Lumpkin, GA 31815(Stewart County)

AUCTION PROCESS:The conduct of the auction and increments of bidding are at the direction of the Auctioneer. The auctioneer shall offer the property to the highest bidder, regardless of the price. The successful purchaser will be asked to sign the Sellers real estate purchase agreement on sale day and make an earnest money deposit equal to fifteen percent (15%) of the contract price. All properties will be sold subject to Sellers confirmation within ninety-six (96) hours. Any and all announcements made from the auction podium take precedence over any prior oral statements or written material except for the fully executed purchase agreement and subsequent closing documents.

BUYERS PREMIUM: A properties sold at auction will be sold with a ten percent (10%) buyers premium fee. The bid amount plus the buyers premium will amount to the final purchase price. For example: A high bid of $100,000.00 plus the $10,000.00 buyers premium (10%) equates to a final purchase price of $110,000.00.

BROKER PARTICIPATION:Any licensed real estate broker is eligible to earn a commission equal to two percent (2%) of the final bid price by bringing the successful high bidder, provided their clients have been registered with the auctioneer and the below listed conditions are met in full at closing the undersigned broker will collect a commission equal to 2% of the final bid price for purchases made by the undersigned buyer.

1. Broker must be licensed in the state of the subject auction property.

2. Broker /Agent registers by 5:00 P.M. E.S.T. the day prior to auction day.

3. Broker/Agent shows the property to client prior to the Auction.

4. Broker/Agents client is the high bidder.

5. Broker/Agent is not acting as a principal in this transaction.

6. The Brokers client closes the transaction in full in terms under the contract.

CONTRACT / PAYMENT: The successfully purchaser will be asked to sign the Sellers real estate purchase agreement on sale day and make an earnest money deposit equal to fifteen percent (15%) of the contract price. The balance is to be paid in certified funds at closing with no owner financing available.

SURVEY: If the property sells divided, all property must be surveyed prior to closing by a licensed and registered Surveyor within the state of the subject property. The Purchaser will pay the cost of the survey. The number of acres surveyed times the contract price per acre shall determine the final or actual purchase price to be paid at closing. Barfield Auctions, Inc., will have the final approval of the selected surveyor.

AGENCY DISCLOSURE: In this transaction Barfield Auctions, Inc. is acting as agent for Seller not as Buyers agent, but does not have authority to make representations on behalf of the seller with respect to any matter.

CLOSING: The purchase contract provides for the sale to close within thirty (30) days after the date of the auction at which time the purchaser will pay the balance of the purchase price. Purchaser will pay real estate transfer tax, with the purchaser paying all other closing costs.

PROPERTY SIZE AND DIMENSIONS: All acreages and property line dimensions displayed are subject to change. They have been calculated for auction purposes only and are approximate and may be general in nature and are being sold subject to final survey. They are not guaranteed by the seller or Barfield Auctions, Inc.