ABSOLUTE TRUSTEE AUCTION - 1743 Potters Creek Rd., Penhook VA
DATE: Saturday, June 8, 2019
AUCTION SALE SITE: 1743 Potters Creek Rd., Penhook VA
PROPERTY INFORMATION: 331.466 acres. This tract has approximately 100 acres of open, tillable land with the balance in 12 to 15-year-old planted pines. There are 3 ponds on the tract ranging in size from 0.25 acres to 2.5 acres. In addition, there are three wells on this tract. There is a 45’ x 150’ barn as well as a 35’ x 135’ greenhouse located on the tract. One of the great features of this tract is it has over 6,700’ of frontage on the Pigg River. There are several excellent access points to the river. There are a couple of houses on the tract in various stages of repair. This tract has excellent soil for crops along with outstanding views of the surrounding countryside.
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. Property & Sale site will be on the right.
PREVIEW DATES: Friday May 31st (10:00AM-11:00AM) & Saturday, June 1st (10:00AM-11:00AM). Self-guided tours are welcome anytime.
SALE MANAGERS: George McDaniel (434) 546-9235 and Pete Ramsey (434) 258-6611.
Email us: firstname.lastname@example.org
Terms and Conditions
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 12, 2019. 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.