THIS IS A COMPLETED SALE
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View current listings by this company
Absolute Estate Auction | 725 Cheryl Lane, Lexington, KY
Previous Page Listing ID#: 1386479
Auction Location |
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Lexington, KY 40504 |
Auction Dates and Times |
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Friday Mar 18, 2022 Completed Sunday Apr 3, 2022 Completed |
Auction Type |
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Live Auction with Online Bidding VIEW ONLINE CATALOG |
Company Information |
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McConnell Real Estate, Inc. Website: www.soldbymcre.com/ GoToAuction.com ID#: 7778 View company information and listings |
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Listing Terms and Conditions |
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Terms on the Real estate Auction will require payment of 10% of the final sales contract price paid at auction close and the balance of final sales contract price is paid on or before Thursday, May 12, 2022 at closing with transfer of deed.
TERMS OF SALE:
Real Property Absolute Estate Auction | 725 Cheryl Lane, Lexington, Kentucky 40504
Estate of Bernice Feeback | James Hicks, Administrator
Sunday, April 3, 2022 | 2:00pm
Terms on Real Estate require a 10% down payment in US Dollars by Certified or Cashier's Check or verifiable funds with proper identification acceptable to the Executor and Auctioneer due at the conclusion of property sale and upon signing of the Auction Purchase Contract. The down payment, check made payable to McConnell Real Estate, Inc. or cash, will be deposited in McConnell Real Estate, Inc. Escrow Account on Monday morning, April 4, 2022. Online Buyer will be required to deliver funds no later than Tuesday, April 5, 2022 at Noon EDT. The balance is due in US Dollars (by cashier's check or certified funds) on or before May 12, 2022, upon delivery of the deed. Failure to pay the balance due shall require the Purchaser to forfeit his or her down payment, execute a release in favor of the Seller and Auctioneer and be subject to all other remedies available to the Seller under the law. No one should make a Bid they do not want to honor or are unable to honor. There are no contingencies in the Auction Purchase Contract on obtaining financing. You must Register to receive a bid number. All willing and able parties have the right to bid and purchase this property being sold at Absolute Estate Auction. Time shall be of the essence in closing this sale.
There will be minimum bid increments of $500.00 at the discretion of the Auctioneer.
There will be a 10% Buyer's Premium added to the Hammer Price to determine Final Sales Contract Price.
Disclosure Information. Lead Warning Statement. Every prospective Purchaser is informed that the Improvements on this Property were built prior to 1978 and notification is given that the property may present exposure to Lead-Based paint. Prospective Purchasers are granted, by law, a period of 10 days the right to inspect any Building for Lead-Based paint. The time period allowed for risk assessment or inspection for possible Lead-Based paint hazards is established as the 10 day period preceding this Absolute Estate Auction. The Purchaser of this property will be required to sign a waiver of any post-sale 10 day inspection period.
DEED: Title will be transferred by a recordable General Warranty Deed, executed by the Sellers and shall be conveyed in fee simple on or before May 12, 2022. Time shall be of the essence in closing this sale.
POSSESSION: Full Possession with Deed. Purchaser acknowledges and understands that any items left on the premises at time of Closing will then go with Property as the Executor and/or Auction Agents shall NOT be required to clean anything up or remove any items left on premises.
Purchaser acknowledges Property is being sold subject to all existing easements, including utility easements, planning and zoning regulations of record.
All announcements made from the Auction stand will take precedence over any prior information or printed matter. In the event of any dispute the auctioneer's decision is final.
McConnell Real Estate, Inc.'s agents and representatives are agents of the sellers/executor. Purchasers agree to hold harmless, the Seller and Auction Agents for any damage to Property while being marketed and before closing date, and while people are inspecting this Property and during the Auction of the real estate.
Property and Improvements are being sold "AS IS", with no warranties expressed or implied other than the title. Regardless of any information given by the Auction Agents, the Purchasers have examined this property and improvements and are relying solely upon such examination with reference to any easements, the condition, character, and size of the Land and All Improvements and all other information.
The responsibility of any grass mowing or upkeep of property grounds and property maintenance is the Purchaser's from today's date on.
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Listing Information |
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ABSOLUTE REAL ESTATE AUCTION | ON-SITE & WEBCAST BIDDING
Sunday, April 3rd, 2022 at 2:00pm
725 Cheryl Lane, Lexington (Fayette Co.), KY 40504
Estate of Bernice Feeback | James Hicks, Administrator
One & Half Story Brick Home offering Two Bedrooms, Full Bathroom and Unfinished Attic Space (429 sf) in Sky-Crest Subdivision Unit 2.
RESIDENCE: Perfect opportunity to own a Home in established Lexington neighborhood. This Brick Home located in Sky-Crest Subdivision Unit 2 could be perfect for your family or as an investment property. House includes Living Room, Dining Room, Kitchen, Two (2) Bedrooms, Full Bathroom off Central Hallway, Unfinished Attic Space, and Oversized One (1) Car Detached Concrete Block Garage.
Property Features: Hardwood Flooring; Freshly Painted Walls, Ceiling & Trim; Gas Furnace; Brick Exterior; Front & Rear Porches; Concrete Block Foundation; Blacktop Driveway; Partially Fenced Back yard;
UTILITIES: Kentucky American Water; Kentucky Utilities Electric; LexServ (City of Lexington) Sewer & Trash Collection
AUCTION PREVIEWS: Sunday, March 20th (1:00 - 3:00pm) & Sunday, March 27th (1:00 - 3:00pm)
This is an LIVE ONSITE AUCTION with Four (4) Ways to Bids.
Option No. 1: Register Online and place Pre-Bids from our Website.
Option No. 2: Between now and 5:00pm on April 1st, 2022... Call our Office at (859) 987-3212 or email us at auctions@soldbymcre.com to place absentee bids. Please leave your Maximum Bids. We will use them fairly and competitively as if you were in person at the LIVE ON-SITE Auction.
Option No. 3: Register and Bid Live in Person On-Site outside at the Property Location.
Option No. 4: Register Online Now; then Follow Along Live Online at 2:00pm Sunday, April 3rd, 2022 and Place Bids Online during the Auction via Webcast from our Website.
There will be a 10% Buyer's Premium added to the Hammer Price to determine Final Sales Contract Price.
1 LIVE ON-SITE AUCTION with WEBCAST BIDDING This is an LIVE ON-SITE AUCTION with Four (4) Ways to Bids. Option No. 1: Register Online and place Pre-Bids from our Website. Option No. 2: Between now and 5:00pm on April 1st, 2022... Call our Office at (859) 987-3212 or email us at auctions@sold... 2 Review All Auction Terms Before Bidding Terms on the Real estate Auction will require payment of 10% of the final sales contract price paid at auction close and the balance of final sales contract price is paid on or before Thursday, May 12, 2022 at closing with transfer of deed. TERMS ... 3 725 Cheryl Lane, Lexington, Kentucky 40504 One & Half Story Brick Home offering Two Bedrooms, Full Bathroom and Unfinished Attic Space (429 sf) in Sky-Crest Subdivision Unit 2. RESIDENCE: Perfect opportunity to own a Home in established Lexington neighborhood. This Brick Home located in Sky-... |
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