Court Ordered Lake Area Online Only Absolute Estate Auction

Golden Rule - Wilson Real Estate & Auction, LLC

 

Date(s) 6/12/2018 - 6/26/2018

Ending Tuesday, June 26th, at Approx. 6 PM EDT (Fast Time)

Past Auction
Online-Only Auction
Bidding Notice:

You can manually bid each time or conveniently use the Maximum Bid feature & let the computer automatically bid for you in increments just over the next highest bidder or until it reaches your max bid

Auction Information
Name Court Ordered Lake Area Online Only Absolute Estate Auction
Auctioneer
Type Online-Only Auction
Date(s) 6/12/2018 - 6/26/2018
Auction Date/Time Info
Ending Tuesday, June 26th, at Approx. 6 PM EDT (Fast Time)
Preview Date/Time OPEN HOUSE: Saturday, June 23rd from 3 to 5 P.M. EDT (Fast Time)
Checkout Date/Time Non-refundable 15% deposit via cashier’s check, personal check or wire transfer. . (Purchaser responsible for any Wire or Transfer Fees.) and signing of non-contingent purchase contract with-in 48 hours of Auction Ending. Purchaser to close on or before 30 days.
Location
Buyer Premium 10% Buyer’s Premium applies
Description
Court Ordered Lake Area Online Only Absolute Estate Auction Ending Tuesday, June 26th, at Approx. 6 PM EDT (Fast Time) Approximately 10 Acres, m/l, with 2007 Mobile Home, Barn, Outbuildings & Former Stone Church / House located near Lake Cumberland in the Eadsville Community of Wayne County. LOCATION: Located within 1/2 mile of Boat Ramp at 91 Camp Attrahunt Road, Monticello KY. Auction Banners Posted. Auction Held for The James Ferrell Estate. OPEN HOUSE: Saturday, June 23rd from 3 to 5 P.M. EDT (Fast Time) ATTENTION INVESTORS or FOLKS LOOKING FOR A LAKE RETREAT! Nice lake area retreat on Camp Attrahunt Road offering boat ramp access just over the hill! Property offers 10 Acres, m/l, per PVA tax records that appears mostly cleared with small woods near back. Property is being offered as a whole, but appears suitable for subdividing with long blacktop road frontage. Property is improved with a 1-owner 2007, titled 16ft. x 60ft. mobile home having 3 bedrooms, 2 bath, living room, kitchen / dining area, utility area, large covered front porch, central heat & air & county water. ALSO, serveral outbuildings & shade trees on the property along with a stone building that was formerly a church converted to living quarters.
Property is being sold subject to the Court Order to sell real estate of the decedent and that document has been added to the pictures. Also, in that document is the attached legal description of the property. Property is also being sold subject to all easement and appurtenances of record including a perpetual easement for a telecommunications structure originally found in Deed Book 194, Page 305 in Wayne County. TERMS: Non-refundable 15% deposit to be made to Golden Rule-Wilson Real Estate & Auction #2, LLC Escrow within 48 hours of auction ending via cashier’s check, personal check or wire transfer. . (Purchaser responsible for any Wire or Transfer Fees.) Purchaser to sign a NON-CONTINGENT Contract to Purchase via email, fax or in person within 48 hours of auction ending. Purchaser to pay in full and close cash with deed on or before 30 days from auction date. No contingencies- IF YOU CAN’T CLOSE, DON’T BID. A ten percent buyer’s premium will be added to the final bid to determine the final sales price. Property taxes paid by purchaser for 2018. Purchaser responsible for own title search if desired. Purchaser responsible for any inspections if desired and own due diligence prior to bidding. Golden Rule – Wilson Real Estate & Auction #2, LLC’s (Hereinafter referred to as Golden Rule – Wilson, LLC) Online Auctions are timed events and all bidding will close at specified time. Golden Rule – Wilson’s online auctions also have an auto extend feature. If a bid is placed in the final 3 minutes of an auction, the close of the auction will be automatically extended 3 minutes from the time the bid was placed. Example: if an auction scheduled to close at 6:00 receives a bid at 5:59, the close time will automatically extend 6:02. The auto extend feature remains active until no further bids are received within a 3 minute time frame. All property is sold in “AS IS” and “WHERE IS” condition. ALL SALES ARE FINAL! Bidder understands and agrees that no refunds, exchanges, adjustments, charge backs, etc, will be allowed. All item descriptions are believed to be accurate to the best of our knowledge & ability; however, they are not guaranteed. All property is expressly sold ‘AS, IS”. There SHALL be no grounds for any claim, refund, adjustment, charge back, etc. All description information has been gathered from sources which we believe to be reliable but are not guaranteed. Auctioneer makes no warranty or guarantee of any kind with respect to condition, authenticity, provenance, source, condition, suitability for a particular purpose, etc. Auctioneer reserves the right to change, modify, delete any item or lot or description in the auction as may be necessary. SERVER & SOFTWARE TECHNICAL ISSUES: IIn the unlikely event the Bidding Software or the bidding system should fail, the auction company reserves the right to extend the bidding past the advertised closing date and time. Should this unlikely event happen, all registered bidders will be emailed accordingly with the new ending date and time. The date & time extension will apply to both open and closed lots should a system failure occur. In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Golden Rule – Wilson, LLC reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE nor GOLDEN RULE – WILSON, LLC, SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by Golden Rule – Wilson, LLC. Any dispute between Golden Rule – Wilson, LLC its Agents or Representatives and the Buyer(s) will be tried in a court of jurisdiction in Adair Count, Kentucky. By bidding on the property, buyer agrees to all terms and conditions set forth. AGENCY: Golden Rule – Wilson, LLC Agents and Representatives are agents of the Seller. Buyer and or Bidder agrees to hold harmless and indemnify Golden Rule – Wilson, LLC and its Agents and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc. Golden Rule – Wilson, LLC reserves the right to alter this agreement at any time. This will take place by updating this site. Please check back and review these terms as every time you use this site you are agreeing to the terms as they are written at that time. Auction company employees and/or auction company may bid on and purchase auction items. BIDDER DEFAULT: Failure to complete a purchase is illegal and will result in one or more of the following (1) prosecution (2) loss of bidding privileges for Golden Rule – Wilson, LLC auctions. If a bidder at any time feels his/her username, password or bidder number has been compromised due to lack of security by the bidder, notify the Auctioneer immediately. For additional information, contact Golden Rule – Wilson LLC, Auctioneers at 270-866-6600. TIME IS OF THE ESSENCE in regard to all auction terms. AUCTIONEER NOTES: This is a beautiful property with nice road frontage. A great investment. Get online & get prepared to buy at your price! Note: Only pertains to the older uninhabitable house on property; Successful bidder will be required to sign a lead based paint waiver as required on any home built prior to 1978.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium 10% Buyer’s Premium applies
Payment Terms
Non-refundable 15% deposit to be made to Golden Rule-Wilson Real Estate & Auction #2, LLC Escrow within 48 hours of auction ending via cashier’s check, personal check or wire transfer. (Purchaser responsible for any Wire or Transfer Fees.) Purchaser to sign a NON-CONTINGENT Contract to Purchase via email, fax or in person within 48 hours of auction ending. Purchaser to pay in full and close cash with deed on or before 30 days from auction date. No contingencies- IF YOU CAN’T CLOSE, DON’T BID. A ten percent buyer’s premium will be added to the final bid to determine the final sales price. Property taxes paid by purchaser for 2018. Purchaser responsible for own title search if desired. Purchaser responsible for any inspections if desired and own due diligence prior to bidding.
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Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.