Photos coming! ABSOLUTE ONLINE LAND AUCTION! 115.8 Acres+/- in 3 Tracts ~ "Hatton" - Lawrence County, Alabama
All tracts have frontage on County Road 125. This property is offered as 3 individual tracts as shown in current survey.
Property sells ABSOLUTE to the highest bidder, so be the high bidder on the tracts you want at the conclusion of the auction! Property is only being offered in individual tracts and is not being offered back in combinations or as a whole. A bidder who wishes to purchase the entire property would need to be the high bidder on all three tracts at the conclusion of the auction.
Any bid placed within the last two minutes of any tract's ending time will extend the remaining bidding time back to two minutes remaining, and the clock will begin to countdown again. Any bid on any tract extends the bidding time on ALL TRACTS back up to two minutes. This will continue until two minutes have passed with no bids being placed on any tract and the time remaining has expired.
Property is currently enrolled in government CRP program through September, 2026. Possession will be given to new owner at closing, with CRP restrictions in place until expiration of CRP contract. New owner will have full ownership and possession of the property, but WITH CRP RESTRICTIONS. No cutting, trimming, harvesting, or brush cutting is allowed until the expiration of the CRP contract. At expiration of the CRP contract, the new owner may then decide whether to seek a new CRP contract or keep the property out of enrollment. Seller has already received the 2026 CRP contract payment. At closing, the seller will credit the new owner a prorated portion of the 2026 CRP contract payment for the time remaining on the CRP contract after closing.
ONLINE Auction Terms - Real Estate: A 10% non-refundable earnest money escrow deposit is due to Phillips Brothers Auctions at signing of purchase contract on Wednesday, March 4th by 4:00 p.m., with the balance due on or within 30 days at closing. A 3% Online Buyer's Premium will be added to the high bid to create total contract price. At closing, Seller will pay for deed(s) and a preliminary title search that has already been performed. Title insurance is available at the expense of the purchaser. Property taxes will be prorated to the date of closing. Seller providing an already completed current survey. All other closing costs are to be paid by the purchaser. Property sold by deed description and existing boundaries as described in current survey. All property sold AS-IS with no contingencies. Property sells ABSOLUTE to the highest bidder(s). Any inspections to the property may be done prior to auction ending at purchaser's expense. Auction is for the deed to the property as it is legally described, assessed, and recorded in Lawrence County, Alabama, less any existing road right-of-ways or easements. Title to property will transfer by deed description as described. Any measurements or dimensions described or advertised are to be considered to be to the best of our knowledge but should be confirmed by purchaser. It is the buyer's responsibility to inspect prior to bidding to determine if property, dimensions, condition, permissible use, and layout are suitable. All sales are final with no contingencies. Phillips Brothers Auctions is agent for seller in this transaction and will assist the purchaser as a transaction facilitator in closing on the property. Property is currently enrolled in government CRP program through September, 2026. Possession will be given to new owner at closing, with CRP restrictions in place until expiration of CRP contract. New owner will have full ownership and possession of the property, but WITH CRP RESTRICTIONS. No cutting, trimming, harvesting, or brush cutting is allowed until the expiration of the CRP contract. At expiration of the CRP contract, the new owner may then decide whether to seek a new CRP contract or keep the property out of enrollment. Seller has already received the 2026 CRP contract payment. At closing, the seller will credit the new owner a prorated portion of the 2026 CRP contract payment for the time remaining on the CRP contract after closing.
Online Real Estate Bids: A 3% online buyer’s premium will be added to winning bid price to create total purchase price. Auction is set to close at the advertised date and time. Any bid placed within the last two minutes of any tract's ending time will extend the remaining bidding time back to two minutes remaining, and the clock will begin to countdown again. Any bid on any tract extends the bidding time on ALL TRACTS back up to two minutes. This will continue until two minutes have passed with no bids being placed on any tract and the time remaining has expired.
