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Brief Description

APPX 5292 SF 3 OR 4 BEDROOM/3 1/2 BATH BRICK HOME W/DINING ROOM, OFFICE, LARGE KITCHEN, WOOD BURNING FIREPLACE, LARGE WALK-OUT BASEMENT, 3-CAR GARAGE, DETACHED SHOP W/ROLL-UP DOOR, LARGE BARN W/DOG RUNS & PENS AND SO MUCH MORE ON APPX 4.91 ACRES.

Auction Schedule

Live On-Site Auction

Begins: Monday, February 20, 2017 at 10:00 AM CST

Location 405 BROWNWOOD ESTATE, FORT SMITH, AR 72916

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Gallery: Feb 20

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Auction Terms

Looper Auction & Realty II, LLC

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, filing costs, and any other fees.  Seller will cure any title problems if necessary.  Taxes will be pro-rated to day of closing.  Properties sell subject to bank, court or seller approval.  Possession will be upon closing with filing of deed.  10% earnest money 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 and Realty

http://looperauction.com

, AL

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