313± Acres Lone Star BANKRUPTCY Oldham County TX
Brief Description
Development Property in Wildorado Texas
THIS PROPERTY IS BEING SOLD BY ORDER OF THE U.S. BANKRUPTCY COURT SOUTHERN DISTRICT OF TEXAS CASE NO. 15-20046-RLJ12 JERRY ARTHO/DBA ARTHO CATTLE
Auction Schedule
Live Off-Site Auction
Began: Friday, August 14, 2015 at 10:00 AM CDT
Location
Wyndham Garden Amarillo, 3100 I-40, Amarillo, TX 79102
Terms:
10% Down Day of Sale
10% Buyer’s Premium
45 Days to Close
In order for an entity or individual to become a Qualified Bidder on the date of the sale, such entity or person must obtain a bidder’s number by delivering a $10,000 check made payable to the Mullin, Hoard & Brown, LLP IOLTA Account. Check shall be refundable to the Qualified Bidder unless such entity or individual becomes a successful high bidder on a particular parcel and such amount becomes the Auction Bid Price on that parcel. In such event, a ten percent (10%) buyer’s premium shall be calculated on the Auction Bid Price, and added to the Auction Bid Price, and such sum shall become the Contract Purchase Price. The $10,000 paid by the winning Qualified Bidder to obtain the bidder’s number shall be credited against the amount of earnest money required to hold the sale.
