Contents of Trailer
Contents of Trailer
Located in KY
471 Bethel Rd. Pine Knot, KY
Chancery Court Online Only
The Estate of James Jerrold Owens
138 Lloyd St., Oneida, TN
Tract 1 - Home on 3.52ac at 471 Bethel RD PK in Pine Knot, Ky 42635
Tract 2- 10.26 acres at 493 Bethel RD Pk in Pine Knot, Ky 42635
Tract 3 - 1.84 on Leamond Richmond RD
Open House: Monday, Feb. 13th, 10 to 11:30 A.M. in Tn and from 1 P.M. to 3 P.M in Ky
Auction starts to end, Thursday, Feb. 16th at 6 P.M.
Personal property pick up, Friday, Feb. 17th, 10 to 11:30 A.M. in TN and from 1 P.M. to 4 P.M. in Ky
Ranch style home built in 1919, approx 1473 sq/ft, 4 bedrooms, 1 bathroom, living room, kitchen, dining room, ventless gas heat, window unit ac, covered patio and porch, detached carport, and detached garage on 0.56 AC located at 138 Lloyd St, Oneida, TN 37841
Brick home, 3.52 acres built in 1958 3 bedrooms, bath, carport, 1,176 sq. ft., basement, and several out buildings and personal property at 471 Bethel Road PK location.
10.26 Acres and 1.84 acres in grass with out buildings and former mobil home site with hook ups, fronting on 2 roads, nice pasture land tract, 10.26 acre tract at 493 Bethel Rd Pk, 1.84 acres located at Leamond Richmond Rd.
Also to be sold: 2017 Tandem Trailer 23 ft. - 2012 Ford F-350 (249,329 miles), 1998 Case 1840 Skid Steer- 1972 Massey Ferguson 150 Tractor- Kuhn EL 32-72 Tiller - S1700 International truck - 1739E Massey Fergunson with front end loader L105E with roll over protection, 3 point hitch with only 148 hours - Truck parts - Household furniture
Tn property map 051L Group C parcel 001.00
Deed book 218 page 624
Ky property map 156 - 40- 01 - parcels 001.00, 002.00, 005.04
Deed Book for Home 212 page 041
Deed Book for 6.8 acres 221 page 074
Deed Book for 1.83 acres 221 page 070
Real Estate being sold in accordance with TN court rules of a 10 day raise period
Personal property sold day of sale and paid for within 24 hours or a pick up
Both Real and Personal Property will be sold with a one extend all extend
Sale being conducted with our friends at Ford Brothers Auctions in Somerset, Ky.
J.J. Dower Auctioneer, Tn lic 2298 and Ky Lic 255850.
Auction conducted for Michael Potter, Clerk and Master.
Terms Day of sale: Real Estate 10% Deposit within 24 hours, balance at closing in 30 days or court confirmation. Court rules apply. Real Estate subject to court approval.
Personal Property, credit cards will be charged at auction end.
Personal property pick up Friday, Feb 17th, 10 to 11:30 A.M. in TN and from 1 P.M. to 4 P.M. in Ky
This is a one extend all extend auction.
All information was derived from sources believed to be correct but not guaranteed.
A 10% Buyers Premium added to bid price.
Both homes were built before 1978, There is a 10 day risk assessment period ending on Feb. 15th, call Ayers Auction & Real Estate to do a risk assessment.
ONLINE AUCTION TERMS:
Agency Disclosure: Ayers Auction and Real Estate is acting as agent for the seller, not as buyer's agent.
PROPERTY IS OFFERED UNDER THE SPECIFIC TERMS PROVIDED IN THE PURCHASE CONTRACT. PLEASE READ AND REVIEW THE CONTRACT THOROUGHLY PRIOR TO BIDDING ON ANY PROPERTY. IF YOU HAVE NOT READ AND REVIEWED THE CONTRACT FOR SALE OF REAL ESTATE, DO NOT BID.
AUCTION END TIMES: Ayers Auction & Real Estate Online Auctions are timed events and all bidding will close at specified time. Ayers Auction & Real Estate Online Auctions also have an auto extend feature. Any bid placed in the final 5 minutes of an auction, the auction ending will be automatically extended 5 minutes from the time the bid was placed. Example: if an auction scheduled to close at 6:00 receives a bid at 5:59, the close time will automatically extend 6:04.The auto extend feature remains active until no further bids are received within a 5 minute time frame. ALL PROPERTIES IN THIS SALE EXTEND IF ANY ONE OF THEM IS EXTENDED.
REFRESH YOUR SCREEN CONSTANTLY DURING THE CLOSING MINUTES OF THE BIDDING
SERVER & SOFTWARE TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Ayers Auction & Real Estate reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE nor AYERS AUCTION & REAL ESTATE 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 the email address provided in your registration with updated information as deemed necessary by Ayers Auction & Real Estate.
TERMS: 10% of the final bid price as non refundable earnest money in the form of a certified check, cash or wire transfer within 24 hours of the close of auction, with the balance of purchase price due at closing. Purchaser shall be responsible for all wire transfer fees and any currency exchange fees to US dollars. Closing will be as specified in the Contract for Sale of Real Estate. This online only auction is a CASH SALE not contingent on or subject to financing, appraisal, survey or inspections of any kind, as agreed to by bidders at registration prior to bidding and specified in the attached Contract for Sale of Real Estate.
DEED: Good Insurable Deed at Closing.
BUYER’S PREMIUM: There will be a buyer’s premium of 10% added to the bid price to arrive at final purchase price. Example: Bid Price $100,000 plus $10,000 (10% buyer’s Fee) equals purchase price of $110,000.
AUCTION BIDDER DEFAULT: Successful bidder not executing and returning the contract with earnest money deposit within 24 hours of the conclusion of the auction will be considered in default. In the event a winning bidder fails to submit the signed Contract for Sale of Real Estate and earnest money deposit, the winning bidder will be charged a penalty fee of $3,000.00 on the credit card provided at auction registration. Additional default remedies are reserved by Ayers Auction & Real Estate and the Seller as provided in the Auction Terms and Conditions and the Contract for Sale of Real Estate. Ayers Auction & Real Estate reserves the right to sell to the second-highest bidder in the event the successful high bidder does not comply with the terms of the sale.
Any dispute between Ayers Auction & Real Estate, its Agents or Representatives and the Buyer(s) will be tried in a court of jurisdiction in Scott County, Tennessee. By bidding on the property, buyer agrees to all terms and conditions set forth.
Acceptance of Bid Prices: Successful bidder(s) will be required to enter into a purchase agreement immediately following the close of the auction. Ayers Auction & Real Estate will e-mail documents to be executed and fax or e-mail back to Ayers Auction & Real Estate within 24 hours of the end of the auction. Successful bidders not executing and returning contracts with earnest money deposit within 24 hours will be considered in default. Any and all inspections that a buyer may want must be done at buyer’s expense prior to the close of the online bidding. Ayers Auction & Real Estate, Agents, Representatives or Employees may bid.
Title: As specified in the Contract for Sale of Real Estate
Deed: As specified in the Contract for Sale of Real Estate
Possession: As specified in the Contract for Sale of Real Estate
Real Estate Taxes and Closing Cost: All taxes will be prorated to day of closing using the most current available year’s tax amount. The purchaser will pay all other closing costs associated with the purchaser’s side of the sale, including local and state recording fees and any cost associated with the purchaser’s loan.
Easements: Subject to any and all easements of record.
Zoning: This property is subject to all state and local zoning ordinances.
Disclaimer: All properties are being sold 'as is, where is'. We encourage bidders to do property inspections and rely upon their own conclusions. All information is deemed reliable, but is not guaranteed. All information is believed to be correct to the best of the auctioneer's knowledge.
Bidder Verification: The identity of all bidders will be verified, bidding rights are provisional, and if complete verification is not possible, Ayers Auction & Real Estate will reject the registration, and bidding activity will be terminated. The Seller and Ayers Auction & Real Estate reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. Bidders agree to keep their user-name and password confidential as they are responsible for ANY and ALL activity involving their account. 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.
Agency: Ayers Auction & Real Estate, Agents and Representatives are agents of the Seller. Buyer and or Bidder agrees to hold harmless and indemnify Ayers Auction & Real Estate and its Agents and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc.
NEW DATA, CORRECTIONS, AND CHANGES: Please check for updated information prior to scheduled auction time to inspect any changes, corrections, or additions to the property information. Disclaimer & Absence of Warranties: All information contained in this information packet and all related materials are subject to the terms and conditions outlined in the Contract for Sale of Real Estate agreement. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation either expressed or implied, concerning the property is made by the Seller or Ayers Auction & Real Estate Agents or Representatives. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in the brochure and on the website is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller, Ayers Auction & Real Estate, Agents or Representatives. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. All decisions of Ayers Auction & Real Estate are final.
Any dispute between Ayers Auction & Real Estate, its Agents or Representatives and the Buyer(s) will be tried in a court of jurisdiction in Scott County, Tennessee. By bidding on the property, buyer agrees to all terms and conditions set forth.
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