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Property Type: Land Status:   Closed
   1100 Majestic Hills Blvd., Spicewood, Texas  78669 Auction ID : 100620   
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Barton Creek Lakeside Foreclosures

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Current Bid: 32,500 USD
Start Bid: 10,000 USD
# Bids: 39 [ view history: ]
Location: 1100 Majestic Hills Blvd.
Spicewood, Texas  78669
Time Left: Closed
Start Time: Jul. 26, 2010 18:00:00
End Time : Aug. 09, 2010 18:18:07
Winner(s) 32,500 USD -
Description

Barton Creek Lakeside Lots!!! Two quality Hill Country lots selling via Online Auction. Amazing views and gated community make these very rare auction candidates. Both lots are located at the end of the culdesac and are described as follows.

1100 Majestic Hills Boulevard, Spicewood, TX 78669 – Lot 121 Phase 2

1101 Majestic Hills Boulevard, Spicewood, TX 78669 – Lot 120 Phase 2

The lots will be sold via the Choice Auction Method. This means the 2 lots will be available individually or combined to the winning bidder.

How it Works?

Bids shall be made as though “Only 1” Lot is available. The winning bidder must then select one of the following choices….

· Choose lot of preference (Price = High Bid + Buyers Premium)

· Select Both (Price = 2 x High Bid + Buyers Premium)

EXAMPLE: John Doe is the winning bidder @ $50,000 and chooses to purchase both lots. John will pay $50,000 x 2 = $100,000 + 10% Buyers Premium for a total contract price of $110,000.

If only one lot is selected by the winning bidder, the remaining lot will be re-offered under the same terms and conditions.

Call or email Tom @ 979-571-2125 or tom@colemanandpatterson.com with questions.

NOTE: Building and plans are restricted to POA approval. The greenbelt area below the two lots have a separate owner and can potentially be used for commercial purposes in the future subject to Property Owners Association Approval.
Thanks and good luck with your bidding.
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Barton Creek Lakeside Foreclosures
Address Information
Street Address 1100 Majestic Hills Blvd.
City Spicewood
State/Province Texas
Zip/Post Code 78669
Google Map
Property Information
Purpose of Sale Foreclosure

Bedrooms -

Bathrooms -

Heated Square Footage -

Lot Size 1/2+ Acres Each Lot

Year Built -

MLS # -

Occupancy -

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Property Shown By? -

Listing Agent
Name -

Brokerage Firm -

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Auction Basics

Buyer's Responsibilities

  1. 10% BUYERS PREMIUM or $1,500 (Whichever is greater) = Additional fee added to the final bid amount to equal the total contract price.
  2. $2,500 EARNEST MONEY - Deposit to be paid by cashiers check within 24 hours from auction end date.
  3. CLOSE IN 30 DAYS or risk loss of earnest money deposit.
  4. NOT CONTINGENT UPON FINANCING - have financial arrangements made before bidding.
  5. AS-IS/WHERE-IS - buyer assumes full responsibility as to condition and suitability.
  6. ALL PLACED BIDS will be held accountable for 7 business days from auction end date for sellers approval.
  7. DEFAULTING and/or fraudulent bidders are responsible for auction commissions plus collection and/or atty fees and will be reported to authorities.

Buyers Rewards

  1. SELLER PAID TITLE POLICY
  2. NO BACK TAXES
  3. NO LIENS
  4. NO ENCUMBRANCES
  5. HIGHLY MOTIVATED SELLER
  6. AUCTION EXTENDS IF BID PLACED IN FINAL 10 MINUTES

This is only a summary. Please review the "Auction Sales Contract" and the complete "Terms & Conditions" below. Please contact our office with any questions prior to placing bids.

Auction Sales Contract Auction Sales Contract

Terms and Conditions Terms and Conditions
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