Court-Ordered
Real Estate
AUCTION
Saturday-April 3, 2010-11 am
Gallatin, Texas
(Terms & Conditions)
1. $10,000.00 Non-Refundable Earnest Money required day of auction
for each property in the form of cash, cashier’s check or
personal/company check with bank letter guaranteeing check addressed
to United Country-Thomas Auction Marketing. Absolutely no
exceptions!
(SAMPLE LETTER: Mr/Mrs______________ is a customer in good
standing of our bank. We will guarantee payment of checks written on
his/her account number ________for $10,000.00 for earnest money at
your auction on April 3, 2010.)
2. Real estate sells ‘As Is-Where Is’ with all faults and No Guarantees!
Properties are selling without warranty as to usefullness or
merchantability.
3. Real estate sells Absolutely to the Highest Bidder Regardless of Price!
4. There will be a 10% Buyer’s Premium added to final bid to
determine contract amount on each individual property.
Example: Final Bid Amount ($100,000.00) + 10% Buyer’s Premium
($10,000.00) = Contract Amount ($110,000.00)
5. Buyer will be responsible for all closing costs (Title Insurance,
Surveys, Appraisals, Etc.)
6. Seller guarantees clear deed and will pay pro-rated property taxes
through day of closing only. Closing will be approximately 30 days from
sale date.
7. There are some Oil & Gas Minerals Available!
8. The real estate auction contract is not subject to Buyer being
approved for financing.
9. Auctioneer strongly encourages each individual prospective buyer to
inspect properties thoroughly prior to auction.
10. All announcements made sale day supercede all printed material.
United Country-Thomas Auction Marketing-#6248
903-767-1133
Auction Property Descriptions
Property #1
32.2910+/- Acres situated in the J Payne Survey, Abstract 692, Block
1029, Track 2. Property includes a 2000+/- square foot brick home, barn
and sheds. A portion of the land has been used for hay production as
recent as 2009. House will be offered by itself and land offered by itself
and then the two will be offered as a whole.
Property address is 451 South Dry Creek Road, Gallatin, Texas.
Directions: From Rusk, Texas, go north on US Highway 84, turn right
on FM 768, then turn right on CR 1312 and go to end of road.
Watch for Auction Signs!
Property #2
1+/- Acre located in Abstract 889, Block 1030A, Tract 10. Property
includes a Really Nice and Clean 1984 Redman 1344 Square Foot, 3
Bedroom/2 Bath Double-Wide Mobile Home, Carport &
Shop/Garage/Storage Building. Nice place with lots of trees.
Property address is 351 Chandler Street in Gallatin, Texas.
Directions: From Rusk, Texas go north on US Highway 84, turn right
on FM 768 and property is on the right in Gallatin, Texas.
Watch for Auction Signs!