Woods & Waters - 42 acres - Marketable Timber
Past Auction
Online-Only Auction
Bidding Notice:

Selling ABSOLUTE this Thursday!

Auction Notice:

Selling ABSOLUTE this Thursday at 6pm!

Auction Information
Name Woods & Waters - 42 acres - Marketable Timber
Auctioneer
Type Online-Only Auction
Date(s) 4/26/2017 - 6/8/2017
Location
Buyer Premium 10% of the Bid Amount will be added
Description
"Woods & Waters" - 42 acres - Mature Hardwoods New Survey of 42.2 acres on Right Prong Blue Buck Road, which is located near the Natchez Trace Parkway and Hwy 50 in Duck River, TN (Hickman County). This property has been owned by same family for over 40 years - first time offered! This property has NOT had any timber cut during the time of current ownership (over 40 years) and had not been cut prior to their purchase. See for yourself - mature hardwoods ready to harvest! We will qualify this property as a "Timber Tract" with marketable timber. Invest in this property for timber harvest today, tomorrow or in the future. This is a property worth your consideration. The location is ideal for recreational opportunities: hunting, camping, cabin sites, ATV, hiking or horseback riding trails, weekend getaway or your primary residence. Excellent Southwestern Exposure for your energy-efficient home! Cumberland Survey has recently completed the new boundary survey. Download your copy from this website. We walked the property on April 25th and took the photos shown in the photo galleries of this listing. The following is my personal walking tour... I parked in the wide area on the side of Right Prong Blue Buck Road and entered the property at the northwestern corner from the road. I followed a faint path up a slight rise to the decades-old road bed. I am noticing mature, ready-to-harvest hardwoods all around as I continue to walk into the property now on the old road. You will note that this old road could easily be re-established with a little tractor work and grading. I continued walking the road as I meandered through the wooded parcel toward to rear bondary line. The survey team clearly marked the corners and line trees with bright orange survey tape. You will easily discover the rear (north eastern boundary) of this property. As I approached the rear of the property and observed the marked boundary line, I noticed another old trail / road bed heading back to the road near the eastern boundary line. I followed this trail through the woods to I hear running water. There is a small creek running in and out of the eastern portion of this property. See photos. I will add that once you climb the initial rise, you will see mostly level topography across the mid section of this scenic property. I also noted (and photographed) a hunter's deer stand overlooking a very active deer trail. This area is very well-known for its deer populations! DISCLOSURE: The property owner has granted hunting permission to one hunter for the 2017 season. Of course this does not prevent the new owner from hunting their own new 40 acre property. I followed the creek back through the woods to the road. See photo of creek crossing Right Prong Blue Buck Road. We do not have the opportunity to present to our bidders a quality timber tract very often. Many properties being sold today have experienced select cutting in recent years. This property has been in the same ownership for over 40 years and has not experienced ANY timber cutting! By the size of these trees, it had not been cut for decades prior to their purchase either. Go Look At This Property...as soon as possible. Good Luck in your Bidding...this property will have a new owner after the June 8th auction. David Hudgins - (931) 994-7144
Right Prong Blue Buck Road - Duck River, TN Woods & Waters - 42 acres of Harvest-Ready Hardwood Timber TERMS & CONDITIONS This Property - 42 acres is selling via Online Auction - bid ending....Thursday, June 8th at 6:00pm being offered as a whole. PROCEDURE: We are selling a total of 42 acres. Bidding will be for the entire property, as a whole. The property has been recently surveyed and is clearly marked. BIDDING INCREMENTS: Bidding is set for $1,000 increments. DOWN PAYMENT: A down payment, 10% of the total contract purchase price, will be due immediately after being declared the buyer. The down payment may be paid in the form of personal check, business check, or cashier's check. The balance of the contract purchase price is due in cash at closing within 30 days. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. ACCEPTANCE OF BID PRICES: The successful bidder will sign a purchase agreement immediately following the close of online bidding. This property will be sold subject to confirmation by the seller. BUYER'S PREMIUM: A Ten percent (10%) Buyer's Premium will be added to the final bid price to arrive at the total contract purchase price paid by the Buyer. CLOSING: Closing shall take place 30 days after the contract has been fully executed, or as soon thereafter as applicable closing documents are completed. POSSESSION: Possession will be given at closing - Date of Deed. TITLE: Seller shall execute a proper deed (General Warranty Deed) conveying the real estate to the buyer(s). Property will be conveyed with good, clear title. Buyer has the option to purchase TITLE INSURANCE. REAL ESTATE TAXES AND ASSESSMENTS: The 2017 taxes will be prorated to date of closing. EASEMENTS: Sale of said property is subject to any and all easements of record. SURVEY: There is a new survey. See survey - download and review AGENCY: Hudgins Auctions & Realty and its representatives are Exclusive Agents of the Seller. ZONING: Currently, the property is Residential. The property is located off Hwy 50 in the Duck River community of Hickman County. This is approximately one hour west of Nashville, TN. UTILITIES: Electricity is at the property. DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this website listing and all related materials are subject to the terms and conditions outlined in the agreement to purchase. The auctioneer may UPDATE these Terms prior to the auction end date and time. Any changes will be made known to all registered bidders. The property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the auction company. Each registered bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this listing is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company. All acreages are approximate and have been estimated based on either the current survey, deed of record or property assessor's report, and/or aerial views.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 1,000,000.00 1,000.00 USD
1,000,000.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 10% of the Bid Amount will be added
Payment Terms
The balance of the purchase amount will be due at closing - on or before 30 days of bid acceptance.
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.