Absentee
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Internet Absentee Bidding has Closed
Time Remaining: Prebidding Closed -
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Reserve Met
Date(s)
7/24/2024 - 8/17/2024
AUCTIONEER INFORMATION
Bidding Notice:

Properties are sold as is, where is. Closing must be in 30 days or less, no exceptions. Buyer to verify all information. Perspective buyers should conduct their due diligence prior to any bids, including in person visit to the properties. This is fee simple, absolute transfer. Free and clear title shall be given by a standard quit claim deed free and clear of any back taxes, encumbrances or ... Show More


Information
Lot # 1
Estimate 15,000.00 - 40,000.00 USD
Group - Category Real Estate - Residential
Lead Lot 56 Plantation Estates Road
Description
Discover your own slice of paradise with this 0.380-acre wooded parcel in the sought-after Plantation Estates subdivision. Enjoy breathtaking views of Claytor Lake, along with privacy and serene natural beauty. The HOA provides access to a community boat launch and dock, and the newly paved road ensures modern convenience. This parcel is perfect for building your dream home or a vacation retreat. Bidding starts at just $7,000! The auction goes live online on July 24th and ends on August 17rd, with in-person bidding also on August 17th at 10:00AM. Don’t miss this exceptional opportunity!
Name LAND AUCTION AT THE LAKE - PLANTATION ESTATES ROAD
Auctioneer
Type Internet Absentee Bidding
Date(s) 7/24/2024 - 8/17/2024
Auction Date/Time Info
Online bidding starts July 24th, 2024 and ends on the day of the live auction (August 17th, 2024) at 10:00 AM
Preview Date/Time Perspective Bidders/Buyers may visit property from 07/24/2024 until 08/17/2024. Text 540-239-6690 to notify & go. Seller is not responsible for access, weather or other impediments.
Checkout Date/Time TBD
Location
Buyer Premium 10% BP
Description
Discover your own slice of paradise with these wooded parcels in the sought-after Plantation Estates subdivision. Enjoy breathtaking views of Claytor Lake, along with privacy and serene natural beauty. The HOA provides access to a community boat launch and dock, and the newly paved road ensures modern convenience. This parcel is perfect for building your dream home or a vacation retreat! Bidding starts at just $7,000 for each lot! The auction goes live online on July 24th and ends on August 3rd, with in-person bidding also on August 3rd. Don’t miss this exceptional opportunity!
Bidder agrees to comply with these Terms & Conditions defined below as a prerequisite for Blue Ridge Mountain Realty’s acceptance of the Bidder's Registration and Bid Card ID. Bidders with NEGATIVE scores and UNPAID auctions will be removed. The total amount due will be the final 'hammer' price plus the buyer premium (10%) and 1% Earnest Money Deposit. Bidders are encouraged to conduct due diligence on all purchases and to seek legal advice regarding the purchase of these and any properties. An Earnest money deposit of 1% of the purchase price is required within 5 days of auction close. Request for payment will be sent to the winning bidder for the earnest money deposit and must be paid within 5 days of auction close. FAILURE to make required DEPOSIT will result in FORFEITURE of interest in property. Earnest money deposit is NOT refundable. If the bidder fails to submit the balance due within 5 business days, the EMD is forfeited with no refunds or credits. The Earnest Money deposit will be accompanied by a non-contingent Purchase Agreement. Any bids or earnest money deposits are considered acceptance of the aforementioned Purchase Agreement. BY REGISTERING FOR THIS AUCTION, BIDDER AGREES TO RECEIVE TEXT AND EMAIL CORRESPONDENCE ONLY AS RELATED TO THE SALE OF THE PROPERTY. CONDITIONS OF SALE: All properties are sold in "AS-IS" condition with all faults and defects and without warranty or guarantee of any sort. Prior to bidding, each bidder is advised and responsible to conduct an independent due diligence to ascertain characteristics, attributes and condition of the property. Failure to conduct diligence activities shall not constitute a waiver of any sort. TRANSFER OF OWNERSHIP. Closing will be in under 30 days or the bidder forfeits their EMD & buyer’s premium. Closing will be handled by True North Title in Blacksburg, VA. ALL SALES ARE SUBJECT TO SELLER APPROVAL.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 50,000.00 250.00 USD
Currency USD
Buyer Premium 10% BP
Payment Terms
30 day closing, or 1% deposit & 10% BP is forfeited. Closing office is seller's choice.