The Regions 1st Choice For Auctions!

The Regions 1st Choice For Auctions!

COURT ORDERED ON-LINE ONLY REAL ESTATE AUCTION

by Beckort Auctions, LLC

When

Nov 16, 2011 - Bidding is Closed! Eastern

Where

Estate of Catherine J. Lowe & Larry R. Lowe, SR
1450 Hwy 335 NE
Corydon, IN 47112

Notes

Info & photos just updated on 10/27/11!

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Conducted By

Beckort Auctions, LLC

115 E. Chestnut St.
Corydon, IN 47112

812-738-9476

http://www.beckortauctions.com

Ending Time

Nov 14, 2011 8:00 PM

Contact the Auctioneer

115 E. Chestnut St.
Corydon, IN 47112
812-738-9476

Auction Listing

COURT ORDERED REAL ESTATE AUCTION

BUY AT YOUR PRICE-READY TO MOVE INTO

ON-LINE ONLY AUCTION ENDS NOV. 14 @ 8 PM!

ADDRESS: 1450 Hwy 335 NE, Corydon, IN 47112

DETAILS: Built in 1950, this well maintained ranch home sits on 0.912 ac. Interior features include:1024 sf, 2BR, full walkout basement (85% finished & half bath), large full bath with whirlpool/shower, awesome large modern kitchen with island/oak cabinets, includes modern appliances, cedar lined walls, spiral staircase, hardwood floors, & several updates throughout.Exterior features include: large 12x32 & 32x20 patios, block detached garage 21x20, metal shop/garage approx. 1800 sf, paved driveway & mature shade. Utilities: CA, LP forced air gas furnace, sells with 2 LP tanks. Taxes: $229/year. Ready to move into & MUST SELL!

OPEN HOUSE: By appointment only, call (812) 738-9476.

OWNER: Estate of Catherine J. Lowe & Larry R. Lowe, SR

NOTE: Reserve is well below current appraisal!

DIRECTIONS: From Corydon, approx. 4 miles north on SR 135, then right (east) on SR 335 0.8 miles to site.

Exhibit A

Terms and Conditions of Online Only Real Estate Auction

This online only auction is subject to court approval and 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 Agreement to Purchase Real Estate.

At the close of the auction, the successful Bidder will be emailed an Agreement to Purchase Contract to executed and returned to Beckort Auctions, LLC within twenty-four (24) hours of the completion of the auction. The entirety of the remaining balance is due at closing on or before Thirty (30) days from Auction Day. Purchaser will be responsible for all wire transfers.

Per the Contract, time is of the essence; you should proceed to closing within Thirty (30) days. Possession shall be given to the successful Buyer(s) at closing, seller will provide deed preparation.

Successful Bidders not executing and returning their Contract with Earnest Money deposit within Forty Eight (48) hours of the conclusion of the auction will be considered in default. If your closing is delayed for any reason, by you, as purchaser, or other parties working on your behalf, including any lender you involve, you may be declared in breach of this contract, forfeit all deposits made and could additionally liable for any and all costs incurred by Seller and Beckort Auctions, LLC incurred in a subsequent resale of the property.

Buyer(s) must be prepared to make a cash offer. There are no contingencies to this sale (i.e., financing, appraisal, repairs, or inspections). Therefore, you should be pre-qualified by a lender prior to bidding if you require financing. This property is being sold for cash as-is, where-is with a closing deadline.

Beckort Auctions, LLC reserves the right to remove or cancel the bids and or bidding rights and privileges of any party at any time deemed not to be in the best interest of the seller. The identity of all bidders will be verified, bidding rights are provisional, and if complete verification is not possible, Beckort Auctions LLC will reject the registration, and bidding activity will be terminated.

Buyer acknowledges they are buying property as-is, where-is, without inspections or contingencies, Buyer(s) will rely on his/her own judgment and inspection. By signing an offer, Buyer(s) will be waiving the 10-day lead based paint test.

Sellers will provide a preliminary title opinion and convey title with a Personal Representative's Deed

Beckort Auctions LLC and their representatives are Exclusive Agents of the Seller(s).

Real Estate is sold subject to any and all existing matter of record, and all easements, building use or zoning laws and regulations. Taxes and assessments will be pro-rated to the closing date.

All Beckort Auctions, LLC Online Only Real Estate Auctions are timed events that have an auto-extend feature. Any bid placed within 10 minutes of the auction ending will automatically extend the auction for 10 minutes from the time the bid is placed. Example: If an auction scheduled to end at 6:00pm receives a bid at 5:59 pm, the close time of the auction automatically extends to 6:10 pm. The auto-extend feature remains active until no further bids are received within the 10 minute time frame.

A two percent (2% variable) bid price commission is available to properly registered Brokers. You must pre-register your Buyers with Beckort Auctions, LLC twenty-four (24) hours before the end of the auction. Agents who fail to pre-register their Buyer will not be recognized as Buyer Agents and will not be entitled to a co-op commission. Broker cannot act as a Principal and Broker on the same transaction. Please review the form for eligibility.

Beckort Auctions, LLC and their representatives are Exclusive Agents to the Seller.

From Corydon, approx. 4 miles north on SR 135, then right (east) on SR 335 0.8 miles to site.