This is an excellent opportunity to buy timber property in Eastern Oklahoma. The land consists mainly of Mixed Pine and Hardwood. The hunting in Eastern Oklahoma is as good as it gets, offering trophy whitetail, wild turkey, and hogs.
AuctionThursday, November 8th, 2012 - 1:30pm CDT
Auction Location Wilburton, Oklahoma
This is an excellent opportunity to buy timber property in Eastern Oklahoma. The land consists mainly of Mixed Pine and Hardwood and a detailed breakdown of the timber on each tract is available upon request. The hunting in Eastern Oklahoma is as good as it gets, offering trophy whitetail, wild turkey, and hogs. Don’t miss this great opportunity to buy a combination recreational/investment property. *TIMBER CRUISES available upon request.
Acreage (Deeded & Leased)
Tract 1: 1,942± Acres Tract 2: 2,483± Acres Tract 3: 348± Acres Tract 4: 5,630± Acres Tract 5: 6,880± Acres Tract 6: 375± Acres Tract 7: 2,072± Acres Tract 8: 4,768± Acres Tract 9: 350± Acres Tract 10: 260± Acres Tract 11: 360± Acres Tract 12: 160± Acres Tract 13: 1,103± Acres Tract 14: 1,426± Acres
Information Dates: Wednesday, October 10th: 3pm-5pm CDT Thursday, October 11th: 9am-11am CDT Wednesday, October 24th: 3pm-5pm CDT Thursday, October 25th: 9am-11am CDT
We invite you to meet a Hall and Hall representative at Eastern OK State College in Wilburton, OK on any of the following days to pick up additional information and view the property. We look forward to meeting with you to discuss any questions regarding the property or the auction process. Also, showings of the property are available at any time by appointment.
Auction Date: Friday, November 8th ~ 1:30 PM CDT Eastern Oklahoma State College 1301 West Main Wilburton, OK 74578
Directions to the Auction and Information Dates: Take HWY 2 until it intersects with US 270/ Main Street. Once you are on US 270/Main Street, go west until you see the college campus. Turn north into the east entrance, the student center will be on your left.
• Majority Mixed Pine and Hardwood • Pre-merchantable or Merchantable Timber • Prime Oklahoma Hunting Land • Excellent Opportunity to Own Premier Hunting Property
Broker Participation: A commission will be paid to any properly licensed broker who registers a successful buyer according to the broker participation guidelines. Broker registration forms are available from Hall and Hall. Forms must be completed and returned no later than Wednesday, November 7th at 12pm.
Procedure: The property will be offered in 14 individual tracts, any combination of tracts or as a total unit.
Earnest Money: 5% of the total contract purchase price will be due immediately as earnest money after being declared the buyer. The earnest money may be paid in the form of personal check, business check, or cashier’s check, made to First American Title and Trust Company. The balance of the contract purchase price is due in cash at closing.
Acceptance of Bid Prices: All tracts are to be auctioned with reserve. Acceptance or rejection of any auction bid is subject to approval by the Seller. All successful bidders will sign a sale contract/agreement to purchase at the auction site immediately following the close of bidding. Buyer(s) assume all responsibility for obtaining any necessary financing for the purchase of the property and neither Seller nor Auction Company assumes any responsibility for buyer’s inability to obtain financing. BIDDING IS NOT CONTINGENT UPON FINANCING.
Buyers Premium: A 5% Buyers premium will be added to the bid price to determine the total contract price.
Closing: Closing shall take place approximately December 10th.
Possession: Possession shall be given upon closing.
Title: Seller shall furnish the buyer(s), at seller’s expense, an updated title commitment for the property and agrees to provide and execute a warranty deed conveying merchantable title to the real estate to the buyer(s).
Real Estate Taxes: The 2012 calendar year taxes payable in 2012 shall be prorated to the date of closing. Owner shall credit buyer(s) at closing for said taxes based on the most recent ascertainable tax figures; buyer is responsible for all subsequent taxes.
Agency: Hall and Hall Partners, LLP, and its representatives are exclusive agents of the seller.
“Most brokers have a strong sense of independence, so brokerages work around that, but Hall and Hall is not about the one working alone—their strength and longevity is built on the group, on the family,” explains Tyler Jacobs. “It’s the basic fundamentals and traditional values that we’ve thrived on since the company was founded back in 1946.”
Our Hall and Hall broker, Randy Shelton, kept us in the loop as though it were. Our sale hinged on that of larger surrounding parcels, and when an initial offer fell through, Randy went back to the drawing board and found a suitable buyer who shared our values. That meant a lot to us, as our property had been in the family for more than 100 years.
From the first time I walked through the door, I sensed Hall and Hall’s highest goals were to understand who I was and build a relationship, to understand what made my property special, and to find the buyer. Their discipline and focus was apparent. Throughout the entire process, their approach towards reality was different from the experiences I have had previously. Genuine would be the word I would use to describe everyone at Hall and Hall.
I interviewed 4 agents and selected Hall and Hall because of the agency’s reputation for expertise in high end ranch property and global marketing. I had the pleasure of working with Tim Murphy on the sale of a family property in the Paradise Valley, Montana. We believe he represented our family interests well and contributed to the integrity of the property by joining together buyer and seller and a shared love for this special place in our lives.
Bill McDavid was an outstanding and very patient partner in this sale. His expertise in the market and marketing of the property was excellent. I would use him again in a heartbeat to either buy or sell a ranch property.
“Guns, bear spray and handsaws: These aren’t the tools of your average luxury real-estate agent. But ranch brokers like Mr. Murphy, a Bozeman-based partner at Hall & Hall, occupy a unique and increasingly challenging niche in the world of multimillion-dollar property.”
“When it was time to invest in a ranch for our family, we knew we needed to work with Hall and Hall. The expertise is unsurpassed.”
In 1988, Joel Leadbetter became a partner at Hall and Hall where he has been instrumental in completing complicated, high-profile deals such as the recent sale of Texas’ historic 512,000-acre Waggoner Ranch.
“The professionalism, preparation, and overall positive demeanor exhibited… were truly impressive… I have never before worked with a more dedicated, knowledgeable, and level-headed sales professional.”
I had been looking for the right property for several years and Elliott Davenport’s insight into the quail plantation market and his ability to think strategically was instrumental in helping me find our new place. Elliott was helpful on all technical aspects of contracting and due diligence. His post closing help with hiring and contractors made the process much easier as well.
I have purchased 4 ranches through Hall and Hall over the past 20 years, and there is simply no other team in the world like them. They have navigated complexity, professionally attended to every detail, operated with fairness and integrity, and demonstrated an unwavering commitment to me– whether representing me or the person on the other side of the deal.
Having been in our family for 70 years, selling Loveridge was a big decision for our family and we needed the right person to walk us through this process. Elliott Davenport has exceeded our expectations and represented our family very well through this sale. His depth of knowledge for the Red Hills, his critical thinking, intimate understanding of the market, and honest approach has made this process very pleasant and rewarding for us. Simply, he gets it and that has served us very well.
Positioning a high-end Luxury Farm in the market to maximize Seller value requires a special set of skills along with a true understanding of the audience. Having a National presence and the knowledge of how to market into that audience is key to executing a successful transaction. Elliott Davenport of Hall & Hall and his team of seasoned professionals are uniquely qualified to deliver these results. They exceeded our expectations! We could not be more thrilled with their performance.
“Having spent the last 18 months immersed in the process of (successfully) selling a large family sporting property, I can’t imagine going through it without Elliott Davenport. His incredible knowledge of the market, deep understanding of and appreciation for our land, thoughtful and resourceful guidance throughout the process, tenacious attention to detail, and his collaborative approach with our on-site land management staff was nothing short of invaluable. He came to us highly recommended by fellow landowner friends, and now it is easy to see why. I and my family would not hesitate to recommend him in a heartbeat to anyone.”
Have never experienced in my 50 year real estate career the level of complete professionalism that Bill McDavid performed through the entire sale process beginning at the listing all the way through the sale. Communication was excellent.
Bill walked me through the difference of what my dream ranch’s value was to me verses the market value. He sold my ranch in less than a year because it was priced in the market at a great value. My listing agent before Bill priced my ranch at a level of my expectation and no buyers showed up. Bill nailed the right price and we had buyers looking every month until the closing 9 months later.