No internet bidding
Click Main Image For Fullscreen Mode
Price Realized Not Uploaded
Shipping Not Available
Date(s)
11/17/2020 - 12/11/2020
Bidding Notice:

Live auction held at the Olde Dominion Agricultural Complex located at 19783 US-29S in Chatham, VA. Online and phone bidding available.


Information
Lot # 2
Group - Category Real Estate - Commercial
Lead Tract 2: 221 Acres
Description
221 acres, more or less, on the eastern side of the farm with big, lush fields, cottage (872 sq.ft., 2BR, 1BA), farm buildings, (2) ponds, streams, and roughly 1.3 miles of Sandy River frontage including the scenic section of rapids.
Name 417 Acre Farm on the Sandy River
Auctioneer
Date(s) 11/17/2020 - 12/11/2020
Auction Date/Time Info
Friday, Dec.11, 2020 at 12:30PM
Preview Date/Time Agent will be at brick home (240 Keatts Ln) to provide information during preview. A guided tour of the farm is available by appointment. Sunday, Nov.22 from 1-3PM (guided land tours 10am-4pm by appt) Sunday, Nov.29 from 1-3PM (guided land tours 10am-4pm by appt) Tuesday, Dec.1 from 12-2PM (guided land tours 12pm-4pm by appt) Sunday, Dec.6 from 1-3PM (guided land tours 10am-4pm by appt) Tuesday, Dec.8 from 12-2PM (guided land tours 12pm-4pm by appt) Additional times by appointment. Property is occupied.
Checkout Date/Time N/A
Location
Buyer Premium No Buyer's Premium
Description
Beautiful 417 acre farm in Pittsylvania County with vast majority in productive fields, rich bottom land, and fenced pasture land. Property borders a scenic 1.6 mile stretch of Sandy River, springs, creeks, 3 ponds, 2 homes, former dairy facilities, and much more. Offered in 3 tracts and as a whole.
Selling for Robert T. Vaughan, Jr., Special Commissioner 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 makes no warranty in regards to the property. However, a title insurance commitment from First American Title will be provided prior to auction. Registration: Bids will be accepted only from registered bidders. On-site registration begins at 11:30 AM day of sale. You may also pre-register on our website or phone app. Deadline for phone and online bidding registration is 6PM EST on the day prior to the auction. A valid form of identification (i.e. driver's license) may be required to register onsite or online. Online Bidding: Online bidding is available for your convenience. However, due to the technical nature of online bidding, bidder acknowledges that this service may or may not function correctly the day of the auction. Torrence, Read, & Forehand Auctions will not be responsible for missed bids from any source. Online bidders who desire to make certain their bid is acknowledged should use the prebidding function and leave their maximum bid 24 hours before the auction begins. Winning bidders will be notified by email and/or phone and receive instructions for signing the Contract of Purchase (must be returned within 24 hours) and submitting the Deposit (see below). 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. Buyer's Premium: There is no buyer's premium for this auction. Deposit: Deposit equal to 10% of final contract price due day of sale by cash or good check. Online bidders may overnight deposit or wire transfer funds so it is received 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 - 97,500.00 2,500.00 USD
97,500.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium No Buyer's Premium
Payment Terms
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 deposit or wire transfer funds so it is received within 2 business days. Balance due at closing on or about 30 days.
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.