Lot # : 1 - Fixer-Upper Farmhouse for Sale in Floyd VA

Ends Wednesday, July 24th at 4 PM

Discover the potential of this spacious +/- 9.71 acre property which is settled in the mountains of Floyd, VA. This property boasts a +/- 2,900 sq ft farmhouse with 5 bedrooms, offering ample room for customization and renovation. Ideal for those seeking a project, this fixer-upper presents a unique opportunity to create your dream mini-farm. The property features fenced pastures, a barn, and a pole shed, providing plenty of space for livestock or agricultural pursuits. A natural spring and a tranquil creek enhance the charm of the land. Embrace the rustic beauty and potential of this Floyd County gem. Whether you envision a private homestead, a hobby farm, or a serene getaway, this property invites you to bring your vision to life. Don't miss out on this chance to own a piece of countryside paradise! Online Auction Ends Wednesday, July 24th at 4 PM 415 Thunderstruck Rd., Floyd, VA 24091 PREVIEW DATE: Friday July 12th, 2024 at 3 PM CONTACT: Auctioneer Matt Gallimore at 540-239-2585 or email Gallimore.Matt@gmail.com. You can also contact Realtor Cole Harris at 540-239-1907 or email CHarrisRealtor@gmail.com DIRECTIONS: From Floyd – Take Christiansburg Pike for 6.4 miles then turn left onto Thunderstruck Rd / After 0.6 miles, property is on right marked by sign BIDDER PACK: Download Bidder Pack for complete information. Bidder Pack has maps, complete terms and conditions, sample contracts, tax cards, and more detailed property information. SOFT CLOSE: If a bid is received within the last 2 minutes of the auction, the auction close time will automatically extend 2 minutes to allow other bidders an opportunity to competitively bid prior to the auction closing. This feature eliminates “snippers” and encourages fair and impartial bidding from all participants. BUYER’S PREMIUM – TEN PERCENT (10%): Buyer’s Premium shall be added to the final online bid, which will determine the Total Contract Sales Price. Bidders hereby acknowledge and understand that the Buyer’s Premium will be added to the winning bid to create the Total Contract Sales Price for which they are obligated to pay for the property. Example: (winning online bid $100,000 + 10% buyer’s premium = total purchase price of $110,000). Buyer’s Premium is not due until closing. PRE-AUCTION SALES: As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all of the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest money deposit. Properly submitted offers will be presented to the Seller in a timely manner. Seller may accept or reject such offer at their sole and absolute discretion. When a pre-auction offer is submitted, all properly registered online bidders will be notified that “an offer” has been submitted and on which specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for seller’s acceptance. A Broker Fee of 2% (of the High Bid Price) is offered to a cooperating VA State Licensed Real Estate Broker on any pre-auction offers that are properly completed and submitted on the appropriate forms provided. Download Bidder Pack for Online Bidder’s Agreement, maps, sample contracts, and property information. TERMS & CONDITIONS: 10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $10,000 is required on the day of sale. Close on or before September 9th, 2024. Subject to seller confirmation. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence before placing a bid. Auction starts ending at 4 PM on July 24th, 2024. Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes. Be sure to register to bid early to ensure you receive notifications regarding any changes to the Auction, Bidder Packet and/or Pre-Auction offers received. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps at VAAuctionPro.com