Live Webcast Auction
Click Main Image For Fullscreen Mode
Price Realized:
24,000.00 USD
Shipping Not Available
Price Realized 24,000.00 USD
Date Sold 2021-03-18T00:00:00
Date(s)
2/7/2021 - 3/18/2021
Bidding Notice:

This is a Live &Online Simulcast auction. Pre-bidding is available now; the LIVE auction will start at 12:00PM EST on Thursday, March 18th, 2021. Bidding can take place online or at the live auction. The live event will be conducted at Johnson Properties Headquarters, which is located at 48 Progressive Parkway, Angier, NC 27501. Social distancing guidelines will be adhered to for all attendees on ... Show More

Auction Notice:

The property is selling subject to seller confirmation. Bidding confirms you have inspected the property, read the Terms and Conditions, and any other linked documents.


Information
Lot # 2
Group - Category Real Estate - Commercial
Lead Angier Road, Fuquay-Varina, NC 27526
Description
PIN: 0666220833 - Acres: 1.32 - Utilities: City Water & Sewer available https://drive.google.com/file/d/1SP0b1cSNb7xP9VKugSAqktcU5EsvCl7D/view Buyers should rely on their own inspection & investigation prior to bidding and/or purchasing property. Johnson Properties; does not make any representation or warranties, exprressed or implied, concerning the property. 7% Buyer's Premium will be added to the high bid price for internet bidders to derive at the contract price. 6% Buyer's Premium will be added to the high bid price to onsite bidders to derive at the contract price. 10% Earnest Money (EM) deposit in the form of a certified check, cash, or wire transfer will be due within 48 hours of auction closing. The balance of the contract purchase price will be due at closing, within 45 days. If paying EM by wire transfer, a $25 fee must be added.
Name 2 Tracts in Fuquay, 1 in Sampson Co & 2 in Johnston Co
Auctioneer
Type Live Webcast Auction
Date(s) 2/7/2021 - 3/18/2021
Auction Date/Time Info
Simulcast Live & Online Auction
Preview Date/Time March 18th, 2021 from 10AM - 11AM in Fuquay at the Judd Pkwy site. Other times by appointment.
Checkout Date/Time Thursday March 18th, 2021 at 12:00PM
Location
Buyer Premium 7.00% (online) & 6.00% (Onsite)
Description
INVESTORS TAKE NOTE! There are two parcels located along Judd Parkway in Fuquay-Varina and one tract in Sampson County in a separate auction posting on our site. This is a great opportunity for the savvy investor or the developers. This is a great opportunity to purchase a tract of land in one of the fastest growing areas of North Carolina, Southern Wake County! Don't forget to bring your mask to the auction as this event will be broadcast live from the JP Headquarters or bid at home or from your computer! Stay safe and see you soon!
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. A portion of these tracts will be sold absolute and are subject to recombination. 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
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 19,999.00 500.00 USD
19,999.01 - 49,999.00 1,000.00 USD
49,999.01 - 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
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.