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HAVE YOU
SOLD PROPERTY VIA AUCTION?
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I'd never ask a prospective client
to do something I wouldn't do:
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April, 2010: Completed clear-cut of 90-acre timber
stand in Bogue Chitto, MS, a property I'd owned for decades.
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Sought ABSOLUTE (i.e. sells regardless of price) auction of
raw land. Why?
I knew I had no desire
whatsoever to continue owning property, and I knew an
ABSOLUTE auction attains the highest results (high bidder
KNOWS he'll own property upon auction's conculsion!!).
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Auction held
June 23, 2010 (a mere
62 days after the last tree was cut!!).
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Result?
fifteen (15)
registered bidders. Final bid =
$1,225/acre
($1,347.50/acre with buyer's premium). Close date:
July 15, 2010 (a mere 84 days after
last tree was cut!!).
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These results testify to auction's effectiveness, efficiency, and
ability to derive the maximum price the market will bear
through intense, competitive bidding in a timeframe that
traditional sales methods simply can't match.
Promotion of
the auction is outlined below. After looking it over, feel
free to
CLICK
HERE
to see how I first entered the real estate auction business in
July of 2001 after auctioning my home in Walden subdivision in
Baton Rouge.
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ABSOLUTE AUCTION!!
SELLS REGARDLESS OF PRICE!!
WEDNESDAY, JUNE 23,
2010 @
10:00 a.m.
(Registration begins @ 9:00 a.m.)
Auction
Location:
Day's Inn Hotel located
at 2298 Delaware Ave Ext.,
McComb, MS, 39648-6336. Directions: From I-55,
take
Delaware Ave. Exit (#17) West about 600-700 feet to hotel
on right.
CLICK HERE for Map to Hotel Location
Property
Description: 90 +/- acres land off Rolling Meadow Lane
in Bogue Chitto,
MS. Previously deployed as pine timber stand with excellent
deer hunting for hunters and outdoorsmen.
Clear-cut
in March & April was
EXCEPTIONALLY clean, with trees
cut VERY low to the ground, allowing for easy replant
(see photos below).
Legal
Description: W 1/2 of SE 1/4, SW 1/4 of NE 1/4 of
SE 1/4, Section 3,
Township 5 North, Range 8 East, Lincoln County, MS.
2009 Property Taxes:
$296.56
Terms:
10% buyer's premium, "as is, where is," 10% down auction day, 30-day
close.
Inspection:
Drive by.
(click on
any photo to enlarge)
Directions:
From I-55, take Bogue Chitto / Norfield
Exit (#30), East 5.4 miles
to RIGHT on Rolling Meadow
0.5 mile to LEFT
on dirt road
 .
Property approximately 500' feet ahead.
Click Here for Map Depicting Property.
Property Photos
(click on
any photo to enlarge)
 
OPEN FIELD PHOTOS
OPEN FIELD PHOTOS
OPEN FIELD PHOTOS
CLOSE-UP PHOTOS OF STUMPS TO
Deer Stand
ILLUSTRATE HOW LOW CLEAR-CUT
Adjacent to
WAS CONDUCTED, THUS MAKING FOR
Property
EASY REPLANT
Dirt Road Entrace
Dirt Road Entrance
Dirt Road About Mid-
Dirt Road Leading to
Side-View w/ Sign Way
to Property Entrance to Properrty
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to be added to our AUCTION PROPERTY ALERT E-mail List,
CLICK
HERE
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