Lot # : 4 - 129 Whistle Dr, Mooresboro, NC 28114
Online Only Auction
Price Realized Not Uploaded
Shipping Not Available
Date(s)
11/7/2023 - 12/14/2023
Bidding Notice:
7% buyers premium
Auction Notice:
Go to www.wecansellit.net for lot information and bidder documents.
Information
Lot # | 4 |
---|---|
Group - Category | Real Estate - Residential |
Lead | 129 Whistle Dr, Mooresboro, NC 28114 |
Description |
Property located at 129 Whistle Dr, Mooresboro, NC 28114. Go to www.wecansellit.net to access the bidder instructions and the property docs.
|
Auction Information
Name | Mooresboro Real Estate Auction |
---|---|
Auctioneer |
Advantage Auction Services, LLC
|
Type | Online-Only Auction |
Date(s) | 11/7/2023 - 12/14/2023 |
Auction Date/Time Info |
11/3/2023-12/14/2023
|
Preview Date/Time | By appointment - Call 828-674-7307 |
Checkout Date/Time | Closing within 30 days |
Location |
|
Buyer Premium | 7% Buyers Premium |
Description |
Thank you for your interest! There are property documents at www.wecansellit.net as well as instructions on how to register for bidding.
Potential buyers/bidders are not being allowed to register to bid in this auction until we have received signed copies of the buyer documents and all of the other required listed items that we need. If you would like to access all of the information for the properties, go to www.wecansellit.net where you will find documents for each property (yellow buttons) as well as bidder instructions (red button). The auction is currently underway, but we're waiting for registration information from buyers.
Below are the MLS links for each property. If you have any more questions, please don't hesitate to ask. The only thing that will be in each lot description will be a link to the property documents, MLS links, and the auction website. Everything you need to know about the properties is on the auction website.
MLS Links:
https://matrix.canopymls.com/matrix/shared/yH460PPV6md/129WhistleDrive
https://matrix.canopymls.com/matrix/shared/JCTxBtTW6md/336NMainStreet
https://matrix.canopymls.com/matrix/shared/0RNMY4XX6md/341NMainStreet
https://matrix.canopymls.com/matrix/shared/n27p3N1Y6md/344NMainStreet
John Lynn
Advantage Auction Services, LLC
jlynn@advantageauctionervices.com
wecansellit.net
828-674-7307
NCAL~ 9301, NCAFL ~ 9696, SCAL ~ 4579
|
Terms and Conditions
AUCTION REGISTRATION INSTRUCTIONS, TERMS & CONDITIONS
Thank you for your interest and participation in this auction! Below are
auction instructions (Terms & Conditions, also referred to as T&C) and a
checklist of documents and other items that MUST be submitted before
you will be allowed to register to bid. Until we receive the requested items
below, you WILL NOT be allowed to participate in this auction. NO
EXCEPTIONS! This document is subject to being updated. Bidders will
receive notification if there are any additions, deletions, or updates to this
document.
***SALE IS SUBJECT TO ESTATE APPROVAL. THIS IS NOT AN ABSOLUTE AUCTION.***
If there are any missing items, we will contact you at our earliest
opportunity to inform you of what we are missing from you so you can
complete your registration. This is not an exhaustive list as other
documents may be needed in addition to these mandatory items. In case
of any dispute, the auctioneer’s decision will be the determining factor.
If you want to make an offer on the properties prior to the auction close,
you may do so within 72 hours of the auction close date and time and your
offer will be presented to the seller for consideration. Please note that, per
the seller, only offers for all 4 properties combined (1 offer for all 4
properties) will be considered prior to the auction ending. By North
Carolina state law, you have the right to make an offer on any individual
property, but the seller will only consider a combined offer on all
properties together for acceptance.
You do not have to have a real estate agent to bid on and/or purchase
these properties. If you do have an agent representing you for this sale,
we need that agent’s information so we can register them as being your
agent for this sale. ***If their information is not submitted within 72 hours of
you submitting your registration information, they will not earn a
commission for this sale ***PLEASE don’t leave this information out! If you
decide not to be represented by an agent, the auctioneer will assist you in
completing the sale documents, but you will be an UNREPRESENTED
BUYER and will be responsible for your own decisions during this sale.
When you register to bid, you are registering to place a legally binding
offer on one or all of the properties offered for sale in this auction. There is
a 7% Buyers Premium in effect that will be added to the successful high
bid. The contract price will be the sum of the high bid price plus the Buyers
Premium. A 5% NON-REFUNDABLE DEPOSIT will need to be submitted to
the seller’s closing attorney by the next business day.
There is no fee to register to bid. Should the seller not be able to provide
clear title, the deposit will be returned. The deposit will be applied at
closing to the contract price for the properties. The balance of the contract
price is due at closing. Closing will take place in approximately 30 days.
There is no due diligence period once the auction has ended. Your due
diligence period begins at the start of the auction and ends when the
auction is concluded. Any inspections need to be done BEFORE the
auction ends.
Bidders may tour the property by appointment only. The auctioneer *is*
the listing agent and must accompany anyone walking through the two
houses at 341 and 344 N Main St. There is no lockbox access. The
properties located at 336 N Main St and 129 Whistle Dr have houses on
them, but they are uninhabitable and the properties are being sold as land
and not residential properties. You or your agent can call 828-674-7307 to
arrange for a showing or for an inspector to look at either property.
The sale of these properties is not contingent upon any inspections nor
will the seller provide any requests or compensation for repairs. All
properties are being sold “AS-IS, WHERE-IS, WITH NO WARRANTY OR
GUARANTEES”. The only exception is if the seller cannot provide clear
title.
The two properties with houses on them (341 and 344 N Main St) are both
over 100 years old and could possibly have lead-based paint in them. The
seller has no knowledge of any lead-based paint in either home and has
signed the Lead-Based Paint disclosure as such, but the buyer will need
to do their own inspection if this is a concern.
According to the Rutherford County, NC GIS website, the zoning for all 4
properties is categorized as ‘NONE’. Any lot sizes, square footage
measurements, or anything else on the GIS website is not guaranteed to
be accurate. All maps, drawings, or illustrations provided are for your own
information and are not guaranteed to be accurate. Bidders are
responsible for conducting their own due diligence before the end of the
auction.
All property taxes will be prorated at closing. Seller will pay up until the
day of closing and the buyer will pay the balance for the remainder of the
year. The seller is responsible for deed prep and for providing clear title at
closing
REQUIRED DOCUMENT CHECKLIST
Below is a list of documents that bidders are required to submit in order to
be registered to bid:
1- Clear copy of a government issued photo ID.
2- Proof of funds. This determines your bid limit. Please obscure account #’s.
3- Signed and/or initialed copy of Form 140 Residential Property And Owners’
Association Disclosure Statement
4- Signed and/or initialed copy of Form 141 Mineral And Oil And Gas Rights
Mandatory Disclosure Statement
5- Signed and/or initialed copy of Form 2A9-T Lead-Based Paint Or Lead
Based Paint Hazard Addendum
6- Signed and/or initialed copy of KW Supplemental Provisions Addendum
7- Signed and/or initialed copy of Form 610 Buyer’s Premium Agreement
- Auction Sales
8- Copy of Articles of Incorporation if an entity is going to be the
buyer/bidder
REAL ESTATE AGENT REGISTRATION
If you are being represented by a real estate agent, please provide the
following information to the auction company:
Name: _______________________________________________
Real Estate Firm: ______________________________________
Phone Number: ________________________________________
Email Address: _________________________________________
This information needs to be provided within 72 hours of your registration in
order for your real estate agent to be paid a commission. Failure to do so may
make you liable for any compensation owed to your agent. We do not want this
to happen to anyone, so PLEASE don’t forget or neglect to do this!
REAL ESTATE AGENT INSTRUCTIONS, TERMS & CONDITIONS
Please read the instructions that have been provided to the bidders in the bidder documents folder
accessible by clicking the red button labeled “Bidder Docs” on the auction website. The auction
company web address is www.wecansellit.net. This will help you answer any real estate questions
your client may have.
If you are representing a bidder, please make sure they provide your information to the auction
company within 72 hours of them submitting their registration. The place to include this information
is on the last page of the bidder instructions. You may provide their information to us before they
submit their registration information by filling in their information on the form below. Doing so will
earn you a commission if their information is submitted after we receive this form from you. We are
paying registered agents a 2% commission for this sale. If we don’t receive your information within
72 hours of your client submitting their registration, you will not have earned a commission! Below
are the official Terms and Conditions for agents to follow to earn a commission:
A fee based on the high bid may be paid to an Agent's Broker whose registered
Client purchases property in strict accordance with the terms of the sale
agreement. To qualify for a cooperation fee, the following requirements must be
met with NO EXCEPTIONS:
• The Agent/Broker must identify below the potential purchaser (Client) prior to or within
72 hours of the Client submitting their registration request. If a legal entity is the Client,
the principals must be disclosed. No referral fee will be paid to an agent representing
him/herself. Return this form to homesaleswnc@gmail.com so the information can be
recorded with the auction company.
• The Agent or Broker must personally attend any live auction with the Client and present a
copy of the Confirmation Email of this registration at time of bidder registration. If the Agent
or Broker does not present this confirmation at registration, a referral fee will not be paid.
• The Agent/Broker should fully disclose in writing to the Client at first contact their status as
a Buyer's Agent/Broker or Transaction Broker, if applicable, and the associated
responsibilities and legal ramifications either relationship entails for both the Agent/Broker
and Client. The Agent/Broker shall indemnify and hold harmless Advantage Auction
Services, LLC and the Seller from any liability arising from its conduct relative to the
transaction and sale, and hereby agrees to submit any claims the Agent/Broker may assert
to binding arbitration per the Contract of Sale between Buyer and Seller, incorporated by
reference herein.
• Agent/Broker hereby represents and warrants without limitation to Advantage Auction
Services, LLC and the seller it is a duly licensed Agent or Broker in the State in which the
property to be sold is located, and is in full compliance with all laws, rules and regulations
regarding a real estate licensee. No referral fee will be paid if the Client, who subsequently
enters into a purchase agreement, does not close in strict accordance with the written terms
thereof. In all events, Advantage Auction Services, LLC shall have the sole authority and
right to revoke this offer of compensation and/or determine if and when a referral fee shall be
paid.
REAL ESTATE AGENT BIDDER REPRESENTATION FORM
Please provide the following information regarding your client prior to or within
72 hours of your client submitting their registration information:
Name: _______________________________________________
Address: _____________________________________________
Phone Number: ________________________________________
Email Address: _________________________________________
You may submit this information prior to your client registering to bid. You will be
paid a commission in accordance with the Terms & Conditions if you do so.
Please ensure that your client completes the paperwork in its entirety before
submitting. Any omissions may result in a delay of registration.
Bid Increments
Your bid must adhere to the bid increment schedule.
Bid Amount | Bid Increment |
---|---|
0.00 - 19.00 | 1.00 USD |
19.01 - 49.00 | 2.00 USD |
49.01 - 199.00 | 5.00 USD |
199.01 - 499.00 | 10.00 USD |
499.01 - 999.00 | 25.00 USD |
999.01 - 4,999.00 | 100.00 USD |
4,999.01 - 999,999.00 | 100.00 USD |
999,999.01 - 9,999,999.99 | 10,000.00 USD |
Payment Information
Currency | USD |
---|---|
Buyer Premium | 7% Buyers Premium |
Payment Terms |
5% of contract price must be deposited with a closing attorney. Balance of contract price is due at closing.
|
Shipping / Pick Up
Real estate