Online Real Estate Auction
117 Acre Hampton Estate
655 McDonough Rd Hampton, GA
Offered Divided and as a Whole
Bidding For Individual Parcels Opens August 15th at 8AM
Bidding as a whole will be enabled August 20th
Please Note: The August 16th Open House has been canceled due to scheduling conflicts.
706-342-3355
Bidding Begins Closing August 21st at 2PMA Rare Opportunity to own this beautiful Estate that has not been for sale since the 70's. This Farm Style Home with its Vintage Charm has been Extremely well kept and will leave you in AWE. As you stroll around this Home you get to enjoy beautiful water views to its private ponds and peaceful, green scenery. The Main residence with over 6000 sq.ft. includes 5 Bedrooms, 2 Full baths, 2 Half baths, Not one but TWO beautiful Sun Rooms! Florida Room on Main Level and a Walk-out Screen Porch in the lower level. Main entrance is on McDonough Rd which is off Tara Blvd. After you pass the access gate, you will feel as you have arrived into someone's Castle. The fenced driveway surrounded by manicured pastures will let you know you are about to step into a very special place!! Once you see the Gazebo you have arrived Home. The Elegant Entrance Foyer leads to one of the Two Living Rooms, a Formal Dining Room and Kitchen with Island and a Breakfast Bar with Breathtaking Views of the Pond and the Land. Step outside To the Deck and Enjoy the Morning and Singing Birds. There is a separate laundry room next to the attached garage's entrance. 535 Sq ft Master Bedroom and 3 other bedrooms are also on main level. The lower Level includes a large Living Room with 920+ Sq. Ft. and two ambiances, separated by a charming fireplace. The beautifully designed Full Bar & Lounge can accommodate a party of 15, and then there is the screened porch with a walk-out Terrace. Behind the bar, there is a storage area of approx. 600 SF. A beautiful walkway will take you to the firepit area and private dock. Another favorite spot to spend time and create memories. This property also offers a Second Home (2 Bed/ 2 Bath) that can be used for guests or the In-Law's, 2 barns, a Separate Structure which serves as Storage and Garage. THIS IS PERFECT INVESTMENT FOR A CUSTOM ESTATE BUILDER. IT CAN BE FURTHER DEVELOPED INTO A PRIVATE CORPORATE OR MULTI-GENERATIONAL FAMILY RETREAT, OR AN UPSCALE RESIDENTIAL SUBDIVISION.
Breco Benton Real Estate Auction www.brecobenton.com | 706-342-3355 |
This auction will be an Online Only auction.
All bidders will have to be pre-approved prior to bidding. Register Early!
Bidding will open on August 15th at 8AM and begin closing on August 21st at 2PM.
All Properties Sold Subject to Sellers Approval.
10% Buyers Premium on all Properties.
10% Down Payment due within 48 hours
Buyer pays closing costs.
Seller will require 60 days after closing to vacate the property.
Auction End Times & Extend All Feature: Our Auctions are timed events with an auto extend feature. The auto extend time typically starts out at either 3 or 5 minutes and may decrease if the auction continues to extend past the scheduled closing time. For example, if the auction is scheduled to begin closing at 2:00 PM and someone places a bid at 1:59, the system will auto extend, ALL PROPERTIES, 3 minutes to allow the previous bidders time to bid again. The auto extend feature remains active until no further bids are received within a 3 minute time frame. ALL PROPERTIES IN THIS SALE EXTEND IF ANY ONE IS EXTENDED.
BUYERS FEE: A 10% Buyer Fee will be added to your final bid resulting in the final purchase price. Example: if the final bid on the property is $100,000.00, add the 10% buyers fee of $10,000.00 in this case, for a total purchase price of $110,000.00
ALL PROPERTIES SOLD SUBJECT TO SELLER APPROVAL: Please note that all bids will have to be approved by the seller. Although some may be confirmed that day, others may take additional time to receive approval.
CONTRACTS: Once all lots have closed, our office will begin preparing the Sales Purchase Contract to send to you for your signature. Please allow us 24 hours to get the contract sent to you. Once you receive the contract, we ask that you return it within 48 hours.
DOWN PAYMENT: 10% Down Payment. Deposit Due within 48 hours with the balance due within 30 days.
CLOSING COST: All cost incurred for the closing will be paid by the buyer.
CLOSING AGENT: tbd
SPECIAL STIPULATIONS: Seller will require 60 days after closing to vacate the property.
SPECIAL NOTES:
- All bidders will have to be approved by the auction company prior to bidding. You will receive a document by docusign to fill out and sign. Once completed, our team will work to verify and approve your registration as soon as possible. Please register ahead of time to give the auction company time to verify all information. Please do not wait until the last day of the auction to register as there may not be sufficient time to verify and approve the bidder.
- All properties are sold “As Is, Where Is” with no warranties expressed or implied as to current or future use of property.
- Failure of any bidder to inspect or to be fully informed as to the condition of the properties will not constitute grounds for any claim or demand for adjustment or withdrawal of any contract signed by the bidder.
- At the conclusion of bidding, the successful bidder will be emailed a Sale/Purchase contract and will be required to return a signed copy within 48 hours.
- No conditions may be added to the agreement by the buyer.
Please note that you may need to refresh your screen during the last minutes of the auction to ensure the most accurate information.
POSSESSION: Purchaser shall receive possession of the property 60 days after closing. There will be no exceptions to this condition
TITLE INSURANCE: Title Exam & Insurance will be the buyer’s expense
TAXES: Taxes will be prorated to the day of closing (if applicable)
TRANSFER TAX: Transfer tax to be paid by the buyer (if applicable)
RENTS/INCOMES: Any Rents or Income will be prorated to the day of closing (if applicable)
Survey: Properties will be sold by the existing plats of record recorded in the county where the property is located. If there is no plat of record or legal description and the property requires a survey, the cost of the survey will be at the buyer’s expense. Please do your own due diligence prior to bidding.
Please Note: Descriptions, Acreage, Aerials & Pictures etc.. may be derived from tax assessors records on file. Please be sure to conduct your own due diligence to verify all information provided. Seller reserves the right to add or delete any properties at anytime prior to the close of the auction.
Agent Disclosure: Members of sellers are licensed agents in the state of Georgia
SERVER SOFTWARE TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Breco Benton Auction reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE nor Breco Benton Auction SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to the email address provided in your registration with updated information as deemed necessary by Breco Benton Auction. If property is selling with reserve or subject to owner confirmation, L.W. Benton Company reserves the right to or have the system bid on behalf of the seller up to the reserve amount.
TERMS: 10% of the final bid price as non refundable earnest money in the form of a certified check, cash or wire transfer within 48 hour of the close of auction, with the balance of purchase price due at closing. Purchaser shall be responsible for all wire transfer fees and any currency exchange fees to US dollars. Closing will be as specified in the Contract for Sale of Real Estate. This online only auction is a CASH SALE not contingent on or subject to financing, appraisal, survey or inspections of any kind, as agreed to by bidders at registration prior to bidding and specified in the Contract for Sale of Real Estate
Please do you own due diligence before bidding. If you are unsure about what you are bidding on, Do Not Bid!
Breco Benton Real Estate Auction | 706-342-3355 |
In Conjunction with Fickling & Company
www.brecobenton.com
GA RE 75054 GA AU-C003044 FL AU5285 FL BK 3543788 FL BK 3365093
All bidders will have to be pre-approved prior to bidding. Register Early!
All Properties Sold Subject to Sellers Approval.
10% Buyers Premium on all Properties.
10% Down Payment due within 48 hours
Buyer pays closing costs.
Seller will require 60 days after closing to vacate the property.
AUCTION END TIMES & AUTO EXTEND FEATURES: Our Auctions are timed events with an auto extend feature. The auto extend time typically starts out at either 3 or 5 minutes and may decrease if the auction continues to extend past the scheduled closing time. For example, if the auction is scheduled to begin closing at 2:00 PM and someone places a bid at 1:59, the system will auto extend 3 minutes to allow the previous bidders time to bid again. The auto extend feature remains active until no further bids are received within a 3 minute time frame.
BUYERS FEE: A 10% Buyer Fee will be added to your final bid resulting in the final purchase price. Example: if the final bid on the property is $100,000.00, add the 10% buyers fee of $10,000.00 in this case, for a total purchase price of $110,000.00
ALL PROPERTIES SOLD SUBJECT TO SELLER APPROVAL: Please note that all bids will have to be approved by the seller. Although some may be confirmed that day, others may take additional time to receive approval.
CONTRACTS: Once all lots have closed, our office will begin preparing the Sales Purchase Contract to send to you for your signature. Please allow us 24 hours to get the contract sent to you. Once you receive the contract, we ask that you return it within 48 hours along with the Earnest Money Deposit.
DOWN PAYMENT: 10% Down Payment. Deposit Due within 48 hours with the balance due within 30 days.
CLOSING COST: All cost incurred for the closing will be paid by the buyer.
CLOSING AGENT: tbd
SPECIAL STIPULATIONS: Seller will require 60 days after closing to vacate the property.
PRE-APPROVAL: All bidders will have to be approved by the auction company prior to bidding. You will receive a document by docusign to fill out and sign. Once completed, our team will work to verify and approve your registration as soon as possible. Please register ahead of time to give the auction company time to verify all information. Please do not wait until the last day of the auction to register as there may not be sufficient time to verify and approve the bidder.
SPECIAL NOTES:
All properties are sold “As Is, Where Is” with no warranties expressed or implied as to current or future use of property.
Failure of any bidder to inspect or to be fully informed as to the condition of the properties will not constitute grounds for any claim or demand for adjustment or withdrawal of any contract signed by the bidder.
At the conclusion of bidding, the successful bidder will be emailed a Sale/Purchase contract and will be required to return a signed copy within 48 hours.
No conditions may be added to the agreement by the buyer.
Please note that you may need to refresh your screen during the last minutes of the auction to ensure the most accurate information.
POSSESSION: Purchaser shall receive possession 60 days after closing. There will be no exceptions to this condition
TITLE INSURANCE: Title Exam & Insurance will be the buyer’s expense
TAXES: Taxes will be prorated to the day of closing (if applicable)
TRANSFER TAX: Transfer tax to be paid by the buyer (if applicable)
RENTS/INCOMES: Any Rents or Income will be prorated to the day of closing (if applicable)
Survey: Properties will be sold by the existing plats of record recorded in the county where the property is located. If there is no plat of record or legal description and the property requires a survey, the cost of the survey will be at the buyer’s expense. Please do your own due diligence prior to bidding.
Please Note: Descriptions, Acreage, Aerials & Pictures etc.. may be derived from tax assessors records on file. Please be sure to conduct your own due diligence to verify all information provided. Seller reserves the right to add or delete any properties at anytime prior to the close of the auction.
Agent Disclosure: Members of sellers are licensed agents in the state of Georgia
SERVER SOFTWARE TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Breco Benton Auction reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE nor Breco Benton Auction SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to the email address provided in your registration with updated information as deemed necessary by Breco Benton Auction. If property is selling with reserve or subject to owner confirmation, L.W. Benton Company reserves the right to or have the system bid on behalf of the seller up to the reserve amount.
TERMS: 10% of the final bid price as non-refundable earnest money in the form of a certified check, cash or wire transfer within 48 hour of the close of auction, with the balance of purchase price due at closing. Purchaser shall be responsible for all wire transfer fees and any currency exchange fees to US dollars. Closing will be as specified in the Contract for Sale of Real Estate. This online only auction is a CASH SALE not contingent on or subject to financing, appraisal, survey or inspections of any kind, as agreed to by bidders at registration prior to bidding and specified in the Contract for Sale of Real Estate
Please do you own due diligence before bidding. By placing a bid, buyer and all other bidders acknowledge all terms of the auction and agree not to retract the purchase offer and to fulfill the terms and conditions to the fullest. If a bidder cannot satisfy the terms of the auction, the bidder should not bid. If you are unsure about what you are bidding on, Do Not Bid!
Breco Benton Real Estate Auction | 706-342-3355 | www.brecobenton.com
GA RE 75054 GA AU-C003044 FL AU5285 FL BK 3543788 FL BK 3365093
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General Auction Info
Thoroughly read the auction information document and familiarize yourself with the properties offered and the auction terms and conditions. If you have questions about the terms, conditions or purchase agreement, contact our office and speak with one of the auction staff. Plan to inspect or drive-by each property in which you are interested. Establish a range of value for the property and bid within your limits. We do not recommend that you bid on a property that you have not seen. There is not an inspection period after the auction. The deposit listed in the terms is due upon being declared the winning bidder. The deposit is non-refundable. All information about the property has been provided by the seller or public records. All bidders must verify all information to their own satisfaction prior to bidding. Immediately upon completion of the auction, winning bidders will be required to execute an Auction Contract. Please be prepared to close the transaction within 30 days.
Terms & Conditions For Sale of Real Property: Each property is offered under the specific terms and conditions provided in the property information package. Please read and review the terms & conditions thoroughly prior to bidding on any property. If you have not read and reviewed the Terms & Conditions of Real Property, Do Not Bid.
Terms: At the close of the auction, successful bidders will be emailed a contract to be executed and returned to Breco Benton Auction, LLC. Successful bidders will deposit an earnest money deposit as stated in the terms of the auction for each property in the form of cashier’s check, personal or company check or wire transfer to Breco Benton Auction, LLC. 266 W. Washington St., Madison, GA 30650. For Wiring Instructions, please contact our office at 706-342-3355. Purchaser shall be responsible for all wire transfer fees. The entirety of the remaining balance is due at closing within 30 days from the sale date.
Contract Documents will be sent by e-mail to the successful bidder, who must execute and email back to Breco Benton Auction, LLC within 48 hours. 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.
Auction Bid Default: In the event a winning bidder fails to submit the signed “Contract for Sale of Real Property” and the earnest money deposit as provided in the pre-stipulated Auction Terms, the winning bidder will be charged a penalty fee of $3,000.00 on the credit card provided at auction registration. Additional default remedies are reserved by Breco Benton Auction, LLC and the Seller as provided in the Auction Terms & Conditions and the “Contract for Sale of Real Property”.
Bidder Verification: The identity of all bidders will be verified, bidding rights are provisional, and if complete verification is not possible, L.W. Benton Company will reject the registration, and bidding activity will be terminated.
Agency Disclosure: In all transactions, Breco Benton Auction, LLC is acting as agent for the seller, not as buyer’s agent. This transaction is not contingent on the buyer obtaining financing or upon any other event except as specifically referred to in these terms and conditions.
Multiple tract sales
Individual purchases are to be considered as singular transactions not contingent on the sale of other properties or tracts. Breco Benton Auction, LLC reserves the right to offer the property in individual tracts or lots, combinations of tracts or lots, as a whole or in any way that we see fit in order for it to bring the most money for the seller. The sale of combinations supersedes the sale of individual tracts.
The decision of the auctioneer is final. Seller and Breco Benton Auction, LLC reserve the right to amend any terms or conditions prior to or during the auction.
Release
By its acceptance of the deed, buyer shall be deemed to release seller & Breco Benton Auction, LLC from any and all claims and liabilities relating to any defect, deficiency of other matter concerning the property including, without limitation, the quality, condition, quantity, or use of the property. Sellers & Breco Benton Auction, LLC give no warranties of any kind either expressed or implied, with respect to the condition, merchantability, use, size, configuration, design, or suitability of the property.
Legal courses of action
Bids are a binding offer to enter a contract and you are responsible for honoring them. Every legal remedy available will be used to ensure buyer's performance of this contract. Buyer accepts responsibility for and agrees for buyer and all of buyer's agents, representatives, successors and assigns to indemnify, defend and hold harmless sellers &Breco Benton Auction, LLC, their employees, governing body, officers, owners, affiliates, subsidiaries, directors, agents, and representatives from and against any and all claims, losses, damages, liabilities, judgments, fees, costs, and expenses including reasonable attorneys' fees and expenses related to, arising from, or associated with (I) the sale of the property, including, but not limited to, personal injuries or property damage incurred on the sale premises during inspections or during removal and transport of any item, (II) buyer's use of Breco Benton Auction LLC’s or L.W. Benton Company’s websites and (III) a dispute with another bidder.
Disclaimer: All information contained herein is believed to be correct to the best of the Breco Benton Auction, LLC knowledge. The information is being furnished to bidders for the bidder’s convenience and it is the responsibility of the bidder to determine that information contained herein is accurate and complete. Any reliance on the contents shall be solely at the recipient’s risk. Each bidder must conduct and rely solely upon their own investigation and inspection. The property is being sold “AS IS” with any and all faults. By Georgia Law, all properties are sold with reserve/subject to owner confirmation unless advertised Absolute. The auction reserves the right to place bids on behalf of absentee bidders, phone bidders and/or the seller on any properties being sold with reserve/subject to owner confirmation. Please review all information supplied and seek appropriate assistance prior to bidding.
Note: Under Title X, the purchaser of a single family residence built before 1978 has a maximum of 10 days to inspect the property for the presence of lead-based paint. Due to the nature of how an auction works, having a 10 day post inspection period is not feasible. By registering to bid and confirming the terms & conditions online, bidders agree that they have or will inspect the properties 10 days PRIOR to the Auction if desired and further agree to waive the 10 day post sale inspection period. Any announcements made from the auction stand or announcements posted to the auction take precedence over all other prior announcements either announced, published, posted, verbal, or communicated in any form.
Breco Benton Real Estate Auction | 706-342-3355 | www.brecobenton.com
GA RE 75054 GA AU-C003044 FL AU5285 FL BK 3543788 FL BK 3365093