•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.

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.

A part of the Northeast   of the Northeast   of Section 13, Township 11 South. Range 1 West, Blount County, Alabama, more particularly described as follows: from the Southwest corner of the Southeast   of the Northeast   of said Section 13; thence North 11 degrees 10 minutes 48 seconds East a distance of 2099.70 feet to a nail in culvert on the Northwest right of way of 4th Avenue, the point of beginning; thence around a curve to the right along said Northwest right of way line having a chord bearing of North 28 degrees 47 minutes East a chord distance of 110.25 feet; thence North 56 degrees 13 minutes 32 seconds West 137.45 feet; thence South 39 degrees 40 minutes 30 seconds West 98.0 feet to branch; thence along said branch in a Southeasterly direction following the meanderings thereof a chord bearing of South 51 degrees 46 minutes East, a chord distance of 157.58 feet to the point of beginning.