3 BR/2BA Home on 36+/- Acres

THANK YOU TO ALL OUR BIDDERS – THIS PROPERTY IS SOLD!!!


8530 SKITTS MOUNTAIN ROAD, LULA. GA

Auction Held: Live Onsite September 12 @ 11:00am

 

LIVE ON-SITE AUCTION
Began: 09/12/15 at 11:00 AM EDT
Location: 8530 Skitts Mountain Road, Lula, GA 30554

ESTATE PROPERTY AUCTION

8530 Skitts Mountain Road, Lula, GA

Live Onsite Auction

(Online & Absentee Bidding also available with prior approval. Contact Auction Company for information)

Identified as Hall Co. Tax Parcel # 12111 000001

PROPERTY DESCRIPTION:

Land – 36 +/- Acres of gentle rolling pasture with hardwoods and pines. One pasture is currently leased and is producing income, lease ends September 2015. Property is currently in a conservation tax status, status will be removed at time of sale.

Home – All brick 3br/2ba Home with large living room and master bedroom, 2 large fireplaces, recent central heat and air, real pine paneling, hardwoods under carpet.

Outbuildings – One 75 ft. x 50 ft. cinderblock building with electricity. One recent metal storage building on slab floor. Also, 2 large chicken houses that could be converted into garages or storage.

PROPERTY INSPECTION DATES:  The property will be open for onsite inspection Saturday, August 29, Saturday, September 5 and Wednesday, September 9 between 11:00 A.M. –  12:00noon

AUCTION REGISTRATION: Auction Registration will begin 10:00 A.M. (1 hour prior to the auction). In order to register you must present a valid drivers license or other form of Identification.

BROKER PARTICIPATION WELCOME:  Please find Broker participation details under the Terms Tab and print Broker participation form under the Documents Tab above.

QUESTIONS: Contact Robin Huff 404-368-0683 or Robinhuff@atlbid.com 

This property is being sold by Charles Gay Realty & Auction GAL#129

TERMS OF SALE: 10% Buyers Premium will be added to the high bid amount to determine the final selling price of the property. The successful bidder will be required to pay 10% earnest money down on sale day with the balance due on or before 30 days at closing. The earnest money is non-refundable.

CLOSING:  Closing will be conducted at the law office of Reid Ryan located at 815 Washington Street, SW Gainesville, Georgia and must occur on or before 30 days following the auction unless extended in writing by mutual consent of the parties. It is the purchaser’s responsibility to schedule the closing. Failure to schedule the closing does not relieve the purchaser of obligation to close or forfeit earnest money. 

CLOSING COST: Buyer will be responsible for all closing cost. Seller will pay prorated property tax and back taxes due, if any. 

PROPERTY SOLD AS-IS: Property is sold as is with all faults, if any.  Personal onsite inspection is recommended. 

FINANCING: Please note that financing is NOT a contingency of the auction.  Because financing is NOT a contingency, the Auctioneer and Seller strongly recommend that all potential bidder make certain in advance they are able to obtain financing to close the transaction.   

PLATS/ SKETCHES/ DRAWINGS AND PHOTOS: Are not be relied upon. Existing legal descriptions are not guaranteed for complete accuracy.  All acreage and dimensions are approximate and could be subject to change upon an actual field survey.  It is the purchaser’s responsibility to verify all information provided herein.  All stakes, signs or flags indicating boundaries or location are for general location purposes only and are not to be construed as precise property corners.

EASEMENTS:  Property sold subject to recorded easements which include existing roads and planned roads, power line and other utility easements ingress and egress easements and other easements of record.  

BROKER PARTICIPATION WELCOME: A broker commission of twenty (20%) of the Auctioneers Commission will be paid a properly licensed broker.  In most instances this will equate to two (2%) of the bid price.  However, on some transactions, total commissions paid may be smaller than the ten (10%) of the bid price.   To qualify for a commission, Broker must register prospective buyer prior to any inspection of the property by the buyer. Broker must accompany and sign-in with the prospective buyer at any inspection of the property.  The Broker must register by fax (888)316-3852, mail, hand delivery or   email Robinhuff@atlbid.com using the Broker Participation Form posted on the website under the Documents Tab.  The form must be signed by the prospect and the Broker, and must be received in the office of Charles Gay Realty & Auction Company no later than 5:00pm two (2) days prior to the auction. Broker must attend and sign the Auction Real Estate Sales Contract if their client is the winning bidder.  Commission will be paid only upon closing.  A broker cannot act as a principal and a broker on the same transaction.

AGENCY DISCLOSURE: Auctioneer’s are acting as agents for the Seller, not as buyer’s agents.  

DAY OF AUCTION ANNOUNCEMENTS:  Announcement made by Auctioneer at the time of the auction takes precedence over all printed materials.

Disclosure:  All information printed is derived from reliable sources and is believed to be correct. However, it has not been independently verified by the Auctioneer or the Seller and is not warranted in any way.  

 This property is being sold by Charles Gay Realty & Auction GAL#129

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Accelerated Auction Solutions 404-368-0683

http://ATLBID.COM

2381 John Glenn Drive #108 Atlanta, GA 30341

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