ESTATE AUCTION
THE WANDA ELAINE WILSON ESTATE, SELLING by ORDER of the ADMINISTRATOR
ROME, FLOYD CO, GA
LARGE BRICK HOME ON 1 +/- ACRES
Large Corner Lot – County Water – Storage Building
9.11 AC on YOUNGS MILL RD – Selling Absolute
County Water – Huge Spring – Beautiful Homesites – Selling in Tracts
ALL Property TO BE SOLD FROM 2338 Kingston Hwy
2338 Kingston Hwy (L14X 077):
This 1 Story Brick Home features (2) large Bedrooms with Pine Paneling; Full Bath, Large Kitchen; Dining Room; Living Room with Fireplace, Bonus Room ideal for an additional Bedroom, Attic Storage, Cellar, Carport, Patio. There is also Central Heat & Air, Hardwoods throughout, and a good Roof.
- Large 1+/- Ac Corner Lot, Zoned SR (Suburban Residential) with County Water & Natural Gas Available
- 45’ x 22’ Masonry Building with ½ Bath & Metal Roof ideal for an Apartment or Storage
- Johnson & Model School District
- 2021 Property Taxes: $1793
9.11 Ac on Youngs Mill Rd (N13 022 & N13 023): SELLING ABSOLUTE
- Property to be SOLD in 2 Tracts or as a Whole, with the Tracts being 3.84 ac & 5.27 ac. with frontage on Youngs Mill and access from Fulton Rd
- County Water & Natural Gas are available
- Johnson & Model School District
- The Youngs Mill Spring is on this Property
- 2021 Combined Property Taxes: $635
Note: NO portion of the lake or lake privileges are conveyed with this property
OPEN HOUSE: Tue. June 21, 1:00-4:00 PM. Dempsey Representatives are always available for private showings, please contact our office. The Youngs Mill Rd property is OPEN for inspection
SALE SITE: 2338 Kingston Hwy under the Dempsey Tent
ONLINE BIDDING: Online Participation/Bidding will be available for the Real Estate through our Online MarkNet Platform.
TERMS AND CONDITIONS: 10% Buyer’s Premium. 20% Down Sale Day with the Balance due on or before 30 Days from Sale Day.[Click Here for Terms and Conditions]
REAL ESTATE CLOSING: Closing to be handled by Mr. John Robbins with Brumlow, Corwin & Delashmit Law Firm. ALL SALES TO CLOSE ON OR BEFORE 30 DAYS FROM SALE DATE—NO EXCEPTIONS.
CO-BROKERAGE PARTICIPATION: Dempsey Auction Co will pay any licensed Broker/Agent a referral commission for any registered client who successfully closes on the property. CONTACT OUR OFFICE FOR PRECISE DETAILS. SEE FORM ABOVE.
For Surveys, Brochures, or Additional Sales Information on this auction, call us by name @ 1.800.DEMPSEY(800.336.7739)
-(F13Y 146) Vacant Lot located at 0 Alabama Hwy, Rome, GA – SELLING ABSOLUTE
-(L14W 142G) Vacant Lot located at 68 Fallen Branch Cir, Rome, GA – SELLING ABSOLUTE
-(I12 025)&(I12 024) Vacant Lots located at 13 & 0 Asbury Dr, Rome, GA – SELLING ABSOLUTE
-(F13Z 042) Residential Lot located at 30 Northside Dr, Rome, GA – SELLING ABSOLUTE
-(H13X 184G) Vacant Lot located at 0 Southern Industrial Blvd, Rome, GA
-(K09W 037) Vacant Lot located at 0 Old Dalton Rd, Rome, GA
-(J11Y 011) Vacant Lot located at 0 Beard Dr, Rome, GA
-(J11W 217) 3.34 AC Vacant Lot located at Scott Road, Rome, GA
SALE SITE: Under the Dempsey Tent @ Youngs Mill Rd Kingston, GA 30145
OPEN HOUSE: These properties are open for Inspection.
ONLINE BIDDING: Online Participation/Bidding will be available for the Real Estate through our Online MarkNet Platform.
TERMS AND CONDITIONS: 10% Buyer’s Premium. 20% Down Sale Day with the Balance due on or before 30 days from sale day.
- [Click Here for Terms and Conditions for Property on Fallen Branch, Asbury Dr, and Northside Dr]
- [Click Here for Terms and Conditions for Property for remaining lots]
For Video Tours, Plats, Brochures, Inspection Times & Dates, or further sales information on this auction, call us by name at 800.DEMPSEY (800.336.7739)
TERMS AND CONDITIONS
Wanda Wilson Estate
Rome, Floyd County, GA
Wednesday, June 22 @ 5:00 PM
These “Terms and Conditions” supersede all other printed and oral statements and will be attached to and become a part of the Real Estate Sales Contract, which will prevail over this document and any other agreement between the buyer and seller.
CONDITIONS OF SALE: Dempsey Auction Company (Auctioneer/Broker) has entered into a contract with the Wanda Wilson Estate, John Scott Husser, Administrator (Seller), TO OFFER AT AUCTION, certain parcels of real estate consisting of home located at 2338 Kingston Hwy & 9.11 acres located on Youngs Mill Rd, Rome, GA
All property, real and personal, is selling “AS IS, WHERE IS” and being conveyed by Seller as provided for below. It is offered for sale and sold “AS IS and WITH ALL FAULTS, IF ANY” without representation or warranty of any kind as to their condition. No warranties, either statutory or otherwise, expressed or implied, including those as to the fitness for a particular use or purpose, habitability, merchantability, or environmental condition including, but not limited to, any hazardous substances, hazardous waste, petroleum or petroleum by-products (collectively Hazardous Materials), concerning the property are given by the Auctioneer or Seller. Neither the Auction Company nor the Auctioneer makes any representation concerning the property whatsoever. All bidders acknowledge and agree by their participation in the Auction, that he/she has inspected the Property and is not relying on any warranty or representation of the Seller, Auctioneer or any agent thereof. For compliance with Section 1018 of the Residential Lead-Based Paint Hazard Reduction Act of 1992, interested purchasers have had ten a (10) day inspection period prior to the auction for assessment of possible lead-based paint hazards.
As we have announced and advertised, the home sells Subject to Administrator Confirmation, reserving the right to hold all offers open until Friday, June 24th @ 5:00pm and the 9.11 acre sells at Absolute Auction, regardless of price. Dempsey Auction Company reserves the right to offer the property any way it sees fit to obtain the seller the most amount of money.
All decisions of the Auctioneer will be final, including the increments of bidding, disputes among bidders, or any other issues that might arise before, during or after the auction. We require all bidders register and obtain a bid number in order to participate in the bidding process.
The Seller has the right, at their sole discretion; to add or withdraw all or any portion of the property before the auction on Wednesday, June 22nd, 2022, at 5:00pm.
RESERVATIONS & RESTRICTIONS: The real estate will be sold subject to any and all restrictions, public utilities, encroachments, zoning ordinances, easements, Floyd County regulations, protective covenants, any existing rights of way and all other matters now of record or shown on attached plat.
Tract #6 is sold subject to the riparian rights to the Spring on said tract and also any rights of others that may exist to said Spring. The right to obtain water from the Spring on Tract #6 is hereby granted to the homes on Tracts 4 & 5 and the right to ingress and egress are reserved across Tracts 4, 5 & 6 for the sole purpose of servicing the water lines from said spring to said houses.
Tract # 4 is serviced by a 20’ private drive as depicted on the original recorded survey.
Tracts 4 & 6 are restricted against any type of Junkyard or Used Auto Parts Lots. NO part of the lake nor any lake privileges are conveyed with either Tract.
PAYMENT: A 10% Buyer’s Premium on Real Estate will be added to the Bid Price on all real estate today to arrive at the final purchase price. The purchaser will be required to sign the Real Estate Sales Contract and pay a non-refundable earnest money deposit equal to 20% of the final purchase price immediately following the Auction. This payment may be made with either a personal or company check. This deposit will be held in a non-interest bearing escrow account under the control of Dempsey Auction Co. No disbursements will be made from this escrow account until closing or otherwise in accordance with this agreement. In the event the purchaser fails to close and pay his/her balance when due, the deposit may be retained by the Seller and Auctioneer as liquidated damages in addition to any other remedies available to the Seller and Auctioneer.
ONLINE PURCHASER’S PAYMENT: At the close of the auction, successful online bidders will be emailed a sales contract package to execute and return to Dempsey Auction Co. Successful online bidders will deposit 10% of the Contract Price plus a project development fee as earnest money in the form of cashier’s check or bank wire transfer with Dempsey Auction Co within 24 hours of receipt of the contract package. The entirety of the remaining balance is due at closing as stipulated in the “Terms and Conditions”. Purchaser shall be responsible for all wire transfer fees. Successful online high bidders not executing and returning their contract with earnest money deposit within 24 hours of receipt will be considered in default and subject to an Administrative Fee (as defined below). All Administrative Fees are non-refundable.
DEFAULT: In the event a winning online bidder fails to submit the signed “Sales Contract” and deposit earnest money as provided in the pre-stipulated Terms and Conditions, the winning online bidder will be charged an administrative fee of $2,500 on the credit card provided at auction registration. Additional default remedies are reserved by Dempsey Auction Co and the Sellers as provided in the Terms and Condition & Sales Contract.
SURVEY: We are selling the property 9.11 acres according to registered boundary survey for this auction by Elbert Angel, a Georgia registered land surveyor, License #1742. A survey/staking/recording fee of $1,500/Tract will be due and collected today. The accuracy of the survey is the sole liability of the surveyor and the Purchaser, and the Purchaser does hereby release the Seller and Dempsey Auction Co from all liability in all matters concerning the survey. The home located at 3228 Kingston Rd has NOT been surveyed and will be sold according to the deed of record.
CLOSING: Closing shall take place within 30 days of auction, in accordance with the Real Estate Sales Contract, or on a date mutually agreed upon by the Seller and Purchaser(s) in writing. The closing firm is Brumlow, Corwin and Delashmit, 28 Bale St, Rome, GA, 706.802.6315. We encourage you to contact Kellie in their Rome office as soon as possible to discuss the closing.
CLOSING COSTS: The Seller will provide an Administrators Deed at closing. If for some reason the Seller is unable to convey clear title to the property, the Purchaser(s) Earnest money deposit will be returned.
All other costs including, but not limited to, Attorney’s Closing Fees, Recording and Handling Fees, Deed Transfer Taxes, Title Search, Title Insurance, Loan Origination Fees, etc., will be at the Purchaser’s expense.
POSSESSION: Purchaser(s) will be granted possession of real estate at closing, on or before July 21st.
TAXES: The Real Estate property taxes will be prorated to the date of closing. If any additional taxes are assessed resulting from the change of use by the purchaser, they will be the responsibility of the purchaser.
AGENCY: The Auctioneer is acting as agent for the seller only in this transaction and is to be paid a fee pursuant to a separate written agreement between seller and the Auctioneer. The Auctioneer is not acting as an agent for the purchaser in this transaction. Any third-party broker is not a sub-agent of the Auctioneer.
BUYER’S NOTE: Dempsey Auction Company and the Seller reserve the right to amend any terms of conditions of the auction by announcing such amendments prior to or during the auction. All information published, announced or contained herein was derived from sources believed to be correct; however, it is not guaranteed by the Seller or the Auctioneer. The Auctioneer makes no warranty or guarantee as to the correctness and completeness of any information. Personal on-site inspection of the property is recommended. The failure of any bidder to inspect, or to be fully informed as to the condition of the property, will not constitute grounds for any claim or demand for adjustment or withdrawal of bid, offer, or earnest money after its opening tender. Any and all announcements made from the auction stand take precedence over all other verbal, printed, announced and/or distributed information.
TECHNICAL SOFTWARE ISSUES: NEITHER THE COMPANY PROVIDING THE SOFTWARE NOR THE AUCTION COMPANY SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Dempsey Auction Company is providing online bidding as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of the auction. Under no circumstances shall Bidder have any kind of claim against Dempsey Auction Company or anyone else if the internet service fails to work correctly. Dempsey Auction Company will not be responsible for any missed bids from any source.
METHOD of SALE: The home to be offered in 1 Tract by the Dollar. Land Pick & Choice by the Dollar
Dempsey Auction Company is the “Agent of the Seller”, and our fiduciary duties of loyalty and faithfulness are owed to the Seller.
NOTE: This auction is being recorded by audio in its entirety for legal purposes.
I have received, read, understand, and agree to the information in these “Terms and Conditions” which will become a part of the sales contract and will hereafter be Exhibit “B”.
EXHIBIT “A”
TERMS AND CONDITIONS
Multi-Lot Auction
Rome, Floyd County, GA
Wednesday June 22, 2022
These “Terms and Conditions” supersede all other printed and oral statements and will be attached to and become a part of the Real Estate Sales Contract as Exhibit “A”, which will prevail over this document and any other agreement between the Buyer and Seller.
CONDITIONS OF SALE: Dempsey Auction Company (Auctioneer/Broker) has entered into a contract with Jeff Kehl.
(Seller), TO OFFER AT AUCTION, (3) parcels of real estate located in Rome, Floyd County, Ga. being parcel numbers:
L14W 142G (68 Fallen Branch Cir) / I12 025 (13 Asbury Dr) / I12 024 (O Asbury Dr)
The Asbury Dr properties will be sold as one unit for a single bid price
Also being offered is a single parcel of real estate owned by Rickey E Shedd being PN# F13Z 042 (30 Northside Dr) in Rome, Floyd County Ga.
The property is selling “AS IS, WHERE IS” and being conveyed by Seller as provided for below. It is offered for sale and sold “AS IS and WITH ALL FAULTS, IF ANY” without representation or warranty of any kind as to their condition. No warranties, either statutory or otherwise, expressed or implied, including those as to the fitness for a particular use or purpose, habitability, merchantability, or environmental condition including, but not limited to, any hazardous substances, hazardous waste, petroleum or petroleum by-products (collectively Hazardous Materials), concerning the property are given by the Auctioneer or Seller. Neither the Auction Company nor the Auctioneer makes any representation concerning the property whatsoever. All bidders acknowledge and agree by their participation in the Auction, that he/she has inspected the Property and is not relying on any warranty or representation of the Seller, Auctioneer or any agent thereof.
We require all bidders to register and obtain a bid number in order to participate in the bidding process.
All decisions of the Auctioneer will be final, including the increments of bidding, disputes among bidders, or any other issues that might arise before, during or after the auction.
The Seller has the right, at their sole discretion; to add or withdraw all or any portion of the property before the auction on Weds. June 22 @ 5:00PM. The property is being sold “ABSOLUTE”
CONVEYANCE: All real property will be conveyed by Warranty Deed with title insurance available at the purchaser's expense.
RESERVATIONS & RESTRICTIONS: The real estate will be sold subject to any and all restrictions, public utilities, encroachments, zoning ordinances, easements, Rome, Floyd County regulations, protective covenants, any existing rights of way and all other matters now of record or shown on attached plat / tax maps.
ONLINE PURCHASERS’ PAYMENT: At the close of the auction, successful bidders of the real estate will be emailed the contract package to execute and return to Dempsey Auction Co. Successful bidders will deposit 20% of the Contract Price as earnest money in the form of cashier’s check or bank wire transfer with Dempsey Auction Co within 24 hours of receipt of the contract package. The entirety of the remaining balance is due at closing as stipulated in the “Terms and Conditions”. Purchaser shall be responsible for all wire transfer fees. Successful high bidders not executing and returning their contract with earnest money deposit within 24 hours of receipt will be considered in default and subject to an Administrative Fee (as defined below). All Administrative Fees are non-refundable.
DEFAULT: In the event a winning bidder fails to submit the signed “Sales Contract” and deposit earnest money as provided in the pre-stipulated Terms and Conditions, the winning bidder will be charged an administrative fee of $2,500 on the credit card provided at auction registration. Additional default remedies are reserved by Dempsey Auction Co and the Sellers as provided in the Terms and Condition and the Sales Contract.
PAYMENT: A 10% Buyer’s Premium will be added to the Bid Price on all real estate today to arrive at the final purchase price.
The purchaser will be required to sign the Real Estate Sales Contract and pay a non-refundable earnest money deposit equal to 20% of the final purchase price immediately following the Auction upon acceptance. This payment may be made with either a personal or company check. This deposit will be held in a non-interest-bearing escrow account under the control of Dempsey Auction Co. No disbursements will be made from this escrow account until closing or otherwise in accordance with this agreement. In the event the purchaser fails to close and pay his/her balance when due, the deposit may be retained by the Seller and Auctioneer as liquidated damages in addition to any other remedies available to the Seller and Auctioneer.
SURVEY: No surveys were performed for this auction but there is a prior survey on record. The property is being conveyed by legal description contained within the actual deed or record in the Office of the Clerk of Superior Court of Floyd County. Any stakes or flagging on the property, are for reference only and are not guaranteed
CLOSING: Closing shall take place within 30 days of auction, in accordance with the Real Estate Sales Contract, or on a date mutually agreed upon by the Seller and Purchaser(s) in writing. The closing attorney is Mr. Ted Corwin with Brumlow, Corwin and Delashmit. We encourage you to contact Kellie in Mr. Corwin’s office as soon as possible to discuss the closing – 706.237.9944.
CLOSING COSTS: The Seller will provide a Warranty Deed, unless otherwise disclosed, at closing. If for some reason the Seller is unable to convey good and marketable title to the property, unless otherwise noted, the Purchaser(s) Earnest money deposit will be returned.
All other costs including, but not limited to, Attorney’s Closing Fees, Recording and Handling Fees, Deed Transfer Taxes, Title Search, Title Insurance, Loan Origination Fees, etc., will be at the Purchaser’s expense.
POSSESSION: Purchaser(s) will be granted possession of real estate at closing, on or before Thurs July 21 2022
TAXES: The Real Estate property taxes will be prorated to the date of closing.
AGENCY: The Auctioneer is acting as agent for the seller only in this transaction and is to be paid a fee pursuant to a separate written agreement between seller and the Auctioneer. The Auctioneer is not acting as an agent for the purchaser in this transaction. Any third-party broker is not a sub-agent of the Auctioneer.
BUYER’S NOTE: Dempsey Auction Company and the Seller reserve the right to amend any terms of conditions of the auction by announcing such amendments prior to or during the auction. All information published, announced or contained herein was derived from sources believed to be correct; however, it is not guaranteed by the Seller or the Auctioneer. The Auctioneer makes no warranty or guarantee as to the correctness and completeness of any information. Personal on-site inspection of the property is recommended. The failure of any bidder to inspect, or to be fully informed as to the condition of the property, will not constitute grounds for any claim or demand for adjustment or withdrawal of bid, offer, or earnest money after its opening tender. Any and all announcements made from the auction stand take precedence over all other verbal, printed, announced and/or distributed information.
TECHNICAL SOFTWARE ISSUES: NEITHER THE COMPANY PROVIDING THE SOFTWARE NOR THE AUCTION COMPANY SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Dempsey Auction Company is providing online bidding as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of the auction. Under no circumstances shall Bidder have any kind of claim against Dempsey Auction Company or anyone else if the internet service fails to work correctly. Dempsey Auction Company will not be responsible for any missed bids from any source.
Dempsey Auction Company is the “Agent of the Seller” and our fiduciary duties of loyalty and faithfulness are owed to the Seller.
NOTE: This auction is being recorded by audio in its entirety for legal purposes.
I have received, read, understand and agree to the information in these “Terms and Conditions” which will become a part of the sales contract and will hereafter be Exhibit “A”.
EXHIBIT “A”
TERMS AND CONDITIONS
MAM ROME LLC
Multi-Lot Auction
Rome, Floyd County, GA
Wednesday June 22, 2022
These “Terms and Conditions” supersede all other printed and oral statements and will be attached to and become a part of the Real Estate Sales Contract as Exhibit “A”, which will prevail over this document and any other agreement between the Buyer and Seller.
CONDITIONS OF SALE: Dempsey Auction Company (Auctioneer/Broker) has entered into a contract with MAM ROME LLC. (Seller), TO OFFER AT AUCTION, (5) parcels of real estate located in Rome, Floyd County, Ga. being:
J11Y 011 - Beard Dr. / J11W 217- Scott Rd. / K09W 037 - Old Dalton Rd. / H13X 184G - Southern Industrial Blvd./ F13Y 146 - Al Hwy
The property is selling “AS IS, WHERE IS” and being conveyed by Seller as provided for below. It is offered for sale and sold “AS IS and WITH ALL FAULTS, IF ANY” without representation or warranty of any kind as to their condition. No warranties, either statutory or otherwise, expressed or implied, including those as to the fitness for a particular use or purpose, habitability, merchantability, or environmental condition including, but not limited to, any hazardous substances, hazardous waste, petroleum or petroleum by-products (collectively Hazardous Materials), concerning the property are given by the Auctioneer or Seller. Neither the Auction Company nor the Auctioneer makes any representation concerning the property whatsoever. All bidders acknowledge and agree by their participation in the Auction, that he/she has inspected the Property and is not relying on any warranty or representation of the Seller, Auctioneer or any agent thereof.
We require all bidders to register and obtain a bid number in order to participate in the bidding process.
All decisions of the Auctioneer will be final, including the increments of bidding, disputes among bidders, or any other issues that might arise before, during or after the auction.
The Seller has the right, at their sole discretion; to add or withdraw all or any portion of the property before the auction on Weds. June 22 @ 5:00 PM. The property is being sold “SUBJECT TO OWNER CONFIRMATION” with the exception of Alabama Hwy., which shall be “ABSOLUTE”
CONVEYANCE: All real property will be conveyed by Warranty Deed with title insurance available at the purchaser's expense.
RESERVATIONS & RESTRICTIONS: The real estate will be sold subject to any and all restrictions, public utilities, encroachments, zoning ordinances, easements, Rome, Floyd County regulations, protective covenants, any existing rights of way and all other matters now of record or shown on attached plat / tax maps.
ONLINE PURCHASERS’ PAYMENT: At the close of the auction, successful bidders of the real estate will be emailed the contract package to execute and return to Dempsey Auction Co. Successful bidders will deposit 20% of the Contract Price as earnest money in the form of cashier’s check or bank wire transfer with Dempsey Auction Co within 24 hours of receipt of the contract package. The entirety of the remaining balance is due at closing as stipulated in the “Terms and Conditions”. Purchaser shall be responsible for all wire transfer fees. Successful high bidders not executing and returning their contract with earnest money deposit within 24 hours of receipt will be considered in default and subject to an Administrative Fee (as defined below). All Administrative Fees are non-refundable.
DEFAULT: In the event a winning bidder fails to submit the signed “Sales Contract” and deposit earnest money as provided in the pre-stipulated Terms and Conditions, the winning bidder will be charged an administrative fee of $2,500 on the credit card provided at auction registration. Additional default remedies are reserved by Dempsey Auction Co and the Sellers as provided in the Terms and Condition and the Sales Contract.
PAYMENT: A 10% Buyer’s Premium will be added to the Bid Price on all real estate today to arrive at the final purchase price.
The purchaser will be required to sign the Real Estate Sales Contract and pay a non-refundable earnest money deposit equal to 20% of the final purchase price immediately following the Auction upon acceptance. This payment may be made with either a personal or company check. This deposit will be held in a non-interest-bearing escrow account under the control of Dempsey Auction Co. No disbursements will be made from this escrow account until closing or otherwise in accordance with this agreement. In the event the purchaser fails to close and pay his/her balance when due, the deposit may be retained by the Seller and Auctioneer as liquidated damages in addition to any other remedies available to the Seller and Auctioneer.
SURVEY: No surveys were performed for this auction. The property is being conveyed by legal description contained within the actual deed or record in the Office of the Clerk of Superior Court of Floyd County. Any stakes or flagging on the property, are for reference only and are not guaranteed
CLOSING: Closing cost shall be the purchasers responsibility and will take place within 30 days of auction, in accordance with the Real Estate Sales Contract, or on a date mutually agreed upon by the Seller and Purchaser(s) in writing. The closing attorney is Mr. Ted Corwin with Brumlow, Corwin and Delashmit. We encourage you to contact Kellie in Mr. Corwin’s office as soon as possible to discuss the closing @ 706.237.9944.
CLOSING COSTS: The Seller will provide a Warranty Deed, unless otherwise disclosed, at closing. If for some reason the Seller is unable to convey good and marketable title to the property, unless otherwise noted, the Purchaser(s) Earnest money deposit will be returned.
All other costs including, but not limited to, Attorney’s Closing Fees, Recording and Handling Fees, Deed Transfer Taxes, Title Search, Title Insurance, Loan Origination Fees, etc., will be at the Purchaser’s expense.
POSSESSION: Purchaser(s) will be granted possession of real estate at closing, on or before Thurs July 21 2022
FINANCING: Owner financing up to 15 years is available to qualified buyers at 10% interest. In addition to the 10% buyer’s premium, a 20% down payment will be required if financing is provided by the owner
TAXES: The Real Estate property taxes will be prorated to the date of closing.
AGENCY: The Auctioneer is acting as agent for the seller only in this transaction and is to be paid a fee pursuant to a separate written agreement between seller and the Auctioneer. The Auctioneer is not acting as an agent for the purchaser in this transaction. Any third-party broker is not a sub-agent of the Auctioneer.
BUYER’S NOTE: Dempsey Auction Company and the Seller reserve the right to amend any terms of conditions of the auction by announcing such amendments prior to or during the auction. All information published, announced or contained herein was derived from sources believed to be correct; however, it is not guaranteed by the Seller or the Auctioneer. The Auctioneer makes no warranty or guarantee as to the correctness and completeness of any information. Personal on-site inspection of the property is recommended. The failure of any bidder to inspect, or to be fully informed as to the condition of the property, will not constitute grounds for any claim or demand for adjustment or withdrawal of bid, offer, or earnest money after its opening tender. Any and all announcements made from the auction stand take precedence over all other verbal, printed, announced and/or distributed information.
TECHNICAL SOFTWARE ISSUES: NEITHER THE COMPANY PROVIDING THE SOFTWARE NOR THE AUCTION COMPANY SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Dempsey Auction Company is providing online bidding as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of the auction. Under no circumstances shall Bidder have any kind of claim against Dempsey Auction Company or anyone else if the internet service fails to work correctly. Dempsey Auction Company will not be responsible for any missed bids from any source.
Dempsey Auction Company is the “Agent of the Seller” and our fiduciary duties of loyalty and faithfulness are owed to the Seller.
NOTE: This auction is being recorded by audio in its entirety for legal purposes.
I have received, read, understand and agree to the information in these “Terms and Conditions” which will become a part of the sales contract and will hereafter be Exhibit “A”.