Saturday October 20, 2018
10:30 A.M.
We have been commissioned to liquidate property belonging to the Jeffrey L. Broyles Trust. This property was formerly the Lingo Farm and Lingo Packing House. Jeff's grandparents started Lingo Farms in 1949 and operated successfully for many years. This is truly a piece of local Jonesborough history. The property is being offered at public auction to be sold in tracts or as a whole. Developers take note, this property is surrounded by developments and is in a sought after area. Don't miss your chance to buy this property at auction prices. Online bidding will begin October 10th, 2018 and will close at the live auction on October 20, 2018
During the live auction groupings will be offered after Lots 1 and 2 have sold. At the end a groupings of all lots will be offered.
Any groupings are subject to 5% increase of the bid price of all lots.
Example: Lot 1 = $100,000
Lot 2 = $100,000
Grouping of Lots 1 and 2 = $200,000 + $10,000 (5%) = $210,000
If a bid of $210,000 is made, then bidding will reopen under a different lot.
Please use the comments section to ask questions during the live auction.
Bidding Notice:
Real Estate 10% deposit the day of the sale, balance due at closing within 30 days. 10% Buyer's Premium will be added to final bid and successful bidder will be required to sign a note for the entire sale price including buyer's premium which will be null and void upon completion of contract. Personal Property to be paid in full on day of sale. 10% Buyer's Premium applies to Personal Property. Lead Base Paint Waiver: Prospective buyers (bidders) shall receive a ten day opportunity prior to sale date to conduct a risk assessment of inspection for the presence of lead base paint hazards & must waive their opportunity to conduct any further inspections on sale day. This notice is for any house built prior to 1978. Cash, Credit Card or Good Check only. Notice: All information contained herein deemed reliable but not guaranteed. Auctioneer's statements day of sale will take precedent over all printed material. Online Winning Bidder will receive a contract to sign via email and will need to return executed contract and 10% deposit by wire the next business day following the auction.
Auction Notice:
During the live auction groupings will be offered after Lots 1 and 2 have sold. At the end a groupings of all lots will be offered.
This online auction will close live on site. If you are bidding online please be avaialbe starting at 10:30 a.m. on Saturday October 20, 2018 - logged in and ready to bid.
Any groupings are subject to 5% increase of the bid price of all lots.
Example: Lot 1 = $100,000
Lot 2 = $100,000
Grouping of Lots 1 and 2 = $200,000 + $10,000 (5%) = $210,000
If a bid of $210,000 is made, then bidding will reopen under a different lot.
Please use the comments section to ask questions during the live auction.