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Welcome to AuctionByPearce.com

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Open House Information- Wednesday March 8; Saturday March 11 and Tuesday March 14 from 10am to 1pm Central Time

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Terms and Conditions!- REAL ESTATE AUCTION These announcements supersede any prior oral or printed statements and will be attached to and become a part of the contract. Winning bidder must sign a non contingent contract and pay earnest money within 24 hours of auctions end. The property will be sold by legal description and transferred by warranty deed. A 10% buyers premium will be added to the winning bid to determine the final sales price. Example: $100,000 bid, plus $10,000 (10% buyers premium) equals $110,000 gross sales price. The terms are 10% down payment with the balance due within 45 days.   Purchaser to receive possession of the property upon delivery of deed at closing. Purchaser to pay closing cost and title insurance. Seller guarantees title to be free and clear. Ad Valorem taxes will be prorated at closing. PROPERTY SOLD SUBJECT TO THE FOLLOWING: All outstanding easements of any kind on said property, including but not limited to, roads, right of ways, utilities, water lines, and the like; any mineral, oil and past conveyances, leases or reservations; to any cemeteries that might exist on the property, outstanding leases recorded or unrecorded; zoning ordinances affecting the property; restrictions of record; wet lands; all rules and regulations of any appropriated authority having jurisdiction over the property, and any recorded encroachments of record. BUYERS NOTE: Prior to the auction all prospective purchases should examine the property and all surrounding documents carefully as each bidder is responsible for evaluating the property and shall not rely on the sellers nor the auctioneers. Sellers and Auctioneers are assuming that the bidders have inspected the property and are satisfied and accept it “As Is” without warranties expressed or implied. Personal on-site inspection of the property is recommended. Failure of any bidder to inspect or to be fully informed as to the condition of all or any portion of the property offered, will not constitute any grounds for any claim or demand for adjustment or withdrawal of a bid, offer or earnest money after its opening or tender. All information was obtained from sources deemed reliable. Although every precaution has been taken to insure accuracy, the sellers and all of their agents will not be responsible for any errors or omissions herein. Default by the Seller: If the Sellers are unable to make conveyance and to give title as herein agreed, the earnest money shall be refunded to the buyer and all obligations of either party shall wholly cease. Default by the Buyer: Should the Buyer default in the performance of his/her contract in the time and the manner specified, then the earnest money shall be retained as partial liquidated damages and the seller may sue for specific performance. AGENCY DISCLOSURE: Larry “Chip” Pearce Jr. has not been an agent for the Buyer in this transaction. Larry “Chip” Pearce Jr. has been an agent for the Seller in this transaction and is to be paid a commission by the Seller. The Auctioneer reserves the right to reject bids from anyone who does not comply with the terms and conditions of this auction. Bidding: Bidding info- When you bid your max the current bid price doesn't automatically go to your max bid. Someone else has to bid to increase the current price and the computer will automatically bid up to your max in the increments specified. This auction has what is called an auto extend feature, meaning the auction will not close until all bidding parties are satisfied. If any bids are placed within the last 10 minutes of the auction, the bid on lot(s) will extend for 5 minutes. The bidding will extend in 5 minute increments from the time the last bid is placed until there are no more bids, and the lot sits idle for 5 minutes.

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Sale / Project Manager- Hello - and THANK YOU for viewing this sale.   I'm, Damon Folmar,  AL #5610 - Sale Manager for Real Estate and Personal Property If you need help with setting up a bidder account or have questions about this auction, please call our offices at 1-888-783-4056 and one of our staff will be able to assist you. I work throughout the state of Alabama and beyond working with Sellers with business liquidations, government assets, Bankruptcy projects, Real Estate, farms and farm equipment, fleet sales, and estates.  With over 30 years of experience in business and agriculture I can work to market your assets successfully to a broad range of buyers throughout the country in a unique online bidding platform.  I am a licensed Real Estate Agent and Professional Auctioneer Apprentice with Pearce & Associates and would count it an honor to work with you. Feel free to contact me any time at 205.966.8114 or [email protected] "We Sell Results!"

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BID HERE!! House under Construction on Waterfront Acreage - Wilsonville, AL- House Under Construction on 2.39+/- Waterfront Acreage in Bulley Creek Neighborhood - Wilsonville, AL Please see Project Documents to view blueprints, permits, Property Record Card, Survey. Please note: Seller has an existing lakeshore use permit for a 2 slip open boathouse but it is NOT transferable.   Property Address: 132 Farmstead Road,  Shelby County, Wilsonville, AL  35186  Parcel ID #206140002007.000 Selling AS/IS with buyer to finish home - no contingency contract and closing in 30 - 45 days.   Selling Subject to Seller's Confirmation and Acceptance of High Bid! Subject to Sales prior to auction ending. Open House/Inspection:   Wednesday March 8; Saturday March 11 and Tuesday March 14 from 10am to 1pm Central Time Sale Manager: Damon Folmar, AL #5610       205.966.8114      [email protected] 

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Winning Bid$ 290,000 (115)

StatusEnded

Bidding history(10 bids)

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