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Property Type: Commercial Property Status:   Closed
   1460 S. I-35 E., Lancaster, Texas  75146 Auction ID : 101010   
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1460 South I-35 E, Lancaster

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Current Bid: 129,800 USD
Start Bid: 50,000 USD
# Bids: 66 [ view history: ]
Location: 1460 S. I-35 E.
Lancaster, Texas  75146
Time Left: Closed
Start Time: Nov. 08, 2011 11:00:00
End Time : Nov. 22, 2011 11:03:29
Winner(s) 129,800 USD - Ron1933
Description

Online Auction @ www.BIDLAST.Net

Bidding Begins: Tuesday November 8th 11:00 AM

Bidding ENDS: Tuesday November 22nd 11:00 AM (Last Minute bids extend auction 10 Min.)

Registration is Online – Click Registration near top of webpage & create an account

by accepting our Terms & Conditions.

Property

Bank owned 4.93 acres of commercial land has approximately 250' of Interstate frontage, zoned Highway Commercial and includes city water and sewer. Property includes a 923 SF Home per CAD. Great for investors or end users of retail and commercial.5% Buyers Premium, Close in 30 Days. Property is identified as Stillmeadow Acres, Block 1, Pt lts 5 & 6 and Lots 20, 21,& 22

Directions to the property From I-35 N. Lancaster, take Bear Creek exit and look for the property on Right.

For Information or Pre-Auction Offers

David Coleman

Cell (936) 661-3411

Email david@colemanandpatterson.com

Lic# 13489

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1460 South I-35 E, Lancaster
Address Information
Street Address 1460 S. I-35 E.
City Lancaster
State/Province Texas
Zip/Post Code 75146
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Property Information
Purpose of Sale Foreclosure

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Lot Size 4.93 Acres

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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 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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