Randolph Co. Land, Oil & Gas Rights
The Estate of Bret Marsh Lang
Online Only Auction
No Reserve, Sells to The Highest Bidder!
Location: Georgetown Rd Valley Bend, WV 26293
GPS Coordinates: 38°49'53.8"N 79°53'30.7"W
Date: Bidding is open & Begins Closing on Monday, January 6th @ 7:00 PM
Feel Free To Walk the Property
*5.29 +/- Acres, Randolph County, ½ UND INT in 159 +/- Acres Oil & Gas Rights
Land: District 2 Map 130 Parcel 29
Oil & Gas Rights: District 2 Map 9999 Parcels 1302,1303,1309
Kaufman Realty & Auctions of WV
399 W. Main St.
Bridgeport, WV 26330
David Anthony Kaufman, Broker
Andrew Yoder Jr. - Auctioneer/Agent
Call or Text 304-931-1185
Auc. Lic #2086
Wayne Yoder - Auctioneer/Agent
Call or Text 304-931-1285
Auc. Lic. #2161
Successful bidder will be emailed a contract to be executed and returned to Kaufman Realty & Auctions of WV. Successful bidders will deposit 10% of the Contract price in the form of cashier’s check or wire transfer to Kaufman Realty & Auctions of WV. The entirety of the remaining balance is due at closing or within 45 days (whichever is first). Instructions for wire transfer and /or cashier’s check transmittal will be sent by e-mail to the successful bidder. Purchaser shall be responsible for all wire transfer fees.
Contract Documents will be sent by e-mail to the successful bidder must execute and fax or email back to Kaufman Auctions within 48 hours of the end of the auction.
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.
At the close of bidding. The system is set to add a 5 minute extension when a bid is placed within the last 5 minutes and will do so until no one bids during the allotted time.
Buyers Premium Example:
Bid Price: $100,000
Plus 10% Buyers Premium: $10,000
Total Contract Price: $110,000
Down Payment $11,000
DISCLOSURE: Kaufman Realty & Auctions of WV is acting as Auctioneer/agent and is an agent for the seller only.
DISCLAIMER: Information contained herein is believed to be correct to the best of auctioneer/agent’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.
All square footage and Acreage are approximate. Any Maps that are not marked or stamped buy a licensed surveyor are not to be used as such. The Auction Company may provide aerial maps to give approximate boundaries.
BUYER/BROKER INFORMATION: Up to 1% Commission will be paid to any properly licensed buyer's broker who registers a successful buyer according to the Broker Participation Guidelines. Broker registration forms are available. Call for Broker Registration Form, or print it from the documents tab for that specific Auction. Must be registered & Approved 24 hours prior to Auction. Brokers/Agents are not entitled to a commission if they are the purchaser
Potential Buyers must independently investigate and confirm any information or assumptions on which any bid is placed.
Kaufman Realty & Auctions are agents for the sellers; we are not mineral and legal experts.
Potential buyers are advised to seek legal counsel regarding the status of any oil/gas right purchase, prior to bidding.