BANK OWNED REAL ESTATE AUCTION
ABSOLUTE ONLINE ONLY AUCTION
W/ BID CENTER
**Selling Regardless of Price**

 Western NC

Alexander, Ashe, Avery, Caldwell, Watauga & Wilkes Counties, NC

 Wednesday, January 30, 2013

through

Friday, February 15, 2013 - 2 p.m.

 Selling Free & Clear Of All Liens
All Taxes Paid Up to the Day of Closing by the Seller

BID  CENTER LOCATION
Town of Wilkesboro Civic Center, 1241 School Street, Wilkesboro, NC 28697.

Bid Center will be open for bidding on Friday, February 15th, from 1:00 PM until the last bid is placed. Please join us here if you wish to bid in person, or want to follow the ending of the auction. There is a 10 minute extended bidding period which may be decreased at the discretion of the auctioneer.

PROPERTY DESCRIPTION
Lots and Tracts are Located in Alexander, Ashe Avery, Caldwell, Watauga & Wilkes Counties

Auction Lot #1
Vacant Lots on Buckeye Ridge Road, Beech Mountain, NC; Chestnut Falls Lot 1A and also known as Buckeye Gap Lot 372; Avery County; PIN 1940-05-29-2054; Deed 377, Page 1846, Plat Book 5, Page 82; Tax Value $5,800.00; Vacant Lot on Buckeye Ridge Road, Beech Mountain, NC; Chestnut Falls Lot 1A and also known as Buckeye Gap Lot372; Avery County; PIN 1940-05-29-2054; Deed 377, Page 1846, Plat Book 5, Page82; Tax Value $5,800.00; Vacant Lot on Buckeye Ridge Road, Beech Mountain, NC; Chestnut Falls Lot 1B and also known as Buckeye Gap Lot373; Avery County; PIN 1940-05-28-3925; Deed 377, Page 1846; Plat Book 5, Page82; Tax Value $5,800.00; Vacant Lot on Buckeye Ridge Road, Beech Mountain, NC; Chestnut Falls Lot 1C and also known as Buckeye Eye Gap Lot374; Avery County, PIN 1940-05-28-3886; Deed 377 Page 1846; Plat Book 5, Page82; Tax Value $5,800.00; Vacant Lot on Buckeye Ridge Road, Beech Mountain, NC; Chestnut Falls Lot 1D and also known as Buckeye Gap Lot375; Avery County, PIN 1940-05-28-4736; Deed 377, Page 1846; Plat Book 5, Page82; Tax Value $5,800.00; Vacant Lot on Buckeye Ridge Road, Beech Mountain, NC; Chestnut Falls Lot 1E and also known as Buckeye Gap Lot376; Avery County, PIN 1940-00-28-5742; Deed 377, Page 1846; Plat Book 5, Page82; Tax Value $5,800.00. 3,500 Foot Elevation; 3 miles to Beech Mountain Ski Resort; HOA Dues are approximately $250.00 per year per lot.   All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due

Auction Lot #6
2.55+/- Acre Vacant Lot on Round Mountain Parkway and Walnut Ridge Drive, Lenoir, NC, Caldwell County; Being Lot 5 in The Coves at Round Mountain; Deed 1730, Page 386; Tax Value $76,400.00. HOA dues are $700.00 per lot per year. All back taxes, dues and/or assessments will be paid by the seller; All current taxes, dues and/or assessments will be prorated at closing, if any due

Auction Lot #9
2.06+/- Acre Vacant Lot on Stony Creek Way, Boone, NC, Watauga County; Lot 3, Phase IV of Heavenly Mountain; PIN 2849-13-7265-000; Deed 1422, Page 469, Plat Book 013, Page 128; Tax Value $292,400.00. Near The Blue Ridge Parkway; 2,700 Foot Elevation; HOA dues are approximately $787.50 per lot per quarter. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #10
1.419+/- Acre Vacant Lot on Ledgestone Lane, Boone, NC, Watauga County; Lot 9 in Boulder Creek; PIN 1899-98-8199-00; Deed Book 1422, Page 444; Plat Book 18, Page 101; Tax $136,300.00. HOA dues amount is not known. There is a one time $500.00 capital contribution due per lot. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #11
2.795+/- Acre Vacant Lot on Boulder Creek Drive, Boone, NC, Watauga County; Lot 3 Boulder Creek; PIN 2809-08-404-00; Deed 1422, Page 448, Plat Book 18, Page 101; Tax Value $145,000. HOA dues amount is not known. There is a one time $500.00 capital contribution due per lot. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #12
23.56+/- Vacant Acres, in Titus Ridge, Fleetwood, NC, Ashe County; PIN 15239-042; Deed Book 431, Page 2389; Tax Value $228,900.00. May be subject to HOA dues and restrictions. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due. There is a proposed DOT widening and re-routing project that may affect this property at a future date. 

Auction Lot #13
9.27+/- Total Vacant Acres, in Titus Ridge, Fleetwood, NC, Ashe County; consisting of two lots of 8.428 +/- Acres and .842+/- Acres; Deed Book 431, Page 2389; Tax Value $92,700.00; PIN’s 15239-182 and 15239-197; May be subject to HOA dues and restrictions. All back taxes, dues and/or assessments will be paid by the seller; All current taxes, dues and/or assessments will be prorated at closing, if any due.
There is a proposed DOT widening and re-routing project that may affect this property at a future date.

Auction Lot #14
2.019+/- Acre Vacant Lot, being Lot 1 in Titus Ridge, Fleetwood, NC, Ashe County; Deed Book 431, Page 2389; Plat Book 6, Page 499; PIN 15239-042-001. Tax Value $60,000.00. HOA dues are approximately $250.00 per lot per year. There is also an impact fee when building on the lot. It is $500.00 if the road in the subdivision is gravel or $1,500.00 if the road is paved. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due.
There is a proposed DOT widening and re-routing project that may affect this property at a future date.

Auction Lot #15
1.368+/- Acre Vacant Lot, being Lot 2 in Titus Ridge, Fleetwood, NC, Ashe County; Deed Book 431, Page 2389; Plat Book 6, Page 499; PIN 15239-042-002; Tax Value $60,000.00. HOA dues are approximately $250.00 per lot per year. There is also an impact fee when building on the lot. It is $500.00 if the road in the subdivision is gravel or $1,500.00 if the road is paved. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due.
There is a proposed DOT widening and re-routing project that may affect this property at a future date.

Auction Lot #16
1.745+/- Acre Vacant Lot, being Lot 5 in Titus Ridge, Fleetwood, NC, Ashe County; Deed Book 431, Page 2389; Plat Book 7, Page 197; PIN 15239-042-005; Tax Value $95,000.00. HOA dues are approximately $250.00 per lot per year. There is also an impact fee when building on the lot. It is $500.00 if the road in the subdivision is gravel or $1,500.00 if the road is paved. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due.
There is a proposed DOT widening and re-routing project that may affect this property at a future date.

Auction Lot #17
3.572+/- Acre Vacant Lots, being Lot’s 7,8 & 9 in Titus Ridge, Fleetwood, NC, Ashe County; Deed Book 431, Page 2389; Plat Book 6, Page 499; PIN 15239-042-007, 15239-042-008 and 15239-042-009; Tax Value $130,000.00. HOA dues are approximately $250.00 per lot per year. There is also an impact fee when building on the lot. It is $500.00 if the road in the subdivision is gravel or $1,500.00 if the road is paved. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due. There is a proposed DOT widening and re-routing project that may affect this property at a future date.. 

Auction Lot #18
1.55+/- Acre Vacant Lot, being Lot 11 in Titus Ridge, Fleetwood, NC, Ashe County; Deed Book 431, Page 2389; Plat Book 6, Page 499; PIN 15239-042-011; Tax Value $55,000.00. HOA dues are approximately $250.00 per lot per year. There is also an impact fee when building on the lot. It is $500.00 if the road in the subdivision is gravel or $1,500.00 if the road is paved. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due.
There is a proposed DOT widening and re-routing project that may affect this property at a future date.

Auction Lot #19
1.521+/- Acre Vacant Lot, being Lot 12 in Titus Ridge, Fleetwood, NC, Ashe County; Deed Book 431, Page 2389; Plat Book 6, Page 499; PIN 15239-042-012; Tax Value $45,000.00. HOA dues are approximately $250.00 per lot per year. There is also an impact fee when building on the lot. It is $500.00 if the road in the subdivision is gravel or $1,500.00 if the road is paved. All back taxes, dues and/or assessments will be paid by the seller; All current taxes, dues and/or assessments will be prorated at closing, if any due.
There is a proposed DOT widening and re-routing project that may affect this property at a future date.

Auction Lot #20
2+/- Vacant Acres off Three Top Rd, Todd, NC, Watauga County; Deed Book 422, Page 160; Parcel #’s 04122-274/ 04122-275; Total Tax Value $45,000.00. Any HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #25
1.278+/- Vacant Acres at 246 Windy Acres Ridge Rd., Fleetwood, NC, Ashe County; Parcel # 15235-316; Deed 419, Page 1793; Plat Book 7, Page 100; Tax Value $20,000.00. Any HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #26
.77+/-Acre Vacant Lot, Lot 15 in Millers Creek Subdivision on Millers Crossing Drive, Millers Creek, NC, Wilkes County; PIN 3848-17-9384; Deed 1111, Page 437; Tax Value $19,560.00. Any HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #27
.96+/- Acre Vacant Lot, Lot 16 in Millers Crossing Creek Subdivision on Millers Crossing Drive, Millers Creek, NC, Wilkes County; PIN 3848-27-0279; Deed 1111, Page 437; Tax Value $21,660.00. Any HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #28
Vacant Lot 6, Magnolia Place, North Wilkesboro, NC, Wilkes County; PIN 3858-79-9244; Deed 1137, Page 166; Tax Value $25,000.00. HOA dues are approximately $85.00 per lot per month for vacant lots and $168.00 per lot per month for developed lots. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #29
Vacant Lot 7, Magnolia Place, North Wilkesboro, NC, Wilkes County; PIN 3858-89-0320; Deed 1137, Page 166; Tax Value $25,000.00. HOA dues are approximately $85.00 per lot per month for vacant lots and $168.00 per lot per month for developed lots All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #30
Vacant Lot 8, Magnolia Place, North Wilkesboro, NC , Wilkes County; PIN 3858-89-1317; Deed 1137, Page 166, Tax Value $25,000.00. HOA dues are approximately $85.00 per lot per month for vacant lots and $168.00 per lot per month for developed lots All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #31
Vacant Lot 10, Magnolia Place, North Wilkesboro, NC, Wilkes County; PIN 3858-89-2113; Deed Book 1137, Page 166; Tax Value $25,000.00. HOA dues are approximately $85.00 per lot per month for vacant lots and $168.00 per lot per month for developed lots All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #32
Vacant Lot 11, Magnolia Place, North Wilkesboro, NC, Wilkes County; ****Under Contract Prior To Auction****

Auction Lot #34
1.9+/- Acres on Falls Rd., Moravian Falls, NC, Wilkes County; PIN 3855-38-8755; Deed 1111, Page 438; Tax Value $14,700.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #35
3.7+/- Vacant Acres on Parker Lane, Moravian Falls, NC, Wilkes County; PIN 3855-48-7085; Deed 1111, Page 438; Tax Value $36,000.00; HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due"

Auction Lot #36
.39+/- Acre Vacant Lot, Chase Downs 6 Lot 35, Moravian Falls, NC, Wilkes County; PIN 3855-48-2798; Tax Value $18,900.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #37
.37+/- Acre Vacant Lot on Parker Lane, Moravian Falls, NC, Wilkes County; PIN 3855-48-1768; Tax Value $18,700.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #38
.39+/- Acre Vacant Lot, on Parker Lane, Chase Downs 6 Lot 33, Moravian Falls, NC, Wilkes County; PIN 3855-48-0669; Deed 1111, Page 438; Tax value $18,900.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due. Roads within Chase Downs are not State maintained.

Auction Lot #39
.39+/- Acre Vacant Lot, on Parker Lane, Chase Downs 6 Lot 32, Moravian Falls, NC, Wilkes County; PIN 3855-48-1642; Deed 1111, Page 438; Tax Value $18,900.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller; All current taxes, dues and/or assessments will be prorated at closing, if any due.Roads within Chase Downs are not State maintained.

Auction Lot #40
.41+/- Acre Vacant Lot, on Parker Lane, Chase Downs 6 Lot 31; Moravian Falls, NC, Wilkes County; PIN 3855-48-2558; Deed 1111, Page 438; Tax Value $19,100.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due. Roads within Chase Downs are not State maintained.

Auction Lot #41
.47+/- Acre Vacant Lot, on Parker Lane, Chase Downs 6 Lot 30, Moravian Falls, NC, Wilkes County; PIN 3855-48-3544; Deed 1111, Page 438; Tax Value $19,700.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due. Roads within Chase Downs are not State maintained.

Auction Lot #42
.44+/- Acre Vacant Lot, on Parker Lane, Chase Downs 6 Lot 28, Moravian Falls, NC, Wilkes County; PIN 3855-48-5425; Deed 1111, Page 438; Tax Value $19,400.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due. Roads within Chase Downs are not State maintained.

Auction Lot #43
.4+/- Acre Vacant Lot, Chase Downs 6 Lot 27, Moravian Falls, NC, Wilkes County; PIN 3855-48-6412; Deed 1111, Page 438; Tax Value $19,000.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due. Roads within Chase Downs are not State maintained.

Auction Lot #44
.51+/- Acre Vacant Lot, Chase Downs Sec 5 Lot 26; Moravian Falls, NC, Wilkes County; PIN 3855-57-1907; Deed 1111, Page 438; Tax Value $20,050.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due. Roads within Chase Downs are not State maintained.

Auction Lot #45
.44+/- Acre Vacant Lot, Chase Downs Sec 5 Lot 24, Moravian Falls, NC, Wilkes County; PIN 3855-58-3129; Deed 1111, Page 438; Tax Value $19,400.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due. Roads within Chase Downs are not State maintained.

Auction Lot #46
1.3+/- Acre Vacant Lot on Samuel Circle, Moravian Falls, NC, Wilkes County; PIN 3855-58-0893; Deed 1111, Page 438; Tax Value $24,000.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #47
.55+/- Acre Vacant Lot, Chase Downs Sec 4 Lot 18, Moravian Falls, NC, Wilkes County; PIN 3855-48-9218; Deed 1111, Page 438; Tax Value $18,220.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #48
3.5+/- Vacant Acres on Parker Lane, Moravian Falls, NC, Wilkes County; PIN 3855-48-6824; Deed 111, Page 438; Tax Value $35,000.00. HOA dues are not know. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #49
1.9+/- Acre Vacant Lot, Lot 5 of Five Springs Subdivision, Moravian Falls, NC, Wilkes County; PIN 3863-28-4789; Deed 1099, Page 400; Tax Value $53,900.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #50
1.9+/- Acre Vacant Lot, Lot 4 of Five Springs Subdivision, Moravian Falls, NC, Wilkes County; PIN 3863-28-4938; Deed 1099, Page 400; Tax Value $55,000.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #51
1.3+/- Acre Vacant Lot, Lot 3 in Five Springs Subdivision, Moravian Falls, NC, Wilkes County; PIN 3863-29-3104; Deed 1099, Page 400; Tax Value $47,300.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #52
32.53+/- Acres Vacant Off Cove Rd., Moravian Falls, NC Alexander County; PIN 3863-25-7686; Deed 534, Page 1236; Tax Value $47,745.00. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #53
10+/- Vacant Acres, being Lot 37 in Timber Ridge; Ferguson, NC, Wilkes County; PIN 2897-21-4602; Deed 1131, Page 179, Tax Value $175,000.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #54
1.861+/- Acre Vacant Lot on Mossy Creek Court, Lot 37 in Boulder Creek, Boone, NC, Watauga County; PIN 2809-09-3707-000; Deed Book 1512, Page 142; Tax Value $111,500.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #55
2.001+/- Acre Vacant Lot on River Stone Dr., being Lot 20 in River Stone, Peak Creek, NC, Ashe County; PIN 14408-228-020; Deed 426, Page 1842; Plat Book 7, Page 257; Tax Value $65,000.00. Great Views; Gated Community; Overlook River; HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #56
2+/- Acre Vacant Lot on River Stone Dr., being Lot 18 in River Stone, Peak Creek, NC, Ashe County; PIN 1408-228-018; Deed 426, Page 1842; Tax Value $65,000.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #57
1.008+/- Vacant Acres on Creekside Meadows Dr., Fleetwood, NC, Ashe County; PIN 15239-300; Deed 437, Page 1178; Tax Value $40,000.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #58
2 Lots in Hidden Mountain - One is Riverfront.
~Riverfront Lot on North Fork New River at 315 North Hidden Mountain Lane, Ashe County, NC;  Plat Lot 31; PIN 01361-019-031; Deed Book 434, Page 2227; Plat Book 5, Page 29; Tax Value $56,000.00; HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due
~Vacant lot on North Hidden Mountain Lane, Ashe County, NC; Plat Lot 70; PIN 01361-019-070; Deed Book 434, Page 2227; Plat Book 5, Page 29; Tax Value $15,000.00; HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due

Auction Lot #60
Vacant Lot on Daisy Mountain Road and Trout Lily Trail, Ashe County, NC; Plat Lot 17; Deed Book 434, Page 2227; Plat Book 4, Page 337B; Tax Value $25,000.00; HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due

PROPERTY MUST BE TRANSFERRED AND CLOSED BY MARCH 20, 2013 AT 5:00 P.M. NO EXCEPTIONS! DO NOT BID IF YOU CAN NOT MEET THIS DEADLINE! 

INSPECTIONS
At Buyer’s Leisure & Liability

10 MINUTE EXTEND A BIDDING
This auction has a 10 minute extended bidding feature on all auction lots at the end of the auction. This means that if a bid is received on any parcel in the auction that bidding will be extended by 10 minutes for all parcels. The 10 minute time period may be decreased to 7 minutes, 5 minutes, 3 minutes or 1 minute at the discretion of the auctioneer. All bidders will be notified by email if a change to the closing time has occurred. The end of the auction will occur when the auctioneer establishes that no other bidding activity is forth coming.

NOTES
We have tried, to the best of our ability, to gather current HOA figures. We do not guarantee they are exact but are approximate. All prior year taxes will be paid by the Seller along with any prior assessments, current year taxes and HOA or POA fees will be prorated as of the date of closing. All proposed and future assessments are the responsibility of the buyer. We have also tried, to the best of our ability, to gather copies of the restrictions for the included subdivisions. We do not guarantee that all versions and amendments are shown. Finally, we do not state whether properties have sewer, water, perk tests or if any of this is even attainable.It is the buyer’s responsibility. Please do your own due diligence prior to bidding. All properties sell as is, where is.

TERMS
Selling AS IS / WHERE IS. PROPERTY MUST BE TRANSFERRED AND CLOSED BY MARCH 20, 2013 AT 5:00 P.M. NO EXCEPTIONS! DO NOT BID IF YOU CAN NOT MEET THIS DEADLINE! If you cannot meet this deadline please do not bid. A credit card, Visa, MasterCard or Discover, is required to register & bid. A Credit Card is required to register. A 20% deposit is due within 24 hours after the end of the auction by bank wire or cashier’s check. A 7% buyer’s premium will apply which means that a 7% buyer’s premium will be added to the high bid price to determine the final auction contract purchase price. Example: $30,000.00 high bid x 7%Buyer’s premium = $2,100.00. The final auction contract purchase price will be$32,100.00. The deposit for this example would be $6,420.00.  *By bidding, you the bidder/buyer certify that you have either closely examined the item(s),have chosen to not examine the item(s) or have hired an independent agent tot he item(s) for you. *If payment is not received IHAC will attempt to collect by charging the credit card in which you registered. CONDITIONS – All information contained herein is deemed to be from reliable sources. However, neither the Auctioneer nor the Seller guarantees this information to be correct. We reserve the right to add or delete. Please inspect the property and bid accordingly. The Auctioneer represents the Seller in this transaction. All announcements made at the auction shall take precedence over all other information. Sale is subject to the seller accepting pre auction offers until Tuesday, February 12th at 12pm.

Broker Participation Invited – Pre-Auction Offers Entertained

 Iron Horse Auction Company, Inc.

PO Box 1267-Rockingham, NC 28380

800-997-2248–NCAL3936

 http://www.ironhorseauction.com/