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Recreational Timberland For On Line Timed Auction, In Waverly Louisiana 71290, Begins , June 1-2020 @ 10:00 am CST-Stops June 5-2020 @ 10:00 am CST : CASE # 19-30753

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485 Acres Recreational Timberland With 10′ Electric Ribbon Fence on Three Sides .It has a Pipeline Running Through It, With Several Log Roads, ATV Trails & Shooting Lanes . The Timber Was Thinned Approx. 12 Years Ago.The.current owners have been managing the area for trophy whitetails for over five years with outstanding results. 150+ class bucks are have been taken each year.
The tract has a deeded access from the north off Hwy 579 to a locked gate and a common parking area for the 3 other adjoining owners.
There is a timber reservation in favor of Anderson Tully Co and successors that will extend to the end of 2043. The reservation stipulates a minimum base volume of timber that is to remain on the tract at all times. Most of the acres on this tract have already been cut.


Buster Gay and Associates

Auction Terms & Conditions

REAL ESTATE TERMS & CONDITIONS REGISTRATION: In order to register for the auction you must submit a bank letter of guarantee, or a pre-approval letter from a finance company after you have registered online.

BUYERS PREMIUM: 3% will be added to the final bid price, to be included in the total purchase price. For example, if the property sells for $100,000.00, then the total sales price would be $103,000.00.

DEPOSIT: 10% down day of auction. Balance due at closing on or before 30 days. Guaranteed good title. For example if the property sells for a total sales price of $110,000.00 including buyer’s premium, then a deposit of $11,000.00 would be put down the day of the auction.

FINANCING: Purchasers to obtain their own financing. Purchase Agreements are not subject to financing or qualification. All bidders are encouraged to pre-qualify.

Closing Cost, etc.:  Buyer has thirty (30) days from date of sale to close.. Buyer is responsible for closing cost

. DISCLAIMER: All property to be sold “as is, where is”, with any and all faults and no implied warranties by Seller or Auctioneer. Please feel free to have an inspector or contractor look at the property with you. All information and dimensions were derived from sources believed correct but are not guaranteed. Buyers shall rely on their own information, judgment, and inspection of the property and records, including, but not limited to, all documents recorded in the county or parish where the property is located. All announcements from the auction block will take precedence over any previously printed material or any other oral statements made. Buyer’s do your own DUE DILIGENCE. Properties not sold absolute will be offered subject to seller’s confirmation within 2 business days. LA Lic#1108

Buyer is responsible for closing cost

TAXES: Taxes will be pro-rated.

Lots are sold in accordance with the Auctioneer’s terms and conditions which are accessible from each lot’s page. It is your responsibility to read and accept the Auctioneer’s terms and conditions prior to placing your bid. When you place a bid you are agreeing to be bound by the Auctioneer’s & Auction Mobility’s terms and conditions. By placing a bid you are entering into a legally binding and enforceable contract. Please keep in mind that you are bidding against other internet bidders. The auctioneer, at their discretion, can approve or deny bidders. The auctioneer reserves the right to accept or deny bidders for any reason. Prior to approval the auctioneer may contact you to determine your credit worthiness. If the auctioneer approves your bid, the auctioneer will then process your bid in accordance with their terms and conditions.

The winning bid in an auction will be the highest bid that exceeds any reserve if one is actually in place. In the case of a tie bid in last few seconds of auction the clock will be reset for Five (5) additional minutes in the interest of fairness at the auctioneer.


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