NOT SOLD (BIDDING OVER)
0.00USD+ applicable fees & taxes.
This item WAS NOT SOLD. Auction date was 2009 Apr 04 @ 12:00UTC-6 : CST/MDT
Bidders should obtain the Property Information Package to become familiar with the property and auction terms and conditions.
Spectacular old West setting on 30 acres of land situated 10 miles along the main paved road into Terlingua Ranch Lodge. The main adobe house (2,712 sq ft) in the style of an old Chihuahuan hacienda and a second adobe house (1,487 sq ft) used as an office/studio. The desert mountain scenery is stunning, the wildlife abundant and the area one of tranquil beauty. The night skies provide some of the best stargazing in the northern hemisphere. The quiet is amazing. This small ranch must not only be seen, but felt.
This property, with its unique buildings and scenery is the ideal getaway - serene and tranquil it evokes the West of a hundred years ago.
This is a turnkey sale: walk in and take possession of all of the antique and/or custom built furnishings, an outfitted kitchen and artwork and antiques from five continents, including a 500 year old Castilian walnut dining set. Ideal for a second home or for a corporate executive retreat.
See the Property Information Package available from Linda Welsh Auction for details about the property. Photos available at http://www.tourfactory.com/483702
Auction Location:
3801 N. Capital of Texas Hwy, Austin, Texas, United States
Previewing Details:
March 21 & 22, 2009 and by appointment
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
0% |
Additional Fees:
Shipping Details:
No Info Available
Payment Details:
No Info Available
Due to the remote location of this property, this auction will be an internet bid auction. The minimum bid is $ 800,000 (eight hundred thousand dollars). Bidding will close at noon Central time on Saturday April 4, 2009. The Sellers will confirm the winning bidder by 3 pm on Saturday April 4, 2009. The accepted final high bid will be the total Purchase Contract Sales Price.
For an individual or corporation to be approved as a bidder for the auction, bidders must also provide evidence of financial capability-see page 14 of the Property Information Package. Contact Leo Welsh at Leo@LindaWelshAuction.com or by phone at 512-263-1030 if you have any questions about registering for this auction.
Within 2 business days after the auction ends (noon on Wednesday, April 8, 2009), the successful bidder must deliver a signed Purchase and Sale Agreement to Escrow Agent (Gracy Title) and deposit sufficient funds with the Escrow Agent to make a non-refundable earnest money deposit of $ 25,000. Additionally, the successful bidder must deposit an additional $ 50,000 non-refundable earnest money deposit with Gracy Title by April 13, 2009. The balance of the Total Purchase Contract Sales Price will be due at Closing.
Closing will take place on or before Friday April 24, 2009 unless otherwise agreed upon in writing by the seller.
The property is being sold in "as is" condition without acceptance of any contingencies. Bidders are responsible for their own inspection of the property. Purchasers' obligation to close on the property shall not be contingent on Purchaser's ability to obtain financing, or any inspections or any other contingencies. Purchaser should have their financing arrangements, if necessary, in place prior to bidding at auction.
If you are the successful bidder, you will sign the Purchase and Sale Contract. This is a legal document; consult your attorney if you have any questions on this document.
If you are represented by a Broker as your Buye