SATURDAY, AUGUST 15, 2015 10:00AM CDT 49 Acres Tatum, Texas Offered in 4 seperate individual tracts Buy any tract, any combination or buy the entire 49 acres AUCTION....LIVE AUCTION....SATURDAY, AUGUST 15, 2015 AT 10:00AM CDT....LIVE AUCTION....AUCTION SELLING RESTAURANT, CUSTOM HOME, RESTAURANT AND FARM EQUIPMENT, HOME FURNISHINGS!!!! Selling a custom home nesttled amongst East Texas pines and a Restaurant with all the equipment on 48 acres at auction divided into 4 separate tracts. You can buy any individual tract, any combination of tracts or purchase the entire 48 acres in a live auction. REAL PROPERTY: 48 acres with a 4500' 4 bedroom, 3.5 bath custom home with 2 living areas and pool, 40' x 80' metal workshop, former Steak/Seafood Restaurant with all the equipment. buildings. The property features lots of road frontage, an abundance of tall mature trees and the opportunity to own a viable business. PERSONAL PROPERTY: Tractors, mowers, implements, had tools, furniture, furnishings, restaurant equipment, etc. will be sold immediately following the sale of the real estate. 10% Buyer's Premium will be added to the auction price. All personal property must be paid in full on the day of the auction in Cash, Visa/Mastercard or Personal and Business Checks will be accepted with a Bank Letter of Guarantee. For information regarding personal property go to www.olearyauctions.com or contact Brad O'Leary at 817.304.1485 FEATURES: Road frontage on Hwy 43. High traffic and visibility for a successful Restaurant with many opportunities to convert the property to several other venues. LIVE AUCTION: The property will be offered for sale in a live, audible auction, conducted by a licensed Auctioneer on Saturday, August 15, 2015 at 10:00am CDT. The auction will be conducted on-site, at 13702 State Hwy 43, Tatum, Texas. On-site registration will begin at 8:00am on the day of the auction. The property will sell "AS IS". It is the sole responsibility of a potential buyer to inspect and research the property prior to the auction. REAL ESTATE TERMS: A 10% Buyer's Premium will be added to the high bid attained at auction to constitute the total contract price. The 10% Buyer's Premium will be paid the day of the auction when the contract is executed. The balance will be due at Closing, on or before, Friday, September18, 2015 at 5:00pm CDT. Buyer is responsible to attain his or her own financing prior to closing. ONLINE BIDDING: If you are unable to attend the live auction held at 13702 State Road 43...you can participate in real-time online bidding that will be available through the PROXIBID beginning at 9:30am CDT on the day of the auction. Pre-registration with the PROXIBID is required. Go to https://www.proxibid.com/TonyLangdon or call for details REAL ESTATE AGENT INCENTIVE: Real Estate Agents are eligible to receive a 2% commission. Bring your Buyer and co-register the day of the auction. The Real Estate Agent of the successful Buyer will receive a 2% commission of the auction strike price that will be paid on the day of Closing. Opening Bids: Home ($100,000), Restaurant ($100,000), Acreage ($1000/acre) PRIVATE SHOWINGS ARE AVAILABLE PRIOR TO THE AUCTION. CALL TO SCHEDULE AN APPOINTMENT. CALL FOR ADDITIONAL INFORMATION AND DETAILS. CONTACT TONY LANGDON 214/876-5950