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The James Trust is offering this house to the highest bidder at public auction on the above date. The property has been in the James Family Since 1952. The trustees have engaged Keller Williams Realty, through Fred Ferrell, Real Estate Auctioneer and Broker Associate to conduct this sale.
Here are some features of the property:
2 living areas, one is a den with fireplace
Covered patio, fence back yard, huge shade tree
Single car garage plus a 2 car attached carport
Floor furnace and panel heat, window units cool
The house is ready for a remodel and is located in an excellent area of town. This property is ideal for several uses and would be a wonderful place to live.
To view the property make plans to attend the personal property estate sale
Showings can be arranged also by appointment, call 405-834-3901 if you can’t make the open house.
The property will be open at 8:00 a.m. Auction Day (June 28) for inspection, with the sale at 9:00 a.m.
There is no minimum starting bid however the trustees must confirm the final high bid. The Trustees intend for the property to change ownership.
The property sells “as is”, with no guarantees or warranties of any kind expressed or implied, except for title stipulations below. This will be a CASH SALE, and not subject to buyer obtaining financing, therefore bidders should have their financing in place prior to bidding.
The high bidder, upon acceptance and confirmation by the Trustees, will be required to place a deposit equal to 10% (ten percent) of the accepted bid in the Trust Account of Keller Williams Realty, to be applied to the sale price. The balance of the sale price, plus any normal cost of transfer of real estate, and loan costs, will be due at closing, which will occur on or before Friday, July 11, 2008. Trustees will accept or reject the bid at the time of the auction, there the transaction will be finalized at auction time.
The earnest money deposit is to be in the form of personal or company check and is due at the conclusion of the auction. Failure to close per the terms of the contract will result in forfeiture of the deposit.
The trust will furnish an abstract of title certified to date and commitment for title insurance. The buyers may purchase a title insurance policy at their expense and option.
