Details
Plum Bayou
: Sunset 1-22-10
Bill Chubb Plum Bayou access
Kitchen
Back/Side View
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Property open for inspection/tour:
Sat., Feb. 6, 2010 -- 2 pm to 6 pm
Thurs, Feb. 13, 2010 -- 10:00 am - 11:03 am
(1 hr prior to auction)
On Site Auction will begin at 11:03 a.m.-CST
2BR/1BA on 4+ acres, covered front porch, 1,226 SF, parking pad, 2 mobile home hook-ups on property. See attached appraisal. BUT!, you are not buying just the house. This deal is about LOCATION! A stone's throw from Bill Chubb Plum Bayou Access--An Arkansas Game and Fish Commission site!
Potential Galore:
Hunting or Fishing Lodge - Less than a mile from Plum Bayou, home of outstanding hunting and fishing adventures. Mobile homes could be hooked up on the two existing faciliites to create your very own compound.
Residential - Perfect for first-time home buyer or opportunity for small family to relocate to the country. Lovely setting for raising family, animals or both! Excellent schools! LIve in your home and rent out the pads!
Investment - Great rental potential or priced right to update and flip!
Conveniently located within one hour of LR, NLR, Bryant, Pine Bluff and Stuttgart.
See Survey of property and termite policy in "documents"
Auction Terms
Terms and Conditions
REGRISTRATION
In order to receive a bidder’s number, you must register. If you are bidding online, you must register by placing a legitimate credit card on file. If you are a successful bidder, your card will immediately be charged $1000 and you will have until 5 pm-CST February 15 to execute the purchase contract and pay additional funds to bring your contract deposit to 10% of your high bid. If you have been qualified as an online bidder and decide to attend the live auction on Feb. 13, your online registration will suffice. If attend the live auction and have not previously registered, you will register by presenting a driver’s license and guaranteed funds (cashier’s check, cash, or money order) in the amount of $1000 made payable to yourself.
DAY OF AUCTION DEPOSIT
If you are the successful bidder, you will endorse the cashier’s check over to the auction company as part of your day of auction deposit of 10% of your bid. The balance of your deposit may be paid with a personal or company check.
CONTRACT OF PURCHASE
The successful bidder must sign a real estate purchase contract immediately upon the conclusion of the bidding. A successful online bidder will receive a contract via email. The contract along with the required deposit must be received by 5 pm-CST Feb. 15.
BUYER’S PREMIUM
A Buyer’s Premium of ten percent (10%) will be added to the successful bidder’s high bid to determine the Total Purchase Price.
CLOSING
Closing shall take place no later than thirty (30) days after the auction at the offices of
The entire Purchase Price less the day of auction deposit must be paid by cashier’s check other certified funds.
SELLER’S WARRANTY
The only warranty by the seller is good, merchantable title. The property is selling “as is, where is.” Title Insurance is available at buyer’s expense. All other closing costs will be split evenly between the buyer and the seller.
AGENCY
RPM-Mitchum Auctions, LLC represents the seller exclusively and acts solely on its behalf.
DISCLAIMER
All statements included in the marketing materials are believed to be accurate but are not guaranteed by the seller or the auction company to be correct. Announcements made at the auction take precedence over all printed material and oral information previously stated.
Directions/Map
%MAP%
See Direction and Area maps attached.
Driving Directions: From England, Arkansas on Hwy 165, take Hwy 256 Southwest for approximately 4.2 miles. Property is on left.
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Auction Terms
