Fairview Church Road Southwest , Floyd, VA 24091(Floyd County)

707 Fairview Church Rd., Floyd, VA 24091

OFFERING #1 - This offering consists of 6.592 acres. Mostly open land on Fairview Church Rd. Has a spring on the property which supplies water to water box for livestock and to a hydrant on Offering 2. An easement will be recorded for water rights at closing.

OFFERING #2 - This offering consists of 12.915 acres. Mostly open with some wooded acreage on Fairview Church Rd. Has an old barn and large building on the property. Multiple home sites with great long range views. Hydrant located on this property and is supplied with water from spring on Offering 1. An easement will be recorded at closing.

OFFERING #3 - This offering consists of a 2 Bedroom, 1 Bath brick ranch home and 12.355 acres. Home features 1,276 +/- square feet. Has a heat pump, newer metal roof and partial basement. Double attached garage and storage building on the property. Has spring water which is located on Offering 5 and an easement will be recorded at closing. Additional spring on the NE corner provides water for livestock. Acreage consists of mostly open pasture or hay land with some mature hardwood along back boundary. House address is 707 Fairview Church Rd.

OFFERING #4 - This offering consists of 47.910 acres. Mostly open land with some wooded areas. Has creek frontage and 1,583 feet of frontage on Spring Dale Rd. Multiple building sites on gentle to level slope with long range views.

OFFERING #5 - This offering consists of 36.793 acres. Mostly open with some wooded land and long range views. Has a pond and creek frontage. Fronts on Fairview Church Rd and Spring Dale Rd. Spring rights will convey to Offering 3.

OFFERING #6 - This offering consists of 34.031 acres. Mostly wooded and level with some timber value. Has a small spring branch running along the northern boundary and discontinued State Route 715 along southern boundary. Fronts on Spring Dale Rd. Has an old pole shed on the property.

House Preview: Thursday December 1st at 4 PM

ONLINE BIDDING Online bidding is now active and runs through 3 PM on December 15th, 2022. SOFT CLOSE.

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 online bid, which will determine the Total Contract Sales Price. Bidders hereby acknowledge and understand that the Buyers 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% 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 (December 15th, 2022). Close on or before January 30th, 2023. 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 3 PM on December 15th, 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 money 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 on a 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 Participation 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.