Auction Details

ABSOLUTE TRUSTEE AUCTION  -  Live Auction


Dates
Starts: Sat, Jun 2 at 10:00 AM US/Eastern

Preview Info
Wed, May 16 at 10:00 AM  -  Wed, May 16 at 11:00 AM US/Eastern

Sat, May 19 at 10:00 AM  -  Sat, May 19 at 11:00 AM US/Eastern

Sun, May 20 at 10:00 AM  -  Sun, May 20 at 11:00 AM US/Eastern

Sat, May 26 at 10:00 AM  -  Sat, May 26 at 11:00 AM US/Eastern

Previews will start at Tract 1: 1743 Potters Creek Rd.

364+/- Acres in Penhook VA, selling in 2 Tracts
Road frontage along Potters Creek Rd.

Tract 1: 331+/- Acres
  • 100 acres are open, great for crops and/or pasture
  • The balance of acreage is 12 to 15-year-old planted pines
  • 3 Ponds ranging in size from 0.25 to 2.5 acres
  • The property also has 3 wells, 45’ x 50’ barn, 35’ x 135’ greenhouse
  • 6700 ‘ of frontage on Pigg River with several access points

Tract 2: 32+/- Acres
  • 7 acres is open tillable land
  • The balance of acreage is 12 to 15-year-old planted pines
  • House is on this tract, 2BR, 1BA
  • The property also has a 40’ x 125’ metal Quonset type shed, great for equipment storage
Sale Managers: Pete Ramsey (tel:434-258-6611) or George McDaniel (tel:434-546-9235)

Directions: From the intersection of Rt. 40 and Rt. 890 (Snow Creek Rd.) just east of Penhook, go 6.2 miles on Snow Creek Rd. (Rt. 890) to Potters Creek Rd. (Rt. 790). Turn right onto Potters Creek Rd. and go 0.4 miles. Tract 2 will be on the left and Tract 1 will be on the right.

10% Buyer’s Premium added to high bid(s) determining the contract sales price(s). $20,000 in certified funds on sale day with a wire transfer to the Trustee in an amount necessary to bring the deposit to a total equal to 10% of the contract price. Such additional money must be received by the Trustee no later than 5:00 pm EDT on Wednesday, June 6, 2018. The balance of the purchase price is due within 30 days of the sale date. (EMPLOYEES, DIRECTORS & OFFICERS OF FARM CREDIT OF THE VIRGINIAS, ACA, AND THEIR IMMEDIATE FAMILIES & COMPANIES IN WHICH THEY HAVE AN INTEREST ARE NOT ELIGIBLE UNDER FEDERAL REGULATIONS TO PURCHASE THIS PROPERTY) This is a sale by a Trustee under a Deed of Trust pursuant to the request of the secured party. The property is being sold in “AS IS” condition, without any representations or warranties of any kind or character, including, but not limited to the condition of the real estate or the title to the real estate to be conveyed. Announcements made on the day of sale take precedence over any pre-printed terms of sale.



Potential buyers must perform such independent investigations with respect to property as they deem necessary to verify information provided by the auction company and/or seller. All information provided by the auction company and/or seller is deemed reliable but not warranted. All property is being sold “as is” without representations or warranties of any kind or nature. Please inspect the property before bidding. All sales are final. Announcements made the day of the auction take precedence over all prior releases, verbal and written, concerning this sale. The auction company and its representatives represent the seller.

33 Acre Plat

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33 Acre Plat

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331 Acre Plat

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331 Acre Plat

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Property Flyer

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Licensed in: VA, NC, SC, GA, TN, WV, DE, RI, MD & DC

The Counts Realty & Auction Group
828 Main Street, 15th Floor
Lynchburg, VA 24504

Email:  counts@countsauction.com
Office: 434-525-2991
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