Bankruptcy Auction, Case #20-21213-JRS

BANKRUPTCY CASE #20-21213-JRS Home with Views in North Georgia Mountains ONLINE AUCTION 517 Salacoa Vista, Jasper, GA 30143 Salacoa Highlands Subdivision BID DEADLINE (Starts to Close): Wed, Jan. 4th at 10 AM ASSET DESCRIPTION: Property consists of two adjoining Pickens County Tax Parcels, 056D-019 and 056D-020. The cabin is located on Pickens County Tax Parcel 056D-019. Built in 2001, the 1,417+/- sq. ft. cabin contains 2 bedrooms / 3 baths and loft on a 1.51+/- acre lot. There is also a wooden garage / shed on the property. The adjoining property, Pickens County Tax Parcel 056D-020, is a 1.51+/- lot. Both parcels are being sold together. AUCTIONEER'S NOTE: The property is selling on an "as-is" basis. It has been identified that the chimney is in need of repair. We ask all bidders to rely on your own inspection to determine what repairs are needed. ONLINE BIDDING REGISTRATION: Online bidding to begin on December 26th, 2022. INSPECTION: Inspection times to be posted soon. Please do not disturb the occupant or attempt to access the property without permission from the Auctioneer. TERMS: Non-refundable earnest money deposit of 10% of the purchase price required within 24 hours of contract acceptance. Earnest money to be wired directly to Trustee. Closing to occur within 30 days of contract acceptance. LEGAL CONTRACT: Your participation in our auction is your acknowledgment and acceptance of the terms and conditions presented here. Your failure to adhere to any of these terms and conditions may constitute a breach of contract and may cause irreparable harm to Auctioneer and/or our client. In this event, we and/or our client(s) may attempt to recover any financial or other damages by pursuing any action afforded by law. BUYER'S PREMIUM: There is NO buyer's premium for this auction. BUYER'S NOTE: Real estate is being sold "AS IS, WHERE IS" with no warranties expressed or implied. Buyers should carefully inspect. The real estate is subject to sale prior to auction end date. Online bid increments are at Auctioneer's discretion. CLOSING: Purchaser responsible for designating closing attorney and all associated costs. Property to close within 30 days of contract acceptance