Chad Holland, as Receiver, appointed by the 100th Judicial District Court in Childress County, is accepting Sealed Bids, subject to Court approval, for the Fairview Church of Christ building and lots at 1910 Avenue I NW with a minimum bid of $120,000.
The building consists of the sanctuary, kitchen, dining area, office, five classrooms, two restrooms, temporary dividing walls for additional meeting rooms and three HVAC units. The building is 5,062 square feet per Childress County Appraisal District and sits on approximately 2.08 acres including the unopened alley and the unopened portion of Avenue J NW.
LEGAL DESCRIPTION: All of Lots 1 through 10, Block 113 and all of Block 112, Fairview Addition to the City of Childress, Childress County, Texas.
BUSINESS PERSONAL PROPERTY: All furniture, fixtures, equipment, appliances, van box and business personal property are included and will convey.
MINIMUM BID: $120,000.00. Property is being sold, As Is, Where Is, subject to 100th Judicial District Court Approval.
The Court reserves the right to accept or reject any and all bids made. The sealed bids for the properties will be accepted by mail only until Monday, December 9, 2019. Please address the bids to Chad Holland, Receiver, Fairview Church of Christ, PO Box 176, Childress, Texas 79201-0176.
TERMS OF SALE: The successful bidder, subject to Court approval, shall enter into a Purchase Contract with Earnest Money deposit in the form of a Cashier's Check payable to H.S. Black Abstractor, Inc. in the amount of $5,000.00 within 3 days of being accepted as successful bidder. Closing must occur within 45 days. The purchase contract will be a non-contingent contract meaning that for whatever reason the buyer does not close within the contractual time period to close, buyer may forfeit the earnest money deposit. Seller to provide Owner's Title Policy.
This property is being sold "AS IS, WHERE IS, with all faults", specifically and expressly without any warranties, representations or guaranties, either expressed or implied, of any kind, nature or type whatsoever, from or on behalf of Seller, Receiver, Court, Broker or their affiliates, agents, officers, employees, or representatives. No Third Party Financing Buyer Approval, "subject to” or other contingencies.
Receiver and Broker act solely as an agent for the Seller and Court.
Property will be conveyed subject to any rights-of-way, assessments, easements, and other covenants, conditions, restrictions, or zoning of record. Buyer should perform his/her own due diligence prior to bidding. Buyer should verify the above acreage and square footages.
Any Buyer's Broker must be identified upon first contact with Receiver/Listing Brokerage Firm and must accompany buying prospect on first showing to be allowed brokerage fee participation. Otherwise the fee participation will be at the sole discretion of Listing Broker.
Buyer Agents representing serious qualified buyers can contact Listing Broker for more information, or to set up an appointment.
NO TRESPASSING. PLEASE DO NOT ACCESS PROPERTY WITHOUT WRITTEN PERMISSION FROM LISTING BROKER.
As with any Exclusive Listing Agreement, owners are not to negotiate with any prospective buyers, but to refer all prospective buyers to the Listing Broker, so please ask your buyer prospects to not contact any of the owners directly. Please direct all questions to Listing Broker.
This property is not for Rent, not for Lease and Owner Financing is not available.