O'Leary Auctions, LLC
Date(s) 8/9/2024 - 8/16/2024
Live auction Saturday August 17th at 10 AM absentee bids will be brought to live auction
Prebidding Closed
Bidding Notice:
will be accepting consignments until friday October 8th. absentee bids will be accepted until 9AM october 9th.
Auction Information
Name | BUMBLE BEE OCCASIONS AUCTION |
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Auctioneer |
O'Leary Auctions, LLC
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Type | Internet Absentee Bidding |
Date(s) | 8/9/2024 - 8/16/2024 |
Auction Date/Time Info |
Live auction Saturday August 17th at 10 AM
absentee bids will be brought to live auction
|
Preview Date/Time | Friday August 16th from 1PM to 5 pm |
Checkout Date/Time | checkout until 5 pm saturday august 17th 9 pm -5 pm sunday august 18th. no exceptions |
Location |
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Buyer Premium | becomes part of contract price |
Description |
RETIREMENT LIQUIDATION AUCTION
BUMBLE BEE OCCASIONS
Complete Liquidation of Bumble Bee Occasions Wedding Rentals
Saturday August 17th @ 10 AM
PREVIEW Friday August 16th 12pm to 5 PM
1391 Northwest Pkwy, Azle Texas 76020
KITCHEN EQUIPMENT-LINENS-DISHES-SERVING TRAYS- STEMWARE-VASES AND SO MUCH MORE!!!!!
YOU DONT WANT TO MISS THIS ONE!!
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.
www.OLEARYAUCTIONS.com
Contact Bradley O'Leary,
O'Leary Auctions LLC
www.OLEARYAUCTIONS.com
(817) 304-1485
bradley@olearyauctions.com
Lic.#15938
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Terms and Conditions
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:
Bid Increments
Your bid must adhere to the bid increment schedule.
Bid Amount | Bid Increment |
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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 |
Payment Information
Currency | USD |
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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
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Shipping / Pick Up
please see terms and conditions