ABSOLUTE TRUSTEE AUCTION: 21± Acres - Outbuildings - House
DATE: Saturday, June 20, 2020
AUCTION SALE SITE: 132 Carter Dr., Ferrum, VA 24088 (Franklin County)
PROPERTY INFORMATION: A 1,760’ house with 3 bedrooms and 1 bath. In addition, there is a nice metal clad pole shed that is approximately 75’ L x 15’ D x 13’ H. There are several smaller outbuildings on the property. All of this is on 21.162 acres. The land is suitable for pasture and/or crops with some wooded areas.
AUCTION SITE DIRECTIONS: From Ferrum, take Rt. 623 ( Ferrum School Rd/Ingramville Rd) for 2.5 miles to Rt. 778 (Republican Church Rd). Turn left onto Republican Church Rd and go 1.6 miles to Carter Dr. Turn left onto Carter Dr and go 0.2 miles. The property will be on both sides of the road.
PREVIEW DATES: Saturday, June 6 (10:00 – 11:00 am) and Saturday, June 13 (10:00 am – 11:00 am). Self-guided tours of the land is welcome anytime.
SALE MANAGERS: Pete Ramsey (434) 258-6611 and George McDaniel (434) 546-9235
Terms and Conditions
10% BP, $10k deposit on sale day in certified funds. The balance will be due within 30 days of the auction date. Real Estate taxes will be prorated as of the auction date. For the purposes of ensuring com-pliance with applicable federal regulations restricting “related party” transactions by Seller, Purchaser represents and warrants to Seller that as of the date of this Contract, Purchaser is not an employee, direc-tor, or officer of Seller or an immediate family member (meaning spouse, parent, sibling, child, step child, parent-in-law, sibling-in-law, son-in-law or daughter-in-law) of any employee, director or officer of Seller. If purchaser is a corporation, partnership, limited liability company, or other entity, Purchaser represents and warrants that none of its manager(s) or owners(s) are related parties of Seller as described above, unless Purchaser is a public company whose entity is traded on a national recognized exchange, in which case, only a controlling interest shall be consider for purposes of this representation. If purchaser is a trust, Purchaser represents and warrants that neither its trustee(s) not its beneficiaries are related parties of Seller as described above. Additional information & photos available on our website.