Central Louisiana Property Online Auction

Bonnette Auction Co. LLC

 

Date(s) 1/24/2021 - 2/25/2021

The auction will begin closing Thurs. Feb. 25th 10am.

Past Auction
Online-Only Auction
Bidding Notice:

10% Buyer's Premium. All items sell "AS IS, WHERE IS" without warranty or guarantee.

Auction Notice:

REGISTRATION: In order to register for the auction you must submit a bank letter of guarantee, or a pre-approval letter from a finance company after you have registered online.

Auction Information
Name Central Louisiana Property Online Auction
Auctioneer
Type Online-Only Auction
Date(s) 1/24/2021 - 2/25/2021
Auction Date/Time Info
The auction will begin closing Thurs. Feb. 25th 10am.
Preview Date/Time Please call 318-443-6614 to set up a showing for any of the properties.
Checkout Date/Time Must close within 30 days or less after the close of the auction. All closings MUST be done with Brian Thompson of Thompson Law Firm LLC.
Location
Buyer Premium A 10% buyer's premium.
Description
Multiple investment properties located in Rapides, Grant, and Avoyelles Parish!
REGISTRATION: In order to register for the auction you must submit a bank letter of guarantee, or a pre-approval letter from a finance company after you have registered online. CLOSING: ALL CLOSINGS MUST BE DONE WITH BRIAN THOMPSON AT THOMPSON LAW FIRM LLC. BUYERS PREMIUM: 10% will be added to the final bid price, to be included in the total purchase price. For example, if the property sells for $100,000.00, then the total sales price would be $110,000.00. DEPOSIT: 10% down day of auction. Balance due at closing on or before 30 days. Guaranteed good title. For example if the property sells for a total sales price of $110,000.00 including buyer’s premium, then a deposit of $11,000.00 would be put down the day of the auction. FINANCING: Purchasers to obtain their own financing. Purchase Agreements are not subject to financing or qualification. All bidders are encouraged to pre-qualify. DISCLAIMER: All property to be sold “as is, where is”, with any and all faults and no implied warranties by Seller or Auctioneer. Please feel free to have an inspector or contractor look at the property with you. All information and dimensions were derived from sources believed correct but are not guaranteed. Buyers shall rely on their own information, judgment, and inspection of the property and records, including, but not limited to, all documents recorded in the county or parish where the property is located. All announcements from the auction block will take precedence over any previously printed material or any other oral statements made. Properties not sold absolute will be offered subject to seller’s confirmation within 2 business days. LA Lic#818
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 1,000.00 250.00 USD
1,000.01 - 10,000.00 1,000.00 USD
10,000.01 - 100,000.00 1,000.00 USD
100,000.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium A 10% buyer's premium.
Payment Terms
REGISTRATION: In order to register for the auction you must submit a bank letter of guarantee, or a pre-approval letter from a finance company after you have registered online. BUYERS PREMIUM: 10% will be added to the final bid price, to be included in the total purchase price. For example, if the property sells for $100,000.00, then the total sales price would be $110,000.00. DEPOSIT: 10% down day of auction. Balance due at closing on or before 30 days. Guaranteed good title. For example if the property sells for a total sales price of $110,000.00 including buyer’s premium, then a deposit of $11,000.00 would be put down the day of the auction. FINANCING: Purchasers to obtain their own financing. Purchase Agreements are not subject to financing or qualification. All bidders are encouraged to pre-qualify. DISCLAIMER: All property to be sold “as is, where is”, with any and all faults and no implied warranties by Seller or Auctioneer. Please feel free to have an inspector or contractor look at the property with you. All information and dimensions were derived from sources believed correct but are not guaranteed. Buyers shall rely on their own information, judgment, and inspection of the property and records, including, but not limited to, all documents recorded in the county or parish where the property is located. All announcements from the auction block will take precedence over any previously printed material or any other oral statements made. Properties not sold absolute will be offered subject to seller’s confirmation within 2 business days. LA Lic#818 TAXES: Taxes will be pro-rated.
Property must close within 30 days or less of Auction Date. All closings MUST be done with Brian Thompson at Thompson Law Firm, LLC.
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.