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Outstanding 249 +/- Acre Barbour County Farm with Oil & Gas Rights
Listing ID#: 622424
Sale Location |
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Volga, WV 26238 |
Sale Dates and Times |
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Bidding Ends: Tuesday Oct 3 |
Sale Type |
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Company Information |
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Kaufman Realty & Auctions of WV Contact: Kaufman Realty & Auctions of WV Phone: 3049311023 Email: Andrew@kaufmanrealty.com Website: www.kaufmanauctionswv.com EstateSale.com ID#: 7277 View company information and listings |
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Listing Terms and Conditions |
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10% nonrefundable down payment due within 48 hours of the close of the Auction. The sale is not contingent upon buyer securing financing and/or any 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 from the date of Court approval. 10% buyer’s premium will be added to determine the final contract price.
This Farm Sells Subject to Court Approval regardless of price. ATTENTION ALL BUYERS/ BIDDERS. The Estate and Kaufman Realty have been made aware of a calculated acreage discrepancy. We are selling this based on the legal description which states the owner was paying taxes on 249 +/- Acres Surface. According to the available digital mapping software it shows 202+/- Acres Surface. This being said, If buyer chooses to survey the property (at His/ Her cost) and it is more than described or less than described that it what the buyer owns. Selling based on Tax Info and NO Contingencies. District 10 Map 19 Parcel 19 & 20 will transfer via Special Warranty Deed - All owners interests of Oil & Gas Rights Transfer. Additional District 10 Map 9999 Parcel 10.2000 - 55 MIN, 1/2 OG, B RIVER EAE-MCVICKER#1-18, #1-19 615/198,614/202 Will transfer via Quit Claim Deed All Property is being sold based on Tax Info / Tax Maps. Please note that approval is required to bid on this auction. Bidder approval closes one hour prior to the scheduled soft close time. Example…soft close of 7 PM, bidder approval closes at 6 PM. WE STRONGLY SUGGEST YOU COMPLETE THE REQUIREMENTS AND REQUEST APPROVAL 24 HOURS PRIOR TO THE SCHEDULED SOFT CLOSE. Kaufman Realty & Auctions is not responsible for anyone who does not meet the approval time or requirements to bid. Failure to register until the last minute could result in not being approved. Successful bidder will be emailed a contract to be executed and returned to Kaufman Realty & Auctions of Wv. Successful bidders will deposit 10% 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. Property lines on our maps are approximate. Not a survey. 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 will reset to 5 minutes when a bid is placed within the last 5 minutes and will do so until no one bids during the allotted time. Buyers Premium Example: Bid Price: $100,000 Plus 10% Buyers Premium: $10,000 Total Contract Price: $110,000 Down Payment $11,000 Bid Increments $1-$50,000= $1,000 $50,000-$100,000= $2,500 >$100,000= $5,000 In a reserve auction, if a bidder's max bid is below the reserve, the system bids on behalf of the seller up to the reserve. Kaufman Realty & Auctions is not responsible for any computer malfunctions during the Auction. Please note all internet connections differ in their rate of speed. Your ability to bid in waning seconds of a timer may be adversely affected by your connection. WE STRONGLY SUGGEST THAT YOU DO NOT WAIT TO PLACE BIDS UNTIL THE LAST 15 SECONDS AS A SLOW CONNECTION MAY CAUSE YOUR BID NOT TO BE PLACED. 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. All square footage and other dimensions are approximate. 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. |
Listing Information |
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Outstanding 249 +/- Acre Barbour County Farm with Oil & Gas Rights Location: 1589 Carrolton Rd Volga, WV 26238 GPS Coordinates 39.068125, -80.071429 Date: Bidding is open & begins ending Tuesday, October 3rd at 7:00 P.M. Preview: Monday, September 25th from 2:00 - 5:00 P.M. Online Only Bidding 249 +/- Acres | Barns | Outbuildings | Older Home Needs Work | Open & Wooded | Harvestable Timber (Reports in Documents) | Hay Fields | All Owners Interest of Oil & Gas Rights Transfer | Stream on Farm | Road Frontage | Private Setting | Well Water | No Zoning or Restrictions | Lots of Wildlife This Farm Sells Subject to Court Approval regardless of price. Prime Barbour County Farm Auction - 249 +/- Acres with Oil & Gas Rights! Discover an exceptional opportunity to own a sprawling 249-acre farm in Barbour County, boasting a mix of open fields, wooded areas, and valuable harvestable timber. This captivating property features an older home with renovation potential, barns, outbuildings, and a serene stream, providing the perfect canvas for both agricultural endeavors and outdoor adventures. This is a unique rural haven that promises both natural beauty and investment potential. Legal Description: District 10 Map 19 Parcels 19 & 20 Parcel 19 -140 SUR,141 OG 1/5 INT, COTTRILLS RUN, M ROSS-612,613 EAE-616, Parcel 20- 109 SUR OG, COTTRILLS RUN EAE-MCVICKER#17/API 201 BOG-MCVICKER#1-16-610/API 199, Oil & gas Rights Owned by Braxton Oil & Gas (304) 472-4289 as well as Grey Lock Production (304) 925-6100. Royalties approx. $200 per year Additional District 10 Map 9999 Parcel 10.2000 - 55 MIN, 1/2 OG, B RIVER EAE-MCVICKER#1-18, #1-19 615/198,614/202 2022 Taxes were $265 ATTENTION ALL BUYERS/ BIDDERS.
The Estate and Kaufman Realty have been made aware of a calculated acreage discrepancy. We are selling this based on the legal description which states the owner was paying taxes on 249 +/- Acres Surface. According to the available digital mapping software it shows 202+/- Acres Surface. This being said, If buyer chooses to survey the property (at His/ Her cost) and it is more than described or less than described that it what the buyer owns. Selling based on Tax Info and NO Contingencies. District 10 Map 19 Parcel 19 & 20 will transfer via Special Warranty Deed - All owners interests of Oil & Gas Rights Transfer. Additional District 10 Map 9999 Parcel 10.2000 - 55 MIN, 1/2 OG, B RIVER EAE-MCVICKER#1-18, #1-19 615/198,614/202 Will transfer via Quit Claim Deed All Property is being sold based on Tax Info / Tax Maps.
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. Kaufman Realty & Auctions of WV 399 W. Main St. David Anthony Kaufman, Broker Cell# 304-931-1185 Cell# 304-931-1285 |
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