Details
***CANCELLED***
AUCTION DATE: Friday, October 11, 2024 @ 12:00 noon
LOCATION OF PROPERTY: 1927 and 1953 Nottingham Road, Gate City, VA 24251 (Scott County)
LOCATION OF AUCTION: Off-site bidding location: Scott County - Circuit Courthouse, 202 West Jackson Street, Gate City, VA 24251
PREVIEW DATES: Drive by inspections only. Contact the sales managers for more information.
SALES MANAGERS:
George McDaniel - 434-546-9235 - gmcdaniel@countsauction.com
Pete Ramsey - 434-258-6611 - pete@countsauction.com
PROPERTY INFORMATION:
Video of the property: https://youtu.be/dpJLfdEbBn0
Don't miss this opportunity to bid on a 140-acre property with a 1,956 sq. ft. home in Scott County, VA. This absolute trustee auction features a diverse landscape, including wooded areas, open fields, and a creek along Nottingham Rd. The property offers approximately 665 feet of road frontage on Nottingham Rd, providing easy access and beautiful natural surroundings.
Interactive map: https://id.land/ranching/maps/401c6fe9a46fc9ba6157e59b2935cf7d/share
Property Features:
- House Size: 1,956 sq. ft. with a heat pump and services by well and septic system.
- Land Size: 140 acres of mountainous terrain with open fields and wooded areas.
- Creek: A natural creek runs through the property along Nottingham Rd.
- Road Frontage: Approximately 665 feet on Nottingham Rd.
- Location: Situated in the scenic area of Gate City, VA in Scott County.
- Additional Note: The mobile home on the property does not convey.
Inspection Information: There are no scheduled preview dates for this property. Interested buyers are encouraged to drive by and explore the property at their convenience.
For more details or inquiries, contact our sales managers:
Pete Ramsey - 434-258-6611
George McDaniel - 434-546-9235
Directions:
From the intersection of Rt. 421S/58E and Rt. 224 to the southeast of Gate City, turn onto Rt. 421S/58E and go 1.7 miles to Nottingham Road. Turn right onto Nottingham Road and go 0.8 miles. The property will be on the right.
Buyer's Premium: 10%
Terms: A deposit of $15,000.00 in certified funds is due on sale day with the balance due at closing in 30 days. Full terms listed below.
Terms and Conditions
Terms and Conditions
Terms & Conditions:
A 10% buyer's premium will be added to the final high bid to determine contract price. A deposit of $15,000 in certified funds is due on sale day with the balance due in 30 days from the sale date. The high bidder will be required to sign a contract the day of the sale and pay the deposit. NOTE: By bidding at this sale, the Buyer hereby acknowledges receipt of and agrees to all these Terms and Conditions.
Due Diligence: Any reliance on the content of information provided shall be solely at the recipient's risk. All information is believed to be correct but is not guaranteed. Bidders must conduct and rely solely upon their own due diligence. The property is being sold "AS-IS" with all faults.
Controlling Law:
The respective rights and obligations of the parties with respect to the Conditions of Sale and the conduct of the sale shall be governed and interpreted by the laws of the Commonwealth of Virginia. By making an offer at the sale, whether present in person or by agent, written offer, telephone, online or other means, the participant shall be deemed to have consented to the jurisdiction of the state and federal courts of the Commonwealth of Virginia.
Acceptance of the terms is acknowledged by placing a bid.
Compliance:
For the purpose of ensuring compliance with applicable federal regulations restricting “related party” transactions by Farm Credit of The Virginias, ACA (Bank), Purchaser represents and warrants to Bank that as of the date of this Contract, Purchaser is not an employee, director, or officer of Bank or an immediate family member (meaning spouse, parent, sibling, child, step child, parent-in-law, sibling-in-law, or daughter-in-law) of any employee, director, or officer of Bank.
If Purchaser is a corporation, partnership, limited liability company, or other entity, Purchaser represents and warrants that none of its manager(s) or owner(s) are related parties of Bank as described above, unless Purchaser is a public company whose entity is traded on a national recognized exchange, in which case, only a controlling interest shall be considered for purposes of this representation.
If Purchaser is a trust, Purchaser represents and warrants that neither is trustee(s) nor its beneficiaries are related parties of Bank as described above.
