ONLINE AUCTION - 114.3 Acres in George County, MS and 331.96 Acres in Greene County MS
- 114.3 Acres in George County, Mississippi
Property is located on Crossroads Merrill Road, 1.5 miles South of Merrill, MS
- 188 Acers in Greene County, Mississippi
Property is locted on the East side of Highway 98 near West Main Street in McLain, MS
- 143 Acres in Greene County Mississippi
From the intersection of Old Highway 24 and Sandridge Road in Neely, travel West on Sand Ridge Road 3.5 miles. Turn right to stay on Sand Ridge Road
and go .5 miles and turn left on Loop Road. Property is .4 miles.
“First South Farm Credit is your experienced lender in financing rural real estate. Call Shaw or Seth at 601-545-7020 for competitive interest rates and flexible loan terms up to 30 years.”
ONLINE BIDDING INSTRUCTIONS: The H&M Online Auction begins Wednesday, April 23, 2025 at 9:00 A.M. (CST) and begins closing Thursday, April 24, 2025 at 1:00 P.M. (CST). The window for the auction will extend 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. 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.
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.
PROPERTY COMBINATION: At the conclusion of bidding on Properties 2 & 3, bidders will have the opportunity to bid on a combination as a whole. The high bid on Properties 2 & 3 will be totaled and a 2% raise will be added to equal the opening bid amount. For example: if the total of Properties 2 & 3 equal $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 the individual properties.
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. Friday April 25, 2025 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 Monday April 28, 2025 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 COMPANY: Southland Title, Inc. located at 2210 Mill Street Ext, Suite 1 in Lucedale will be closing the properties and holding all escrow funds.
CLOSING COSTS: The 2025 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 May 30, 2025.
SURVEY: The property will be sold subject to existing deeds of record.
INSPECTION: The land is available for inspection at anytime.
MINERAL RIGHTS: The Seller reserves all oil, gas, coal, sand and gravel and other subsurface materials of whatsoever kind and character located in, on and under the real estate.
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 photos are 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, represent 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: Louis Scott Barnes MS AU LIC 1506, MS BROKER LIC B21812; Asa Monroe Marshall IV GA AU LIC 1605, GA BROKER LIC 153460; Steve Slocumb GA AU LIC 3512, GA RE LIC 136176; H&M GA AU LIC 274
