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Fixer Upper or Investment Property for Sale in Hiwassee VA

Auction on 02/22/2023 @ 4:00 PM EST
Auction Type: online

Description

Fixer upper for sale in Pulaski County VA. This auction offers a 1,680 square foot home with 3 bedrooms and 1 finished bath. Property consists of two parcels totaling 0.87 acres of level laying land. Home is in need of repairs and is being sold as-is. Property includes a small carport/outbuilding.  Located on Julia Simpkins Road and is close to Claytor Lake and the New River Trail. Bid online today!

Online Auction Ending Wednesday February 22nd @ 4 PM
2709 Julia Simpkins Rd, Hiwassee VA 24347
 

ONLINE BIDDING – Online bidding is now active and runs through 4 PM on February 22, 2023. SOFT CLOSE.

PREVIEW DATES – Thursday February 16th @ 4 PM

DIRECTIONS – From I-81 take exit 94 to Old Route 100 then to Lowmans Ferry Rd, turn right onto Julia Simpkins Rd, property is on right.

CONTACT– Broker & Auctioneer Matt Gallimore at 540-239-2585 or email gallimore.matt@gmail.com or Cole Harris at 540-239-1907 or email charrisrealtor@gmail.com

BIDDER PACK: Download Bidder Pack for complete information on each offering. Bidder Pack has maps, complete terms and conditions, sample contracts, tax cards, and soil work. Some of the plats in Bidder Pack have notations and boundaries created by Auctioneer for illustration purposes, however unchanged surveys are in Bidder Pack as well.

SOFT CLOSE: If a bid is received within the last 3 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 “snipers” and encourages fair and impartial bidding from all participants.

SIMULTANEOUS CLOSE OF LOT BIDDING: Bidders desiring more than one lot will need to be high bidder on all lots desired. Each offering will stay open until all bidding is complete and all offerings will close simultaneously.

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).

GENERAL TERMS AND CONDITIONS: 10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $5,000 required on day of sale (February 22nd, 2023). Close on or before April 6th, 2023. Subject to seller confirmation.  Property sold as is, where is, with any and all faults. Buyer is expected to complete their own due diligence. Auction starts ending at 4 PM on February 22nd, 2023. 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. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps.

 

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 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 on a 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 Buyer’s Broker Participation Fee of (2%) is offered on any pre-auction offers that are properly completed and submitted on the appropriate forms provided by the auction company.