TERMS OF SALE: Successful bidders will pay an earnest money deposit equal to ten percent (10%) of the purchase price with the balance due in 30 days at closing.
BUYERS PREMIUM: All real estate sold at this auction will be sold with a 10% buyer’s premium fee. The bid amount plus the buyer’s premium equals the final purchase price. For example: A $10,000.00 bid plus the $1,000.00 buyer’s premium fee equals the final purchase price of $11,000.00.
CLOSING COST: The seller shall pay the 2020 real estate taxes. Seller shall also pay the State of Georgia transfer tax and the cost of preparation of the 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. Russell Clark in Alamo will be handling the closing.
SURVEY: If the property sells divided, a new survey will be required; and will be an expense of the buyer and due at closing. One surveyor will be appointed by Hudson & Marshall to handle all survey work. If the property sells as a whole it will be transfered by existing deed or the buyer may elect to survey the property at their own expense.
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 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.
LICENSE INFORMATION: BG Hudson Jr. GA #103, AM Marshall IV #1605, RS Slocumb #3512, H&M #274