Auction Details

 

Type

Live Auction

Auction Dates

Feb 2nd, 2022

Description

Real Estate AUCTIONS

WEDNESDAY FEBRUARY 2

10:00 a.m.

Hartford, AR

 

216 W Ludlow St
 Directions:  From Broadway St in Hartford turn West on HWY 96/Ludlow St go 2/10 mile.    
Appx 1,000 sf brick home w/carport & storage building on large, appx 1.56 acre lot with road frontage on two sides. 
 
230 N Maple St
 Directions:  From Broadway St in Hartford turn West on HWY 96/Ludlow St go 2/10 mile; then turn North on N Cherry St go 3/10 mile; then turn E on 3rd St.    
Appx 651 sf block home.  Currently leased for $325 per month. 
                                                                                                                                                                                                                                                   
216 S Broadway St
 Directions:  Corner of Broadway St & McCloud St.       
Appx 2,000 sf 24-Unit Metal Mini Storage building on 4 lots with appx 856 sf home (home is currently leased for $400 per month).  Room to build more and it’s in a great location.  Will be offered in two tracts.
 
210 S Hazel St  
 Directions:  From Broadway St in Hartford turn East on McCloud St go 1 block.  
Appx 1,309 sf vinyl siding home on corner lot.  Currently leased for $400 per month.
                                                                                                                                                                                                                                                           
10% Buyer’s Premium.   Please click on ‘terms’ tab for complete list of terms. 
          
  Note: Don’t miss this great opportunity to purchase investment property.  Some of the properties are tenant occupied, viewing will be 30 minutes prior to auction time only.  We will begin at 10 am at 216 W Ludlow and move to each property in the order listed above immediately after each winning bid. 

 

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

Location