Large Timbered Tract of Land for Sale in Ferrum VA

United Country Blue Ridge Land & Auction Co Inc

 

Date(s) 4/9/2024 - 5/2/2024

Ends Thursday, May 2nd, at 4 PM

Past Auction
Online-Only Auction
Shipping Not Available
Bidding Notice:

10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $10,000 is required on the day of sale. Close on or before June 17th, 2024. Subject to seller confirmation. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence before placing a bid. Auction starts ending at 4 PM on May 2nd, 2024. Please ... Show More

Auction Information
Name Large Timbered Tract of Land for Sale in Ferrum VA
Auctioneer
Type Online-Only Auction
Date(s) 4/9/2024 - 5/2/2024
Auction Date/Time Info
Ends Thursday, May 2nd, at 4 PM
Preview Date/Time Call listing agents to schedule a showing.
Checkout Date/Time Immediately following the close of the auction.
Location
Buyer Premium 10% Buyers Premium Charged
Description
Don't miss out on this opportunity to own +/- 267.835 acres of land, located just a few miles from Ferrum, VA. It is conveniently located just 10 miles from Rocky Mount, Philpott Lake, and Fairystone Park. This property features streams, springs, and roads throughout. Great for hunting enthusiasts, the land has an abundance of wildlife and breathtaking views, all while providing privacy and seclusion. Property has been timbered and surveyed into smaller parcels, making it easy for future resale. This online auction presents a great hunting property, recreational retreat, or private homestead. Online Auction Ends Thursday, May 2nd, at 4 PM TBD Timber Line Rd., Ferrum, VA 24088 CONTACT: Auctioneer Matt Gallimore at 540-239-2585 or email Gallimore.Matt@gmail.com. You can also contact Realtor Booie DeHart at 276-952-5061 or email BooieD@yahoo.com DIRECTIONS: From Franklin St in Ferrum VA, turn on to Timber Line Road. Follow Timber Line Rd to the signs on your left. BIDDER PACK: Download Bidder Pack for complete information. Bidder Pack has maps, complete terms and conditions, sample contracts, tax cards, and restrictions. Some of the plats in Bidder Pack may have notations and boundaries created by Auctioneer for illustration purposes, however unchanged surveys are in Bidder Pack as well. SOFT CLOSE: If a bid is received within the last 2 minutes of the auction, the auction close time will automatically extend 2 minutes to allow other bidders an opportunity to competitively bid prior to the auction closing. This feature eliminates “snipers” and encourages fair and impartial bidding from all participants. BUYER’S PREMIUM – TEN PERCENT (10%): Buyer’s Premium shall be added to the final online bid, which will determine the Total Contract Sales Price. Bidders hereby acknowledge and understand that the Buyer’s Premium will be added to the winning bid to create the Total Contract Sales Price for which they are obligated to pay for the property. Example: (winning online bid $100,000 + 10% buyer’s premium = total purchase price of $110,000). Buyer’s Premium is not due until closing. PRE-AUCTION SALES: As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all off the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest deposit. Properly submitted offers will be presented to the Seller in a timely manner. Seller may accept or reject such offer at their sole and absolute discretion. When a pre-auction offer is submitted, all properly registered online bidders will be notified that “an offer” has been submitted and on which specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for seller’s acceptance. A Referral Fee of 2% of the high bid is offered to a cooperating VA State Licensed Real Estate Salesperson/Broker on any pre-auction offers that are properly completed and submitted on the appropriate forms provided. Download Bidder Pack for Online Bidder’s Agreement, maps, sample contracts, and property information. TERMS AND CONDITIONS: 10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $10,000 is required on the day of sale. Close on or before June 17th, 2024. Subject to seller confirmation. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence before placing a bid. Auction starts ending at 4 PM on May 2nd, 2024. Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes. Be sure to register to bid early to ensure you receive notifications regarding any changes to the Auction, Bidder Packet and/or Pre-Auction offers received. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps at VAAuctionPro.com
10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $10,000 is required on the day of sale. Close on or before June 17th, 2024. Subject to seller confirmation. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence before placing a bid. Auction starts ending at 4 PM on May 2nd, 2024. Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes. Be sure to register to bid early to ensure you receive notifications regarding any changes to the Auction, Bidder Packet and/or Pre-Auction offers received. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps at VAAuctionPro.com
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 10% Buyers Premium Charged
Payment Terms
$10,000 Earnest Money Deposit due on day of sale. Closing in 45 Days.
No shipping offered
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.