Details
SITE: ONLINE ONLY
HOW TO REGISTER TO BID: View the "Instructions on how to register to bid online" document under the "Downloads" section under the map on this page. Please be sure to read the entire document to avoid confusion.
DATE: Open for bidding on October 11, 2022 at 11:00am and close on November 11, 2022 at 11:00am
SALES MANAGER: George McDaniel (434) 546-9235
Terms and Conditions
GENERAL TERMS OF SALE: All interested parties must register and be approved by the Auctioneer. Registration and bidding are done through the Auctioneer’s website https://www.countsauction.com/. If any interested bidders wish to bid on property, but are unable to do so online, please call (434) 546-9235 for assistance. In order to qualify as a purchaser at this auction you may not owe delinquent taxes to the County or Town of Bedford. The Treasurer has the right to reject any bids determined to be unreasonable in relation to the estimated value of the Property. Any unsold property will be offered for sale again at the next auction, whenever that may be.
Properties are offered for sale as-is, where is, with all faults and without any warranty, either expressed or implied. Persons are encouraged to make a visual inspection of the property within the limits of the law and to obtain an independent title search, at their own expense, prior to bidding on any of the properties to determine the suitableness of the properties for their purposes. It is not guaranteed that the property has a right-of-way or that it is not landlocked. Property is sold in gross and not by the acre. There is no warranty as to the accuracy of the GIS system, nor is the information contained therein a legal representation of any of the features of the property which it depicts.
The highest bidder will receive their purchase contract and balance due via email following the close of the auction. The contract shall immediately be executed and returned to TACS. There will be a buyer’s premium of 10% of the highest bid or $150.00, whichever is greater, added to the winning bid, and deed recordation costs, as determined by the Bedford County Circuit Court, added to the winning bid to determine the final contract price. The final contract price must be received in full no November 18, 2022. Time is of the essence. All payments must be made in the form of certified funds, cashier’s check, money order or wire transfer. Cash and personal checks will not be accepted. Checks and money orders shall be made payable to Bedford and forwarded to TACS, at the address shown below. Wire transfer instructions will be provided to the highest bidder upon request.
Properties are conveyed by Special Warranty Deed, subject to any easements, covenants, agreements, restrictions, reservations, and any and all rights of record which may affect the property. Subsequent taxes will be prorated from November 11, 2022, and the highest bidder will be responsible for taxes from that date forward.
The sale of property to the highest bidder is not contingent upon obtaining financing. Financing, if needed, is the sole responsibility of the high bidder. By bidding, parties are entering into a legally binding contract, waive all rescission rights, and understand that their bid is immediately binding, irrevocable, and enforceable. Additionally, by bidding, parties are representing that they have read, and agree to be bound by, all terms and conditions for this sale. Failure to complete the property purchase will result in forfeiture of any funds paid and may subject the highest bidder to additional damages, which may include expenses and any deficit upon resale.
Questions concerning the registration and bidding process should be directed to the Auctioneer online at https://www.countsauction.com/, by email to gmcdaniel@countsauction.com or by phone to (434) 546-9235. Questions concerning the property subject to sale should be directed to TACS online at www.taxva.com, by email to taxsales@taxva.com, by phone to (804) 893-5176, or by writing to the address below.
Re: County and Town of Bedford Non-Judicial Sale Auction
Taxing Authority Consulting Services, PC
P.O. Box 31800
Henrico, Virginia 23294-1800
