MIDSOUTH CO-OP 13+ ACRES & EQUIPMENT Saturday, August 3, 2024 – 10:00 AM EST ABSOLUTE AUCTION 3001 Noble Gin Road, Vienna, Ga Prime Investment Opportunity Peanut Buying Point (66) 21 Foot Drying Wagons (20) Cook Blueline Jet Dryers John Deere 5075 E Tractor Forklift Box Blade Zoned C3 Excellent Location Selling On Site DIRECTIONS TO PROPERTY: Directions: From Vienna, GA at the intersection of Interstate 75 and GA Hwy 27, travel east on GA Hwy 27 for 2 8/10 miles. Turn left on Noble Gin Road and travel 1/10 of a mile. Property is located on the left. 3001 Noble Gin Road, Vienna, GA.
TERMS: 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 auction 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. DISCLAIMER: 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 and equipment will be sold ABSOLUTE. Under title X, the purchaser of a single family residence built before 1978 has a maximum of 10 days to inspect the property for the presence of lead based paint. The period of inspection begins March -15, 2023. All bidders must sign a waiver of the 10 day inspection period. SURVEY: If the property is to be surveyed, then the property must be surveyed prior to closing by a licensed Georgia registered Surveyor. The Purchaser will pay the cost of the survey. Barfield Auctions, Inc. will have the final approval of the selected Surveyor. AGENCY DISCLOSURE: 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 EQUIPMENT TERMS: TERMS: All purchases must be settled for on Sale Day. Full settlement may be by Cash, Cashier’s Check or Company and Personal Checks. Checks must have a Bank Letter of Credit SPECIFYING THE AMOUNT OF PURCHASES GUARANTEED BY THE BANK. POSITIVELY NO EXCEPTIONS All checks should be made payable to Barfield Auctions, Inc. SALES TAX: All Sales will be subject to State and Local Sales Tax Laws. BIDDING: In case of a tie bid, auctioneer reserves the right to reopen the bid between those two bidders. Auctioneer reserves the right to revoke any bid card at any time. Anyone bidding for an account other than their own must obtain a separate bid number for that account. BUYERS PREMIUM: A 10% buyer’s premium will be charged to all purchases made on auction day. NO WARRANTIES: All sales are AS-IS, WHERE-IS, and with all faults. Bidder has had the opportunity to inspect all sale items and bidder agrees to solely rely on his inspection. All sales are final. Bidder will not be entitled to any adjustment, allowance, or damages or any other remedy regarding the condition of any item purchased. AUCTION SITE: ALL BIDDERS AT THE AUCTION SITE ARE THERE AT THEIR OWN RISK. Bidder agrees the auction site is potentially dangerous because of heavy equipment operation. Regardless of cause, Auctioneer or its agents will not be responsible for any injury to anyone at the auction site. RISK OF LOSS: Once auctioneer accepts the highest bid, any item is then sold. Buyer then takes delivery and assumes all risk of loss for the item and buyer agrees to obtain full liability insurance coverage for the item as may be required by law. TITLES: Titles are not available on sale day and will be mailed to purchaser approximately 10 business days after satisfactory settlement. No titles will be available if vehicles are marked “No Title”. LOADING: All equipment must be removed two weeks after the sale. Barfield Auctions, Inc. or employees are not responsible for loading or unloading equipment.