REAL ESTATE ~ TRUCK TRACTOR ~ ATVS & TRAILERS

ONLINE BANKRUPTCY ONLY AUCTION


Attention Real Estate & Personal Property Buyers!

ONLINE BANKRUPTCY AUCTION

5802 AR HWY 31 S. LONOKE, AR 72086

Preview: Friday, March 15th from 9:00am-12:00pm

BIDDING ENDS MARCH 20th AT 2:00PM 

ONLINE BIDDING ONLY
Began: 03/05/19 at 10:00 AM CST
Ends: 03/20/19 at 2:00 PM CST

Attention Real Estate & Personal Property Buyers!

ONLINE BANKRUPTCY AUCTION

5802 AR HWY 31 S, LONOKE, AR

BIDDING ENDS MARCH 20th AT 2:00pm

Preview: Friday, March 15th from 9:00am-12:00pm

Consisting of: Real Estate: 1.2+/- Acres featuring a 1,128+/- Sq. Ft. Stick Built Home & a 1,064+/- Sq. Ft. Manufactured Home. Lonoke County Parcel Number: 001-05233-000. Both Homes Are Currently Occupied And Are Income Producing.

Personal Property: A1998 Freightliner Truck Tractor FLD 112 W/ 557,775 Miles & Cummins M11 330E+ Engine, (2) Honda Recon ES 2×4 Four Wheelers – ModelsTRX250TEB & TRX250TEE, 2009 Polaris Ranger XP (Needs Repair), 2004 8’x5’ Light Duty Utility Trailer & A 3 Slot Motor Cycle Trailer. 

 REAL ESTATE AUCTION TERMS & CONDITIONS

 

(Personal Property Auction Terms Below) Scroll down to see personal property Terms & Conditions

 

IN ORDER TO BID, YOU MUST READ AND ACCEPT ALL OF THE TERMS AND CONDITIONS SET FORTH BELOW. SCROLL DOWN TO READ ALL TERMS.

 

The following Terms & Conditions apply to the Online Only Bankruptcy Real Estate Auction of 1.2+/- acres featuring a 1,128+/- Sq. Ft. home and a 1,064+/- Sq. Ft. manufactured home located at 5802 AR HWY 31 South, Lonoke, AR 72086. Lonoke County Parcel No. 001-05233-000

 

Buyer’s Premium: A buyer’s premium of Ten percent (10%) of the high bid will be added to the bid to determine the final sales price

 

PAYMENT: 20% Down at The Conclusion of The Auction with The Balance Due In 30 Days at Closing. Purchaser Will Receive a Trustee’s Deed with Title Insurance at Closing. Purchaser Will Be Required to Pay Their Side of Closing Costs. Closing Will Take Place at _____TBD_____Title Company Located in Pulaski County

 

Payment Terms: Wooley Auctioneers requires a credit card for bidder verification purposes only. We will never charge your credit card for real estate transactions. Wooley Auctioneers will contact the winning bidder by phone at the conclusion of the auction with detailed payment instructions.

 

Wooley Auctioneers, Inc. (Auction Company) is providing an Internet auction as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of the auction. Under no circumstances shall bidder have any kind of claim against Auction Company or anyone else if the Internet service fails to work correctly during the online auction. Auction Company will not be responsible for any missed bids from any source. Internet bidders who desire to make certain their bid is acknowledged should use the proxy bidding feature and leave their maximum bid at least 24 hours before the auction closes. Auction Company reserves the right to withdraw or re-catalog items in this auction.

 

Buyer’s Contract: Your bids placed on the Wooley Auctioneers website are a contract and you are responsible for paying all amounts due.

 

Buyer’s Premium: A buyer’s premium of Ten percent (10%) of the high bid will be added to the bid to determine the final sales price.

 

Currency Type: USD Auction Location: Internet Online Only

 

Additional Terms of Sale:

 

1. YOUR BID IS A CONTRACT TO BUY should you be the winning bidder.

 

2. All property is sold “AS IS”.

 

3. By bidding on property, the bidder shows acceptance of the terms of the auction.

 

4. All announcements made prior to the close of the Internet bidding take precedence over any and all written or verbal statements.

 

5. Wooley Auctioneers attempts to describe the properties to the best of our abilities however we make no representations or guarantees. In no event shall Wooley Auctioneers, Inc. be held responsible for having made or implied any warranty of merchantability or fitness for a particular purpose. Nor shall we be responsible for any errors or omissions in the description of the properties.

 

EXPLANATION SOFT CLOSE: if an item receives a bid within the last 2 minutes, then the close time will be extended 2 minutes from the time the bid is placed. The time will continue to be extended for 2 minutes with each newly placed bid and the item will not close until 2 minutes have elapsed with no additional bid activity. This does eliminate “snipers” from our Internet Auctions. Please be assured that we have taken every precaution to set the site up in a transparent manner that allows for the fairest environment for both buyers and sellers.

 

PERSONAL PROPERTY TERMS & CONDITIONS

 

(Real Estate Auction Terms & Conditions Above) Scroll up for Real Estate Auction Terms.

 

THE FOLLOWING TERMS & CONDITIONS APPLY TO THE ONLINE BANKRUPTCY AUCTION. IN ORDER TO BID, YOU MUST READ AND ACCEPT ALL OF THE TERMS AND CONDITIONS SET FORTH BELOW.

 

Buyer’s Premium: A buyer’s premium of Ten percent (10%) of the high bid will be added to the bid price to determine the final sales price for the auction lot.

 

Preview time: Friday, March 15th from 9:00am – 12:00pm 

 

Pick up/Item Removal: By appointment only. Auction company staff will contact successful bidders at the conclusion of this auction. 

 

Wooley Auctioneers, Inc. (Auction Company) is providing an Internet auction as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of the auction. Under no circumstances shall bidder have any kind of claim against Auction Company or anyone else if the Internet service fails to work correctly during the online auction. Auction Company will not be responsible for any missed bids from any source. Internet bidders who desire to make certain their bid is acknowledged should use the proxy bidding feature and leave their maximum bid at least 24 hours before the auction closes.

 

Auction Company reserves the right to withdraw or re-catalog items in this auction.

 

Participation Requirements: Name, address, daytime phone number, email address and a Valid Credit Card required for bidding approval

 

Buyer’s Contract: Your bids placed on the Wooley Auctioneers website are a contract and you are responsible for paying all amounts due. If you cannot pay for and pick up the items during the times specified, then you must not bid. Contact Auctioneers if you foresee a problem.

 

Payment Options: Visa, MasterCard, Discover & American Express. If you would like to pay with cash, contact Brad Wooley at 501-940-3979 BEFORE this auction closes so that we do not run your card at the conclusion of this auction.

 

Payment Instructions: ALL accounts will be settled at the conclusion of this auction. We will immediately charge the credit card you have on file with Wooley Auctioneers for your purchases, plus buyer’s premium of 10%.

 

*** A $25 service fee will be charged to any account whose credit card on file is declined requiring additional time and telephone contact to establish payment for merchandise. Please respond immediately by email if you KNOW that you will need to use an alternate method of payment.

 

Retention of Credit Card Information: By providing your credit card information, you authorize Wooley Auctioneers, Inc. to charge your credit card for the purchase amount of any successful bid plus Buyer’s Premium immediately following the auction.

 

Buyer’s Premium: A buyer’s premium of Ten percent (10%) of the high bid will be added to the bid to determine the final sales price for the auction lot.

 

Shipping: Auction company does not ship. Buyer is responsible for the removal of all items and equipment.

 

Failure to Pick-Up Items: All items MUST BE REMOVED from the premises at the designated times. IF YOU FAIL TO PICK-UP ANY ITEMS on the days that have been scheduled YOU WILL BE CONSIDERED TO HAVE FORFEITED THE ITEMS. Please contact the Auction Company if you foresee a problem.

 

Currency Type: USD

 

Auction Location: Internet Online ONLY

 

Special Terms of Sale:

 

1. YOUR BID IS A CONTRACT TO BUY should you be the winning bidder.

 

2. All property is sold “AS IS”.

 

3. There are no returns, refunds or adjustments.

 

4. Age Requirement: All bidders must be 18 years of age or older.

 

5. Our Internet on-line auctions move quickly! If you are interested in an item, bid quickly. If you win an item in the auction you will be notified by email. Any debt collection or dispute proceedings will be heard in Pulaski County, Arkansas.

 

6. ALL SALES ARE FINAL. Your bid IS A CONTRACT TO BUY should you win.

 

7. By bidding on any item, the bidder shows acceptance of the terms of the auction

 

8. The auction company reserves the right to refuse service to any person.

 

9. All announcements made prior to the close of the Internet bidding take precedence over all written or verbal statements.

 

10. Wooley Auctioneers attempts to describe the merchandise to the best of our abilities however we make no representations or guarantees. In no event shall Wooley Auctioneers, Inc. be held responsible for having made or implied any warranty of merchantability or fitness for a particular purpose. Nor shall we be responsible for any errors or omissions in the description of the merchandise.

 

EXPLANATION SOFT CLOSE: if an item receives a bid within the last 2 minutes, then the close time will be extended 2 minutes from the time the bid is placed. The time will continue to be extended for 2 minutes with each newly placed bid and the item will not close until 2 minutes have elapsed with no additional bid activity. This does eliminate “snipers” from our Internet Auctions. Please be assured that we have taken every precaution to set the site up in a transparent manner that allows for the fairest environment for both buyers and sellers.

From Lonoke, head South on HWY 70 and continue for approx 1.25 miles. Continue South onto HWY 31 S. and continue for approximately 5.9 miles. The property will be on your right. Look for the auction sign. 

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