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Property Type: Commercial Property Purpose of Sale: Foreclosure Status:   Closed
   1514 FM 314, Van, Texas  75790 Auction ID : 100649   
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Foreclosed Pre-School Facility
Location: 1514 FM 314
Van, Texas  75790
Time Left: Closed
Auction Date: Oct. 09, 2010
Time: 02:00 pm
Winner(s) N/A
Description

Quality 10,000 SF foreclosed pre-school facility on 1.175 acres near Van, TX. School features 6 large classrooms, separate kids bathrooms with multi-stalls and sinks, office, toddler room, art area, and plenty of storage.

Pre-school, contents, playground equipment, and house w/3.825 acres will be offered separately. Building contents include games, toys, playpens, swings, puzzles, decorations, supplies, chairs, piano, and much more.

OPEN HOUSE PREVIEW Friday OCT 1st from 10 am - Noon
Property is located on FM 314 one mile south of Interstate Hwy 20 between Canton and Tyler.

Auction will be held On-site the afternoon of Saturday, October 9th at 2 p.m. Registration will begin at 1 p.m. You will need to bring a cashier check of $5,000 made payable to yourself in order to bid (Bring two checks if you intend on bidding on pre-school and house). The winning bidder will complete the Auction Sales Contract and submit earnest money deposit immediately following the auction. Please review the Terms and Conditions and Auction Contract below.

Please contact David Coleman with questions about the auction at 936-661-3411 or by email at david@colemanandpatterson.com

Take Advantage of Auction Prices from a Highly Motivated Bank Seller!!!

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Foreclosed Pre-School Facility
Address Information
Street Address 1514 FM 314
City Van
State/Province Texas
Zip/Post Code 75790
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Property Information
Purpose of Sale Foreclosure

Bedrooms -

Bathrooms -

Heated Square Footage 10000

Lot Size 1.175 Acres

Year Built 2001

MLS # -

Occupancy Unoccupied

Reoccuring Fees/Dues -

Property Shown By? -

Listing Agent
Name -

Brokerage Firm -

Office Phone -

Cell Phone -

Fax -

Email -

Address -

Auction Basics

Buyer's Responsibilities

  1. 5% BUYERS PREMIUM or $1,500 (Whichever is greater) = Additional fee added to the final bid amount to equal the total contract price.
  2. $5,000 EARNEST MONEY - Deposit to be paid by cashiers check immediately following the auction.
  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

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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The seller, candpauctions, assumes all responsibility for the contents of this listing