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Wetzel Co. WV 28 (14 Net) Acre Mineral Rights. Sells regardless of price! Bank Owned mineral rights with lease in place. See document section for current lease. WesBanco Bank cannot hold property or mineral rights for investment purposes. The mineral tract is located under a surface area in Wetzel county referenced to Green District, part of map 12 parcel 43. Ownership would be 50% of the 28 acres tract which gives you a 14 acre net ownership.
Lot Size: 28 acres (14 acres net) of mineral rights with no surface rights included.
Property Map
Basic Terms:
Sells Regardless of Price to the Highest bidder with no minimums or reserves. 100% (Full price) down the day of the auction by 5pm which will become your non refundable deposit. The mineral rights are sold As Is with no contingencies. All inspections must be done prior to Auction. Close by Dec. 20, 2019. A 10% buyer's premium will be added to the high bid to obtain the final contract selling price. Short tax proration if any. Buyer pays all closing costs including the mineral rights search if the buyer requests one. Limited warranty deed (or assignment of lease) given at closing with no liens or back taxes.
Deposit and Closing:
Buyer will close with a title company of the Auctioneer's choice no later than Dec. 20, 2019.
Realtor Participation:
Realtor showings and cooperation are encouraged.For full compensation instructions, see Realtor Registration form attachment. Please call Auctioneer to schedule all showings.