SALE DATE & SALE SITE: The auction will be held on-site Saturday, July 11th, 2020 at 11:00 A.M.
BUYER’S PREMIUM: All real estate sold at this auction will be sold with 10% buyer’s premium fee. The bid amount plus the buyer’s premium equals the final purchase price. Example: High bid of $100,000 plus the $10,000 buyer’s premium fee equal the total purchase price of $110,000.
TERMS FOR BIDDING REAL ESTATE: The successful bidder will pay an earnest money deposit equal to ten percent (10%) of the total purchase price. Personal and business checks will be accepted.
CLOSING COSTS: . Closing shall occur on or before Friday, August 14, 2020. The 2020 real estate taxes will be prorated at Closing. The Seller will pay the Georgia transfer tax and the cost of preparation of the warranty deed which shall be prepared by Seller’s attorney. Purchaser shall pay for any title exam fee, title insurance premium or attorney’s title opinion, loan closing costs, appraisal fees, recording charges and any and all other costs associated with closing this transaction.
TRANSFER OF TITLE/SURVEY: If the property sells a whole it will be transferred by the existing deed/survey of record. If the property sells divided, a new survey will be required. One surveyor will be appointed by Hudson & Marshall 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 charge and all comon line costs will be shared equally. The survey will be an expense of the buyer and due at closing.
INSPECTION: Property will be available for inspection by appointment only. Call Ricky Smith at 478-494-1501 or Steve Slocumb at 478-957-4283 to schedule an appointment.
BUYER’S 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 Purchaser’s 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. This property sells subject to Seller Confirmation.
LICENSE INFORMATION: BG Hudson Jr. #103, AM Marshall IV #1605, RS Slocumb #3512, H&M #274