Cross Roads Auction Group

 

Date(s) 4/22/2024 - 5/18/2024

Saturday May 18th 10am

Past Auction
Bidding Notice:

Live & Webcast Auction. Buyer to verify all information and to complete their own due diligence. All property in this auction is selling AS IS. No buyer's premium. Announcements day of sale at the property (Live Auction) take precedence over the website and printed material.

Auction Notice:

SUBJECT TO THE RIGHT OF COMBINATION AT THE LIVE AUCTION. INTERNET WINNING BIDDERS WILL BE NOTIFIED IF THE TRACTS ARE LOCKED TOGETHER AT THE LIVE AUCTION.

Auction Information
Name D/W Home & 1.29+- Acres • Building Lot • 2 Tracts
Auctioneer
Type Live Webcast Auction
Date(s) 4/22/2024 - 5/18/2024
Auction Date/Time Info
Saturday May 18th 10am
Preview Date/Time Auction Preview Sunday May 12th 2-4pm
Checkout Date/Time Following the auction. All property in this auction sells “As is, Where is” having given the right to bidders to inspect prior to bidding. No Warranties or Guarantees. Buyers to place a 15% deposit with the balance due on or before 30 days. No buyer’s premium. 2024 taxes will be prorated to the date of closing. All bidding takes place live at the property & online. Subject to confirmation of the Pickett County Chancery Court.
Location
Buyer Premium No Buyer's Premium
Description
3 bed 2 bath newer double wide home with a 2-car detached garage situated on an open 1.29+- acres.  This clean home is improved with a large master bath, jack and jill sinks, open floor plan, and less than one mile from Sunset Marina at Dale Hollow Lake. Also, if you are looking for an unrestriced building lot near Dale Hollow Lake to park your camper look no futher! Selling absolute and in two tracts. Tract 1: Home & 0.64+- acres. Tract 2: 0.62+- unrestricted building lot, garage, septic, electric. Pre bid now! Live Webcast auction Saturday May 18th 10am. Terms: All property in this auction sells "As is, Where is" having given the right to bidders to inspect prior to bidding. No Warranties or Guarantees. Buyers to place a 15% deposit with the balance due on or before 30 days. No buyer's premium. 2024 taxes will be prorated to the date of closing. All bidding takes place live at the property & online. Subject to confirmation of the Pickett County Chancery Court. Buyers are encouraged to make any and all inspections and due diligence prior to sale date. Selling "as is".
1: Cross Roads Auction Group (CAG) are agents for the seller, bidders are representing themselves 2: Real Estate winning bidders will place a 15% deposit as a non refundable down payment in the form of a good check, cash, or wire transfer to Exit Cross Roads Escrow no later than 24 hours from the close of this auction. Also, to sign a purchase and sale agreement. 3: Personal property payment in full at time of sale. Possession with payment. 4: Each CAG auction may have different bidding increments. The software will calculate the next bid amount before submitting bids. 5: Bidders will need to watch their bidding screen to determine the current winning bid. Bidders will recieve a email notice of Outbid but not guaranteed. 6: CAG is not responsible for incorrect or missing listing information. CAG has attempted to provide accurate information. However it is the bidders responsiblity to conduct any inspection to determine condition. Bidders should complete their own due diliegence prior to bidding. 7: CAG shall modify detail of this auction for any reason including but not limited to technical issues, emergencies, and convenience of the auction firm or selller. 8: In the event that there are technical difficulties related to the auction platform, server, or any other auction related technologies CAG reserves the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software nor CAG shall be held responsible for a missed bid or the failure of the software to function properly for any reason. 9: Winning bidders will be required to sign a purchase and sale agreement with in 24 hours of the completion of the auction. 10: The seller shall pay the seller's side of the closing fee and document prep fee. The buyer shall pay the buyers side of the closing fee and document prep fee. The seller shall pay no closing cost for the buyer, including any lender fee's unless otherwise agreed to in the contract for sale of Real Estate. CAG will work with any lender or Attorney of your choosing for closing. 11: The buyer acknowledges here in that the property is being sold "As Is" with all faults and neither the seller nor CAG makes any warranties or representations, express or implied, as to the conditions, square footage, acreage or boundary line of the real property conveyed herein. The seller is not responsible for any repairs. 12: Any buyer or bidder not executing their responsibilities at the conclusion of this auction shall pay CAG an amount equal to the Buyer Premium or commission and any expenses incurred for this auction. The buyer shall also pay the seller any damages caused by said breach of contract including attorney fees and cost. If the buyer defaults on any terms laid out in the purchase and sale aggrement in any manner what so ever that the earnest money shall be paid first to CAG for commission and expenses and the balance to the sellers. In the event any bidder defaults shall be banned from bidding at any other CAG auction. 13: CAG resereves the right to reject any and all bids for any reason. CAG reserves the right to cancel this auction or remove any lot prior to the close of bidding. 14: All bids are subject to seller confirmation unless noted Absolute. 15: Buyer will be given a General Warranty Deed unless othewise noted. 16: Possession is with the deed at closing. 17: Property taxes will be prorated at closing unless otherwise noted. 18: This property is subject to any and all easements and restrictions of record. Also the property is subject to all state and local zoning ordinances. 19: The identity of all bidders will be verified. If a complete verification is not possible then CAG will reject the bidder and the bidding activity will be terminated. 20: Bidders agree to keep their username and password confidential, as they are responsible for any and all activity involving their account. All bidders must be 18 years of age or older. 21: This auction is subject to a soft close or bid extension. 22: No buyer's premium on real and personal property. 23: Subject to the right of combination at live auction on the premises of the property. 24: Announcements day of sale at the property (Live Auction) take precedence over the website and printed material. 25: Subject to court confirmation.
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 No Buyer's Premium
Payment Terms
Real Estate 15% non refundable Deposit: Cash, Cashiers Check, or Good Personal Check. With the balance due on or before 30 days at closing. 2024 property taxes paid by seller. Personal property payment in full at time of sale. No buyer's premium. Subject to court confirmation.
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