for any reason, by you, as purchaser or other parties working on your behalf, including any lender you involve, you may be declared in breach of this contract, forfeit all deposits made and could be additionally liable for any and all costs incurred by Seller and Barr Realty & Auction Co., Inc. incurred in a subsequent resale of the property.<br>
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Buyer(s) must be prepared to make a cash offer. There are no contingencies to this sale (i.e. financing, appraisal, repairs or inspections). Therefore, you should be pre-qualified by a lender prior to bidding if you require financing. This property is being sold for cash “as is, where is.” with a closing deadline.<br>
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Barr Realty & Auction Co., Inc. reserves the right to remove or cancel the bids and or bidding rights and privileges of any party at any time deemed not to be in the best interest of the seller. The identity of all bidders will be verified, bidding rights are provisional and if complete verification is not possible, Barr Realty & Auction Co., Inc. will reject the registration and bidding activity will be terminated.<br>
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Barr Realty & Auction Co., Inc. will make its best efforts to accept and submit your bids. However, due to possible equipment malfunctions, lapsed time due to internet connections or bidders not acting quickly enough we do not guarantee that a bid will be received and/or accepted. It is of no benefit to wait to the last second to submit a bid. In the event bidding is active the auto extend feature will automatically extend the time unless we inform you otherwise. It is for this reason that we highly recommend that you submit any and all bids as quickly as you can to ensure that it is received/accepted.<br>
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Barr Realty & Auction Company reserves the right to change a bidder’s user name and/or password at any time for any reason.<br>
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Buyer acknowledges they are buying property “as is, where is”, without inspections or contingencies, Buyer(s) will rely on his/her own judgment and inspection.<br>
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Barr Realty & Auction Co., Inc. and their representatives are Exclusive Agents of the Seller(s).<br>
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Real Estate is sold subject to any and all existing matters of record and all easements building use or zoning laws and regulations. Taxes: Paid by buyer for 2013.<br>
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All Barr Realty & Auction Co., Inc. Online Only Real Estate Auctions are timed events that have an auto-extend feature. Any bid placed within 5 minutes of the auction ending will automatically extend the auction for 5 minutes from the time the bid is placed. Example: If an auction scheduled to end at 12:00 p.m. receives a bid at 11:59 a.m., the close time of the auction automatically extends to 12:04 p.m. The auto-extend feature remains active until no further bids are received within the 5 minute time frame.<br>
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IMPORTANT NOTICE: Bidders agree to keep their username and password confidential as they are responsible for ANY and ALL activity involving their account.<br>
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When using the website you must obey any and all local state and federal laws. Violations will result in termination of website use privileges.<br>
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Auction company employees and/or auction company may bid on auction items.<br>
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We gather aggregate information from this web site which may include but is not limited to: number of page visitors, most visited pages, any and all correspondence. All property sold “as is where is” condition with no warranty or guarantee expressed or implied. Although information has been obtained from sources deemed to be reliable, neither the seller nor the auctioneer makes any warranty or guarantee, expressed or implied as to the accuracy of the information herein contained. It is for this reason that buyers should avail themselves of the opportunity to make an inspection prior to the auction. All instant announcements from the auction company take precedence over any printed material or any oral statements made. Not responsible for accidents.