2 Single Family Homes - Highland Ct. Danville KY
Online Bidding Open NOW!
$50,000 minimum bid each
2 Great Single Family Residence Properties in Danville Kentucky
Property 1
116 Highland Ct. Danville KY. This is a 3 Bedroom/1 Bath single family home located in town. Home is 952 square foot according to PVA. This unit is currently rented with a long term tenant.
Property 2
118 Highland Ct. Danville KY. This single family home also features 3 Bedrooms/1 Bath and is also 952 square foot according to PVA. This unit is currently rented with a long term tenant.
The current monthly income for these two properties is $1300.00 collectively. The Rent on these properties could easily be raised to $1500 per month collectively.
Each Property shall be sold individually or in any combination.
The minimum acceptable bid for each property is $50,000.
Baker Auctions & Real Estate – Auction Terms & Conditions
Willie Baker – Principal Auctioneer/Broker
Auction Property
2 properties. 116 Highland Ct. and 118 Highland Ct. All properties are located in Danville, KY 40422
Auction Date/Time/Location
Saturday April 10, 2021 – 12:37 p.m. – Live Onsite – Online Simulcast Bidding available. Online Pre-Bidding Available
Registration
Registration will begin at Noon.
Auction Sale Type
Each Property shall be sold Separately or in any combination.
Buyer’s Premium
A 10% Buyer’s Premium will be added to the high bid and included in the total contract purchase price. Example: High bid of $100,000.00 plus 10% Buyer’s Premium = $110,000.00 contract purchase price.
Absentee/Phone Bidding
Absentee or Phone Bidding arrangements can be made prior to Auction Day by contacting the Auctioneer, Willie Baker, at 859-319-1520.
Terms of Sale
The successful bidder(s) shall be required to enter into a non-contingent auction agreement and deposit 10% of the contract purchase price in the form of Cash, Certified Funds, or approved personal check immediately following the auction. The balance of the purchase price shall be paid on or before May 25, 2021.
Possession
Possession shall be granted with deed transfer, subject to any existing liens, tenants, or occupants if applicable.
Real Estate Property Taxes
2021 Real Estate Taxes shall be pro-rated.
Insurance
The successful purchaser of the subject property is hereby notified that they may wish to insure their interest in the property to the day of deed transfer, if applicable.
Closing & Title
The Buyer is responsible for hiring their own Attorney to perform title work, prepare closing documents, and execute the closing. Buyer is responsible for their own Attorney’s fees. Auctioneer must be notified of closing attorney’s contact information in order to coordinate the closing.
Property Inspection
Open Auction Preview will be on March 28, 2021 or by appointment only.
Special Notice
This property is being offered “AS – IS, WHERE IS”, and with all faults, with no Warranties expressed or implied of any kind. Property shall be conveyed with an insurable title by “General Warranty” deed with no liens or encumbrances, other than existing covenants, restrictions and easements of record. Bidders should carefully verify all information and make their own decisions as to accuracy thereof before bidding. The successful bidder today will be required to waive their right to a Lead Based Paint inspection, if applicable.
Special Condition: Minimum Acceptable Bid for each property is $50,000.
Bidder’s Acknowledgement
By signing below, You, as a successful bidder agree to the terms and condition stated herein. This document is part of the non-contingent contract sale to purchase the property. This is a public offering open to all!
Signature: Date:
Bidder’s Name/Phone Number:
Address:
Announcements made day of sale take precedence over any previous advertisements!
Close on or before 45 days post auction