228-232 E Jacob St. Louisville, KY-New Auction Date

Auction Professionals of Kentucky

 

Date(s) 3/1/2021 - 4/7/2021

Bidding Ends on Wednesday, April 7, 2021 4:00pm with soft close.

Past Auction
Online-Only Auction
Bidding Notice:

BUYER'S PREMIUM: A 10% Buyer's Premium will be added to the winning bid to determine the contract selling price for real estate. (Example: Bid Amount $500,000.00 + 10% Buyers Premium ($50,000.00) Contract selling price is $550,000.00) 10% non refundable down payment is due on the next business day by 12pm. Cashier Check, Wire Transfer or personal check secured by personal demand note.

Auction Information
Name 228-232 E Jacob St. Louisville, KY-New Auction Date
Auctioneer
Type Online-Only Auction
Date(s) 3/1/2021 - 4/7/2021
Auction Date/Time Info
Bidding Ends on Wednesday, April 7, 2021 4:00pm with soft close.
Preview Date/Time OPEN HOUSES: By appointment only. Contractor must be present.
Location
Buyer Premium 10% Buyer's Premium will be added to bid
Description
ONLINE ONLY-www.BidKentucky.com 228-232 East Jacob Street, Louisville, KY Bidding ends on Wednesday, April 7, 4:00pm Property was damaged in a fire on Saturday, March 13, 2021. Great development opportunity! This property is situated on approximately ¾ of an acre and benefits from a fantastic location close to the Central Business District, NULU and hospitals.
TERMS & CLOSING: Purchaser shall make a non refundable down payment of 10% of final sale price at the conclusion of the auction of in the form of cash, certified check, cashier's check, or good personal check secured by purchaser's personal demand note payable to the RE/MAX 100. Balance to be paid for a general warranty and insurable title on or before May 7, 2021. Possession with deed. In the event BUYER fails to perform according to the terms of this contract, the down payment shall be forfeited as partial liquidated damages, and not as a penalty, without affecting any of SELLER'S further remedies. PRE-AUCTION OFFERS: Seller will consider any pre-auction offer. REAL ESTATE PRORATIONS: Real estate taxes to be prorated to date of delivery of Deed on property. ONLINE BIDDING PROCESS: Auction Professionals of Kentucky Online Only Real Estate Auctions are timed events that have an auto-extend feature. Any bid placed within 5 minutes of the auction ending will automatically extend the auction for 5 minutes from the time the bid is placed. Example: If an auction scheduled to end at 4:00 p.m. receives a bid at 3:59 p.m., the close time of the auction automatically extends to 4:05 p.m. The auto-extend feature remains active until no further bids are received within the 5 minute time frame. REFRESH YOUR SCREEN CONSTANTLY DURING THE CLOSING MINUTES OF THE BIDDING!
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 - 97,500.00 1,000.00 USD
97,500.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 10% Buyer's Premium will be added to bid
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.