Leased Commercial Buildings

2208 Mccarty Street, Houston, TX 77029
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2208 McCarty Street, Houston, TX 77029
Auctioned: 10:00 AM Monday, May 24, 2010
2208 McCarty Street, Houston, TX 77029
301608 00-1346-KS-MS/05-2010

Two buildings on a corner lot, currently being used as a nightclub.
Property ID:301608

Auctioned: 10:00 AM Monday, May 24, 2010

US MARSHALS SERVICE SEIZED PROPERTY

Details: For this property, seller will pay the Auction Service Fee.

NOTE: Property is currently rented for $1000/month.

Legal Description: Legal Description: LT 10 BLK 65 PORT HOUSTON NS County: HARRIS, TX APN: 029-244-065-0026 Census Tract / Block: 2115.00 / 6 Alternate APN: Township-Range-Sect: Subdivision: PORT HOUSTON NS Legal Book/Page: Map Reference: 5657C / Legal Lot: 10 Tract #: Legal Block: 65 School District: 044 Market Area: Munic/Township: HC DEPARTMENT OF EDUCATION Neighbor Code: 5951.01 Legal Description: LT 9 BLK 65 PORT HOUSTON NS County: HARRIS, TX APN: 029-244-065-0009 Census Tract / Block: 2115.00 / 6 Alternate APN: Township-Range-Sect: Subdivision: PORT HOUSTON NS Legal Book/Page: Map Reference: 5657C / Legal Lot: 9 Tract #: Legal Block: 65 School District: 044 Market Area: Munic/Township: HC DEPARTMENT OF EDUCATION Neighbor Code: 5951.01


Auctioned: 10:00 AM Monday, May 24, 2010


Disclosures: Buyer acknowledges and understands that property herein is partially occupied. Buyer accepts responsibility for eviction, lease or rental negotiation, or other remediation, as buyer finds necessary in order to clarify legal occupancy status. Buyer agrees to hold seller, Williams and Williams, and its agents harmless from any and all results therein.

Buyer acknowledges receipt of and has initialed the following: Addendum to Real Estate Purchase Contract, Lead Based Paint Addendum, Buyer's Certification Packet, Lease agreement for current tenant. Buyer responsible for all remediation and costs therein. Seller will pay the auction service fee (referenced in paragraph 3 of section 4 of the purchase contract) on behalf of the buyer at the time of closing.


Disclosures: Buyer acknowledges and understands that property herein is partially occupied. Buyer accepts responsibility for eviction, lease or rental negotiation, or other remediation, as buyer finds necessary in order to clarify legal occupancy status. Buyer agrees to hold seller, Williams and Williams, and its agents harmless from any and all results therein.

Buyer acknowledges receipt of and has initialed the following: Addendum to Real Estate Purchase Contract, Lead Based Paint Addendum, Buyer's Certification Packet, Lease agreement for current tenant. Buyer responsible for all remediation and costs therein. Seller will pay the auction service fee (referenced in paragraph 3 of section 4 of the purchase contract) on behalf of the buyer at the time of closing.
Terms of Sale:

Registration at the auction confirms your agreement to the terms and conditions of sale as stated in the Contract for Sale and its Addenda (the 'Contract') which are incorporated by reference into your bidding. DO NOT BID unless you have registered, received a Bidder's Card and Sale Day Notes and have read and agreed to be bound by the terms of sale in the Contract as they are enforceable against you upon becoming a high bidder.

All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale. Williams & Williams represents the Sellers only and does not inspect properties on bidder's behalf. Read the Contract and Sale Day Notes to determine the existence of any disclosures, exclusions, representations and disclaimers. Do not bid if you have not inspected the property(s). By bidding you agree to all disclosures.

The Property shall be conveyed to the Buyer via “quit claim” deed without warranty of any kind or nature, and subject to all encumbrances, if any.  

A Buyer's Premium (Buyer's Fee in WI) of 5% ($2,500 minimum) will be added to the high bid and included in the total purchase price.

Each high bidder must make a 10% non-refundable deposit per property ($2,500 MINIMUM - whichever is greater) immediately following auction. Cash, cashier's checks, personal checks and business checks (electronically processed) are accepted. If you are a resident / citizen of a country outside of the US, certified funds (bank check, wire transfer, certified checks) are required for the down payment and closing. The balance of the purchase price and all closing costs are due at closing. Closing costs generally total approximately $1,500 and include title exam, title policy, closing fee, filing costs and any other fees noted. If for any reason Seller does not perform or accept the terms of the Contract, the sole remedy shall be the return of Buyer's deposit.

Bidding starts at the nominal Opening Bid(s) indicated and is open to the public. The Auctioneer reserves the right to group, add to, delete, withdraw, consolidate or break down lots and/or quantities offered, to sell out of scheduled sequence, to reject any bid which is only a fraction advance over the preceding bid, to regulate bidding, to accept or reject any or all bids, and to cancel or re-schedule an auction. The Auctioneer will call the sale and control any increments of bidding. To make a bid, raise your hand or Bid Card to be recognized. The bidding usually takes less than 3 minutes for each property. Absentee bids may be accepted at the discretion of the Auctioneer. The Auctioneer reserves the right to enter bids on behalf of absentee bidders as specified in 21 NCAC 4B. Any mistakes during bidding as to who has the high bid and/or at what price may be called to the Auctioneer's attention and corrected. The Auctioneer is the sole arbiter and controller of the conduct of the auction and shall be the final and absolute authority without liability to any party.

Your inspection of the property(ies) and attendance at this auction are at your own risk. Broker and Seller, their agents and employees, expressly disclaim any "invitee" relationship and shall not be liable to any person for damage to their person or property while in, on or about these properties, nor shall they be liable for any defects, dangers or conditions on the property(ies). All persons enter the property(ies) and attend the auction at their own risk and shall defend, indemnify, and save harmless Broker and Seller, their agents and employees, from any and all liability attendant thereto.

If more than one property is being auctioned, the Auctioneer may choose to offer a group of the properties for auction at the same time. This is called "BUYER'S CHOICE" and is to accommodate buyers who have an interest in more than one property and/or have 2nd and 3rd choices if they are out bid for a favorite property. Upon winning the bid, please choose which property, or properties, you want. You pay the high bid price for each property selected. Each sale is final and stands alone. Remaining properties are then offered in another round of bidding. Anyone may bid at any time, including prior High Bidders.

Williams & Williams and the Seller expressly disclaim any liability for errors, omissions or changes regarding any information provided for these sales. Please read the Contract and Sale Day Notes for a full and complete understanding of Williams & Williams and Seller's disclaimers. Bidders are strongly urged to rely solely upon their own inspections and opinions in preparing to purchase property and are expressly advised to not rely on any representations made by the Seller or their agents and employees. Property information may change without notice and potential purchasers should investigate all data fully before relying upon it.



Legal Description: Legal Description: LT 10 BLK 65 PORT HOUSTON NS County: HARRIS, TX APN: 029-244-065-0026 Census Tract / Block: 2115.00 / 6 Alternate APN: Township-Range-Sect: Subdivision: PORT HOUSTON NS Legal Book/Page: Map Reference: 5657C / Legal Lot: 10 Tract #: Legal Block: 65 School District: 044 Market Area: Munic/Township: HC DEPARTMENT OF EDUCATION Neighbor Code: 5951.01 Legal Description: LT 9 BLK 65 PORT HOUSTON NS County: HARRIS, TX APN: 029-244-065-0009 Census Tract / Block: 2115.00 / 6 Alternate APN: Township-Range-Sect: Subdivision: PORT HOUSTON NS Legal Book/Page: Map Reference: 5657C / Legal Lot: 9 Tract #: Legal Block: 65 School District: 044 Market Area: Munic/Township: HC DEPARTMENT OF EDUCATION Neighbor Code: 5951.01
Property
2208 McCarty Street,
Houston, TX 77029
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TX Broker:

Daniel Scott Nelson Re Lic 618260


Auctioneer:

Bruce Eldon Brooks Auc Lic 16997
Cody Lowderman Auc Lic 16991
Danny Green Auc Lic 00008212
Emerson Clay Larkin Jr Auc Lic 6035
Gordon Lee Kimberling, Jr. Auc Lic 6692
Jack Lee Lowderman Auc Lic 15754
Keith W. Babb Auc Lic 6701
Monte W. Lowderman Auc Lic 00015800
O W Dusty Taylor Auc Lic 15196
Pamela L. McKissick Auc Lic 17195
Ronn Cunningham Auc Lic 12179
Terry Reagan Auc Lic 7855
Thomas Lee Williams Auc Lic 10071
Tommy Ray Assiter Auc Lic 6104
Tony Langdon Auc Lic 10246