Name Land and Ranch Property in North East Texas
Auctioneer Myers Jackson
Type Online-Only Auction
Date(s) 6/23/2021 - 9/29/2021
Wednesday, September 29, 2021 at 11:00 AM CST
Preview Date/Time TBA
Checkout Date/Time At Bid Award
Location CoRd 25630
Petty, TX 75421
Buyer Premium 10% Buyers Premium.
Land and Ranch Property in Lamar Co., North East Texas offers 8 individual tracts of varying acreage sizes ranging from 10.7+/- to 38.20+/- ... or the acreage as a whole. Myers Jackson Texas Broker 0698695, Texas Licensed Auctioneer TDLR 17057 Information About Brokerage Service can be found at: Texas Real Estate Commission Consumer Protection Notice Information To Contact the Texas Department of Licensing and Regulation can be found at
Auction Terms & Conditions PROPERTY INFORMATION PACKAGE PURPOSE: To provide terms and conditions specific to the property listed in addition to the general terms and conditions that can be found by clicking the terms link on this page. Both specific general terms and conditions shall govern the conduct of the sale. The general terms and conditions are published and may remain constant for each sale. The specific terms and conditions may signify certain attributes that are conditional to the property described below. SALE TYPE - AGENCY Seller has initiated the liberty of bidding and property shall be sold subject to seller’s confirmation. Brokers and Auctioneers represent the seller and shall not represent the buyer. INFORMATION ABOUT BROKERAGE SERVICES TEXAS REAL ESTATE COMMISSION CONSUMER PROTECTION NOTICE LEGAL DESCRIPTION: 95+/- Acres, Lamar County, Texas Property ID: 81327 - A560 A MC LENNAN SURVEY, TRACT 41, ACRES 22.5 Property ID: 91386 - A111 E M BENNET SURVEY, TRACT 4 ACRES 129 ADDRESS: Proposed Purchase Combination T1 CoRd 25630, Petty, TX 75421 Parcel ID: 91386 PENDING T2 CoRd 25630, Petty, TX 75421 Parcel ID: 91386 T3 CoRd 25630, Petty, TX 75421 Parcel ID: 91386 & 81327 T4 CoRd 25630, Petty, TX 75421 Parcel ID: 91386 PENDING T6 CoRd 25630, Petty, TX 75412 Parcel ID: 91386 PENDING T8 CoRd 25630, Petty, TX 75421 Parcel ID:91386 & 81327 SPECIFIC TERMS and CONDITIONS Terms and Conditions of the sale may change and shall be an addendum to General Terms and Conditions. Certain requirements may vary from sale to sale. Such changes shall be considered specific terms of the sale. Specific terms and conditions may include, however not limited to the amount of Option Money Required, Escrow Deposits, Time to Close, Buyers Premium, Auctioneer Fees, Real Estate Brokerage Requirements. Other terms that apply to the property being offered. Such terms may change without individual notice. It is incumbent on the purchaser or any agent to read all terms and conditions prior to bidding or making an offer. ORDER OF SALE The Broker – Auctioneer shall determine the method of sale and shall retain the right to schedule, reschedule or determine the platform and how the sale will be processed. Property may be offered as single property. Property may be divided into separate parcels. The method that produces the best offer to the seller will determine how this property sells. Property is selling subject to Sellers approval. Sellers have initiated the liberty of bidding and may make adjustments accordingly. Seller has authorized to refuse bidding privileges to persons that do not qualify or to those that will not comply with bidding procedures. PERSONAL PROPERTY No personal property shall transfer with any part of this sale. PROCESSING of BIDS (OFFERS) Broker – Auctioneer under the direction of the seller may process bids (offers) submitted with proper qualifications that satisfy the sales process. Additional information may be found under the Bid Administration tab. Bids (Offers) may be subject to additional payments or fees such as auctioneers fee, buyer premiums, closing costs. OPENING BID A written opening bid is required to initiate purchase rights. Bids (offers) may be lower than the suggested opening bid, however may not warrant suitable or acceptable requirements of the seller. All being subject to Multiple Offer Management. Opening bids or subsequent bids remain conditional. PURCHASE AND SALE AGREEMENT (CONTRACT SAMPLE) Will be available for review prior to bidding upon request. Purchaser will be required to execute and return immediately after the bid award along with required payments. TAXES Taxes currently due shall be prorated on the day of closing. Estimate Annual Taxes $____________ Any taxes due for prior years in the amount of $_______ more or less shall be paid by the seller. INSPECTIONS PREVIEW Conduct Final Inspections prior to sale date. Special requests considered. Text (469) 460-4848. SALE DATE Time is of the essence as soon as purchase and sale agreements or other contract documents are executed to confirm the sale bids as soon as the purchaser may be readily available to submit. Subject to change at seller direction. Property may be sold prior to bid date without notice or announcement. EXPECTATIONS Purchasers are to inspect the property at their own expense. Escrow deposits in addition to closing costs, buyer’s premium shall be the purchaser’s responsibility. This transaction shall be non-contingent on financing. BROKER PARTICIPATION A duly qualified broker may be paid up to 3 % commission based on the purchase amount at bid award with allowable registration subject procuring cause rights. Subject to Buyers Premium payment. AUCTION FEE The Auction fee is the Buyer’s premium as explained in the next paragraph. The Auction fee is non-refundable and becomes property of the Auctioneer and shall be made readily available for immediate use. BUYERS PREMIUM Any potential purchaser may create an account at, register for the prospective property sale. This bid may be used to determine the highest offer, if you desire you may make additional offers or bid during the process until the Auctioneer closes bidding after acceptance of a qualified offer by the seller. Bid increments shall be administered by the Agent up to the close of bidding. Opening bids will be at the discretion of Agent being subject to refusal. At bid award the buyer premium becomes property of the Auctioneer subject to immediate deposit. Purchasers may not restrict, hold or demand repayment after the confirmation of sale. In the event of collection procedures, the Auctioneer may use all lawful means necessary to collect and recover all costs and attorney’s fees associated with this bid offering. TERMS OF REAL ESTATE The successful Purchaser(s) shall sign and return a real estate sales contract immediately after confirmation and acceptance of bid. Then by wire transfer or certified funds, for option money and/or escrow deposits shall be sent immediately after acceptance of offer. A 10% Buyer’s Premium will be calculated on the bid price on Real Estate then payable to Myers Jackson – Licensed Broker 0698695, Texas Auctioneer TDLR 17057 immediately after confirmation and acceptance of offer. 10% Escrow Deposit 10% Auctioneer Fee CERTIFICATIONS Purchaser(s) proof of payment will be certified by the Purchaser at closing. Certified funds will be required to bid in the amount of $__________ plus any balance of required earnest deposits option money and/or Buyers Premium to be tendered on the day of execution of contract with bank letter of guarantee submitted. TITLE Seller will warrant transfer of title. Purchaser(s) may purchase title insurance at purchaser’s expense at the time of closing. Subject to Permitted Exceptions, and Specific and all General Terms and Conditions of the sale. OPTIONS The Buyer may or may not propose an option period to purchase this property. Option money shall be paid at the direction of the Seller. Extended option periods may increase the actual amount of option money paid. No option money is paid if option period is not requested by the buyer. ESCROW DEPOSIT Suggested closing agent to hold money: CAPITAL TITLE OF TEXAS, 1105 GLADE RD. STE. 200, COLLEYVILLE, TX 76034, Izzy Lane, Escrow Officer at (817) 916-8930. Earnest Money will be applied toward the purchase of property subject to Independent Consideration. No matter the closing agent, Buyers Premium belongs to Myers Jackson. Option money shall belong to the seller at the time of contract execution. Appropriation of all funds shall be reflected on the closing document. CONTRACT, PAYMENTS AND CLOSING Time is of the essence this transaction shall close on or within 30 days after executed contract. Purchasers shall be required to sign a purchase and sale agreement immediately after bid award. Certified funds for all required deposits, escrow deposits, option money, auction fees, other considerations and/or any balance due at closing shall be required. APPRAISALS Purchasers may conduct an independent appraisal prior to bid award. Purchase is non-contingent on appraisal or other third-party valuations. DISCLOSURE Additional disclosures may be available up request at and AUTHENTICITY The information shall be deemed true and correct; however, the purchaser shall be responsible for independent verification prior to bidding at purchaser’s expense. NOTABLE OBSERVATIONS Subject Property: Compatible with the Neighborhood Energy Source: Electrical Dimensions: Regular Conforming Proximity: Average for Schools, Commerce, Employment USE Zoning: Location: Address, City, State, Zipcode Landscaping: Natural Upgrades: Not Applicable Physical Deficiencies: None Observed Environment Impact: No Negative Impact Known Neighborhood Boundaries: __________ County Market Conditions: Favorable Overall Condition of the Property: Any observation shall not be meant to be any warranty of condition; no guarantee shall be made to the accuracy of the noted element. Property shall transfer by deed of record and any claims attached unless otherwise announced. Subject to Zoning, Planning, any government regulation as recorded at time of purchase. REGISTRATION Each person participating in a potential or any person that wishes to attend an open house, property inspection or showing, must be required to register in advance of entry into the property all being subject to seller requirements of preferential invitation. Seller, Broker and Auctioneer will comply with all fair housing regulations; however, entry may be restricted based on the following: Sellers, Brokers and Auctioneers may analyze cash availability, delivery of earnest money, buyers premium, auction fees and/or other payments, and then may reduce, alter, amend or suspend requirements on a case by case basis. Registration in writing, Myers Jackson Bidding Platform or other approved method. Proper Statement of Funding and/or Proof of funds that show capabilities to purchase. Agree to Conditions of Sale in advance of entering property: home or grounds. Enter Factual Buyer information at HOW TO REGISTER AND BID ON-LINE Logon to: Read, accept term and conditions Enter factual buyers’ information Make the highest possible bid Follow, check for additional bids If awarded the bid, prepare to sign contract On-line bidding may be combined with live auctions Information About Brokerage Services Texas Real Estate Commission Consumer Protection Notice To Contact the Texas Department of Licensing and Regulation DISCLOSURES Myers Jackson Auctioneer, Real Estate Auctions, Land Auctions, Online Auctions, Myers Jackson, Auctioneer, Real Estate Broker, Texas Real Estate Agent, Discovery Auctioneer, DIY Auctioneer on " Texas Flip and Move". I enjoy photography, travel and meeting new people. I help others sell their property including real estate, personal and business property. While I am working for these fine folks I get out my camera and start taking it all in one frame at a time. Additionally, "Myers Jackson" is licensed as a Real Estate Broker: AL, FL, GA, MS, NY, OK, NM, KY, TN, PA, KS. Myers Jackson Licensed Texas Real Estate Broker. Myers Jackson Licensed Auctioneer: Florida AB3428-AU2726, Georgia AU003046, Mississippi, 1302-1303F, Louisiana AU1805, South Carolina AU4313, Ohio 2012000042, Indiana 11200062, Pennsylvania AU5771, Virginia AU004173, Texas AU17057, Kentucky RP3306, Tennessee AU6671, North Carolina 9339-9331. Auctioneer License Disclosures may be found on Individual pages within the website --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 199,000.00 5,000.00 USD
199,000.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 10% Buyers Premium.
Payment Terms
Date: Wednesday, September 29, 2021 Certified Payments with no refunds. No exchanges. No warranty. 10% buyer’s premium Payment will be required immediately at the time of sale.