Online Land Auction • 13.78 Acres+/- in East Limestone in 2 Tracts
Begins closing Thursday, April 9th at 6:30 p.m.
13.78 Acres+/- offered in 2 tracts with online bidding • "East Limestone" area of Athens, Alabama
Property is located on East Limestone Road with additional access from Eagle Point Drive,
and is only minutes from East Limestone Schools
ONLINE Auction Terms - Real Estate: A 10% non-refundable earnest money escrow deposit is due to Phillips Brothers Auctions at signing of purchase contract on Friday, April 10th by 4:00 p.m., with the balance due on or within 30 days at closing. A 3% Online Buyer's Premium will be added to the high bid to create total contract price. At closing, Seller will pay for deed(s) and a preliminary title search that has already been performed. Title insurance is available at the expense of the purchaser. Property taxes will be prorated to the date of closing. Seller providing an already completed current survey. All other closing costs are to be paid by the purchaser. Property sold by deed description and existing boundaries as described in legal description(s) of current survey. All property sold AS-IS with no contingencies. Any inspections to the property may be done prior to auction ending at purchaser's expense. Auction is for the deed to the property as it is legally described, assessed, and recorded in Limestone County, Alabama, less any existing road right-of-ways or easements. Property sold subject to power and transmission line easements on north property line and utility easements along south property line. Title to property will transfer by deed description as described. Any measurements or dimensions described or advertised are to be considered to be to the best of our knowledge but should be confirmed by purchaser. It is the buyer's responsibility to inspect prior to bidding to determine if property, dimensions, condition, permissible use, and layout are suitable. Property sold subject to seller confirmation. Seller reserves the right to accept or reject any and all bids. All seller confirmed sales are final with no contingencies. Phillips Brothers Auctions is agent for seller in this transaction and will assist the purchaser as a transaction facilitator in closing on the property.
Online Real Estate Bids: A 3% online buyer’s premium will be added to winning bid price to create total purchase price. Auction is set to close at the advertised date and time. Any bid placed within the last two minutes of any tract's ending time will extend the remaining bidding time back to two minutes remaining on all tracts, and the clock will begin to countdown again. Any bid on any tract extends the bidding time on ALL TRACTS back up to two minutes. This will continue until two minutes have passed with no bids being placed on any tract and the time remaining has expired.
