Featured Auctions [All ]
Foreclosed Pre-School Facility
Foreclosed Pre-School Facility Date: Oct. 09, 2010
Time: 02:00 pm
Auction Type: Live

Quality 10,000 SF foreclosed pre-school facility on 1.175 acres near Van, TX. School features 6 large classrooms, seperate 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 SATURDAY OCT 2nd 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!!!

20,000 SF Bank Owned Warehouse
20,000 SF Bank Owned Warehouse Date: Oct. 09, 2010
Time: 10:00 am
Auction Type: Live

Enormous banked owned commercial warehouse in Mt. Pleasant, TX. 746 E. 16th is approximately 20,000 SF of building space sitting on 7.239 acres. Property features quality frontage on busy 4 lane highway, upstairs offices, loading docks, and a 2 Bed/1 Bath 1104 SF house. House and Warehouse are selling together.

Property is located on Hwy 67 near industrial area and only minutes to Interstate Hwy 30. Investors and end users are both good candidates for the property.

Auction will be held On-site the morning of Saturday, October 9th at 10 a.m. Registration will begin at 9 a.m. You will need to bring a cashier check of $5,000 made payable to yourself in order to bid. 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!!!

Commercial Building & 10.34 Acres
Commercial Building & 10.34 Acres Date: Oct. 29, 2010
Time: 11:15 am
Auction Type: Live

Bank owned 10.34 Acres with 1,200 SF Office at 14571 N. FM 730, Briar, TX. Property has perimeter and cross fencing, over 500 Feet of frontage along FM 730, and about ½ has all weather parking. Office building features brick veneer, multiple potential uses, co-op water & septic.

Auctioneer reserves the right to offer the property separately and as a whole, whichever is most advantageous to the seller. Property will be sold as follows…..

· Office & 1+/- Acre

· 9.34+/- Acres land Tract

· Whole Property

Auction will be held at 917 Boyd Rd. Azle, TX the morning of Friday, October 29th at 11 a.m. Registration will begin at 10 a.m. You will need to bring a cashier check of $5,000 made payable to yourself in order to bid. 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 Tom Patterson with questions about the auction at 979-571-2125 or by email at tom@colemanandpatterson.com

Take Advantage of this amazing opportunity!!!

Choice Land Sale
Choice Land Sale Date: Nov. 12, 2010
Time: 01:00 pm
Auction Type: Live

Bank Ordered Auction!!! Coleman & Patterson is pleased to offer 83.44 quality acres just North of Honey Grove, TX at FM 100 & CR 2760. The property was surveyed into 8 10.43 acre tracts prior to foreclosure. The divided parcels identified as TRACT 3-10 will be sold via the Choice Auction Method. This means all 8 tracts will be available individually, in combination, or as a whole to the winning bidder.

Auction will be held On-site the afternoon of Friday, November 12th at 1 p.m. Registration will begin at 12 p.m. You will need to bring a cashier check of $5,000 made payable to yourself in order to bid. The winning bidders 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.

How the bidding Works?

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

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

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

· Take it all (Price = 8 x High Bid + Buyers Premium)

EXAMPLE: John Doe is the winning bidder @ $30,000 and chooses the combination of Tracts 9&10. John will pay $30,000 x 2 = $60,000 + 5% Buyers Premium for a total contract price of $63,000 for 20.86 acres.

If one or more tracts are not selected by the winning bidder, the remaining property will immediately be auctioned under the same terms and conditions until all property is under contract. Combinations must be adjoining tracts.

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!!!

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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