Details
AUCTION DATE: Friday, August 1, 2025 @ 12:00 noon
PROPERTY LOCATION:
There are two properties we are selling.
Tract 1: 600 Bearskin Substation Rd., Chatham, VA
Tract 2: 12957 US Highway #29, Chatham, VA
County: Pittsylvania County
LOCATION OF AUCTION:
Off-site bidding location: Pittsylvania Co., VA Circuit Courthouse, 1 Main St., Chatham, VA 24531
PREVIEW DATES: No previews scheduled, drive by inspections only. Access to the properties is not allowed. Contact the sales managers for more information.
SALES MANAGERS:
Pete Ramsey - 434-258-6611 - pete@countsauction.com
George McDaniel - 434-546-9235 - gmcdaniel@countsauction.com
Property Overview:
What's selling: We will be selling 2 tracts of land in Pittsylvania County. Chatham, VA
Two tracts of land
Tract 1 A 2,100’ house with 3 bedrooms and 2 baths on 2.33 acres located at the end of Bearskin Substation Rd., Chatham, VA (tax parcel #2406-19-7076)
Tract 2 A 1,056’ house plus multiple outbuildings on 19.19 acres located at 12957 US Highway #29, Chatham, VA. (tax parcels #2424-14-3176 and 2424-04-9040). This property has approximately 725’ of road frontage on US Highway 29 and about 1,775’ of frontage on the Banister River. The property is mostly open cropland.
Contact Information:
For more details, please reach out to our sales managers:
- Pete Ramey: 434-258-6611 pete@countsauction.com
- George McDaniel: 434-546-9235 gmcdaniel@countsauction.com
Directions:
Tract 1: From the intersection of Main St. and Rt. 57 W in Chatham, go 4.5 miles on Rt. 57 W (Depot St) to Climax Rd. Turn right onto Climax Rd. and go 500’ to Bearskin Substation Rd. Turn right onto Bearskin Substation Rd. and go 0.5 miles. The property will be on the right.
Tract 2: From the stoplight in Tightsqueeze on Rt. 29, go south on Rt. 29 for 0.7 miles. The property will be on the right just before Rt. 29 crosses the Banister River.
Buyer's Premium: 10%
Terms: A $15,000 deposit in certified funds per tract is due on sale day with the balance due at closing in 30 days. Full terms listed below.
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 $15,000 in certified funds per tract is due on sale day with the balance due in 30 days from the sale date. 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.
Controlling Law:
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.
Compliance:
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.
