Auction Information
Name 54 Acres - North Jackson - Old Bells Rd
Auctioneer
Type Online-Only Auction
Date(s) 11/30/2017 - 12/28/2017
Location
Buyer Premium 10% of the Bid Amount will be added
Description
54 Acres – Gorgeous Farm Land – 4 Tracts Premium Residential Homesites – Choose from 4 separate tracts OR bid on combinations. You have a total of 7 lots to bid on during this online auction. Looking at the survey prepared by Reasons Engineering, you will notice a proposed subdivision of the 54+ acres into FOUR separate tracts. Two of these tracts feature WATER! A beautiful stocked farm pond is located on the property currently split between Tract #2 & Tract #3. Tract #1 – 5.0 acres – Good road frontage and mixed woods & open (3 acres open) Tract #2 – 14.8 acres – 100' of road frontage and a small portion of the pond Tract #3 – 29.3 acres – 100' of road frontage and most of the pond Tract #4 – 5.0 acres – Excellent road frontage and 100% open field For bidding purposes, registered bidders will have the options to bid on the following LOTS: Lot # 1 – Tract #1, 5.0 acres Lot # 2 – Tract #2, 14.8 acres Lot # 3 – Tract #3, 29.3 acres Lot # 4 – Tract #4, 5.0 acres Lot # 5 – Combined Tracts #1 & #2, total of 19.8 acres Lot # 6 – Combined Tracts #3 & #4, total of 34.3 acres Lot # 7 – Combined all 4 Tracts – 54+ acres There is an opening in the fence on Tract #1, providing EASY access to the property. PLEASE respect the planted wheat fields and drive in the grass only, or along extreme edges. Do not drive across planted fields. Of course fields may be soft and wet immediately following a rain, travel with caution. Seller, nor brokers, nor auctioneers are responsible for any accidents or vehicles being stuck on the property. We recommend “Park and Walk”, the best way to view this gorgeous property. If you are walking on this property (or any property) during hunting season, BE SAFE and WEAR ORANGE! Brokers to Contact with Questions: Hal McIver – 731-298-6731 David Hudgins – 931-994-7144
54 Acres - Scenic Property North of Jackson, TN Offered in 4 Tracts - 7 Combinations TERMS & CONDITIONS PLEASE REVIEW LIST OF PROPERTIES SELLING PROCEDURE: We are selling 4 different parcels on Old Bells Road. Bidding will be set for each parcel separately. See the bidding list. BIDDING INCREMENTS: Bidding is set for $1,000 increments. Bidders always have the option to enter bids in amounts GREATER than the increments, but not less than. DOWN PAYMENT: A 10% down payment of the total contract purchase price will be due immediately after being declared the buyer. The down payment may be paid in the form of personal check, business check, or cashier's check. The balance of the contract purchase price is due in cash at closing within 30 days. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. ACCEPTANCE OF BID PRICES: The successful bidder will sign a purchase agreement immediately following the close of online bidding. Each property will be sold subject to confirmation by the seller. BUYER'S PREMIUM: A Ten percent (10%) Buyer's Premium will be added to the final bid price to arrive at the total contract purchase price paid by the Buyer. (Your BID + 10% Buyer's Premium = Total Purchase Amount) CLOSING: Closing shall take place 30 days after the contract has been fully executed, or as soon thereafter as applicable closing documents are completed. POSSESSION: Possession will be given at closing - Date of Deed. TITLE: Seller shall execute a proper deed (General Warranty Deed) conveying the real estate to the buyer(s). Property will be conveyed with good, clear title. Buyer has the option to purchase TITLE INSURANCE, at Buyer's expense. REAL ESTATE TAXES AND ASSESSMENTS: The current year taxes (2017) on said Properties shall be paid be prorated to date of closing. EASEMENTS: Sale of said properties is subject to any and all easements of record. SURVEY: Each tract will be sold per new survey AGENCY: Hudgins Auctions & Realty and its representatives are Exclusive Agents of the Seller. Selling in cooperation with Hal McIver, United Country McIver Realty. ZONING: The parcels are residential. Please check with local government officials if you have any questions with regards to future uses. UTILITIES: Water & Electricity DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this website listing and all related materials are subject to the terms and conditions outlined in the agreement to purchase. The auctioneer may UPDATE these Terms prior to the auction end date and time. Any changes will be made known to all registered bidders. The property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the auction company. Each registered bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this listing is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company. All acreages are approximate and have been estimated based on either the current survey, deed of record or property assessor's report, and/or aerial views.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 1,000,000.00 1,000.00 USD
1,000,000.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 10% of the Bid Amount will be added
Payment Terms
The balance of the purchase amount will be due at closing - on or before 30 days of bid acceptance.
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.