Tucker Online Only Mineral Right Auction
On-Line Only
Begins:
07/17/2024 12:00 am
Ends:
08/16/2024 1:00 pm
View Sale Bill
Bid Online
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AUCTION PREVIEW
For more information call or text Auction Manager, Buck Hutchens, at 580-273-3202 or email buck@smithcoauctions.com or Ira Smith at 580-334-6001 or email ira@smithcoauctions.com.
AUCTION DESCRIPTION
This Online Auction will begin to conclude Friday, August 16th beginning at 1 p.m. CST.
There will be a 2 minute soft close on each lot. A soft close prevents individuals from entering a bid at the very last second before an auction closes with the intent to prevent others from bidding higher. This means that if a bidder enters a bid within two minutes of the lot’s initial closing time, a two-minute extension will be added on. The lot will not close until bidding is static for two minutes.
TIE BIDS: In the event there is a tie ‘Max Bid’, the item will be awarded to who placed the bid first.
Please note, there is NOT a Buyer’s Premium Fee on any real estate purchases made. 0% is added to the hammer price.
Buyer will be required to place 10% of the purchase price in escrow on sale day, with balance due upon proof of marketable title. On-line Buyer’s will be required to wire-transfer 10% of the purchase price to place in escrow on sale day.
SELLER
The Estate of Linda Riley Tucker
Documents:
3-19N-17W_SW.pdf7-19N-16W_NW.pdf3-19n-17w_production-info.pdfSample-Mineral-Deed.pdf
Buyers attending this auction will be required to provide a valid photo ID. By registering, bidder agrees to all terms and conditions as set forth by Smith & Company Auction & Realty, Inc. Buyer will be required to sign contract and place 10% of the purchase price in escrow on sale day, with balance due upon proof of marketable title. Seller will provide a current abstract and warranty deed. Taxes will be prorated to the day of closing. Possession upon closing. Property is selling in its present condition with no warranties expressed or implied. All information given comes from resources we believe to be reliable but in no way is guaranteed. Announcements made sale day supersede all prior advertising. Buyers should arrange financing and satisfy themselves with size, location, boundaries, etc. prior to sale day. Sellers are reserving all oil, gas, and other mineral rights. Online Bidders may bid via our website at smithcoauctions.com. Smith & Company Auction & Realty, Inc. is not responsible for any errors in bids, omissions of bids, or failure to execute bids and shall have no liability to any bidder for any technical or other failure associated with the internet. On-line Buyer’s will be required to wire-transfer 10% of the purchase price to place in escrow on sale day. ON-LINE REGISTRATION MUST BE COMPLETE AT LEAST 24 HOURS PRIOR TO SALE DAY.
Buyers attending this auction will be required to provide a valid photo ID. By registering, bidder agrees to all terms and conditions as set forth by Smith & Company Auction & Realty, Inc. Buyer will be required to sign contract and place 10% of the purchase price in escrow on sale day, with balance due within 30 days of sale. Seller guarantees marketable title. Buyer will receive a mineral deed only, no abstract. Buyers should arrange financing and satisfy themselves as to actual record title prior to sale day. All information given comes from resources we believe to be reliable but in no way is guaranteed.
Announcements made sale day supersede all advertisements. Online Bidders may bid via our website at smithcoauctions.com. Smith & Company Auction & Realty, Inc. is not responsible for any errors in bids, omissions of bids, or failure to execute bids and shall have no liability to any bidder for any technical or other failure associated with the internet. On-line Buyer’s will be required to wire-transfer 10% of the purchase price to place in escrow on sale day. ON-LINE REGISTRATION MUST BE COMPLETE AT LEAST 24 HOURS PRIOR TO SALE DAY.
