Farmerville & Linville Louisiana Land Auctions
Multiparcel Timber, Oil & Gas Interest, & Hunting Land Auction in Union Parish
The Union Parish Auction will be held Nov. 8th 10 am at the D’Arbonne Country Club in Farmerville, LA.
Auction 1 Union Parish
Tract 34- 160+/- acres in Union Parish near Farmerville, LA. Located in Section 34 T20N R1E. Access is by Johnny Chevalier Road. It is mostly cutover with 29 acres of replanted 11 year old pine. No Oil and Gas minerals will convey. There are 2 pipelines crossing the property and there is a year to year hunting lease in place at $500 per year. Deer & turkey are native to this tract. There is available. Also there is a proposed high line that would cross the property, which would be a considerable income boost to the new owners.
Tract 20- 54+/- acres in Union Parish near Lineville, LA. Located in Section 36, T22N, R2E. Access is by Dufee Lankford Road in Lineville, LA off of HWY 33. It is mostly pine. There is an easement on 11 acres. Deer & Turkey are on the property. No Oil and Gas minerals will convey. It has very good road frontage access with power nearby.
Tract 9, 10, 21, 29- 172+/- acres in Union Parish located & accessed by Don Love Road near Linville, LA. Located in Sections 1, 6, T21N, R2E, R3E. It is mostly 18 year old replanted pine. Deer & Turkey are on the property. No minerals will convey. The property will be offered with or without the 7 gas wells on the property.
REAL ESTATE TERMS & CONDITIONS
REGISTRATION: All bidders must provide a bank letter of guarantee or a pre-approval letter from a finance company in order to register.
BUYERS PREMIUM: 10% will be added to the final bid price, to be included in the total purchase price. For example, if the property sells for $100,000.00, then the total sales price would be $110,000.00.
DEPOSIT: 10% down day of auction. Balance due at closing on or before 45 days. Guaranteed good title. For example if the property sells for a total sales price of $110,000.00 including buyer’s premium, then a deposit of $11,000.00 would be put down the day of the auction.
If you are planning on bidding online or over the phone below is the required deposits for each tract.
Tract 34- $32,000
Tract 20- $10,800
Tract 9, 10, 21, 29- $34,400
FINANCING: Purchasers to obtain their own financing. Purchase Agreements are not subject to financing or qualification. All bidders are encouraged to pre-qualify.
DISCLAIMER: All property to be sold “as is, where is”, with any and all faults and no implied warranties by Seller or Auctioneer. Please feel free to have an inspector or contractor look at the property with you. All information and dimensions were derived from sources believed correct but are not guaranteed. Buyers shall rely on their own information, judgment, and inspection of the property and records, including, but not limited to, all documents recorded in the county or parish where the property is located. All announcements from the auction block will take precedence over any previously printed material or any other oral statements made. Properties not sold absolute will be offered subject to seller’s confirmation within 2 business days. LA Lic#818
TAXES: Taxes will be pro-rated.