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Court Ordered Auction in Forest VA

Auction on 12/04/2024 @ 3:00 PM EST
Auction Type: online

Description

Court Ordered Auction in Forest VA

This +/- 1.58 acre lot with well and septic would make a great home site. It is convenient to Lynchburg, VA. Located in Bedford County, right behind Owens Market on 460 E. Any personal property left on the property 30 days after closing, becomes property of the purchaser. Singlewide mobile home currently located on property may be removed prior to closing, however if it remains on property 30 days after closing, becomes property of the purchaser. Property is a court ordered sale, and subject to court approval.

Online Auction Ends Wednesday, December 4th at 3 PM
1718 Blackwater Rd., Forest, VA 24551

CONTACT: Auctioneer Andy Pribble at 434-426-5573 or email PribbleAuctionGr@aol.com.

DIRECTIONS: From Bedford VA take Rt 460 East towards Lynchburg, turn right on Rt 668 (Blackwater Rd). Property is on the 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 restrictions. Some of the plats in Bidder Pack may 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 2 minutes of the auction or after 3 PM, 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.

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.

TERMS & CONDITIONS: 10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $5,000 is required on the day of sale. Close on or before January 3rd, 2025. Any personal property left on the property 30 days after closing, becomes property of the purchaser. Property is a court ordered sale and is subject to court approval. 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 3 PM on December 4th. 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 for every bid placed. 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.