Property selling ABSOLUTE TO THE HIGHEST BIDDER(s)!!!
131.62 Acres+/- In 3 Tracts With Sipsey River Frontage In Fayette County, AL
Begins closing Monday, July 13th at 6:00 p.m.
Located on Fayette County Road 24 in Northeast Fayette County, AL near Eldridge, AL
New survey completed! Sipsey River runs through the property!
Property is currently a mixture of row crop land / wooded land / and timber land. A timber cruise was just completed on the property as a whole with an estimated market value of $58,000 based on the standing sample.
This is a beautiful tract with Sipsey River running through!
Call Ben Phillips 256-710-9683 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 Tuesday, July 14th 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 subject to seller confirmation of high bid. All confirmed sales are final 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 Fayette County, Alabama, less any existing road right-of-ways or easements. Title to property will transfer by deed and survey 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.
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.
