345 Spotted Bass Road, Watson, OK

DIRECTIONS:  6.5 Miles East of Smithville, OK on Hwy 4, OR 8.5 Miles West of Cove, AR on Hwy 4 to WATSON, OK – Then SE 2.75 Miles on Whitefish Road Then .3 Mile South on Spotted Bass Road to Auction Property. AUCTION SIGNS POSTED!

Online Only Auction!
BANK ORDERED FARM AUCTION

48+ Acres! Home! 2 Poultry Houses! Barn!
345 Spotted Bass Road, Watson, OK

DIRECTIONS:  6.5 Miles East of Smithville, OK on Hwy 4, OR 8.5 Miles West of Cove, AR on Hwy 4 to WATSON, OK – Then SE 2.75 Miles on Whitefish Road Then .3 Mile South on Spotted Bass Road to Auction Property. AUCTION SIGNS POSTED!

BID ONLINE NOW AT:  JBRauctions.com

Auction Closes Starting at

7:00 PM, Monday, February 1st, 2021

PROPERTY DESCRIPTION:
Land:  48.29± Acres, Pasture, Border Fences, Pond, Barn, Carnasaw-Clebit Soil. Not in Floodplain. Rural Water.
Home:  1994 Modular Home, 1,680± SF, 3 Bedrooms, 2 Baths, Central Heat & Air, Deck. Fenced Yard. Storage Building. Storm Cellar. 
Poultry Houses:  Two Poultry Houses and Equipment, No Contract, Last used 1-2 Years Ago.  (2) Diesel 50KV Generators & Fuel Tanks. (2) Overhead Feed Bins.
Estimated Current Taxes:  $502.94

VIEWING: Home Will Be Open Sunday, January 24th, 1:00 to 3:00 PM – Drive By Anytime To See The Land & Poultry Houses.

BASIC TERMS:

Starting Bid: $150,000.00.  The Starting Bid is not a statement of value or minimum acceptable selling price made by the Seller or the Auctioneers.  We publish a Starting Bid to answer the question we are asked the most “Where Are You Going to Start the Bidding?”.

10% Buyers Premium shall be added to the amount of the High Bid to establish the final contract price.

All bidding shall be conducted Online.  If you are unable to bid online contact J.B. at 918-256-5524 and either place an absentee bid or arrange for phone bidding during the Auction closing.

Soft Closing.  When the bidding starts to close online if anyone places a bid during the last two minutes the bidding shall be automatically extended an additional two minutes.

Please Note: We strongly recommend that Bidders do not wait until the last 10-20 seconds to place their bids.  We have had Bidders with slow internet providers wait until the very last seconds to bid and due to their poor internet service, their bids were not acknowledged in time.  There is nothing we can do to cure this situation the problem is on the Bidders end, not ours – don’t hesitate,,,, Bid!

$5,000.00 Shall be placed in Escrow upon confirmation, February 2nd, the day following the Auction by electronic bank transfer to the Southern Abstract & Title Co. Idabel OK who shall serve as the Escrow & Closing Agent.

Balance at Closing on or before Monday, March 1st, 2021 or at a time agreeable by both parties.

Seller to provide Abstracts to Date showing marketable title, title insurance commitment, warranty deed & documentary stamps.

Property sells by legal description in its present “as-is” condition. 

Prospective Bidders are encouraged to perform any inspections of the property they desire at their expense prior to the Auction!

Taxes prorated to closing date.

Buyer pays closing fee to Southern Abstract & Title Co.

Broker Participation Encouraged – Call For Information!

QUESTIONS?  J.B. Sr. at (918) 256-5524

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