39+/- Coastal Lots SELLING TO THE HIGHEST BIDDER! Please read the terms and conditions of the auction in order to participate.

Please see the photos tab for a map of where all lots are located.

Please read the terms and conditions of the auction in order to participate.

You must have a bank letter of guarantee, or a pre-approval letter from your finance company in order to register.

Lots will be sold high bidder’s choice.

Lot 1-

Lots 18, 19, 20, 21, 22, 23, 24, 25, 38, 39, 40, 41, 42, 43, 44, 45 Blk 1 Unt 5

 Located on LA HWY 27 & Mallard Road.

Lot 2-

Lots 3, 4, 60, 61 Blk 6 Unt 6 (Egret)

 Located on the corner of Egret and Barataria Blvd.

Lot 3-

Tracts A, B, & C

 Located at the end of Porpoise Blvd.

Lot 4- 

Lots 2, 3, 60, 61 Blk 4 Unt 6 (Teal)

 Located at the corner of Teal and Barataria Blvd.

Lot 5-

Lots 1, 2, 3, 4, 37, 38, 39, 40 Blk C, JA Davis Sub

 Located at the corner of Riveria Lane and Gulf Beach Highway.

Lot 6-

Lots 1, 2, 61, 62 Blk 5 Unt 6 (Brant)

Located at the corner of Brant Street and Barataria Blvd.

REAL ESTATE TERMS & CONDITIONS

DEPOSIT: 10% down day of auction. Balance due at closing on or before 45 days. Guaranteed good title. For example if the property sells for a total sales price of $110,000.00 including buyer’s premium, then a deposit of $11,000.00 would be put down the day of the auction.

BUYERS PREMIUM: 10% will be added to the final bid price, to be included in the total purchase price. For example, if the property sells for $100,000.00, then the total sales price would be $110,000.00.

FINANCING: Purchasers to obtain their own financing. Purchase Agreements are not subject to financing or qualification. All bidders are encouraged to pre-qualify.

DISCLAIMER: All property to be sold “as is, where is”, with any and all faults and no implied warranties by Seller or Auctioneer. Please feel free to have an inspector or contractor look at the property with you. All information and dimensions were derived from sources believed correct but are not guaranteed. Buyers shall rely on their own information, judgment, and inspection of the property and records, including, but not limited to, all documents recorded in the county or parish where the property is located. All announcements from the auction block will take precedence over any previously printed material or any other oral statements made. Properties not sold absolute will be offered subject to seller’s confirmation within 2 business days. LA Lic#818

TAXES: Taxes will be pro-rated.

Property will be sold by deed description.

Buy-Sell Agreement:  Suspensive Condition required by La C.C.P. Art. 3281

Since this property is fully or partially owned by the Succession of David Jeffery Truesdell, Individually, it is required that court approval be obtained.  Seller will apply for court approval promptly, but no later than seven (7) days from execution of this Buy Sell Agreement.

Note timing:  Two (2) ads to be run twenty days apart.  Judge can sign Authority to Sell seven (7) days after last ad if there is no opposition filed.

Ad to newspaper by Tuesday at 4:00 p.m..  Legal publish date is Thursday.