46.67 Acres & House ~ Van ~ Boat ~ Coins ~ Knives & Personal Property - Absolute Online Only Auction

Commercial Auction in 1030 Disputanta Rd, Mt. Vernon, Kentucky, United States

29 Tuesday
29th September, 2020

46.67 Acres & House ~ Van ~ Boat ~ Coins ~ Knives & Personal Property - Absolute Online Only Auction

Commercial Auction in 1030 Disputanta Rd, Mt. Vernon Kentucky, United States

Tuesday at - 29th September , 2020

Notes

PREVIEW DATES: Tuesday, September 22nd & 29th from 4-6 p.m. PICKUP: Coins and knives can be picked up on Wednesday, September 30th at our Mt. Vernon office between 8 a.m.-5 p.m. Van, boat and furniture can be picked up by making an appointment with our Mt. Vernon office. REAL ESTATE TERMS: Buyer's Premium: There will be a 10% Buyer’s Premium added to the winning bid to determine the final sale price. 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 TIME: 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. If a bid is 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 6:05.The auto extend feature remains active until no further bids are received within a 5 minute time frame. 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. REAL ESTATE TERMS: 20% of the total sale price 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. This online only auction is a CASH SALE not contingent on or subject to financing, appraisal, survey or inspections of any kind, as agreed to by bidders at registration prior to bidding and specified in the attached Contract for Sale of Real Estate. GOOD INSURABLE GENERAL WARRANTY 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 Fee) 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 $5,000.00 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 Rockcastle 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 Possession: As specified in the Contract for Sale of Real Estate Real Estate Taxes and Closing Cost: All real estate taxes will be prorated for 2020. 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. The seller will pay for deed preparation and deed tax. Easements: Subject to any and all easements of record, including road easements and utility easements 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, 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. 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, Inc. 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, Inc., 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 Rockcastle County, Kentucky. By bidding on the property, buyer agrees to all terms and conditions set forth. 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. PERSONAL PROPERTY TERMS: 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. Online Auction Ending Times: Ford Brothers, Inc. Online Auctions are timed events and all bidding will close at the specified time. Ford Brothers, Inc. Online Auctions also have an auto-extend feature. If a bid is placed in the final 5 minutes of an auction, the close of the auction 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. Please monitor the countdown timer to see when the lot will close. Staggered Closing: This online auction closes in intervals. Depending on how large (# of lots) an auction is, then we set the auction to close so many lots at a time. If it is a large auction, then it will be 75-100 lots at a time. If it is equipment and has 150 lots or less, then we will close the auction approx. 10-25 lots a time, all in 5-minute intervals. Please monitor the countdown timer to see when the lot will close. Please check the auction announcements for detailed information regarding these intervals. This feature works great with the auto-extend feature to closely emulate a live auction. All property is sold in “AS IS” and “WHERE IS” condition. ALL SALES ARE FINAL! Bidder understands and agrees that no refunds, exchanges, adjustments, chargebacks, 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, chargeback, etc. All description information has been gathered from sources

Description

ABSOLUTE ONLINE ONLY AUCTION

46.67 ACRES & HOUSE

VAN ~ BOAT ~ COINS ~ KNIVES & PERSONAL PROPERTY

BIDDING ENDS TUSDAY, SEPTEMBER 29TH @ 6 P.M.

1030 DISPUTANTA RD., MT. VERNON, KY

 

 

In order to settle the estate of Dennis Thomas, our firm has been authorized to sell this property at absolute online auction.

 

This property contains 46.67 acres by survey & has some possible timber with 1,024.9’ of road frontage along Hwy 1787/Disputanta Rd.   Very private with creek running through a portion of the property.  It is improved with a stone house featuring 4 bedrooms, bath, living room, dining room, kitchen & den.  It is an ideal fixer-upper.

 

Personal Property includes: 1988 Chevy van ~ 1976 Ranger fiberglass boat ~ Coins include US Proof sets, Kennedy half dollars, 40 years of Lincoln head cents, and 20th century American ~ assorted knives including Case XX and Boker and 2 china cabinets, desk, couch, chair and 3 piece bedroom suite being sold together as one lot. 

 

PREVIEW: Tuesday, September 22nd & 29th from 4-6 p.m.

 

PICKUP: Coins and knives can be picked up on Wednesday, September 30th at our Mt. Vernon office between 8 a.m.-5 p.m.  Van, boat and furniture can be picked up by making an appointment with our Mt. Vernon office.  

 

AUCTIONEER’S NOTE: If you’re looking for a hunting retreat, fixer upper or simply an investment property, then be sure to attend preview and BID ONLINE. 

 

NOTE: The purchaser of a single-family residence built before 1978 has a maximum of 10 days to inspect the property of lead-based paint.  The period for inspections begins September 19th through September 28th.  The successful bidder must sign a waiver of the 10-day inspection period.

 

BUYER’S PREMIUM: A 10% Buyer’s Premium will be added to the winning bid to determine the final sale price on both real estate and personal property.

 

TERMS: Real Estate-20% down due within 48 hours of close of bidding, with balance in 30 days with deed. Personal Property- Payment in full due at pickup in the form of cash, check, Visa or MasterCard with an additional 3% processing fee ($3 minimum).

 

Notice:  In accordance with the CDC and to protect our customers and staff, we would like to encourage the maintaining of social distancing and recommend wearing facial covering at our auction site to further prevent the spread of Covid-19.

 

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. 

 

Jeff Cromer, Auctioneer

Sam Ford, Auctioneer

 

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Location has been calculated by address and may not be 100% accurate.




Auction Items For Sale

ABSOLUTE ONLINE ONLY AUCTION

46.67 ACRES & HOUSE

VAN ~ BOAT ~ COINS ~ KNIVES & PERSONAL PROPERTY

BIDDING ENDS TUSDAY, SEPTEMBER 29TH @ 6 P.M.

1030 DISPUTANTA RD., MT. VERNON, KY

 

 

In order to settle the estate of Dennis Thomas, our firm has been authorized to sell this property at absolute online auction.

 

This property contains 46.67 acres by survey & has some possible timber with 1,024.9’ of road frontage along Hwy 1787/Disputanta Rd.   Very private with creek running through a portion of the property.  It is improved with a stone house featuring 4 bedrooms, bath, living room, dining room, kitchen & den.  It is an ideal fixer-upper.

 

Personal Property includes: 1988 Chevy van ~ 1976 Ranger fiberglass boat ~ Coins include US Proof sets, Kennedy half dollars, 40 years of Lincoln head cents, and 20th century American ~ assorted knives including Case XX and Boker and 2 china cabinets, desk, couch, chair and 3 piece bedroom suite being sold together as one lot. 

 

PREVIEW: Tuesday, September 22nd & 29th from 4-6 p.m.

 

PICKUP: Coins and knives can be picked up on Wednesday, September 30th at our Mt. Vernon office between 8 a.m.-5 p.m.  Van, boat and furniture can be picked up by making an appointment with our Mt. Vernon office.  

 

AUCTIONEER’S NOTE: If you’re looking for a hunting retreat, fixer upper or simply an investment property, then be sure to attend preview and BID ONLINE. 

 

NOTE: The purchaser of a single-family residence built before 1978 has a maximum of 10 days to inspect the property of lead-based paint.  The period for inspections begins September 19th through September 28th.  The successful bidder must sign a waiver of the 10-day inspection period.

 

BUYER’S PREMIUM: A 10% Buyer’s Premium will be added to the winning bid to determine the final sale price on both real estate and personal property.

 

TERMS: Real Estate-20% down due within 48 hours of close of bidding, with balance in 30 days with deed. Personal Property- Payment in full due at pickup in the form of cash, check, Visa or MasterCard with an additional 3% processing fee ($3 minimum).

 

Notice:  In accordance with the CDC and to protect our customers and staff, we would like to encourage the maintaining of social distancing and recommend wearing facial covering at our auction site to further prevent the spread of Covid-19.

 

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. 

 

Jeff Cromer, Auctioneer

Sam Ford, Auctioneer

 

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