Absentee
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Date(s)
5/20/2023 - 5/27/2023
AUCTIONEER INFORMATION
Bidding Notice:

will be accepting consignments until friday October 8th. absentee bids will be accepted until 9AM october 9th.


Information
Lot # 662
Group - Category Construction & Farm - Construction Attachments - Auger
Lead QA AUGER WITH 12" AND 8" BITS
Name MAY CONSIGNMENT AUCTION
Auctioneer
Type Internet Absentee Bidding
Date(s) 5/20/2023 - 5/27/2023
Auction Date/Time Info
live auction saturday may 27th
Preview Date/Time friday may 26th
Checkout Date/Time sunday may 28th
Location
Buyer Premium becomes part of contract price
Description
PUBLIC AUCTION Saturday May 27th @10AM ACCEPTING CONSIGNMENTS CONSIGN EARLY FOR ADVERTISING Held at Parker County Sheriffs Posse 2201 Mineral Wells Hwy Weatherford texas TRACTORS- EQUIPMENT-TRAILERS-TOOLS- ATV's Terms: MC,Visa,Cash,Check (with bank letter of guarantee) All Items will be sold as is where is without warranty expressed or implied. all items must be paid for in full day of sale and before removal. no refunds. no returns. Announcements sale day take precedence over all other previously stated announcements. all items subject to addition or deletion prior to and including sale day. 10% B.P. on all items. Contact Bradley O'Leary, O'Leary Auctions LLC www.OLEARYAUCTIONS.com (817) 304-1485 bradley@olearyauctions.com Lic.#15938
TERMS AND CONDITIONS The following terms and conditions apply to all real estate auctions conducted by O’Leary Auctions, LLC, a Texas limited liability company (T.D.L.R. #800936983) in association with Phil Sanders (TREC #0744970) Bob Tallman (TREC #0745689) of Stout Link, LLC d/b/a The Platinum Group Real Estate. DISCLAIMER OF WARRANTY NOTICE REGARDING PROPERTY CONDITIONS All properties sold at auction are AS IS, WHERE IS with all faults, defects and deficiencies. No express or implied warranty or representation are or will be given or intended. By participating the auction, Buyer acknowledges that Buyer is solely responsible for inspecting the property to Buyer’s satisfaction prior to participating in the auction or signing a purchase contract. 1. AUCTION PROCEDURE. All auctions will be open to the public and conducted by live bidding, on-site at the physical location of the property being sold. All auction participants must register with the auctioneer and obtain a bidder number on the day of the auction. The auction will be conducted according to the following procedures: a. The property will be offered for sale at the auction in terms or either gross sales price or price per acre. The opening bid price for each property will be publicized prior to the commencement of the auction. b. Minimum bid increases shall be $1,000 for gross sales price auctions or $100/per acre unless otherwise announced by the auctioneer. c. All bidding disputes shall be resolved in the sole discretion of the auctioneer. In the event of a dispute, the auctioneer may, but shall not be required to, re-open the bidding to parties between whom the auctioneer reasonably believes are in dispute. d. The auctioneer shall have the right to refuse any bid from a prospective buyer whom the auctioneer has reason to believe is not a legitimate or qualified bidder. e. Bidding will end and the auction will be completed only upon announcement by the auctioneer that the property is SOLD. f. Upon completion of the auction, the highest bidder shall execute a standard Texas Real Estate Commission purchase contract, containing industry standard terms and conditions, prepared by Stout Link, LLC d/b/a The Platinum Group. g. Notwithstanding anything to the contrary contained herein, the rules, regulations, conditions and requirements announced by the auctioneer prior to the commencement of the auction shall take precedent over these terms and conditions. 2. REMOTE BIDDING. Real time on-line bidding as well as absentee and telephonic bidding will be permitted for each auction (excluding personal property). Remote bidders must pre-register at ________________________. 3. BUYER’S PREMIUM. A buyer’s premium of ten percent (10%) shall be added to the successful bidder’s highest bid and is non-refundable for any reason. Therefore, the total purchase price of the property sold at auction shall be the successful bidder’s highest bid plus the buyer’s premium. The buyer’s premium shall be due and payable to O’Leary’s Auction, LLC in cash or by certified check on the day of the auction. 4. OTHER CONDITIONS AFFECTING PROPERTY. Public information affecting the status of the property (i.e. easements, school district, mineral rights, deed restrictions, etc.) to the extent actually known to the auctioneer and the real estate professional will be publicized prior to the auction. However, the auctioneer and real estate professional make no guarantees or representations as to the accuracy or completeness of such information and each auction participant is advised to independently verify such information. 5. SURVEY. The auction will be conducted and the property will be sold pursuant to the survey, plat, legal description, or other physical description or layout of the property publicized prior to the auction. In the event a survey by metes and bounds is conducted subsequent to the auction, an acreage variance of two and one-half percent (2.5%), over or under, shall be permitted. If the actual acreage variance exceeds this amount, the purchase price shall be adjusted accordingly, either on a price per acre basis or a pro rata calculation if gross sales price was used. BEWARE: Fence lines, apparent property lines and the boundaries reflected in any pre-auction materials may not coincide with the actual, legal boundaries of the property. 6. AD VALOREM TAXES. Any ad valorem taxes assessed against the property through the date of closing shall be paid by the seller. Therefore, title company shall pro-rate the applicable ad valorem taxes through the date of closing and will adjust the purchase price accordingly. Buyer shall be solely liable for any rollback taxes assessed against the property at or after Closing. 7. CLOSING. Closing shall occur on or before forty-five (45) calendar days after the day of the auction. Buyer shall be solely obligated to obtain financing, if any, and title insurance at Buyer’s discretion prior to closing. Seller will convey the property by Special Warranty Deed upon payment of the purchase price. 8. CLOSING COSTS PAID BY BUYER. At closing, Buyer shall be obligated to pay the following costs: title insurance premium and any endorsements selected by buyer, one-half of any escrow fee charged by title company, appraisal fees, preparation of loan documents or any other costs associated with buyer’s financing or charged by buyer’s lender, recording fees, preparation of a new survey if required by title company. 9. CLOSING COSTS PAID BY SELLER. At closing, Seller shall be obligated to pay the following costs: releases of existing liens (if any), tax statements or certificates, preparation of the deed, one-half of any escrow fee charged by title company. 10. BUYER’S DEFAULT. In the event Buyer fails to close the purchase of the property pursuant to the purchase contract executed at the completion of the auction for any reason, Buyer shall forfeit any and all deposits and earnest money. Buyer may also be liable for costs of re-sale and negative balances or loss suffered by Seller. NOTICE BIDDING AT AN AUCTION OF REAL PROPERTY COMES WITH CERTAIN RISKS AND COMPLEXITIES. PROSPECTIVE BUYERS SHOULD NOT PARTICIPATE IN AN AUCTION FOR REAL PROPERTY IF THEY ARE UNFAMILIAR WITH THE PROCESS OR UNSURE ABOUT THE RULES OR PROCEDURES. ALL BIDDERS ARE PARTICIPATING IN THE AUCTION AT THEIR OWN RISK. O’LEARY AUCTIONS, LLC AND STOUT LINK, LLC D/B/A THE PLATINUM GROUP REAL ESTATE HAVE NOT AND WILL NOT UNDERTAKE TO INSPECT THE PROPERTY, REVIEW ANY CONDITIONS ON OR ABOUT THAT PROPERTY THAT MAY AFFECT TITLE TO THE PROPERTY, NOR EVALUATE THE PRESENT OR FUTURE MARKET VALUE OF THE PROPERTY. NOTICE REGARDING AUCTIONEER: O’Leary Auctions, LLC – T.D.L.R. #800936983 NOTICE REGARDING REAL ESTATE PROFESSIONAL: Stout Link, LLC d/b/a The Platinum Group Real Estate Phil Sanders - TREC #0744970 Bob Tallman - TREC #0745689 THE UNDERSIGNED ACKNOWLEDGES THAT HE/SHE HAS READ AND UNDERSTOOD THESE TERMS AND CONDITIONS, HAS HAD AN OPPORTUNITY TO INQUIRE WITH THE AUCTIONEER REGARDING THE RULES AND PROCEDURES OF THE AUCTION TO BE CONDUCTED, AND IS PARTICIPATING IN THE AUCTION WITHOUT ANY PROMISE, GUARANTY, OR OTHER INDUCEMENT FROM THE AUCTIONEER OR THE REAL ESTATE PROFESSIONAL. Signature: Printed Name: Date:
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 100.00 25.00 USD
100.01 - 1,000.00 50.00 USD
1,000.01 - 10,000.00 100.00 USD
10,000.01 - 100,000.00 250.00 USD
100,000.01 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium becomes part of contract price
Payment Terms
Cash, Check(with bank letter of gaurantee), all major credit cards accepted must be paid for day off sale and before removal
please see terms and conditions
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.