Auction Details

H & L TIRE CO. BANKRUPTCY ABSOLUTE REAL ESTATE AUCTION

H & L TIRE REAL ESTATE AUCTION

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H & L TIRE COMPANY, INC. BANKRUPTCY
ABSOLUTE REAL ESTATE AUCTION
THURSDAY JANUARY 17, 2019 @ 1 PM ●
●1666 US HWY.84 EAST●MEXIA,TX. 76667●
BUYER REGISTRATION 11AM – 1 PM.
SELLING BY ORDER OF THE UNITED STATES BANKRUPTCY COURT +/- 2.94 ACRES W/ FRONTAGE
PROPERTY INFORMATION & FEATURES:
LOCATION: ON THE NORTH SIDE OF US HWY. 84 ● 5 MILE EAST OF MEXIA, TX.
*PLEASE NOTE: GPS & CELL SERVICE DOES NOT WORK AT THIS LOCATION*
LEGAL DESC.- JW McGAHEY SURVEY ABSTRACT # 424 & # 425 ● FREESTONE COUNTY ● +/-2.94 ACRES WITH +/- 159.97’ HWY 84 FRONTAGE ● TEAGUE SCHOOL DIST. ● 2017 MARKET VALUE- $67,906.00 ● TAXES -$1,337.43 ● MINERAL RIGHTS- WILL CONVEY ALL, IF ANY ● ONCOR ELECTRIC ● POINT ENTERPRISE WATER SUPPLY ● SEPTIC TANK ● +/- 7,812 SQ. FT. METAL BUILDING ON CONCRETE SLAB – BUILT IN 1982 - FEATURES A +/- 620 SQ. FT. OFFICE/WAITING AREA W/ BATHROOM & COUNTER & SHOP IS +/- 7,192 SQ. FT. WITH (11) 12’ x 14’ ROLL UP DOORS, (5) HYD. CAR LIFTS, STORAGE ROOM & PIPE TIRE RACKS ● SHED ● ASPHALT PARKING LOT ● TREES ● PERIMETER FENCING ● HIGH TRAFFIC COUNT ● ALL VEHICLES ON SITE TO BE REMOVED BY AUCTION DATE.
● SEPTIC TANK ● +/- 7,812 SQ. FT. METAL BUILDING ON CONCRETE SLAB – BUILT IN 1982 - FEATURES A +/- 620 SQ. FT. OFFICE/WAITING AREA W/ BATHROOM & COUNTER & SHOP IS +/- 7,192 SQ. FT. WITH (11) 12’ x 14’ ROLL UP DOORS, (5) HYD. CAR LIFTS, STORAGE ROOM & PIPE TIRE RACKS ● SHED ● ASPHALT PARKING LOT ● TREES ● PERIMETER FENCING ● HIGH TRAFFIC COUNT ● ALL VEHICLES ON SITE TO BE REMOVED BY AUCTION DATE.
GO TO TERMS & CONDITIONS FOR BUYER INFO.


 
TERMS & CONDITIONS
EVERYTHING SELLS AS IS ● ALL SALES ARE FINAL ● TO BID ON THE REAL ESTATE : BIDDERS MUST PRESENT- A CURRENT DRIVER’S LICENSE & A $5,000.00 CASHIERS CHECK MADE PAYABLE TO THEMSELVES OR $5,000.00 IN CASH BEFORE THE AUCTION. THIS WILL SERVE AS A NON - REFUNDABLE DEPOSIT OF DOWN PAYMENT FOR THE SUCCESSFULL BUYER. ALL NON- SUCCESSFUL BIDDERS WILL BE RETURNED ALL DEPOSITS. ALSO** EVERYONE MUST HAVE - EITHER A BANK LETTER OF GUARANTY (See Web Site Home Page for Example) OR A BANK LOAN APPROVAL LETTER FOR YOUR MAXIMUM BID AMOUNT ** ANY REALTOR'S PARTICIPATION WILL BE AT THE EXPENSE OF THE BUYER. BUYER WILL PAY ALL CUSTOMARY CLOSING COSTS, SURVEY- ($531.25), TITLE POLICY & PRO-RATA 2019 TAXES & ANY CHANGE ON EXEMPTIONS ON TAX BASE. ** CLOSING WILL BE WITH-IN 45 DAYS OF THE AUCTION. - WE HAVE A CURRENT 2018 SURVEY & TITLE COMMENTMENT. WE WILL CLOSE AT FREESTONE TITLE IN FAIRFIELD. THE PROPERTY WILL SELL WITH NO LEINS & CLEAR TITLE. PROXY BIDDING IS AVAILABLE- CALL FOR DETAILS. CONTENDING BIDDER WILL HAVE OPTION OF A BACKUP CONTRACT, IF BUYER DOESN’T CLOSE ACCORDING TO THE TERMS STATED ABOVE.
PROPERTY INSPECTION BY APPOINTMENT -CONTACT SCOTT HOLLOWAY -CELL-254.715.2508● EMAIL- scotthollowayrplus@gmail
● OPEN HOUSE & INSPECTION – WED. JANUARY 16 – 1 PM – 3 PM ●
● WE WILL START BUYER REGISTRATION @ 11 AM - 1 PM & AUCTION WILL START @ 1 PM. - DO NOT BE LATE! ●
● DON’T MISS THIS ONCE IN A LIFETIME GREAT DELVELOPMENT INVESTMENT OPPORTUNITY ●
FOR MORE INFORMATION & PHOTOS GO TO : www.billhallauctioneer.com
BILL HALL AUCTIONEER, INC.
P. O. BOX 339 SALADO, TX. 76571 ● 254.760.1156 ● EMAIL- billhall@hughes.net TXS 6949
TERMS & CONDITIONS
EVERYTHING SELLS AS IS ● ALL SALES ARE FINAL ● TO BID ON THE REAL ESTATE : BIDDERS MUST PRESENT- A CURRENT DRIVER’S LICENSE & A $5,000.00 CASHIERS CHECK MADE PAYABLE TO THEMSELVES OR $5,000.00 IN CASH BEFORE THE AUCTION. THIS WILL SERVE AS A NON - REFUNDABLE DEPOSIT OF DOWN PAYMENT FOR THE SUCCESSFULL BUYER. ALL NON- SUCCESSFUL BIDDERS WILL BE RETURNED ALL DEPOSITS. ALSO** EVERYONE MUST HAVE - EITHER A BANK LETTER OF GUARANTY (See Web Site Home Page for Example) OR A BANK LOAN APPROVAL LETTER FOR YOUR MAXIMUM BID AMOUNT ** ANY REALTOR'S PARTICIPATION WILL BE AT THE EXPENSE OF THE BUYER. BUYER WILL PAY ALL CUSTOMARY CLOSING COSTS, SURVEY- ($531.25), TITLE POLICY & PRO-RATA 2019 TAXES & ANY CHANGE ON EXEMPTIONS ON TAX BASE. ** CLOSING WILL BE WITH-IN 45 DAYS OF THE AUCTION. - WE HAVE A CURRENT 2018 SURVEY & TITLE COMMENTMENT. WE WILL CLOSE AT FREESTONE TITLE IN FAIRFIELD. THE PROPERTY WILL SELL WITH NO LEINS & CLEAR TITLE. PROXY BIDDING IS AVAILABLE- CALL FOR DETAILS. CONTENDING BIDDER WILL HAVE OPTION OF A BACKUP CONTRACT, IF BUYER DOESN’T CLOSE ACCORDING TO THE TERMS STATED ABOVE.
PROPERTY INSPECTION BY APPOINTMENT -CONTACT SCOTT HOLLOWAY -CELL-254.715.2508● EMAIL- scotthollowayrplus@gmail
● OPEN HOUSE & INSPECTION – WED. JANUARY 16 – 1 PM – 3 PM ●
● WE WILL START BUYER REGISTRATION @ 11 AM - 1 PM & AUCTION WILL START @ 1 PM. - DO NOT BE LATE! ●
● DON’T MISS THIS ONCE IN A LIFETIME GREAT DELVELOPMENT INVESTMENT OPPORTUNITY ●
FOR MORE INFORMATION & PHOTOS GO TO : www.billhallauctioneer.com
BILL HALL AUCTIONEER, INC.
P. O. BOX 339 SALADO, TX. 76571 ● 254.760.1156 ● EMAIL- billhall@hughes.net TXS 6949
 

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Bill Hall Auctioneer,Inc
( 254) 760-1156
Salado TX 76571