Renè Bates Auctioneers, Inc.

Carrollton/Farmers Branch Independent School District, Texas - Sale of Real Estate by Sealed Bid Only - CLOSED
Date & Time:	Sealed Bids Accepted Until 3:00 PM CST on July 29, 2010
Location:	The parcel of real estate being sold by SEALED BID is located at: 18115 Justice Lane, Dallas, Texas.
Highlights:	Photo gallery - Selling 1 Parcel of Real Estate. The property to be sold is located at 18115 Justice Lane, further described as: Consisting of Lot Number 1E and the house located on Lot Number 1F, located at 18115 Justice Lane in the City of Dallas, Dallas County, Texas, including .2590 acres, more or less. Minimum bid for Parcel B is $112,000.00. A CASHIER'S CHECK FOR 10% OF YOUR BID PRICE MUST BE INCLUDED WITH YOUR BID OFFER FORM. THE CASHIER'S CHECK MUST BE PAYABLE TO THE CARROLLTON-FARMERS BRANCH I.S.D.
Notes:	INSPECTION: Inspection for the property will be: BY APPOINTMENT ONLY - Please contact Robert McLaughlin at (972) 968-6334 to schedule an appointment. INFORMATION: Contact Robert McLaughlin, Director of Purchasing, Carrollton-Farmers Branch I.S.D., 1505 Randolph Street, Carrollton, Texas 75006. Phone: (972) 968-6334 Click here...to review and download the Bid Offer Form Document. Minimum bid for Parcel B is $112,000.00. A CASHIER'S CHECK FOR 10% OF YOUR BID PRICE MUST BE INCLUDED WITH YOUR BID OFFER FORM. THE CASHIER'S CHECK MUST BE PAYABLE TO THE CARROLLTON-FARMERS BRANCH I.S.D. Click here...to review and download the Justice Lane Special Warranty Deed. Click here...to review and download the Notice offer of property for sale - July 1 - sealed bid to Purchasing Office - Final revision. Click here...to review and download the Disclosure Notice to Bidders. Click here...to review and download the Stonebriar Property Inspection Final Report. Click here...to review and download the Building & Use Restrictions. An evaluation of the foundation has been conducted by Hill Engineering. You may contact Hill Engineering for information regarding their evaluation of the foundation on this property. Please contact Bill Hill or Sharon Hill at 214-320-2933.
Terms:	NOTICE OF OFFER OF PROPERTY FOR SALE Minimum bid for Parcel B is $112,000.00. A CASHIER'S CHECK FOR 10% OF YOUR BID PRICE MUST BE INCLUDED WITH YOUR BID OFFER FORM. THE CASHIER'S CHECK MUST BE PAYABLE TO THE CARROLLTON-FARMERS BRANCH I.S.D. Carrollton-Farmers Branch Independent School District hereby provides notice to the general public pursuant to Chapter 272 of the Texas Local Government Code of an offer to sell property owned by the Carrollton-Farmers Branch Independent School District. Carrollton-Farmers Branch Independent School District will receive sealed bids to buy the property until 3:00 p.m. on July 29, 2010, via mail to the following address: Purchasing Office – C-FB ISD 1505 Randolph St. Carrollton TX 75006 Re: Justice Lane Property Sale ___________________________________} The property to be sold includes the lot and improvements located at 18115 Justice Lane and the adjoining residential lot, further described as: a. Parcel B consisting of Lot Number 1E and Lot Number 1F (including a vacant structure previously used as administrative offices), located at 18115 Justice Lane in the City of Dallas, Dallas County, Texas, including 0.2590 acres, more or less. Minimum bid for Parcel B is $112,000.00. The purchase price must be payable all cash. No one tendering a bid may withdraw that bid for a period of 30 days after July 29, 2010. The School District reserves the right to reject all bids, give notice, and call for additional bids. Sale of the above parcels is subject to approval by the School District’s Board of Trustees. An Earnest Money Contract must be on such terms as are acceptable to Carrollton-Farmers Branch Independent School District. Any sales contract or deed shall include the provision that this property is being sold “AS IS, WHERE IS, AND WITH ALL FAULTS.” A Special Warranty Deed from Carrollton-Farmers Branch Independent School District must contain restrictive covenants as required by United States of America v. State of Texas, et al., Civil Action No. 5281, D.C., Eastern District of Texas, Tyler Division. A copy of the restrictive covenants, certain disclosures regarding the property, and additional information may be obtained from Robert McLaughlin, Director of Purchasing, Carrollton-Farmers Branch I.S.D., 1505 Randolph Street, Carrollton, Texas 75006. The School District may require a disclosure notice to be signed by the winning bidder.
Contact:	Renè Bates Auctioneers, Inc. 4660 County Road 1006 McKinney TX 75071 Phone: 972-548-9636 Fax: 972-542-5495 Email Web-page