Online Only Auction
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Date(s)
3/3/2023 - 4/3/2023
AUCTIONEER INFORMATION
Bidding Notice:

This is an internet online auction only. All bidding will take place online.


Information
Lot # 1
Group - Category Real Estate - Commercial Properties
Lead Country Siloam Store 2782 SF
Description
Located in the Historic community of downtown Siloam NC that is up for auction is Parcel # 5932-00-96-5604 is this 2782 SF Commericial building former retail store/grill, kitchen area, main building has hardwood flooring, mens,womens restrooms, seperate area for sitting, relaxing , paved parking lot, well, septic sitting on .64 acres. Parcel # 5392-00-96-5418 that adjoins this property is .4 acres that conveys with the sale of the above property. Both Parcels are zoned CB
Name Country Store Siloam Auction
Auctioneer
Type Online-Only Auction
Date(s) 3/3/2023 - 4/3/2023
Auction Date/Time Info
4-3-2023 12 Noon
Preview Date/Time Contact Auctioneer/Realtor at 336 416 2888
Checkout Date/Time 4-4-2023 12 Noon
Location
Buyer Premium 5% Buyers Premium
Description
Located in the Historic community of downtown Siloam NC that is up for auction is Parcel # 5932-00-96-5604 is this 2782 SF Commericial building former retail store/grill, kitchen area, main building has hardwood flooring, mens,womens restrooms, seperate area for sitting, relaxing , paved parking lot, well, septic sitting on .64 acres. Parcel # 5392-00-96-5418 that adjoins this property is .4 acres that conveys with the sale of the above property. Both Parcels are zoned CB 5% Buyers Premium
*** Everyone Registered to bid, including the Auctioneer , The Sellers, Agents or both, is allowed to bid in today's auction. *** This property is being sold AS IS, WHERE IS with no warranty, expressed or implied. THE AUCTIONEER LYNN MYERS & MYERS AUCTION & REALTY SHALL NOT BE RESPONSILBE FOR THE CORRECT DESCRIPTION, AUTHENTICITY, GENUINENESS, OR DEFECT IN ANY LOT OR ITEMS AND MAKES NO WARRANTY IN CONNECTION THEREWITH. No allowance, refund or set aside will be made on account of any incorrectness, error in description, imperfection, defect or damage. Any descriptions or representations are for identification purposes only and are not to be construed as a warranty of any type. It is the responsibility of the Buyer to have inspected thoroughly the property and buyer should have done his/her due diligence and to have satisfied himself or herself as to its condition, authenticity, and value and to place a bid based upon that judgment solely. The Auctioneer is acting as Agent for the Seller and all representations made by Auctioneer are made on behalf of the Seller. The Auctioneer is not responsible for the acts or representations of the Seller. Buyers Premium: A 5% buyers premium will be added to the confirmed bid price of this auction. EM Deposit: 5% of the confirmed bid price will be required within 24 hours of the auction ending time. Auction Bidder/Buyer Default: The successful bidder/buyer whose bid is confirmed and does not return the contract with the EM deposit within 24 hours of the auction and or sellers notice of confirmation will be in default and black flagged in our database as a non paying bidder and will no longer be allowed to bid in our auctions. Myers Auction & Realty has the right to sell to the next highest qualified bidder. Auction Cancelation -Bidder Rejection: Myers Auction & Realty reserves the right to reject any or all bids for any reason. The seller and Myers Auction & Realty as seller's representative/agent reserves the right to cancel this auction or remove this auction prior to the close of bidding even if a bid has been placed , unless the auction is advertised without reserve or absolute auction. Deed: Seller will provide a general warranty or special warranty deed that is insurable and free from any defects. If seller is unable to do so a full EM deposit the buyer is entitled to a full refund of deposit and cancel the contract. Possession: 30 days or at the closing of the property. Easements & Zoning: Subject to all easements recorded in Surry County NC Public Reciords. To inspect or preview prior to or during the auction ending time Call Lynn Myers at 336 416 2888 All inspections due diligence will be completed by March 31st 2023.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 100.00 5.00 USD
100.01 - 1,000.00 25.00 USD
1,000.01 - 10,000.00 250.00 USD
10,000.01 - 100,000.00 2,500.00 USD
100,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 5% Buyers Premium
Payment Terms
Cash or Certifiied Funds
None offered
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.