1011 Wilson Cemetery Road Northeast , Check, VA 24072(Floyd County)

Looking for a great investment property in Floyd County VA? Check out this awesome property! The property features 3.79 acres with a storage building which has been converted for living space. The acreage showcases a rolling field with fencing and a small pond. The building has around 1,920 sq. ft. of space with 1,680 sq. ft. of living space and a 240 sq. ft. attached garage. There are 3 potential bedrooms which are non-conforming, meaning they do not have windows or closets. The building has vinyl siding with a slab foundation and a shingle roof and concrete floors. It has a private well and septic system as well as propane wall heaters. This is a unique property with a variety of potential uses! Utilize it as a residential or rental investment property, business, storage, etc. This offering consists of 2 separate parcels totaling 3.79 acres.

1011 Wilson Cemetery Rd NW, Check, VA 24072

Online Auction Ending Wednesday, May 25th at 4 PM

Online Bidding Online bidding is now active and runs through 4 PM on May 25th 2022. SOFT CLOSE.

Preview Date - Saturday, May 14th at 11 AM

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 of 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 sellers acceptance. A Buyers Broker Fee of (2%) is offered on any pre-auction offers that are properly completed and submitted on the appropriate forms provided by the auction company.

SOFT CLOSE: If a bid is received within the last 3 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.

BUYERS PREMIUM TEN PERCENT (10%): Buyers Premium shall be added to the final bid price place online, which will determine the Total Contract Sales Price. Bidders hereby understand that the Buyers Premium shall 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% buyers premium = total purchase price of $110,000).

TERMS AND CONDITIONS

10% Buyers Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $5,000 required on day of sale (May 25th 2022). Close on or before July 11th 2022. Subject to seller confirmation. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence. Auction starts ending at 4 PM on May 25th 2022. 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. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps.