LIVE AUCTION
8 ACRES± OF PRIME COMMERCIAL REAL ESTATE
"Athens-East Subdivision"
Cambridge Lane · Athens, AL (Limestone County) - AUCTION SITE
RESIDENTIAL SUBDIVISION LOT
"Country Village Subdivision"
Village Lane · Athens, AL (Limestone County)
LIVE ON SITE: Tuesday, June 21st ·12 Noon
♦♦ LOCATION ... LOCATION ... LOCATION ♦♦
This auction has been ordered by the Limestone County Circuit Court on behalf of The Estate Of Alfred P. Tunstill; Case #CV-2019-900333.00.
8 ACRES± ON CAMBRIDGE LANE JUST OFF HEAVILY TRAVELED HIGHWAY 72
This real estate is conveniently located just off commercialized Highway 72/Lee Highway which has an exceptionally large volume of traffic. This property offers numerous opportunities for commercial development in a growing city. Established commercial businesses near us include (listing just a few): Jimmy Smith Buick-GMC, McCurry Van & Car Rentals, Tennessee Valley Van Rentals, Fastlane Motor Sales & just down the street from Isom's Orchard.
RESIDENTIAL LOT LOCATED ON VILLAGE LANE - Selling from Cambridge Lane
Lot 9 is a wooded residential lot located in a cul-de-sac of Country Village Subdivision. This property is also convenient to Highway 72.
To schedule a private viewing of this property, please call Daniel Culps at (256) 603-1249 or Ken Garner at (256) 651-6117.
All announcements made auction day take precedence over all printed and web material.
AUCTION NOTES
· This is a LIVE auction that has been ordered by Limestone County Circuit Court; Case #CV-2019-900333.00.
· A 10% Buyer's Premium will be added to the highest bid to arrive at the total bid price.
· A 20% deposit (escrow money) of the total purchase price of the real property will be due auction day with the balance being due within thirty (30) days or (5) days following court approval, whichever is the latter.
· Real Property will be conveyed by Deed Description.
· 2022 Taxes will be pro rated.
· No Broker Participation will be available for this auction.
· For more information, please contact Daniel Culps at (256) 603-1249 or (256) 420-4454 or Ken Garner at (256) 651-6117.
NOTE: It is very IMPORTANT that every Bidder read & understand the terms & conditions BEFORE bidding (either ONLINE or LIVE). Each Bidder is solely responsible for inspecting this property BEFORE bidding. Property is sold AS IS, WHERE IS.
We strongly encourage all bidders to inspect/ask questions regarding this potential purchase.
This auction will be conducted by Fowler Auction & Real Estate Service, Inc. and Garner Auctions, Inc.
Mickey Fowler, CAI, CES, AMM, AARE; ALSL466, TNSL1442, TNFIRM2315, MSSL718F, GASL1394
Daniel Culps, CAI; ALSL5070, TNSL5890
8719 Highway 53 · Toney, Alabama 35773
(256) 420-4454
www.fowlerauction.com
Ken Garner, ALSL1002
Garner Auctions, Inc.
10334 Paradise Shores Drive
Athens, Alabama 35611
(256) 233-5699
www.garnerauctionsinc.com
Auction results are subject to Limestone County Circuit Court Approval; Case #CV-2019-900333.00.
Real Estate: A 10% Buyer's Premium will be added to the highest bid price to arrive at the total bid price. A non-refundable deposit of 20% (escrow money) of the total purchase price is required auction day. The remaining balance will be due at closing, which will occur within thirty days (30) of auction date or five (5) days following court approval, whichever is later. All closing and settlement fees, including but not limited to surveys, inspections, reports, title insurance, any/all ad valor em taxes due are the Buyer's responsibility.
If for any reason the Buyer fails to make full payment in accordance with the terms above, the Buyer will be liable for the unpaid balance still due and owing, plus interest in the amount of twelve percent (12%) per annum from the auction date and reasonable attorney fees and expenses for collection as a result of said default.
Real properties will be conveyed by deed descriptions.
No Broker Participation will be available for this auction.
SERVER, SOFTWARE TECHNICAL OR INTERNET ISSUES: In the event there are technical difficulties related to the server, software, or any other online auction-related technologies, reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE NOR FOWLER AUCTION & REAL ESTATE SERVICE, INC. SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by Fowler Auction & Real Estate Service, Inc.
Disclaimers & Absence of Warranties:
* Facility may contain lead-based paint. Prospective Buyers may inspect up to ten (10) days prior to auction day at the sole expense of the Prospective Bidder.
* Information contained herein believed to be accurate but not guaranteed by either Fowler Auction & Real Estate Service, Inc. or Garner Auctions, Inc.
* In all transactions, the Auctioneers are acting as agents for the Seller only.
* All decisions of the Auctioneers are final.
* Announcements made auction day take precedence over ALL printed material
Fowler Auction & Real Estate Service, Inc. & Garner Auctions, Inc. reserve the right to reject any and all bids for any reason prior to the close of bidding.
Fowler Auction & Real Estate Service, Inc. & Garner Auctions, Inc. reserve the right to cancel this auction, or remove any item or lot from this auction prior to the close of bidding.
Bidder Verification: The identity of all bidders will be verified, bidding rights are provisional, and if complete verification is not possible, Fowler Auction & Real Estate Service, Inc. & Garner Auctions, Inc. will reject the registration, and bidding activity will be terminated. The Seller, Fowler Auction & Real Estate Service, Inc. & Garner Auctions, Inc. reserve the right to preclude any person from bidding if there is any question as to the person's credentials, mental fitness, etc.
Bidder responsibilities include, but are not limited to: Bidders agree to keep his/her username and password confidential as each individual is responsible for ANY and ALL activity involving his/her account. If your USER NAME is offensive to Fowler Auction & Real Estate Service, Inc., then we reserve the right to terminate your bidding.
When using the web site you must obey any and all local state and federal laws. Violations will result in termination of web site use privileges. Auction company employees and/or auction company may bid on this auction. We gather aggregate information from this web site which may include but is not limited to: number of page visitors, most visited pages, any and all correspondence.
DEFAULT: If purchases are not settled by the specified closing/pick up day, it will be considered in default. Upon default the bidder will be black listed/blocked from bidding on Fowler Auction & Real Estate Service, Inc.'s auctions, as well as MarkNet Alliance auctions and may be charged 10% of bid price or $500, whichever is greater. All defaulted items may be offered to the next highest qualified bidder at the discretion of Fowler Auction & Real Estate Service, Inc.
Any dispute between Fowler Auction & Real Estate Service, Inc., its Agents or Representatives, and the Buyer(s) will be tried in a court of jurisdiction in Madison County, Alabama (or county designated by Fowler Auction). By bidding on the property, buyer agrees to all terms and conditions set forth.
Buyer and or Bidder agrees to hold harmless and indemnify Fowler Auction & Real Estate Service, Inc. and its Agents and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc.
Conducted By Fowler Auction & Real Estate Service, Inc. in conjunction with Garner Auctions, Inc.