Live Webcast Auction
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Price Realized:
66,000.00 USD
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Price Realized 66,000.00 USD
Date Sold 2022-08-24T00:00:00
Date(s)
7/27/2022 - 8/24/2022
Bidding Notice:

This is a Live & Online Simulcast auction. Pre-bidding is available now; the LIVE auction will start on Wednesday August 24, 2022 at 4:30 PM. Bidding can take place online or at the live auction. The live event will be held at 314 Kilgo Street Clayton NC 27520. DO NOT WAIT until the last day to register for this auction; you may lose out on bidding if there are any complications with the system. ... Show More

Auction Notice:

Bidding confirms you have inspected the property, read the Terms and Conditions, and reviewed the sample contract and any other linked documents.


Information
Lot # 1
Group - Category Real Estate - Residential
Lead Kilgo Street Clayton NC 27520
Description
PIN: 1659-12-4320 *ORIGINAL PIN - Acres: 0.36 - Zoned: R-6 Utilities: City Water available Lot 1 is a 15,000 + sq ft. vacant, partially wooded building site facing the new Clayton Municipal park and Splash Pad. This site is the ideal infield building site with all the recent improvements to this area by the Town of Clayton. Convenient to the park and downtown also. Buyers should rely on their own inspection & investigation prior to bidding and/or purchasing property. Johnson Properties; does not make any representations or warranties, expressed or implied, concerning the property. 7% Buyer's Premium will be added to the high bid price for internet bidders to derive at the contract price. 10% Earnest Money (EM) deposit in the form of a certified check, or cash is due on day of sale. The balance of the contract purchase price will be due at closing, within 30 days.
Name The Doris Southerland Estate (Deceased)
Auctioneer
Type Live Webcast Auction
Date(s) 7/27/2022 - 8/24/2022
Auction Date/Time Info
Wednesday August 24, 2022 at 4:30 PM
Preview Date/Time Wednesday, August 24th from 2:30 until 4:30 pm (auction time! or by appointment)
Checkout Date/Time Wednesday August 24, 2022 at 4:30 PM
Location
Buyer Premium 7% online
Description
This is notice of a very important upcoming auction in Clayton, NC. Team JP has been chosen to assist Mrs. Southerland's Family with offering the home and an adjacent building site in an Online / Live / Onsite Auction! The home is just across from the Clayton Municipal Park that is almost completed! The Splash Pad is open and a super addition to the fields, basketball goals and shelters. This is a great opportunity to invest in a thriving part of Clayton.
1. BUYERS PREMIUM: Real Estate: A 6% (onsite) or a 7% (online) buyer’s premium will be added to the successful bidders high bid and will be included in the total contract purchase price. These properties will be sold absolute. 2. CONDITIONS: The information contained on this web site and all related auction materials are subject to the terms and conditions of the CONTRACT OF SALE. Buyer’s complete inspection of property is encouraged. Title X: Under Title X, the purchaser of a single family residence built prior to 1978 has a maximum of ten (10) days to conduct a risk assessment or inspection of the property for the presence of lead-based paint and/or lead-based paint hazards. *3. BROKER PARTICIPATION WELCOME: Any broker actively licensed in North Carolina whose agent properly registers the successful high bidder, will be paid a 2% commission, based on gavel price, at settlement by the seller. Registration must be on a Johnson Properties Realtors & Auctioneers Inc. Broker Pre-Registration Agreement. The properly completed agreement must be received in the office of Johnson Properties Realtors & Auctioneers Inc. no less than 48 hours prior to the auction. Additionally, agent must attend sale and co-register with prospect on Auction day. Only the first agent to register the high bidder will be paid a commission. Agents acting as principals, on behalf of other licensed real estate agents or on behalf of family members, or who represent prospects who have had prior contact with the Seller or Auction Company are not eligible. Brokers may pre-register only one potential buyer. 4. DEPOSIT: A 10% Earnest money deposit is required on day of sale. Balance due on or before 45 days post auction. 5. AUCTIONEERS DISCLAIMER: All information contained herein is provided without representation or warranty as to the accuracy of the same. Buyers shall rely on their own judgment and inspection. Property to be sold AS IS, WHERE IS, with all faults if any. The Auction Firm and Sellers reserve the right to entertain any reasonable offers, which may be accepted, prior to the auction. 6. ATTENTION AUCTION BUYERS: We suggest that you arrive one hour prior to the auction in order to register and have any last minute questions answered. NCAL: #7340
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 5,000.00 USD
Currency USD
Buyer Premium 7% online
Payment Terms
A ten percent (10%) earnest money deposit is required in the form of a certified check, cash or wire transfer. The earnest money deposit is due within 72-hours of the close of the auction, with the balance of the contract purchase price due at closing within 45 days. Purchaser shall be responsible for all wire transfer fees ($25). The property is being sold absolute.
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Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.