Public Auction – Manufactured Homes – FOR SALE TO LICENSED RETAILERS
Public Auction – Manufactured Homes – FOR SALE TO LICENSED RETAILERS
Notice of Public Auction - FOR SALE TO LICENSED RETAILERS: Legacy Housing Corporation, as lienholder, is selling 137 mobile homes as 20 sets of homes, each ranging between 2 and 13 homes, located at 6650 Broad Oak Street, Beaumont, TX 77713. See Details for more information.
End Date: Wed, 10 April 2024, 10:00 am
Address : Jefferson County Courthouse, Beaumont, TX
Notice of Public Auction – FOR SALE TO LICENSED RETAILERS, REV 04052024.1
Legacy Housing Corporation, as lien holder, is selling 137 mobile homes as 20 sets of homes, each ranging between 2 and 13 homes, located at 6650 Broad Oak Street, Beaumont, TX 77713. These homes were manufactured between 2017 and 2022. The sale will take place at the most northerly door of the Jefferson County Courthouse, 1001 Pearl Street, Beaumont, Texas, on April 10, 2024 at 10:00 AM, or at the place that may be designated by the Jefferson County Commissioner’s Court on the date of sale as the place for conducting non-judicial sales of personal property.
The sale will be conducted by Jones Swenson Auctions as a public auction to the highest bidder for cash, subject to the provisions of the notes and security agreements and Texas law permitting the lien holder to have its bid credited to the note up to the amount of the unpaid debt secured by the security agreement at the time of sale. Those desiring to purchase the property will need to provide a cashier’s check in the amount of $20,000 made payable to themselves in order to register for the auction. Copies of the titles to each mobile home to be sold, terms & conditions and other auction information, can be obtained by contacting Jones Swenson Auctions at Scott@JonesSwenson.com or (512)261-3838 or visiting www.JonesSwenson.com.
The mobile homes will be sold in “as is, where is” condition, without any express or implied warranties. Prospective bidders are advised to conduct an independent investigation of the nature and physical condition of the property. The mobile homes may or may not be occupied by tenants. Any purchaser of these mobile homes shall take the collateral subject to any currently valid lease agreements. All purchasers must in every way comply with any applicable state or federal law to ensure that no legal or contractual rights of any tenant are violated as a result of any post sale or pre-sale inspection of the property. This provision takes precedence over any other term of the sale, even if it would seem to contradict another term.For a list of the mobile homes in each set and a copy of the full Terms & Conditions, please contact Auctioneer, Scott Swenson at Scott@JonesSwenson.com or call the auction office at (512)261-3838.
Legacy Housing Corporation, as lien holder, is selling 137 mobile homes as 20 sets of homes, each ranging between 2 and 13 homes, located at 6650 Broad Oak Street, Beaumont, TX 77713. These homes were manufactured between 2017 and 2022. The sale will take place at the most northerly door of the Jefferson County Courthouse, 1001 Pearl Street, Beaumont, Texas, on April 10, 2024 at 10:00 AM, or at the place that may be designated by the Jefferson County Commissioner’s Court on the date of sale as the place for conducting non-judicial sales of personal property.
The sale will be conducted by Jones Swenson Auctions as a public auction to the highest bidder for cash, subject to the provisions of the notes and security agreements and Texas law permitting the lien holder to have its bid credited to the note up to the amount of the unpaid debt secured by the security agreement at the time of sale. Those desiring to purchase the property will need to provide a cashier’s check in the amount of $20,000 made payable to themselves in order to register for the auction. Copies of the titles to each mobile home to be sold, terms & conditions and other auction information, can be obtained by contacting Jones Swenson Auctions at Scott@JonesSwenson.com or (512)261-3838 or visiting www.JonesSwenson.com.
The mobile homes will be sold in “as is, where is” condition, without any express or implied warranties. Prospective bidders are advised to conduct an independent investigation of the nature and physical condition of the property. The mobile homes may or may not be occupied by tenants. Any purchaser of these mobile homes shall take the collateral subject to any currently valid lease agreements. All purchasers must in every way comply with any applicable state or federal law to ensure that no legal or contractual rights of any tenant are violated as a result of any post sale or pre-sale inspection of the property. This provision takes precedence over any other term of the sale, even if it would seem to contradict another term.For a list of the mobile homes in each set and a copy of the full Terms & Conditions, please contact Auctioneer, Scott Swenson at Scott@JonesSwenson.com or call the auction office at (512)261-3838.
___________________________________________________
Jones Swenson Auctions
Specializing in"Sold!" Since 1983
Office: (512)261-3838 Email: Scott@JonesSwenson.com
W. Scott Swenson, CAI, GPPA - Texas Auctioneer License #7809
PUBLIC FORECLOSURE AUCTION TERMS AND CONDITIONS – FOR SALE TO LICENSED RETAILERS – REV 4/05/24
All bidders must register and acknowledge they have read and agree to these “Terms and Conditions” of the auction prior to bidding. It is important that you familiarize yourself with the terms and conditions as all sales are final and irrevocable. The terms of sale are non-negotiable. Registration at the auction finalizes each bidder's agreement to the terms and conditions of the sale. Do not bid until you have read the terms and conditions. There is no fee to register, but a deposit is required as set forth below. By bidding you are representing to Jones Swenson Auctions ("Auctioneer") and Legacy Housing Corporation that you have read and agree to be bound by the terms and conditions for this auction as stated herein. Successful bidders will purchase the mobile homes subject to the rights, if any, of existing tenants under Texas and federal law. Successful Bidders are responsible for compliance with Chapter 1201 of the Texas Occupations Code and all Texas Department of Housing and Community Affairs rules.
Any purchaser of these mobile homes shall take the collateral subject to any currently valid lease agreements. This provision takes precedence over any other term of the sale, even if it would seem to contradict another term.
If you do not agree with any of the terms and conditions stated DO NOT BID.
Auctioneer’s Note: Jones Swenson Auctions, has been contracted to conduct the auction of the property for Legacy Housing Corporation (“Lienholder”).
Property Description: 137 mobile homes as 20 sets of homes, each ranging between 2 and 13 homes, located at 6650 Broad Oak Street, Beaumont, TX 77713. These homes were serial number on Exhibit “A” attached hereto and incorporated herein. Copies of the titles to each mobile home to be sold can be obtained by visiting www.JonesSwenson.com.
Location: The sale will take place at the most northerly door of the Jefferson County Courthouse, 1001 Pearl Street, Beaumont, Texas, on April 10, 2024 at 10:00 AM, or at the place that may be designated by the Jefferson County Commissioner’s Court on the date of sale as the place for conducting non-judicial sales of real property.
Auction Date: Wednesday, April 10, 2024
Sale Time: 10:00 A.M.
Inspection/Preview: The mobile homes are not available for inspection since many of them are occupied by tenants. All prospective purchasers must in every way comply with any applicable state or federal law to ensure that no legal or contractual rights of any tenant are violated as a result of any post-sale or pre-sale inspection of the property.
Buyer’s Premium: There is no buyer’s premium at this sale.
Announcements: All announcements made the day of auction take precedence over any and all previously written advertisements or any prior written or verbal terms of sale. Seller reserves the right to withdraw all or any part of the property from auction at any time.
Deposit: All bidders, with the exception of the Lienholder, must deliver a cashier’s check in the amount of $20,000 made payable to themselves to the Auctioneer in order to register for the auction. Successful bidders will be required to endorser the cashier’s check payable to Legacy Housing Corporation. The remainder of the purchase price is due by 10:00 a.m. CDT, April 12, 2024 and must be made by cashier’s check or wire. Additional payment instructions will be provided to successful bidders. A successful bidder’s obligation to pay the purchase price in full and on time is not contingent upon said bidder’s ability to obtain financing. Upon the completion of the auction, all cashier’s checks deposited by unsuccessful bidders will be returned.Bidding Process: The sale will be conducted by Jones Swenson Auctions as a public auction to the highest bidder for cash, subject to the provisions of the notes and security agreements and Texas law permitting the Lienholder to have its bid credited to the note up to the amount of the unpaid debt secured by the security agreement at the time of sale. Lienholder is not required to submit a deposit or payment except to the extent, if any, its bid exceeds the amount it is owed. No bid may be withdrawn by a bidder once made to the Auctioneer. All bids are an irrevocable offer to buy and shall remain valid and enforceable to until the Auctioneers declares the property “sold” and the auction has concluded. The Auctioneer will call the sale and control any increments of bidding.
Ad valorem taxes: Successful bidders will take the mobile homes subject to all unpaid ad valorem taxes. Successful bidders will also be responsible for any “rollback” property taxes.
Possession: Successful bidders may take full possession upon funding of the full purchase price, subject to the rights of any persons occupying the mobile homes and/or the landowner where they are located under Texas law. Successful bidders will purchase the mobile homes subject to the rights, if any, of existing tenants under Texas and federal law. Successful bidders will purchase the mobile homes subject to the rights, if any, of existing tenants under Texas and federal law. Successful Bidders are responsible for compliance with Chapter 1201 of the Texas Occupations Code and all Texas Department of Housing and Community Affairs rules. Any purchaser of these mobile homes shall take the collateral subject to any currently valid lease agreements.
Title: Legacy Housing Corporation will process the titles and forward them to successful bidders via Fed-Ex or certified mail.Relocation of mobile homes: The mobile homes may or may not be occupied by tenants. Successful bidders will be responsible for relocating the mobile homes purchased and/or removing tenants, if necessary. These costs may include disconnecting existing utilities. Tongues, wheels and tires may or may not be attached to the mobile homes. Steps and porches not part of the original home are not included in the sale and should not be removed from the premises. Any purchaser of these mobile homes shall take the collateral subject to any currently valid lease agreements.
Breach or Failure to Close (Default): If any conditions contained herein are not complied with by a successful bidder, or such bidder fails to pay the full purchase price by the stated deadline, the $20,000 deposit will be forfeited as liquidated damages. However, such forfeiture shall not preclude the Lienholder or Auctioneer from enforcing additional remedies available under Texas law.
Environmental Disclaimer: The Lienholder, Jones Swenson Auctions and their agents, contractors, employees, affiliates and assigns do not warrant or covenant with any bidder with respect to the existence or nonexistence of any pollutants, contaminants, mold, or hazardous materials prohibited by federal, state, or local law in, on, or around the mobile homes.
Disclaimer:Information supplied regarding the mobile homes is subject to the terms and conditions in this agreement. The mobile homes are being offered to the highest bidder “AS IS”, “Where IS” and no warranty or guaranty is expressed or implied, concerning the homes is made by the Lienholder or Auctioneer. Each bidder is encouraged to perform its own independent inquiries and due diligence concerning the mobile homes. Information regarding the mobile homes is being furnished to bidders for the bidder’s convenience and it is the responsibility of the bidder to determine that such information is accurate and complete. Any reliance on the information provided by the Auctioneer or Lienholder shall be solely at the recipient’s risk. Lienholder, Jones Swenson Auctions, and their contractors, employees, firm, affiliates and assigns assume no liability in this matter. Any and all announcements made the day of auction take precedence over any and all previously written advertisements or any prior written or verbal terms of sale, but shall in no event form the basis of any representation or warranty by Lienholder or the Auctioneer. Auctioneer has a right to accept or reject all bids. The Lienholder and Auctioneer reserve the right to prohibit any person from bidding not in good standing with Auctioneer. In case of a tie or disputed bid, the Auctioneer reserves the right to re-open the bidding to determine the highest bid and settle the disputed bid. This is at the sole discretion of the Auctioneer. All decisions made by Auctioneer are final.
Indemnification of Auctioneer and Lienholder: Bidders agree to indemnify and hold Auctioneer and Lienholder and their agents, principals, associates, affiliates, assigns and employees harmless against any and all losses, claims, damages or liabilities and expenses not resulting from Auctioneer’s or Lienholder’s bad faith or gross negligence, including costs of investigation, attorney fees, and disbursements, which may be imposed upon or incurred by Auctioneer and Lienholder hereunder relative to the performance of their duties related to the parties or the property, including without limitation any litigation arising from or in respect of this contract or the transactions contemplated hereby. Auctioneer and Lienholder shall not be liable for any error of judgment or for any act done or omitted by them in good faith. Auctioneer and Lienholder are authorized to act on any document believed by them in good faith to be executed by the proper party or parties, and will incur no liability in so acting. Auctioneer and Lienholder are in all respects and for all purposes third party beneficiaries of this contract to the extent that this contract would entitle them to rights or benefits if they were signatory parties hereto, and each of them is entitled to enforce such rights and benefits, as herein provided, to the same extent they would be entitled if they were such signatory parties. ANY INDEMNIFICATION, DEFENSE OR HOLD HARMLESS OBLIGATION OF BIDDER FOR THE BENEFIT OF AUCTIONEER AND LIENHOLDER IN THIS CONTRACT SHALL SURVIVE THE CLOSING AND/OR TERMINATION OF THIS CONTRACT.
Corrections or Amendments: Any corrections and or amendments will be posted to the Auctioneer’s Website at www.JonesSwenson.com prior to the auction. Bidders will be solely responsible for reviewing any and all possible updated material.
Bidder representations:
All bidders must register and acknowledge they have read and agree to these “Terms and Conditions” of the auction prior to bidding. It is important that you familiarize yourself with the terms and conditions as all sales are final and irrevocable. The terms of sale are non-negotiable. Registration at the auction finalizes each bidder's agreement to the terms and conditions of the sale. Do not bid until you have read the terms and conditions. There is no fee to register, but a deposit is required as set forth below. By bidding you are representing to Jones Swenson Auctions ("Auctioneer") and Legacy Housing Corporation that you have read and agree to be bound by the terms and conditions for this auction as stated herein. Successful bidders will purchase the mobile homes subject to the rights, if any, of existing tenants under Texas and federal law. Successful Bidders are responsible for compliance with Chapter 1201 of the Texas Occupations Code and all Texas Department of Housing and Community Affairs rules.
Any purchaser of these mobile homes shall take the collateral subject to any currently valid lease agreements. This provision takes precedence over any other term of the sale, even if it would seem to contradict another term.
If you do not agree with any of the terms and conditions stated DO NOT BID.
Auctioneer’s Note: Jones Swenson Auctions, has been contracted to conduct the auction of the property for Legacy Housing Corporation (“Lienholder”).
Property Description: 137 mobile homes as 20 sets of homes, each ranging between 2 and 13 homes, located at 6650 Broad Oak Street, Beaumont, TX 77713. These homes were serial number on Exhibit “A” attached hereto and incorporated herein. Copies of the titles to each mobile home to be sold can be obtained by visiting www.JonesSwenson.com.
Location: The sale will take place at the most northerly door of the Jefferson County Courthouse, 1001 Pearl Street, Beaumont, Texas, on April 10, 2024 at 10:00 AM, or at the place that may be designated by the Jefferson County Commissioner’s Court on the date of sale as the place for conducting non-judicial sales of real property.
Auction Date: Wednesday, April 10, 2024
Sale Time: 10:00 A.M.
Inspection/Preview: The mobile homes are not available for inspection since many of them are occupied by tenants. All prospective purchasers must in every way comply with any applicable state or federal law to ensure that no legal or contractual rights of any tenant are violated as a result of any post-sale or pre-sale inspection of the property.
Buyer’s Premium: There is no buyer’s premium at this sale.
Announcements: All announcements made the day of auction take precedence over any and all previously written advertisements or any prior written or verbal terms of sale. Seller reserves the right to withdraw all or any part of the property from auction at any time.
Deposit: All bidders, with the exception of the Lienholder, must deliver a cashier’s check in the amount of $20,000 made payable to themselves to the Auctioneer in order to register for the auction. Successful bidders will be required to endorser the cashier’s check payable to Legacy Housing Corporation. The remainder of the purchase price is due by 10:00 a.m. CDT, April 12, 2024 and must be made by cashier’s check or wire. Additional payment instructions will be provided to successful bidders. A successful bidder’s obligation to pay the purchase price in full and on time is not contingent upon said bidder’s ability to obtain financing. Upon the completion of the auction, all cashier’s checks deposited by unsuccessful bidders will be returned.Bidding Process: The sale will be conducted by Jones Swenson Auctions as a public auction to the highest bidder for cash, subject to the provisions of the notes and security agreements and Texas law permitting the Lienholder to have its bid credited to the note up to the amount of the unpaid debt secured by the security agreement at the time of sale. Lienholder is not required to submit a deposit or payment except to the extent, if any, its bid exceeds the amount it is owed. No bid may be withdrawn by a bidder once made to the Auctioneer. All bids are an irrevocable offer to buy and shall remain valid and enforceable to until the Auctioneers declares the property “sold” and the auction has concluded. The Auctioneer will call the sale and control any increments of bidding.
Ad valorem taxes: Successful bidders will take the mobile homes subject to all unpaid ad valorem taxes. Successful bidders will also be responsible for any “rollback” property taxes.
Possession: Successful bidders may take full possession upon funding of the full purchase price, subject to the rights of any persons occupying the mobile homes and/or the landowner where they are located under Texas law. Successful bidders will purchase the mobile homes subject to the rights, if any, of existing tenants under Texas and federal law. Successful bidders will purchase the mobile homes subject to the rights, if any, of existing tenants under Texas and federal law. Successful Bidders are responsible for compliance with Chapter 1201 of the Texas Occupations Code and all Texas Department of Housing and Community Affairs rules. Any purchaser of these mobile homes shall take the collateral subject to any currently valid lease agreements.
Title: Legacy Housing Corporation will process the titles and forward them to successful bidders via Fed-Ex or certified mail.Relocation of mobile homes: The mobile homes may or may not be occupied by tenants. Successful bidders will be responsible for relocating the mobile homes purchased and/or removing tenants, if necessary. These costs may include disconnecting existing utilities. Tongues, wheels and tires may or may not be attached to the mobile homes. Steps and porches not part of the original home are not included in the sale and should not be removed from the premises. Any purchaser of these mobile homes shall take the collateral subject to any currently valid lease agreements.
Breach or Failure to Close (Default): If any conditions contained herein are not complied with by a successful bidder, or such bidder fails to pay the full purchase price by the stated deadline, the $20,000 deposit will be forfeited as liquidated damages. However, such forfeiture shall not preclude the Lienholder or Auctioneer from enforcing additional remedies available under Texas law.
Environmental Disclaimer: The Lienholder, Jones Swenson Auctions and their agents, contractors, employees, affiliates and assigns do not warrant or covenant with any bidder with respect to the existence or nonexistence of any pollutants, contaminants, mold, or hazardous materials prohibited by federal, state, or local law in, on, or around the mobile homes.
Disclaimer:Information supplied regarding the mobile homes is subject to the terms and conditions in this agreement. The mobile homes are being offered to the highest bidder “AS IS”, “Where IS” and no warranty or guaranty is expressed or implied, concerning the homes is made by the Lienholder or Auctioneer. Each bidder is encouraged to perform its own independent inquiries and due diligence concerning the mobile homes. Information regarding the mobile homes is being furnished to bidders for the bidder’s convenience and it is the responsibility of the bidder to determine that such information is accurate and complete. Any reliance on the information provided by the Auctioneer or Lienholder shall be solely at the recipient’s risk. Lienholder, Jones Swenson Auctions, and their contractors, employees, firm, affiliates and assigns assume no liability in this matter. Any and all announcements made the day of auction take precedence over any and all previously written advertisements or any prior written or verbal terms of sale, but shall in no event form the basis of any representation or warranty by Lienholder or the Auctioneer. Auctioneer has a right to accept or reject all bids. The Lienholder and Auctioneer reserve the right to prohibit any person from bidding not in good standing with Auctioneer. In case of a tie or disputed bid, the Auctioneer reserves the right to re-open the bidding to determine the highest bid and settle the disputed bid. This is at the sole discretion of the Auctioneer. All decisions made by Auctioneer are final.
Indemnification of Auctioneer and Lienholder: Bidders agree to indemnify and hold Auctioneer and Lienholder and their agents, principals, associates, affiliates, assigns and employees harmless against any and all losses, claims, damages or liabilities and expenses not resulting from Auctioneer’s or Lienholder’s bad faith or gross negligence, including costs of investigation, attorney fees, and disbursements, which may be imposed upon or incurred by Auctioneer and Lienholder hereunder relative to the performance of their duties related to the parties or the property, including without limitation any litigation arising from or in respect of this contract or the transactions contemplated hereby. Auctioneer and Lienholder shall not be liable for any error of judgment or for any act done or omitted by them in good faith. Auctioneer and Lienholder are authorized to act on any document believed by them in good faith to be executed by the proper party or parties, and will incur no liability in so acting. Auctioneer and Lienholder are in all respects and for all purposes third party beneficiaries of this contract to the extent that this contract would entitle them to rights or benefits if they were signatory parties hereto, and each of them is entitled to enforce such rights and benefits, as herein provided, to the same extent they would be entitled if they were such signatory parties. ANY INDEMNIFICATION, DEFENSE OR HOLD HARMLESS OBLIGATION OF BIDDER FOR THE BENEFIT OF AUCTIONEER AND LIENHOLDER IN THIS CONTRACT SHALL SURVIVE THE CLOSING AND/OR TERMINATION OF THIS CONTRACT.
Corrections or Amendments: Any corrections and or amendments will be posted to the Auctioneer’s Website at www.JonesSwenson.com prior to the auction. Bidders will be solely responsible for reviewing any and all possible updated material.
Bidder representations:
- I have read, understand and agree to the Terms and Conditions of the mobile home auction as set forth herein.
- I understand that I do NOT have an agency relationship with Jones Swenson Auctions, its auctioneers, contractors, employees, brokers, affiliates, or assigns or any parties associated therewith.
- I accept full responsibility for due diligence on the mobile homes on which I am bidding. • I understand I am responsible for the costs and accept full responsibility for relocating any mobile homes I may purchase and removing any tenants that may be occupying said mobile homes.
- I understand that all mobile homes will be sold “AS IS, WHERE IS. WITH NO GUARANTEESOR WARRANTIES EITHER EXPRESSED OR IMPLIED”.
- I understand that, in the event I am a successful high bidder on one or more sets of mobile homes, and I fail to pay the balance of the purchase price by 10:00 a.m. CDT on April 12, 2024, my $20,000.00 deposit will be forfeited.
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