Online Only Auction
Click Main Image For Fullscreen Mode
Price Realized Not Uploaded
Shipping Not Available
Date(s)
4/18/2016 - 5/12/2016
Bidding Notice:

This is an online only, timed real estate auction. At any time you may enter a maximum bid and the computer will bid on your behalf. This auction has an automatic extender, meaning that if a bid is placed in the final 5 minutes of bidding the bidding will be extended an additional 5 minutes until all bids have been recieved. This method replicates a live auction, and helps ensures that no bids ... Show More

Auction Notice:

Don't miss this great opportunity to buy a great home in a well established neighborhood at auction!


Information
Lot # 1
Lead House & Lot - 296 Oaklawn Circle Corbin KY 40701
Description
3 Bedroom 2.5 Bath House & Lot Approximately 1600 square ft. - Whitley County Property Tax Assessment $116,000 Home is very efficient offering economic heating and cooling expense. Fantastic neighborhood in Corbin City School District. Convenient location to down town Corbin, North Corbin and South Corbin exits. For an appointment to view this property, please contact the listing broker at 606-261-5043. Property is agency owned.
Name 296 Oaklawn Circle Real Estate Auction
Auctioneer
Type Online-Only Auction
Date(s) 4/18/2016 - 5/12/2016
Auction Date/Time Info
Online Only Auction, May 12th 4:00 PM EST
Preview Date/Time Please contact the listing broker any time to view this property at 606-261-5043.
Checkout Date/Time 10% Deposit is due by 6:00 pm on Thursday, May 12th 2016 with the balance being due within 30 days.
Location
Buyer Premium Example $10 Bid = $11 Selling Price
Description
DESCRIPTION: Property is located in the heart of Corbin in one of it’s most established neighborhoods. House is in very good condition and features 3 bedrooms, 2.5 baths, kitchen, living room/dining combo, utility room, garage and a bonus recreation room in the finished basement. Home has central electric air and gas furnace, large back deck with a farm view. AUCTIONEERS NOTE: If you are in the market for a move in ready home in the Corbin City school district, you won’t want to miss this auction!
10% buyers premium will be added to the final bid price to determine the sales price, 10% NON REFUNDABLE down payment due on May 10th by 6:00 pm with the balance due within 30 days. All properties are selling AS-IS with no guaranties or warranties expressed by the sellers or the auction company. All properties are sold subject to all easements of record including but not limited to city access and utilities. All inspections of properties should be done prior to bidding, if you would like to view the property please call Adam at 606-261-5043. Please note that all information is published for the convenience of buyers and should not be relied up exclusively. The successful high bidder on each property will be required to sign a Real Estate Purchase Agreement within 24 Hours of conclusion of the bidding and will make an earnest money deposit of ten percent (10%) of the total sales price payable to Interstate Auction & Realty Escrow Account. The balance is to be paid in full at the deed closing within 30 days. The contract will not be contingent upon financing. Current taxes will be prorated at the date of closing. Seller has the option of extending the contract 30 days to correct an unforseen title issues that may arise. All Measurements are from independant surveys and tax records and not guaranteed by the seller or the auction company. Online Bidding – Interstate Auction & Realty, Auctioneers, employees, or represented sellers will be held harmless in the event of techinchal difficulties beyond our control. Interstate Auction & Realty will not be held resposible if internet service fails to function properly, power outages occour, or software fails to function before, during or after the auction. Interstate Auction & Realty format is a “Timed Online Auction Event” that replicates a live auction scenario. In the event that a bid is placed in the final 5 minutes of the auction, the ending time will be extended for an additional 5 minutes to allow additional bids to be accepted. You may at any time enter your “Maximum Bid” and the computer software program will bid on your behalf up to your bid limit. If for any reason you need assistance please contact our office and we will be happy to assist you in the bidding process.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 9,750.00 250.00 USD
9,750.01 - 750,000.00 500.00 USD
750,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium Example $10 Bid = $11 Selling Price
Payment Terms
See terms and conditions.
NA
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.