Bank Ordered Auction!!! Coleman & Patterson is pleased to offer 5 quality acreage residential lots located in the Sonoma Ridge subdivision near Tomball, TX. The properties being offered are legally described as Sonoma Ridge, Block 3 Lot 1, Block 1 Lot 7, Block 1 Lot 18, Block 1 Lot 22, and Block 1 Lot 30.

Block 3 Lot 1 is 1.22 acre lot at 23627 Napa View Valley Dr.

Block 1 Lot 7 is 1.00 acre lot at 23626 Napa View Valley Dr.

Block 1 Lot 18 is 1.01 acre lot at 23611 Sonoma Valley Dr.

Block 1 Lot 22 is 1.01 acre lot at 23711 Sonoma Valley Dr.

Block 1 Lot 30 is 1.00 acre lot at 23710 Sonoma Valley Dr.

The lots will be sold via the Choice Auction Method. This means all 5 lots will be available individually, in combination, or as a whole 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)

· Choose any combination (Price = # of lots x High Bid + Buyers Premium)

· Select All 5 (Price = 5 x High Bid + Buyers Premium)

EXAMPLE: John Doe is the winning bidder @ $30,000 and chooses the combination of Block 3 Lot 1 & Block 1 Lot 7. John will pay $30,000 x 2 = $60,000 + 10% Buyers Premium for a total contract price of $66,000.

If one or more lots are not selected by the winning bidder, the remaining property will be re-offered under the same terms and conditions.

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

Thanks and good luck with your bidding.