Auction Information
Online Bidding Site54.53 Lakefront Acres divided in 3 Tracts
AUCTION...54.53 LAKEFRONT ACRES IN 3 TRACTS AT CITY LAKE
Saturday, May 4th at 11:00am - 955 CR 3015 in Bonham, Texas
Buy Any Tract, Any Combination of Tracts or Buy All 54.53 Acres
Tony Langdon Auction Properties 214.876.5950
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REAL PROPERTY: 54.53 Acre property located on the shore of the 64ac City Lake. Sells divided in 3 Tracts. Prospective Buyers have the option to buy any tract, any combination of tracts or buy all 54.53 acres. Tremendous development potential, extremely private, incredible homesite locations, great views. Enjoy living in the country with shopping, dining, recreation, and entertainment just minutes away. Located less than 5 miles from Bonham Downtown Square with easy access to major highways.
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LIVE AUCTION: The 54.53ac property will be offered For Sale in a Live, Audible Auction, conducted by a Licensed Auctioneer on SATURDAY, MAY 4TH AT 11AM CST. The Auction wil...
LIVE AUCTION: The 54.53ac property will be offered For Sale in a Live, Audible Auction, conducted by a Licensed Auctioneer on SATURDAY, MAY 4TH AT 11AM CST. The Auction will be conducted on site at the property with Registration beginning at 9:00am on the day of the Auction. The property will sell "AS IS". It is the sole responsibility of potential Buyers to inspect and research the properties prior to the Auction.
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REAL ESTATE TERMS: A 10% Buyer's Premium will be added to the High Bid attained at Auction to constitute the Total Contract Price. The Non-Refundable 10% Buyer's Premium will be paid the day of the Auction when the Contract is executed by Cash, Cashier's Check or a Personal/Business Check will be accepted if accompanied by a "Bank Letter of Guarantee" or other "Proof of Funds". The Balance will be due at Closing, on or before, Thursday, June 6, 2024 at 5:00pm Central Time. Buyer is responsible to attain his or her own Financing prior to Closing.
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ONLINE BIDDING: If you are unable to attend the Live Auction on-site... you can participate in Real-Time Online Bidding that will be available through PROXIBID beginning at 10:30am on the day of the Auction. Pre-registration with PROXIBID is required. 11% Buyer's Premium will apply if bidding online with Proxibid.
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AGENT INCENTIVE: Real Estate Agents are eligible to receive a 2% Commission. Bring your Buyer and Co-Register the day of the Auction. The Real Estate Agent of the successful Buyer will receive a 2% Commission of the Auction Strike Price to be paid the day of Closing. Real Estate Agents participating as a Principal to the transaction or are an Immediate Family Member of the Buyer are ineligible for the Agent Incentive.
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OPENING BID: $5000/ACRE
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REAL ESTATE PREVIEW: This property may be viewed by appointment only. Call to schedule an appointment. Contact Tony Langdon at 214.876.5950 for additional information
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