HWY.63 BY PASS

King Auction Company

 

Date(s) 5/16/2017 - 5/30/2017

Online Only Auction will begin on Tuesday, May 16, 2017 at 10:00 am CST Auction will end on Tuesday, May 30, 2017 at 2:00 pm CST. INTERNET-ONLY AUCTION

Past Auction
Online-Only Auction
Bidding Notice:

This is an online internet bidding only auction subject to Seller's Confirmation. All bidding will take place online.

Auction Notice:

There is a 10% buyers premium added to the purchase price to arrive at the total contract price. Ten (10%) will be required at the conclusion of the auction.

Auction Information
Name HWY.63 BY PASS
Auctioneer
Type Online-Only Auction
Date(s) 5/16/2017 - 5/30/2017
Auction Date/Time Info
Online Only Auction will begin on Tuesday, May 16, 2017 at 10:00 am CST Auction will end on Tuesday, May 30, 2017 at 2:00 pm CST. INTERNET-ONLY AUCTION
Preview Date/Time Property lays on Highway 62/412 across the street from the Tobacco shop in Highland, Arkansas. United Country Dynasty Auction Realty sign is on the property.
Checkout Date/Time Checkout immediately following the auction. United Country Dynasty Auction & Realty will have a contract written and ready for signatures and the 10% down payment.
Location
Buyer Premium 10% Buyers Preumium + 3% Credit Card Fee
Description
Approximately 435 feet on Hwy. 63 Bypass in Hardy. Perfect building spot for retail, automotive, storage for boats, etc.....
TERMS AND CONDITIONS HWY. 63 BYPASS, HARDY, ARKANSAS BEGINNING DATE: MAY 16, 2017 United Country Dynasty Auction and Realty an Arkansas LLC located at 420 W. Jefferson Ave, Suite B, Jonesboro, AR 72401 (telephone 870-275-6249) and its Arkansas broker, Joel M. King ("Broker")( these parties collectively "Auctioneer") have contracted with Joel M. King and Kim A. King to offer to sell at public auction ("Auction") certain property ("Property"). These terms, plus and additions, deletions, and/or revisions announced by Auctioneer before the commencement of the Auction, represent the exclusive terms for the Auction ("Terms of Auction"). 1. AGENCY: Auctioneer has the right to represent both buyer and seller with consent from the seller. 2. PROPERTY: The Property is described in the "Real Property Sale Contract" ('Sale Contract"), a copy of which is available from Auctioneer, online at www.unitedcountrydynasty.com or UcDynastyAuctions.com and posted at the Auction. 3. DUE DILIGENCE: Seller and Auctioneer do not attempt to provide Bidder with all of the information Bidder may need to make an informed decision about the Auction and Property. Bidder should obtain professional advice and conduct due diligence on the Property, title commitment (available from Auctioneer and posted at the Auction), surrounding area, all information provided by Seller or Auctioneer, "Property Information Package" (available from Auctioneer and posted at Auction), public records, Terms of Auction and Auction Sale Contract. All information provided by Auctioneer came from Seller and is believed to be accurate, but neither Seller nor Auctioneer guarantees, represents, or warrants its accuracy or completeness and Bidder should not rely upon it without independent inspection and verification from sources Bidder knows to be reliable. Seller and Auctioneer are not required to update any information provided or published and shall have no liability on any basis for failing to do so. 4. DISCLAIMER: Participation in the Auction is at Bidder's sole risk and Seller and Auctioneer, plus their agents, contractors, and employees, shall have no liability on any basis. The Property will be offered in "AS IS, WHERE IS" condition. To the fullest extent allowed by law, Seller and Auctioneer unconditionally disclaim any guarantee, representation, or warranty of every kind, whether, expressed, implied, or statutory, whether oral or written, whether past, present, or future, with respect to all Property Issues, except as expressly provided in the Terms of Auction and the Sale Contract. This is an ONLINE ONLY auction SUBJECT TO SELLER CONFIRMATION. Bidding online will begin on May 16, 2017 at 10:00 am CST and end on May 30, 2017 at 2:00 pm. Go to unitedcountrydynasty.com to register to bid. There is a Ten (10%) buyers premium on this Real Estate transaction. 5. DISCLOSURES: The Property will be offered for sale and conveyed subject to all conditions, covenants, deeds, easements, reservations, restrictions, right-of-ways, title exceptions, and matters of records. Maps, depictions, and sketches in any materials related to the Property are for illustration purposes only and Seller and Auctioneer do not guarantee, represent, or warrant their accuracy or completeness. Property is Broker Owned. 6. REGISTRATION: Any competent adult with a satisfactory photo identification who properly registers and complies with the Terms of Auction may bid. Auctioneer may refuse to register or expel any person who is disruptive, noncompliant, or previously caused a problem for Seller or Auctioneer. Any person intending to bid on behalf of another must present Auctioneer with an executed, enforceable, recorded, and unexpired power of attorney with is subject to Auctioneer's approval. The requirements for Bidder registration may be waived by Auctioneer with respect to any Bidder, without waiving same for any other Bidder. By registering, Bidder acknowledges receipt of Terms of Auction and access to the Sale Contract and unconditionally and irrevocably agrees to be bound by both. 7. AUCTION METHOD: The Property is scheduled for offering is "SUBJECT TO SELLER CONFIRMATION". Auctioneer's discretion includes, but is not limited to, the auction method, bid-calling, bid increments, and determining the buyer. The decision of Auctioneer is final regarding all matters that arise before, during, or after the Auction. Bidder shall not retract any bid. Bidder's purchase shall be considered a single transaction. 8. SALE CONTRACT: This is a cash sale and not contingent upon any matter, including Buyer obtaining financing. Buyer shall immediately execute the Sale Contract and all related documents presented by Auctioneer to bind Bidder and Seller to the sale of the Property. The Term of Auction is incorporated into the Sale Contract which defines the entire agreement between Seller and Buyer. The Terms of Auction complement the Sale Contract and, in the event of any conflict between them, the Sale Contract shall control in all instances. Buyer shall execute the Sale Contract and no addition, deletion, or revision shall be permitted. A Buyer's Premium of 10% of the high bid price to be paid by the successful bidder and will be added to the high bid to represent the total contract price. 9. DEPOSIT: Buyer shall immediately pay to the escrow/closing agent, in U.S. Dollars, and earnest money deposit of no less than ten-percent (10.00%) of the total contract price of the Property ("deposit"). If for any reason Buyer fails to timely execute the Sale Contract or pay the deposit, Seller has sole discretion, to: (a) pursue all legal and equitable remedies available against Buyer, or (b) declare Buyer's bid to be immediately forfeited, null, and void, without any requirement of notice, and immediately re-sell the Property to another buyer. 10. CLOSING: The closing will be on or about June 30, 2017. 11. POSSESSION: Possession will be at closing. 12: REAL ESTATE TAXES: The Seller will be responsible for all of 2016 taxes that are due in 2017, and the 2017 taxes will be prorated at day of closing and credited to Buyer for them to pay in 2017. 13: MINERAL RIGHTS: All mineral rights owned by the Seller will be conveyed at closing to Buyer. 14: BUYER BROKER PARTICIPATION: Buyer Broker will be able to represent a Buyer provided they properly register the Buyer within 24 hours of the sale. The Broker may obtain a Buyer Broker Form by contacting Auctioneer at 870-275-6249. 15: MISCELLANEOUS: The Terms of Auction shall bind Bidders and their agents, assigns, attorneys, beneficiaries, brokers, directors, distributes, employees, executors, heirs, legatees, officers, representatives, shareholders, and successors in interest. No deletion, modification, supplement, or waiver of any provision of the Terms of Auction shall be made, except by Auctioneer's written revision or announcement the day of the Auction.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 97,500.00 500.00 USD
97,500.01 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium 10% Buyers Preumium + 3% Credit Card Fee
Payment Terms
PAYMENT TERMS: CASHIERS CHECK MADE PAYABLE TO "United Country Dynasty Trust" WIRE TRANSFERS: Call our office for wiring instructions.
This is a Real Estate auction. Pickup does not apply.
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.