TERMS:

Terms of Sale: Ten per cent down payment on the day of sale and a bond for the balance, with surety (co-signer) approved by the Master Commissioner, due upon delivery of the Commissioners Deed’s. The 2018 property taxes are to be paid by the buyer (all prior taxes, including 2017's, if any remain due at time of confirmation of sale will be paid from proceeds of sale). a 6% buyers premium will apply to establish the real estate sales and purchase contract selling price.

Although ordered to enforce a judgment for $475,820.73, sale will be made to the highest bidder, regardless of price, subject to right of redemption by present owners for six months if the high bid is less than $158,000 (two-thirds of the appraised value of the property) and subject to a right of redemption by the United States of America for not more than a year." 

The property is further described as including land encompassed by Edmonson County Property Valuation Administrator map numbers 042-00-00-030.00,,042-00-00-030.06 and 042-00-00-031.01.

Sellers: Circuit Court Master Commissioner pursuant to judgment and order of the court dated and entered November 20, 2017, in action No. 16-CI-079, Seller PBI Bank Inc. v. Clark Lowain Wilson et al.

DOCUMENTS: