TERMS & CONDITIONS
PUBLIC VIEWING: February 11th & 15th, from 2:00 PM to 6:00 PM EST
Pick up of personal property will be held on Sunday Feb. 23rd from 1pm-5pm **Local pick up only on personal property**NO SHIPPING AVAILABLE**
PLEASE READ AND REVIEW THE TERMS THOROUGHLY PRIOR TO BIDDING.
IF YOU HAVE NOT READ AND UNDERSTAND THESE TERMS, PLEASE DO NOT BID. BY BIDDING ON THIS AUCTION, BUYER AGREES TO ALL TERMS AND CONDITIONS SET FORTH AND ENTERS INTO A CONTRACTUAL AGREEMENT TO PURCHASE THE ITEM(S) UNDER THE FOLLOWING TERMS AND CONDITIONS:
REAL ESTATE:
Conditions of Sale:
This is an online auction and 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 Agreement to Purchase Real Estate. Buyer acknowledges they are buying property “as-is,” “where-is,” without inspections or contingencies.
Closing Info:
A Buyer’s Premium of 10% is added to the high bid to determine the total sales price. Please take this into consideration when bidding. At the close of the auction, the successful Bidder will be emailed an Agreement to Purchase Contract to be executed and returned to Lawson Co. Auctioneers, LLC within twenty-four (24) hours of the completion of the auction along with a $10,000 non-refundable deposit. If the deposit is not received within 48 hours of the auction ending, Lawson Co. Auctioneers will charge the credit card on file plus a credit card fee. The entirety of the remaining balance is due at closing on or before forty (40) days from Auction Day (April 1st, 2025). Possession shall be given to the successful Buyer(s) at closing.
Purchaser will be responsible for all wire transfers. Per the Contract, time is of the essence; you should proceed to closing within forty (45) days. Buyer and seller shall pay their respective closing costs as is customary in Kentucky. Possession shall be given to the successful Buyer(s) at closing.
Liquidated Damages:
Successful Bidders not executing and returning their Contract with Earnest Money deposit within forty-eight (48) hours of the conclusion of the auction will be considered in default. If your closing is delayed for any reason, by you as purchaser or other parties working on your behalf, including any lender you involve, you may be declared in breach of this contract, forfeit all deposits made, and could additionally be liable for any and all costs incurred by Seller and Lawson Co. Auctioneers, LLC in a subsequent resale of the property.
Bidder Verification:
Bidding rights are provisional, and if identity verification is questionable, Lawson Co. Auctioneers, has the right to reject the registration, and bidding activity will be terminated. The Seller and Lawson Co. Auctioneers reserve the right to preclude any person from bidding if there is any question as to the person’s credential 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.
Technical Issues:
In the event there are technical difficulties related to the server, software, internet or any other online auction-related technologies, Lawson Co. Auctioneers, LLC reserves the right to extend bidding, continue the bidding or close the bidding. Neither the company providing the software, nor Lawson Co. Auctioneers, LLC, shall be held responsible for the failure of the software to function properly for any reason.
Auctioneers right to bid:
The Auctioneer, Agent, Broker, and auction staff shall have the option to bid and buy at this auction.
Additional Conditions:
Buyer(s) must be prepared to make a cash offer.
There are no contingencies to this sale (i.e., financing, appraisal, repairs, or inspections).
This property is being sold for cash “as-is, where-is” with a closing deadline.
All personal property sold is subject to a 10% buyers premium, 6% Ky sales tax & Credit card fee if paid by credit card.
Auction Timing:
Bidding Starts: Thursday February 6th at 10:00 AM EST
Auction Ends: Thursday February 20, 2024 6:00PM EST
All Lawson Co. Auctioneers Online Only Real Estate Auctions are timed events that have an auto-extend feature. Any bid placed within 5 minutes of the auction ending will automatically extend the auction for 3-5 minutes from the time the bid is placed.
Lawson Co. Auctioneers, LLC., reserves the right to alter this agreement at any time. This will take place by updating this site. Please check back and review these terms as every time you use this site you are agreeing to the terms as they are written at that time.
YOUR BID ON THIS AUCTION INDICATES BOTH AN UNDERSTANDING AND AN ACCEPTANCE OF THE TERMS OF THIS CONTRACTUAL AGREEMENT BETWEEN YOURSELF AND BOTH THE SELLER AND LAWSON CO. AUCTIONEERS. THANK YOU FOR PARTICIPATING IN OUR AUCTION!
For complete details, visit www.BidEtowntown.com.
Call Luke Graham Auctioneers Apprentice 270-765-9898 for any questions Email:
[email protected]
Auction: Charming All-Brick Ranch 3 bedroom 2 bath Home in Radcliff, KY!