REAL ESTATE TERMS & CONDITIONS: A $20,000 deposit will be required within 72 hours of the auction ending time. Deposit to be made in the form of cash, cashier's check, personal check with up-to-date bank letter guaranteeing funds, or wire transfer. Balance due by November 6th, 2026 by 4:00 PM CDT. REAL ESTATE TAXES: 2026 real estate taxes shall be prorated. Other online bidding terms apply. PERSONAL PROPERTY: Payment in full and possession given day of item pickup. BUYER’S PREMIUM: A 10% buyer’s premium will be added to all winning bids to determine the final selling price. SALES TAX: A 6% KY sales tax will be charged on the final selling price on all taxable items. IMPORTANT NOTICE: All real estate sold as is where is condition with no warranty or guarantee expressed or implied. Although information has been obtained from sources deemed reliable, neither the seller nor the auctioneer makes any warranty or guarantee, expressed or implied, as to the accuracy of the information herein contained. It is for this reason that buyers should avail themselves of the opportunity to inspect prior to the auction. All announcements from the auction block take precedence over any printed material or any oral statements made. Not responsible for accidents.
REAL ESTATE TERMS:
1. Real Estate Terms and Conditions:
NOTE: If you require any type of government guaranteed loan such as VA, FHA, RHS or KY Housing Corporation, PLEASE DO NOT BID! There are no financing contingencies for homes sold at auction. If you are obtaining financing it is recommended that you use a conventional type loan only. You should speak with your loan officer prior to bidding to ensure that the financing can be completed within the allowed time frame and according to the terms and conditions as shown on the purchase contract agreement and addendum.
2. This online only auction is a cash sale not contingent on or subject to financing, appraisal, survey or inspections of any kind, as agreed to by bidders at registration prior to bidding and specified in the attached Agreement to Purchase Real Estate.
3. A Buyer’s Premium of 10% is added to the high bid. At the close of the auction, the successful Bidder will be emailed an Agreement to Purchase Contract to be executed and returned to Barr Brothers Realty & Auction, LLC within Forty-Eight (48) hours. Successful Bidders will make their deposits in the form of cash, cashier’s check, or wire transfer with Barr Brothers Realty & Auction, LLC within Forty-Eight (48) hours of the completion of the auction.
4. Purchaser will be responsible for all wire transfers.
5. Per the Contract, time is of the essence; you should proceed to closing within Thirty (30) days. Possession shall be given to the successful Buyer(s) at closing. Any closing fees charged by the buyer(s) lender or closing attorney will be a buyer(s) expense.
6. Successful Bidders not executing and returning their Contract with Earnest Money deposit within 72 hours of the conclusion of the auction will be considered in default. If your closing is delayed for any reason, by you, as purchaser or other parties working on your behalf, including any lender you involve, you may be declared in breach of this contract, forfeit all deposits made and could be additionally liable for any and all costs incurred by Seller and Barr Brothers Realty & Auction, LLC incurred in a subsequent resale of the property.
7. Buyer(s) must be prepared to make a cash offer. There are no contingencies to this sale (i.e. financing, appraisal, repairs or inspections). Therefore, you should be pre-qualified by a lender prior to bidding if you require financing. This property is being sold for cash “as is, where is.” with a closing deadline.
8. SERVER & SOFTWARE TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Barr Brothers Realty & Auction, LLC reserves the right to extend bidding, continue the bidding, or close the bidding. Neither the Company providing the software nor Barr Brothers Realty & Auction, LLC shall be held responsible for a missed bid or the failure of the software to function properly for any reason.
9. Barr Brothers Realty & Auction, LLC reserves the right to remove or cancel the bids and or bidding rights and privileges of any party at any time deemed not to be in the best interest of the seller. The identity of all bidders will be verified, bidding rights are provisional and if complete verification is not possible, Barr Brothers Realty & Auction, LLC will reject the registration and bidding activity will be terminated.
10. Barr Brothers Realty & Auction, LLC will make its best efforts to accept and submit your bids. However, due to possible equipment malfunctions, lapsed time due to internet connections or bidders not acting quickly enough, we do not guarantee that a bid will be received and/or accepted. It is of no benefit to wait to the last second to submit a bid. In the event bidding is active the auto extend feature will automatically extend the time unless we inform you otherwise. It is for this reason that we highly recommend that you submit any and all bids as quickly as you can to ensure that it is received/accepted.
11. Auctioneers and/or a Barr Brothers Realty & Auction, LLC representative have the option of reopening the bidding for any item if they deem a computer or electronic malfunction prevented a potential or existing bidder from placing bids. Even though a bidding time may have ended and the computer screen may show the bidding is CLOSED. The auctioneers and/or a Barr Brothers Realty & Auction, LLC representative may reopen the bidding at their sole discretion.
12. Barr Brothers Realty & Auction, LLC reserves the right to change a bidder’s user name and/or password at any time for any reason.
13. Buyer acknowledges they are buying property “as is, where is”, without inspections or contingencies, Buyer(s) will rely on his/her own judgment and inspection.
14. Barr Brothers Realty & Auction, LLC and their representatives are Exclusive Agents of the Seller(s).
15. Real Estate is sold subject to any and all existing matters of record and all easements building use or zoning laws and regulations.
16. All Barr Brothers Realty & Auction, LLC Online Only Real Estate Auctions are timed events that have an auto-extend feature. Any bid placed within 5 minutes of the auction ending will automatically extend the auction for 5 minutes from the time the bid is placed. Example: If an auction scheduled to end at 12:00 p.m. receives a bid at 11:59 a.m., the close time of the auction automatically extends to 12:04 p.m. The auto-extend feature remains active until no further bids are received within the 5 minute time frame.
17. IMPORTANT NOTICE: Bidders agree to keep their username and password confidential as they are responsible for ANY and ALL activity involving their account.
18. When using the website you must obey any and all local, state and federal laws. Violations will result in termination of website use privileges.
19. Auction company employees and/or auction company may bid on auction items.
20. We gather aggregate information from this web site which may include but is not limited to: number of page visitors, most visited pages, any and all correspondence. All property sold “as is where is” condition with no warranty or guarantee expressed or implied. Although information has been obtained from sources deemed to be reliable, neither the seller nor the auctioneer makes any warranty or guarantee, expressed or implied as to the accuracy of the information herein contained. It is for this reason that buyers should avail themselves of the opportunity to make an inspection prior to the auction. All instant announcements from the auction company take precedence over any printed material or any oral statements made. Not responsible for accidents.
21. This is a binding agreement upon the buyer. If the buyer defaults on this agreement, the real estate can be sold again. The buyer will be responsible for paying the monetary difference between the selling prices and all expenses incurred in the resale including but not limited to advertising, promotion, sales fees, closing fees, buyers premiums, attorney fees and court costs.
22. Any and all bidders acknowledge, agree, and accept that Barr Brothers Realty & Auction, LLC reserves the right to disclose or not to disclose, at their discretion, the identity of any bidders to other bidders after the completion of any auction.
PERSONAL PROPERTY TERMS:
1. Your computer will automatically refresh with new bids. You do not need to refresh your webpage. Refreshing may cause a delay in your bidding experience due to the reloading of the entire page.
2. Bidding Increments:
Each Barr Brothers Realty & Auction, LLC auction may have different bidding increments. The software will calculate the next bid amount before submitting the bid.
3. Auction Ending:
Barr Brothers Realty & Auction, LLC Online Auctions are timed events and all bidding will close at a specified time. Barr Brothers Realty & Auction, LLC Online Auctions also have an auto-extend feature. Any bid placed in the final three (3) minutes of an auction, the auction ending will be automatically extended three (3) minutes from the time the bid was placed. The auto-extend feature remains active until no further bids are received within a three (3) minute time frame. The extension time normally applies to individual lots only. However, some lots may be subject to an extend all feature where two or more lots will extend when bids are placed on any of those lots.
4. Outbid Notification:
Until the auction begins to close, the bidding software will notify bidders by email when they have been outbid. Bidders may also find out if they have been outbid by refreshing the individual lot information. Due to varying internet connections/speed, please place a max bid or constantly monitor the auction at close of bidding. Sometimes email notifications can be delayed.
5. Property Information & Inspection:
Barr Brothers Realty & Auction, LLC is not responsible for any missing or incorrect listing information. Barr Brothers Realty & Auction, LLC has attempted to provide accurate descriptions of all items in the auction. However, it is the bidder's responsibility to inspect/view online the item and determine the condition of each lot. Descriptions that are provided by Barr Brothers Realty & Auction, LLC are provided in good faith and are matters of opinion. The only recourse for the buyer of an item or items that are missing or damaged prior to pick up is not paying for the item.
NOTE: If the pictures displayed with descriptions do not appear to match, please call 270-422-2222 or 270-580-2244 to report the auction date and item number.
6. Sold "As Is Where Is":
Barr Brothers Realty & Auction, LLC and the seller furnish all auction items to buyers “As Is”, unsupported, without warranty of any kind. Barr Brothers Realty & Auction, LLC and the seller disclaims all warranties, express or implied, including the implied warranties of merchantability and fitness for a particular purpose. Items are sold in their actual current condition, with all faults and defects, and with all errors of description. Barr Brothers Realty & Auction, LLC liability to a purchaser will never exceed the purchase price actually paid for an item.
Bidders accept all auction items “with all faults”, whether or not immediately apparent. Bidders are responsible for ascertaining actual current condition through personal inspection and careful review of the description, pictures, video and/or support documentation. Every bidder agrees that his or her decision to bid and the amount he or she bids have been based solely on his or her own independent inspection and evaluation of the auction items.
7. Auctioneer's Discretion:
Barr Brothers Realty & Auction, LLC has full discretion to modify the date and time, order, bidding increments, and details of the sale of any item or conduct of any auction for any reason or no reason at all, including but not limited to technical issues, emergencies, power failures or weather conditions in any area of the world, and convenience of Barr Brothers Realty & Auction, LLC or the seller.
8. Server & Software Technical Issues:
In the event that there are technical difficulties related to the server, software or any other online auction-related technologies, Barr Brothers Realty & Auction, LLC reserves the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software nor Barr Brothers Realty & Auction, LLC shall be held responsible for a missed bid or the failure of the software to function properly for any reason. Email notifications may be sent to registered bidders with updated information as deemed necessary by Barr Brothers Realty & Auction, LLC.
9. Terms:
Barr Brothers Realty & Auction, LLC reserves the right to reject any and all bids for any reason. An accepted bid is a legal binding contract. Items become the full responsibility of the bidder at the time that payment is received. The bidder assumes all risk of loss or damage to the item at that time. Barr Brothers Realty & Auction, LLC reserves the right to resell any personal property that is not paid for in full by the conclusion of the stated pickup date and time. In any such event, the bidder will still be responsible for payment for the original purchase and the costs of collection of this payment and/or damages resulting for the resale of the property. Barr Brothers Realty & Auction, LLC reserves the right to change bidders’ username and or password for any reason deemed necessary by Barr Brothers Realty & Auction, LLC.
Buyer and or Bidder agrees to hold harmless and indemnify Barr Brothers Realty & Auction, LLC and its Members, Agents, Owners, Directors, Employees and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc.
10. Buyer's Premium:
There will be a ten percent (10%) Buyer’s Premium added to the final bid price to determine the final selling price of the auction lot.
11. Payment:
Payment must be made before item(s) are removed by the specified date on the auction advertisement. All sales are final. There are no returns, refunds, or adjustments. Barr Brothers Realty & Auction, LLC accepts the following forms of payment: Cash, Wire Transfer, personal check, Cashier’s Check and Money Orders.
For all winning bidders located 50 miles or more from 879 Hillcrest Drive, Brandenburg, KY 40108, any invoice(s) totaling $5,000 or more, must be paid in full via bank wire transfer or certified cashier's check on or before the designated pay and pick up day of the auction. Any payments made by wire transfer will be subject to wire transfer fees.
12. Auction Cancellation:
Barr Brothers Realty & Auction, LLC reserves the right to cancel this auction, or remove any item or lot from this auction prior to the close of bidding.
13. Bidder Verification:
The identity of all bidders will be verified. Bidding rights are provisional, and if complete verification is not possible, Barr Brothers Realty & Auction, LLC will reject the registration, and bidding activity will be terminated. The Seller and Barr Brothers Realty & Auction, LLC reserve the right to preclude any person from bidding if there is any question as to the person’s ability to perform, credentials, mental fitness, etc.
14. Bidder Responsibilities:
Bidder responsibilities include, but are not limited to: Bidders agree to keep their username and password confidential, as they are responsible for ANY and ALL activity involving their account. When using the web site you must obey any and all local, state and federal laws. Violations will result in termination of web site use privileges. Auction company employees and/or auction companies may bid on auction items. We gather aggregate information from the website which may include but is not limited to: number of page visitors, most visited pages, and any and all correspondence.
15. Personal Property Pickup:
All items must be picked up from the address listed on the auction, as well as the date and time listed, once Barr Brothers Realty & Auction, LLC has received and acknowledged payment in full. Items will not be released to buyers until payment is made in full to Barr Brothers Realty & Auction, LLC Bidders are responsible for rigging, loading, and moving all items purchased without assistance from Barr Brothers Realty & Auction, LLC. If you are the winning bidder on large items that require equipment to load, you will be contacted by Barr Brothers Realty & Auction, LLC to schedule pickup arrangements.
16. Security:
Surveillance and security are on site; please do not enter the property except at the specified preview date and time or by appointment.
17. Default:
If purchases are not settled by the specified pick up day, it will be considered in default. Upon default the bidder will be black listed/blocked from bidding on Barr Brothers Realty & Auction, LLC auctions, as well as MarkNet Alliance auctions and may be charged ten percent (10%) of bid price or five hundred dollars ($500), whichever is greater. All defaulted items may be offered to any qualified bidder at the discretion of Barr Brothers Realty & Auction, LLC.
The bidder agrees to pay all reasonable attorney fees and other costs incurred by Barr Brothers Realty & Auction, LLC in its efforts to collect unpaid funds from the bidder. The bidder agrees that a fee of two percent (2%) of the outstanding balance per month be added to any unpaid balance due Barr Brothers Realty & Auction, LLC Any dispute will be tried in a court of jurisdiction in Breckinridge or Meade County, Kentucky.
EACH PARTY HEREBY KNOWINGLY, VOLUNTARILY, AND INTENTIONALLY WAIVES (TO THE EXTENT PERMITTED BY APPLICABLE LAW) ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY OF ANY DISPUTE ARISING UNDER OR RELATING TO THIS AGREEMENT AND AGREES THAT ANY SUCH DISPUTE SHALL BE TRIED BEFORE A JUDGE SITTING WITHOUT A JURY.
18. Guaranty Agreement:
By submitting a bid in the name of a business entity or corporation, the individual submitting the bid enters into a guaranty agreement whereby he or she personally guarantees payment to Barr Brothers Realty & Auction, LLC of any bid amount not paid when due by the business entity or corporation, for any reason, together with all collection expenses incurred to enforce collection, including a reasonable attorney's fee.
19. Limitation of Liability:
If, for any reason, Barr Brothers Realty & Auction, LLC is unable to make available or deliver any Purchase, or portion thereof, or documentation required in respect of any Purchase at time of pickup, the sole liability of Barr Brothers Realty & Auction, LLC, if any, shall be the return of any paid monies in respect of such Purchase upon its return by Purchaser.
20. Disputes:
Any dispute between Barr Brothers Realty & Auction, LLC, its Members, Agents or Representatives and the Buyer(s) will be tried in a court of jurisdiction in Breckinridge or Meade Counties, Kentucky. By bidding on any item, buyer agrees to all terms and conditions set forth.
21. Age Requirement:
All bidders must be eighteen (18) years of age or older.
22. Firearms Regulations:
Bidders must abide by any local, state, or federal laws set forth on any firearm purchases. All firearms must be picked up from the gun dealer by the person whose name is listed on the invoice.
23. Bidding Notes:
If the “starting” bid is $2 and the asking bid is $2, a bid has not yet been placed on the item.
If the “current” bid is $2 and the asking bid is $4, a two dollar bid has been placed on the item.
The above examples are the only time that two dollar bids are allowed.
If you placed a bid for a certain dollar amount, then notice that another bidder has the current winning bid for the same dollar amount, it is because the other bidder had previously placed a “max” bid for the same amount. The situation indicates the winning bidder had actually placed the “max” bid prior to your bid but the bid had not yet been forced higher by competing bids. Your bid caused the winning bidder’s bid to escalate to the bidder’s “max” bid.
24. NOTICE: IMPORTANT/PLEASE READ: Auctioneers and/or a Barr Brothers Realty & Auction, LLC representative have/has the option of reopening the bidding for any item/items if they deem a computer or electronic malfunction prevented a potential or existing bidder(s) from placing bids. Even though a bidding time may have ended, and the computer screen may show the bidding is “CLOSED”. The auctioneers and/or a Barr Brothers Realty & Auction, LLC representative may reopen the bidding at their sole discretion.
25. After the online auction is completed, should a winning bidder be unresponsive to pay/pickup, does not schedule a pay/pickup, or does not contact the auctioneers, Barr Brothers Realty & Auction, LLC reserves the right to, on behalf of the seller, assign a new buyer and price to the initial winning bidders lot(s)/item(s).
26. Loading, Rigging and Dismantling Items:
While personnel at loading sites may assist Buyers, Buyer assumes all responsibility and liability for the loading, rigging, dismantling, securing, transportation, and unloading of purchased goods. Buyer agrees to hold the Seller and Barr Brothers Realty & Auction, LLC harmless for any property damage or injuries related to the loading, rigging, dismantling, securing, transportation, loading and unloading.
27. Any and all bidders acknowledge, agree, and accept that Barr Brothers Realty & Auction, LLC reserves the right to disclose or not to disclose, at their discretion, the identity of any bidders to other bidders after the completion of any auction.
28. Barr Brothers Realty & Auction, LLC and their representatives are Exclusive Agents of the Seller(s).
