•To bid on this Property, you must be an Owner-Occupant Buyer (Buyer will be required to sign a statement that Buyer intends to use the Property as their Principal Residence), a HUD-approved Nonprofit, or a Governmental Entity

•Property is being sold in an “as is” condition, and the condition is unknown and may include defects, possible health or safety hazards, or debris, or be located in a Special Flood Hazard Area. 

•Proof of Funds Required. The seller requires that the high bidder be able to demonstrate proof of funds or financing pre-qualification within 24 hours of the auction. Buyer must obtain a “pre-qualification” letter from a lender of their choice. If buyer intends to pay with cash, a bank letter or other financial account statement showing proof of sufficient funds to cover 100% of the purchase price will be required (account numbers should be removed or redacted). Buyer understands and agrees to submit said documentation to auctioneer within 24 hours of the auction. 

•Utilities Disclosure. The utilities to this property are not currently “turned on” and the property has been winterized. Utilities will not be turned prior to closing, regardless of inspections. Buyer will need to consider this and account for it if/when inspecting the property. Buyer is responsible for utility transfer post-closing.

•Buyer understands and acknowledges that square footage, acreage, and/or bedroom and bathroom count for the building sited on the property is based on an appraisal or county assessor information.  Buyer further understands and acknowledges that measurements/acreage/count can vary from a few feet to several hundred feet regardless of source (County Assessor’s records, appraisal, or appraisal measurement report, etc.) and that said sources may contain erroneous information or measurements/acreage/count. 

Buyer should conduct their own investigation and satisfy that the size and/or square footage, acreage, and bedroom/bathroom count of the dwelling/building is acceptable to the Buyer prior to placing any bid or offer on a property.  

By placing a bid or offer on a property, Buyer is accepting the property in “as-is where-is condition” and agrees to be bound to the bid or offer should a discrepancy arise.  

Redemption Notice.  Buyer acknowledges that this property may be bound by the state rules of redemption. The foreclosed debtor, junior lien holders, spouse of debtor, heirs, among others have up to one year from the date of the foreclosure to redeem the property, depending upon specific circumstances. Redemption period does not prohibit conveyance. The redeeming party must pay to the new buyer the foreclosure purchase price, plus  interest as defined in state law for money judgments in Alabama code 8-8-10, accruing from the date of foreclosure sale to the date of redemption, plus lawful charges as that term is defined in Alabama code 6-5-253. Redemption will expire no later than  1/27/26. Buyer acknowledges that buyer has no rights, claims, or recourse against seller for any loss or damage resulting from redeeming party’s exercise of redemption rights.

"A lot or parcel of land being in and a part of the NW 1/4 of the SW 1/4, Section 8, Township 5 North, Range 25 East, Dale County, Alabama, being more particularly described as follows:  Commence at the purported intersection of the north right of way (R.O.W.) of Alabama Highway 27 (60 foot R.O.W.) and the west side of said section marked with an existing pin (CAP Number 10089) and run thence South 44 degrees 50 minutes 05 seconds East 57.63 feet along said R.O.W. to a set 1/2 inch rebar (CAP Number CA0642) and the Point of Beginning. Thence North 0 degrees 52 minutes 55 seconds West 279.46 feet along a 40 foot strip running parallel the said west side of section to a 1/2 inch rebar (CAP Number CA0642); thence North 89 degrees 07 minutes 05 seconds East 281.97 feet to a set 1/2 inch rebar (CAP Number CA0642); thence South 0 degrees 52 minutes 55 seconds East 220.21 feet to a set 1/2 inch rebar (CAP Number CA0642); thence South 49 degrees 23 minutes 18 seconds West 247.67 feet to a set 1/2 inch rebar (CAP Number CA0642) at the said north R.O.W.; thence a chord bearing and distance of North 43 degrees 36 minutes 48 seconds West 134.84 feet along said R.O.W. to the Point of Beginning.
Also: There is a 30 foot wide easement from the 40 foot wide strip left for the parent property to access the property lying behind the above described property running along the centerline of an existing dirt drive running across the 40 foot wide strip to the above described property and being more particularly described as follows:  Commence at the said point of commencement and run thence South 44 degrees 50 minutes 05 seconds East 15.86 feet along said R.O.W. to a point in the center of the easement. Thence a chord bearing and distance of North 34 degrees 42 minutes 17 seconds East 49.82 feet along said easement to it intercepts the west boundary of the above described parcel and being 70.59 feet from the Point of Beginning of said parcel."