The Broyles Trust - Lingo Farms

Gavel Pro Real Estate and Auction

 

Date(s) 10/10/2018 - 10/20/2018

Saturday October 20, 2018 10:30 A.M.

Past Auction
Bidding Notice:

Real Estate 10% deposit the day of the sale, balance due at closing within 30 days. 10% Buyer's Premium will be added to final bid and successful bidder will be required to sign a note for the entire sale price including buyer's premium which will be null and void upon completion of contract. Personal Property to be paid in full on day of sale. 10% Buyer's Premium applies to Personal Property. ... Show More

Auction Notice:

During the live auction groupings will be offered after Lots 1 and 2 have sold. At the end a groupings of all lots will be offered. This online auction will close live on site. If you are bidding online please be avaialbe starting at 10:30 a.m. on Saturday October 20, 2018 - logged in and ready to bid. Any groupings are subject to 5% increase of the bid price of all lots. Example: ... Show More

Auction Information
Name The Broyles Trust - Lingo Farms
Auctioneer
Type Live Webcast Auction
Date(s) 10/10/2018 - 10/20/2018
Auction Date/Time Info
Saturday October 20, 2018 10:30 A.M.
Preview Date/Time Open house Friday October 19, 2018 5:00 p.m. - 7:00 p.m.
Checkout Date/Time Saturday October 20, 2018
Location
Buyer Premium 10% of Purchase Price
Description
We have been commissioned to liquidate property belonging to the Jeffrey L. Broyles Trust. This property was formerly the Lingo Farm and Lingo Packing House. Jeff's grandparents started Lingo Farms in 1949 and operated successfully for many years. This is truly a piece of local Jonesborough history. The property is being offered at public auction to be sold in tracts or as a whole. Developers take note, this property is surrounded by developments and is in a sought after area. Don't miss your chance to buy this property at auction prices. Online bidding will begin October 10th, 2018 and will close at the live auction on October 20, 2018 During the live auction groupings will be offered after Lots 1 and 2 have sold. At the end a groupings of all lots will be offered. Any groupings are subject to 5% increase of the bid price of all lots. Example: Lot 1 = $100,000 Lot 2 = $100,000 Grouping of Lots 1 and 2 = $200,000 + $10,000 (5%) = $210,000 If a bid of $210,000 is made, then bidding will reopen under a different lot. Please use the comments section to ask questions during the live auction.
Internet Premium: 10.00% Payment Options: Check, Wire Transfer, and Cash Payment Instructions and Terms: Real Estate 10% deposit the day of the sale, balance due at closing within 30 days. 10% Buyer's Premium will be added to final bid and successful bidder will be required to sign a note for the entire sale price including buyer's premium which will be null and void upon completion of contract. Personal Property to be paid in full on day of sale. 10% Buyer's Premium applies to Personal Property. Lead Base Paint Waiver: Prospective buyers (bidders) shall receive a ten day opportunity prior to sale date to conduct a risk assessment of inspection for the presence of lead base paint hazards & must waive their opportunity to conduct any further inspections on sale day. This notice is for any house built prior to 1978. Cash, Credit Card or Good Check only. Notice: All information contained herein deemed reliable but not guaranteed. Auctioneer's statements day of sale will take precedent over all printed material. Online Winning Bidder will receive a contract to sign via email and will need to return executed contract and 10% deposit by wire the next business day following the auction. Currency Type: USD Preview Date & Times: By appointment. NOTICE: All information contained herein deemed reliable but not guaranteed. Auctioneer statement day of sale will take precedent over all printed material. When using our online auction services you are making firm commitments to purchase said item(s) and are entering into a legal and binding contract. Bids may not be cancelled or retracted for any reason. Non paying bidders or fraudulent bidding will subject you to legal recourse and possible criminal charges including any fraud and/or interstate commerce violations. You also acknowledge that the Internet may be an unreliable and error prone network. Gavel Pro Real Estate and Auction, LLC will not guarantee that bids placed online will always be transmitted to or received by the auctioneer in a timely fashion. You agree to hold Gavel Pro Real Estate and Auction, LLC and their employees harmless for any interruptions in online bidding. SOLD AS IS, WHERE IS. NO contingencies to closing. ALL closing costs at the buyers expense.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 100,000.00 10,000.00 USD
100,000.01 - 9,999,999.99 5,000.00 USD
Currency USD
Buyer Premium 10% of Purchase Price
Payment Terms
Payment Options: Check, Wire Transfer, and Cash
None
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.