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Auctioneer's
Note: This
property features two homes, old barn and shed on approximately 9
+/- acres. The older home is used exclusively for storage while the
newer home has been recently lived in. The newer home is a two
bedroom frame home in solid condition with surround porch, basement,
dine in kitchen and single bath. Home could use some updating and
a new heating system. The 9 +/- acres located at streets end offers
several acres of cleared land for livestock and gardening with small
branch on back of property and five acres of woodland. This
property is ideally situated and located for the individual who wants
to invest in rentals and or mobile home park set ups, with
super privacy and small farm potential all less than 21/2 miles from
downtown. (Tax ID # 1400088, current tax value is $104,360.00)C-ya on the 1st @ 12 NOON!!
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Terms (Real Estate Property)
MEMORANDUM OF TERMS AND CONDITIONS
ABSOLUTE AUCTION - MARCH 1ST 2014 12:00 NOON
ESTATE OF REBA B. DANCY by CLYDE DANCY, ADMINISTRATOR
220 SPARROW LANE, NORTH WILKESBORO, NC 28659
1. The Real Estate sells strictly “AS IS, WITH ALL
FAULTS”. No warranties are given or implied. No
improvements/repairs will be made by the owners/sellers.
All information is believed to be correct but is not guaranteed.
Prospective purchasers are required to have all necessary/desired
property inspections that constitute a condition of sale completed
prior to the auction. It is the purchaser’s responsibility to
conduct his/her own due diligence, and must understand he/she is buying
the property entirely upon his/her own examination and opinion.
The information contained herein has been obtained from sources deemed
reliable and although every precaution has been taken to insure its
accuracy neither the seller or Great State Auction Company nor any of
their agents will be responsible for any errors or omissions contained
herein. All square footages are approximate. Insurable
Title will be delivered by NC General Warranty Deed.
2. All potential bidders are to provide a bank letter
of guarantee (for earnest money checks only) unless prior approval by
Auction Company and/or owner has been obtained. The successful Bidder
will be required to sign all necessary documents which may include:
Auction Offer to Purchase Sales Contract, Terms and Conditions
Memorandum, Bidder Certification Statement and an Agency Disclosure
Statement.
3.
A non-refundable
deposit of Twenty Five Hundred Dollars ($2,500.00) will be
required at time of sale, to be held in Escrow by Greg Brewer,
Attorney, East Main Street, Wilkesboro. Balance of PURCHASE PRICE is
due upon transfer of
title, on or before March 21th, 2014. Your down payment is
non-refundable unless the Seller cannot pass a clear insurable
title. Your non-refundable down payment must be in the form of
CASH, CASHIER’S CHECK or an APPROVED PERSONAL CHECK (if you have
sufficient identification such as a valid Drivers License and Social
Security Card, etc.) Absolutely NO Second Party Checks accepted.
4. Buyer’s inability to secure a loan for the balance
of the sales proceeds is not an excuse to void the sale/purchase.
“REAL ESTATE SELLS ABSOLUTE”
ANY ANNOUNCEMENTS MADE DAY OF SALE SUPERSEDES ANY PRINTED MATERIAL.
REAL ESTATE BROKERED BY (As Agent of the Seller) W. Randall Woodruff, d/b/a
GREAT STATE AUCTION COMPANY, 104 E. MAIN ST, WILKESBORO, NC 28697
NC Real Estate Brokers License #33312, NC Auctioneers License #6868
Buyer’s agent fees are the sole responsibility of the buyer.
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