THE REAL ESTATE AUCTION AUTHORITY SINCE 1977

Corporate Headquarters • 1216 Dawson Rd, Suite 102, Albany, GA 31707
PH: 229.436.2733 • 800.342.2666 • info@jdurhamauctions.com

Atlanta Marketing Center • 320 Arden Court
Alpharetta, Georgia 30022 • PH: 678-656-6746

Upcoming Auction Details

Newton Hardware Store Liquidation and Real Estate Sale!

Complete liquidation of Newton Hardware Store located in Newton, GA. 12,000 Square Foot Hardware Building to be Sold at Auction! Also, BANK-OWNED Concrete Finishing Equipment and Related Tools. Auction to begin at 10:00 A.M on May 21.

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Live On-Site Auction

Began: Saturday, May 21, 2011 at 10:00 AM EDT

Location: Hwy. 91, Newton, GA

Details

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Newton Hardware Store Liquidation and Real Estate Sale!

NOTE: To view the Partial Inventory List as a PDF with Lot Numbers, Click on "Documents" on the Right Hand side of your screen, and then Click on "Click to View Partial Inventory List."

Hwy. 91, Newton, GA

COMMERCIAL BUIDLING:

12,000 Sq. Ft. Commercial Building
Located on Busy U.S. Highway 91 in Newton, GA
Fantastic Investment Opportunity!
Extraordinary Monthly Rental Income!

PARTIAL INVENTORY LIST:

Fishing Equipment
Plumbing Equipment
Paint
Lawn and Garden Supplies
Hand Tools
Fencing Supplies
Nuts & Bolts
Electrical Supplies
Hydraulic Oil
Cooking Supplies
Chaines
Saws & Blades
Fan Belts
Cleaning Supplies
Extension Cords
Pliers
Roofing Supplies
Key Machine & Keys
And much much more!!!

FURNITURE & ANTIQUES:

Chairs
Desks
File Cabinets
Industrial Fans
Bycicles
Tables
Clocks
Glassware
Stools
And so much more!!!

BANK-OWNED CONCRETE FINSIHING EQUIPMENT & RELATED TOOLS:

9HP Honda Engine w/ Pressure Water Pump
Honda Engine
8HP Generator
Tool Box (Add On) 4x2
Portable Lights and Stands
Lincoln Buzz Box Welder
Goodall Parts Washer
Torch w/ Regulator and Cart
Honda Generator
Landau Pressure Washer
MTM Corporation Pressure Washer
Curing Compound Sprayer (On Cart)
Kolar Engine Floor Saw
Electric Portable Mortar Mixer
Wacker Packer B5700
Whiteman Onan Performer 2 Blade Riding Trowel Machine
Whiteman 2 Blade Riding Trowel Machine
Whiteman 2 Blade Riding Trowel Machine
Whiteman Walk-Behind Trowel Machine
Allen Walk-Behind Trowel Machine
Bartell Walk-Behind Trowel Machine
Wacker Walk-Behind Trowel Machine
Numerous Hand Tools and Other Concrete Finishing Items

TERMS FOR EQUIPMENT: Cash or cashiers check. A current bank letter of credit must accompany a personal or company check.

Note: All equipment is sold “As Is, Where Is” with no warranties expressed or implied.

10% Buyers Premium

SAMPLE BANK LETTER OF GUARANTEE:

“BANK LETTER OF GUARANTEE”

This letter of guarantee must be on original on bank letterhead.

Date of Letter

To: J. Durham & Assoc., Inc.

This letter will guarantee any check

written by (your name) on this bank.

This guarantee is for any amount up

to ($ amount), and is good for a

period of 20 days after the date of the

sale which is being conducted on

(date of Sale)

Auction Terms

CONDITIONS OF THE AUCTION

Terms: The successful purchasers will be required to sign the Seller’s real estate purchase agreement on sale day and make an earnest money deposit equal to fifteen percent (15%) of the contract price. Sale will close within thirty (30) days after the date of auction at which time the purchaser will pay the balance of the purchase price. A 10% buyer’s premium will be added to all purchases to arrive at a contract price.

The information contained in this brochure and all related materials are subject to the terms and conditions of the purchase agreement. The property is being sold on an “AS-IS, WHERE-IS WITH ALL FAULTS” basis. THE PROPERTY WILL BE SOLD FOR ALL CASH. Your complete inspection of the property and pertinent documents is recommended. Announcements made at the podium at the time of the sale take precedence over all printed materials, except for the fully executed purchase agreement and subsequent conveyance/closing documents.

Conduct of the auction and increments of bidding are at the direction of the Auctioneer. All properties will be sold subject to the Sellers reserving the right or confirmation within ninety-six (96) hours. Since the Sellers are highly motivated to sell on the date of the sale, the announcement of acceptance of final bids could be synonymous with the time and place of the auction.

SURVEY: If the property sells divided, all property must be surveyed prior to closing by a licensed Georgia registered surveyor. The cost of the survey is to be paid by the purchaser. The number of acres surveyed times the contract price per acre shall determine the final or actual purchase price to be paid at closing. J. Durham and Associates, Inc., will have the final approval of the selected surveyor.

REPRESENTATION DISCLOSURE: J. Durham and Associates, Inc., represents the seller in this transaction, not the purchaser, but does not have authority to make representations on behalf of the seller with respect to any matter.

PROPERTY SIZE & DIMENSIONS: All acreages and property line dimensions are subject to change. They have been calculated for auction purposes only and are approximate and may be general in nature and are being sold subject to final survey. They are not guaranteed by the seller of J. Durham and Associates, Inc.