Sowers Rd NE , Floyd, VA 24091(Floyd County)

The location of this property is unbeatable, situated near the Little River and near Route 8 in Floyd VA, it offers easy access to the town of Floyd, Christiansburg, Blacksburg, and Radford VA. Whether you're a hunting or fishing enthusiast or simply enjoy the great outdoors, this land is perfect for you. If you're looking for a peaceful retreat away from the hustle and bustle of city life, don't miss your chance to own this recreational land tract in Floyd VA.

Online Auction Ending Tuesday, May 23rd at 4 PM

TBD Sowers Rd., Floyd, VA 24091

Download Bidder Pack for Online Bidders Agreement, Maps, Sample Contracts, and Property Information.

ONLINE BIDDING Online bidding is now active and runs through 4 PM May 23rd, 2023. SOFT CLOSE.

BIDDER PACK: Download Bidder Pack for complete information on each offering. Bidder Pack has maps, complete terms and conditions, sample contracts, and tax cards.

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 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). Buyers Premium is not due on day of auction, its added into high bid to arrive at a final contract price.

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.

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 by 5 pm (May 24th, 2023). Close on or before July 10th, 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. If confirmed Buyer will be expected to sign a Real Estate Purchase Agreement. Auction starts ending at 4 PM on May 23rd, 2023. Please note that during the last three 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.