Auction Details

Auction Dates

Oct 16 , 2017

Description

Real Estate AUCTION
MONDAY OCTOBER 16
11:00 a.m.
1010 Cavanaugh Road, Fort Smith, AR

Directions: From the intersection of Cavanaugh Rd/Texas Rd turn West on Cavanaugh Rd.
Nice 3 bedroon/1 bath home w/vinyl siding, newer roof, central heat/air & 1-car detached garage. Will make an excellent investment property and it is sitting on a large lot in a great location.
Property is zoned R-3-MF

. 10% Buyer’s Premium. Please click on 'terms' tab for complete list of  terms.

Must See!
Note: This is a cute home in a nice location with a large yard and is zoned R-3-MF.

All Announcements Day of Sale Supersede This Ad

Terms & Conditions

Looper Auction & Realty
4525 Palestine Road, Huntington AR 72940
(479) 996-4848
Terms

Registration finalizes – Each bidder agrees to terms and conditions of sale. Do not bid unless you agree to be bound by these terms. Property to be sold as is where is with faults, without express or implied warranties of any kind. Buyer is to perform all inspections prior to auction with professionals of their choosing. Looper Auction & Realty II, LLC represents the sellers only and does not inspect properties on behalf of buyers and assumes no responsibility for the correctness of any descriptions.
Buyer must make a 10% non-refundable deposit at the conclusion of bidding. Buyer must also execute the sales contract and property disclosure (if available) which will be posted prior to the auction. Balance of purchase price along with all closing costs will be due in approx. 30 days. Buyer to pay all closing costs including 10% buyer’s premium, title insurance, revenue stamps, closing fees, survey (if needed), filing costs, and any other fees. Seller will cure any title problems if necessary. Taxes will be pro-rated to day of closing. Auctions are conducted subject to Court, Bank, or Seller approval. Possession will be upon closing with filing of deed. 10% deposit will be refunded if seller defaults. Property is sold with no contingencies, buyer should conduct all inspections required by lender prior to auction. If a lender is being used, buyer should be pre-qualified.
Purchase price is amount of highest bid plus 10% buyer’s premium to make a total purchase price. Buyer to make a 10% non-refundable deposit of the total purchase price.
***Example – High bid is $500,000
$500,000 plus $50,000 = $550,000
10% non-refundable deposit = $55,000
All information given orally or in writing was derived from sources believed to be correct, but is not guaranteed. All real estate dimensions are only approximations. Buyers shall rely entirely on their own information, judgement and inspection of the property and records

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Looper Auction & Realty
Jimmy Looper
AR License #35
4430 Nickletown Road
Greenwood, AR 72936
(479) 996-4401

Looper Auction & Realty
Shawn Looper
AR License #36
4525 Palestine Road
Huntington, AR 72940
(479) 996-4848