Laurel Branch Road Northwest , Floyd, VA 24091(Floyd County)

*OFFERING #s do not match tract #s on survey* Bids placed will be according to offering #s shown on sale maps not final survey. Final Survey is located at end of Bidder Pack.

OFFERING #6 - This offering consists of 65.542 acres of open and wooded land. This would be an excellent recreational tract with a country home with gorgeous views. 421 of road frontage on Laurel Branch Road and two 50 right of ways off driveway for 549 Laurel Branch Road, Floyd VA. Refer to survey in bidder pack for right of way locations.

ONLINE BIDDING Online bidding is now active and runs through 4 PM on October 27th, 2022. SOFT CLOSE.

DEED RESTRICTIONS: Deed Restrictions will be placed on property prior to closing. Deed Restrictions will restrict the following. No Industrial, feed lots, chicken farms or poultry houses, trailer parks, single-wide mobile homes, and junk yards or junk cars. Double-wide mobile homes on permanent foundation will be allowed.

WATER TROUGHS and LINES There are water troughs located throughout the property that access water from the well located on 549 Laurel Branch Road, Floyd VA. Seller is retaining that tract and water rights will not be granted to the troughs from that well. Purchasers will need to install their own wells. There is a map that shows location of waterlines in bidder pack.

BIDDER PACK: Download Bidder Pack for complete information on each offering. Bidder Pack has maps, complete terms and conditions, sample contracts, tax cards, and soil work. Some of the plats in Bidder Pack 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 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.

SIMULTANEOUS CLOSE OF LOT BIDDING: Bidders desiring more than one lot will need to be high bidder on all lots desired. Each offering will stay open until all bidding is complete and all offerings will close simultaneously.

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).

GENERAL TERMS AND CONDITIONS: 10% Buyers Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $10,000 per tract required on day of sale (October 27th 2022). Close on or before December 12th, 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. Tracts are being offered individually and if bidder wishes to purchase multiple tracts, bidder will need to be the high/winning bidder on both offerings. Auction starts ending at 4 PM on October 27th 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.

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 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.