AUCTION DATE: **POSTPONED**
LOCATION OF AUCTION: Off-site bidding location: Farmington Clubhouse, 1053 Helmsdale Dr., Forest, VA 24551
PROPERTY ADRESS: 1520 Grassy Mountain Ln., Forest, VA 24551
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PREVIEW DATES: There will be no preview dates. Drive-by inspections only. Potential bidders are not allowed on the property. Contact one of the sales managers for preview information.
Pete Ramsey - 434-258-6611 - firstname.lastname@example.org
George McDaniel - 434-546-9235 - email@example.com
A 1,690' house on 20 acres. The house has 3 bedrooms and 2 baths. The property is mostly wooded. There are some excellent views from the area of the house.
From Jefferson Forest High School, go 4.1 miles on Perrowville Road (Rt. 663) to Coffee Road (Rt. 644). Turn right onto Coffee Road and go 0.6 miles to Grassy Mountain Lane. Turn left onto Grassy Mountain Lane and go 0.8 miles to the house.
Terms and Conditions
Terms & Conditions:
A 10% buyer's premium will be added to the final high bid to determine contract price. A deposit of $5,000 in certified funds is due on sale day with the balance due at closing in 30 days. The high bidder will be required to sign a contract the day of the sale and pay the deposit. NOTE: By bidding at this sale, the Buyer hereby acknowledges receipt of and agrees to all these Terms and Conditions.
Due Diligence: Any reliance on the content of information provided shall be solely at the recipient's risk. All information is believed to be correct but is not guaranteed. Bidders must conduct and rely solely upon their own due diligence. The property is being sold "AS-IS" with all faults.
The respective rights and obligations of the parties with respect to the Conditions of Sale and the conduct of the sale shall be governed and interpreted by the laws of the Commonwealth of Virginia. By making an offer at the sale, whether present in person or by agent, written offer, telephone, online or other means, the participant shall be deemed to have consented to the jurisdiction of the state and federal courts of the Commonwealth of Virginia.
Acceptance of the terms is acknowledged by placing a bid.
For the purpose of ensuring compliance with applicable federal regulations restricting “related party” transactions by Farm Credit of The Virginias, ACA (Bank), Purchaser represents and warrants to Bank that as of the date of this Contract, Purchaser is not an employee, director, or officer of Bank or an immediate family member (meaning spouse, parent, sibling, child, step child, parent-in-law, sibling-in-law, or daughter-in-law) of any employee, director, or officer of Bank.
If Purchaser is a corporation, partnership, limited liability company, or other entity, Purchaser represents and warrants that none of its manager(s) or owner(s) are related parties of Bank 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 considered for purposes of this representation.
If Purchaser is a trust, Purchaser represents and warrants that neither is trustee(s) nor its beneficiaries are related parties of Bank as described above.