COMMERCIAL REAL ESTATE

TERMS AND CONDITIONS ON REAL ESTATE: Parcel 1 and Parcel 2 will require a $10,000.00 deposit (each) day of auction or within 48 hours of the auction ending time with balance due by May 14th, 2018 by 4:00 PM CDT. All deposits to be made in the form of cash, cashier’s check or personal check with up to date bank letter guaranteeing funds or by wire transfer. All bidders must register prior to bidding. TAXES: 2018 taxes will be prorated at time of closing. POSSESSION ON REAL ESTATE: Will be date of new deed transfer only. The buyer of Parcel 2 will start collecting storage units’ rent in June 2018. SURVEY: The sellers will flag corners to the best of their knowledge on Parcels 1 & 2. If the buyer or buyer’s lender wishes to have a survey completed prior to closing it will be at the buyer’s expense. Parcel 1 and Parcel 2 are cash deals with no financing provisions. The down payment deposits are non-refundable in the event of buyer default. So please make sure you have your financial arrangements in order.<br>
<br>
INSPECTION OF REAL ESTATE AND IMPROVEMENTS: To inspect inside of Parcel 1 or Parcel 2 buildings, please contact Auctioneer Mark Barr at 270-257-2136 to schedule an appointment. Inspection of acreage and outside of buildings at your leisure during daylight hours.<br>
<br>
Parcel 1 and Parcel 2 are subject to the following easements: Meade County RECC, HMU water, ATMOS gas, AT&T, BBTEL, roadway and drainage (all listed may not apply to both parcels).<br>
<br>
Title Search on all Real Estate will be at buyers’ expense.<br>
<br>
Electric Service Information: Parcel 1 and Parcel 2 electrical services have been disconnected for more than 12 months so Meade County RECC requires an inspection prior to connecting.<br>
<br>
BUYERS PREMIUM: A 10% buyer’s premium will be added to all winning bids to determine the final selling price on Real Estate. IMPORTANT NOTICE: 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 make 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 the auction block take precedence over any printed material, email, website and/or any oral statements made. Not responsible for accidents.