Auction Details
COURT ORDERED LAND AUCTION
TUESDAY JANUARY 21
11:00 AM
Auction will be conducted at Tract 1 (corner of HWY 250 & Wildforest Road).
PROPERTY IS LOCATED AT HWY 250, WILDFOREST ROAD, JENKINS ROAD & SCOTTSBORO ROAD
Waldron, AR
Directions: South of Waldron on HWY 71 turn East on HWY 250 go appx 3 7/10 miles.
Approximately 248 acres of incredible land! This includes a mix of clear and wooded areas, ponds, timber, and extensive road frontage.
Will be offered in 5 tracts & again as a whole –
Tract 1: Appx 20 acres with road frontage on HWY 250 & Wildforest Road
Tract 2: Appx 63 acres with road frontage on Jenkins Road
Tract 3: Appx 58 acres with road frontage on Jenkins Road & Scottsboro Loop
Tract 4: Appx 70 acres with road frontage on Jenkins Road & Scottsboro Road – joins National Forest
Tract 5: Appx 36 acres with road frontage on Scottsboro Road – joins National Forest
10% Buyer’s Premium. Click on “terms” tab for a full list of terms.
Note: We are selling for the Estate of Winna Mae McEntire. This presents a unique opportunity to acquire raw land.
All announcements day of sale supersede this ad
Terms and Conditions
Looper Auction & Realty II, LLC
4525 Palestine Road,
Huntington AR 72940
(479) 996-4848
Terms
Registration finalizes – Each bidder agrees to terms and conditions of sale. Do not bid unless you agree to be bound by these terms. Property to be sold as is where is with faults, without express or implied warranties of any kind. Buyer is to perform all inspections prior to auction with professionals of their choosing. Looper Auction & Realty II, LLC represents the sellers only and does not inspect properties on behalf of buyers and assumes no responsibility for the correctness of any descriptions.
Buyer must make a 10% non-refundable deposit at the conclusion of bidding. Buyer must also execute the sales contract and property disclosure (if available) which will be posted prior to the auction. Balance of purchase price along with all closing costs will be due within 30 days. Buyer to pay all closing costs including 10% buyer’s premium, title insurance, revenue stamps, closing fees, survey, filing costs, and any other fees. Seller will cure any title problems if necessary. Taxes will be pro-rated to day of closing. Properties sell subject to court, bank or seller approval. The court, bank or seller retains their right to bid or have someone bid on their behalf. Possession will be upon closing with filing of deed. 10% deposit will be refunded if seller defaults. Property is sold with no contingencies, buyer should conduct all inspections required by lender prior to auction. If a lender is being used, buyer should be pre-qualified.
Purchase price is amount of highest bid plus 10% buyer’s premium to make a total purchase price. Buyer to make a 10% non-refundable deposit of the total purchase price.
***Example – High bid is $500,000
$500,000 plus $50,000 = $550,000
10% non-refundable deposit = $55,000
All information given orally or in writing was derived from sources believed to be correct but is not guaranteed. All real estate dimensions are only approximations. Buyers shall rely entirely on their own information, judgment and inspection of the property and records.
Location
