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Fowler Auctioneers
Professional Auction Marketing Firm
Real Estate & Personal Property Auctioneers
Glenwood AR • Ph. 870.356.4848
2007 World Champion Auctioneer
Auction Calendar
Multi- Property Real Estate and Personal Property AuctionAuction by: Fowler Auctioneers, Inc.Live On-Site Auction
Began: Saturday, October 29, 2011 at 10:00 AM CDT Location: #4 Industrial Park Rd., Glenwood, AR 71943 Inspection
Began: Sunday, October 23, 2011 at 2:00 PM CDT Ended: Sunday, October 23, 2011 at 4:00 PM CDT Location: #4 Industrial Park Rd., Glenwood, AR 71943 DetailsMulti Location REAL ESTATE Plus PERSONAL PROPERTY Public AUCTION October 29th @ 10AM 4 Tracts of Real Estate in Glenwood and all Personal Property selling from one location. All properties will be sold at public auction from the Jones Residence located at #4 Industrial Park Rd. Glenwood Ar. on the date and time above. All real estate and personal property will be sold from this one location, be sure to view all properties you are interested in prior to auction day. Personal property will also be sold on auction day immediately after all 4 tracts of real estate. (Property #1) The Jones Main Residence located at #4 Industrial Park Rd. (Hwy. 8 East) in Glenwood...This is an Absolute Show Place and one of Glenwood’s premier properties. 2718± SF. 3 BR, 2 ½ BA, Custom Built Ranch Style Home with 14X42 In- Ground Pool all on 19± Acres Fenced, Cross Fenced, 2 Nice Size Ponds and so much more. This is very rare that a property will be for sale in this area to compare to this one....A must see...Don't miss the opportunity... (Property # 2) 126 Gilmer Street in Glenwood, 4 Unit Apartment Complex and 3 older houses on 2± Acres backs up to Pike County Fair Grounds Property, good income producer. These apartments were built approx. in 1991. Glenwood has good demand for rentals and is getting more so by the year. Walking distance for the doctors office, bank, cafe and down town. This beautiful property has St. Augustion Grass and Huge Shade trees, all on city utilities. (Property #3) 119 Hays Street in Glenwood, Lots 7 & 8 "80X120" lot, 1308± SF, 2 BR, 1 BATH Older Home on an absolute beautiful city lot with huge shade trees and St Augustine Grass, with a some work, this home would make a great rental or move into. On city utilities.
CORRECTION: PROPERTY #4 WILL SELL WITH PROPERTY #3. (See above information) (Property#5) Located at N. First Street (Hwy 8 & 27 West just before the Bean Lumber Company Entrance) 8± Acres, 340+/- ft. of prime Highway Frontage. This land looks low from the highway but seller says it never floods, the highway is built up to be level. This prime land runs all the way back to the RR Track. Call our office for any further info or visit our web site. Inspection: Anytime by appointment. Personal Property Baldwin Spinet Piano with matching Bench Seat in mint condition, light birchwood, 36" high X 58" long and 25 1/2" deep. Furniture: Several Pc. Of Knotty Pine Rustic Furniture includes: office desk entertainment center, CD/DVD shelves, china cabinet, coffee & (3) end tables, sofa table, distressed sofa, love seat, distressed recliner, cherry end table, Camel back Allen White Sofa 100" long with throw pillows, Wheat style 4-poster king size bed, Serta pillow top mattress and box springs, (2) matching night stands and armoire. distressed over sized chair and ottoman, pink fabric/print side chair, (4) oak bar stools, small rustic lamp, (2) matching side table lamps, RC 32” TV, 55” Ultravision HD Digital Flat Screen TV, (7) gun Oak style gun cabinet, Excalibur (24) long gun safe w/ extra hand gun shelves... Kitchen: Beautiful carved oak dining table with (6) chairs and (2) side chairs seller paid $6,500 new, Frigidaire pure source side by side frig., Holiday mini frig., (8) pc. White Gibson china, (8) pc. white Garland china, numerous pots & pans, cooking utensils, glasses, sterling silver platters, wine glasses, Welbilt bread maker, Oster Frydaddy w/ basket, (2) small Fry Daddy... Office Furniture: (2) computer systems, (2) computer desks, (4) drawer filing cabinet, small book shelf, (2) office chairs, HP laser jet 1300 printer, Brother MFC 9700 Printer-Fax-Scanner-Copier, HP laser 1012 printer, HP 4250 all-in-one printer and more.... Misc. Items: Coins, antique style Cast Iron gas log stove, Quadra-Fire pellet stove will be sold seperately, knick-knack’s of all kinds, Dyson cyclone vacuum cleaner, PerSUNal 16 tanning bed, Casino reg size Double Challenge token feed slot machine, space heaters, leopard area rug, plush area rug, framed oil & canvas hand painted picture of Old Downtown Glenwood by J. Tackett, Commercial Series Char-Broil grill, basket style trunk, huge decorative metal wall clock, standing artificial plants, matching King size comforter-bed skirt-pillow shams and more. Tools and Lawn Item Zero Turn 48" like new Bad Boy 2011 year model, Shindaiwa Trimmer, Misc. tools lawn tools, fishing tackle and so much more being added daily. Auction Terms
Real Estate Terms 10% down payment per property in certified funds due day of auction, balance due at closing within 30 days, title insurance and warranty deed furnished at closing. 10% buyer's premium. Announcements made day of sale take precedence over all advertisement. Personal Property Terms: Full payment day of auction in cash, good check, Visa or Master Card, 10% buyer premium. Brokers/Agents: Print participation form from our web-site and fax to our office for approval to 870.356.4225. This form must be faxed to our office 48 hours in advance to register your buyer for approval, no exceptions! A commission will only be paid if you have pre-registered a buyer and that potential buyer/bidder has been pre-approved, also the buyer/bidder is not on our mailing list or has been to a previous auction of Fowler Auctioneers, Inc. All Properties sold “as is where is”, no sellers property disclosure available. All Properties sold “as is where is”, no sellers property disclosure available.
Terms and Conditions of Auction The following terms and conditions shall apply to all auctions held, regardless of the type, size or kind of auction. Specific terms and conditions may be modified at any time prior to the commencement of the auction by Fowler Auctioneers, Inc. and any such modifications will be announced prior to the commencement of said auction. Any Bidder/Buyer expressly agrees to abide by these terms and conditions or the terms and conditions as modified verbally on the day of the auction as a condition to their participation in said auction.
11. All property/items are sold “As-Is, Where-Is” with no warranty whatsoever, expressed or implied. The Agent is not responsible for items after sold. All items should be inspected to the Bidders/Buyers satisfaction.
12. Some of the items may be sold subject to seller confirmation. The Agent reserves the right to bid on behalf of the seller if necessary.
13. Participation in the Auction is at Bidder’s sole risk. Seller and Agent, plus their agents, contractors and employees, shall have no liability on any basis. All Real Property is offered in a “AS IS, WHERE IS” condition. To the fullest extent allowed by law, Seller and Agent unconditionally disclaim any guarantee, representation, or warranty of every kind, whether expressed, implied or statutory, whether oral or written, whether past, present, or future, with respect to all property Issues, except as expressly provided in the Sales Contract.
14. DISCLOSURES: The Property will be offered for the sale and conveyed subject to all conditions, covenants, deeds, easements, reservations, restrictions, right-of-way, title exceptions and matters of record. Maps, depictions and sketches in any materials related to the Property are for illustrations purposes only and Seller and Agent do not guarantee, represent, or warrants their accuracy or completeness, Residential dwellings built prior to 1978 may include lead-base paint. Buyer of such Property must immediately execute a “Lead-Based Paint Waiver” in favor of Seller to be made part of the Sale Contract, thereby waiving Buyer’s right to conduct any risk assessment or inspection for lead-based paint hazards. Every Bidder should read and understand lead hazard information pamphlet provided and the “Lead Warning Statement” in the Sale Contract.
15. REGISTRATION: Any competent adult with a satisfactory photo identification who properly registers and complies with the Terms of Auction may bid. Agent may refuse to register or expel any person who is disruptive, noncompliant, or previously caused a problem for Seller or Agent. Bidder must present a cashier’s check in the amount specified under “Terms on Real Estate” to Agent at registration. This must be in the form of cashier’s check, made payable to Bidder. Any person intending to bid on behalf of another must present Agent with an executed, enforced, recorded ad unexpired power of attorney which is subject to Agent’s approval. The requirement for Bidder registration may be waived by acknowledges receipt of the Terms of Auction and access to the Sale Contract and unconditionally and irrevocably agrees to be bound by both.
16. BUYER’S PREMIUM: a ten-percent (10%) buyer’s premium shall be in effect for the Auction and added to the amount of the highest bid to arrive at the total and final price for the Property (“Total Contract Price”). Example. If the Bidder/Buyer submits a top bid of $100.00, the contract purchase price will be $110.00, not $100.00, and the contract purchase price shall be due in accordance with the terms stated herein.
17. Agent’s discretion includes, but is not limited to, the auction method, bid-calling, bid increments and determining the buyer. The decision of Agent is final regarding all matters that arise before, during, or after the Auction. Sellers shall not bid. Bidder shall not retract any bid. Bidder’s purchase shall be considered a single transaction whether of the whole or a fraction of the Property. The sale of any fraction of the property shall not be contingent upon the sale of any other portion thereof, whether purchased by the same Buyer or not.
18. SALE CONTRACT: This is a cash sale and not contingent upon any matter, including Buyer obtaining financing. Buyer shall immediately execute the Sale Contract and all related documents presented by Agent to bind Bidder and Seller to the sale of the property. Any Buyer purchasing on behalf of a business or arm of government (“artificial person”) shall immediately execute the Sale Contract in both the artificial person’s and buyer’s names, until such time as the artificial person presents Agent with acceptable, written evidence of the artificial person’s good standing in its state of formation, plus written authority, in a form acceptable to Agent, agreeing to be bound by the Sale Contract. The Terms of the Auction are incorporated into the Sale Contract which defines the entire agreement between them, the Sale Contract shall control in all instances. Buyer shall execute the Sale Contract and no additions, deletion, or revision shall be permitted.
19. DEPOSIT: Buyer shall immediately pay Fowler Real Estate and Liquidation Auctioneers, Inc. a cashier’s check in the amount specified under “Terms on Real Estate”. If for any reason Buyer fails to timely execute the Sale Contract or pay the deposit, Seller has sole discretion, to: (A) pursue all legal and equitable remedies available against Buyer, or (B) declare Buyer’s bid to be immediately forfeited, null and void, without any requirement of notice, and immediately re-sell the Property to another buyer.
20. Agent assumes no responsibility for accidents or injuries resulting from the use of any items bought or sold. All firearms must sell to a legal resident aged 18 or over and subject to any background checks as required by Federal or State law.
21. ARBITRATION: Any action, claim, controversy, counterclaim, dispute, or proceeding arising out of the Property Issues and involving Seller, Bidder, Buyer, or Agent, in any combination, whether controlled by federal or state law, and whether an issue of law or equity, including the determination of the scope and applicability of the agreement of arbitrate, shall first be determined and resolved by arbitration prior to any court action being filed. Failure by any party to first submit to arbitration shall be grounds for dismissal from Circuit Court or Federal Court. Judgment on the arbitration award may be entered in any court having jurisdiction. The cost of arbitration, including the fees and expenses of the arbitrators, but not including the parties’ attorneys’ fees, shall initially be paid equally by them. The prevailing party shall be entitled to collect from the other its full cost associated with the arbitration, including reasonable attorneys’ fees. All aspects of any arbitration shall be permanently kept confidential and not disclosed in any form or manner to any entity, media, or person, and the parties shall jointly move the court entering judgment on the arbitration awarded to so order. Any arbitration must be commenced within two (2) years from the date when the cause of arbitration accrues or it will be forever barred. The right of arbitration shall accrue, and the two (2) year limitation period shall begin to run on the date the breach, damage, or injury is sustained and not when the resulting damage or harm is discovered.
22. CHOICE OF LAW, JURISDICTION AND VENUE: Any Auction matter shall be exclusively construed and governed in accordance with the laws of the State of Arkansas. The exclusive jurisdiction and venue for any controversy or claim between the parties shall be in Pike County, Arkansas.
23. MISCELLANEOUS: The Terms of Auction shall be bind Bidders and their agents, assigns, attorneys, beneficiaries, directors, distributors, employees, executors, heirs, legatees, officers, representatives, shareholders and successors in interest. No deletion, modification, supplement, or waivers of any provisions of the Terms of Auction shall be made, except by Agent’s written revision or announcement at the Auction. You must be 18 years of age and a legal resident of the U.S. to purchase any/all firearms. NOTE: The information contained herein is provided as general information only and has been obtained from sources deemed reliable. It is provided without any guaranty, warranty or representation, expressed or implied, made by Fowler Auctioneers, Inc. or any related entity. As to the accuracy or completeness of the information, the information is presented subject to errors, omissions, change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers should make their own investigations, projections and conclusions concerning the information. All Properties sold “As is, Where is”. Directions/MapMulit-Property auction held at #4 Industrial Park Rd. Glenwood, AR. From Hwy. 70 turn on Hwy. 8 East, travel approx. 1/2 mile to Industrial Park Rd., watch for auction signs. ![]() |
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