Online Land Auction! 33.71 Acres+/- Offered In 2 Tracts!
Begins Closing Tuesday, July 14th at 6:00 P.M.
Located on County Road 36 with additional frontage on County Road 363 between Killen & Greenhill & Center Hill in Lauderdale County, Alabama.
GREAT ROAD FRONTAGE ~ GREAT LOCATION ~ GREAT POTENTIAL HOMESITES
Tract A: 16.23 Acres+/- with 1384 ft+/- fronting Lauderdale County Road 36
Tract B: 17.48 Acres+/- with 354 ft+/- fronting Lauderdale County Road 36 at the corner of Lauderdale County Road 363
Offered in 2 tracts ~ a bid on either tract within the last two minutes of tract's closing extends the bidding on all tracts. To buy the property as a whole, a bidder would need to hold the high bid on both tracts when bidding has concluded.
This mostly wooded tract has been selectively cut and is ready for you to put your vision to work to create your space the way you want it! Great centrally located Lauderdale county tract just minutes North of Hwy 72 and just minutes South of Hwy 64!
Call Terrell Phillips 256-710-8651 for more information!
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, July 15th 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 existing survey plat and legal descriptions from that survey. If the property sells as two separate tracts, the dividing line between the two tracts will be marked by surveyor at seller's expense. If the property sells to one purchaser, no additional markings will be placed. All other closing costs are to be paid by the purchaser. Property sold by deed description and existing boundaries as described in legal description(s) of existing survey. All property sold AS-IS with no contingencies. 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 Lauderdale 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. Property sold subject to seller confirmation. Seller reserves the right to accept or reject any and all bids. All seller confirmed 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.
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 on all tracts, 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.
