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RED HOT LAND – in RED HOT, HISTORIC DOWNTOWN HOT SPRINGS, ARKANSAS!
WALK TO HISTORIC BATHHOUSE ROW!
ENJOY HOT SPRINGS' BOOMING ECONOMY!
ONE OF THE BEST PLACES IN AMERICA TO BUY!
UTILITIES ARE IN PLACE!
SELLING AT NO RESERVE!
3 LOTS are available!
(It’s your Choice; you can buy one, two or all three!)
THIS AUCTION is for the FULL purchase price of this real estate property. This is NOT a down-payment auction!
YOU ARE BIDDING ON THE FULL PURCHASE PRICE,
with NO MORE PAYMENTS!
BID TO OWN THIS PROPERTY, DEEDED TO YOU NOW!
DETAILS and PERTINENT INFORMATION about this real estate:
DESCRIPTION:
This auction is for LAND located on High Terrace, in beautiful HOT SPRINGS, AR. This land is high on a hilltop, in walking distance to the Historic District Downtown, including the world-famous National Park and Bath Row! Zoning for this land is RESIDENTIAL.
LEGAL DESCRIPTION:
Hot Springs Reservation, Block 137, pt Lot 5.
This is parcel # 55504, map # 007 on the plat map shown in the pictures below.
OPTIONAL ADJACENT LAND AVAILABLE:
The winning bidder also has the option to buy the adjacent lots for an additional amount equal to the winning bid price. The Optional Lots are parcel # 55500, map # 006 on the plat map and parcel # 55502, map # 008 on the plat map.
LAND SIZE:
The land size of the Bid Lot, according to plats furnished to us by the County (see photos), is approximately 100.0’ ft. x 180.0’ ft. x 100.0’ ft. x 165.0’ ft. +/- . That's a HUGE .40 ACRE (+/-) of DOWNTOWN Hot Springs Land! (Most in-town parcels are only about 1/6 of an Acre).
The available adjacent lots are approximately 30.0’ ft. x 165.0’ ft. x 40.0’ ft. x 148.0’ ft. +/- for parcel # 55500 and 30.0' ft. x 183.0' ft. x 30.0' ft. x 180.0' ft. +/- for parcel # 55502. You can buy all 3 parcels and have even more Downtown Land!
LOCATION, LOCATION, LOCATION!:
These lots are located on High Terrace, Hot Springs, AR 71901 (see photos), which is a paved street, in the City Limits, located VERY near (walking distance - see map photos) to the downtown Commercial AND Historic Districts (see photos)!
In addition, this property is not far from Lake Hamilton, Lake Ouachita, several other lakes, Golf Courses, Horse Racing, Amusement Parks, and Hot Springs Village, AR! This is a FABULOUS, VALUABLE LOCATION!
TERRAIN:
I have personally inspected this property; it is hilltop property, beautiful rolling land, and offers a beautiful view of the neighborhood around it!
ZONING:
Present zoning is single family residential, with Churches and Commercial Properties at the end of the street (see photos). According to information furnished to us, mobile homes are not allowed in this location.
UTILITIES:
According to sources at the county Courthouse, ELECTRICITY, WATER, SEWER, TELEPHONE, CABLE TV, and Garbage Pickup are currently available.
TAXES:
Arkansas has some of the LOWEST property taxes in the Nation! These low taxes are less than $50 per year, per lot! Taxes are current, paid in full, and not due again until October 2009. Taxes will be the buyer's responsibility at that time.
There are NO past due taxes on this property.
POA or HOA Dues:
There are locations around Hot Springs with expensive POAs or HOAs, with high monthly dues. NOT SO HERE!
There are NO POA or HOA dues at this location!
VALUE:
The County Tax Assessor has placed a 'tax value' of $2,100.00 on this lot. Real Estate professionals in the area tell us that land here will sell for up to 5 times the Tax Assessor's tax value. That places the value of this lot in the $10,500.00 range! You are bidding to buy this lot, with NO Reserve Price! The winning bidder will be buying this lot at whatever the final bid price is in this auction! Do you see the potential for value here? Bid now, bid often, but whatever you do, do not miss the closing bid in this auction!
CASINOS in Hot Springs?:
The City of Hot Springs is considering an ordinance to legalize Casinos in the City. IF that passes, it has been my experience in the past that land values will SKYROCKET! (Keep that in mind when you bid!) You could be making the Buy of a Lifetime in THIS auction!
YOU ARE NOT REQUIRED TO BUILD!
Take advantage of all of the benefits of ownership even if you never choose to build! And, there is no time limit to require you to build!AS-IS:
This property is being sold as-is, with all faults and benefits, with no warranties of any kind either expressed or implied.
OWNERSHIP:
We own this property, and the deed to the property is recorded in our name.
CONVEYANCE:
A Specific WARRANTY Deed (NOT a Quit Claim deed) grants you ownership to the property. Don't be deceived - a quit claim deed can hide many faults. Our deed is a chain-of-title deed that assures you that A): the property has been deeded to us, and that B): we have not placed any liens or encumbrances against the property.
PHOTOS:
include the Downtown Central Historic District (very nearby); actual pictures of the property and the area, which we took on location at the property, and are copyright protected. (Most online sellers never even see the property they are selling! We have actually been on this property and took the auction photos onsite)
PRICE:
YOU set the price. There is NO Reserve Price! You are bidding on the FULL PURCHASE PRICE, NOT a downpayment!!!
DUE DILIGENCE:
Do your due diligence BEFORE you bid, NOT after the auction has closed. Your bid is a binding contract to pay the amount of your bid if you are the winning bidder.
By bidding, you agree that you have:
A: Inspected the property to your own satisfaction and are bidding accordingly; or
B: Waived your right(s) of inspection and are bidding at your own risk and on your own decision to do so.
C: Completed ALL of your due diligence to your satisfaction, and are bidding of your own volition.
Some more information for you about beautiful HOT SPRINGS, ARKANSAS:
Hot Springs is a vacation destination nestled into the Ouachita Mountains in Central Arkansas. Beautiful Hot Springs is the perfect place to build your new home, retirement home, or a vacation home.
It is also known as Hot Springs National Park, (the 1st National Park in the USA), and America's Spa City, home to world famous spas built around natural thermal waters. Here, you will be surrounded by great golf courses, uncrowded tennis courts, swimming pools and exercise facilities. And, you are minutes away from the beautifully restored Victorian Bathhouses in Hot Springs. These spas feature 140 degree naturally heated thermal mineral water. A combination of thermal bathing and massage provide both healing effects and a wonderful relaxing experience.
The United States Government has just spent several million dollars on the restoration of famous Bath House Row in downtown Hot Springs!
The SURROUNDING AREA: Arkansas is the Natural State! Hot Springs National Park, the nation’s 1st National Park, is one of the crown jewels of the Natural State! Tourists come year round to enjoy the scenery, golf, fishing, and, of course, the soothing waters of the natural Hot Springs. The natural beauty of the region is enhanced by the four seasons that gently change from springtime flowers, to summertime greenery, to autumnal hues of reds and golds, and occasionally to wintertime and its snow covered beauty. Our mild climate makes it possible to enjoy the outdoors all year long.
The area includes several large, pristine blue-water lakes for fishing, swimming and boating. The Arkansas Botanical Garden, the Garvan Woodland Gardens, is nearby. There are over 50 family attractions and over 200 dining experiences surrounding the Hot Springs area. The amenities and lifestyle have attracted people from all 50 states and numerous other countries, and all walks of life.
WEATHER: Hot Springs has four distinct seasons, all generally mild. Average rainfall is 54 inches a year with the heaviest rainfall usually in April and May. Average relative humidity is 75%.
Temperature Ranges - Monthly High / Low:
January 40 / 19
February 44 / 24
March 50 / 30
April 60 / 40
May 69 / 50
June 75 / 62
July 85 / 70
August 88 / 72
September 75 / 62
October 68 / 55
November 50 / 40
December 42 / 28
LAKES: Several lakes are nearby, including Lake Hamilton AND Lake Ouachita, and the area is known for excellent fishing and boating opportunities, as the lakes abound with catfish, black bass, crappie, largemouth bass and other species native to the area.
SCHOOLS EDUCATIONAL FACILITIES: Schools are fully accredited and have a student teacher ratio which is well within the guidelines for quality education. A complete curriculum is offered in grades K through 12, and also all major sports programs including golf and tennis are offered. This is an area of Arkansas that affords easy access to many schools of higher learning, including State and Private colleges and universities and technical schools and colleges. Many of these schools are within daily commuting distances.
CLUBS AND ORGANIZATIONS: There are many active hobby, religious and political clubs and organizations in the area for men, women, children and teens, so you can take part in whatever activities suit your fancy!
FULL-TIME POLICE, FIRE, RESCUE MEDICAL FACILITIES serve the area, adding to your safety and peace of mind.
As you can see, beautiful, exciting HOT SPRINGS, ARKANSAS is the place to be!
Here is how you can become a part of it:
TERMS:
Please read all Terms Conditions as they are not negotiable. No refunds will be given for any reason.
You are bidding on the FULL purchase price of this real estate. This is NOT a Down Payment auction. Bidder must do due diligence on this property before bidding, as no refunds will be given. There are closing costs of $199., which will be the responsibility of the winning bidder and which covers deed preparation costs, document fees, notarization, and recording stamps, mailing and delivery confirmation, etc.
NOTICE: WE NO LONGER ACCEPT PAYPAL!
Therefore, the winning bidder MUST be prepared to send, by PRIORITY MAIL, a Cashier's Check or Money Order(s) during business hours on the day after the auction closes, so that it will ARRIVE IN OUR OFFICE within 3 days. If funds are not received on time, item and winning bidder will be reported to eBay as a NON-PAYER! Please be prepared to do business if you are the winning bidder. These policies insure that we will keep these great real estate bargains coming your way on eBay! Thank you.
NOTICE:
When you bid, eBay default(s) may appear saying "this is a non-binding auction", and/or "by participating, you are not entering into a contract to purchase this property".
THIS IS YOUR NOTICE to ignore those statements, and THAT THE FOLLOWING WORDING SUPERCEDES SAID DEFAULT(S):
THIS IS A BINDING AUCTION.
YOUR BID IS A COMMITMENT TO PURCHASE.
BY PARTICIPATING IN THIS AUCTION, YOU ARE ENTERING INTO A CONTRACT TO PURCHASE THIS PROPERTY.
Please do not bid to 'consider' purchasing. Your bid is a binding commitment to purchase.
Please do not bid if you consider it otherwise.
By bidding, you are agreeing to purchase. Should you default on that obligation for any reason, it is the same as defaulting on any other obligation that you owe, and will be treated as such. As an auction bidder, you should ONLY expect it to be that way! That is the ONLY way we can continue to offer these fabulous real estate deals on eBay for you, our loyal bidders and buyers! Thank you for understanding.
This is not a game; so please, seriously interested parties only are allowed to bid. If you have a zero (0) or negative (-) feedback rating, you must contact us for approval to bid on this property. We want expect all bidders to be serious about their bid commitment. We offer only the best values in real estate, and in order to keep our costs low and maintain high value for you, we must enforce these policies. By bidding, you are agreeing to purchase for the amount of your winning bid if you are the highest (‘winning’) bidder.
Please exercise due diligence when bidding on land (or any auction, for that matter).
All sales are final, no refunds will be given.
DO NOT WAIT,
Now is the time to buy that property you have always wanted! YOU set the price! You may never again be able to lock in such a low price for Real Estate. If you are the least bit interested in real estate (and, that's why you're here, isn't it?) You owe it to yourself to take advantage of this NO RESERVE AUCTION SALE! Do not wait! THIS PROPERTY WILL SELL TO THE HIGHEST BIDDER!
Thank you for bidding and buying from us. We are confident you will be glad you did.
BY BIDDING, YOU ARE AGREEING TO A BINDING CONTRACT TO PURCHASE. NEGATIVE FEEDBACK AND/OR CREDIT REPORT WILL BE LEFT FOR DEADBEAT BIDDERS! PLEASE, DO YOUR DUE DILIGENCE NOW, and please do not bid unless you intend to purchase!
YOUR BID IS YOUR WAY OF SAYING YOU ARE OF MAJORITY AGE, ARE LEGALLY ABLE TO PURCHASE REAL ESTATE, AND THAT YOU HAVE DONE YOUR DUE DILIGENCE, SOUGHT AND RECEIVED ANSWERS TO YOUR QUESTIONS, HAVE PERMISSION FROM YOUR SPOUSE / NEIGHBOR / GURU / SIGNIFICANT OTHER / BOSS / INLAWS / COMPETITORS / REALTORS / OTHER DEVELOPERS / WHOMEVER, WHATEVER and WHEREVER AND HAVE COME TO YOUR OWN INTELLIGENT, ADULT CONCLUSION TO PURCHASE THE PROPERTY DESCRIBED HEREIN FOR THE AMOUNT OF YOUR BID + ANY AND ALL ADDITIONAL FEES OR SUMS AS DESCRIBED IN THIS AUCTION. YOU ALSO AGREE TO FORFEITURE OF THE PROPERTY AND LIQUIDATED DAMAGES IN THE AMOUNT OF 50% OF YOUR BID, OR $2,000 (TWO THOUSAND DOLLARS), WHICHEVER IS GREATER, IN THE EVENT YOU DEFAULT ON YOUR PURCHASE FOR ANY REASON. (Jurisdiction will be in Mobile County, AL, for any dispute arising from this or any other clause of this transaction). Sorry, folks, to have to include that paragraph, but due to a recent proliferation of deadbeat bidders on eBay, those few irresponsible people who want to bid now, and then decide, get someone else's permission to buy, and/or do their due diligence later, it has caused us to have to be very blunt and specific, IN ORDER TO KEEP OUR PRICES AFFORDABLE FOR YOU WHO ARE RESPONSIBLE, HONEST, AND BID WITH THE RIGHT INTENTIONS AND MOTIVES TO HONOR YOUR COMMITMENT WHEN YOU BID! Real estate auctions are the most expensive category to place on eBay (our average auction costs us almost $200 in eBay fees!). We do not want to have to raise our prices to cover the costs of deadbeat bidders, underage bidders, or irresponsible bidders who have to seek 3rd party approval in order to complete their obligation. I know 99.9% of you understand what I mean!
THANK YOU for looking, bidding, and buying from us. We know you will be glad you did!
God bless You, and God Bless America!
COPYRIGHT: This auction and its text, descriptions, plats, photographs, and all other contents copyright, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008 by the author. Use or reproduction of any parts of this auction without the express written consent of the author is strictly prohibited.
E-MAILS: We answer emails ASAP, but due to a very busy / hectic schedule, depending on circumstances at that time, we may answer immediately. But, we will answer emails ASAP. If you email, you must please be patient. Thank you in advance for your understanding and cooperation.
DISCLOSURE: All Information contained herein is deemed accurate and correct to the best of our knowledge and belief, and is obtained from reliable sources, but is not guaranteed. Due diligence is expected from the bidder on any auction or real estate purchase. We are not responsible for errors.
You are bidding for YOUR CHOICE of one Lot, 2 Lots, or 3 LOTS!
YOU DECIDE!
Winning bid is for the purchase of the Lot offered in this auction above. The winning bidder also has the option to buy each of the 2 adjacent lots for an additional amount equal to the winning bid price.
Thank you for looking, bidding and buying!
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