Estate Auction - 4 Properties in NC & VA | Rogers Auction Group | Rogers Auction Group

1st Sale - 10:00am - 1504 Old Hwy 601 (OPEN HOUSE May 13th 3-6pm) 2nd Sale - 12:00pm - Hwy 52S & Charlie Norman Road 3rd Sale - 1:00pm - Hwy 52N 4th Sale - 1:00pm - Reedside Drive, Fancy Gap, VA

Estate Auction

4 Properties

Saturday, May 18th

 

1st Sale - 10:00am - 1504 Old Hwy 601, Mt. Airy, NC (White Plains Community)

OPEN HOUSE: Monday, May 13th 3:00pm-6:00pm
 
Enter foyer from front porch, also enter from side porch. 3 Bedrooms.
House has hardwood floors with some carpeting & tile. Sheetrock & painted walls. Living room, hall, kitchen and dining room are wainscoted with sheetrock above and some walls painted. Solid wood doors, lots of birch cabinets.
Range, Refrigerator, Dishwasher, Microwave, Washer & Dryer, Window Treatments stay.
Basement is fully carpeted and has birch storage cabinets. Trane heat pump.
Brick Patio in back. Attached double garage with painted walls.
City water available.
Large 2 Acre lot—paved circle drive—Move In Ready
Surry Co. Tax Parcel ID 5918-00-43-4780

 

2nd Sale—12:00pm—9.5 Acres Zoned B4 Highway Business


Located on corner of Hwy 52 South & Charlie Norman Road with long frontage on both roads. No public water or sewer.
Surry Co. Tax Parcel ID 5939-00-86-2835

 

3rd Sale—1:00pm—50x210 Parcel on Hwy 52 North Zoned B4 Highway Business


Located next to Carolina Carports (former Bright Leaf Drive In Theater).

Public Water on Hwy 52 & Sewer Manhole.

Surry Co. Tax Parcel ID 5020-10-35-1086

 

4th Sale—1:00pm—18± Acres in Fancy Gap, Virginia


18 ± Acres off of Chances Creek Road on Reedside Drive with long frontage. Nice stream, mostly open land with great mountain view, near I77.

Carroll County, VA Tax ID 114-A-13, BK. 917, PG. 417

 

 

10% Buyer's Premium

10% Deposit due day of sale

30 Days to close

Sells AS IS

 

Bracky Rogers, Auctioneer/Sale Manager

NCAL #685   VAAL #2

 

Real Estate with Bidder's Choice Bidding - Onsite
PLEASE DO NOT BID UNTIL YOU HAVE READ THESE TERMS AND CONDITIONS OF SALE.

Real Estate is subject to sale prior to the auction.

AS IS: The real property will be offered at public auction with live bidding onsite. All improvements, buildings, sheds, structures, etc., sell with the property. The property and all improvements, if any, will be sold on an AS-IS, WHERE IS, WITH ALL FAULTS, conditions, defects, or flaws. The buyer agrees to take the property in the condition existing. No representations or warranties, expressed or implied, concerning the property are made by neither the sellers nor the seller's agents. Descriptions of the improvements and property are believed to be correct but are not guaranteed. You are encouraged to conduct your inspections and due diligence prior to bidding and buying at the auction.

EASEMENTS and RIGHT OF WAYS: The real estate is being sold subject to any and all easements or right of ways. Lease payments or rents, if any, will be pro-rated at closing.

ALLOTMENTS and MINERAL RIGHTS: Crop allotments, mineral rights, timber rights, water rights, if any, will transfer with the deed or title.

HOA, POA, and RESTRICTIVE COVENANTS:  The real property is being sold subject to restrictive covenants and homeowner's association rules, regulations and dues and county zoning, if any.

METHOD OF SALE:  The auction company has the sole discretion to determine the combinations of lots and tracts and bidding increments. The auction company has the sole discretion to determine the highest and winning bidders. The auction company will conduct the auction under what is known as ultimate choice or high bidder's choice. Bidders are obligated to purchase any single lot, tracts or combinations of lots or tracts that remain after another bidder(s) has out bid or placed higher bids on any single lot, tract or combination of lots or tracts made by the previous bidder.

MINIMUM BIDDING INCREASES FOR BIDDER'S CHOICE COMBINATIONS: 5%

SURVEY:  The property will be sold subject to an existing survey, if any or the existing legal description.

PERK TEST: Perk test are the responsibility of the buyer and the contract is not contingent upon the soil having a satisfactory perk.

FINANCING: The sale is not subject to financing. Failure to close for ANY REASON WHAT SO EVER will result in the forfeiture of the deposit. NO EXCEPTIONS.

DEPOSIT REQUIRED AT AUCTION: Terms are for a deposit of 10% of the purchase price on site at the auction in cash, cashier's check or a check with a bank letter guaranteeing funds.

PURCHASE CONTRACT: Buyer will be required to execute a Real Property Auction Purchase and Sale Contract on site and submit their deposit.

NO CONTINGENCIES: The purchase and sale contract is not subject to any buyer contingencies for financing, appraisal, surveys, inspection or any other contingencies.

AGENCY: Buyer will be asked to sign an agency disclosure form stating that buyer is aware that Rogers’ agents represent the seller. Rogers' agents represent the seller and the seller's interest in the transaction.

ENVIRONMENTAL:  There are not any environmental studies, phase 1, phase 2, or phase 3 studies for review. There are not any soil or water studies for review.

PERSONAL PROPERTY: There is no personal property or merchandise being transferred with the real property of value.

CLOSING: Closing is to take place in not more than 30 days from the date of the auction. TIME IS OF THE ESSENCE. All closing costs for the benefit of the buyer such as appraisals, surveys, loan applications, inspections, title searches, title insurance, etc. are the responsibility of the buyer. The seller is not paying for any of the buyers closing costs. . The deed paid for by the sellers, the deed stamps paid by the sellers, and recording fees to be paid by the buyers. Real estate taxes are pro-rated at closing.

BUYER'S PREMIUM: A buyer's premium of 10% is added to the last and highest bid to determine the contract purchase price. For example, if the high bid is $100,000.00, a buyer's premium of $10,000.00 is added and the purchase price would be $110,000.00

POSSESSION: Possession will be given at closing, subject to existing leases, if any.

ABSOLUTE/RESERVE: This auction is conducted subject to a reserve price established by the seller.

BID RIGGING: Bid rigging is a felony. Any attempt by bidders to chill the bid, agree with other bidders not to bid to attempt to lower the price is bid rigging. Anyone suspected of bid rigging will be asked to leave the auction site.

DISPUTED BIDS AND INCREMENTS: In case of a dispute over who is the high bidder, the auctioneer has the sole discretion to determine the high bidder. The auctioneer has the sole discretion to determine the live auction bidding increments.  

QUALIFIED BIDDERS:
Auctioneer reserves the right to refuse to register any prospective bidder for any reason, or to require a cash deposit from a prospective bidder of an amount designated by Auctioneer and paid in advance by the prospective bidder to Auctioneer. Such deposit will be applied to any purchases made at the auction by the prospective bidder. At the end of the auction, Auctioneer will refund any portion of this deposit that has not been applied to purchases. Furthermore, Auctioneer will require the removal of any person from the auction site for any reason including, but not limited to: (1) tampering with auction lots; (2) any illegal conduct including collusive bidding or stealing; (3) disruptive behavior; (4) failure to abide by these terms; and (5) intoxication. Bidder agrees to leave the auction site immediately and quietly upon request by Auctioneer. Any act of theft, vandalism or disruption will be prosecuted to the fullest extent of the laws.

It is the duty of the bidder to present thier bid to the auctioneer and not that of auction support staff, auction ringmen, auction bid assistants, or the auctioneer.

DISPUTES: Any disputes that arise between the auction company, the seller, the seller's agents and the buyer will be dealt with by arbitration in Surry County, North Carolina.

DISCLAIMER: The auction company provides data, advertising, maps, that is believed to be correct but it is not guaranteed. Bidder's should rely on their own inspections and due diligence prior to bidding. Everything sells strictly AS IS. The auction company makes every effort to describe assets to the best of its ability but there are no guarantees as to the condition, quantity, condition, age, color, or value of the real property sold at auction. The buyer agrees that buyer may not cancel purchase for any reason. The buyer agrees to abide by the terms and conditions of sale.

DEFAULT BY HIGH BIDDER/BUYER: In the event of a default by the bidder/buyer the seller may resale the property to another bidder/buyer and in the event the property sells for less money than the original price the seller may seek the difference from the original bidder/buyer. The seller may have other rights to pursue damages or costs from the defaulted bidder/buyer as allowed by law.

The bidder agrees to all terms and conditions of the auction and should read the detailed terms.

LICENSES: NC Firm #685, VA Firm #2, SC Firm # 1874


    Learn more