LIVE AUCTION - November 19, 2020 @ 11:00 A.M.
Dear Prospective Bidder:
Hudson & Marshall is pleased to have been chosen by the Owner to offer you this property in Baldwin County. Rental income and development property. We encourage you to inspect this property prior to the sale and be with us on auction day to purchase excellent property at AUCTION prices!
Lot A
Mobile Home Park on 8 Acres
(Land Only)
* 35 Spaces
* 16 Spaces Occupied
* 14 Spaces Paying $850 per mo. total
* 1 Space Delinquent
* 1 Space Receives Free Rent in Exchange for Lawn Mowing
All lots are on municipal water and sewer. Presently the home owner pays their own water and sewer bill. Baldwin County has passed an ordinance converting all mobile home parks to a master meter which the county is in the process of installing.
Lot B - 5 Acres
* Future Expansion
* Heavily Wooded
SALE SITE: All Real Estate will sell on site Thursday, November 19, 2020 at 11:00 A.M.
TERMS OF SALE: Successful bidders will pay an earnest money deposit equal to ten percent (10%) of the purchase price with the balance due in 30 days at closing.
BUYERS PREMIUM: All real estate sold at this auction will be sold with a 10% buyer’s premium fee. The bid amount plus the buyer’s premium equals the final purchase price. For example: A $10,000.00 bid plus the $1,000.00 buyer’s premium fee equals the final purchase price of $11,000.00.
CLOSING COST: The seller shall pay the 2020 real estate taxes. Seller shall also pay the cost of preparation of the deed. 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.
SURVEY: The property will be transfered by existing deeds or the buyer may elect to survey the property at their own expense.
BUYERS NOTE: Information contained herein was taken from sources deemed reliable and is believed to be correct. Although every precaution has been taken to insure the accuracy of the information herein, Hudson & Marshall, Inc., Seller, Sale Managers and all of their agents will not be responsible for any errors or omissions. It is the Purchasers responsibility to conduct their own due diligence and make their own decisions as to the accuracy of all information. All property sells in its "As-Is/Where-Is" condition with no warranties expressed or implied other than marketable title free and clear of liens and encumbrances. Auctioneers are acting as agents for the Seller not the Buyer. Announcements made at the auction take precedence over all written matter. Buyers should carefully verify all items and bid accordingly. Unless the property is marked absolute in the auction brochure, it sells subject to Seller Confirmation. Auctioneers reserve the right to offer the property in individual tracts, combinations, or as a whole whichever way is most advantageous to the seller.
LICENSE INFORMATION: BG Hudson Jr. GA #103, AM Marshall IV #1605, RS Slocumb #3512, H&M #274
