LIVE AUCTION - 687 Acres in Montgomery County, Georgia
Dear Prospective Bidder:
Hudson & Marshall is pleased to have been chosen by the Executor of the Gregory S. May Estate to offer you this exceptional property in Montgomery County. Agricultural, recreactional, development and timber land, this property offers something for everyone. 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!
Best of luck in your bidding! Hudson & Marshall
SALE SITE: All properties sell Thursday, March 16th, at 7:00 P.M. from the Econo Lodge located at 2507 E. 1st Street, Vidalia, Georgia (located across from Meadows Regional Hospital).
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 2023 taxes will be prorated at closing. Seller shall pay the State of Georgia transfer tax and the cost of preparation of the deed which shall be prepared by Seller’s attorney. 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: Tracts 1, 4, 6, 8, 9, 10 and 11 have existing boundary surveys and require no further survey. Tracts 2 and 3; tracts 6A and 6B; and tracts 5 and 7 have boundary surveys. If any of these combinations sell together no further survey work is required. If tracts 2 and 3; tracts 6A and 6B; or tracts 5 and 7 sell divided a new survey will be required and will be an expense of the buyer and payable at closing. Hudson and Marshall will appoint a surveyor to handle the work. If you have any questions about the cost of a new survey or would like a copy of the existing survey please call sale manager Greg Williamson at 912-293-3429. Surveys may also be viewed on our web site www.HudsonMarshall.com
TIMBER CRUISE: A timber cruise was completed March 2020 on Tract 11. For a complete copy visit our website.
permanent
EASEMENTS: Tract 6 - There is a recorded 100’ wide, 600’ long easement from Old Savannah Road for the adjoining landowner. Tract 8 & 9 - There is a recorded 20’ wide easement from Highway 280 to the property of the adoining landowner, however the driveway that is being used may not be exactly within the bounds of the recorded easement.
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. Property 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
