2816± Sq. Ft. Building
Income Producing Rental Property
Excellent Investment Property
Selling From Property #9
Offered As A Whole
Terms & Conditions
The successful purchasers will be asked to sign the Seller's Real Estate Purchase Agreement on sale day and make an earnest money deposit equal to fifteen (15%) of the contract price. Sale will close within thirty (30) days after the date of the auctions at which time the purchaser will pay the balance of the purchase price. A 10% buyer’s premium will be added to all purchases to arrive at a contract price. Purchaser to pay real estate transfer tax, purchaser will pay all other closing costs.
The information contained in this brochure and all related materials are subject to the terms and conditions of the purchase agreement. The property is being sold on an “AS-IS, WHERE-IS WITH ALL FAULTS” basis. The property will be sold for all cash. Each bidder must conduct and rely solely on their on investigation and inspection. Please review all information and seek appropriate assistance prior to attending and bidding at the auction. Announcements made from the auction podium take precedence over any prior oral statement or written material except for the fully executed purchase agreement and subsequent closing documents.
Conduct of the auction and increments of bidding are at the directions of the Auctioneer.
All properties will be sold subject to Seller’s confirmation within ninety-six (96) hours.
Under Title X, the purchaser of a single family residence built before 1978 has a 10 day period to inspect the property for the presence of lead based paint. The period for inspection begin March 1 – March 10, 2017. All bidders must sign a waiver of the 10 day inspection period.
If the property sells divided, all property must be surveyed prior to closing by a licensed Georgia registered Surveyor. The Purchaser will pay the cost of the survey. The number of acres surveyed times the contract price per acre shall determine the final or actual purchase price to be paid at closing. Barfield Auctions, Inc. will have the final approval of the selected Surveyor.
In this transaction Barfield Auctions, Inc. is acting as agent for the Seller not as Buyer’s agent, but does not have the authority to make representations on behalf of the Seller with respect to any matter.
PROPERTY SIZE AND DIMENSIONS:
All acreages and property line dimensions are subject to change.
They have been calculated for auction purposes only and are approximate and may be general in nature and are being sold subject to final survey. They are not guaranteed by the seller or Barfield Auctions, Inc.