19015 - JOHNSTON COUNTY REAL ESTATE

Wester Auction & Realty, Inc. (NCAL 7026)

Tract 1 - West Hwy 70 Business Tract 2 - Glen Laurel Subdivision Tract 3 - Applewood Subdivision

Clayton, NC 27520

Date(s) 2/8/2019 - 3/18/2019

Bidding will end at approximately 10:00 AM on March 18, 2019. If there is a bid within the last minute of the bid clock, 5 minutes will be added to the clock. This gives all bidders a brief period to determine their bid strategy.

Past Auction

Online-Only Auction

Catalog

View Catalog (5 Lots)

Bidding Notice:

Do not lose an item because you get busy or forget the time. -- Place a safe and secure bid using the "MAX BID" feature. Your bid will not be increased until another bidder places a bid. Your bid will only be raised by the minimum established increment.

Auction Information

Name	19015 - JOHNSTON COUNTY REAL ESTATE
Auctioneer	Wester Auction & Realty, Inc. (NCAL 7026)
Type	Online-Only Auction
Date(s)	2/8/2019 - 3/18/2019
Auction Date/Time Info	Bidding will end at approximately 10:00 AM on March 18, 2019. If there is a bid within the last minute of the bid clock, 5 minutes will be added to the clock. This gives all bidders a brief period to determine their bid strategy.
Preview Date/Time	You may preview the properties at any time.
Checkout Date/Time	A Sales Contract will be executed within 24 hours after the bidding and closing will be within 30 days of the Sales Contract date, time being of the essence.
Location	Tract 1 - West Hwy 70 Business Tract 2 - Glen Laurel Subdivision Tract 3 - Applewood Subdivision Clayton, NC 27520
Description	THIS IS AN ONLINE ONLY AUCTION. All bidding will be conducted online and there will be no live onsite auction. You may visit the properties at your convenience at any time. We are offering 3 properties, each with unique features and uses. The owner of the properties is retiring and "cleaning up" the books.

Terms and Conditions

These terms and conditions are absolute and cannot be altered in any way. If you do not understand any of these conditions, please contact Wester Auction BEFORE bidding. Once you place a winning bid you have entered into a legally binding contract. All lots are sold "AS IS, WHERE IS" without guarantees of any kind, other than transfer by General Warranty Deed. Due to varying Internet speeds, browser controls, wireless signals, and other communication problems we DO NOT GUARANTEE that your bid will be accepted on any item. Do not wait until the last possible second to place a bid. While descriptions and counts are believed to be accurate, they are NOT GUARANTEED. Buyers need to rely solely upon their own inspection and due diligence. a 10% buyer's premium will be added to the last and highest bid on each tract. The high bid and buyer's premium will constitute the Sales Price. The properties are not offered subject to any contigencies. If you need financing, then you must arrange this before bidding. If you need to sell another property in order to afford this one, then please refrain from bidding. The properties are sold subject to acceptance of the bids by the seller. The seller is not expecting the maximum value for the property, but it will not be sold for an extremely low price either.

Bid Increments

Your bid must adhere to the bid increment schedule.

Bid Amount	Bid Increment
0.00 - 1,000.00	100.00 USD
1,000.01 - 10,000.00	500.00 USD
10,000.01 - 50,000.00	1,000.00 USD
50,000.01 - 9,999,999.99	2,500.00 USD

Payment Information

Currency	USD
Payment Terms	Immediately after the bidding concludes and the seller accepts the bid, the high bidder for each tract will be contacted by phone. The high bidder will be required to make a 5% earnest money deposit at that time, either by wire transfer, hand delivery of a check, or credit card. (There will be a processing fee for credit card use). The Sales Contract will be drawn and electronically sent to the buyer and seller for execution. Once the Sales Contract has been completed and signed by both parties, the closing date will be set. This must occur within 30 days of the Sales Contract date, time being of the essence.

Currency

USD

Payment Terms

Immediately after the bidding concludes and the seller accepts the bid, the high bidder for each tract will be contacted by phone. The high bidder will be required to make a 5% earnest money deposit at that time, either by wire transfer, hand delivery of a check, or credit card. (There will be a processing fee for credit card use). The Sales Contract will be drawn and electronically sent to the buyer and seller for execution. Once the Sales Contract has been completed and signed by both parties, the closing date will be set. This must occur within 30 days of the Sales Contract date, time being of the essence.

Shipping / Pick Up

not applicable