4BR 2.5BA Home in Gladys VA

Torrence, Read, & Forehand Auctions

 

Date(s) 9/19/2019 - 10/17/2019

Friday, October 18, 2019 at 12:30PM EST

Past Auction
Bidding Notice:

Place absentee bids online here if you can not attend the live auction. Absentee bids are due by 6PM EST on Thursday, Oct.17, 2019.

Auction Information
Name 4BR 2.5BA Home in Gladys VA
Auctioneer
Type Internet Absentee Bidding
Date(s) 9/19/2019 - 10/17/2019
Auction Date/Time Info
Friday, October 18, 2019 at 12:30PM EST
Preview Date/Time Wed, Oct.2 from 4-6 PM; Sun, Oct.6 from 1-3 PM; Wed, Oct.16 from 12-2 PM; Other days by appointment
Checkout Date/Time N/A
Location
Buyer Premium 5% Buyer's Premium
Description
Special Commissioner's Auction. Charming 2-story farmhouse on 2.43 acres in Campbell County VA. Also selling 3 building lots for separate owner.
Terms: Property sells “AS-IS”, "WHERE-IS" without warranties of any kind. Potential Buyers must perform such independent investigations with respect to the Property as they deem necessary to verify information provided by Auction Company. Warranty: All information provided by Auction Company is deemed reliable but is not warranted. The information provided by the Auction Company is subject to verification by all parties relying on it. No liability for its accuracy, error or omission is assumed by the Auction Company. Title: Seller will convey title by Special Warranty Deed free and clear of all liens. 3 lots will be conveyed by General Warranty Deed free and clear of all liens. Registration: Bids will be accepted only from registered bidders. On-site registration begins at 11:30 AM day of sale. A valid form of identification (i.e. driver’s license) will be required to register. Deadline for online registration is 5PM EST on Thursday, October 17, 2019. Online Bidding: If you can not attend the auction or won't be available to bid by phone, online absentee bidding is available. The deadline for placing online absentee bids is 6PM EST on Thursday, October 17, 2019. (Here is an example showing how absentee bidding works: Bidder 1 places an absentee bid of $50,000. Bidder 2 places an absentee bid of $100,000. Bidder 2 is now the high bidder at $51,000. Bidder 3 places an absentee bid of $80,000. Bidder 2 becomes the high bidder at $80,000. Absentee bidding closes. At the live auction, bidding begins at the current bid of $80,000 and Bidder 2 will remain high bidder until bids exceeds Bidder 2's absentee bid of $100,000.) Announcements: Announcements made on day of sale take precedence over all prior communications, both verbal and written, concerning the sale of the Property. Approval: High bid subject to court approval. 3 lots sell subject to confirmation. Buyer’s Premium: A 5% buyer's premium will be added to the high bid to determine the final sales price. Deposit: Deposit equal to 10% of final contract price (bid price plus buyer's premium) due day of sale by cash or good check. Online bidders may overnight payment or wire transfer funds within 2 business days. Closing: Balance of Purchase Price shall be due at closing on or about 30 days after the sale. Agency: The auction company and its representatives represent the sellers.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 9,750.00 250.00 USD
9,750.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 5% Buyer's Premium
Payment Terms
A deposit equal to 10% of final contract price (bid price plus buyer's premium) is due day of sale by cash or good check. Online bidders may overnight payment or wire transfer funds within 2 business days. The balance shall be due at closing on or about 30 days after the sale.
N/A
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.