Hunting Land Titus County Texas

United Country H5 Auction and Realty

 

Date(s) 8/30/2020 - 9/29/2020

Online Only through September 29, 2020 at 2:00pm CDT

Past Auction
Online-Only Auction
Bidding Notice:

This is an internet-only auction. All bidding activity will take place online.

Auction Information
Name Hunting Land Titus County Texas
Auctioneer
Type Online-Only Auction
Date(s) 8/30/2020 - 9/29/2020
Auction Date/Time Info
Online Only through September 29, 2020 at 2:00pm CDT
Preview Date/Time By appointment
Checkout Date/Time Deposit due immediately following the close of the auction. Closing within 30 days at title company.
Location
Buyer Premium 10% or $2,000. Whichever is greater.
Description
Up for auction is +/-311 Acres of Recreatinal/Hunting Land along the Sulphur River. The Sulphur River begins at the confluence of its north and south forks along the Delta-Mar county line. The river merges about 4.7 miles northeast of Sulphur Bluff and 95 miles northeast of Dallas. It is 16 miles downstream from the Cooper Lake dam. Flowing eastward through several Texas counties, the Sulphur River provides most of the water for Wright Patman Lake, on the border between Bowie and Cass counties. The river flows southeastward through southwestern Arkansas for about 15 miles until it joins the southbound Red River east of Doddridge, a few miles above the Louisiana border. This property is a hunter's dream with Sulphur River frontage, ponds, creeks and a duck hunting slough. You can enjoy riding ATVs, deer and hog hunting or just the peaceful tranquility that this secluded property has to offer. The Cottonwood Slough runs east/west across the southern portion of the property and there are multiple creeks crossing in that run into Cottonwood Slough. Ample whitetail deer and hogs, possible turkey and waterfowl. The entire property is in the Sulphur River flood plain. If desired the slough could be enlarged to create tremendous duck hunting potential. Lots of smaller timber, mostly hardwoods. It would be possible to clear areas and plant to grass for a cattle grazing ranch.
1. This is an online only auction. This property will be sold with a reserve. 2. There is a 10% buyer's premium. 10% or $2000, whichever is greater, will be added to your high bid to arrive at the contract price. KEEP THIS IN MIND WHILE YOU'RE BIDDING. Example: High bid $100,000.00 X 10% = $10,000.00. $100,000.00 + $10,000.00 = $110,000.00 is the contract price. 3. There will be a 10% deposit required. Immediately following the bidding, the successful bidder will execute a contract for the purchase of the property and will be required to place a non-refundable deposit of TEN PERCENT (10%) of the TOTAL CONTRACT PRICE with the escrow agent. Cashier's Checks, Business Checks and Personal checks are accepted. The contract is NOT assignable, NOT contingent upon financing, NOT contingent upon inspections. 4. The balance of the purchase price is due at closing within 30 days. Each purchaser is responsible for obtaining his/her own financing if necessary. You must be pre-approved for financing. If you are unsure of your ability to obtain the necessary financing, do not bid as you could lose your earnest deposit if you don't close. 5. A seller's disclosure of condition of the property has been provided in the materials here today. The property is being sold "as is" and "where is" with all faults, if any. No warranty as to condition or suitability for any purpose is expressed or implied. Buyers shall rely entirely on their own information, judgment and inspection of the property and records prior to the auction. Bidding signifies agreement to all disclosures. 6. The Seller will furnish an Owner's Policy of Title Insurance in the amount of the purchase price. Title insurance police expense will be paid by the Seller. Buyer will pay all other closing costs associated with this transaction. 7. All adjustments of current year taxes or other pro-ratable items on this property shall be prorated as of the date of closing. 8. Possession of the property shall be given to the Buyer upon successful closing and funding of said sale. 9. Sellers are not required to provide a survey of the property. If the buyer desires a survey, it shall be at the buyer's sole expense. 10. United Country H5 Auction & Realty and its agents, auctioneers, brokers and representatives are Exclusive Agents of the Seller. 11. Any properly licensed broker which registers and represents a successful buyer at the auction shall be entitled to a Two Percent (2%) Buyer's Broker fee, based on the total contract price. The Buyer must not already be working with or have been contacted by the auction company either personally or by electronic means or by direct mail marketing. 12. Bidding signifies you have read and are in agreement with terms and conditions of the today's contract. If you do not agree, do not bid!! 13. The auction team reserves the right to bid on behalf of the seller. 14. Disclaimers: All information is taken from sources believed to be reliable, but is subject to verification by all parties relying on it. Any and all drawings, sketches, dimensions are approximate. No liability for its accuracy, errors or omissions is assumed by the seller or the auction company. All bidders are responsible for conducting their own inspection, inquiries and due diligence concerning the property being offered and are encouraged to satisfy themselves prior to placing any bids at the auction. The property is being offered "AS IS, WHERE IS" and no warranties or representations either expressed or implied are being made by the seller(s) or the auction company. All information contained in the advertising and all related materials are subject to the terms and conditions outlined in the purchase sale agreement. All dollar amounts stated in the terms and conditions or otherwise shall be in U.S. currency, only. Any announcements made the day of auction shall take precedence over any previously printed material or any other oral statements made. 15. If you wish to be a back-up bidder, please contact H5 Auction & Realty (903-686-0636) after the auction and we will put you on the list in the event the high bidder does not close. We will contact you and invite you to purchase the property. There is no obligation to purchase and no signature is required. This is a matter of reference only. 16. Neither Auctioneer nor Seller shall be liable for any personal injury on the sale premises. Buyer assumes all risk and liability whatsoever resulting from the use of the item(s) sold hereunder, and shall defend, indemnify, and save harmless Seller and Auctioneer from any liability. 17. Any unresolved complaint with H5 Auction & Realty should be directed to : Texas Department of Licensing and Regulations; P. O. Box 12157; Austin, TX 78711; 512-4636511, www.tdlr.texas.gov.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 10% or $2,000. Whichever is greater.
Payment Terms
Closing must be within 30 days of the auction.
n/a
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.