Upcoming Auctions

LIQUIDATION AUCTION
AVALON CENTER
480 Hwy 7 Eddy, Texas 76524
March 19, 2016    —   10:30AM

The Avalon center has closed its doors. The have commissioned us to liquidate all personal property @ Absolute Auction. The real estate will be offered subject to owner confirmation. The company doesn’t need this multi-use property. We do expect to sell this great piece of real estate on sale day. Please read the real estate terms and conditions, and come prepared to buy.

Photographs can be viewed here.

REAL ESTATE

10.489 Acres F Scranton A0317 Falls county, Texas
The Heritage House has 8140 square feet which includes thirteen bedrooms, many shared
Bathrooms, two living areas, offices, & storage rooms.
Brick building has aerobic septic system & a large ranch style veranda.
An 1800 square foot brick building is now being used as an office.
Included are two cottages that have two bedrooms, a shared bath & living room.
Property features approximately 1600 feet of Highway 7 road frontage.
The tax value of this real estate is about $481,000.
Corporation is selling at auction to cease operations and close within 30 days from Auction day.

There are so many different uses for this property we cannot start to name them. Truly a multi-use property.

Contact Towne Adams, real estate broker at 254-744-4558 for real property details.

BROKER PARTICIPATION INVITED

A 2% commission will be paid to the licensed broker whose prospect pays for and closes on the property. To qualify for a commission the licensed broker must; Register the prospect on company stationery with the prospects signature and the signature of the broker or sales person by fax within 12 hours of the auction to (254) 662- 4700.

The participating broker or sales person must register at the auction with the prospect. A legitimate-reasonable opening bid must be submitted by fax to (254) 662-4700 within 12 Hours of the auction. To qualify the opening bid must equal to 50% of the selling price.

REAL ESTATE TERMS AND CONDITIONS

All real estate will sell subject to owner confirmation. However, as we previously stated we do expect this property to sell on auction day.

On sale day the successful buyer must pay 20% down in two (2) separate 10% irrevocable and nonrefundable payments. One being a 10% buyer’s premium to Garner & Associates, the other being 10% earnest intent irrevocable and nonrefundable escrow deposit with the closing being no more than (30) thirty days from the date of the auction.

Real estate is sold as-is subject to all defects. No warranty is expressed or implied. Each buyer is responsible for securing their own financing. This property will not be owner financed. The sale of this property is not contingent upon financing.

All information in this brochure is derived from sources believed to be correct, but not guaranteed. All property dimensions are only approximations. Buyers shall rely upon their own judgment, information, and inspection of the property and records.

Property taxes to be pro-rated to date of closing.