SATURDAY, OCTOBER 3RD – 10:00AM
THE L. ROGERS WELLS, JR. ESTATE
Barren County, Kentucky…a past recipient of “The Best Place to Live in Rural America” as selected by a national publication and we think you’ll agree upon your inspection of this magnificent property. Millions upon millions of dollars can be spent across the country either in search of or building your own “sanctuary” like this. But dollar for dollar, no other will provide more pleasure and amenities as this one, come and see!
A 7% BUYER’S PREMIUM WILL BE ADDED TO THE LAST BID
TO DETERMINE CONTRACT PRICE OF REAL ESTATE & TIMBER
(1) Ten percent (10%) down day of sale with execution of the purchase agreement (Bank references may be required prior to auction for bidding approval. Please call for details). Balance due on or before November 13th, 2020. (2) Possession of the property shall be given with deed. (3) 2020 taxes shall be prorated. (4) All property being sold “as is”. Complete inspection of all property is encouraged prior to bidding. All sales are final and are not contingent on purchaser being able to secure financing during the contract period. (5) Announcements made day of sale take precedence over all prior advertising. All information gathered for this advertising is from reliable sources and is deemed correct, however it is not guaranteed. Purchasers should avail themselves of the opportunity to make necessary personal inspection. (6) TIMBER RIGHTS (TRACTS 6-T, 7-T, 8-T, 9-T, 10-T & 11-T) WILL BE OFFERED SEPARATELY FROM THE LAND OR IN COMBINATION WITH THEIR RESPECTIVE PARENT TRACTS. 18-MONTH REMOVAL RIGHT, 14″ STANDARD-CUT TIMBER RIGHTS AND/ OR RESPONSIBILITES. 25 % DEPOSIT (NON-REFUNDABLE) TO BE PAID DAY OF AUCTION OR CAN PAY IN FULL DAY OF AUCTION. BALANCE DUE WITH TIMBER CONTRACT ON OR BEFORE NOVEMBER 13TH, 2020. POSSESSION WITH TIMBER CONTRACT.
SALE PROCEDURE FOR TIMBER TRACTS 6-T THRU 11-T
14″ Standard-Cut Timber Rights (18-Month Removal). A Recent Timber Inventory Has Estimated a Volume of 1,500,000± Board Feet on This Entire Farm. The Inventory Was Based on a 100% Measurement of All Trees 16″ or Greater In Diameter, However a 14″ Cut Will Be Allowed. The Timber Tracts 6-T, 7-T, 8-T, 9-T, 10-T & 11-T Will Be Offered as Individual Tracts and Will NOT be Allowed to be Combined With Any Other Tract Other Than Its Parent Tract (Example: Tract 6 & 6-T). A Combination of Tracts 6-T thru 11-T, Along With Their Respective Parent Tracts, Will Be Allowed. Inventory Information for Tract 6-T thru 11-T Are Available Online or by Request.