Bank Ordered Absolute Auction

Sold at Auction Thursday, August 22, 2:00 P.M.
 
 


John Dixon & Associates has been commissioned to sell 6 bank owned properties in Alabama, Georgia, South Carolina and Tennessee.

 
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BANK ORDERED ABSOLUTE AUCTION
THURSDAY, AUGUST 22, 2:00 P.M.
SALE SITE:  JOHN DIXON & ASSOCIATES OFFICE
200 COBB PARKWAY NORTH, SUITE 120
MARIETTA, GA  30062
 
 

PROPERTY 6101

7158 Cottage Hill Road, Mobile, AL 36695

PHOTOGRAPH

County:

Mobile

190822_6101
 

 

           ABSOLUTE          REMOVED FROM AUCTION

Property Type:

Commercial Building (Former Bank Branch)

Acreage:

3.11

Square Feet:

4,356

Year Built:

2004

Tax ID:

1103692

Open House/

Inspection Date:

Call for information

Listing Agent:

n/a

Listing Agent Company:

n/a

DOWNLOADS

 

PHOTOS

PROPERTY INFORMATION

 
 

Listing Agent Number:

n/a

Listing Agent Email:

n/a

PROPERTY 6102

W Church Street (Hwy 53 W), Jasper, GA 30143

PHOTOGRAPH

County:

Pickens

190822_6102
 

 

ABSOLUTE

Property Type:

Commercial Land

Acreage:

2.08

Square Feet:

N/A

Year Built:

N/A

Tax ID:

041 015 001

Open House/

Inspection Date:

Call for information

Listing Agent:

n/a

Listing Agent Company:

n/a

DOWNLOADS

 

PROPERTY INFORMATION

TITLE COMMITMENT
 
 

Listing Agent Number:

n/a

Listing Agent Email:

n/a

PROPERTY 6103

315 E. 12th Street, Anniston, AL 36201

PHOTOGRAPH

County:

Calhoun

190822_6103
 

 

ABSOLUTE

Property Type:

Commercial Land

Acreage:

0.61

Square Feet:

N/A

Year Built:

N/A

Tax ID:

2103053005044000

Open House/

Inspection Date:

Call for information

Listing Agent:

n/a

Listing Agent Company:

n/a

DOWNLOADS

 

PROPERTY INFORMATION

TAX INFORMATION
 
 

Listing Agent Number:

n/a

Listing Agent Email:

n/a

PROPERTY 6104

407 E Gold Street, McCormick, SC 35244

PHOTOGRAPH

County:

McCormick

190822_6104
 

 

ABSOLUTE

Property Type:

Commercial Building (Former Bank Branch)

Acreage:

0.25

Square Feet:

1,800

Year Built:

1980

Tax ID:

126-05-03-019

Open House/

Inspection Date:

Call for information

Listing Agent:

n/a

Listing Agent Company:

n/a

DOWNLOADS

 

PHOTOS

PROPERTY INFORMATION

TAX INFORMATION
TITLE COMMITMENT

Listing Agent Number:

n/a

Listing Agent Email:

n/a

PROPERTY 6105

3303 Cummings Highway, Chattanooga, TN 37419

PHOTOGRAPH

County:

Hamilton

190822_6105
 

 

ABSOLUTE

Property Type:

Commercial Building (Former Bank Branch)

Acreage:

0.94

Square Feet:

2,400

Year Built:

1976

Tax ID:

154G J 012

Open House/

Inspection Date:

Call for information

Listing Agent:

n/a

Listing Agent Company:

n/a

DOWNLOADS

 

PHOTOS

PROPERTY INFORMATION

TITLE COMMITMENT

 

Listing Agent Number:

n/a

Listing Agent Email:

n/a

PROPERTY 6106

4421 North Henry Boulevard, Stockbridge, GA 30281

PHOTOGRAPH

County:

Henry

190822_6106
 

 

ABSOLUTE

Property Type:

Commercial Building (Former Bank Branch)

Acreage:

1.1

Square Feet:

4,594

Year Built:

2005

Tax ID:

S33-01009000

Open House/

Inspection Date:

Call for information

Listing Agent:

n/a

Listing Agent Company:

n/a

DOWNLOADS

 

PHOTOS

PROPERTY INFORMATION

 
 

Listing Agent Number:

n/a

Listing Agent Email:

n/a


AUCTION TERMS & CONDITIONS

AUCTION LOCATION & TIME:  Thursday, August 22 at 2:00 p.m. at John Dixon & Associates, 200 Cobb Parkway North, Suite 120, Marietta, GA 30062.

INSPECTION: Contact auctioneer for details 770.425.1141 or visit johndixon.com.

TERMS FOR LIVE BIDDING:  Pay 10% (of the purchase price) earnest money down at the time of signing the Contract of Sale. Balance will be paid in full at closing to be held on or before Wednesday, September 11, 2019. A copy of the sale contract may be reviewed prior to the auction by contacting the auctioneer.

TERMS FOR ONLINE BIDDING:  The online registration will need to be completed, including credit card information which will be verified and approved, and the credit card will be charged $1.00 for this process. If you are the successful bidder and do not deliver the earnest money as outlined in the terms for live bidding which must be by wire transfer within 24 hours, a charge of $5,000 will be placed on the account. The card is for verification purposes to ensure we have serious bidders. Balance will be paid in full at closing to be held on or before Wednesday, September 11, 2019. The successful online bidder will be notified immediately following the closing of the auction and emailed the purchase contract. The executed contract shall be submitted per the instructions received with the contract. For questions regarding online registration, contact Stephanie Dixon at 800.479.1763 or stephanie@johndixon.com.

BUYER’S PREMIUM: A 10% buyer’s premium will be added to the high bid. Example: For each $10,000, a 10% buyer’s premium of $1,000 will be added to arrive at the total purchase price of $11,000.

AUCTIONEER’S AUTHORITY: The auctioneer shall make the sole and final decision as to the winning high bid amount. Acceptance by the online bidding platform does not necessarily constitute an accepted bid by the auctioneer.

AGENCY: John Dixon & Associates, auctioneer/broker, is acting exclusively as agent for the seller.

CLOSING ATTORNEY:   Closings will be handled by Chicago Title.  Seller shall pay for the preparation of the Special Warranty Deed.  Seller shall provide and pay for all other documents necessary to perform Seller’s obligations under the Contract, it’s attorney’s fees and for the Grantor’s Tax.  Buyer shall pay for recording the Deed and for preparation and recording of all instruments required to secure the balance of the Purchase price unpaid at closing; all recordation and transfer taxes, other than the Grantor’s Tax, it’s attorney’s fees, all costs of the title examination title report, title commitment and one or more title insurance policies, all other closing costs, including without limitation, fees to the Settlement Agent.  For questions regarding closings or contracts, contact Danielle Foreman, Closing Coordinator at 800.479.1763 or closing@johndixon.com.

BROKER PARTICIPATION: A 2% commission of the high bid, before adding buyer’s premium, will be paid to any qualified licensed real estate broker in the state where the property is located whose prospect is the successful bidder at the auction and closes on the property. To qualify for a commission, the broker must first register the prospect by email or fax the prospect’s name and address on John Dixon & Associates’ broker registration form. The registration must include the signature of the prospective purchaser, the signature of the broker and the broker’s real estate license number. The registration must be received at 200 Cobb Parkway North, Suite 120, Marietta, GA 30062-3585, Attention: Danielle Foreman at closing@johndixon.com, no later than 4:00 p.m. eastern time on the business day preceding the auction. Broker registration may be faxed to 770.425.4413 UNDER NO CIRCUMSTANCES WILL BROKER REGISTRATION BE ALLOWED ON THE DAY OF THE AUCTION. In addition, to qualify for a commission, the broker must attend the auction with the prospect. Commissions will be paid only if property closes. A commission on a property will be paid only to the first broker registering a prospect.

SPECIAL NOTE: Property is selling “as-is, where-is” with all faults and is selling subject to easements, leases, restrictions, covenants, conditions, zoning HOA and POA fees and all other matters which would be revealed by a current survey or an inspection of the property or which is contained in public records. Seller reserves the right to add or delete property, reject any bid unless selling absolute and/or cancel the sale. Contact auctioneer for deed type on individual properties. Information contained herein was obtained from sources deemed reliable.  The seller and their agents reserve the right to place bids on the property up to the seller’s reserve unless selling absolute at their sole discretion. The property will sell “as-is, where-is” with no warranty, expressed or implied, as to improvements, soil condition, environmental and wetlands, or zoning. No personal property conveyed with real estate unless denoted in contract. Neither the seller, John Dixon & Associates nor their agents will be responsible for any errors or omissions herein. Bidders should carefully verify all information and make their own decisions as to the accuracy thereof before submitting their bid. Purchaser or purchaser’s representative will acknowledge by signature of the Contract of Sale they have inspected the property. The terms of the Contract of Sale are controlling in the event of any perceived inconsistency between its terms and any statements in this brochure or other advertisement. Announcements made at the auction will take precedence over written matters.  

 
AL: 1481, GAL:2034, SC: 002815R, TN: 3945
 
 
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