Details
Join us for an exciting real estate auction featuring a charming 1,647 sq. ft. house on 0.334 acres, complete with 3 bedrooms, 2 full baths, and a transformed carport into a delightful, screened porch.
AUCTION DATES:
- Online Bidding Begins: Friday, January 5 @ 12:00 noon and will conclude at the same time of the Live Bidding
- Live Bidding (Off-site): Friday, January 26 @ 12:00 noon
REAL ESTATE ADDRESS:
1040 Moseley Drive, Lynchburg, VA 24502
PROPERTY WAS APPRAISED IN 2023 FOR $245,000.00
OFF-SITE BIDDING SITE:
Bank of the James Building, 828 Main Street, 8th Floor, Lynchburg, VA 24504
PREVIEW DATES:
Contact Sales Manager for details or conduct drive-by inspections.
SALES MANAGER:
Pete Ramsey - (434) 258-6611 | pete@countsauction.com
TERMS:
Listed below.
DIRECTIONS:
From the intersection of Fort Ave. and Wards Rd., travel 0.1 miles west on Fort Ave. to Moseley Dr. Turn right onto Moseley Dr. and go 0.4 miles. The house will be on the right.
ONLINE BIDDING REGISTRATION:
Detailed instructions on how to register for online bidding click here
Don't miss this opportunity to own a unique property in Lynchburg, Virginia! Whether you choose to bid online or participate in the live auction, this simulcast event offers the flexibility you need. For more information, contact Pete Ramsey (434-258-6611), our dedicated Sales Manager.
Note: Contact sales manager for information on previews or through drive-by inspections only. We look forward to your participation in this exciting real estate auction!
Terms and Conditions
AUCTION TERMS AND CONDITIONS:
A 10% buyer's premium will be added to the final high bid to determine the contract price. A 10% deposit is required. If you are the high bidder bidding onsite, you will be required to sign an auction contract immediately after the conclusion of the auction and pay the 10% deposit. This deposit may be in the form of cash or check. No credit cards are accepted. If you are an online bidder, you will be required to sign an auction contract and return it to The Counts Realty & Auction Group no later than 5:00 pm EST Monday January 29, 2024. The 10% deposit must also be received by The Counts Realty & Auction Group no later than 5:00 pm EST Monday January 29, 2024. This payment may be in the form of cash, check, cashier's check, or wire transfer. Credit card payment will not be accepted. Please contact our office for wiring instructions. Purchaser shall be responsible for all wire transfer fees or cashier's check fees.
Inspection: Property is being sold AS-IS, WHERE IS with all FAULTS with no representations or warranties of any sort. While all information provided is deemed to be reliable, they are not guaranteed and do not constitute a warranty, either expressed or implied. All bidders are responsible for doing their own due diligence.
Terms: All online bidders must register to bid online by registering at countsauction.com. Bidders may execute bids either at countsauction.com or by downloading the Counts Realty & Auction Group app. The property is sold in "AS - IS" condition and is not contingent upon bidder's financing, condition of the property, appraisal, or inspection. Bidders shall rely on their own information, judgement, and inspection of the property. Title will convey via marketable title, free and clear of all liens. The property taxes will be prorated as of the date of closing. The closing will take place within 30 days of the auction date unless specified otherwise or as soon thereafter as necessary to correct any defects in the title. Day of sale announcements take precedence over any previous printed materials, or any other oral statements made.
Bid Increments: Once the live portion of the bidding starts, the auctioneer determines the bid increments as well as the pace of bidding.
Bidder Verification: The identity of all bidders will be verified. Bidding rights are provisional, and if complete verification is not possible, Counts Realty & Auction Group may reject the registration and bidding rights may be terminated.
Online bidders: Registration will require a $1,000 hold be placed on your credit card so you can be approved to bid. Once you have registered online, please call Counts Realty & Auction Group at 434-525- 2991 so we can process your credit card information and approve you for bidding. At the conclusion of the sale and you are not the high bidder, the credit card hold will be released and will be available in 3 to 7 business days. If you are the high bidder on the property, Counts Realty & Auction Group will contact you to make arrangements for Contract signing and deposit payment. If you fail to execute the contract and return it along with the required deposit by 5:00 pm Monday January 29, 2024 to the Counts Realty & Auction Group, you will be considered in default and subject to legal action. Your credit card will be charged $1,000.
Default: If the closing does not occur for any reason whatsoever, other than solely due to the fault of the Seller, Seller shall retain the earnest money deposit. This provision shall in no way affect the right of the Seller and/or The Counts Realty & Auction group to exercise any legal remedies or recourse available, including without limitation, seeking specific performance or monetary damages. Purchaser agrees to pay all attorney fees, court costs, and other costs of collection/enforcement incurred by the Seller and/or The Counts Realty & Auction Group.
Controlling Law: The respective rights and obligations of the parties with respect to the Terms and Conditions of Sale and the conduct of the sale shall be governed by the laws of the Commonwealth of Virginia.
Acceptance of these Terms and Conditions is acknowledged by placing a bid either in person, via telephone, or online.
