Live Webcast Auction
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High Bid: 0.00 USD
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Date(s)
10/3/2024 - 11/12/2024
Bidding Notice:

This is a Live & Online Simulcast auction. Pre-bidding is available now; the LIVE auction will start on Tuesday, November 12th 12 noon. Bidding can take place online or at the live auction. The live event will be held at the Sampson County Exposition Center 414 Warsaw Rd, Clinton, NC 28328. DO NOT WAIT until the last day to register for this auction; you may lose out on bidding if there are any ... Show More

Auction Notice:

Auction Date/Time: Tuesday, November 12th 12 noon Auction Location: Sampson County Exposition Center 414 Warsaw Rd, Clinton, NC 28328


Information
Lot # 1
Group - Category Real Estate - Residential
Lead 301 Shields St
Description
301 Shields St 0.239 acres Single Family This home is right around the corner from Royal Lane Park! This park includes 6 multi sports fields, 5 baseball fields, paved walking track, 3 playgrounds, a nature trail, amphitheater, 2 picnic shelters and an outdoor pool! Sampson County Parcel: Zoning: Residential Utilities: City water, sewer Clinton City tax rate: 0.34 County Tax Rate: 0.625 Clinton School District Tax Rate: 0.115 Primary School: Sunset Ave Elementary/Butler Avenue Elementary Middle School: Sampson Middle School High School: Clinton High School
Name Huge Rental and Investment Property Auction
Auctioneer
Type Live Webcast Auction
Date(s) 10/3/2024 - 11/12/2024
Auction Date/Time Info
Auction Date/Time: Tuesday, November 12th 12 noon Auction Location: Sampson County Exposition Center 414 Warsaw Rd, Clinton, NC 28328
Preview Date/Time Auction Date/Time: Tuesday, November 12th 12 noon Auction Location: Sampson County Exposition Center 414 Warsaw Rd, Clinton, NC 28328
Checkout Date/Time Auction Date/Time: Tuesday, November 12th 12 noon Auction Location: Sampson County Exposition Center 414 Warsaw Rd, Clinton, NC 28328
Location
Buyer Premium 7% Online
Description
Investors take note! This will be a grand opportunity to invest in rental properties including single family homes on large lots as well as duplexes and triplexes. Many are currently rented and some are vacant. This is perfect for people just starting in the rental business as well as folks looking for their forever home since lots of the homes are on spacious in town lots! Most all of the homes are either brick or vinyl exterior keeping exterior maintenance to a minimum with city water and sewer. This is great for enlarging your real estate holdings or just a great time to start a new venture! Buy from 1 up to the entire portfolio at absolute auction! This is a rare chance to invest in your family's future and / or find your forever home! Auction Date/Time: Tuesday, November 12th 12 noon Auction Location: Sampson County Exposition Center 414 Warsaw Rd, Clinton, NC 28328 Sampson County Parcel: Zoning: Residential, Multi Family Utilities: City water, sewer Clinton City tax rate: 0.34 County Tax Rate: 0.625 Clinton School District Tax Rate: 0.115 Primary School: Sunset Ave Elementary/Butler Avenue Elementary Middle School: Sampson Middle School High School: Clinton High School
1. BUYERS PREMIUM: Real Estate: 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. 2. CONDITIONS: The information contained on this website and all related auction materials are subject to the terms and conditions of the CONTRACT OF SALE. Buyer’s complete inspection is encouraged prior to bidding and/or purchase. Inspection of all terms on the online bidding site, Johnson Properties Website, and all posted material on auction day at the auction, is recommended. 3. DEPOSIT: A 10% Earnest money deposit is required on the day of sale. Balance due on or before 45 days post auction. Earnest money deposit is nonrefundable and cannot be paid with a credit card. 4. 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 is being sold AS IS, WHERE IS, with all faults if any. A portion of the property may be sold absolute and the remainder subject to confirmation. Please listen closely to the auction day terms and/or see the posted information on auction day as they may be updated at the seller's request. Johnson Properties reserves the right to bid on behalf of the sellers. The Auction Firm and Sellers reserve the right to entertain any reasonable non contingent offers, which may be accepted, prior to the auction. 5. 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 6. Title X: Under Title X, the purchaser of a single-family residence built prior to 1978 has a maximum of ten (10) days to conduct a risk assessment or inspection of the property for the presence of lead-based paint and/or lead-based paint hazards. (IF APPLICABLE) 7. MULTI-PAR: All parcels will be offered for sale in a public outcry Online/Live/Simulcast Auction with the assistance of the MULTI-PAR SM Bidding System. The auction will consist of multiple rounds of bidding allowing a prospective buyer to bid on any parcel, combination of parcels, or the entire offered property. The MULTI-PAR SM system allows successful initial bidders the opportunity to re-enter the auction after initial combinations have been opened. It is essential for winning bidders (both online and onsite) to remain at the auction until the sale is declared final and over. An initial bidder may go from a winning position to a losing position and back to winning without ever raising their bid! This applies to all online as well as all in person bidders. For a complete description of this process prior to auction day, please contact Johnson Properties.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 5,000.00 USD
Currency USD
Buyer Premium 7% Online
Payment Terms
A ten percent (10%) earnest money deposit is required in the form of a certified check, cash or wire transfer. The earnest money deposit is due within 72-hours of the close of the auction, with the balance of the contract purchase price due at closing within 45 days. Purchaser shall be responsible for all wire transfer fees ($25).This property will be sold subject to seller confirmation.
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