Online Only Auction
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High Bid: 15,000.00 USD
1 Bid
Time Remaining: 8d 8h 29m
Soft Close
Shipping Not Available
Reserve Not Met
Date(s)
4/9/2024 - 5/9/2024
Bidding Notice:

SERIOUS BIDDERS ONLY. You are bidding on 15 acres of property in one lump sum. Please do your own inspection of the property. If you have any questions, please feel free to call 501-219-8600. There will be a 10% Buyers premium added to the final bid on this property. We will require $1,000 down by 2:00 PM CDT on Monday, May 13, 2024 as earnest money with the balance due in 30 days at closing.


Information
Lot # 1
Group - Category Real Estate - Ag / Farm Land
Lead Sparkman 15 Acres
Description
Timberland
Name Kelly Ave. East 15
Auctioneer
Type Online-Only Auction
Date(s) 4/9/2024 - 5/9/2024
Auction Date/Time Info
Thursday, May 9, 2024 at 11:00 AM CDT
Preview Date/Time March 29-May 9, 2024
Checkout Date/Time Thursday, May 9, 2024 at 12:00 PM CDT
Location
Buyer Premium 10% Buyers Premium
Description
ONLINE BIDDING ONLY. Auction closes at 11:00 AM CDT on Thursday, May 9, 2024. SEE ABOVE LINKS FOR AERIAL AND TOPOGRAPHIC MAPS This 15-acre tract is located in Dallas County, Arkansas just 3.5 miles north of Sparkman, AR. This tract was planted with pine trees in 2012, making it an excellent timber investment. There are utilities nearby, such as electricity and water. This tract can also be used as a recreational tract with deer and turkey present on the property.
SERIOUS BIDDERS ONLY. You are bidding on 15 acres of property in one lump sum. Please do your own inspection of the property. If you have any questions, please feel free to call 501-219-8600. There will be a 10% Buyers premium added to the final bid on this property. We will require $1,000 down by 2:00 PM CDT on Monday, May 13, 2024 as earnest money with the balance due in 30 days at closing. Boundary lines represent what the current landowner has used as the traditional boundaries of the property and to the best of our knowledge are not under dispute with the adjacent landowners. Seller is not obligated to furnish a survey. If buyer requires a survey, the cost will be the responsibility of the buyer. The attached maps should not be considered as survey plats. Conveyance will be by warranty deed. Seller shall furnish an owner’s policy of title insurance in the amount allocated to the property. If a mortgagee’s policy is required by the buyer’s lender, the aggregate cost of all title policies shall be borne one half (1/2) by seller and one half (1/2) by buyer. The buyer will be responsible for customary closing costs. Cash or cashier’s check is required from buyer at closing. Seller will retain all mineral rights. The property is being offered for sale "AS IS". DDK Forestry & Real Estate is acting as agent for Seller. All information provided by the Seller, DDK Forestry & Real Estate, or its agents is believed to be reliable but is not guaranteed in any manner. Prospective Buyer(s) should verify all information about the property to their satisfaction, including but not limited to the number of acres, timber volumes, timber stand information, access, ingress/egress agreements (if any), location of boundary lines, and utilities.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium 10% Buyers Premium
Payment Terms
High bidder to pay $1,000.00 as earnest money due by 2:00 PM CDT on Monday, May 13, 2024. Balance due in 30 days at closing.
N/A
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.