Doddridge County Oil & Gas Rights Auction

<span style="font-size:16px"><strong><u>Terms:</u></strong><br />
<span style="background-color:white"><span style="color:#333333">Successful bidders will deposit a nonrefundable 10% of the contract price in the form of cashier&rsquo;s check or wire transfer to Kaufman Realty &amp; Auctions of WV within 48 hours of the close of the Auction.</span></span><br />
Notice: This Auction is set to close Tuesday, October 30th at Noon &amp; will extend 5 minutes if someone places a bid within the last 5 minutes of the time and will continuously do so until no one bids for that time period. The Auction will close once no bids are placed in that 5 minute time frame.<br />
<br />
<span style="background-color:white"><span style="background-color:white"><span style="color:#333333">Successful bidder will be emailed a contract to be executed and returned to Kaufman Realty &amp; Auctions of Wv. </span></span></span><br />
<span style="background-color:white"><span style="background-color:white"><span style="color:#333333">The entirety of the remaining balance is due at closing. Instructions for wire transfer and /or cashiers check transmittal will be sent by e-mail to the successful bidder. Purchaser shall be responsible for all wire transfer fees, title &amp; lien search and due diligence.</span></span></span><br />
<br />
<br />
<span style="background-color:white"><span style="background-color:#f9f9f9"><span style="color:#4c4c4c">No financing or other contingencies.</span></span> <span style="background-color:#f9f9f9"><span style="color:#4c4c4c">Any required inspections</span></span> <span style="background-color:#f9f9f9"><span style="color:#4c4c4c">must be completed prior to bidding. All information contained herein derived from sources deemed reliable but not warranted. Sold as is no warranties written or implied. Property will be sold free and clear of any &amp; all liens and encumbrances. 30</span></span> <span style="background-color:#f9f9f9"><span style="color:#4c4c4c">days to close. 10% buyer&rsquo;s premium will be added to the last bid and will determine</span></span> <span style="background-color:#f9f9f9"><span style="color:#4c4c4c">the final contract price. </span></span><br />
<br />
<span style="background-color:white"><span style="color:#333333">Successful bidders not executing and returning their contract with earnest money deposit within 48 hours of the conclusion of the auction will be considered in default.<br />
<br />
Buyers Premium Example:<br />
Bid Price: $100,000<br />
Plus 10% Buyers Premium: $10,000<br />
Total Contract Price: $110,000 </span></span><br />
<span style="background-color:white"><span style="color:#333333">Down Payment $11,000</span></span></span><br />
<span style="background-color:white"><span style="color:#555555">Bid Increments</span></span><br />
<strong><span style="color:white">High </span></strong><strong><span style="color:white">BidBid</span></strong><strong><span style="color:white"> Increments</span></strong><br />
<span style="color:black">$1 - $50,000$1,000</span><br />
<span style="color:black">$50,001 - $5,000,000$5,000</span><br />
<span style="background-color:white"><span style="color:#555555"><span style="background-color:white">DISCLOSURE: Kaufman Realty &amp; Auctions of WV is acting as Auctioneer/agent and is an agent for the seller only.<br />
<br />
DISCLAIMER: Information contained herein is believed to be correct to the best of auctioneer/agent&rsquo;s knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions.</span></span></span></span><br />
<br />
<br />
<br />
<br />
<br />
&nbsp;