0 Polecat Hollow Rd, Rachel, WV 26587

Auction Monday Dec. 13th starts closing at 7:00 PM Online Only

***AUCTION***Price of $160,400 Reflects the County Appraised Value ONLY Not the Reserve or List Price. This property is being sold at auction, do not make offers to purchase prior to the sale based on this amount.*** 250 Acre Marion County Land and Lake Timber and Stocked Lake Location: Polecat Hollow Rd Rachel, WV 26587 GPS Coordinates 39.528202, -80.306153 Date: Bidding is open & starts closing Monday, December 13th @ 7:00 P.M. Call to schedule a showing. Online Only Bidding 250+/- Acres, Marion County, Timber, 8.72+/- Acre Stocked Lake, Potential Building Sites, Hunting or Recreational, City Water and Electric on Property, Surface Only, Previously Joanne Sportsman Club Inc., Pavilion, Endless Potential with this Property! Build your dream home on a large tract of land and have your own private lake or start a commercial business! DISTRICT 11 MAP 20 PARCEL 15 WITH LAKE Kaufman Realty & Auctions of WV        399 W. Main St. Bridgeport, WV 26330 David Anthony Kaufman, Broker License #WV0030037 Andrew Yoder Jr. - Auctioneer/Agent License #WV0028890 Auc. Lic #2086 Wayne Yoder - Auctioneer/Agent License #WV0029880 Auc. Lic. #2161 Terms: 10% nonrefundable down payment due within 48 hours of the close of the Auction. No financing or other contingencies. Any required inspections must be completed prior to bidding. All information contained herein derived from sources deemed reliable but not warranted. Sold as is no warranties written or implied. Property will be sold free and clear of any & all liens and encumbrances. Taxes will be prorated to the day of closing. 45 days to close. 10% buyer's premium will be added to determine the final contract price. Property sells subject to Sellers Approval. Boundary Lines, square footage, and other dimensions are approximate. Property is being sold based on tax map and information. Successful bidder will be emailed a contract to be executed and returned to Kaufman Realty & Auctions of WV. Successful bidders will deposit 10% of the Contract price in the form of cashier's check, wire transfer or drop a check to Kaufman Realty & Auctions of WV. The entirety of the remaining balance is due at closing or within 45 days. Instructions for wire transfer and /or cashier's check transmittal will be sent by e-mail to the successful bidder. Purchaser shall be responsible for wire transfer fees. Contract Documents will be sent by e-mail to the successful bidder must execute and fax or email back to Kaufman Auctions within 48 hours of the end of the auction. Successful bidders not executing and returning their contract with earnest money deposit within 48 hours of the conclusion of the auction will be considered in default. At the close of bidding. The system is set to add a 5-minute extension when a bid is placed within the last 5 minutes and will do so until no one bids during the allotted time. Buyer's Premium Example: Bid Price: $100,000 Plus 10% Buyers Premium: $10,000 Total Contract Price: $110,000 Down Payment $11,000 DISCLOSURE: Kaufman Realty & Auctions of WV is acting as Auctioneer/agent and is an agent for the seller only. DISCLAIMER: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives, and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions.         BUYER/BROKER INFORMATION: Up to 1% Commission will be paid to any properly licensed buyer's broker who registers a successful buyer according to the Broker Participation Guidelines. Broker registration forms are available. Call for Broker Registration Form or print it from the documents tab for that specific Auction. Must be registered & Approved 24 hours prior to Auction. Brokers/Agents are not entitled to a commission if they are the purchaser.