Featured Auctions [All ]
Funeral Home
Funeral Home Time Left: 2 days, 21h 31m
Ends: 08/02/2010 05:56 pm
Auction Type: Online

600 N. Winnsboro, Quitman, TX

7,500+ SF Funeral Home in excellent condition. Metal and Stone exterior with stately entrance was completed in 2005 and features foyer, two staterooms, arrangement room, embalming room, restrooms, casket display room, and garage. Also featuring 1,000+ SF one bedroom apartment located in rear of funeral home. Quality finishes include granite counters, high ceilings, crown molding, and hardwood floors.

OPEN HOUSE JULY 16th from 1-3 pm

Highest and best uses include Funeral Home and/or Church building. Other uses include office space and pre-school building. Investors and end users are great candidates for this quality property.

Contact agent Kevan Burroughs @ 903-850-0919 for showings or to ask property specific questions. Call or email Tom at 979-571-2125 or tom@colemanandpatterson.com for auction specific questions.

Adjoining land is selling separately at auction and is scheduled to end after the bidding on this property.

Take advantage of the opportunity to purchase bank owned real estate at auction prices. View terms and conditions below. Good luck with your bidding.

Barton Creek Lakeside Foreclosures
Barton Creek Lakeside Foreclosures Time Left: 9 days, 21h 35m
Ends: 08/09/2010 06:00 pm
Auction Type: Online

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.
10+ Bank Owned Acres, Austin, TX
10+ Bank Owned Acres, Austin, TX Time Left: 9 days, 15h 5m
Ends: 08/09/2010 11:30 am
Auction Type: Online

Over 10 Acres of foreclosed Austin real estate available at Auction!!! 11100 & 11101 Zimmerman Lane are adjoining 5.0496 acre tracts located in North West Austin near Concordia University. This is an excellent opportunity to purchase quality Austin real estate at auction prices. The tracts are located at the end of the cul-de-sac and are described as follows.

11100 Zimmerman Lane, Austin, TX 78726 – Tract 1 John E Linn Survey # 804

11101 Zimmerman Lane, Austin, TX 78726 – Tract 1 John E Linn Survey # 804

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

How it Works?

Bids shall be made as though “Only 1” 5.0946 acre tract is available. The winning bidder must then select one of the following choices….

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

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

EXAMPLE: John Doe is the winning bidder @ $150,000 and chooses to purchase both tracts. John will pay $150,000 x 2 = $300,000 + 10% Buyers Premium for a total contract price of $330,000.

If only one lot is selected by the winning bidder, the remaining tract 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.

Bank Owned Subdivision Lots
Bank Owned Subdivision Lots Time Left: 9 days, 22h 5m
Ends: 08/09/2010 06:30 pm
Auction Type: Online

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.

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Coleman & Patterson is a Texas Real Estate Auction Company.

Coleman & Patterson is a Texas Auction Company specializing in the marketing and sale of bank owned real estate. Our goal is to offer creative solutions via the auction process that generate market driven values and maximize the recovery of bank assets.

Our Mission is to provide the most ethical, comprehensive, and professional auction service available through honesty, integrity, and superior service.

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