Richmond County Government Real Estate Auction | Iron Horse Auction Company | Iron Horse Auction Company

BIDDING IS NOW OPEN ON THIS AUCTION


ONLINE w/ BID CENTER
May 9th at 12pm

BID CENTER LOCATION
Cole Auditorium
Richmond Community College
Hamlet, NC
Bid center will open at 11am.


PROPERTY ADDRESS
Richmond County, NC

INSPECTIONS
At Buyer's leisure and liability or by appointment.

PROJECT MANAGER
Marc Baysek 
910.206.1881



PROPERTY DESCRIPTION

auction lot parcel idaddress (Rockingham)+/- acresSubdivison
4746208890967153 MILL RD0.73 gislots 3-6 block A Leak Reality
     
auction lot parcel idaddress (Hamlet)+/- acres 
5% of 74911313103410 N Bridges St This auction lot requires a survey. The surveyor will be chosen by the auctioneer and the survey will be the expense of the buyer. The quote for this survey is $1,200.00.
     
auction lot parcel idaddress (Hamlet)+/- acres 
6830900390529Eddies Lane0.55 
7830900390721Eddies Lane0.56 
     
     
auction lot parcel idaddress (Hamlet)+/- acres 
8738900853457Pinebark Drive0.565 
147738900858919Oakleaf Drive0.565 
     
     
auction lot parcel idaddress (Hamlet)+/- acres 
9749000241845Hodges Drive2 
     
     
auction lot parcel idaddress (Hamlet)+/- acresSubdivison
10749104747662FIFTH ST EXT-HAMLET0.344352617Crosswind Sub - lot 5
11749104749731180 FIFTH ST EXT-HAMLET0.344421488Crosswind Sub - lot 7
12749104840734184 FIFTH ST EXT-HAMLET0.408654729Crosswind Sub - lot 8
     
auction lot parcel idaddress (Hamlet)+/- acres 
14749114229586Third Street0.256gis 
15749114320699Third Street0.248gis 
     
auction lot parcel idaddress (Hamlet)+/- acresSubdivison
16749102568609Manhattan St.0.344gisLakeside Park- Blk O- lots 1-4
16749102568767Clark Street0.344gisLakeside Park- Blk O- lots 1-4
     
     
auction lot parcel idaddress (Dobbins Height)+/- acres 
17749203320981Leroy David Ln.0.242gis 
18749203335170Horseshoe Dr.0.828gis 
     
auction lot parcel idaddress (Dobbins Height)+/- acresSubdivison
19749218315984Horseshoe Dr.0.471gisDouglas Park- lot 15 and % of lot 16
     
auction lot parcel idaddress (Dobbins Height)+/- acres 
20749218311017Earle Franklin Dr0.451gis 
     
auction lot parcel idaddress (Dobbins Height)+/- acresSubdivison
21749217202248Channie McManus Dr.0.17gislot 12 Warren Heights Addition
22749218206119Earle Franklin Dr.0.19gis 
     
auction lot parcel idaddress (Dobbins Height)+/- acres 
23749105290504Channie McManus Dr.0.213gis 
24749105290446B.F. Diggs0.384gis 
     
auction lot parcel idaddress (Dobbins Height)+/- acresSubdivison
25749105281101Robert Broady0.165 Longwood Park Addition - lots 50,51
26749105274727North NC HWY 1770.384gis% of Longwood Park Addition - lots 41,42
     
auction lot parcel idaddress (Hamlet)+/- acres 
27749109079417Monroe Ave0.176gis 
28749109079077501 SEABOARD ST0.132gis 
     
auction lot parcel idaddress (Hamlet)+/- acres 
29749109174139Seaboard St0.026gis 
     
auction lot parcel idaddress (Hamlet)+/- acres 
30749109165551Pine Street0.165gis 
31749109164440off West Ave0.133gis 
     
auction lot parcel idaddress (Hamlet)+/- acres 
32748108979750William St. (unopen)0.315gis 
33749105070843William St. (unopen)0.122gis 
     
     
auction lot parcel idaddress (Hamlet)+/- acres 
34749109063219Spring Street0.175gis 
     
auction lot parcel idaddress (Hamlet)+/- acres 
35749109152791West Avenue0.226gis 
36749109158547High Street0.268gis 
145749109156510West Avenue0.291gis 
     
auction lot parcel idaddress (Hamlet)+/- acres 
37749109058289212 High Street0.165gis 
38749109058281223/225 Spring Street0.298gis 
39749113140813Wilmington Street0.114gis 
     
auction lot parcel idaddress (Hamlet)+/- acres 
40749113147603320 RALEIGH ST0.239gis 
     
auction lot parcel idaddress (Hamlet)+/- acres 
41749113139393Spring St./Hamlet St.0.317gis 
     
auction lot parcel idaddress (Hamlet)+/- acres 
42749117118311Hendersonville Street0.159gis 
     
     
auction lot parcel idaddress (Hamlet)+/- acres 
43749117101167Hendersonville Street0.087gis 
43749117101132Hendersonville Street0.349gis 
44749117100075Hendersonville Street0.264gis 
44749117100002Hendersonville Street0.177gis 
     
auction lot parcel idaddress (Hamlet)+/- acres 
45749001088536Willow Lane0.579gis 
     
auction lot parcel idaddress (Hamlet)+/- acres 
46748002991951Ellen Drive0.351gis 
     
auction lot parcel idaddress (Hamlet)+/- acres 
47748116834708321 McDonald Av.0.168gis 
     
auction lot parcel idaddress (Hamlet)+/- acres 
48747002985467WHIPPOOR WHEEL LN0.798gis 
     
auction lot parcel idaddress (Hamlet)+/- acres 
49748107571886Highland Av.0.010gis 
     
auction lot parcel idaddress (Rockingham)+/- acres 
50746000659649off Ellerbe Grove Ch. Rd7.05 
     
auction lot parcel idaddress (Rockingham)+/- acres 
51746000292652Hamer Mill Rd0.459136823 
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
52747101487602Lake View Trail0.459gisTrailwood Section 11 Lot - 6
53747101487753Lake View Trail0.402gisTrailwood Section 11 Lot - 5
54747101486933Lake View Trail0.402gisTrailwood Section 11 Lot - 2
     
auction lot parcel idaddress (Rockingham)+/- acres 
55747218429166310 Lake View Trail0.451 
55747218428261Lake View Trail0.465 
     
     
auction lot parcel idaddress (Rockingham)+/- acres 
56747204630431123 N BEAUNIT AVE0.32 
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
57747214437383110 MARTIN ST0.315gisBeaunit Mills Village lot 71
58747214437136111 MARTIN ST0.384gisBeaunit Mills Village lot 72
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
5974721444568499 AIRLINE ST0.287Beaunit Mills Village lot 99
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
6074721025528123 FIRST ST SAFIE0.178gisEast Rockingham Homes Map#6 - Lot 235
61747210256382RAILROAD ST0.178gisEast Rockingham Homes Map#6 - Lot 242
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
627472142475171 SECOND ST SAFIE0.185gisEast Rockingham Homes Map#5 - Lot 183
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
63747213240326146 SAFIE FIFTH ST0.09portion East Rockingham Homes Map#3 - Lot 87
     
auction lot parcel idaddress (Rockingham)+/- acres 
     
     
     
     
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
66747213040427142 ROHANEN AVE0.175gisRohanen Heights plat#2 Sec D Lot 13
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
67746212950787109 ENTWISTLE 3RD ST0.31gisRuth White lot 2
68746212950206314 AIRPORT RD0.774gisAnnie Cox lots 6-8
69746212954017333 AIRPORT RD0.378gisRohanen Heights plat#2 Sec b Lots 2-3
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
70746208972786161 SOUTH ST0.298gisH.C. Watsons lot 90 and % of 92
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
71746212974050111 NINTH AVE0.233gis Aleo Village No.1 - lot 41
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
72746208887976108 CHURCH ST0.233gisHannah Pickett Worsted Mill, lot 28
73746208992166111 PARK ST0.233gisHannah Pickett Worsted Mill, lot 75
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
74746204815662CRESTWAY DR0.291 
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
75746204600794RATCLIFF RD0.215gisAshley Heights - Block B- lot20,21,%19
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
76746102696899Ingram Street0.215gisAshley Heights - Block B- lot20,21,%19
     
auction lot parcel idaddress (Rockingham)+/- acres 
77746102696899off Mizpah4.9 
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
78746102896307Mizpah Rd0.344352617Cape Fear Development Block D lot 4
     
auction lot parcel idaddress (Rockingham)+/- acres 
79746102997797Mizpah Rd0.509gis 
80746102999778115 BROWN ST0.420gis 
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
     
     
auction lot parcel idaddress (Rockingham)+/- acres 
82746102674225 STOKES RD.112 gis 
     
auction lot parcel idaddress (Rockingham)+/- acres 
83745204936611120 KEELER AVE0.492 
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
84745201258111107 THIRD ST0.363Burlinton Mills Sec 3 lot 221
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
85744202986668BUTLER CIR.0.48Westwood Sec 1 - lot 10
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
86744202994471BUTLER CIR.0.901Westwood Sec 2 - lots 4-5
87745201093572572 ZION CH RD0.935 
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
88745302786259CHEROKEE ST0.172Lincoln Heights - lot 25
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
89745302872920125 LINCOLN ST0.343Lincoln Heights - Block A  lots 11-12
90745302882552LINCOLN ST0.344Lincoln Heights - lots 80-81
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
91745302889559BIBLE WAY CH RD0.255gisLincoln Heights addition- Block C  lots 11-12
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
92745304842102GALESTOWN RD0.228gis 
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
93746303335479MIDWAY RD0.182gis 
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
94746319626044MIDWAY RD0.923gis 
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
95746301384349McNair Street0.184 
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
96746311568194SHORT ST0.942Pee Dee Mills - Lot 22
9774631155959311 SHORT ST.384gisPee Dee Mills - Lot 13
9874631165169812 SHORT ST.291gisPee Dee Mills - Lot 28
99746311653794515 N LEE ST.439gisPee Dee Mills - Lot 28
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
100746404706365Salem Dr.0.172Hillcrest - Block E - lots 7,8
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
101746308982689122 ASLINGTON ST0.953Pee Dee Mills - Lot 182
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
102746312866191522 RANDOLPH ST0.274 
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
103746312851337218 ROBINSON ST0.242Everetts Heights - Block G - lot 7
104746312852365412 BICKETT ST0.151 
105746312853528905 ROBINSON ST0.171Everetts Heights - Block h - lot 6
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
106746316840289GREEN ST0.184 
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
107747309052511410 STEELE ST0.275gis 
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
108747313034389127 SCALES ST0.261gis 
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
109747313148169off WASHINGTON ST0.276gis 
110747313137626915,917,921 LEAK ST0.158gis 
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
111747314237582212 SKIPPER ST0.234gis 
112747314236900CHURCH ST0.046E.B. Laurin Lot - 2
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
111747314237582212 SKIPPER ST0.234gis 
112747314236900CHURCH ST0.046E.B. Laurin Lot - 2
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
113747313027624ROCKINGHAM RD0.435 
114747313029506ROCKINGHAM RD1.538gis 
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
115747317118571ROCKINGHAM RD0.726 
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
116748201364024Pineleigh Ave5.00Beam-Spencer - tract #602
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
117748201450078135 DEVOS DR0.46Long Leaf Acres - sec 5- lot 503
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
118747419510648BEAVERBROOK RD0.67Hollybrook  sec 4 - lot 20
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
119748301184714HWY 1 NORTH0.057J. Bryant Little - lot 46
120748301184785PHILADELPHIA DR0.285J. Bryant Little - lot 41-45
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
121% of 748301298147PHILDELPHIA AVE1.4 
121% of 748301298147PHILDELPHIA AVE1.52 
     
auction lot parcel idaddress (Rockingham)+/- acres 
123748403411241off hwy near Charann Ln0.905gis 
124748403412261off hwy near Charann Ln0.915gis 
     
auction lot parcel idaddress (Rockingham)+/- acres 
125748301373415off ELLEN RD0.113 
126748301373493off ELLEN RD0.225 
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
127748304740237JACKSON RD3.874Pernell Park Sec 2 - 206
128748304742058JACKSON RD4.18Pernell Park Sec 2 - 205
129748302854100PERNELL DR0.963 
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
130840400814210GRAY WOODS RD1.51gisCross Creek Estates - tract 2
     
auction lot parcel idaddress (Hoffman)+/- acresSubdivison
131843602897249HART AVE0.32gis 
     
auction lot parcel idaddress (Hoffman)+/- acres 
132844600090885128 WALL AVE0.503 
     
auction lot parcel idaddress (Hoffman)+/- acres 
133844700306237Jason Ln0.252 
     
auction lot parcel idaddress (Jackson Springs)+/- acres 
134842800189254off DERBY RD2.84 
     
auction lot parcel idaddress (Ellerbe)+/- acresSubdivison
135747817203799Railroad Street0.066J.E. & J.D. Steele - lot 20
136747817203573Main St. / US HWY 2200.149J.E. & J.D. Steele - lot 16
     
auction lot parcel idaddress (Ellerbe)+/- acresSubdivison
137747701193028Dunn St /2nd St0.228Plain View - Sec 3 -Lot 1
     
     
auction lot parcel idaddress (Ellerbe)+/- acresSubdivison
138747701090966Robinson Av.0.344Plain View - sec 1 -Lot 8
139746702999961Robinson Av.0.344Plain View - sec 1 -Lot 9
140746702999814Robinson Av.0.344Plain View - sec 1 -Lot 10
141747701090648132 ROBINSON 0.344Plain View - sec 1 -Lot 23
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
142746502665138SANDY RIDGE CHURCH RD1.00 
     
auction lot parcel idaddress (Rockingham)+/- acresSubdivison
143747501051416McInnis Drive0.25 
     
auction lot parcel idaddress (Rockingham)+/- acres 
144746504920066STELLYS TABERNACLE CH RD0.73 
     
     
auction lot parcel idaddress (Hamlet)+/- acres 
146749113047270Raleigh Street0.027gis 
     
     
auction lot parcel idaddress (Hamlet)+/- acres 
1487491045114931591 HWY 74 EAST0.245gis 
149749202562001County Home Rd (Hamlet)1.08gis 

Importance of Terms:

Please take the time to read the following set of terms and conditions for the online auction. When you register to bid, you will have to acknowledge that you have read these terms and conditions. If you intend to register, the following items will pertain to you.

 

Agency:

Iron Horse Auction Company, Inc. is acting as agent of the Seller and at no time acting on behalf of the Buyer.

 

Buyer's Premium:

There will be a Twelve Percent (12%) Buyer’s Premium added to the final bid price to determine the final contract purchase price. In order to verify that the credit card used for registration is valid, the bidding platform requires a $100.00 authorization hold be placed on credit cards in order to register to bid. This charge will be removed within a 24-hour time period after registration.

 

Auction Ending:

Online auctions are timed events and all bidding will begin to close at a specified time. Online auctions also have an auto-extend feature. Any bid placed in the final ten minutes of an auction, will automatically extend the auction ten minutes from the time the bid was placed. Example: If an auction is scheduled to close at 6:00 and receives a bid at 5:51, the close time will automatically extend to 6:01. The auto-extend feature will continue until there is a ten-minute period without a bid being placed on any item in the auction.

 

Time Reduction:

In the event that the auto-extend time needs to be decreased, Iron Horse Auction Company, Inc. may decrease the extended time amount at any time during the auction until the close of bidding. A Pop-Up Message in the Instant Message Center on the bidding page will notify Bidders prior to the time reduction unless the time is reduced at the sale at the auctioneers discretion.

 

Outbid / Back-In Notification:

During this auction process, there is a chance that you will be overbid by a combination bid of multiple lots. At that time, you will receive an outbid notification. If another Bidder breaks the combination by raising the bid on a lot other than the lot you were bidding on, you will automatically be placed back in the winning position for your lot. You will then receive a back-in notification. Until the auction begins to close, the bidding software will notify Bidders by email when they have been outbid. Bidders may also find out if they have been outbid by refreshing the individual lot information. Due to varying internet connections and speed, sometimes email notifications can be delayed. We are not responsible for failure of any part of the bidding process or internet bidding.

 

Property Information & Inspection:

Iron Horse Auction Company, Inc. is not responsible for any missing or incorrect listing information. Iron Horse Auction Company, Inc. has attempted to provide accurate descriptions; however, it is the Bidder's responsibility to conduct inspections to determine the condition and feasibility of the Bidder’s intended use. Descriptions that are provided by Iron Horse Auction Company, Inc. are provided in good faith and are matters of opinion. It is automatically acknowledged by registering that you have personally inspected the property, hired an agent to inspect the property, or waived your right to inspect the property. Placing a bid creates a contractual agreement to purchase the property at the high bid price plus a Buyer’s Premium and any additional fees included in closing the real property transaction.

 

Auctioneer's Discretion:

Iron Horse Auction Company, Inc. has full discretion to modify the date and time, order, and details of the auction for any reason or no reason at all, including but not limited to technical issues, emergencies, and the convenience of Iron Horse Auction Company, Inc. or the Seller.

 

Server & Software Technical Issues:

In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Iron Horse Auction Company, Inc. and the Seller reserve the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software nor Iron Horse Auction Company, Inc., or the Seller shall be held responsible for a missed bid or the failure of the software to function properly for any reason. Iron Horse Auction Company, Inc. may send email notifications to registered Bidders with updated information as deemed necessary.

 

Payment Terms:

This is a CASH TRANSACTION and not subject to Buyer obtaining financing.  Twenty Percent (20%) of the final contract purchase price is required as non-refundable earnest money in the form of a certified check, cash or wire transfer. The earnest money deposit is due within 48-hours of the close of auction, with the balance of the contract purchase price due at closing, which shall be in thirty-days or upon delivery of the deed, whichever is sooner. In the event the Seller cannot produce a deed with insurable title, the earnest money deposit will be refunded. Purchaser shall be responsible for all wire transfer fees. Closing will be as specified in the Auction Purchase Contract. This online only auction is a cash transaction not contingent on or subject to financing, appraisal, survey or inspections of any kind, as agreed to by the Bidders and/or Buyers at registration and specified in the Auction Purchase Contact on the event page of each specific auction.

 

Auction Purchase Contract:

The contract is required to be fully and correctly executed, without any modifications and properly signed within 48-hours of the close of the auction unless the bidder is at the bid center where the contract will be signed by the purchaser immediately and the deposit will be collected at the same time.

 

Closing:

Property is to be closed within thirty-days after the auction or upon delivery of the deed, whichever is sooner.

 

Closing Costs:

Buyer’s closing costs can include new boundary survey, title search fees, title insurance premiums, recording fee of documents, Buyer’s prorated items and any other fees required for closing. Seller’s closing costs are limited to their portion of the prorated tax, revenue stamps and the cost of deed preparation.

 

Property Condition:

All property in this auction is selling “AS-IS, WHERE IS” with all faults, if any. Iron Horse Auction Company, Inc. makes no representations or warranties, expressed or implied, concerning the property. Descriptions of the property are believed to be correct, but are not guaranteed. It is the Buyer’s responsibility to conduct any inspection prior to the auction. All due diligence periods end the date the auction is schedule to end, and prior to the end of the auction. It is possible that the property being sold is subject to restrictive covenants and homeowner’s association rules, regulations and dues. Iron Horse Auction Company, Inc. has attempted to find or locate all information deemed material facts. Ultimately, it is the Buyer’s responsibility to inspect all aspects of the property before placing a bid. No sale shall be invalidated by the Buyer as a result of he/she not conducting their own inspection prior to placing a bid or doing due diligence. It is automatically acknowledged by placing a bid that you have personally inspected the property, hired an agent to inspect the property or waived your right to inspect the property.

 

Legal Interpretations:

The laws of the State of North Carolina shall interpret this document.

 

Disputes:

Any and all causes of action resulting from this auction shall be heard in the General Court of Justice of Richmond County, North Carolina as the sole and exclusive venue.

 

Auction Bidder and/or Buyer Default:

The successful Bidder and/or Buyer not executing and returning the contract with the earnest money deposit within 48 hours of the conclusion of the auction will be considered in default and will be black-flagged in our database as a Non-Paying Bidder and will no longer be allowed to participate in our auctions. Iron Horse Auction Company, Inc. reserves the right to sell to the next highest qualified Bidder in the event the successful high Bidder does not comply with the terms of the sale. By bidding on the property, the Buyer agrees to all terms and conditions set forth. The contract is required to be fully and correctly completed, without any modifications and properly signed. A contract that is incomplete, incorrect, or modified in any respect, is considered to be in default. By registering and placing a bid, you agree that if you happen to become a Default Bidder or Non-Paying Bidder, Iron Horse Auction Company, Inc. has the right to charge your credit card for the amount equal to the Twenty Percent (20%) earnest money deposit, which shall be non-refundable.

 

Auction Administrative Fee

In the event a winning Bidder fails to submit the properly signed "Contract For Sale of Real Property" and earnest money deposit as provided in the pre-stipulated Auction Terms & Conditions, the winning Bidder will be charged an administrative fee of $2,500.00 on the credit card provided at auction registration. Additional default remedies are reserved by Iron Horse Auction Company and the Seller as provided in the Auction Terms & Conditions and "Contract for Sale of Real Property". All administrative fees are non-refundable.

 

Auction Cancellation – Bid Rejection:

Iron Horse Auction Company, Inc. reserves the right to reject any and all bids for any reason. Iron Horse Auction Company, Inc. reserves the right to cancel this auction, or remove any item or lot from this auction prior to the close of bidding even if a bid has been placed, unless the auction is advertised Without Reserve.

 

Acceptance of Bid Prices:

All bids are subject to Seller confirmation unless the auction is advertised Without Reserve. The successful Bidder and/or Buyer will be required to enter into a Purchase Agreement immediately following the close of the auction. Iron Horse Auction Company, Inc. will email documents to be executed and they need to be faxed or emailed back to Iron Horse Auction Company, Inc. within 48 hours of the end of the auction. Successful Bidders and/or Buyers not executing and returning contracts with earnest money deposit within 48 hours, will be considered in default. Any and all inspections that a Buyer may want must be completed at the Buyer’s expense prior to the end of the auction. Iron Horse Auction Company, Inc. reserves the right to sell to the next highest qualified Bidder if the winning Bidder is in default of these terms. Winning Bidder and/or Buyer must execute the contract with no changes, modification, additions or deletion. In the event that you find yourself as a Bidder in default, you will be black-flagged as a NON-PAYING BIDDER and will not be allowed to participate in any further Iron Horse Auction Company, Inc. auctions.

 

Title:

As specified in the Auction Purchase Contract.

 

Deed:

As specified in the Auction Purchase Contract.

 

Possession:

Not given until closing and further specified in the Auction Purchase Contract.

 

Real Estate Taxes and Closing Cost:

Taxes will be prorated to the day of closing using the most current available year’s tax amount. HOA fees and condominium assessments, if any, will be prorated up to the date of closing. The purchaser will pay all other closing costs associated with the purchaser’s side of the sale, including local and state recording fees.

 

Easements:

Subject to any and all easements recorded or unrecorded.

 

Zoning:

This property is subject to all state and local zoning ordinances.

 

Acreage & Aerial Photos:

Parcel dimensions and acreages are based on legal descriptions. Aerial photos are for illustration purposes only and not surveyed boundary lines.

 

Bidder Verification:

The identity of all Bidders will be verified. Bidding rights are provisional, and if complete verification is not possible, Iron Horse Auction Company, Inc. will reject the registration, and bidding activity will be terminated. The Seller and Iron Horse Auction Company, Inc. reserve the right to refuse service to any person who they feel to be fraudulent.

 

Bidder Responsibilities:

Bidder responsibilities include, but are not limited to the following: Bidders agree to keep their username and password confidential, as they are responsible for ANY and ALL activity involving their account. When using the website, you must obey any and all local, state, and federal laws. Violations will result in termination of website use privileges. We gather aggregate information from the website, which may include but is not limited to, the number of page visitors, most visited pages, and any and all correspondence.

 

Guaranty Agreement:

By submitting a bid in the name of a business entity or corporation, the individual submitting the bid enters into a guaranty agreement whereby he or she personally guarantees earnest money payment to Iron Horse Auction Company, Inc.

 

Age Requirement:

All Bidders must be eighteen (18) years of age or older.


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BIDDING IS NOW OPEN ON THIS AUCTION
  •   May 7 @ 12:00PM EDT (Start)
  •   May 9 @ 12:00PM EDT (End)
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