731 MARTINSVILLE FORD RD
BOWLING GREEN KY
Here is a rare opportunity!
40+/- Acres with a custom built home selling in 5 tracts-Home and 2.3 Ac-Building Sites-River Bottom Farm Land. Tracts will sell individually and in any combination desired using the Ultimate Choice bidding platform.
Frontage on Barren River and Bays Fork Creek!
TERMS AND CONDITIONS:
Terms and Down Payment: The non refundable down payment on the real estate shall be 15% of the contract sales price (winning bid plus 7% buyer premium) in the form of cash or good check (with proper identification) or certified funds due at the conclusion of the auction. An internet bidder will have until noon the next full business day to completed the contract and deposit the down payment. The closing shall be on or before July 8, 2016 days. Possession with the deed.
The property is sold without contingencies and subject to easements and zoning of record. A portion of the land including a small section of the home is in the flood plain.
Taxes: Real Estate Taxes will be prorated between buyer and seller as of closing date.
Deed: The purchaser shall receive a General Warranty Deed.
Special Conditions: A portion of this property is in the USDA CREP program. Therefore, the purchaser of the tracts (1 & 2), portions of which are in the CREP program, understand that the payments for the year 2016 shall be prorated between buyer(s) and seller as of closing date. Furthermore, should the purchaser(s) of these tracts desire to remove them from the CREP program it will be their full responsibility to pay for any and all expenses related to such removal, including, but not limited to penalties, recapture of previous payments, interest, or any other related expenses. The purchaser(s) of these tracts further agree to maintain the properties in full compliance with the provisions of the agreement with the U. S. Department of Agriculture regarding the CREP program.
Who May Bid: Any qualified bidder, including the auctioneer and any agent, may bid on this property. Likewise, the auctioneer has the right to refuse to accept a bid from a bidder deemed not to be qualified under Kentucky law.
Inspection: The real estate may be viewed prior to the auction date by appointment with Thomas R. Hunt Auctioneers, and will be available for inspection two hours before sale time on the day of the auction. Prospective buyers are advised to inspect the property to their satisfaction as it will be sold “as is” with no warranties expressed or implied. This paragraph is deemed to be fair warning of the inspection period.
Lead Base Paint: Any residential real estate, up to and including a 4-plex, built prior to 1978 could possibly contain lead base paint. Interested parties are hereby notified that they have up to 10 days prior to the auction to perform any independent lead base paint tests. The purchaser will be required to sign a 'Lead Base Paint Waiver' at the conclusion of the auction for any residence falling under this classification. This home was built in 1999 (Per PVA).
Buyer Premium: A Seven percent buyer premium will be added to the high bid to determine the contract price on the real estate.
Auto Extend: This feature extends the bidding for all lots on the auction. The auction will be extended for the amount of time supplied in the Auto Extend field. This behaves differently than normal Auto Extend. If the End Time is 6:00 PM, Auto Extend is set as 10, and a bid is placed 9 minutes before the end of the auction, this will only extend the auction to 6:01 PM. The actual end time shown for the auction is the end time for all items and other bidders are always given the amount of time supplied as Auto Extend to consider placing a bid. Please note, that this feature changes the actual end time of the auction and that no notification of this extension is currently given to bidders.
Disputes: Any dispute arising from this auction shall be settled by binding arbitration within the bounds of Warren County, Kentucky.
Auctioneers Note: All information contained in this document and all related materials should be verified by all interested parties. All interested bidders are responsible for conducting their own independent inspections and tests. Information contained herein was obtained from sources deemed to be reliable. However, neither the Auctioneers, Agents, nor Sellers shall be responsible for any errors or omissions herein. Announcements made the day of the sale shall take precedence over any prior advertising or other information.
Terms and Down Payment: The non refundable down payment on the real estate shall be 15% of the contract sales price (winning bid plus 7% buyer premium) in the form of cash or good check (with proper identification) or certified funds due at the conclusion of the auction. An internet bidder will have until noon the next full business day to completed the contract and deposit the down payment. The closing shall be on or before July 8, 2016 days. Possession with the deed.
The property is sold without contingencies and subject to easements and zoning of record. A portion of the land including a small section of the home is in the flood plain.
Taxes: Real Estate Taxes will be prorated between buyer and seller as of closing date.
Deed: The purchaser shall receive a General Warranty Deed.
Special Conditions: A portion of this property is in the USDA CREP program. Therefore, the purchaser of the tracts (1 & 2), portions of which are in the CREP program, understand that the payments for the year 2016 shall be prorated between buyer(s) and seller as of closing date. Furthermore, should the purchaser(s) of these tracts desire to remove them from the CREP program it will be their full responsibility to pay for any and all expenses related to such removal, including, but not limited to penalties, recapture of previous payments, interest, or any other related expenses. The purchaser(s) of these tracts further agree to maintain the properties in full compliance with the provisions of the agreement with the U. S. Department of Agriculture regarding the CREP program.
Who May Bid: Any qualified bidder, including the auctioneer and any agent, may bid on this property. Likewise, the auctioneer has the right to refuse to accept a bid from a bidder deemed not to be qualified under Kentucky law.
Inspection: The real estate may be viewed prior to the auction date by appointment with Thomas R. Hunt Auctioneers, and will be available for inspection two hours before sale time on the day of the auction. Prospective buyers are advised to inspect the property to their satisfaction as it will be sold “as is” with no warranties expressed or implied. This paragraph is deemed to be fair warning of the inspection period.
Lead Base Paint: Any residential real estate, up to and including a 4-plex, built prior to 1978 could possibly contain lead base paint. Interested parties are hereby notified that they have up to 10 days prior to the auction to perform any independent lead base paint tests. The purchaser will be required to sign a 'Lead Base Paint Waiver' at the conclusion of the auction for any residence falling under this classification. This home was built in 1999 (Per PVA).
Buyer Premium: A Seven percent buyer premium will be added to the high bid to determine the contract price on the real estate.
Auto Extend: This feature extends the bidding for all lots on the auction. The auction will be extended for the amount of time supplied in the Auto Extend field. This behaves differently than normal Auto Extend. If the End Time is 6:00 PM, Auto Extend is set as 10, and a bid is placed 9 minutes before the end of the auction, this will only extend the auction to 6:01 PM. The actual end time shown for the auction is the end time for all items and other bidders are always given the amount of time supplied as Auto Extend to consider placing a bid. Please note, that this feature changes the actual end time of the auction and that no notification of this extension is currently given to bidders.
Disputes: Any dispute arising from this auction shall be settled by binding arbitration within the bounds of Warren County, Kentucky.
Auctioneers Note: All information contained in this document and all related materials should be verified by all interested parties. All interested bidders are responsible for conducting their own independent inspections and tests. Information contained herein was obtained from sources deemed to be reliable. However, neither the Auctioneers, Agents, nor Sellers shall be responsible for any errors or omissions herein. Announcements made the day of the sale shall take precedence over any prior advertising or other information.
Overview
Under Contract: No