ABSOLUTE AUCTION
ONLINE BIDDING ONLY
BIDDING ENDS TUESDAY
OCTOBER 11th 5:00 PM EDT
Bidding Begins Tuesday October 4th, 2011
@ 5:00 P.M Eastern Time
LOCATED IN MEADE COUNTY NEAR BRANDENBURG KY: From the Brandenburg By-Pass Rd near the Ohio River Bridge take Hwy 228 Battletown Rd about 4 miles to the property on the left. (Locally known as the Gas Well Hollow area)
BARR REALTY AND AUCTION CO., INC. has been selected by Mr. Thomas W. Turner to sell this property to the highest bidder by online auction REGARDLESS OF PRICE!
ORDER OF AUCTION: Bidding Begins Tuesday Oct 4th and online bidding will end at 5:00 PM EDT TUESDAY, October 11th 2011.
5.216 Acres
ONLINE BIDDING ONLY
Bidding Ends 5:00 PM EDT
TUESDAY. Oct. 11th
Updated Plat is now available in the "Files" Section
ONLINE BIDDING: The real estate will be sold online only. Feel free to bid from your home, office, or smart phone.
Selling will be approximately 5.216 Acres which is all wooded off of hwy 228. (A land survey is underway) There is mature timber on this property. Acreage this close to Brandenburg is hard to find.
NOTE: The aerial photo which was previously on this site did not show accurate boundaries.
THIS PROPERTY DOES NOT HAVE ROAD FRONTAGE ON HIGHWAY 228.
This auction is being held online. If you do not have internet access, we will help you bid. Call our office at 270-422-2222.
Thomas W. Turner Owner
(formerly owned by Kitty Lee King)
Terms and Conditions of Online Only Real Estate Auction<br>
<br>
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>
<br>
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 deposit $3000.00 in the form of a 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 Thirty Days (30) from Auction Day. Purchaser will be responsible for all wire transfers. <br>
<br>
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, and all closing fees charged by the buyer's Title Company are paid by the Buyer(s). <br>
<br>
Successful Bidders not executing and returning their Contract with Earnest Money deposit within Forty Eight (48) 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>
<br>
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>
<br>
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>
<br>
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>
<br>
Barr Realty & Auction Co., Inc and their representatives are Exclusive Agents of the Seller(s).<br>
<br>
Real Estate is sold subject to any and all existing matters of record, and all easements, building use or zoning laws and regulations. Taxes and assessments will be pro-rated to the closing date. <br>
<br>
All Barr Realty & Auction Co., Inc Online Only Real Estate Auctions are timed events that have an auto-extend feature. Any bid placed within 10 minutes of the auction ending will automatically extend the auction for 10 minutes from the time the bid is placed. Example: If an auction scheduled to end at 5:00 pm receives a bid at 4:59 pm, the close time of the auction automatically extends to 5:09 pm. The auto-extend feature remains active until no further bids are received within the 10 minute time frame. <br>
<br>
IMPORTANT NOTICE: Bidders agree to keep their username and password confidential as they are responsible for ANY and ALL activity involving their account.<br>
When using the web site you must obey any and all local state and federal laws. Violations will result in termination of web site use privileges.<br>
Auction company employees and/or auction company may bid on auction items.<br>
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 announcements from auctioneer take precedence over any printed material or any oral statements made. PROPERTY TAXES: All 2011 property taxes will be paid by the seller.
<br>
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>
<br>
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 deposit $3000.00 in the form of a 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 Thirty Days (30) from Auction Day. Purchaser will be responsible for all wire transfers. <br>
<br>
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, and all closing fees charged by the buyer's Title Company are paid by the Buyer(s). <br>
<br>
Successful Bidders not executing and returning their Contract with Earnest Money deposit within Forty Eight (48) 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>
<br>
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>
<br>
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>
<br>
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>
<br>
Barr Realty & Auction Co., Inc and their representatives are Exclusive Agents of the Seller(s).<br>
<br>
Real Estate is sold subject to any and all existing matters of record, and all easements, building use or zoning laws and regulations. Taxes and assessments will be pro-rated to the closing date. <br>
<br>
All Barr Realty & Auction Co., Inc Online Only Real Estate Auctions are timed events that have an auto-extend feature. Any bid placed within 10 minutes of the auction ending will automatically extend the auction for 10 minutes from the time the bid is placed. Example: If an auction scheduled to end at 5:00 pm receives a bid at 4:59 pm, the close time of the auction automatically extends to 5:09 pm. The auto-extend feature remains active until no further bids are received within the 10 minute time frame. <br>
<br>
IMPORTANT NOTICE: Bidders agree to keep their username and password confidential as they are responsible for ANY and ALL activity involving their account.<br>
When using the web site you must obey any and all local state and federal laws. Violations will result in termination of web site use privileges.<br>
Auction company employees and/or auction company may bid on auction items.<br>
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 announcements from auctioneer take precedence over any printed material or any oral statements made. PROPERTY TAXES: All 2011 property taxes will be paid by the seller.
Overview
Under Contract: Yes