Name Industrial Building in Carthage
Auctioneer Head Auctions
Type Online-Only Auction
Date(s) 3/18/2016 - 3/28/2016
internet only bidding
Preview Date/Time preview by appointment only
Checkout Date/Time real estate auction
Location 1980 East Franklin St.
Carthage, MS 39051
Buyer Premium 10%
Description
Multiple buildings on 11.8 acres. Enough room for storage and manufacturing. Equipment and building will be sold together. This auction is ONLINE ONLY! This property is auctioning with a reserve. Property can be sold individually if high bidder wishes.
HEAD AUCTIONS & REALTY REAL ESTATE TERMS: The successful bidder will be required to make a 10% non-refundable deposit the day of the auction. The sale IS NOT subject to the buyer’s ability to obtain financing nor any other contingency, feasibility period, or the results of inspections or appraisals. Should the buyer default and fail to close as specified, the buyer will forfeit their deposit, which will immediately be released to the Auction Co. / Broker. A 10% buyer’s premium is in effect and will be added to final bid accepted, subject to Sellers Confirmation, which will establish the final contract or sales price. Closing will be within 30 days of the auction date. If Seller fails to close or deliver clear title, the Auction Co. / Broker will not be responsible. If for any reason the sale cannot be consummated because of the seller, the down payment will be refunded. Closing costs will be paid for by the buyer. The property is offered “AS IS – WHERE IS” with no contingences, repairs, clean up or improvements. Prospective buyers should inspect the property prior to sale day. Information provided by auction co. is believed to be accurate; however, auction co. does not guarantee accuracy of the information provided. Successful bidder will be required to sign a contract upon conclusion of the bidding. Bidder understands and agrees that William Head and Head Auctions & Realty represents the Sellers and will not be considered an agent for the Bidder.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 10%
Payment Terms
On conclusion of the auction the high bidder will be contacted by the auction company to arrange a contract signing and deposit check collection.
This is a Real Estate auction so the property will be staying where it is located.