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Live Auction Porter Estate – 2 Story Block Building Hwy 67

AUCTION
1386 Hwy 67 South, ,
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COURT ORDERED LIVE AUCTION SATURDAY, APRIL 27 @ 11AM

Tract # 8 – 2 Ac +/- with 2 Story Block Building

Estate of Hubert M. Porter

179+/- Acres in 15 tracts

1386 Hwy 67 South, Priceville, Alabama

commercial buildings, homes, timberland

cars, guns, trucks and farm equipment

Subject to Approval of probate Court of Morgan County, Alabama

START:    END: 

LOCATION: Decatur, AL

AUCTION TYPE: Real Estate

COURT ORDERED LIVE AUCTION SATURDAY, APRIL 27 @ 11AM

Tract # 8 – 2 AC +/- w/ 2 Story Block Building

Estate of Hubert M. Porter

179+/- Acres in 15 tracts

1386 Hwy 67 South, Priceville, Alabama

commercial buildings, homes, timberland

cars, guns, trucks and farm equipment

Subject to Approval of probate Court of Morgan County, Alabama

PROPERTY FEATURES:

AL Highway 67 Frontage
Investment
High Traffic
Rental
Auction
Priceville
Morgan County

AUCTIONEER: Mark Hampton

TERMS: AUCTION TERMS AND CONDITIONS

 

 

 

 

Real Estate:

A ten percent (10%) buyer’s premium will be charged and added to the Buyer’s bid price to determine the purchase price for all property sold at auction. The purchase price of the property, including the buyer’s premium, will be payable in cash or certified funds as follows: (a) earnest money based on ten percent (10%) of the purchase price will be payable on the date of the auction; and (b) the balance of the purchase price will be payable at the Closing of the sales transaction. The following is an outline of the terms of sale:

OUTLINE OF TERMS OF SALE

High Bid Amount               $___________________

Buyers Premium (10%)+ $___________________

Purchase Price                $___________________

Earnest Money (10%)-    $___________________

Balance Due at Closing   $___________________

 

The Buyer’s obligation to close the sales transaction will not be contingent on Buyer’s ability to obtain financing. The earnest money will be nonrefundable, except as otherwise provided in the Real Estate Sales Contract, hereinafter described.

               If you are the High Bidder on any of the property offered for sale today, you will sign a contract at the conclusion of today’s auction.

 

 

In the event of a dispute over any matter at the Auction, United Country shall have the absolute and sole right to make the final decision to resolve the dispute and will also have the right to either accept or reject the final bids or re-open the bidding. Increments of bidding are at the direction of United Country and the Auctioneer conducting the auction. United Country reserves the right to accept absentee bids in advance and place those bids during the course of bidding. United Country reserves the right to accept phone bids and/or absentee bids (arrangements must be made prior to auction date).

 

 

    9.    BACK-UP BIDS. An unsuccessful bidder may make a back-up bid to purchase the property in the event of default by the high bidder. A Back-up Bidder Form for the purpose                 will be provided by United Country, through its representatives at the auction, at request.

              

                 CLOSING. The sale of the property shall be closed and the deed delivered on or before    

                     ________, 2019. The closing will be held at the office of closing attorney

                  Phil D. Mitchell Shall serve as the closing attorney for all auction sales transactions.  

                                                           

              Harris, Caddell & Shanks, P.C.

              Attorneys at Law

              214 Johnston Street, S.E.

              Post Office Box 2688

              Decatur, Alabama 35602-2688

              (256) 340-8037

                  

 

Address: 1386 Hwy 67 South
City:
Area:
State/County:
Zip: 35603
Country: Morgan
Property Id : 237154
Auctioneer : Mark Hampton
Listing Number: 01023-00036
Lot Size (AC): 2.00000
Event ID: 74666
Event Type: Real Estate Auction
Property Building Size (SF): 1644
Year Built: 1965
Office ID: 4893
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Hampton, Mark

United Country - Hampton Auction & Realty

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