WELCOME, the Estate of George T Martin. Jill Burke, Executrix, has authorized Allen Real Estate Services LLC to sell TO THE HIGHEST BIDDER the Lot and all improvements located at: 336 Zandale Dr, Lexington, KY 40503, DB 1375, Pg 800 containing 0.2609 acres +/-; 1 residential dwelling, detached 2 +/- car garage, kitchen equipment & appliances, and window treatments will remain with the property unless otherwise noted in the auction contract. Register and bid at: www.allenauctionsky.com The Property will be sold “as is” with no warranties or contingencies of any kind. All inspections are the responsibility of the purchaser and must be made prior to the auction date. Owner/agent will provide reasonable access to the property for said inspections. A 10% buyer’s premium will be added to the final bid to determine the final sale price. The Purchaser will pay 10% down the day of the sale and the balance of payment and closing will take place on or before 30 days from the date of the auction and TIME IS OF THE ESSENCE. 1. All Inspections are the responsibility of the Buyer, the real estate is sold “as is” where is with no contingencies and all sales are final. 2. Descriptions: Every effort has been made to promote and advertise the auction with the correct data, descriptions, and information. We will not intentionally mislead anyone as to the condition of the lot & improvements. The buyer should inspect the property PRIOR to the Auction and Prior to Bidding. If you have a question or concern about any item or real property please do not bid on it because all sales are final. 3. Mistakes: If a mistake is found in printed material or at the live auction lease bring it to the Auctioneer’s attention prior to the start of bidding so that it can be addressed. We make no warranties as to the condition of any item or real property, expressed or implied. 4. Registration: All bidders must be properly registered and financially qualified prior to bidding. By bidding, the bidder agrees that they have read, understand, and agree to all the terms & conditions set forth herein, all printed material, and contained in the real estate sale & purchase contract. If you have not read, understand, & agree with the terms or the sale & purchase contract, do not bid on the property. The Sale & Purchase contract is posted on our website. If you have any questions or concerns, call our office (859) 253-1818. 5. Sale Contract, execution, and down payment: The successful bidder(s) must execute/sign the real estate sale & purchase contract and provide the Auctioneer with a non-refundable earnest money deposit in the amount of 10% of the final sale price made payable to Allen Real Estate Services Auction Escrow account which will be deposited & held at the Bank of Lexington. Said deposit will be credited to the buyer at closing or forfeited if the buyer is unable perform. The balance of the purchase price is due at closing, said closing to be on or before 30 days from the date of sale and “Time is of the Essence”. 6. Condition: The property is purchased “AS IS” and is not subject to any contingencies including but not limited to: Financing, Appraisal, Survey, or Inspections of any kind, as agreed by the bidders at registration prior to bidding and specified in the sale & purchase agreement/contract. 7. Transfer of Title: A deed of general warranty with the usual covenants & restrictions shall be executed and presented to the buyer at closing, conveying to the buyer a title to said property which shall be free of all encumbrances of every kind with exceptions, if any herein mentioned: 8. Buyer’s Premium: A 10% buyer’s premium will be added to the winning bid to determine the final sale price of the property. Example: $100,000 winning bid, buyer’s premium is $10,000 the final sale price would be $110,000. 9. Default: Auctioneer reserves the right to sell to the second highest bidder in the event the successful bidder defaults or does not comply with the terms and conditions of the sale. 10. Disputes: If any disputes arise, all parties to the sale agree to go to the Mediation Center of Kentucky, 125 Church St, Lexington, KY 40507 for resolution before trying in a court or before filing any formal complaint with any licensing board. 11. Inspections: the property is sold “AS IS” and any inspections the buyer/bidder may want are at the buyer’s expense and must be done prior to the auction. Reasonable access for inspections will be given by the seller. 12. Taxes & Closing Costs: Real Estate taxes will be adjusted and prorated to the date of deed transfer. Closing costs are the responsibility of the buyer. Deed prep & transfer taxes to be paid by seller. 13. Auctioneer/Broker/Seller Disclaimer: The information contained herein is believed to be correct to the best of the auctioneer’s knowledge. The information is being provided for the bidder’s convenience and it is the bidder’s responsibility to determine that the information contained herein is accurate and complete. The property is selling in its ‘as- is’ condition with no warranties expressed or implied. 14. The minimum bidding Increments are set as follows: unless otherwise announced at the live auction: Minimum Bid Amount Increments for this auction are $5,000 until the last 3 active bidders remain when the allowable bid increments will be reduced to $2,500 and then $1,000 for the final 2 bidders. For additional property information or to set up a property inspection, call Tom Allen, Broker/Auctioneer (859) 509-2222) For additional Auction information, call Allen Real Estate Services LLC; Tom Allen, Principal Auctioneer, Principal Broker, Certified General Appraiser (859) 509-2222 tabuynow@aol.com. Office Phone (859) 253-1818. Or website www.AllenAuctionsKY.com