TERMS AND CONDITIONS
The Terms and Conditions apply to all properties offered in this auction. All Bidders must read these terms before bidding on the auction. By bidding in the auction, you are acknowledging that you have read and agree to these terms and conditions and are responsible for closing on the property if you are the winning bidder. All winning bidders will be required to sign a real estate auction contract. The winning bidder will mail 20% of the purchase price as earnest money at the conclusion of the auction and will owe the remaining balance at closing within 30 days.

Bidder Verification
All bidders credit cards will be verified. South Auction reserves the right to ask any registered bidder for a bank letter of credit prior to or during the bidding period. The bidders account may be suspended or revoked if the bank letter of credit is not received. South Auction may ask for a bank letter of credit on a per bidder and/or per property basis. South Auction reserves the right to suspend bidding privileges for any or no reason either  before, during, or after the auction with no notice to bidder. South Auction reserves the right to refuse service to any person.

Due Diligence
All property is being sold AS-IS, WHERE-IS, and with all faults and is selling subject to easements, leases, restrictions, covenants, conditions, zoning, and all other matters revealed by a current survey, inspection of the property, or contained in public records. ALL SALES ARE FINAL.

Inspection of Property
It is the bidder’s responsibility to determine if the information contained herein is accurate. Property is open to thorough public inspection and we highly encourage an inspection of the property prior to bidding. Contact South Auction before inspecting the property. Bidder must conduct and rely on their own inspection and investigation to determine condition of property. All inspections are at your own risk. All properties as selling subject to seller confirmation.
Open House
Sunday, Oct. 11th / 2-5pm
Saturday, Oct. 17th / 8am - 5pm
Please call Derry Bennett for an appointment time on the open house days. 229-561-0480

Buyer’s Premium
A 10% buyer’s premium will be added to the high bid to arrive at the contract price.

Agency
South Auction strictly represents the seller and can bid on the seller’s behalf. Seller has the right to accept    or decline any high bid. High bidder will be notified within 48 hours if their bid is accepted.

Earnest Money
A signed real estate auction contract and the earnest money must be mailed to auction company within 24 hours of the auction closing. Mail to:
South Auction 338 East Main Street
Swainsboro, GA 30401

South Auction shall have the permission and authority to charge the winning bidder’s credit card up to $5000.00 on a specific property at the conclusion of the auction This charge will be credited back to the high bidder’scredit card once their earnest money is received. This charge will not be refunded if the high bidder does not close on the property and/or if the earnest money is not collected. South Auction will not be able to access or view any personal information and /or credit card information of any registered bidder. All transactions are handled through a third-party processor.
 
Auction End Time
This auction has an extended bidding feature. If a bid is placed on any property within the last 5 minutes of the auction, that will trigger the extended bidding feature on all properties. The bidding on all properties will remain open until the bidding is quiet for 5 minutes on all properties.

Closing
All closing costs are paid by the successful winning bidder.
All real estate transactions will close on or before: Dec.4th, 2020 Attorney for closing: John Dalton, Coleman Tally LLP, Valdosta, GA

Survey
If tracts 3 and 4 sell divided the buyer of tract 4 will be required to pay for a survey. Greg Carter of Carter Surveying, Willacoochee, GA, has agreed to complete this survey for $1,000. The purchase price of tract 3 and 4 will be adjusted up or down based on the final survey.

Broker Participation
2% of South Auction commission is available to registered brokers, if approved. South Auction will not pay a commission to a broker who is representing themselves or an immediate family member.
Broker registration form is available by emailing a request to: rusty@southauctiongroup.com.

Internet/Technical Issues
Any personal internet connection failures during the auction are the responsibility of the bidder. The auction will continue as normal and the item will be sold. South Auction shall not be held responsible for any “missed” bids or bids unseen by the auctioneer. Bids are received immediately when they are entered by the bidder.

Additional Terms
1)    Property is being sold on an “as-is, where-is” basis, with no representations or warranties of any kind, expressed or implied.
2)    Property is open to public inspection and it is the bidders’ responsibility to determine condition.
3)    South Auction, nor the seller, guarantees that each auction sign is accurately placed on the property being sold.
4)    All acreage reference in brochure, signs and online are estimated acres.
5)    No personal property is included with any property, unless specifically stated.
6)    South Auction makes no guarantee that any of the properties are suitable for septic tanks or wells or that any property has water or a septic tank available.
7)    Properties will transfer to high bidder via warranty deed.
8)    South Auction and winning bidder agree that any dispute arising under the terms and conditions of this sales contract or auction agreement shall be heard in the Superior Courts of Emanuel County, Georgia.
Special Note: Tract 1 is in an easement with the Wetlands Reserve Program through the United States Department of Agriculture. The buyer of this tract is obligated to agree to and continue this easement upon purchase.
Any questions should be directed to:
Rusty Lane: 478-455-1861
Brent Stephens 706-442-5513

Big Bay Retreat - Berrien County, GA

3605 Ten Mile Bay, Nashville, GA

CLICK HERE for property information packet

CLICK HERE for broker participation form

CLICK HERE for important info on the easement for Tract 1

BIDDING IS OPEN NOW!  Bidding Ends: Oct. 22nd at 12 pm with extended ending in place.

***COMBINATION BIDDING will open on the last day of bidding. Oct. 22 at 8am***

2,266+/- acres offered in four tracts. Bid on this property as a whole, in combinations, or individual tracts.

Tract 1: 1,924+/- acres

Tract 2: 85+/- acres

Tract 3: 236+/- acres w/ponds, bunk house, and metal storage barn

Tract 4: 21+/- acres

South Auction is excited to offer Big Bay Retreat. Located in central Berrien County, GA. Big Bay Retreat is a very unique unspoiled property. So unique that 1,924 acres of this property has been placed in an easement with the Wetlands Reserve Program through the United States Department of Agriculture. This easement ensures the perpetual natural state of a vast bay area that the locals call Ten Mile Bay.
342 acres of this property is excluded from the above mentioned easement and can be more freely managed. Another unique feature of this property is Ten Mile Creek. This beautiful black water creek meanders for over 1 mile through Big Bay Retreat offering amazing fishing and hunting opportunities.

INSPECTION DATES:
Sunday, October 11th • 2pm - 5pm
Saturday, October 17th • 8am - 5pm
Derry Bennett will be available for property tours. If you plan to visit us at the open house you MUST call in advance to schedule an appointment.

Derry Bennett
Auction Manager
229-561-0480