PRIME COMMERCIAL PROPERTY IN GOODLETTSVILLE!
Live Auction on Saturday January 16th @ 10:30am
502 North Main Street
Goodlettsville, TN 37072
Deposit: 15% Non-Refundable Earnest Money of winning bid
Prime Commercial Property
Water, Sewer and Gas
Extremely High Traffic Count |
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DIRECTIONS: From Nashville, take I-65N to Exit 96 (Long Hollow Pike).
Turn Left on Long Hollow Pike to a Right on N. Main to Auction on Left.
TERMS: 15% Non-Refundable earnest money day of sale. Balance due at closing.
Sale to be closed 30 days or sooner. Possibility of Owner Terms
ANNOUNCEMENTS MADE DAY OF SALE TAKE
PRECEDENCE OVER PREVIOUS ADVERTISING
FOR MORE INFORMATION CALL
OUR OFFICE OR AUCTIONEER
FRANK HEMPHILL AT
615-714-6507
NO BUYERS PREMIUM
531 Rivergate Pkwy. Goodlettsville, TN 37072
Office: 615-859-9522 - Fax: 888-524-2138
www.HempMoAuctions.com
FIRM LICENSE#4506
Auction Announcements
CLICK HERE FOR PRINTABLE ANNOUNCEMENTS
AUCTION ANNOUNCEMENTS
502 N. MAIN STREET, GOODLETTSVILLE, TN 37072
JANUARY 16, 2009
- SELLER WILL FURNISH BUYER WITH A CLEAR DEED AND OWNER’S INSURED TITLE POLICY AT CLOSING.
- BUYER AGREES TO PURCHASE PROPERTY “AS IS, WHERE IS” WITH NO RECOURSE TO AGENT OR SELLER. THERE ARE NO WARRANTIES OR GUARANTEES AS TO QUALITY, CONDITION AGE, ETC. BY EITHER THE SELLERS, AGENTS OR AUCTIONEERS.
- AUCTIONEERS AND BID ASSISTANTS ARE ACTING AS AGENTS OF THE SELLERS. BUYERS WILL BE REQUIRED TO SIGN FORMS THAT THEY RECOGNIZE AND ACCEPT THAT FACT PRIOR TO SIGNING THE SALES CONTRACT
- BUYER TO PAY ½ OF ATTORNEY’S CLOSING COST AND TOTAL COST OF RECORDING OF DEED AND STATE TRANSFER TAX.
- PROPERTY TAXES FOR THE YEAR 2010 WILL BE PRORATED THRU DATE OF DEED.
- SELLER WILL FURNISH BUYER WITH A TERMITE LETTER AT CLOSING.
- PROPERTY SELLING SUBJECT TO ANY EASEMENTS THAT MIGHT EXIST.
THERE ARE NONE THAT WE ARE AWARE OF.
- TERMS:
REAL ESTATE: IMMEDIATELY AFTER THE CLOSE OF THE AUCTION, THE DECLARED FINAL BIDDER WILL BE REQUIRED TO PAY IN U.S. FUNDS, A NON-REFUNDABLE DEPOSIT OF NO LESS THAN FIFTEEN PERCENT (15%), CASH, CASHIER CHECK, MONEY ORDER OR GOOD CHECK AND SIGN AN AUCTION PURCHASE CONTRACT. THE BALANCE WILL BE DUE AT CLOSING ON OR BEFORE NOVEMBER 16, 2009.
- CLOSING TO TAKE PLACE 30 DAYS FROM TODAY’S DATE OR SOONER. BUYER MUST BE IN A FINANCIAL POSITION TO EXECUTE THE PURCHASE CONTRACT 30 DAYS FROM TODAYS DATE OR SOONER.
EARNEST MONEY IS SUBJECT TO FORFEITURE IF PURCHASER DOES NOT CLOSE IN 30 DAYS. POSSESION AT CLOSING – DATE OF DEED.
- CLOSING ATTORNEY FOR THIS TRANSACTION FOR BOTH THE BUYER AND THE SELLER SHALL BE HOMER AYERS, 303 FRANCIS STREET – GOODLETTSVILLE, TN
- THE MINIMUM THE BID TO RAISE PREVIOUS BID SHALL BE NO LESS THAN $500.00
STAFF:
JAY HEAVENER AUCTIONEER
MIKE SUGGS AUCTIONEER
MARIANNE WILBURN OFFICE MGR and AUCTION CLERK
TED WILBURN OPERATING VIDEO AND STILL PHOTOGRAPHY
Regarding the Auction of 502 N. Main Street, Goodlettsville TN 37072, dated:
January 16th, 2010, the buyer:__________________________________________
By his / her signature is acknowledging that he / she fully understands and agrees that Hemphill & Moore Realty & Auction, Auctioneers and Bid Assistants are acting as agents of the seller or sellers.
BUYER: ________________________________________________________________
DATE: ___________________________ TIME: ______________________________
BUYER: ________________________________________________________________
DATE: ___________________________ TIME: ______________________________
(BIDDER PACKAGE)
PRELIMINARY TERMS AND CONDITIONS OF SALE
CLICK HERE FOR A PRINTABLE VERSION
502 N. Main Street, Goodlettsville, TN
Live On-Site Event Saturday, January 16, 2009 – 10:30 AM
Preview at 8:00 AM day of Auction
PRE-AUCTION OFFERS ARE WELCOME
DIRECTIONS:
FROM NASHVILLE TAKE I-65 North to Exit 96 (Long Hollow Pike). Turn Left on Long Hollow Pike to a Right on N. Main Street, to Auction on Left.
REAL PROPERTY:
Commercial Lot located at 502 N. Main Street.
The auction company will furnish as much information about the property as possible. It is the purchaser’s sole responsibility to: 1.) Perform all inspections (legal, environmental, title, economic or otherwise) of the property and improvements thereon and to be satisfied as to their condition prior to bidding; 2.) Review all property information; 3.) Independently verify any information they deem important including information available in public records; and 4.) Inquire of public officials as to the applicability of and compliance with land use, zoning, building and health & safety codes and ordinances, and any other local, state of federal laws and regulations.
PROPERTY DISCLOSURES:
All information contained in the brochure and all promotional materials, including, but not limited to, square footage, acreage, dimensions, map, taxes, etc. was provided by the sellers or was on record with Robertson County and is believed to be correct; however, neither the sellers nor the Auction Company make any guarantee or warranty as to the accuracy or completeness of such information. If exact square footage is important, have you or your agent measure. Purchaser and or purchaser’s agent/broker shall bear the responsibility to confirm all information relevant to the property prior to bidding.
DISCLAIMER:
Personal on-site inspection of the property is recommended and bidders are advised to independently verify all information they deem important. We are selling AS IS, WHERE IS, with NO WARRANTIES EXPRESSED OR IMPLIED whether oral or written with respect to the property, including, without limitation, any warranty as to its value, condition, acreage, square footage, suitability, merchantability, marketability, operability, zoning or subdivision regulations, mineral rights, water rights, environmental condition (including but not limited to lead base paint, radon gas, asbestos, or molds and mildews), or fitness for a particular use or purpose. No guarantees are given as to the availability or utilities or access, or the permitted or allowable uses on the property. This disclaimer is no different than purchasing with any other selling method.
BIDDER REGISTRATION:
Bidders must register to receive a bid number in order to place a bid on the property. You will be able to register the day of sale at the Auction. Present your drivers license to the clerk to receive your bid card. This number must be presented when the buyer is declared the final winning bidder.
TERMS:
Immediately after the close of the auction, the declared final bidder will be required to pay in U.S. funds, a non-refundable deposit of no less than fifteen percent (15%), cash, cashier check, money order or good check and sign an Auction Purchase Contract. The balance will be due at closing on or before February 15th, 2010.
Make all financial arrangements prior to the sale. You may pay cash or get your own financing.
CLOSING COSTS:
Sellers Cost: At closing, the seller shall furnish a clear termite letter, general warranty deed and title insurance; one half of the attorney’s closing fees and any fees to the auctioneer. The property will be free of all liens.
Purchasers Cost: At closing, the purchaser shall pay one half of the attorneys fees in closing costs plus any financing fees, transfer taxes and recording costs. Taxes will be pro-rated at closing.
CLOSING:
Closing is scheduled on or before November 16, 2009 at Homer Ayers, Attorney located at 303 Frances Street, Goodlettsville TN 37072.
BROKERS AGENCY DISCLOSURE:
The Auctioneer is acting exclusively as the agent for the seller in this transaction. Broker and Auctioneer are to be paid a fee by the seller pursuant to separate written agreements. Auctioneer is not acting as agent for the purchaser in this transaction. Any third party real estate agent is not a subagent of the Auction Company, or any of their respective attorney or agents, shall not be liable to the purchaser for any relief, including but not limited to, damages, rescission, reformation, allowance or adjustments, based on failure of the property to conform to any specific standard or expectation, or any third party documents or information, including, but not limited to, the amount of acreage or square footage of the property, the zoning of the property or the environmental condition of the property.
EQUAL OPPORTUNITY CLAUSE:
All bidding is open to the public. The property is available to qualified purchasers without regard to a prospective purchaser’s race, color, religion, sex, familial status, national origin or physical handicap.
DISPUTES / COLLUSION:
All decisions of the auctioneer are final as to the methods of bidding, disputes among bidders, increments of bidding and any other matters that may arise before, during and after the auction. Sellers reserve the right to deny any person admittance to the auction or to expel anyone from the auction who attempts to disrupt the auction.
The Federal Anti-trust laws prohibit collusion among bidders in restraint of interstate commerce. The penalties for violating the Federal Anti-trust laws include criminal fines, imprisonment, injunctions and compensatory damages and attorneys fees. Collusion between bidders to refrain from bidding or limit the prices bid for the property is strictly prohibited.
ADDITIONAL QUESTIONS:
The Auction Division of Hemphill & Moore Realty & Auction goes to great lengths to be honest, straight-forward and as helpful as possible with your interest in the auction process. If you have never attended a real estate auction and have any questions about the bidding process or any other questions, feel free to call Frank Hemphill, the Auctioneer in charge, direct at 615-714-6507. This is a very exciting way to purchase choice properties at your price.
Announcements made day of sale take precedence over all printed and internet material.
BUYER'S AGENT REFERRAL FORM
CLICK HERE FOR PRINTABLE BUYER'S AGENT REFERRAL FORM
This form MUST be completed and received by Hemphill & Moore Realty & Auction at least twenty-four (24) hours prior to the auction and signed by the auctioneer. Forms may be faxed to (615) 859-9698 or email to Marianne@Hempmo.com. You should call to verify receipt of faxes and emails.
TERMS: Hemphill & Moore Realty & Auction / Frank Hemphill – Auctioneer, hereby agree to pay to the registering Real Estate Agent on the following terms and conditions; a Referral Fee will be paid on the Final Bid Price, if the above referenced Client is the successful Bidder and who closes on the terms of the Purchases Contract. The Real Estate Agent understands that to qualify for this referral fee, this registration form must be fully completed and received by Frank Hemphill – Auctioneer, at least twenty-four (24) hours prior to the Auction and that the Real Estate Agent must attend the Auction with the Client. The Client must also fully complete and execute a Bidder Registration Card on the day of the Auction. There can be NO EXCEPTIONS to these terms and conditions, and NO Oral Registrations will be accepted. The referred to Real Estate Agent must be active, fully licensed and in satisfactory standing with TREC, A co-op agent working for the seller cannot participate in this 3rd party referral program. The bidder client has signed a separate disclosure of agency relationship with the Real Estate Agent listed on this registration.
CONDUCT OF THE AUCTION: Each property is being sold on an AS-IS, WHERE-IS basis. It is encouraged that your Client completes an inspection of the property by your Client’s expert prior to the commencement of the Auction sale. Conduct of the Auction and increments of the bidding are at the direction and discretion of the Auctioneer. The Seller and the Auctioneer reserve the right to refuse admittance to or to expel anyone from the auction for any reason, including, but not limited to, interference with auction activities, creating a nuisance, canvassing, or soliciting. Announcements made day of sale take precedence over all other advertising.
