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Absolute Estate Auction
Of the Late Mr. J.M. Sutton’s
House, 6 Acres +/-, Boat and Storage Bldg.
2828 KY Hwy 2750 Crab Orchard, KY
Bidding Ends: Tuesday, January 21st at approx. 4:00 p.m.
BID ONLINE NOW: www.fordbrothersinc.com
LOCATION: Rockcastle/Lincoln Co line. Turn onto Hwy 2750 Left from Rockcastle or Right from Lincoln less than 1/10 mile the property is on the right. Auction signs are posted.
In order to settle the estate of the late Mr. J.M. Sutton the executor, Mr. Greg Sutton, has authorized our firm to sell this property for the absolute high dollar.
PREVIEW DATES: There are two preview dates scheduled for this auction: Thursday, January 16th from 3:00 p.m. – 6:00 p.m. and Tuesday, January 21st from 1:00 p.m. – 4:00 p.m.
Real Estate: The pictured home consists of approx.1400 sq. ft. and features 3 bedrooms, 1 bath, living room, dining room, and utility room. Other amenities include a full, unfinished basement, and a fireplace. The house is situated on approximately 6 acres more or less and is pending survey. Improvements include: a large barn and several outbuildings.
Boat: The pictured boat and trailer will also be available for sale. There is no title to this boat.
Storage Building: This insulated panel building measures approx. 18 x 40 and is wired with lights and plugs.
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.
TERMS: Real Estate: 20% down no later than Thursday, January 23rd at 3:00 p.m. balance due in 30 days. Boat (with Trailer) & Storage Building: Payment due in full at the end of the auction. **These items must be removed from the property within 20 days of the close of the auction.
AUCTIONEER'S NOTE: If you are looking for rental property, a small farm to call your own or investment property check this absolute online only auction out. Log on and bid at www.fordbrothersinc.com.
NOTE: The purchaser of a single-family residence built before 1978 has a maximum of 10 days to inspect the property for the presence of lead-based paint. The period for inspection begins January 11th through January 22nd. The successful bidder must sign a waiver of the 10-day post sale inspection period.
Announcements day of sale take precedence over printed matter.
Contact Ford Brothers Auctioneers for additional information and photos log on to the website for additional pictures.
Mike Crouch, Auctioneer
Doug Bishop, Realtor
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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.<br>
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PREVIEW DATES: There are two preview dates scheduled for this auction: Thursday, January 16th from 3:00 p.m. – 6:00 p.m. and Tuesday, January 21st from 1:00 p.m. – 4:00 p.m. <br>
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AUCTION END TIMES: <br>
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This auction is scheduled to close at approximately 4:00 p.m. on Tuesday, January 21st.<br>
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Ford Brothers, Inc. Online Auctions are timed events and all bidding will close at specified time. Ford Brothers, Inc. Online Auctions also have an auto extend feature. If a bid is placed in the final 5 minutes of a particular catalog, the close of the catalog will be automatically extended 5 minutes from the time the bid was placed. Example: if an auction has a catalog that is scheduled to close at 6:00 and a bid is received at 5:59, the close time will automatically extend 6:05.The auto extend feature remains active until no further bids are received within a 5 minute time frame.<br>
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REFRESH YOUR SCREEN CONSTANTLY DURING THE CLOSING MINUTES OF THE BIDDING<br>
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All property is sold in “AS IS” and “WHERE IS” condition. ALL SALES ARE FINAL! Bidder understands and agrees that no refunds, exchanges, adjustments, charge backs, etc., will be allowed. Property is available for inspection at specified times and it is the bidder's responsibility to determine condition. Bidder's failure to inspect any item or lot will not constitute grounds for any claim, refund, adjustment, charge back, etc. <br>
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All description information has been gathered from sources which we believe to be reliable but are not guaranteed. Auctioneer makes no warranty or guarantee of any kind with respect to condition, authenticity, provenance, source, condition, suitability for a particular purpose, etc. Auctioneer reserves the right to change, modify, delete any item or lot or description in the auction as may be necessary.<br>
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PAYMENT: Real Estate: 20% down no later than Thursday, January 23rd at 3:00 p.m. balance due in 30 days. <br>
Boat, Trailer & Storage Building payment due in full at the end of the auction. **These items must be removed from the property within 20 days of the close of the auction. <br>
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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.<br>
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Any dispute between Ford Brothers, Inc., its Agents or Representatives and the Buyer(s) will be tried in a court of jurisdiction in Lincoln County, Kentucky. By bidding on the property, buyer agrees to all terms and conditions set forth.<br>
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Agency: Ford Brothers, Inc.' Agents and Representatives are agents of the Seller. Buyer and or Bidder agrees to hold harmless and indemnify Ford Brothers, Inc. and its Agents and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc.<br>
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Ford Brothers, Inc., reserves the right to alter this agreement at any time. This will take place by updating this site. Please check back and review these terms as every time you use this site you are agreeing to the terms as they are written at that time.<br>
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Auction company employees and/or auction company may bid on and purchase auction items.<br>
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BIDDER DEFAULT: Failure to complete a purchase is illegal and will result in one or more of the following (1) prosecution (2) loss of bidding privileges for Ford Brothers and all other MarkNet auctions.<br>
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If a bidder at any time feels his/her username, password or bidder number has been compromised due to lack of security by the bidder, notify Auctioneer immediately.<br>
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For additional information, contact Ford Brothers, Inc. Auctioneers - Realtors at 1-800-435-5454.<br>
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TIME IS OF THE ESSENCE in regard to all auction terms.
Overview
Under Contract: Yes