INDUSTRIAL BUILDING & EQUIPMENT AUCTION
Friday, January 3rd at 9:00 AM CST
101 Industrial Drive Elkton, KY 42220
AUCTION HELD ON-SITE & ONLINE!
87,000 SQ FT BUILDING ON 13.63 ACRES
Auction Contact: Kelvin DeBerry 270-604-2536
Inspection Date: 01/02/2019 1:00-5:00 PM CST
LIVE Bidding on Building and Contents on 01/03/20 at 101 Industrial Drive Elkton, KY
Live Auction Items for Sale on 1/03/2020 at 9:00 AM
LAGUN VERTICAL MILL • AMERIPARK STRETCH WRAPPER • HOBART WELDER • JET METAL BAND SAW • MILLER PLASMA CUTTER • CARTS • PALLET STANDS • BANDER • PALLET JACK • DIAMANT RUBI TILE SAW • PALLET RACKS AND SHELVING • ROCKFORD LATHE • HYDRAULIC PRESS • DRILL PRESS • CUSTOM WORKBENCHES • PAINT SHAKER • MULTIPLE PEDESTAL FANS • MISCELLANEOUS TOOLS • OFFICE FURNITURE • COMPUTERS • PRINTERS • CONFERENCE ROOM TABLE • TELEVISIONS • WELDERS • METAL RACKS • WORKTABLES • FINISHED TILE • PALLETS OF BOXES • PING PONG TABLE • LABELER • MOTORS – 20HP • PUMPS • 750 GALLON METAL TANK • MISCELLANEOUS METAL AND MUCH MORE!!!
In Conjunction With The Master Commissioner of Todd County Civil Action No. 18-CI-00140.
Terms and Conditions:
Equipment (Live Auction) Terms: A 15% Buyer’s Premium Will Be Added To The Final Bid & Included In The Purchase Price. Applicable KY Sales Tax Applies. Cash or Check Day of Sale With Proper Identification.
Online Bidding Terms and Conditions:
Everything will be sold to the highest bidders for cash, in accordance with the auctioneers normal Terms of Sale which can be found on our web site at www.bolingerrealestate.com or by requesting a copy of our terms and conditions of sale by email to firstname.lastname@example.org. Your bid is a contract: Place a bid only if you are serious about buying the item. If you are the high bidder, you will enter into a legally binding contract with Bolinger Real Estate and Auction. All bids are in US dollars. An 18% Buyers Premium will be added to all items sold and will be added to the final bid. Bolinger Real Estate and Auction makes every attempt to accurately describe all items at the auction sale, there are always possibilities of errors occurring which is out of Bolinger Real Estate and Auction`s control. It is important to know this fact if you plan on placing a Proxy Bid or if you plan on bidding over the web.
Please inspect before you bid and remember, everything is sold AS IS, WHERE IS basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or Auction Company. Information listed in advertising is deemed reliable, but not guaranteed. On occasion, we may have additional information regarding an item being auctioned and will be announced during the auction process. The designated inspection time is January 2, 2020 from 1:00 – 5:00 PM CST.
Payments by ALL successful bidders can be paid by wire transfer, cash, cashier’s check, or company check accompanied by a bank letter of guarantee. NO CREDIT CARDS ARE ACCEPTED. All successful bidders will receive their invoices via email from Bolinger Real Estate and Auction within 24 hours after the auction has closed and payments are due on receipt. Payments are expected to be completed by Tuesday, January 7, 2020.
Taxes: All successful bidders will be responsible for sales taxes which will be added to your invoice unless an exemption certificate is supplied prior to invoicing.
Refunds: No refunds or adjustments will be made once an item has been removed from the auction site. All refunds and adjustments are solely at the discretion of the auction company.
Removal: Rigging and removal is the responsibility of the buyer. All riggers or buyers who will be removing items using any powered vehicle will need to provide a certificate of insurance that is acceptable to Bolinger Real Estate and Auction. Removal may begin when the auction has been completed and payment in full received. All items must be removed by Feb 14, 2020 at 5:00 PM CST. Anything left after that time will be considered abandoned property and will become property of the auction company. The auction company will be on site January 4th and January 11th from 10:00 AM – 4:00 PM CST for items to be picked up. Removal of other items will need to be scheduled with auction company. Buyer responsible for all costs associated with loading and disassembling of the purchased items including unhooking of the electrical. The auction company will allow an additional two weeks for the kilns to be picked up.
Bolinger Real Estate & Auction, its Auctioneers, Agents, or Sub-Agents shall not be responsible or liable in any way if the Owner of the subject property fails to honor any bid, refuses to, or cannot close or tender title in accordance with winner bid or any contract entered in respect thereof. Bolinger Real Estate & Auction, its Auctioneers, Agents, or Sub-Agents shall not be responsible or liable if property is in need of attention, repairs, is contaminated with hazardous waste, or is in any way unsatisfactory to a bidder. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. Bolinger Real Estate & Auction or any other licensed real estate agent or agency reserves the right to bid on their own behalf at this Auction. Bids by proxy are allowed, providing all Auction terms are met. These Auction Terms and Conditions supersede all the printed and oral statements and will be attached to and become part of the Auction Purchase Agreement which will contain the precise conditions of the Auction and will prevail over this document and any other agreement between the Buyer & Seller. The Auctioneer reserves the right to announce any additional terms and conditions before or during the Auction. The Auctioneer makes no warranty or guarantee as to the correctness and completeness of any information Purchaser/ Bidder acknowledges and agrees that Bolinger Real Estate & Auction, its Auctioneers, Brokers, and Salesperson are Agents and/or Sub Agents of the seller.
Real Estate Auction Terms: This property is being sold in conjunction with the Master Commissioner of Todd County Civil Action No. 18-CI-00140. The sale shall be for cash or 10% down with the balance in cash at closing on or before closing or before 30 days, and the purchase shall give a bond with good purity for the purchase price payable to the Master Commissioner bearing interest at a rate stated in the judgment. Taxes for 2019 will be paid by the purchaser. The down payment may be in the form of a cashier’s check, personal check, or corporate check. This property will be offered in One (1) tract. The Property will be sold in the manner resulting in the highest total sale price. All successful bidders will be required to enter into Purchase Agreement at the auction site immediately following the close of the auction. Purchase Agreement will be available for review prior to the auction. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING. Buyer may conduct inspection prior to sale date. The property is being sold as per deed, and no warranty or representation, either express or implied, concerning the property is made by the Seller or Auction Company. ANY ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENT.