Terms & Conditions
Contract for Sale of Real Property: Each property is offered under the specific terms provided in
the contract. The Contract for Sale of Real Property is available at www.rowellauctions.com.
Please read and review the contract thoroughly prior to bidding on any property. If you have not
read and reviewed the Contract for Sale of Real Property, Do Not Bid!
This property is offered in 4 tracts.
Each tract is offered individually, high bidders choice, in combination with other tracts and the property
in its entirety. The configuration that produces the best offer to the seller will determine how the proper
ty sells.
This property sells subject to owner confirmation. Please refer to the Contract for Sale of Real Property
for complete terms.
Rowell Auctions, Inc. has the sole authority to resolve any bidding disputes as they may
arise.
Auction End Times: All Rowell Auctions, Inc. Online Real Estate Auctions are timed events
and subject to extended bidding due to bidding activity. Rowell Auctions, Inc. reserves the
right to adjust the auto extension time period.
Example: Rowell Auctions, Inc. Online Only Real Estate Auctions have a “Dynamic Close” auto
extend feature. A bid placed within 5 minutes of the advertised auction end time will automatically
extend the auction and reset the timing remaining in the auction to 5 minutes remaining. Example:
If an auction scheduled to end at 4:00 p.m. receives a bid at 3:59 p.m., the “Dynamic Close” auction
extension is activated, and the close time of the auction automatically extends to 4:04 p.m. The
“Dynamic Close” auto-extend feature remains active until no further bids are received on any of the
properties in the entire bidding group of properties within the auto extend time frame at which time
the auction will close.
Bidder Verification: The identity of all bidders will be verified, bidding privileges are provisional,
and if complete verification is not possible, Rowell Auctions, Inc. reserves the right reject the regis
tration, and bidding activity is subject to termination.
Terms: At the close of the auction, successful bidders will be emailed the contract package to exe
cute and return to Rowell Auctions, Inc. Successful bidders will deposit 15% of contract price in the
form of cashier's check or bank wire transfer with Rowell Auctions within 24 hours of receipt of the
contract package. The entirety of the remaining balance is due at closing as stipulated in the
“Contract for Sale of Real Property”. Purchaser shall be responsible for all wire transfer fees.
Buyer's Premium: A 10% Buyer’s Premium will be added to the bid price on all properties to de
termine the final contract price.
10% Buyer's Premium Example:
Bid Price: $100,000.00
Plus 10% Buyer's Premium: $10,000.00
Total Contract Price: $110,000.00
1,368± Acres | Along The Flint River
