Bidding Terms and Conditions of Real Estate Auction

Online Only Auction
All announcements day of sale take precedence over any previously advertised material.
Thank you for participating in this online auction event (the "Auction"). Please read these Terms & Conditions carefully. By placing a bid, you agree to be bound by all conditions of sale outlined below.

Jason Deel (referred to herein as "Auctioneer") is conducting this auction in cooperation with Baker Auction Company as the real estate brokerage firm.

Inspection
The property is available for inspection by appointment. Real estate agents may show the property to prospective buyers by scheduling an appointment and completing buyer registration.

Registration
All bidders must register with the Auction Firm prior to bidding. Online bidders must complete the online registration process. By registering, all bidders acknowledge and accept these Terms & Conditions.

Agency
The Auction Firm and its agents represent the Seller only in this transaction. Any cooperation with buyer agents or referring brokers is as a courtesy and does not create an agency relationship with the buyer.

Contracts & Deposit
The high bidder shall sign the Purchase and Sale Agreement and deliver a non-refundable deposit of 10% at the conclusion of the auction, or the next business day if after business hours.� Deposits must be made by check or wire transfer. Upon the Seller�s confirmation of the sale, the Purchase and Sale Agreement shall be binding on both Buyer and Seller and may not be revoked or terminated by either party except as expressly provided in the Agreement.

Auction Method & Closing
This auction is online only. The property is selling subject to seller confirmation.

Closing shall occur no later than 30 days following the auction. Time is of the essence. The Buyer will pay customary closing costs. The Seller will convey the property via General Warranty Deed and provide clear title. Possession is granted at closing.

Buyer's Premium
A 10% Buyer's Premium will be added to the high bid to determine the Total Purchase Price.

Pre-Auction Offers
The Seller reserves the right to accept a pre-auction offer and cancel or modify the auction at any time.

Contingencies
No contingencies will be accepted for financing, inspections, or appraisals. The property is selling AS-IS, WHERE-IS.

Condition of Property
The property is sold in AS-IS, WHERE-IS condition with no warranties or guarantees expressed or implied by the Auction Firm or Seller. Buyers are encouraged to conduct all inspections prior to bidding.

Technology Disclaimer
JD's Realty & Auction may utilize third-party bidding platforms or services. The Auction Firm is not liable for missed bids or errors due to technological failures, internet disruptions, or service provider issues.

Force Majeure
The Auction Firm shall not be held liable for delays or inability to perform due to acts of God, war, government regulation, pandemic, natural disaster, or events beyond its control.

Broker Participation
Referring brokers are eligible for a commission of the high bid amount, provided they:
- Register their client in writing before any contact is made with Auction Firm
- Remain actively involved in the transaction through closing
- Send JD's a copy of the Buyer Representation agreement.

High Bidder Notification
Winning bidders will be notified by email only. Bidders are responsible for monitoring their email and completing contract obligations on time.

Jurisdiction & Venue
This agreement and any related disputes shall be governed by the laws of the State of Kentucky. All legal actions or claims must be filed exclusively in Boyle County, Kentucky.

Buyer Beware
By placing a bid, the bidder acknowledges that they have had an opportunity to inspect the property and are purchasing it AS-IS, WHERE-IS, and AS-INSPECTED, with all faults. The Auctioneer reserves the right to place bids on behalf of the Seller.

Final Note
These Terms & Conditions may only be modified in writing by JD's Realty & Auction. By registering and placing a bid, you acknowledge that you have read and understood all terms stated herein.

Tucked away in the scenic hills of Bell County, this inviting property on Laurel Springs Road offers a rare opportunity to purchase a piece of Eastern Kentucky charm at auction. Surrounded by natural beauty and the quiet rhythm of rural living, this property is ideal for buyers seeking privacy, space, and the freedom that comes with a country setting�while still being just minutes from the conveniences of downtown Pineville. The setting immediately draws you in, with a peaceful landscape that feels removed from the rush of everyday life. Whether you envision this property as a primary residence, a weekend retreat, or an income-producing investment, the location provides the perfect backdrop. The surrounding area is known for its strong sense of community, outdoor recreation, and access to the mountains that define this region�s character. What truly sets this property apart is its versatility and thoughtfully developed layout. Situated on the grounds are two well-appointed tiny home Airbnbs, each offering guests a private and tranquil escape. The first, known as �Zen,� was built in 2012 and features approximately 384 square feet with a full bathroom and a comfortable, efficient layout. The second, �Pondview,� was built in 2021/2022 and offers 280 square feet plus a charming loft space, along with a full bathroom. Both tiny homes are equipped with Mr. Cool mini-split systems, providing reliable and efficient heating and air conditioning throughout the year. Between the two units is a covered picnic and grill area, creating a welcoming shared space for guests to relax, dine, and enjoy the peaceful surroundings. Anchoring the property is a beautifully crafted log cabin built in 2008 and completed in 2009 offering approximately 1,266 square feet of living space, not including the basement. In 2017, the dining room was added and then the porch in 2023. The main level includes one bedroom and one bathroom, while an upstairs loft provides additional sleeping space and character. The cabin also features a basement area ideal for storage, hobby use, or workshop needs. Offered fully furnished, the cabin is move-in ready and well-suited as an owner�s residence, a vacation retreat, or an additional income-producing rental. The property is further enhanced by a large, scenic pond stocked with fish on the 1.53 acres +/-, serving as both a recreational feature and a picturesque focal point. Complementing the natural setting are multiple functional improvements, including two carports, a storage shed, and two larger storage buildings, offering ample space for equipment, tools, and recreational gear. A chicken coop, designated garden area, and a bee-keeping space support a self-sufficient lifestyle and add to the property�s unique charm and usability. Whether you�re an investor seeking a turnkey short-term rental opportunity, a buyer looking for a private mountain getaway, or someone wanting to blend lifestyle, sustainability, and income in one exceptional property, this offering delivers on every level. Offered at auction, it represents a rare chance to acquire a multi-structure property where comfort, functionality, and natural beauty come together seamlessly. Join us on auction day and discover the opportunities waiting at 67 Laurel Springs Road � a property that offers not just real estate, but a lifestyle rooted in tranquility, flexibility, and long-term potential. Please note: there is a cemetery on the property. Principal Auctioneer Jason Deel KAL #299688 In collaboration with Willie Baker Kentucky Real Estate Broker #212656, KAL #253004