Terms: - 20% nonrefundable down payment required the day of the sale in certified funds or with a bank letter of guarantee, acceptable by auction company, with the balance due at closing. - 10% buyer's premium will be added to determine the final contract price; 15% for online bidding. - Closing within forty five (45) days of execution of real estate purchase agreement. - Closing is not dependent upon buyer obtaining financing or the satisfactory results of any title examination, survey or inspection. - Property is sold as is, where is, with no warranty as to condition - Quit claim deed with no warranty as to title - Surface rights being sold only - all minerals excluded - Buyer to take possession of property at closing subject to any occupancy by current tenants. Buyer will be responsible to negotiate and enter into a new lease with the tenant following closing, if they so choose, or take steps necessary to evict. - Following the auction, seller will send out all termination of lease notices and eviction notices to any occupants - All information contained herein derived from sources deemed reliable but not warranted. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. Agency Disclosure: Joe R. Pyle Auction & Realty Service is acting as Auctioneer/Agent and is an agent for the seller only. Buyer Broker Information: Commission will be paid to any properly licensed buyer's broker who registers a successful buyer according to the broker participation guidelines. Broker registration forms are available from the auction office. Call for broker registration form. Must be registered 24 hours prior to the auction. Brokers/agents are not entitled to a commission if they are the purchaser. PLEASE VISIT WWW.JOERPYLEAUCTIONS.COM TO VIEW THE SAMPLE PURCHASE AGREEMENT, QUITCLAIM DEED, AND CLOSING REQUIREMENTS BEFORE BIDDING.