PROPERTY: 440 & 442 Greenwood Ave. Lexington, KY 40508 BIDDING DETAILS: Online Only Bid Now At: TheCatalystAuctionGroup@Hibid.com Auction Start Date: 3/09/2025 Closing Date: 3/23/2025 PREVIEW/PROPERTY INSPECTION: All inspections on an appointment basis. Please contact the Auctioneer, Tyler Edge THERE IS NO PERSONAL PROPERTY INCLUDED IN THE SALE OF THE REAL ESTATE; ANY REMAINING AT CLOSING BECOMES RESPONSIBILITY OF THE NEW BUYER. TERMS: BUYER’S PREMIUM: 10% Buyer's Premium to be added to the final bid price to arrive at the Final Sale Price. Please refer to the detailed terms and conditions for further details regarding bidder verification, real estate terms, bidder default, acceptance of bid increments, agency, and more as previously outlined. Please ensure that all the information provided is accurate and up-to-date. All decisions of The Catalyst Auction Group, Keller Williams Commonwealth and Sheridan Sims, The Catalyst Group are final. Any dispute between The Catalyst Auction Group, Keller Williams Commonwealth and Sheridan Sims, The Catalyst Group, its Agents or Representatives and the Buyer(s) will be tried in a court of jurisdiction in Fayette County, Kentucky. By bidding on the property, Buyer(s) agrees to all terms and conditions set forth. AUCTIONEER/BROKER/AGENT/SELLER DISCLAIMER: The information provided by The Catalyst Auction Group, Keller Williams Commonwealth and Sheridan Sims, The Catalyst Group is deemed reliable but not guaranteed. This information is given to facilitate the bidding process for prospective buyers, who bear the responsibility of verifying its accuracy and completeness. The property is offered in its “as-is” condition, with no warranties expressed or implied. All announcements made on the auction day take precedence over any printed matter. For additional details, you can contact Tyler Edge, Principal Auctioneer (270) 316-6491. BUYER’S PREMIUM: A 10% Buyer’s Premium will be added to the highest bid to determine the final sale price. AUCTION TIMES: The Catalyst Auction Group, Keller Williams Commonwealth and Sheridan Sims, The Catalyst Group conduct Online Auctions as timed events, with bidding starting to close Sunday, March 23rd, 2025 @ 5:00PM EST. SERVER & SOFTWARE TECHNICAL ISSUES: In case of technical issues related to the server, software, or any other online auction-related technologies, The Catalyst Auction Group, Keller Williams Commonwealth and Sheridan Sims, The Catalyst Group reserve the right to extend or continue the bidding, or close the bidding. In such events, registered bidders will be notified via email. Neither the company providing the software for bidding, The Catalyst Auction Group, Keller Williams Commonwealth and/or Sheridan Sims, The Catalyst Group, shall be held responsible for a missed bid or the failure of the software to function properly for any reason. REAL ESTATE TERMS: A non-refundable earnest money deposit of 10% is required within 24 hours of the close of the Auction. The remaining purchase price is due at closing, which will take place within 45 days of close of bidding. FINAL PURCHASE PRICE: A 10% Buyer’s Premium is involved with Auction, the Buyer’s Premium based upon final bid price shall be combined to determine final consideration for real property purchase price. AUCTION BIDDER DEFAULT: If the winning bidder fails to submit the signed Real Estate Auction Purchase Contract and the earnest money deposit within Twenty-Four (24) hours of auction closure, they will be charged a penalty fee of $10,000.00 on the credit card provided at auction registration. CREDIT CARD AUTHORIZATION: Bidders will be required to make a Credit Card Authorization in order to be eligible to bid. These authorizations will be released after the auction is completed. REAL ESTATE TAXES AND CLOSING COST: All real estate taxes will be prorated up to the date of closing. Buyer(s) will pay all other closing costs associated with their side of the sale. POSSESSION: Possession will be granted with deed transfer at the close of escrow, subject to any existing security deposits, leases, tenants, or occupants, if applicable. BIDDER VERIFICATION: The identity of all bidders will be verified; if complete verification is not possible, The Catalyst Auction Group, Keller Williams Commonwealth and Sheridan Sims, The Catalyst Group reserve the right to reject the registration, and bidding activity will be terminated by potential bidder. NEW DATA, CORRECTIONS, AND CHANGES: Bidders should check for updated information prior to the scheduled auction time to inspect any changes, corrections, or additions to the property information. The Catalyst Auction Group, Keller Williams Commonwealth, and/or Sheridan Sims, The Catalyst Group reserves the right to alter this agreement at any time. This will take place by updating this site. Please check back and review these terms and conditions as every time you use this site you are agreeing to the terms and conditions as they are written at that time. SECURITY: If a bidder at any time feels his/her username, password or bidder number has been compromised due to a lack of security by the bidder, the bidder will notify the Auctioneer and/or Broker/Agent immediately. Neither The Catalyst Auction Group, Keller Williams Commonwealth, and/or Sheridan Sims, The Catalyst group shall be held responsible for any resulting security breaches. For additional information, contact. Acknowledgement of Auction Terms and Conditions: I/We, the undersigned, hereby acknowledge that I have read, understood, and agree to the Auction Terms and Conditions as stated above, involving the Deposit, Payment Balance, and Buyer’s Premium requirements. Time is of the essence in regard to all auction terms and conditions.