Auction Details
COURT ORDERED ESTATE AUCTION INCLUDING REAL ESTATE SALLISAW, OK
|
Type Live Auction |
Auction Dates January 18, 2024 |
Description
Court Ordered Estate AUCTION
Including Real Estate
THURSDAY JANUARY 18
10:30 a.m.
215 W Choctaw Ave, Sallisaw, OK
Directions: From W Cherokee Ave turn South on N Main St go 2 blocks; then turn East on W Choctaw Ave.
Appx 1,219 sf 2 bedroom/1 ½ bed home w/central heat & air and carport. This home is currently leased and will make a great investment property.
10:45 a.m.
121 W Choctaw Ave & 208 N Walnut St, Sallisaw, OK
Directions: From W Cherokee Ave turn South on N Walnut St go 2 blocks; then turn East on W Choctaw Ave.
121 W Choctaw Ave – Appx 1,440 sf 3 bedroom/1 bath home with metal siding, wood flooring, central heat & air & more on corner lot. Previously used as an antique mall, this is a great investment property.
208 N Walnut St. – Appx 30’x50′ metal shop building with office & bathroom, 4-bay doors & concrete floor w/drains.
11:30 a.m.
TBD N Adams St., Sallisaw, OK
Directions: From W Cherokee Ave turn North on Washington St go 2/10 mile; then turn West on Arlington Ave; then turn South on N. Adams St.
Appx 40’x60′ block shop building with metal roof, 2-bay doors, concrete slab & bathroom on 2 lots.
Personal Property
6’x12′ Alum Storage Building – Lead Porcelain Signs – Phillips 66 Signs – Happy Days Neon Sign – Sign Posts – Theater Seats – Bar Stools – Car Parts – Lockers – Upright Air Compressor – Lawn Mower
1:00 p.m.
TBD HWY 64, Vian, OK
Directions: Corner of HWY 64 & McConnel St (next to Pafford EMS).
Appx 0.32 acre corner lot with HWY 64 road frontage. Lot 5 less a tract 50’x70′ in Southeast Corner, Block 27 original town of Vian
Real Estate Terms: 10% down day of auction with the signing of a real estate contract and balance due within 30 days at closing. Please arrange financing prior to sale. Property sells as is with buyer making all inspections prior to auction. Buyer to pay all closing costs. 10% Buyer’s Premium. Please click on ‘terms’ tab for complete list of terms.
Note: We are selling for the Edmund Stites Estate. Nice commercial & investment properties in great locations! We will begin with the commercial office building at 914 E Cherokee Ave and move to each location. Beginning times are approximate and it may be necessary to adjust them a little bit as the day progresses. We will also sell some personal property at the shop location on Adams St. 10% buyer’s premium
All announcements day of sale supersede this ad
Terms and Conditions
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.
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 within 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 court, bank or seller approval. The court, bank or seller retains their right to bid or have someone bid on their behalf. Possession will be upon closing with filing of deed. 10% deposit 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, judgment and inspection of the property and records.
