Online Only Auction of House & Lot

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House & Lot

Ending Time

December 09, 2014 04:00 PM

When

12/09/2014 Bidding Ends @ Approx.4:00 P.M. (Tuesday)

Where

205 Percheron Drive Richmond, KY 40475

How

Online Only

Notes

If you're looking for a 'Beautiful Home' in the Prestigious Brookline Subdivision, close to I-75 & all of the amenities of Richmond, or simply an investment opportunity, then be sure to attend the Preview Dates and BID ONLINE! Seldom will you have the opportunity to buy such a home or investment property at your own price,,,,ONLY AT 'ONLINE ONLY AUCTION'!

Auction Info

Terms Map & Directions

Online Only Auction Of

John & Lillian Reynolds

House & Lot

205 Percheron Drive - Brookline Subdivision

Richmond, Kentucky

Bidding Ends Tuesday, December 9th, @ Approx. 4:00 P.M.

^{DIRECTIONS: From I-75 Exit 87, proceed West on Barnes Mill Road to Goggins Lane (3rd light). Turn right onto Goggins Lane & proceed 1 mile to Paso Fino Drive. Turn right onto Paso Fino Drive & proceed to Percheron Drive (1st right). Turn right onto Percheron Drive & proceed to property, 2nd house on left. Watch For Auction Signs.}

^{DESCRIPTION: This brick & vinyl split foyer style home contains approx. 1511 sq. ft. of living area on the first floor and features a kitchen w/ custom oak cabinetry, dining room, living room, three bedrooms and two full baths. The basement contains approx. 995 sq. ft. of living area and features one bedroom, full bath, family room w/ gas fireplace, & utility room. Other amenities include: two-car attached garage, Frigidaire SS refrigerator, Whirlpool SS stove, Whirlpool SS dishwasher, Whirlpool SS microwave, heat pump, central air, cathedral ceiling, blinds, walk-in closet, hardwood, tile & carpet floor covering, two outbuildings, large rear deck, landscaping, concrete driveway, city water & city sewer, situated on a 0.361 acre lot.}

^{SCHOOLS: Elementary School: Kit Carson, Middle School: Madison Middle, High School: Madison Central}

^{PREVIEW DATES: Tuesday, December 2nd from 4-6 pm and Monday, December 8th from 4-6 pm. Bid Assistance: Tuesday, December 9th from 2-4 pm.}

^{TERMS: 20% down in the form of a certified check or wire transfer within 48 hours of the close of auction. We do not accept a credit card for down payment. The balance of the purchase price is due at closing, said closing to be within 30 days of close of bidding.}

^{BUYER'S PREMIUM: There will be a 10% Buyer's Premium added to the winning bid. The sum of the winning bid plus the buyer's premium will be the sales price.}

BROKER PARTICIPATION: A 3% Broker Participation fee will be paid to any licensed real estate broker who registers the successful buyer(s). Broker must call Ford Brothers before registering client on our website for this auction.

^{AUCTIONEER'S NOTE: If you're looking for a "Beautiful Home" in the Prestigious Brookline Subdivision, close to I-75 & all of the amenities of Richmond, or simply an investment opportunity, then be sure to attend the Preview Dates and BID ONLINE! Seldom will you have the opportunity to buy such a home or investment property at your own price,,,,ONLY AT "ONLINE ONLY AUCTION"!}

^{AUCTIONEER/BROKER/SELLER DISCLAIMER: The information contained herein is believed to be correct to the best of the auctioneer's knowledge. The information is being provided for the bidder's convenience and it is the bidder's responsibility to determine the information contained herein is accurate and complete. The property is selling in its "as is" condition with no warranties expressed or implied.}

FOR ADDITIONAL INFORMATION, PLEASE CONTACT AUCTIONEER JEFF CROMER @ 606-256-4545.

TERMS 
 
NOTE: This piece of property is selling subject to seller’s confirmation. 
 
PROPERTY IS OFFERED UNDER THE SPECIFIC TERMS PROVIDED IN THE PURCHASE CONTRACT. PLEASE READ AND REVIEW THE CONTRACT THOROUGHLY PRIOR TO BIDDING ON ANY PROPERTY. IF YOU HAVE NOT READ AND REVIEWED THE CONTRACT FOR SALE OF REAL ESTATE, DO NOT BID. 
 
AUCTION END TIME: Bidding Ends on Tuesday, December 9th at approximately 4:00 p.m. EST. 
 
PREVIEW DATES: Tuesday, December 2nd from 4-6 pm and Monday, December 8th from 4-6 pm. Bid Assistance: Tuesday, December 9th from 2-4 pm. Onsite at Percheron Drive. 
 
Ford Brothers, Inc. Real Estate Online Auctions are timed events and all bidding will close at specified time. Ford Brothers, Inc. Real Estate Online Auctions also have an auto extend feature. Any bid placed in the final 5 minutes of an auction, the auction ending will be automatically extended 5 minutes from the time the bid was placed. Example: if an auction scheduled to close at 6:00 receives a bid at 5:59, the close time will automatically extend 6:04.The auto extend feature remains active until no further bids are received within a 5 minute time frame. 
 
REFRESH YOUR SCREEN CONSTANTLY DURING THE CLOSING MINUTES OF THE BIDDING. 
 
SERVER & SOFTWARE TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Ford Brothers, Inc. reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE nor FORD BROTHERS, INC. SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by Ford Brothers, Inc. 
 
TERMS: 20% down, as a non-refundable earnest money, in the form of a certified check, cash or wire transfer within 48 hours of the close of auction. We do not accept a credit card for down payment. The balance of purchase price is due at closing, said closing to be within 30 days of close of bidding. Purchaser shall be responsible for all wire transfer fees. Closing will be as specified in the Contract for Sale of Real Estate. 
 
GOOD INSURABLE DEED AT CLOSING. 
 
BUYER’S PREMIUM: There will be a buyer’s premium of 10% added to the bid price to arrive at final purchase price. Example: Bid Price $100,000 plus $10,000 (10% buyer’s premium) equals purchase price of $110,000. 
 
AUCTION BIDDER DEFAULT: Successful bidder not executing and returning the contract with earnest money deposit within 48 hours of the conclusion of the auction will be considered in default. In the event a winning bidder fails to submit the signed Contract for Sale of Real Estate and 20% earnest money deposit, the winning bidder will be charged a penalty fee of $2,500.00 on the credit card provided at auction registration. Additional default remedies are reserved by Ford Brothers, Inc. and the Seller as provided in the Auction Terms and Conditions and the Contract for Sale of Real Estate. Ford Brothers, Inc. reserves the right to sell to the second-highest bidder in the event the successful high bidder does not comply with the terms of the sale. 
 
Any dispute between Ford Brothers, Inc., its Agents or Representatives and the Buyer(s) will be tried in a court of jurisdiction in Madison County, Kentucky. By bidding on the property, buyer agrees to all terms and conditions set forth. 
 
Acceptance of Bid Prices: Successful bidder(s) will be required to enter into a purchase agreement immediately following the close of the auction. Ford Brothers, Inc. will e-mail documents to be executed and said documents should be faxed or e-mailed back to Ford Brothers, Inc. within 48 hours of the end of the auction. Successful bidders not executing and returning contracts with earnest money deposit within 48 hours will be considered in default. Any and all inspections that a buyer may want must be done at buyer’s expense prior to the close of the online bidding. Ford Brothers, Inc.'s Agents, Representatives or Employees may bid. 
 
Title: As specified in the Contract for Sale of Real Estate. 
 
Deed: As specified in the Contract for Sale of Real Estate. The sellers issued a Special Warranty Deed. 
 
Possession: As specified in the Contract for Sale of Real Estate. 
 
Real Estate Taxes and Closing Cost: All taxes will be prorated to day of closing using the most current available year’s tax amount. The purchaser will pay all other closing costs associated with the purchaser’s side of the sale, including local and state recording fees and any cost associated with the purchaser’s loan. 
 
Easements: Subject to any and all easements of record. 
 
Zoning: This property is subject to all state and local zoning ordinances. 
 
Bidder Verification: The identity of all bidders will be verified, bidding rights are provisional, and if complete verification is not possible, Ford Brothers, Inc. will reject the registration, and bidding activity will be terminated. The Seller and Ford Brothers, Inc. reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. Bidders agree to keep their username and password confidential as they are responsible for ANY and ALL activity involving their account. When using the web site you must obey any and all local state and federal laws. Violations will result in termination of web site use privileges. 
 
Agency: Ford Brothers, Auctioneers, Agents and Representatives are agents of the Seller. Buyer and or Bidder agrees to hold harmless and indemnify Ford Brothers, Auctioneers and its Agents and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc. 
 
NEW DATA, CORRECTIONS, and CHANGES: Please check for updated information prior to scheduled auction time to inspect any changes, corrections, or additions to the property information. Disclaimer & Absence of Warranties: All information contained in this information packet and all related materials are subject to the terms and conditions outlined in the Contract for Sale of Real Estate agreement. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation either expressed or implied, concerning the property is made by the Seller or Ford Brothers, Auctioneers, Agents or Representatives. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in the brochure and on the website is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller, Ford Brothers, Auctioneers, Agents or Representatives. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. All decisions of Ford Brothers, Inc. are final. Any dispute between Ford Brothers, Inc., its Agents or Representatives and the Buyer(s) will be tried in a court of jurisdiction in Madison, Kentucky. By bidding on the property, buyer agrees to all terms and conditions set forth. 
 
Any prospective buyer has 10 days prior to auction to complete any inspections. Property information believed to be accurate but not guaranteed. Buyer should independently verify all information prior to bidding. Information contained herein derived from 3rd party sources such as tax cards, MLS listings, etc. No liability for its accuracy, errors or omissions is assumed by the Sellers or the auction company. The property is being sold on an 'AS-IS, WHERE IS' basis, and no warranty or representation either expressed or implied, concerning the property is made by the Seller or Ford Brothers Inc. 
 
Auctioneer/Broker/Seller Disclaimer: The information contained herein is believed to be correct to the best of the auctioneer’s knowledge. The information is being provided for the bidder’s convenience and it is the bidder’s responsibility to determine the information contained herein is accurate and complete. The property is selling in its ‘as-is’ condition with no warranties expressed or implied. 
 
For additional information, contact Ford Brothers, Auctioneers at 1-800-435-5454. Ford Brothers Auctioneers.

Conducted By

Ford Brothers, Inc.

Online Only Auction of House & Lot

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Auction Info

SCHOOLS: Elementary School: Kit Carson, Middle School: Madison Middle, High School: Madison Central

PREVIEW DATES: Tuesday, December 2nd from 4-6 pm and Monday, December 8th from 4-6 pm. Bid Assistance: Tuesday, December 9th from 2-4 pm.

TERMS: 20% down in the form of a certified check or wire transfer within 48 hours of the close of auction. We do not accept a credit card for down payment. The balance of the purchase price is due at closing, said closing to be within 30 days of close of bidding.