ONLINE AUCTION - 131 Acres near Ellijay in Gilmer County, Georgia
- Property is offered individually, in combinations or as a whole.
- 8 Miles North of Ellijay in Gilmer County
- Old Growth Timber and Hemlocks
- Great Interior Roads
- Soil Survey Completed
- Electricity and County Road Frontage
- Wildlife, Perennial Creek and Waterfalls
- Lot 2 Joins Cherokee Nat’l Forest
- 3% Broker Co-Op Available
Call Steve Slocumb at 478-957-4283 for additional information.
ONLINE BIDDING INSTRUCTIONS: The H&M Online Auction begins Tuesday, October 22, 2024 at 9:00 A.M. (EST) and properties start closing Thursday, October 24, 2024 at 2:00 P.M. (EST) at the stated times. The window for the auctions will extend on individual properties for two (2) minutes as long as there is active bidding. Bidders who cannot be available at that time can set a maximum bid on their property of interest. The system will bid on your behalf as much as necessary to maintain your position as high bidder, up to your maximum bid amount. Bidders must have a MyH&M account to bid. YOU MUST REGISTER FOR EACH
PROPERTY OR PROPERTY COMBINATION YOU WANT TO BID ON! Internet connection required. You will see the register to bid button listed on each auction item. If you need assistance with registration or have questions in regards to the online bidding process, please call Hudson & Marshall at 800-841-9400 for assistance.
PROPERTY COMBINATIONS: At the conclusion of the bidding on the individual properties, bidders will have the opportunity to bid on combinations of contiguous lots. This auction will be made available for bidding approximately five (5) minutes after the conclusion of the individual lots. The bidding window will extend by two (2) minute increments so long as there is active bidding. The high bid of the lots will be totaled, and a 2% raise will be added to equal the opening bid amount. For example: if the total of lots 1 & 2 equals $100,000, the minimum opening bid amount will be $102,000. The seller maintains the right to accept offers on the property as a whole or on individual lots.
AUCTION ENDING: The online bidding will begin to close at the published end times, subject to auto-extend bidding. Each time a bid is placed with the clock showing less than 2 minutes, the clock will reset to 2 minutes. If there are no bids within 2 minutes, the auction will end.
EARNEST MONEY: The successful bidder will be required to pay 10% of the total purchase price down as the earnest money binder.
TERMS OF SALE: Bidders will be notified no later than 5:00 P.M. Thursday, October 24, 2024 if their bid is accepted. If the bid is accepted, the Purchase and Sale Agreement will be emailed for execution. Contracts must be signed and returned to Hudson & Marshall no later than Friday, October 25, 2024 by 5:00 p.m. with the 10% earnest money binder. The earnest money can be in the form of a check or wire transfer. Hudson & Marshall will provide wiring instructions upon notification.
BUYERS PREMIUM: All real estate sold at this auction will be sold with a 10% buyer’s premium fee. (Example: If the purchaser bids $100,000, then we charge 10% ($10,000) for a final purchase price of $110,000.
CLOSING COSTS: The 2024 real estate taxes will be prorated. Purchaser shall pay for any title exam fee, title insurance premium or attorney’s title opinion, loan closing costs, appraisal fees, recording charges and any and all other costs associated with closing this transaction. The property sells with NO LIENS, NO BACK TAXES, and INSURABLE TITLE. This property must close on or before Friday, December 6, 2024.
SURVEY: Lots 1 and 3 can be conveyed by existing surveys and deeds of record. Lot 2 can be conveyed by a recorded metes and bounds in the legal description.
INSPECTION: The land is available for inspection at anytime.
BROKER PARTICIPATION: A 3% Broker Commission, before the inclusion of the buyer’s premium, will be paid to Brokers/Agents who represent a purchaser. Registration forms can be obtained from our website www.hudsonmarshall.com or call 478-743-1511 to have a copy emailed or faxed. All registrations are due by 5:00 P.M. Monday, October 21, 2024. Commissions will be paid if and only if the property closes. A commission on a property will be paid only to the first broker registering a prospect. A BROKER CANNOT ACT AS A PRINCIPAL AND BROKER ON THE SAME TRANSACTION.
BUYER’S NOTE: Personal on-site inspection of the property is strongly recommended. THE PROPERTY WILL SELL “AS IS - WHERE IS” WITH NO WARRANTIES EXPRESSED OR IMPLIED. Information was gathered from reliable sources and is believed to be correct as of the date this information is published; however, the information set forth herein has not been independently verified by seller nor auctioneers. Its accuracy is not warranted in any way. There is no obligation on the part of seller or auctioneer to update this information. All announcements made on www.hudsonmarshall.com take precedence over all other advertising. Seller has the right to establish a required minimum bid. There is no obligation on the part of the seller to accept any backup bids in the event the high bidder fails to perform. All bids are subject to Seller Confirmation.
AERIAL PHOTOS: The aerial photo is for general location purposes only and not guaranteed for complete accuracy. Buyer to independently verify all information provided herein.
PURCHASE AND SALE AGREEMENT: For a copy of the P&S agreement visit www.hudsonmarshall.com or contact Hudson & Marshall at 478-743-1511 for an emailed copy.
AGENCY DISCLOSURE: Hudson & Marshall and all licensees employed by or associated with auctioneers, reresent seller in the sale of this property.
TECHNICAL ISSUES: Neither the company providing the software nor the auction company shall be held responsible for a missed bid or the failure of the software to function properly for any reason. In the unfortunate event of a DDOS attack or server attack/shut down, the auction company reserves the right, but is not required, to change the bid closing deadline.
LICENSE INFORMATION: AM Marshall IV #1605, RS Slocumb #3512, H&M #274
