Ausley Bend Subdivision

Details

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Ausley Bend Subdivision (Hartselle, Alabama)

Saturday June 7th, 2008 at 10:00 AM CST

PROPERTY HIGHLIGHTS:

· 40 Premier Residential Lots - 4 Lots Pending Sale with 36 Remaining!

· 6 Lots Selling Absolute!

· 91.77 acres in 4 Large Residential Development Tracts ranging from 6.63 acres to 44.10 acres

· 2 Houses Located in Ausley Bend Subdivision on M.G. Sivley Way

· 1 Residential Lot of approximately 2 acres located on Ausley Bend Road (Part of Subdivision)

· 1 house adjacent to Ausley Bend Subdivision located on Ausley Bend Road (Not part of Subdivision)

· One of Hartselle's Premier Subdivisions

· Located in Hartselle City School District

• Ideal for Home Builders and Residential Developers

• Lots ready for families wanting to build their dream home

• Beautiful and Attractive Architecture

• Long-term Development Potential

• Excellent Building Tracts

DIRECTIONS:

From Decatur: At intersection of Hwy 67 and Hwy 31, go south on Hwy 31 for 5.8 miles. Turn right on Ausley Bend Road and go .6 miles to subdivision on right. Watch for Amerisouth Auction Signs!

From Hartselle: At intersection of Hwy 36 and Hwy 31, go north on Hwy 31 for 2.8 miles. Turn left on Ausley Bend Road and go .6 miles to subdivision on right. Watch for Amerisouth Auction Signs!

AUCTION SITE:

The auction will be conducted on site. Registration will begin at 9:00 A.M and the auction will start at 10:00 A.M.

CONTACT INFORMATION:

For information or private showing please contact Michael Nance at 256.214.0531 or Bryan C. Knox at 256.898.5985 or contact the home office at 256.353.7525. There will be an open house on Saturday May 31, 2008 from 10:00 AM to 2:00 PM.

Auction Manager:

Bryan C. Knox: bknox@amerisouthauctions.com Office 256.353.7525 Cell 256.898.5985

Auction Terms

Bidding:

All bidding is open to the public. Everyone must register for a bidder number. Bidder registration will begin one hour prior to auction. Down Payment accepted in the form of cash, personal or business check, or certified funds. Auctioneer represents the Seller in all transactions.

Deposits:

At the conclusion of the auction, each Purchaser will make a down payment equal to 20% of the contract sales price. The sale is not contingent upon financing or any other contigencies. Upon acceptance by Sellers the deposit is non-refundable.

Closing:

Balance of purchase price due at closing by Sellers' appointed closing agent within 30 days after the auction. Seller will prepare a warranty deed. All other closing costs will be the Purchaser's expense. Taxes will be prorated from date of closing.

Conditions:

A 10% Buyer's Premium will be added to the final bid price and included in the total purchase price. All property to be sold "As Is, Where Is", with any and all faults and no implied warranties by Seller or Auctioneer. All information and dimensions were derived from sources believed correct but are not guaranteed. Buyers shall rely on their own information, judgment and inspection the property and records and documents. All announcements from the auction block will take precedence over any previously printed material or any other oral statements made. Conduct of the auction and increments of bidding are at the direction of the Auctioneer. The selling price of each property shall be determined by competitive bidding at the auction. Survey fees on tracts are the responsibility of the Purchaser.

Survey Fees:

Survey fees are the responsibility of the purchaser and are due on auction day.

Pre-Auction Sale:

Property is subject to be sold before auction.

Directions/Map

From Decatur: At intersection of Hwy 67 and Hwy 31, go south on Hwy 31 for 5.8 miles. Turn right on Ausley Bend Road and go .6 miles to subdivision on right.

From Hartselle: At intersection of Hwy 36 and Hwy 31, go north on Hwy 31 for 2.8 miles. Turn left on Ausley Bend Road and go .6miles to subdivision on right.

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