Name Great Home in Gastonia
Auctioneer Johnson Properties Realtors & Auctioneers, Inc.
Type Live Webcast Auction
Date(s) 3/3/2021
Simulcast Live & Online Auction
Preview Date/Time Wednesday March 3, 2021 from 11AM until auction starts
Checkout Date/Time Wednesday March 3, 2021 at 12:30 PM
Location 1850 Adams Ave.
Gastonia, NC 28052
Buyer Premium 7.00% (online) & 6.00% (Onsite)
We will be offering this great investment or end user home. This home is 960 square feet on a corner lot with 3 bedrooms and 2 baths, with a split bedroom plan and a very convenient location on a dead end street. This home is being sold thru the US Bankruptcy Court Case No. 19-05243-5-JNC, J.M. Cook PA Trustee. Please call our office for more information on this or other upcoming auctions.
Auction Terms & Conditions This is a LIVE & ONLINE SIMULCAST Auction. Pre-bidding is available now, auction will go LIVE on Wednesday, March 3rd, 2021 at 12:30PM EST. Please read all of the terms and conditions before bidding. By choosing to bid in this auction you are agreeing to all of the following terms and conditions and agreeing to honor them. 1. BUYERS PREMIUM: A 6% (onsite) or a 7% (online) buyer’s premium will be added to the successful bidders high bid and will be included in the total contract purchase price. This property is subject to bankruptcy court approval. Title will transfer via special warranty deed. 2. CONDITIONS: The information contained on this web site and all related auction materials are subject to the terms and conditions of the CONTRACT OF SALE. Buyer’s complete inspection of property is encouraged. *3. BROKER PARTICIPATION WELCOME: Any broker actively licensed in North Carolina whose agent properly registers the successful high bidder, will be paid a 2% commission, based on gavel price, at settlement by the seller. Registration must be on a Johnson Properties Realtors & Auctioneers Inc. Broker Pre-Registration Agreement. The properly completed agreement must be received in the office of Johnson Properties Realtors & Auctioneers Inc. no less than 48 hours prior to the auction. Additionally, agent must attend sale and co-register with prospect on Auction day. Only the first agent to register the high bidder will be paid a commission. Agents acting as principals, on behalf of other licensed real estate agents or on behalf of family members, or who represent prospects who have had prior contact with the Seller or Auction Company are not eligible. Brokers may pre-register only one potential buyer. 4. DEPOSIT: A 10% Earnest money deposit is required on day of sale. Balance due on or before 45 days post auction. 5. AUCTIONEERS DISCLAIMER: All information contained herein is provided without representation or warranty as to the accuracy of the same. Buyers shall rely on their own judgment and inspection. Property to be sold AS IS, WHERE IS, with all faults if any. The Auction Firm and Sellers reserve the right to entertain any reasonable offers, which may be accepted, prior to the auction. 6. ATTENTION AUCTION BUYERS: We suggest that you arrive one hour prior to the auction in order to register and have any last minute questions answered. NCAL: #7340 --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 30,000.00 1,000.00 USD
30,000.01 - 9,999,999.99 2,500.00 USD
Currency USD
Buyer Premium 7.00% (online) & 6.00% (Onsite)
Payment Terms
Buyer Premium: 7% Internet Bidders, 6% Onsite Bidders Payment Terms: A ten percent (10%) earnest money deposit is required in the form of a certified check, cash or wire transfer. The earnest money deposit is due within 72-hours of the close of the auction, with the balance of the contract purchase price due at closing within 45 days. Purchaser shall be responsible for all wire transfer fees ($25). The property is being sold subject to bankruptcy court approval.