The terms of sale are non-negotiable. Registering to bid either live, online or absentee signifies your acceptance of the terms. Your bid is a binding agreement. Do not place a bid unless you intend to honor it. Bid Retraction will result in immediate suspension of all bidding privileges.
INSPECTION: At your leisure.
SOFT CLOSE AUCTION: If a bid is received within the final 1 minute, then time will be extended an additional 1 minute.
REGISTRATION: All bidders must register online and agree to these terms online..
TERMS: 10% of Bid Price due within 48 hours of the auction's end, balance due at closing within 30 days of Seller/Court approval. Subject to Seller/Court approval. Not subject to financing. Subject to any easements, restrictions, applicable limitations, rights of way and planning and zoning regulations. At closing, Seller to pay for deed preparation, prorated taxes, and all auctioneer's fees. At closing, Buyer to pay all other closing costs, including but not limited to recording fees, title policy (should Buyer desire), survey (should Buyer desire), inspections (should Buyer desire), closing agent or attorneys fee, etc. Seller will provide an Bankruptcy Trustee's Deed (or similar as dictated by the Court). Possession given at closing.
FORMS OF PAYMENT FOR 10% OF BID PRICE: Cash, Certified Funds, Wire Transfer, Personal/Company Check. Sorry no credit/debit cards.
SALES CONTRACT: The contract is required to be fully and correctly completed, without any modifications, properly signed and submitted to Heritage within 48 hours of the auction's end. Seller reserves the right to solicit backup contracts.
BUYER'S PREMIUM: None for this auction.
CONDITION: The real estate described herein is being sold on an "AS-IS, WHERE-IS, WITH ALL FAULTS" basis. The term "AS-IS, WHERE-IS, WITH ALL FAULTS" means that the property is purchased as it exists without any representations or warranties whatsoever regarding its physical condition or quality. Buyer further certifies that they have examined the property described hereinabove; that they are thoroughly acquainted with its conditions and accept it as such.
BIDDER/BUYER DEFAULT: High Bidder/Buyer not executing and returning the Sales Contract with 10% of Bid Price within 48 hours of the auction's end will be considered in default. In the event a high Bidder/Buyer fails to submit the signed Sales Contract and 10% of Bid Price, the high Bidder/Buyer shall pay to Heritage, as damages, an amount equal to 10% of Bid Price, as set forth in Terms, and any and all expenses incurred by Heritage, for said auction. Should high Bidder/Buyer's deposit check be returned for any reason whatsoever, this shall constitute an item of default, and in addition to the remedies previously stated herein above, high Bidder/Buyer shall also pay an additional penalty of five percent (5%) of the check amount to Heritage ($50 minimum). High Bidder/Buyer shall also pay a reasonable attorney's fee and costs incurred in the collection of these monies owed by high Bidder/Buyer as a result of high Bidder/Buyer's default. High Bidder/Buyer shall also pay the Seller any damages caused by said breach of contract, including attorney's fees and costs. This shall not preclude the Seller from suing for specific performance of the Sales Contract, in addition to said damages. Any disputes will be tried in a court of jurisdiction in the County where the real property is located. Heritage reserves the right to sell to the next highest qualified Bidder/Buyer in the event the successful high Bidder/Buyer does not comply with the terms of the sale. The Sales Contract is required to be fully and correctly completed, without any modifications and properly signed. A Sales Contract that is incomplete, incorrect, or modified in any respect, is considered to be in default.
ADDITIONAL DOCUMENTS AVAILABLE FOR DOWNLOAD: Real Estate Brokerage Services Disclosure, Real Estate Sales Contracts, County Property Tax Information, Tax Plats, Legal Descriptions, HOA documents, etc.
BROKER REFERRAL: Sub-agency not offered. Buyer's Agent must look to their Client for compensation.
DISCLOSURES/DISCLAIMERS: Bankruptcy Cases 23-32094 and 24-10594. Selling agent only. Heritage Realty & Auction Co Inc, and all of its agents are Exclusive Seller Agents (Single Agents) and are only assisting the Buyer as a Transaction Facilitator. All information contained herein was derived from sources believed to be correct but is not guaranteed. Auctioneer reserves the right to deny service or restrict participation, to modify the date/time/order/details of the auction for any reason, including but not limited to technical issues, emergencies, and convenience of Heritage or the seller. All decisions by Auctioneer are final.
FOR ADDITIONAL INFORMATION: Call Heritage at 205.661.0600 or 800.445.4608, fax 205.661.0800, or email us at info@heritagesales.com.
AUCTIONEEER: David Farmer #793, Heritage Realty & Auction Co Inc #33.

Multiple Land Parcels in Coffee and Elmore Counties Alabama