10541 Cedar Acres Lane, Madison AL 35756

Cole Auction

 

Date(s) 5/1/2024 - 6/4/2024

Tuesday, June 4, 2024 @ 6:30 PM CST

Past Auction
Shipping Not Available
Bidding Notice:

Cole Auction does not accept credit cards for real estate. Buyer premium due within 24 hours of completion of auction. Contact Todd Hess at 256-541-2964 for wiring instructions. Wiring fee waived for real estate purchases.

Auction Information
Name 10541 Cedar Acres Lane, Madison AL 35756
Auctioneer
Type Live Webcast Auction
Date(s) 5/1/2024 - 6/4/2024
Auction Date/Time Info
Tuesday, June 4, 2024 @ 6:30 PM CST
Preview Date/Time Tuesday, June 4, 2024 @ 5:30 PM CST
Checkout Date/Time Not applicable for real estate
Location
Buyer Premium Real Estate premium
Description
Simultaneous LIVE and ONLINE Auction held LIVE ON-SITE Tuesday, June 4, 2024 @ 6:30 PM Under construction (mostly complete) home that is a must see! This two story 4 bedroom/4 bath home features an open concept floor plan, granite countertops throughout, breakfast nook and formal dining room. The owner’s suite features a large closet, walk-in tiled shower, along with a standalone tub. Upstairs you will find three additional bedrooms, two full sized baths, an office, generously sized loft area, and a bonus room. Great location just minutes from shopping, entertainment, Palmer Park, James Clemens High School and I-565.
License Information: Cole Auction Liquidators, LLC AL #284 Cole Properties & Auction, Inc. AL #120 Principal Auctioneers: Personal Property: W. Todd Hess AL #5536 Real Estate: W. Todd Hess AL #5536 Arthur Cole III AL #1417 *Online bidders must contact W. Todd Hess at 256-541-2964 within a minimum of 24 hours prior to the auction to complete registration for bidding online. No exceptions! A bank Letter of Guarantee in the amount of 10% of the minimum bid price may be required to complete registration. *A 10% Buyers Premium to be added to the final bid to determine the contract price on the Real Estate. *All property is sold “AS IS, WHERE IS”. Cole Auction works strictly as an agent for the seller. *10% down day of the sale, balance to be paid in 30 days or less. *Property is selling subject to all restrictions, easements and rights-of-ways. *Seller to pay prorated taxes and provide clear deed and title. *Purchaser to pay all of their own closing costs. *All decisions of the Auctioneer are final in case of bidding disputes. *Seller reserves the right to deny or expel anyone who attempts to disrupt the sale. *Property is to be considered to be sold under reserve unless otherwise specified. Cole Auction does not disclose the reserve price prior to the live auction. *Seller reserves the right to accept a winning bid prior to the live auction. *Property maps, surveys, inspections,etc. are for reference and sale purposes only. Neither the Auction Company nor the seller guarantees any of the information given. *It is the responsibility of the buyer to verify all specifications and conditions of the property. *No warranties or guarantees are being made as to condition, age or value prior to sale date. *No contingencies shall apply to the sale of the property, including a buyer receiving financing. *Buyers & Sellers and/or their agents may bid at the live auction, online, or by phone. Employees of Cole Auction may bid on behalf of others up to and including online bids, phone bids, absentee bids, and prebids. *All information that is being given is believed to be correct and reliable but is not guaranteed by the Auction Company. *Announcements made day of the sale take precedence over any written material. *Court ordered auctions are subject to final approval by judge regardless of reserve price. *Cole Auction will pay outside brokerage 2% of net commission. Sales price minus concessions (i.e. expenses and/or commission reductions). Agents must register with Beau Cole at beaucole@msn.com prior to auction. NO EXCEPTIONS! Agents and/or their clients must participate in the live auction to qualify for the payment.
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 - 1,000,000.00 2,500.00 USD
1,000,000.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium Real Estate premium
Payment Terms
Cole Auction does not accept credit cards for real estate purchases. 10% Premium due within 24 hours after close of auction. Contact Todd Hess at 256-541-2964 for wiring instructions. Remaining balance due upon closing. $25 fee for wire transfers is waived for real estate purchases. Purchaser has 30 days to close, but time to close may be extended on a case-by-case basis. Purchaser pays their own closing costs, but has the right to choose the closing attorney or title agent.
Cole Auction does not ship real estate. :)