Alum Spring Rd , Pulaski, VA 24301(Pulaski County)

Tracts 7 9: These parcels are level lots with frontage on Rt. 639, Loving Field Road. Each lot offers mountain views.

The property is identified as Pulaski County Tax Map Parcel 054-001-0000-0041. It has a current tax assessed value of $846,400 and is zoned

A-1, Agricultural District. Public water is available.

Broker Participation

Any broker actively licensed in the Commonwealth of Virginia whose agent properly registers the successful high bidder will be paid a two percent (2%) commission at settlement by the Seller. Registration must be on a Woltz & Associates, Inc. Broker Participation Application form and contain the name, address and signature of agent and prospect as well as Brokers license number and Federal Tax ID number. The form must be received in the office of Woltz & Associates, Inc. by 12:00 noon on June 4, 2015. If prospect attends preview, agent must attend with prospect. Additionally, agent must attend sale and co-register with prospect on auction day. Only the first broker to register the high bidder will be paid a commission. Agents acting as principals, on behalf of licensed real estate agents, on behalf of family members, on behalf of entities in which they hold an ownership interest or who represent prospects who have had prior contact with Seller or Auction Company are not eligible.

Terms and Conditions

REGISTRATION: Bids will be accepted only from registered bidders. Registration begins at 1:00 PM. Please bring your drivers license for identification.

TERMS OF SALE: The real estate is being sold subject to Seller confirmation. All property is sold AS IS, WHERE IS and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries and due diligence with respect to the property as they deem necessary or appropriate. ALL SALES ARE FINAL.

ANNOUNCEMENTS: Announcements made day of sale take precedence over all prior communications, verbal and written, concerning this sale.

BIDDING: Registered bidders may bid on individual tracts of land, any combination of individual tracts and the property in its entirety.

BUYERS PREMIUM: A Buyers Premium will be charged. The Buyers Premium is five percent (5%) of the high bid amount. The Buyers Premium will be added to the high bid amount to determine the sale price.

DEPOSIT ON REAL ESTATE: Successful bidders will be required to pay a deposit in the amount of ten percent (10%) of the sale price (high bid plus Buyers Premium) on day of sale. The deposit is payable by cashiers check or pre-approved personal check made payable to Woltz & Associates, Inc. Escrow Account. Personal checks will be approved if the Buyer presents, at time of registration, a letter from its bank stating that the Buyer is a customer of the bank and that the account on which the check is drawn is in good standing.

CLOSING DATE: The balance of the purchase price is due at settlement on or before July 20, 2015. This is a cash transaction is not conditioned upon the bidder obtaining financing.

TRANSFER OF TITLE: The Real Estate will be conveyed by general warranty deed free and clear of liens subject, however, to any rights of way, easements, covenants and restrictions of record

AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER.

BIDDER PACKETS: The Auction Company will have Preliminary Bidder Packets available on the inspection days and upon request.

BOUNDARY LINES: Boundaries shown on aerial photographs and topographical maps which are provided by the Auction Company as a courtesy to bidders are approximate. Bidders should refer to the survey provided in the Bidder Packet for boundary locations.