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Welcome to R & G Auction Services.

We are Liquidators of Real Estate, Personal Property and Business Assets.

Robert is a Licenced Realtor with Arkansas Homes and Land Realty in Cabot Arkansas.

 
 
Absolute Auction
 
Selling Regardless of Price to the Highest Bidder on

   June, 29 2006 at 10:00 A.M.




Liquidating the Arkansas Real Estate Holding for Franz Rehfeld.



Location of Auction for Both Properties: 

305 SE 9th Street, England, Arkansas.

Directions to Property Number One:

305 SE 9th Street, England, Arkansas

Exit on to Hwy 165 South off of Interstate 440 in North Little Rock, go south through Scott and Keo(be careful of speed trap, go to the second red light in England and turn left. Go to SE 9th Street and turn right. Go two block, house is on your left. Look for sign.

Directions to Property Number Two:

1104 Tupelo, Pine Bluff, Arkansas

Interstate 530 south out of Little Rock. Exit the freeway at Hwy 270 West to Sheridan, at light turn left follow signs for Hwy 365. At the intersection of Hwy 365(Dollarway) turn right and go about 1/2 mile, then turn right on Tupelo(across from Sonic). Trailer park is at the end of road on your right.


Property Description Number One:


305 SE 9th Street, England, Arkansas. A two story 7188 square foot Ranch Style Home with 5 bedrooms and 3 and 1/2 baths. Open house will be held at the Nichols Street home on Saturday the 3rd, 10th and 17th of June, 2006 from 1:00 Pm till 3:00 PM on each day. All other showing and inspection are by appointment only thur Auctioneer or any licensed Real Estate Agent who is a member of Carmls and has access to the lockbox.


Property Description Number Two:

1104 Tupelo Pine Bluff, Arkansas
A .62 acre tract of land, comprising 7 mobile lots, zoned multi-family.
This property can be viewed at any time, without appointment.

Terms on Real Estate:

  1. $5,000.00 Cashier's Check down the day of Auction,( per property) to serve as Earnest Money. Balance is due at Closing.
  2. Title Insurance with Warranty deed will be provided at closing within 30 days.
  3.  A (Ten) 10% Buyer's Premium will be added to the final bid.
  4. Property sold free and clear of Liens and Encumbrances.
  5. The sale of the Property is made strictly on an "AS IS, WHERE IS, WITH ALL FAULT BASIS" and Buyer acknowledges and agrees to voluntarily waive and decline any right to require repairs of the Property, to include any third party repairs.
  6. A copy of a recent appraisal and survey will be available to any Bidder inspecting the property: in-addition, a copy of the survey will be provided at closing to Buyer.
  7. Earnest Money of $5,000.00 will be consider a non-refundable deposit, in the event Buyers fail to close.
  8. Buyer and Seller to each pay their own closing cost.
  9. No Contingency-Buyer is required to do their own due diligent by preforming any inspection deem necessary by the Buyer and have arranged financing prior to auction day. 
  10. Seller will provide Property Disclosure and Lead Base Paint Disclosure.
  11. No Termite Clearance Letter will be provided by Seller, should Buyer require a Termite Clearance Letter, one may be order and paid for by Buyer.
  12. Any licensed Arkansas Real Estate agent is encouraged to bring their clients to the auction. A commission of 2.4% of the Gross Seller Price will be paid to the agent. You will be required to register you Bidder. Failure to register your Bidder will result in the loss of the commission.

































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R & G Auction Services
271 Trailwood Drive
Austin, Arkansas 72007
Robert Vowell, Auctioneer Lic. #1781 ~ Gisela Williams, Auction Coordinator

(501)837-0157 (501)837-6286 Fax: (501)941-0944 Email: robertvowell@centurytel.net






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