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UID:110160
DTSTAMP:20231025T080000
DTSTART:20231025T080000
DTEND:20231120T130000
SUMMARY:Guthrie 5 Acre Tract\, Travel Trailer\, & Equipment
LOCATION:10712 Cottonwood Dr\, Guthrie\, OK 73044\, US
DESCRIPTION:DATE & TIME Auction Closes: Monday\, November 20th @ 1:00pm L
 OCATION & DIRECTIONS 10712 Cottonwood Dr\, Guthrie\, OK\, 73044
  SALE INFORMATION TERMS AND CONDITIONS Buyer Registration: B
 y registering and accepting a number\, all bidders agree to a
 bide by all of the Terms of Sale. Bidder Verification: The i
 dentity of all bidders will be verified\, bidding rights are 
 provisional\, and if complete verification is not possible\, B
 ray Auctions LLC. will reject the registration and bidding a
 ctivity will be terminated. Auctioneer Rights: All decisions
  of the Auctioneer are final. The Auctioneer reserves the ri
 ght to reject any bid or bidder and has the right to accept 
 back-up contracts the day of sale. Bray Auctions LLC. has th
 e sole authority to resolve any bidding disputes as they may
  arise. Bray Auctions LLC. reserves the right to remove or c
 ancel the bids and or bidding rights and privileges of any p
 arty\, deemed not to be in the best interest of the seller\, a
 t any time. Online Only Earnest Money Deposit: At the close 
 of the auction\, the successful high bidder will be emailed\, 
 faxed or delivered the contract package to execute and retur
 n to Bray Auctions LLC.  within 24 hours.  The successful 
 bidder will also be required to submit an Earnest Money Depo
 sit of $5\,000 via certified check or wire transfer to the de
 signated Closing Agent for Escrow within 24 hours. The entir
 ety of the remaining balance is due at closing. Purchaser sh
 all be responsible for all wire transfer fees. Deposit funds
  are non-refundable unless title cannot be transferred Buyer
 s Premium: A 10% buyer’s premium will be added to the high
  bid price to determine the Total Contract Price. 10% Buyer
 s Premium Example: Bid Price: $100\,000 Plus 10% Buyer’s 
 Premium: $10\,000 Total Contract Price: $110\,000 Contracts: A
  Contract Package will be sent by e-mail\, fax or overnight t
 o the successful high bidder\, who must execute and email\, fa
 x or overnight mail back to Bray Auctions LLC. within 24 hou
 rs of receipt. If the successful high bidder does not execut
 e and return the contract along with an earnest money deposi
 t within 24 hours of receipt they will be considered in defa
 ult and subject to legal action. This is a legal binding con
 tract. Technical Issues: Neither the company providing the s
 oftware nor the auction company shall be held responsible fo
 r a missed bid or the failure of the software to function pr
 operly for any reason. The online bidding will begin to clos
 e at the specified time as per advertised. Please call 405-8
 88-5366 if you need assistance with the online bidding platf
 orm. Bidding Process: The Auctioneer reserves the right\, but
  has no obligation\, to bid on behalf of the Seller up to the
  undisclosed reserve price\, unless the property is declared 
 “Absolute” or the “Reserve has been met”. The bidder
 ’s number is nontransferable. All Sales are Final: By regi
 stering and bidding\, the buyer acknowledges they understand 
 and agree to the Terms of Sale. The Buyer acknowledges that 
 they have read the Auction Purchase and Sale Agreement and t
 he Terms and Conditions of the Auction Sale provided by Auct
 ioneer and accept the Auction Purchase and Sale Agreement wi
 thout any changes to the preprinted text. Representation: Al
 though information has been obtained from sources deemed rel
 iable\, the Auctioneers\, Bray Auctions LLC.\, its representati
 ves\, employees\, firm\, broker\, their attorney’s nor the Sel
 ler make any guarantee or warranty of any kind expressed or 
 implied as to the accuracy of the information herein contain
 ed. Property: The property\, offered for sale at the Auction 
 is being sold “AS IS”\, “WHERE IS”\, WITH ALL FAULTS A
 ND DEFECTS”\, without warranty or guarantee of any kind\, ex
 cept as expressly provided for in the Auction Purchase and S
 ale Agreement and Terms and Conditions of the Auction Sale. 
 Each potential Buyer is encouraged to perform his/her own in
 dependent inspections\, inquiries and due diligence concernin
 g the described property. The information is being furnished
  to bidders for the bidder's convenience and it is the respo
 nsibility of the bidder to determine that information contai
 ned herein is accurate and complete. Any reliance on the con
 tents shall be solely at the recipient's risk. It is the Buy
 er’s responsibility to inspect the property prior to biddi
 ng to make their determination as to the condition or seek p
 rofessional inspection (at the Buyer’s expense) of the pro
 perty. Buyer(s) agrees to accept property with its current z
 oning\, easements\, and any and all right-of-ways that carry w
 ith it. All information is taken from sources deemed to be a
 ccurate and reliable\, all measurements are approximate and n
 ot to scale. The Seller and the Auctioneers\, Bray Auctions L
 LC.\, contractors\, employees\, firm\, or brokers assume no liab
 ility in this matter. Any and all announcements made the day
  of auction take precedence over any and all previously writ
 ten advertisements or any prior written or verbal terms of s
 ale but shall in no event form the basis of any representati
 on or warranty by Seller or Auctioneers. By bidding on the p
 roperty\, you are accepting all terms and conditions stated h
 erein. Financing: The purchase is not contingent on obtainin
 g financing or qualification for financing. Buyer Default: I
 n the event a high bid is accepted and the Buyer fails to cl
 ose or comply with the terms of the Auction Purchase and Sal
 e Agreement\, then the earnest money will be forfeited as liq
 uidated damages\, but such forfeiture shall not affect any ot
 her remedies available to Seller for such failure. Indemnity
 : The Buyer assumes full responsibility and liability for an
 y claim or actions based on or arising out of injuries\, deat
 h\, damage\, loss of property\, sustained or alleged to have be
 en sustained by Buyer\, its agent\, principals\, associates\, fr
 iends\, family and/or employees\, in connection with or to hav
 e arisen out of or incidental to the auction including but n
 ot limited to the performance of this contract. Regardless o
 f whether such claims or actions are founded whole or in par
 t upon alleged negligence or negligent misrepresentation of 
 Seller\, Auctioneer\, or the employees\, agents\, invitees\, or l
 icensees thereof\, Buyer agrees to indemnify and hold harmles
 s Seller\, Auctioneer\, and their representatives\, and the emp
 loyees\, agents\, invitees and licensees thereof in respect of
  any such matters and agrees to defend any claim or suit or 
 action brought against Seller\, Auctioneer\, and their represe
 ntatives\, and the employees\, agents\, invitees and licensees 
 thereof. Environmental Disclaimer: The Seller and Bray Aucti
 ons LLC.\, agents\, contractors and employees do not warrant o
 r covenant with Buyer(s) with respect to the existence or no
 nexistence of any pollutants\, contaminants\, mold\, or hazardo
 us waste prohibited by federal\, state or local law or claims
  based thereon arising out of the actual or threatened disch
 arge\, release\, disposal\, seepage\, migration or escape of suc
 h substances at\, from or into the demised premises. Buyers a
 re to rely upon their own environmental audit or examination
  of the premises. Acreage and Square Feet: All acreages and 
 square feet descriptions are approximate. If there is a disc
 repancy between Bray Auctions LLC.\, or its representative an
 d the actual acreage and/or square feet as determined by a s
 urveyor or appraiser\, the price will not be adjusted. The st
 atements\, while not guaranteed\, are from reliable sources. A
 ny costs incurred in establishing boundaries shall be the re
 sponsibility of the buyer(s). Each sale is subject to easeme
 nts\, right-of-way\, reservation and/or restrictions of record
 . Closing: TIME IS OF THE ESSENCE. The balance of the purcha
 se price will be within 30 days from the Commencement Date\, 
 which is the date of mutual execution of the Purchase Sale A
 greement by the Seller and Buyer. The Seller at closing will
  convey the real estate with a Special or General Warranty D
 eed\, as specified by the Purchase Sale Agreement. Buyer is r
 esponsible for all customary closing costs associated with c
 losing to include but not limited to all transfer and record
 ing closing fees\, financing expenses\, title fees\, title insu
 rance\, survey\, easement and appraisal. Taxes will be prorate
 d from date of closing. BY REGISTERING TO BID\, YOU HAVE ACKN
 OWLEDGED: • I have read and agree to the Terms and Conditi
 ons of Auction Sale as set forth herein. • I have read\, un
 derstand and agree to all of the terms and conditions in the
  Auction Purchase & Sale Agreement and will sign the Auction
  Purchase & Sale Agreement without making any changes to the
  pre-printed text. • I understand that I do not have an ag
 ency relationship with Bray Auctions LLC.\, auctioneers\, firm
 \, broker and all parties employed by or associated with. •
  I accept full responsibility for due diligence on the real 
 estate I am bidding on. • I understand that all real estat
 e will be sold “As-Is\, Where-Is”. • I understand if I 
 am the successful bidder the sale of this property is not co
 ntingent upon obtaining a Certificate of Occupancy. • I un
 derstand that\, in the event I am the successful bidder of re
 al estate\, that a 10% Buyers Premium will be added to the hi
 gh bid and payable at closing as the Total Purchase Price. 
  I understand that\, in the event I am the successful bidde
 r of real estate\, and if I fail to close per the Auction Pur
 chase & Sale Agreement\, my earnest money deposit(s) will be 
 forfeited. • I understand these Terms and Conditions will 
 become part of the Auction Purchase and Sale Agreement if I 
 am the winning bidder. • In the case of a conflict between
  the Auction Purchase and Sales Agreement and Terms and Cond
 itions of Auction Sale for Real Estate\, the Auction Purchase
  and Sale Agreement shall control. BY REGISTERING TO BID\, YO
 U HAVE ACCEPTED THESE TERMS AND CONDITIONS OF AUCTION SALE.
  Additional Pictures and Drone Videography will be added sh
 ortly. Auction will be held online only. Download the Bray A
 uctions App for iOS and Android Devices or bid online by cli
 cking here. Prospective bidders are required to create an ac
 count and submit information for approval to bid. Showings b
 y appointment only. Terms On Real Estate: $5\,000 Deposit / E
 arnest Money Is Due At The Signing of the Contract\, Within 2
 4 Hours of Auction Close. A 10% Buyer's Premium Will Be In E
 ffect. For Any Questions\, Call Barrett Bray @ (405) 888-5366
  or Whitey Mason @ (405) 630-8670. Property Information 5 ac
 res selling at Absolute Auction! This Auction is online now 
 and will begin to close on November 20th at 1:00pm. Any valu
 e reflected is only the County Accessor value\, not the listi
 ng price. This is an Auction! Located at 10712 Cottonwood Dr
 ive\, Guthrie OK 73044 Directions: From I35 and Waterloo go 2
 .5 miles east to Douglas\, then north 2.5 miles to Pittman\, t
 hen east 1/2 mile to Cottonwood. Watch for signs! Auctioneer
 s note: Due to the Simpson Road fire the seller has decided 
 not to rebuild and is moving to another state to be closer t
 o family. Selling at Auction is a 5 acre tract located in so
 uthern Logan County. This property has a well and septic and
  is also located on a corner lot. This property was a victim
  of the Simpson Road fire back in the spring and the seller 
 has decided to move to another state to be closer to family.
  Everything has been cleaned up with all debris removed and 
 there are 3 slabs of concrete remaining. One is a 40x60 slab
 \, one is 26x26 and one is 24x30. There are many large oak an
 d pine trees with easy access to Douglas.
URL:https://www.bidbray.com/auctions/detail/bw110160
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