10% Buyers Premium added to the final bid for winning bid for the total contract purchase price. Property
and improvements are being sold "As Is," no warrantees or guarantees expressed, implied or written.
Buyers must, and are required to conduct due diligence prior to bidding.
Property and improvements are being sold with any and all deficiencies and or defects hidden or visible.
Any and all inspections on the improvements and or land will be the responsibility of the potential buyer
prior to opening bid. Property is being sold by the deed.
Buyer will be required to enter into a non-contingent agreement. Approved deposit for all Real Estate shall
be Cash, Cashiers Check, or Personal Check with Bank Letter of Credit. Deposit $5,000.00. Closing and
balance on or before 30 days after sale. Taxes will be prorated to date of closing, Possession will be at
date of closing.
730 East Spencer Rd. Campton KY
PREVIEW: Sat, DEC 7; 1pm-4pm. Bidding Ends: Tuesday, DEC 17 @ 6:30pm with extended bidding.
We have been retained by the Estate of Daisy Lindon Elkins to Auction to
the highest Bidder upon confirmation this 3 Bedroom, 1 Bath House. This
is a Fixer Upper House with 1050 Sqft OD, with a Living Room, Kitchen/
Dining Combination, Utility Room, and a Full Walk Out Basement/Cellar.
This home is Brick Home, has a 100’ x 210’ partial fenced yard and a small
storage building. This home is located in a convenient area, close to the
Mountain Parkway/Quillen Chapel exit. If you are looking for a house to
remodel, flip, rent, or make your own this could be the one.
All Utilities are available, sewer, electric, and natural gas.
Auction Property
730 East Spencer Rd. Campton KY
3 Bed 1 Bath Home on a 100' X 210' partially fenced lot
Auction Date/Time/Location
Bidding Begins to End @ 6:30pm, December 17, 2024. ONLINE ONLY BIDDING with Extended Bidding
Registration
Register Online
Auction Sale Type
Online Only Bidding with Extended Bidding
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 $5,000.00 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 January 16, 2025.
Possession
Possession shall be granted with deed transfer, subject to any existing liens, tenants, or occupants if applicable.
Real Estate Property Taxes
2024 taxes shall be the Seller's responsibility. All 2025 taxes shall be the Buyer's responsibility
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 to coordinate the closing.
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. Buyer should consult with all utility providers concerning availability. The bids are advanced at pre-set increments available on the bidding web page. Kentucky Land Auction Company may accept items with unpublished reserves prices. The seller and Kentucky Land Auction Company reserve the right to bid on behalf of the seller on items on which there may be a reserve up to that reserve amount. Kentucky Land Auction Company may reject or cancel any bid for any reason. The record of the auction made by Baker Auctions & Real Estate, LLC shall be conclusive. This is a Public Auction and as such, all qualified bidders may bid including Kentucky Land Auction Company, owners, family members, employees, and affiliates. If the Auctioneer determines that any bid is not commensurate with the value of the article offered, he may reject the same and withdraw the item from the auction. If, having acknowledged an opening bid, he decides that an advance is not sufficient, he may reject the advance. The successful bidder today will be required to waive their right to a Lead Based Paint inspection, if applicable. Kentucky Land Auction Company may bid on behalf of a potential buyer at their request. Mike Briggs - Broker/Auctioneer
Special Conditions
THIS IS A NON-CONTINGENT SALE! CASH OR CONVENTIONAL FINANCING ONLY!
If you are financing the property, please be prepared to present a letter of intent to loan from your financial institution.
Bidder’s Acknowledgement
By signing below or registering online, 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: _
Signature: _____________________________________ Date: ________________________________
Bidder’s Name/Phone Number:
Address:
Announcements made day of sale take precedence over any previous advertisements!