John Dixon & Associates has been retained by several major lenders and other secured parties to liquidate more than 100 properties across Georgia. These properties must be sold! Don’t miss this incredible opportunity to buy your choice of properties at the price you set at public auction.

INSPECTION: Inspection dates and times are listed with each property.

TERMS FOR LIVE AUCTION: Properties selling for a total purchase price of $5,500 ($5,000 high bid) or less will pay 100% down of the purchase price at the auction. Properties selling for a total purchase price of $5,501 ($5,001 high bid) to $110,000 ($100,000 high bid) will pay 20% down of the purchase price at the auction. Properties selling for $110,001 ($100,001 high bid) will pay 10% down of the purchase price at the auction. Balance will be paid in full at closing to be held on or before Wednesday, March 24, 2010. A copy of the sales contracts may be reviewed prior to the auction by contacting the auctioneer.

TERMS FOR ONLINE BIDDING: The online registration will need to be completed, including credit card information which will be verified and approved, and the credit card will be charged $1.00 for this process. If you are the successful bidder and do not deliver the earnest money which must be certified funds or wire transfer within 48 hours, a charge of $5,000 will be placed on the account. The card is for verification purposes to ensure we have serious bidders. Balance will be paid in full at closing to be held within 30 days with one exception: if the high bid is less than $5,000, the entire purchase price will be due within 48 hours. The successful online bidder will be notified immediately following the closing of the auction and issued the purchase contract. The executed contract shall be emailed to K.J. Otis or faxed to 770.425.4413. If you have any questions, you may contact our controller, K.J. Otis, or our online auction manager, Brad Davis, by email or call 800.479.1763.

CLOSINGS: Balance of the purchase price is due on or before Wednesday, March 24, 2010.

CLOSING ATTORNEYS:CLOSING ATTORNEY: South Georgia Group, Property 101: Closing will be conducted by Franklin Edenfield, Swainsboro, Georgia, 478.237.6424. South Georgia Group, Properties 102-106: Closings will be conducted by Jerry Cadle, Swainsboro, Georgia, 478.237.2271. Macon/Warner Robins Area Group, Properties 201-259: For all properties selling in association with bankbargains.net closings will be conducted by Bush, Crowley, & Leverett, LLP, Macon, Georgia, 478.745.7461. Closings for all other properties in the Macon/Warner Robins Area Group will be conducted by Linda Karlo LLP, Lane & Karlo, Atlanta, Georgia, 770.952.3388. Metro Atlanta Area Group, Properties 301-337: Closings will be conducted by Linda Karlo LLP, Lane & Karlo, Atlanta, Georgia, 770.952.3388. Deed preparation and attorney’s fees will be split 50/50 between seller and purchaser; all other normal closing costs will be paid by the purchaser. Taxes will be prorated as of date of closing. Title insurance will be available at purchaser’s expense.

BUYER’S PREMIUM:  A 10% buyer’s premium will be added to the high bid. Example: For each $10,000, a 10% buyer’s premium of $1,000 will be added to arrive at the total purchase price of $11,000.

BROKER PARTICIPATION:  A 2% commission of the high bid before adding buyer’s premium will be paid to any qualified licensed real estate broker in the state of Georgia whose prospect is the successful bidder at the auction and closes on the property. To qualify for a commission, the broker must first register the prospect by mail, deliver by hand or fax the prospect's name and address on John Dixon & Associates' broker registration form. The registration must include the signature of the prospective purchaser, the signature of the broker and the broker's real estate license number. The registration must be received at 200 Cobb Parkway North, Suite 120, Marietta, Georgia 30062, Attention: Bob Green, no later than 5:00 p.m. the day preceding the auction. Broker registration may be faxed to 770.425.4413. UNDER NO CIRCUMSTANCES WILL BROKER REGISTRATION BE ALLOWED ON THE DAY OF THE AUCTION. In addition, to qualify for a commission, the broker must attend the auction with the prospect. Commissions will be paid only if property closes and only to the first broker registering a prospect. A BROKER CANNOT ACT AS A PRINCIPAL AND BROKER ON THE SAME TRANSACTION. Click here to download a broker participation form.

AGENCY:  John Dixon & Associates, auctioneer/broker, is acting exclusively as agent for the seller.

SPECIAL NOTE: Property is selling "as-is, where-is" with all faults and is selling subject to easements, leases, restrictions, covenants, conditions, zoning and all other matters revealed by a current survey or an inspection of the property or contained in public records. The only representation and warranties made are those contained in the Contract of Sale. Seller reserves the right to add or delete property, reject any bid unless selling absolute and/or cancel the sale. Properties will be conveyed by Limited Warranty Deed. Information contained herein was obtained from sources deemed reliable. The seller and their agents reserve the right to place bids on the property up to seller’s reserve, if desired, at their sole discretion. The property will sell “as-is, where-is” with no warranty, express or implied, as to improvements, soil condition, environmental and wetlands, or zoning. No personal property conveyed with real estate unless denoted in contract. Although every precaution has been taken to ensure accuracy, neither the seller, John Dixon & Associates nor their agents will be responsible for any errors or omissions herein. Bidders should carefully verify all information and make their own decisions as to the accuracy thereof before submitting their bid. The terms of the Contract of Sale are controlling in the event of any perceived inconsistency between its terms and any statements in this brochure or other advertisement. Announcements made at the auction will take precedence over written matters.