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13 Lots in Belle's Pointe Subdivision!!Liberty!Court,!Byron,!GA!31008

Preview: Drive By AnytimeAuction: August 28, 2012 ending at 10:00 AM ET Auction Location: OnlineProperty#: TIP12-229

Tranzon integrity partners35 claremore avenuegreenville, sc 29607

P:!(888)!237;4252!x!84

Email:!FSmith@tranzon.com

TRANZON.COM

13 Lots in Belle's Pointe Subdivision !

www.Tranzon.com

Property Information

Address: Liberty Court, Byron, GA 31008

Auction Date/ Time: August 28, 2012 Ending @ 10:00 AM ET

Auction Location/Type: Online

Preview: Drive By Anytime

• 13 Residential Lots • 13.19± Total Acres • Belle's Pointe Subdivision • Most Lots Level &

Ready To Build • $351,000 Total Tax Assessed Value • Tax ID #: See Parcel List

• Public Water, Septic • Peach County

Terms

• 10% Buyer's Premium Based on the High Bid• Deposit is the Greater of 10% of the Contract

Sales Price or $2,500 Due in Two (2) Business Days

• Sold in As-Is Condition, No Contingencies, Special Warranty Deed, Closing By 09-27-2012

• Sale is Subject to Seller Confirmation• 1.5% Broker's Co-op Will Be Paid to a

Properly Registered Broker at Settlement• Auctioneer is Agent of Seller ONLY • GA Auction Firm # ACNR002334;

Auctioneer # AUNR002742• Tranzon Integrity Partners is a member

company of Tranzon, LLC & is independently owned & operated.

Contact: Frank Smith

FSmith@tranzon.com

(888) 237-4252 x 84

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ATTENTION PROSPECTIVE BIDDERS

ALL INFORMATION CONTAINED IN THIS PACKET AND OTHER ADVERTISEMENTS WAS OBTAINED FROM SOURCES DEEMED TO BE ACCURATE AND RELIABLE HOWEVER, NO WARRANTY OR GUARANTY, EITHER EXPRESSED OR IMPLIED, IS INTENDED OR MADE. NEITHER AUCTION COMPANY NOR SELLER SHALL BE LIABLE FOR ANY ERRORS OR THE CORRECTNESS OF THE INFORMATION PROVIDED. BUYERS SHALL BE RESPONSIBLE TO CONDUCT THEIR OWN DUE DILIGENCE AND MAKE DETERMINATIONS BASED ON THAT EFFORT. SUBJECT PROPERTY IS BEING SOLD IN THE ‘STRICTLY AS-IS, WHERE IS’ CONDITION.

THIS PROPERTY IS OFFERED FOR SALE TO QUALIFIED PURCHASERS WITHOUT REGARD TO PROSPECTIVE PURCHASER’S RACE, COLOR, RELIGION, SEX, MARITAL STATUS, OR NATIONAL ORIGIN.

ALL ANNOUNCEMENTS MADE AT SALE TAKE PRECEDENCE OVER ANY OTHER INFORMATION OR PRINTED MATTER.

THE PROPERTY AND IMPROVEMENTS WILL BE SOLD ‘AS-IS’ WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND, INCLUDING ANY REPRESENTATIONS REGARDING ENVIRONMENTAL CONDITIONS AFFECTING THE PROPERTY.

BUYER ACKNOWLEDGES FOR BUYER AND BUYER’S SUCCESSORS, HEIRS AND ASSIGNS, THAT BUYER HAS BEEN GIVEN A REASONABLE OPPORTUNITY TO INSPECT AND INVESTIGATE THE PROPERTY AND ALL IMPROVEMENTS THEREON, EITHER INDEPENDENTLY OR THROUGH AGENTS OF THE BUYER’S CHOOSING, AND THAT IN PURCHASING THE PROPERTY, BUYER IS NOT RELYING ON THE SELLER OR ITS AGENTS AS TO THE CONDITION OF THE PROPERTY AND/OR ANY IMPROVEMENTS THEREON, INCLUDING BUT NOT LIMITED TO ELECTRICAL, PLUMBING, HEATING/COOLING, SEWERAGE, ROOF, FOUNDATION, SOILS AND GEOLOGY, ACREAGE SIZE OR SUITABILITY OF THE PROPERTY AND/OR COMPLIANCE WITH ANY CITY, COUNTY, STATE, AND/OR FEDERAL STATUTES, CODES OR ORDINANCES.

NEITHER THE AUCTION COMPANY NOR THE SELLER HAS MADE ANY REPRESENTATION OR WARRANTY WITH RESPECT TO ACCURACY, CORRECTNESS OR COMPLETENESS OF THE INFORMATION, THE CONTENTS OR MEANING OF THE INFORMATION OR THE VALUATION OF THE REAL ESTATE. ANY DECISION TO PURCHASE OR NOT TO PURCHASE THE REAL ESATE IS THE SOLE AND INDEPENDENT BUSINESS DECISION OF THE POTENTIAL PURCHASER. NO RECOURSE OR CAUSE OF ACTION SHALL LIE AGAINST THE AUCTION COMPANY OR THE SELLER, SHOULD PURCHASER BECOME UNHAPPY WITH ITS DECISION, WHATEVER IT MAY BE AT A FUTURE DATE.

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Photos

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Address Liberty CtByron, GA 31008

Liberty Ct, Byron, GA - Google Maps https://maps.google.com/maps?f=q&source=s_q&hl=en&geoc...

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Address Byron, GA

Byron, GA - Google Maps https://maps.google.com/maps?f=q&source=s_q&hl=en&geoc...

1 of 1 7/27/12 12:09 PM6

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13 LOTS, BELLE’S POINTE SUBDIVISION, BYRON, GATIP12-229

Property AddressProperty AddressProperty AddressProperty Address

Street City State Zip Tax Assessed Value

Acreage (±)

TMS#

Lot 1 Belle’s Pointe S/D Byron GA 31008 $27,000.00 0.87 051A 027

Lot 3 Belle’s Pointe S/D Byron GA 31008 $27,000.00 1.02 051A 029

Lot 4, Belle’s Pointe S/D Byron GA 31008 $27,000.00 1.08 051A 030

Lot 6 Belle’s Pointe S/D Byron GA 31008 $27,000.00 1.08 051A 032

Lot 7 Belle’s Pointe S/D Byron GA 31008 $27,000.00 1.08 051A 033

Lot 8 Belle’s Pointe S/D Byron GA 31008 $27,000.00 1.08 051A 034

Lot 9 Belle’s Pointe S/D Byron GA 31008 $27,000.00 1.08 051A 035

Lot 10 Belle’s Pointe S/D Byron GA 31008 $27,000.00 0.95 051A 036

Lot 11 Belle’s Pointe S/D Byron GA 31008 $27,000.00 1.02 051A 037

Lot 12 Belle’s Pointe S/D Byron GA 31008 $27,000.00 0.95 051A 038

Lot 13 Belle’s Pointe S/D Byron GA 31008 $27,000.00 0.86 051A 039

Lot 15 Belle’s Pointe S/D Byron GA 31008 $27,000.00 1.06 051A 041

Lot 17 Belle’s Pointe S/D Byron GA 31008 $27,000.00 1.06 051A 043

TOTALS $351,000.00 13.19

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Online Auction Frequently Asked Questions

Q: How do I register to bid?

On www.tranzon.com, click on the property on which you would like to bid and click on the “Register to Bid” or “Bid Now” button. A new screen will open. Find the auction you want on the calendar and click on it. Click on “REGISTER TO BID HERE”. Complete the form. Once your information is verified, a bidder number will be emailed to you. Some auctions may require that you deposit funds in our escrow account before you will be given a bidder number.

Q: What is the minimum bid?

Tranzon Integrity Partners does not set minimum bids for any auction. The first bidder always chooses the opening bid amount.

If the auction is an absolute auction, the property will be sold to the highest and last bidder regardless of the amount of the winning bid.

If the auction has a published reserve, once the bidding reaches the reserve, the property will sell to the highest and last bidder regardless of price. If the bidding does not reach the reserve, the Seller has the right to reject the highest bid.

If the auction is subject to Seller confirmation, the final bid is subject to seller approval. Seller has the right to accept or reject the high bid.

Q: How much is the property worth?

While a current appraisal, tax assessment, last listed price, or Realtor’s comps may provide a guide it should not be regarded as the definitive value. The auction process will determine the actual value on auction day.

Q: Can my real estate broker help me in the auction process?

Yes. Tranzon Integrity Partners will provide cooperation to all real estate brokers who meet the requirements found on the Broker Registration Form in this package.

Q: How should I prepare to bid at an online real estate auction?

Do your property evaluations and inspections, including any lead-based paint inspections, and prepare your financing prior to bidding. All sales are “as-is” and contracts are NOT contingent on inspections.

Previews: For Lots and Land, drive by and inspect anytime. For other property, please view tranzon.com for preview dates and times. You may also contact YOUR real estate agent for a private showing.

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Q: Can I bid on more than one property?

Yes. You determine the number of properties for which you will bid. You are responsible for ensuring that you have adequate funds to put down deposits and close should you win more than one or all of the properties.

Q: What happens if I cannot monitor all my auctions because I am bidding on multiple properties?

We recommend that you set a maximum bid. When you set a maximum bid, each time that someone else tops your bid, the system will enter your bid at the next bid increment up to your maximum.

Q: How long will the auction last?

The length of the auction depends on when bids are placed.

We utilize an auto extend feature. Any bid placed within 4 minutes of the auction ending will automatically extend the auction for an additional 4 minutes from the time the bid is placed.

(Example:) If an auction scheduled to end at 10:00 a.m. receives a bid at 9:59 a.m., the conclusion of the auction automatically extends to 10:03 a.m. The auto-extend feature remains active until no further bids are received within the 4 minute time frame.

We utilize “timed auction events”. If there are multiple properties being offered in a single auction event, the auction completion times may be staggered in 10 minute intervals.

It is advised that bidders log in at least 15 minutes before sale time.

Q: How will I know if I am the winning bidder? You will receive a winning bidder confirmation via email shortly after bidding on your property ends. That email will be followed up within 24 hours by a phone call from one of our sales representatives who will walk you through the contracting process.

Q: Can I make an offer before the auction?

Absolutely. We recommend that you make your best offer at this time as Sellers typically will not cancel the auction for an offer that they believe will be beat at the auction. Contact Frank Smith at (888) 237-4252 x 84 or at FSmith@tranzon.com to make an offer.

Q: What is the Buyer’s premium?

The buyer’s premium is added to the high bid to arrive at the contract price. Take this into consideration when bidding. There is a 10% Buyer's Premium.

Q: Is there any financing?

No. The buyer is responsible for their own financing (the sale is NOT contingent upon financing.) If bidders plan to finance, they should have a bank pre-qualify them.

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EXHIBIT “C”AGENCY/TRANSACTION BROKER

This Exhibit sets forth the relationship of the Broker(s) to Purchaser and Seller for the purchase and sale of real property located at 13 Lots Belle’s Ponte, Byron, GA 31008, with an Offer Date of August 28, 2012.

BROKERAGE AND AGENCYSeller and Purchaser acknowledge that if they have entered into a client relationship with a Broker, that Broker has disclosed on a prior basis (1) the types of brokerage relationships offered by the Broker, (2) any other brokerage relationship which would conflict with the client’s interest, and (3) the compensation of Broker and whether commissions would be shared with other Brokers.

Seller and Purchaser agree to indemnify and hold Broker harmless against all claims, damages, losses, expenses and/or liabilities arising out of or related to the purchase and sale of the real property listed above, except those arising form Broker’s intentional wrongful acts. No Broker shall owe any duty to Purchaser or Seller greater than is set forth in the Brokerage Relationships in Real Estate Transaction Act, O.C.G.A Section 10-6A-1 et seq.

In this Exhibit, the term “Broker” shall mean a licensed Georgia real estate broker and the broker’s affiliated licensees.

The relationship of the listing Broker and the selling Broker to the Purchaser and Seller is as specified below. Only the part of this Exhibit that is selected is part of the Offer for the purchase and sale of the real property listed above.

Listing Broker: (Select A or B below. The section not marked shall not be part of this Exhibit.)_X_ A. SELLER AGENCY: Listing Broker has entered into a client relationship with Seller.___ B. DUAL AGENCY: Listing Broker has entered into a client relationship with Purchaser and Seller.

Selling Broker: (Select A, B, C, D, or E below. The section not marked shall not be a part of this Exhibit.)___ A. PURCHASER AGENCY: Selling Broker has entered into a client relationship with Purchaser.___ B. DUAL AGENCY: Selling Broker has entered into a client relationship with Purchaser and Seller._X_C. SELLER AGENCY: Selling Broker has entered into a client relationship with Seller.___ D. TRANSACTION BROKERAGE: Selling Broker has not entered into a client relationship___ E. SELLER SUBAGENCY: Listing Broker has entered into a client relationship with Seller and has appointed Selling Broker as its subagent.

If dual agency or transaction brokerage is selected above, the applicable disclosure below is incorporated herein. Otherwise, the disclosure(s) is not a part of this exhibit.

Dual Agency DisclosureSeller and Purchaser are aware of Broker’s dual agency role and have determined that the benefits of Broker’s role outweigh the detriments. Seller and purchaser have been advised (1) that in this transaction the Broker has acted as a dual agent, (2) that the Broker represents two clients whose interest may be different or adverse, (3) that as a dual agent, Broker may not disclose information made confidential by request of either client unless it is allowed or required to be disclosed and (4) that the clients do not have to consent to dual agency. The clients referenced above have voluntarily consented to dual agency and have read and understood their brokerage engagement agreements. The Broker and/or affiliated licensees have no material relationship with either client except as follows: _____________________________________________________________________. A material relationship means one actually known of a personal, familial or business nature between the Broker and affiliated licensee and a client which would impair their ability to exercise fair judgement relative to another client.

Affiliated Licensee Assignment: The Broker has assigned_________________(Selling Licensee) to work with Purchaser and ______________(Listing Licensee) to work with Seller. Each shall be deemed to act for and represent exclusively the party to whom each has been assigned.

Transaction Brokerage DisclosureSeller and Purchaser are aware that if they are not represented by Broker they are each solely responsible for protecting their own interests. Seller and Purchaser acknowledge that the Broker may perform ministerial acts for either party as a Transaction Broker.

Selling Broker’s Initials____________ Purchaser’s Initials: ______ / ________ (or Broker’s Affiliated Licensee)

Listing Broker’s Initials____________ Seller’s Initials: _______ / ________ (or Broker’s Affiliated Licensee)

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Broker Registration Agreement

13 Lots Belleʼs Pointe, Byron, GA 31008Auction Date: August 28, 2012

Agent Name: ________________________________"Brokerage Firm_________________________________

Broker Address: ______________________________License State/Number:______________________

Tel:____________________________ Email:_____________________

Buyer Name:_______________________________________________

Tel:___________________________ Email:______________________

BROKER AGREES TO THE FOLLOWING:1. If my Buyer is the Successful Bidder at the Auction and closes on the property pursuant to the terms and conditions of the

auction purchase contract I will receive a fee of One and a Half Percent (1.5%) of the WINNING BID. 2. This completed form MUST be emailed to HSmith@Tranzon.com by NOON the day PRIOR to the auction in order to be

eligible to receive the fee. 3. If the sale is not closed for any reason, including acts, omissions, or negligence on the part of the Seller and/or Auctioneer,

Auctioneer and Seller are relieved from any liability and no fee shall be due to me. If my Buyer defaults under the Purchase Agreement and forfeits the Deposit (as defined in the Purchase Agreement), or any portion thereof, or Buyer pays or becomes liable for damages to Seller, I shall not be entitled to any portion of forfeited deposit(s) or damages.

4. If a commission reduction is required to consummate a sale, Tranzon Integrity Partners reserves the right to proportionately reduce the commission herein.

5. I hereby represent and warrant that I am, (1) a duly licensed real estate Broker /Agent in the State where the property is located (2) serving only as a Broker/Agent in this transaction, not as a principal; and (3) my Buyer has no principal or ownership interest in my brokerage and is not a member of my immediate family.

6. Both sales person or broker AND bidder MUST attend the auction event and sign in as required.7. Tranzon Integrity Partners represents the SELLER ONLY. NO sub-agency relationship is created by this agreement. By

completing this form, the sales person/broker and their buyer-client confirm that their agency relationship is that of buyer agency.

8. The Broker/Salesperson must work with the Buyer and Auctioneer throughout the escrow/closing process.

BUYER AGREES TO THE FOLLOWING:1. I acknowledge that the above broker is my buyer agent pursuant to Real Estate Law.2. That I shall not withdraw or rescind my opening bid prior to the auction.3. In the event that I am the successful bidder for the above captioned asset, I will abide by all terms and conditions of sale.

Buyer Signature:_________________________________________________ " Date__________

Agent Signature:_________________________________________________ " Date__________

Broker Signature:_________________________________________________ " Date__________

You will receive an email of acceptance from Tranzon Integrity Partners.  Please keep this for your records.

TIP12-229

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Licensure Information

Stephen A. Jax; Stephen A. Jax Real Estate; Stephen Jax & Assoc. Inc, dba, Jax Auctioneers & Tranzon Integrity Partners

South Carolina: Auction Firm: 3665FBroker: 15186Auctioneer: 2889

Georgia Broker: Broker Firm: H-32080Broker: 208201 Auctioneer: AUNR002742Auction Firm: ACNR002334

North Carolina: Broker: 17805Auctioneer: 7103 Auction Firm: 8879

Alabama:Broker Firm: 93105-0Auctioneer: 5095

Mississippi: Broker: 15106 Auctioneer: 795Firm: 1164F

Tennessee: Broker: 278314 Auctioneer: 5355

Virginia:Auctioneer: 2907002985

Indiana: Auctioneer: AU19900152

Florida: Auctioneer: AU3067

West Virginia: Auctioneer: 839 Broker: 26633

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Over 2,000 Auctions in 2011! Tranzon is one of the largest and most successful real estate auction companies in the country, with licensed professionals in 36 states, and relationships that extend our reach to include all other states in the nation and some foreign countries. Collectively, Tranzon member firms maintain 30 nationally recognized team offices with approximately 100 team members and many hundreds of years combined auction experience. Since its formation in 2001, Tranzon has conducted more than 15,000 real estate sales, selling nearly $2 Billion of assets for its clients throughout 47 states and the District of Columbia and Puerto Rico, with a success rate of approximately 80%. Tranzon is committed to the use of leading edge technology in the real estate auction business, and regularly conducts online auctions in addition to its more traditional live onsite or live ballroom auction sales. Tranzon offers a sophisticated and far-reaching marketing approach through the Tranzon website www.tranzon.com, through listings on scores of other real estate websites, and through its App for iPhone and other mobile Apps. In 2011, the Tranzon site was visited by an average of over 1,200 visitors per day and had a total of 2.3 million page views. The Tranzon Team is comprised of nationally recognized auction and marketing specialists. Primary team members are experienced real estate brokers and auctioneers who hold the prestigious Certified Auctioneers Institute (CAI) and Accredited Auctioneer of Real Estate (AARE) designations. The Tranzon staff is well versed in auction marketing and customer/client relations and is unconditionally committed to working expeditiously and professionally to achieve the goals of each individual seller.

© 2012 Tranzon, LLC and Tranzon International, LLC. All Tranzon companies are independently owned and operated

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