1545 Crews Shop Road Lynchburg, VA. 24504

T&T Realty and Auction

 

Date(s) 5/28/2024 - 6/28/2024

Ends June 28, 2024 at 5:00pm

Online-Only Auction
Shipping Not Available
Bidding Notice:

10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $5,000 per offering is required on the day of sale. Close on or before July 29th, 2024. Subject to seller confirmation. Property sold with reserve and sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence before placing a bid. Auction starts ... Show More

Auction Information
Name 1545 Crews Shop Road Lynchburg, VA. 24504
Auctioneer
Type Online-Only Auction
Date(s) 5/28/2024 - 6/28/2024
Auction Date/Time Info
Ends June 28, 2024 at 5:00pm
Preview Date/Time June 21, 2024 2:00pm-5:00pm
Location
Buyer Premium 10% Buyers Premium
Description
Secluded but Convenient 2,400+ sqft Home on 23.07 Acres Online Auction Ends Saturday, June 28th at 5:00 PM 1545 Crews Shop Road Lynchburg, VA. 24504 This stunning 4 bedroom, 3.5 bathroom two story house spreads across 2,472 sqft of beautifully designed living space. The commodious bedrooms, including a main level primary with a walk-in closet, provide ample space for relaxation and comfort. In the heart of the home, a cozy gas-log fireplace elegantly complements the living area, offering warmth and a peaceful ambiance on chilly evenings. Set on a vast 23.07 acre property, this home offers privacy and an outdoor experience with its lush garden space, tranquil stream, and a mature, wooded landscape that invites nature's serenity right to your doorstep. For those who love to tinker or need extra space for projects, a detached workshop on the grounds provides the perfect venue for your creative endeavors or storage needs! PREVIEW DATE: June 21st, 2024 2:00pm-5:00pm CONTACT AUCTIONEER: Mark Tomlin 434-941-1814 (Mark@tandtauction.com) or Mason Thomas 434-665-7344 (Mason@tandtauction.com) DIRECTIONS: From US-460E turn right onto Doss Road. Then slight right onto Crews Shop Road. 1545 Crews Shop Road will be on the left. Look for Signs. BIDDER PACKET: Download Bidder Pack for complete information. Bidder Pack has maps, complete terms and conditions, sample contracts, tax cards, and restrictions. Some of the plats in Bidder Pack may have notations and boundaries created by Auctioneer for illustration purposes, however unchanged surveys are in Bidder Pack as well. SOFT CLOSE: If a bid is received within the last 2 minutes of the auction, the auction close time will automatically extend 2 minutes to allow other bidders an opportunity to competitively bid prior to the auction closing. This feature eliminates “snipers” and encourages fair and impartial bidding from all participants. SIMULTANEOUS CLOSE OF LOT BIDDING: Bidders desiring more than one offering will need to be the high bidder on all offerings desired. Each offering will stay open until all bidding is complete, and all offerings will close simultaneously. BUYER’S PREMIUM – TEN PERCENT (10%): Buyer’s Premium shall be added to the final online bid, which will determine the Total Contract Sales Price. Bidders hereby acknowledge and understand that the Buyer’s Premium will be added to the winning bid to create the Total Contract Sales Price for which they are obligated to pay for the property. Example: (winning online bid $600,000 + 10% buyer’s premium = total purchase price of $660,000). Buyer’s Premium is not due until closing. PRE-AUCTION SALES: As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all off the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest deposit. Properly submitted offers will be presented to the Seller in a timely manner. Seller may accept or reject such offer at their sole and absolute discretion. When a pre-auction offer is submitted, all properly registered online bidders will be notified that “an offer” has been submitted and on which specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for seller’s acceptance. A Referral Fee of 2.0% of the high bid is offered to a cooperating VA State Licensed Real Estate Salesperson/Broker on any pre-auction offers that are properly completed and submitted on the appropriate forms provided. Download Bidder Pack for Online Bidder’s Agreement, maps, sample contracts, and property information. TERMS & CONDITIONS: 10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $5,000 per offering is required on the day of sale. Close on or before June 22nd, 2024. Subject to seller confirmation. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence before placing a bid. Auction starts ending at 5 PM on June 22nd, 2024. Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes. Be sure to register to bid early to ensure you receive notifications regarding any changes to the Auction, Bidder Packet and/or Pre-Auction offers received. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps at www.tandtauction.com
10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $5,000 per offering is required on the day of sale. Close on or before July 29th, 2024. Subject to seller confirmation. Property sold with reserve and sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence before placing a bid. Auction starts ending at 5 PM on June 28th, 2024. Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes. Be sure to register to bid early to ensure you receive notifications regarding any changes to the Auction, Bidder Packet and/or Pre-Auction offers received.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 750,000.00 5,000.00 USD
750,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 10% Buyers Premium
Payment Terms
$5,000 PER OFFERING Earnest Money Deposit due on day of sale. Closing in 30 Days