Online Only Auction
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Date(s)
4/13/2023 - 4/27/2023
Bidding Notice:

This is an Online ONLY Absolute Auction. All bidding activity will take place online. Terms: 15% Down Payment due within 24 hours: Balance due on or before 30 days. Possession with deed. 10% BUYERS PREMIUM is added to WINNING BID to determine PURCHASE PRICE OF THE REAL ESTATE. Real Estate is selling "AS-IS, WHERE IS".


Information
Lot # 5
Group - Category Real Estate - Ag / Farm Land
Lead Tract # 5 - 12.90 +/- Acres
Description
All wooded tract with access easment.
Name Thompson
Auctioneer
Type Online-Only Auction
Date(s) 4/13/2023 - 4/27/2023
Auction Date/Time Info
Bidding Begins Thursday, 4/13/2023 at 10:00 a.m. CST Bidding Ends, Thursday, 4/27/2023 at 2:00 p.m. CST
Preview Date/Time NA
Checkout Date/Time 4/27/2023 - 15% Down Payment (non-refundable). Balance is due on or before 30 days after the auction ends.
Location
Buyer Premium Buyer's Premium is added to WINNING BID
Description
24.90 +/- Acres selling in 5 tracts ranging from 0.90 +/- Acres to 12.90 +/- Acres. Great location close to multiple marinas on Lake Cumberland and Dale Hollow Lake. Mobile homes are located on Tracts 1 and 2. Other tracts are all wooded. Water and electricity is available. Take advantage of this opportunity to purchase land and mobile homes close to multiple lakes. Property is located close to Hwy 127, 2.5 miles from town, 13 miles from Rowena Marina, 8.4 miles to Grider Hill Marina, 9.5 miles to Wolf River Marina, 9.1 miles to Wisdom Dock, 46 miles to Somerset, KY and 55 miles to Cookeville, TN. Directions to property - From Albany city limits, head north on N Washington Street, after 2.1 miles, turn left on McWhorter Rd. In 0.4 miles, the property is on your right. Bidding begins Thursday, April 13, 2023 at 10:00 a.m. CST Bidding ends Thursday, April 27, 2023 at 2:00 p.m. CST Visit www.countrylakesandland.com for more information and BIDDING. Contact Auctioneer Jay Craig at 606-688-3119 or jay@countrylakesandland.com or Hunter Shearer at 606-306-2995 for more information.
Auction Terms and Conditions: **Soft Close will apply to this auction. Any bids made within the last 5 minutes will add an addtional 5 minutes to the time. If you are outbid, you will have an addtional 5 minutes to make another bid. This process will continue until no bids are made within the last 5 minutes.** ***Lots are set to stagger closing times by 3 minutes.*** 1. 15% Down Payment (non-refundable) - Sale Day - Balance is due on or before 30 days after the auction ends. 2. 10% BUYERS PREMIUM will be added to the WINNING BID to determine PURCHASE PRICE OF THE REAL ESTATE. 3. Real Estate is selling "AS-IS, WHERE IS", both surface and subsurface with no warranties guaranteed or implied; sold subject to any restrictions, right of ways or easments, recorded or unrecorded. Please conduct your own due diligence of the property being sold prior to bidding. 4. United Country Lakes and Land Realty/Auction is the agent for the seller. 5. The seller nor his/her agent make any representation or warranty regarding any utilities being available to the real property being sold. Bidder should determine the feasibility of any untility service(s) prior to bidding. 6. Bidders are invited to inspect the property and are responsible to complete their own due diligence before the sale date. 7. All information herein was obtained from sources believed to be reliable, however accuracy is not guaranteed. 8. Payment in cash, or good check. 9. All announcements on sale day or published/distributed on the internet prior to the stated online auction ending time take precedence over previously published advertising. 10. Purchaser will be required to sign a purchase contract at the close of the sale. 11. This sale is final with no contingencies and is not subject to the buyers ability to obtain financing. 12. Possession to be given with deed at closing. 13. Seller to convey the property by General Warranty Deed. 14. Property is selling by recent survey or deed. 15. Taxes to be prorated. 16. Buyer is responsible for closing costs and their own title search. 17. United Country Lakes and Land Realty/Auction and their agents and staff are eligible bidders and subject to the same registration, terms, and conditions as all other bidders. 18. Auction is subject to prior sell. Online Auction Software Disclaimer: United Country Lakes and Land Realty/Auction is not responsible for any damages arising from any interruption, suspension, or termination of the site. By agreeing to the terms, you are accepting that you use the site to your own risk and without any guarantees from United Country Lakes and Land Realty/Auction or its sellers. This includes the operation and functionality of the site. The site is normally available 24 hours a day, 7 days a week but we do not guarantee that you will always have access to the site or that it will be operational 100% of the time. United Country Lakes and Land Realty and Auction retains the right to make the site unavailable on occassion for any reason. United Country Lakes and Land Realty/Auction also reserves the right to the following: 1. Terminate or suspend access to any bidder for any reason to the site. 2. Terminate or suspend any bidder's registration to bid and/or bidders account. 3. Suspend bidding to any individual lot or all lots in an auction at any time. 4. Extend the bidding ending date and time for any individual lot or all lots in an auction at any time. By registering to bid and agreeing to the terms and conditions, bidders guarantee that the information given to United Country Lakes and Land Realty/Auction is accurate and truthful. Users agree to indemnify and hold United Country Lakes and Land Realty/Auction harmless from any lawsuit based on the user's negligence or activities.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium Buyer's Premium is added to WINNING BID
Payment Terms
10% Buyer's Premium added to winning bid, 15% Down Payment (non-refundable), payment in cash or good check. Taxes prorated.
Balance due on or before 30 days.
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.