Details
Real Estate Auction
Accepting Online bids now and Live bids Saturday, January 11th, 2025 at Noon at our Gallery
Creek Front Property Located at 2717 Max Creek Rd, Hiwassee Va, 24347
Online and In Person-Real Estate As Follows: +/- 13.5 Acres with creek frontage on two sides. Located on the property is a three bedroom one bath farmhouse.
Live bidding will be located a 5351 Wilderness Road, Dublin VA 24084 at 12 Noon, Saturday, January 11th, 2025. Live bidding WILL NOT take place at the property premises.
PREVIEW: By appointment and day of the sale.
DIRECTIONS: From I-81 North take exit 94 for VA-99 N toward Pulaski. Keep left the fork, follow signs for Camp Powhatan. Turn left onto VA-99 S. Use the left lane to continue on Count Pulaski Dr. Turn left onto Old Route 100 rd. Turn right onto State Rte 672 for 3.6 miles. Turn right onto State Rte 693 for 1.4 miles. Turn left on to Max Creek Rd for 0.3 miles. The property will be on your right.
TERMS: Cash, approved check & all major credit cards. A Buyers Premium of 10% will be added real estate sales. In addition to Live bidding at our Gallery for the real estate, Online bidding will be offered as well for the real estate through our app. All items sold "As is, Where is." Real estate will require a 5% nonrefundable earnest money deposit day of sale and closing complete by February 11th, 2025.
Live bidding will be located a 5351 Wilderness Road, Dublin VA 24084 at 12 Noon, Saturday, January 11th, 2025. Live bidding WILL NOT take place at the property premises.
This property spans approximately 13.5 wooded acres, offering a private and tranquil setting with a creek bordering two sides, enhancing both the beauty and the potential of the land. The wooded area provides a natural buffer, creating a peaceful, secluded atmosphere perfect for nature lovers or those seeking to escape the hustle and bustle of everyday life.
The 3 Bedroom 1 bath farmhouse, while offering great potential, does need work and updates. It presents an opportunity to restore and customize a charming rural home to your liking. The structure is solid but requires some attention, whether it’s modernizing the interior, updating plumbing and electrical systems, or possibly expanding the living spaces. The surrounding acreage provides room for gardening, farming, or just enjoying the serenity of nature.
With the creek running through the property, you have an added bonus of scenic views and the calming sounds of flowing water, perfect for relaxing outdoors or creating a private retreat. This combination of wooded privacy, flowing water, and the farmhouse’s potential offers endless possibilities for the right buyer.
Terms
Terms and Conditions for Real Estate.
1) The property is being offered at auction with bidding online and in-person.
• Online Bidding Open NOW!
• Live Bidding at 12 Noon, Saturday, January 11th, 2025. Bidders will be online and there will be bidders in person. Live bidding will be located a 5351 Wilderness Road, Dublin VA 24084 at 12 Noon, Saturday, January 11th, 2025. Live bidding WILL NOT take place at the property premises.
2) Bidding Registration: Online bidder hereby agrees that they must be properly registered for the online auction. If you need assistance with registration, contact Valley Auctions at (540) 674-4771 or by email at info@valleyauctionsllc.com. Seller(s) may at their sole discretion request additional registration requirements from any bidder unknown to them or the auction company.
3) Bidding Opens/Closes: The Live/Online Auction bidding shall be opened and begin closing on the dates and times stated above.
4) Property Preview Dates: It is highly recommended that all bidders personally inspect the property prior to placing any bids in the auction. Property inspections are the sole responsibility of the bidders. The property may also be inspected by scheduling an appointment with the Auction Company at (540) 674-4771
5) Cash Offer/No Financing Contingency: By participating in this auction, bidders hereby agree that their bid shall NOT be subject to the bidder’s ability to obtain financing. By placing a bid in this auction, bidders are making a “cash offer” to purchase the property. Financing is NOT a contingency in the purchase agreement. However, if a bidder decides to purchase property with a loan, they should make sure they are approved for a loan and that lender can complete on or before closing date.
6) Buyer’s Premium: A Ten Percent (10%) Buyer’s Premium shall be added to the final bid price place online, which will determine the Total Contract Sales Price. Bidders hereby understand that the Buyer’s Premium shall be added to the winning bid to create the Total Contract Sales Price for which they are obligated to pay for the property. Example: (winning online bid $100,000 + 10% buyer’s premium = total purchase price of $110,000).
7) Purchase Contract: Winning bidder hereby agrees to enter the Real Estate Auction Purchase Contract which has been approved by the Seller, immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction the winning bidder will be forwarded via email an Auction Real Estate Sales Contract to purchase the property. A signed copy of the Auction Real Estate Sales Contract must be received by Valley Auctions LLC no later than 24 hours from the time said Purchase Contract was sent to the winning bidder. The Auction Real Estate Sales Contract may be e-signed, hand delivered, or scanned and emailed. A sample purchase contract is available for review online prior to placing any bids in the auction.
8) Earnest Money Deposit: A 5% non-refundable deposit will be wire transferred or hand delivered in the form of certified funds to Valley Auctions, LLC no later than 48 hours following the close of auction. See closing agent contact information below. The balance of the purchase price will be due in full at closing.
9) Closing: Closing shall be on or before Tuesday, February 11th, 2025.
10) Easements: The sale of the property is subject to any and all easements of record.
11) Survey: No survey is required to transfer title to the property and the Seller shall not provide any additional survey. If the Buyer desires a survey, it shall be at the Buyer’s sole expense and shall not be a contingency or requirement in the purchase contract.
12) Possession: Possession of the property will be given upon payment in full of the purchase price and transfer of title, at closing.
13) Deed: Seller shall execute a special warranty deed conveying the property to the buyer(s).
14) Taxes: Seller shall pay any previous year’s taxes (if due), and the current year’s real estate taxes shall be prorated to the date of closing.
15) Online Auction Technology (Disclaimer): Under no circumstances shall Bidder have any kind of claim against Valley Auctions, LLC, Broker of record, or anyone else, if the Internet service fails to work correctly before or during the auction. Online bidding is subject to technology faults and issues which are outside the control of the auction company. Bidder(s) are encouraged to use the “Max Bid” feature on the bidding platform and lock in their maximum bid amount if they are concerned about technology failure during the auction. The SELLER and/or Auction Company reserves the right to (pause) the online auction bidding in the event of any internal or external technology failure, to preserve the integrity of the auction event and maintain a fair and impartial bidding environment.
16) Disclaimer: All information provided is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. Information is subject to change without notice. There are no warranties either expressed or implied pertaining to this property. Real estate is being sold "As-Is, Where-Is" with NO warranties
expressed or implied. Please make all inspections and have financing arranged prior to the end of bidding. The Auctioneer reserves the right to bid on behalf of the Seller up to, but not beyond the Seller’s confirmation price (if applicable). By participating in this auction, Buyers hereby acknowledge that any bid(s) placed by them is a binding agreement to purchase the property, subject to the bid being approved by Seller (if applicable).
17) Buyer’s Broker Fee: A Buyer’s Broker Fee of (2%) is offered to VA State Licensed Real Estate Brokers under the following conditions: Buyer's agent must contact the Auction company, submit a Broker Participation Form signed by the buyer, and register buyer 48 hours prior to auction date. If these steps have not been completed, no broker participation fee will be paid.
18) Buyer is responsible for all closing costs.
