TERMS:

TERMS & CONDITIONS

United Country

Garrett Realty & Auction

847 N RR 783

Harper TX 78631

Legal Description

ABS A0247 MARTINEZ, SUR 124,ACRES .5

• The property will be sold at Public “Online - Internet Auction”, ending Monday April 1st at 2:00pm CST (soft close)

• The property will be sold subject to seller’s confirmation (sells with reserve).

• Property sells As-Is with no warranties expressed or implied

• The auction is Subject to prior sale (the property can be purchased prior to the end of the auction)

• The seller reserves the right to cancel the auction at any time prior to the final bid closing

• Buyers Premium

o A 10% buyer’s premium will be added to the final bid and charged to the buyer, the final bid plus the 10% Buyer’s

premium will establish the final sales price.

• A down payment of TEN PERCENT (10%) of the final bid price must be paid by the successful bidder by direct wire transfer

within 24 hours of acceptance of the auction contract by the sellers. Down payment will be payable to Kerr County Abstract &Titles Located at 712 Earl Garrett St. Kerrville TX 78028.

The down payment deposit will be non-refundable; your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing. The balance of the purchase price will be due via a wire transfer to the closing company, on delivery of insurable title on or before Wednesday, May 1st, 2024

 A promissory note will be signed along with the down payment.

• Final closing is NOT contingent upon financing.

• The property will be conveyed by a Warranty Deed

• The seller agrees to furnish buyer(s) with an owner’s policy of Title Insurance Policy at closing.

• Real Estate Taxes: the taxes will be prorated to the day of closing.

• Closing:

o Closing shall take place at the office of: Kerr County Abstract & Titles

o Closing fee will be paid by the buyer.

o Closing will be held on or before May 1st, 2024

• Possession will be granted at final closing.

• The successful Bidder shall execute electronically an “Auction Real Estate Sales Contract” for the property immediately after being

declared the Successful Bidder by the Auctioneer.

• Each potential Bidder is responsible for conducting at their own risk, their own independent inspections, investigations, and due diligence concerning the property. Further; Property sells as-is with no warranties expressed or implied

United Country| Garrett Realty & Auction and their representatives are exclusive agents of the Seller.

• All announcements made up to the final close of the Auction bidding take precedence over all advertising, oral or printed material.

• All information was gathered from reliable sources and is believed to be correct as of the date this brochure is published; however the seller or auctioneers have not independently verified this information. Auction plats and drawings are not to be relied on and are for representation purposes only. Its accuracy is not warranted in any way. There is no obligation on the part of the sellers or auctioneer to update this information.

ONLINE AUCTION TECHNOLOGY DISCLAIMER:

Under no circumstances shall bidder have any kind of claim against United Country | Garrett Realty and Auctions, broker of record or anyone else if the internet service fails to work correctly before or during the auction. Online bidding issubject to technology faults and issues which are outside the control of the auction company. Bidder(s) areencouraged to use the “Maximum Bid” feature on the bidding platform and lock in their maximum bid amount If they are concerned about technology failure during the auction.

SALE SITE: Internet Only

WWW.letshaveanauction.hibid.com

VIEWING INSTRUCTIONS: By Appointment

The viewing of the property will be at the viewer’s own risk. The Seller, Auctioneer nor the Listing Agency may not be held responsible for accidents.

For questions call or text Trey Garrett at 580-369-8689

I do hereby agree to these Auction Terms & Conditions.

BIdder ______________________________________