Terms and Conditions
PLEASE NOTE: This sale will require approval to register to bid by the trustee. Thank you for your patience. Also note that you can't have any delinquent taxes owed to the City of Petersburg.
The terms of sale shall be cash, or alternatively, a down payment of no less than 20% of the successful bid price in cash or certified funds at time of sale, payable to Jason A. Dunn, PLC. The balance is due in full ten days after the auction, by cash or certified funds. The high bidder will also be responsible for all recording fees due and a 10% buyer’s premium. These sums will be added to the high bid price.
The owner of record shall have until February 6, 2023 at 5 p.m. to redeem any property listed above. Online bidding will be available only through Counts Realty and Auction Group. To register for online bidding, you must register to bid at www.countsauction.com. The online bidding will begin to close on Tuesday, February 14, 2023 @ 10:00 am (Eastern Time). The Auction is scheduled to end at the published end time, subject to auto-extend bidding. Each time a bid is placed with the clock showing less than 2 minutes, the clock will reset to 2 minutes. If there are no bids within 2 minutes, the auction will end for that property.
The said real estate shall be sold, pursuant to Va. Code §58.1-3967, et seq., free of all claims of any creditor, person or entity as provided therein, except current quarter real estate taxes which will be prorated, and sold “as is”, in gross and not by the acre, and without any warranty or representations of any kind whatsoever regarding, without limitation, restrictions, conditions, easements, liens or encumbrances, possible rights of parties in possession, encroachments, overlaps, gaps and gores, deficiency in quantity, all questions of boundaries, location and acreage which a current and accurate survey would disclose, roadways, environmental and wetland matters, unrecorded easements, matters which would be disclosed by an inspection of the premises, or any other matter of record or not of record. The sale shall be subject to confirmation by the Circuit Court.