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Woods Land - 200 Acres - Bid Per Acre..Rolling Hills - Fronts two highways - New Hwy 50
Lot Closed
Auction by Hudgins Auctions & Realty
This item is in Centerville, TN
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Method & TermsOverview of Woods Land - 200 Acres - Bid Per Acre..Rolling Hills - Fronts two highways - New Hwy 50
Item Details
Selling this 200 acre parcel at the direction of a local congregation as a result of a generous "Estate" gift.
Selling the total 265 acres will produce a Scholarship Fund, which will hopefully benefit the youth of Hickman County for many years in the future.
This 200 acre parcel fronts New Hwy 50 and rolls down to Beaverdam Road (Hwy 438), with long road frontage on both.
The property was "select cut" many years ago and has young hardwoods throughout.
The property is rolling hills and hollows - ideal for recreation, hunting, secluded residential, etc.
You will bid PER ACRE on this parcel with final purchase amount determined by a new survey.
Buyer will pay $25 for the cost of the new survey.
Payment
Terms: Most sellers require 10% down with balance due in 30 days. The terms for each property is described in the individual listing. Successful bidders will be required to make payment of the earnest money upon execution of the Real Estate Purchase Agreement.
Seller Confirmation - Sellers in this Multi-Property Auction include familes of Estates, lenders selling bank-owned properties, a local congregation selling a gifted farm, and other private sellers. Once the "Reserve" has been met, the property can be considered SOLD to the highest bidder after the auction is concluded except for the 265 acres selling in two parcels on behalf of the Centerville Church of Christ.
The elders of the Centerville Church of Christ desire to sell the entire 265 acres as a result of the online auction and not just one of the parcels. The elders (Sellers) of these two properties reserve the right to "accept or reject" the high bid submitted on these land tracts. This property known as the "Morrison Farm" was left to the Centerville Church of Christ to establish a Scholarship Trust Fund.
The other Beaverdam farm (80.8 acres) on Beaverdam Creek is being sold under Land Contract only, whereby the sellers will provide owner financing. The terms of that purchase is described fully within the details of that specific listing.
Contact Auction company with any questions.
Check
Auction Details
Farms - Foreclosures - Estates - Scenic Land111 Progress Center Plaza, Centerville, TN, 37033Friday, May 17, 2013 | 1:00 PM CDT
Auction House
Hudgins Auctions & RealtyFairview, TN
Terms Of Sale
Please read Terms & Conditions of each property offered very closely. Some of the properties offered are Bank-Owned Foreclosures and have specific terms. One farm is being offered and sold ONLY by "Land Contract", whereby the Seller is providing financing. Each property should be considered individually as there are many different sellers, institutions, estates, etc. involved in this Online Auction offering.