100 acres selling for United States Bankruptcy Court, East Side of US 49, Perkinston, Stone County, MS

Commercial Auction in East of US Hwy 49, Perkinston Mississippi, United States

12 Wednesday
12th May, 2021

100 acres selling for United States Bankruptcy Court, East Side of US 49, Perkinston, Stone County, MS

Commercial Auction in East of US Hwy 49, Perkinston Mississippi, United States

Wednesday at - 12th May , 2021

Notes



PROPERTY IS OFFERED UNDER THE SPECIFIC TERMS PROVIDED. PLEASE READ AND REVIEW THE TERMS THOROUGHLY PRIOR TO BIDDING ON ANY PROPERTY. Following your review of these terms, do not bid if you do not agree or accept. By placing a bid, you are accepting the terms of this auction and will be held to the terms as they are presented and updated. These terms create a legal binding contract between you and Taylor Auction & Realty, Inc. Documents presented at the website are a part of the terms. Terms are by order of Bankruptcy Court. This online auction is set for automatic approval. You may register for the auction and download any documents in regard to this auction. Taylor Auction & Realty, Inc. has put forth every effort in preparing the catalog for this auction to provide accurate description of the property. The property is sold as-is with no warranty written or implied by Taylor Auction & Realty, Inc. The following information is provided to you as a matter of convenience only, and no representation or warranty, expressed or implied, is made as to its accuracy or completeness by the auctioneer. All information obtained came from the trustee or third party sources. It is encouraged that you inspect the property you wish to purchase PRIOR TO THE ONLINE AUCTION. No sale will be contingent upon a property inspection by the successful bidder after the auction or is the sale contingent upon Buyer obtaining financing. You are expected to pre-qualify yourself with a lender before the auction. Printed statements or descriptions by staff or the trustee are provided in good faith and are matters of opinion. Bidders must conduct and rely solely upon their own investigations and inspection in regard to the condition and feasibility of the bidder’s intended use. The real property is being sold AS IS with any and all faults. Please review all information supplied and seek appropriate assistance prior to bidding at auction. Inspection: Please call our office at 662.226.2080. BIDDER REGISTRATION: In order for us to have enough time to conduct authorizations, it is encouraged that your register and bid early. Waiting till the last minute to register and/or become comfortable with the system could negatively affect your bidding. We encourage you to register at least 24 hours in advance of the auction. In order to better serve our customers, all bidders must provide their name, address, daytime phone number or cell number, and email address at which they can be contacted. This is to insure good communication between Taylor Auction & Realty, Inc. and the bidder throughout any transactions. Each bidder's identity will be verified. Bidding rights are provisional, and if complete verification is not possible, Taylor Auction & Realty, Inc. will reject the registration, and bidding activity will be terminated. BIDDING PROCEDURES: Online auctions move quickly! If you are interested in bidding, bid quickly; especially at the close of bidding time. The bidding software will notify bidders by email or text when they have been outbid. Bidders may also find out if they have been outbid by refreshing the individual lot information or the entire screen. Due to varying internet connection speed, please place a max bid or constantly monitor the auction at close of bidding. Sometimes email or text notifications can be delayed. If you win you will be notified by email. AUCTION END TIMES: All online only real estate auctions are timed events and are subject to auto extend. Online Auctions have an auto extend feature of 5 minutes. Any bid placed in the final 5 minutes of an auction, the auction ending time will be automatically extended 5 minutes from the time the bid was placed. The auto-extend feature remains active until no further bids are received within the 5 minute time frame. At close of auction, all bidders are encouraged to watch the catalog in case in goes into extension. All lot(s) will remain open during the extension period. Offering: The real estate is offered as a whole. A 10 % Buyer's Premium will be added to your final bid to equal the contract price. The hammer bid and the buyer’s premium establish the final price. Buyer's Premium example: Bid price ($100,000.00) + 10% Buyer's Premium ($ 10,000.00) = Total Contract price ($ 110,000.00) BUYER'S PREMIUM: Purchaser agrees to pay a premium of 10% of the bid price upon closing, which is equal to the agreed upon commission between Trustee, Agent and Purchaser. Purchaser recognizes and agrees that the 10% premium paid as commission in this transaction does not constitute purchaser representation CLOSING TIME: Closing: The sale is to be closed as soon as possible and no later than June 11, 2021. Time is of the essence. The trustee will pay for preparation of the deed of conveyance and prior real estate taxes past due. All other closing costs i.e. survey fees, title work and other fees associated with the closing are the buyer's responsibility. TAXES: 2021 ad valorem taxes are the full responsibility of the auction purchaser. Any prior year taxes will be paid by the trustee. POSSESSION: Purchaser shall receive possession of property at closing. ACREAGE AND AERIAL PHOTOS: Parcel Dimensions and acreages are based on legal descriptions but are not guaranteed. BIDDER BROKER PARTICIPATION: If you are utilizing a broker for bidding assistance, a Bidder Broker Participation Form is available. Please call our office for the form. RESTRICTIONS: Property restrictions are subject to all Specific City, County and State of Missississippi laws, ordinances and regulations. Property is selling to all easements of record. The owner does warrant that they have good merchantable title to the real estate and that they will convey the same with a deed, free from all encumbrances, liens or judgments at the time of closing. SPECIAL INSTRUCTIONS: Any special instructions must be written on sales contract today. Complete terms and conditions will be provided prior to auction day and specified within the Contract for the Sale and Purchase of Real Estate showcased in the Documents section of the project. AUCTION CONTRACTS: At the close of the auction, if the bid is accepted by the trustee, the bidders will be emailed a contract to be executed and returned to Taylor Auction & Realty, Inc. Successful bidder will deposit 10% of contract price per property in the form of cashier's check or wire transfer to Taylor Auction & Realty, Inc. within 24 hours of contract ratification by trustee. The entirety of the remaining balance is due at closing. Purchaser will be responsible for all wire transfer fees. You will be closing on property on which you are the successful bidder in the final manner in which you bid at the auction. AUCTION BID DEFAULT: Successful bidder not executing and returning the contract with earnest money deposit within 24 hours of the conclusion of the auction will be considered in default. In the event a winning bidder fails to submit the signed Contract for the Sale and Purchase of Real Estate and 10% of High Bid Price in earnest money deposit, the winning bidder will be charged a penalty fee of $1,000.00 on the credit card provided at auction registration. Additional default remedies are reserved by Taylor Auction & Realty, Inc. and the Trustee as provided in the Auction Terms and Conditions and the Contract for Sale of Real Estate. Taylor Auction & Realty, Inc. reserves the right to sell to the second-highest bidder in the event the successful high bidder does not comply with the terms of the sale. LIQUIDATED DAMAGES: If the buyer does not close within the stated time on the contract and a written extension has not been granted by the trustee, the buyer will forfeit all of the 10% escrow deposit. If such action occurs, Taylor Auction & Realty, Inc. hereby has the right to disperse the deposit as stated in the listing agreement and the buyer has no claims to such money or property being sold. Liquidated damages are to cover cost of auction, cost incurred by trustee, labor cost and additional cost of auction as not defined in this agreement. Taylor Auction & Realty, Inc.'s INVOLVEMENT IN THIS CONTRACT: Taylor Auction & Realty, Inc. is the agent of the trustee and their fiduciary duties of loyalty and faithfulness are owed to their client (the trustee). Taylor Auction & Realty, Inc. is not acting as a buyer's agent. TAR reserves the right to remove or cancel the bids and or bidding rights and privileges of any party, deemed not to be in the best interest of the trustee, at any time. Taylor Auction & Realty, Inc. reserves the right to cancel the auction at any time. The trustee and buyer hereby agree that Taylor Auction & Realty, Inc. is a part of this contract and shall receive compensation as stated in agreement hereto or as stated in listing agreement hereby made a part of. Auctioneer has the right to sell this Property in any form or fashion that is legal and ethical in order to produce the best offer to the Trustee. BROWSER INFORMATION: Google Chrome and Mozilla Firefox is the preferred Internet Browser for our bidding platforms. Because Microsoft is phasing out support for Internet Explorer 8, 9 and 10, bidders are more likely to have issues with Internet Explorer when using our website. SERVER & SOFTWARE TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Taylor Auction & Realty, Inc., reserve the right to lower the starting bids, extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE nor Taylor Auction & Realty, Inc. SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by Taylor Auction & Realty, Inc. Hold Har...

Description

United States Bankruptcy Real Estate Auction

Anita S. Gutierrez  Case No. 20-50129 NPO

Clayton F. Gutierrez Case No. 19-52320 NPO

Wednesday, May 12, 2021 @ 12:00 Noon

Online Only Bid Platform @ taylorauction.com

99.65 acres more or less, Perkinston, Stone County, MS

Site Description

Location:  East side of Perkinston, MS. More specific location:  east of Blundell Drive and north of Wire Road East within the Perkinston Community, Stone County, MS.  8.5 miles south of Wiggins, MS

Parcel #: 089-31-003.002

Gross Land Area: 99.665 acres; 26 acres in low areas

Flood Map: 28131C0250C Flood Map Date 06-16-2011 Flood Zone – X - minimal

Shape and Average Depth: Rectangular; 1676.72

Utilities: Electricity and Telephone. Public Water and sewer is available on the west side of Highway 49 and could be extended. Water lines stop approximately one-half mile of the subject on Wire Road

Street Frontage:  2601.69 on Hwy 49     Curb Cuts – 1

Traffic Count - 18000

General Terms:  10% Buyers Premium; Auction Purchaser will assume responsibility of current year ad valorem taxes.  Close no later than June 11, 2021. At the close of the auction, if the bid is accepted by the trustee, the bidders will be emailed a contract to be executed and returned to Taylor Auction & Realty, Inc. Successful bidder will deposit 10% of contract price per property in the form of cashier's check or wire transfer to Taylor Auction & Realty, Inc. within 24 hours of contract ratification by trustee. The entirety of the remaining balance is due at closing. Purchaser will be responsible for all wire transfer fees. You will be closing on property on which you are the successful bidder in the final manner in which you bid at the auction. Please read complete terms as detailed by auction info tab.

Credit Card and Driver's license is required at registration


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Information is subject to change.

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Location has been calculated by address and may not be 100% accurate.

Auction Items For Sale

United States Bankruptcy Real Estate Auction

Anita S. Gutierrez  Case No. 20-50129 NPO

Clayton F. Gutierrez Case No. 19-52320 NPO

Wednesday, May 12, 2021 @ 12:00 Noon

Online Only Bid Platform @ taylorauction.com

99.65 acres more or less, Perkinston, Stone County, MSa0b9c48e22595e3d3eebf2c97bacc8df0701b492.jpg

Site Description

Location:  East side of Perkinston, MS. More specific location:  east of Blundell Drive and north of Wire Road East within the Perkinston Community, Stone County, MS.  8.5 miles south of Wiggins, MS

Parcel #: 089-31-003.002

Gross Land Area: 99.665 acres; 26 acres in low areas

Flood Map: 28131C0250C Flood Map Date 06-16-2011 Flood Zone – X - minimal

Shape and Average Depth: Rectangular; 1676.72

Utilities: Electricity and Telephone. Public Water and sewer is available on the west side of Highway 49 and could be extended. Water lines stop approximately one-half mile of the subject on Wire Road

Street Frontage:  2601.69 on Hwy 49     Curb Cuts – 1

Traffic Count - 18000

General Terms:  10% Buyers Premium; Auction Purchaser will assume responsibility of current year ad valorem taxes.  Close no later than June 11, 2021. At the close of the auction, if the bid is accepted by the trustee, the bidders will be emailed a contract to be executed and returned to Taylor Auction & Realty, Inc. Successful bidder will deposit 10% of contract price per property in the form of cashier's check or wire transfer to Taylor Auction & Realty, Inc. within 24 hours of contract ratification by trustee. The entirety of the remaining balance is due at closing. Purchaser will be responsible for all wire transfer fees. You will be closing on property on which you are the successful bidder in the final manner in which you bid at the auction. Please read complete terms as detailed by auction info tab.

Credit Card and Driver's license is required at registration


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