Auction Event Description

Richmond County Land Auction


Auction Date: Saturday, December 10, 2009
County: Richmond
State: Georgia

Acres: 948.6 +/- Acres - Selling Divided, In Combinations or As A Whole
Type: Auction
Auction Type: Land Auction
Status: Sold

Description:___________________________________________________

LAND AUCTION

Selling By Order of AgSouth Farm Credit

948.6 +/- Acres Selling Divided in Richmond County, GA

Located on Story Mill Road off US-88

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Sale Date: Thursday, December 10, 2009 @ 7:00 P.M. at the Augusta Marriott located at Two Tenth Street, Augusta, GA 30901

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* Located 15 Miles South of Augusta

* Beautiful Estate Sized Tracts

* 810 Acres of 1989 Planted Loblolly Pine

* 120 Acres of Natural Hardwood

* Extensive Paved Road Frontage

* Municipal Water

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Sale Site:Sale Date: Thursday, December 10, 2009 @ 7:00 P.M. at the Augusta Marriott located at Two Tenth Street, Augusta, GA 30901


Terms Real Estate:Successful bidders will pay an earnest money deposit equal to ten percent (10%) of the final purchase price with the balance due in 30-45 days at closing.

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CO-BROKERS FEE: A 2% broker commission, before the inclusion of the buyer’s premium, will be paid to Realtors/Brokers who represent a purchaser on any auction property. In order to be paid a commission the broker must attend the auction with his/her buyer and sign the contract as buyer broker. All broker registrations will be due by 5:00 p.m. the day prior to each sale. Our fax number is 478-994-6588. No Commission will be paid to any broker participating in the purchase of the property. All commissions are paid at closing. Call for a registration form






Financing:___________________________________________________

Financing Available through AgSouth Farm Credit, ACA
Up to 90% financing available to qualified applicants

Rates & Term:
10 year fixed rates as low as 6%
15 year fixed rates as low as 6.5%
20 year fixed rates as low as 6.9%

*Subject to final credit approval

Contact Ricky Cochran at 706-342-2352

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Buyers Premium:All real estate sold at this auction will be sold with a 10% buyer’s premium fee. The bid amount plus the buyers premium equals the final purchase price. For example: A $10,000.00 bid plus the $1,000.00 buyers premium fee equals the final purchase price of $11,000.00.


Inspection:Tract signs and stakes show the property to be sold. Hudson & Marshall representatives will be available throughout the entire process to show the property and encourage you to view the real estate well in advance of the sale.



Closing Cost:The Seller will pay their pro-rata share of the 2010 real estate taxes, preparation of the warranty deed and the Georgia transfer tax. The purchaser will be responsible for their pro rated share of the 2010 real estate taxes as well as the closing attorney fees and any other fees associated with closing the transaction, i.e. loan closing costs, appraisal fees, survey fees, title opinions, title insurance, etc.


Buyers Note:Information contained herein was taken from sources deemed reliable and is believed to be correct. Although every precaution has been taken to insure the accuracy of the information herein, Hudson & Marshall, Inc., Seller, Sale Managers and all of their agents will not be responsible for any errors or omissions. It is the Purchasers responsibility to conduct their own due diligence and make their own decisions as to the accuracy of all information. All property sells in its "As-Is/Where-Is" condition with no warranties expressed or implied other than marketable title free and clear of all liens and encumbrances. Auctioneers are acting as agents for the Seller not the Buyer. Announcements made at the auction take precedence over all written matter. Buyers should carefully verify all items and bid accordingly. Unless the property is marked absolute in the auction brochure, it sells subject to Seller Confirmation. Auctioneers reserve the right to offer the property in individual tracts, combinations, or as a whole whichever way is most advantageous to the seller.



Boundry Lines:SURVEY:
The preliminary sale map has been taken from aerial photographs and/or prior deeds of record. Hudson & Marshall will appoint one surveyor to handle all survey work. All property is sold by the acre with an adjustment clause to protect both buyer and seller. The survey expense will be based on a per linear foot and all common line costs will be shared equally. The survey will be an expense of the buyer and due at closing.


Comments:FOR INFORMATION CALL Sale Manager Ben Hudson at 404-307-2261 or Steve Slocumb at 800-841-9400


BG Hudson Jr. #103, AM Marshall IV #1605, RS Slocumb #3512, H&M #274


   
 



10761 Estes Road Macon, Georgia 31210 (800) 841-9400

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