0 Duncan Fork Rd, Kermit, WV 25674

Auction Thursday Sept. 2nd starts closing @ 7:00 PM Online Only

***AUCTION***Price of $20,800 Reflects the County Appraised Value ONLY Not the Reserve or List Price. This property is being sold at auction, do not make offers to purchase prior to the sale based on this amount.***. 121 Acre Mingo County Land Auction Real Estate with Timber Location: (Block Hollow) Duncan Fork Rd Kermit, WV 25674 GPS Coordinates 37.8705, -82.3493 Date: Bidding is open & starts closing Thursday, September 2nd @ 7:00P.M. NO RESERVE! Selling to the Highest Bidder! 121.65+/- Acres, Harvestable Timber, Oil - Gas and Coal Rights do not transfer, Mingo County, Cemetery on Property, Stream, Recreational Property, Wooded This is the last property on a dead-end Road. It offers lots of privacy. Watch for signs Potential buyers can preview this property at their convenience. Legal Description: District 5 Map 202 Parcel 7 - 83.65 A FEE LFT FRK M BONE CR & Parcel 8 - 38 A FEE BARK CAMP BR M BONE CR Kaufman Realty & Auctions of WV          399 W. Main St. Bridgeport, WV 26330 David Anthony Kaufman, Broker License #WV0030037 Andrew Yoder Jr. - Auctioneer/Agent License #WV0028890 Auc. Lic #2086 Wayne Yoder - Auctioneer/Agent License #WV0029880 Auc. Lic. #2161 Terms: 10% nonrefundable down payment due within 48 hours of the close of the Auction. No financing or other contingencies. Any required inspections must be completed prior to bidding. All information contained herein derived from sources deemed reliable but not warranted. Sold as is no warranties written or implied. Property will be sold free and clear of any & all liens and encumbrances. Taxes will be prorated to the day of closing. 45 days to close. 10% buyer's premium will be added to determine the final contract price. Boundary Lines, square footage, and other dimensions are approximate. Acreage Based on Tax Information. Successful bidder will be emailed a contract to be executed and returned to Kaufman Realty & Auctions of WV. Successful bidders will deposit 5% of the Contract price in the form of cashier's check or wire transfer to Kaufman Realty & Auctions of WV. The entirety of the remaining balance is due at closing or within 45 days. Instructions for wire transfer and /or cashier's check transmittal will be sent by e-mail to the successful bidder. Purchaser shall be responsible for wire transfer fees. Contract Documents will be sent by e-mail to the successful bidder must execute and fax or email back to Kaufman Auctions within 48 hours of the end of the auction. 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. At the close of bidding. The system is set to add a 5-minute extension when a bid is placed within the last 5 minutes and will do so until no one bids during the allotted time. Buyer's Premium Example: Bid Price: $100,000 Plus 10% Buyers Premium: $10,000 Total Contract Price: $110,000 Down Payment $11,000 DISCLOSURE: Kaufman Realty & Auctions of WV is acting as Auctioneer/agent and is an agent for the seller only. DISCLAIMER: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives, and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. BUYER/BROKER INFORMATION: Up to 1% Commission will be paid to any properly licensed buyer's broker who registers a successful buyer according to the Broker Participation Guidelines. Broker registration forms are available. Call for Broker Registration Form or print it from the documents tab for that specific Auction. Must be registered & Approved 24 hours prior to Auction. Brokers/Agents are not entitled to a commission if they are the purchaser.