Two tracts totalling 6.5 acres at 0 Highway 100 Waco, GA 30182 - BHHS GA Properties Auction Group

Two tracts totalling 6.5 acres at 0 Highway 100 Waco, GA 30182

Begins Closing:

0 Highway 100 Waco, GA 30182

Property Description: 6.5 acres on 2 tracts. Build your dream home, retirement home, homestead or gentleman's farm. A beautiful piece of property with spectacular views. 5 minutes to the Honda plant in Tallapoosa, GA and 5 minutes to I-20.

 

INSPECT Anytime 

Local Broker: Amy Martin and Larry Goff 404-734-3606 or 678-296-3648

DIRECTIONS TO SITE: From Atlanta: I-20 West to exit 6, turn left toward Bowden, turn on Carlton Johnson Road, Right on Old Highway 100, 1590 Old Highway 100 will be on the left and the subject property is the fenced/gated property to the left. 

 

TERMS OF SALE FOR REAL ESTATE: Upon conclusion of the bidding, Purchaser will sign an Auction Purchase and Sale Agreement (“PSA”) with no changes. Winning bidder will pay non-refundable earnest money deposit of ten percent (10%) of the purchase price. Submit the non-refundable earnest money deposit to the Weissman PC Escrow Account immediately after the auction. Online Purchaser will be provided with wiring instructions.

 

Closing must occur no later than 30 days following the full execution of the Purchase and Sale Agreement unless extended in writing by mutual consent of the parties. Purchaser not closing within the contractual time may forfeit his/her earnest money deposit. 

A sample GAR form Auction PSA packet will be available at our website and at the auction site for review. The Auction PSA which Purchaser must sign at the auction contains an acknowledgment that Purchaser has inspected the property prior to the auction, is relying solely on his/her inspection, and is purchasing the property As Is with all faults and without reliance on any warranty of any kind whatsoever. NO CHANGES WILL BE MADE TO SAID AUCTION PSA OR ANY EXHIBITS ATTACHED THERETO, AND PURCHASER WILL BE OBLIGATED TO EXECUTE AND DELIVER SAID AUCTION PSA ON AUCTION DAY. Provided, however, Seller reserves the right to modify or amend said Auction PSA, to complete blank sections, to attach appropriate exhibits, and to comply with state and local laws as may be enacted or amended from time to time.

Seller states to presently have title to said property, and at the time of the sale agrees to convey insurable title to said Property to Purchaser by Limited Warranty deed, subject only to (1) all title matters of record as of the date of closing, (2) matters affecting title that would be disclosed by an accurate survey of the property, and (3) all taxes not yet due and payable.   In the event there are leases on the property, Purchaser agrees to assume Seller's responsibility thereunder to the tenant(s) and broker(s) who negotiated such leases.   

  

Seller shall pay Brokers commission and prorated portion of 2021 Real Estate taxes and any title corrective expenses. Purchaser shall pay prorated portion of 2021 Real Estate taxes and all other closing costs including tax stamps, transfer tax, recording fees, title search, title insurance (optional), and closing attorney fees and escrow fees charged by charged by Weissman PC  and all of Purchaser’s attorney fees (should Purchaser choose representation). Sale shall be closed on or before 30 days following the full execution of the Purchase and Sale Agreement.

Weissman PC Peachtree City office is the closing attorney: Marlene Young , Attorney. 

Weissman PC is located at 500 Westpark Drive | Suite 150, Peachtree City, GA 30269. 

All payments (i.e. Earnest Money, Closing Funds) must be in the form of wire transfer, with wiring instructions to be provided.

Broker/Agent/Auctioneer is acting as agent for the Seller, not as Purchaser's agent. Time is of the essence.

Transfer will be by Limited Warranty deed. Seller is providing an insurable title. 

 

FINANCING: Please note that financing is NOT a contingency of this auction. Because financing is NOT a contingency, all potential bidders must make certain in advance that they are capable of obtaining the necessary financing to close the transaction. Earnest money deposits are Non-Refundable due to the inability to obtain financing. 

 

PLATS/SKETCHES/DRAWINGS AND PHOTOS: Existing legal descriptions are not guaranteed for complete accuracy. All acreage and dimensions are approximate and could be subject to change upon an actual field survey. All stakes, signs or flags indicating boundaries or location are for general location purposes only and are not to be construed as precise property corners. Bidders may have surveys conducted prior to the auction but are purchasing the property as-is. Title will be insurable. 

 

KEYS: Neither Auctioneer/Agent/Broker nor Seller warrant key availability on any property. If available, keys will be provided at closing. However, Purchaser is strongly advised to re-key the property immediately after closing. 

 

TAX EXCHANGE: Seller and Purchaser agree that Seller may effectuate 1031 Tax Exchanges on the property sold herein. Purchaser will agree to cooperate and execute the necessary documents to enable the Seller to consummate said transactions.   

EASEMENTS: All property sold is subject to recorded easements which include existing roads and planned roads, power line and other utility easements, ingress and egress easements, and other easements of record. 

 

PLEASE NOTE: Personal on-site inspection of the property is strongly recommended. Failure to inspect property prior to auction does not relieve purchasers of contractual obligations of purchase. Property sells As Is - Where Is with no warranties expressed or implied. Bidders agree by participating in the auction that they understand and agree that they have inspected the property to their satisfaction. Real property to be conveyed by limited or special warranty deed. Only the following sale closing costs will be paid by seller: (1) Commissions or brokerage fees to Broker and/or cooperating Brokers as set forth in separate agreement with Broker, and as established in these Terms and Conditions; (2) reasonable title corrective expenses, in Seller’s sole determination; and (3) Prorated 2021 property taxes and previous year back taxes due, if any. All other closing costs, including but not limited to real estate taxes surveys, title examination, tax stamps, loan closing costs, and closing attorney fees are at the expense of the Purchaser. Purchaser will pay all closing fees charged by the closing attorney. 

Information was gathered from reliable sources and is believed to be correct as of the date this brochure is published; however, this information has not been independently verified by sellers or Broker/Agent /Auctioneer. Its accuracy is not warranted in any way. There is no obligation on the part of Seller or broker/agent /auctioneer to update this information. ALL ANNOUNCEMENTS MADE AT THE AUCTION TAKE PRECEDENCE OVER ALL ADVERTISING. The seller does not have any liability whatsoever for any oral or written representations, warranties or agreements relating to the property except as expressly set forth in the PSA. 

 

LEAD BASED PAINT DISCLOSURE: When applicable, if a home on a property was built prior 1978. A Lead based disclosure and brochure will be provided to the Purchaser prior to bidding on the property. This property is selling on an “as-is'' basis.  Prospective bidders are permitted to conduct any risk assessments or inspections prior to bidding and/or prior to the conclusion of all bidding. All bidders prior to registration approval for the auction, will sign the Lead-based paint disclosure form waiving the opportunity to conduct any future assessments or inspection for the presence of lead based paint.

 

FOR DETAILED INFORMATION VISIT OUR WEBSITE AT https://www.sellerchoicega.com/ or contact: 

Amy Martin, 404-734-3606, amymartin.auction@BHHSgeorgia.com