(502) 550-7045

Auction Terms, Conditions, and Information

 

Buyer’s Premium: A 10% buyer’s premium will be added to the high bid to determine the final contract selling price.

Down Payment: The buyer shall make a $5,000.00 down payment immediately following the auction.  The down payment may be made by cash, certified check, or good personal check.

Closing: Closing shall occur on or before Sept.23rd 2005.

Inspections: The property will be open for inspection on Tues. Aug. 16th from 4 - 6 pm, and on auction day beginning at 5:00 pm.  Property is also available for inspection by appointment, phone Joe Gribbins at 550-7045.

Conditions of Sale: The property is being sold in “as is” condition with no conditions or contingencies of any kind.  Any inspections are welcome, but must be completed prior to auction and are not a condition of sale.

Broker Participation: Broker/Agent participation is welcome.  Please phone auctioneer for details and pre-auction registration.

Announcements: Additional terms and conditions will be made at the beginning of the auction.

Bidder’s Information Packets are available.

Bankruptcy Case # 04-37975

 

Auction: Thursday Aug. 18th 6:30 p.m.

 

701 E. Ormsby Ave.

Louisville, KY 40203

at S. Clay St.

Former Tavern

with 2 second floor

remodeled apartments

 

Don’t let the outside fool you!  The interior has been partially remodeled.  The 2 apartments have replacement windows, newly remodeled bathrooms, new carpet, new gas ranges, and need only minor finishing.  Remodeling has been started on the first floor with redone interior walls, a recent furnace, and breakers.  Zoned R-6.