These conditions of sale supersede any prior oral or printed statement and will be attached and become part of the sales contract.

Southeast Auction Company has a contract to sell building and lot located at 6530 Pocahontas Rd, Bessemer, AL 35022 . The building is approximately 2,500 sq. ft. +/-. The lot size is 3.10 +/- acres.

The property and building are being sold AS IS with no warranties of any kind whether expressed or implied, including, but not limited to, habitability or fitness for a particular purpose. This property will be sold subject to any existing right-of-way, easements, encroachments, restrictions of record, zoning, flood plain, health department regulations, public utilities, any state and local laws and the terms and conditions of the sales contract.

Closing cost will be paid by the buyer. The auction begins on February 8, 2024 and ends on February 22, 2024. Closing will be on or before March 23, 2024 (30 days after end of auction). Closing will be at Downs and Davis Law, 20038 Highway 11, Woodstock, AL 35188.

Terms of sale will be 20% down payment to be paid within 72 hours upon being rewarded the winning bid. A 10% buyer’s premium will be added to the winning bid price to arrive at the total contract price. This sale is not contingent on buyer obtaining financing. The purchaser shall be required to sign the sales contract and pay the required down payment to the auction clerk at Southeast Auction Company in Tuscaloosa and will be held in their escrow account until closing.

If the purchaser fails to close and pay his/her balance when due, the down payment shall be retained by the Seller as liquidated damages. Buyer and Seller acknowledge that the actual amount of damage sustained by the Seller, in the event the buyer fails to close the subject property are impossible to ascertain; therefore, the parties hereby agree upon the amount of the down payment as liquidated damages.

All bidders must register online and be approved by auction company to bid.

The Seller and Southeast Auction Company make no representation or warranty as to the availability of utilities or adequacy or suitability for the Purchaser’s purposes. The Seller and Southeast Auction Company make no representation or warranty as to concurrency or zoning. Purchaser agrees that purchaser is not relying on any warranty or representation of Seller, or any agent and the purchaser is buying the property “AS IS-WHERE IS” subject to all faults and without any expressed or implied warranties of any kind, including but not limited to the environmental condition of the property.

All information furnished by the Seller and Southeast Auction Company is believed to be correct but is not guaranteed. No warranties, statutory or otherwise, expressed, or implied are given by the Seller or Southeast Auction Company. It is the bidder’s responsibility to inspect the property and be satisfied as to its condition prior to the auction.

All decisions of the auctioneer shall be final; including but not limited to decisions on matters such as increment of bidding, disputes among bidders, order of bidders and any other issues that may arise during the sale.

Southeast Auction Company is selling agent only and makes no representation concerning this property whatsoever. Southeast Auction Company represents the Seller in all transactions concerning this sale.

Please contact Michael at (205) 758-3068 for appointment to inspect building and property