AUCTION: May 10th, 2018

13 residential building lots near Ramona in the Foxfield II subdivision. FIRST FIVE LOTS CHOSEN SELL ABSOLUTE/WITHOUT RESERVE

Directions: From Ramona and 75, N 1 mile then E on W 3300rd. for 1/2 miles. Turn north on N3980 Rd approximately 3/4 mile to Foxfield Subdivision.

Auction Overview

AUCTION DATE & TIME:
May 10th, 2018 @ 6pm

AUCTION LOCATION:
OFFSITE – The Arena
5884 Arena Dr.
Sperry, OK 74073

OPEN HOUSE / INSPECTIONS:
View at your convenience during daylight hours

BUYER-BROKER:
3% Buyer Broker Compensation

Foxfield II is located less than 2 miles from Ramona and ½ mile east of Hwy 75, making a convenient commute to Tulsa and Bartlesville. Great opportunity to live in the country with all the amenities of a subdivision. Tulsa is only 30 minutes south and Bartlesville just 20 minutes north of the subdivision.

LICENSE INFO:  OK RE Lic# 159708 Ronn Cunningham | Cunningham Johnson Auctions LLC

13 residential lots roughly 1+/- acre in Foxfield II which is roughly 50% developed in a well-kept subdivision.

SCHOOLS:

  • Ramona

UTILITIES:

  • Water:     Washington County Rural Water Dept.
  • Electric:  REC
  • Sewer:    Septic. Each lot has been perk tested.
  • Gas:        Propane

All map & boundary illustrations are approximate – please refer to survey.
Property pictures & video represent identified parcel(s) however, pictures & video may show multiple parcels and/or property not included in the auction.

Property Video

Photos

All map & boundary illustrations are approximate – refer to survey.

DISCLOSURES:

• All parcels subject to any existing recorded easements.
• Locations of parcel signs, maps, and picture illustrations are for reference only. Refer to surveys for boundaries if available and/or legal descriptions. Fence lines may not follow property boundaries per survey.
• If property divides, all abstracts covering any individual parcel will be placed on deposit with said title company to be held for the use of any and all future buyers. Buyers are responsible for the cost of supplemental abstract(s).
• No minerals convey.

Terms & Conditions:

• 3% Buyer’s Premium applies to this sale. Buyers-premium is an additional fee (3% of high-bid amount) paid by the high-bidder.
• All properties are being sold ‘as is, where is’ and are not subject to financing, inspections or any other contingencies.
• CJ Auctions represents the seller only.
• The high bidder must make a 10% (Min $5,000) non-refundable deposit on sale day (cash, personal or cashier checks)
• Buyer will receive deed and title insurance.
• Buyer will pay for (but not limited to) the survey, closing fee, title policy. Taxes will be prorated through date of closing.
Balance and closing costs are due 30 days from seller acceptance or 30 days from sale date if selling absolute.
• First 5 lots chosen sell without reserve, the balance will be subject to seller confirmation.
• All bidders must register with CJ Auctions prior to bidding (registration is held 1-hour prior to auction) and provide a driver’s license or government-issued identification.
• Absentee bidders must pre-register and qualify through CJ Auctions 48 hours prior to sale day.
• All persons inspecting the property, attending an open house or auction do so at their own risk and shall not hold CJ Auctions or their agents liable for damages to their person or property.
• ONLINE BIDDING: Individuals must wire 10% of opening bid amount (minimum $10,000) 48 hours prior to auction to be fully authorized to bid online. Contact CJ Auctions at 918 550 8118 for detailed wiring instructions. (Note: If property is selling by the acre then opening bid is multiplied by the total acreage)

LICENSE INFO:  OK RE Lic# 159708 Ronn Cunningham | Cunningham Johnson Auctions LLC

Method of Sale:

Buyer’s choice may be offered when more than one property/parcel is being auctioned
• Successful high bidder wins the right to choose a property/parcel or properties/parcels from a grouping of similar or like-kind properties
• After high bidder selection, the property is deleted from the group and the bidding commences again
• Process continues until all properties/parcels are selected