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Auction begins to close on Sunday, November 24 at 8:00 pm EST
ONLINE ABSOLUTE REAL ESTATE AUCTION
BRICK HOME AND LOT
LOCATED AT 118 GEORGIA STREET, VERSAILLES, KY 40383
AUCTION ENDS ON SUNDAY, NOVEMBER 24, 2024 AT APPROXIMATELY 8:00 P.M. EST
PUBLIC PREVIEW - SATURDAY, NOVEMBER 16 FROM 2 PM TO 6 PM
RM McGINNIS, LLC Real Estate & Auction Professionals have been authorized to offer this nice home and lot at public on-line auction, and to sell to the highest bidder. The brick home has 3 bedrooms, a full bath, a half bath, living room, eat-in kitchen, and large den with fireplace. There is also a nice 2 car detached garage. Public records indicate the lot size to be 75 ft wide and 125 ft deep.
The home features Window World insulated windows, Leafguard guttering, a Generac 22kW-200 amp back-up generator, and the primary bath includes a SafeStep walk-in tub. The range, refrigerator, and dishwasher will remain with the home.
Buyer's Premium - A 10% buyer's premium will be added to the winning bid amount. The bid amount plus the buyer's premium amount will be the Purchase Contract Price.
Payment Terms - A 10% non-refundable earnest money deposit based on the Purchase Contract Price in the form of cash, a certified bank check, or wire transfer is payable to RM McGINNIS, LLC Escrow within 24 hours of the close of the auction. The balance is due on or before December 24, 2024, with deed and possession.
Real Estate Taxes - The 2024 real estate taxes will be prorated to the date of deed transfer.
Insurance - Seller will maintain current insurance coverage until closing. Buyers are advised to insure the property to their satisfaction.
Estate of Cleveland Young, Seller
This home is located in the desirable Merewood Subdivision just off the US60 Bypass, making this a very convenient location to Lexington and Frankfort. With just a little updating, this will make someone a fine home or investment property!
Auction Contacts - Anita Stucy - 859-940-0120 & Lee Brogle - 859-247-0729
THIS IS AN INTERNET ONLY AUCTION. All bidding will be done on-line. Review the complete terms and conditions, register, and bid at https://rmmcginnis.hibid.com or go to www.rmmcginnis.com and click on the ONLINE AUCTIONS button.
Ritchie McGinnis - Principal Auctioneer and Real Estate Broker
Auctioneers - Ronnie Sims, Earl McRay, Jeff Rogers
Apprentice Auctioneers - Anita Stucy, Lee Brogle
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