Spacious 3 Bedroom 2 Bath home, 11.33 Acres +/-, 30x40 shop, 20x24 and 8x10 storage buildings. Would be a great location for hunting club. Property has fences and gated areas for secure storage. Excellent deer hunting and only 1/4 mile from great waterfowl hunting at Cache River. Property is only 25 minutes from Newport and 40 minutes from Searcy. Property viewing available upon request.
Any competent adult with a satisfactory photo identification who properly registers and complies with the Terms of Auction may bid. Bidder must present a $5,000.00 cashier's check to Auctioneer at the close of auction. There will be a 10% buyers premium added to the final bid to equal the contract sales price. Closing within 45 days. This contract will not be contingent upon the buyer's ability to obtain financing. If buyer is unable to obtain financing or otherwise defaults, he or she will forfeit their earnest money. Property sells 'as is' where is without any warranties expressed or implied. If the high bidder does not submit the down payment and sign the contract by 6:00 pm following the day of auction, the seller will not be obligated to sell the property to the high bidder and may immediately enter into a contract with another buyer. Defaulting Buyer will still be responsible for down payment.
Seller has right to terminate auction early.
The winner is determined by the ability to close on the property. Being the high bidder does not guarantee the sale of the property.