WHAT IS A BUYER'S PREMIUM?
Posted on 10/06/2019
LIVE: August 29 • 12 Noon ET
Estate Of Carrie H Parker
Details: http://www.atlanticcoastauctions.com/auction/354592/real-estate-auction/
Property Location: 4728 Dickerson Mill Rd, Bedford, VA 24523
Auction Location: Bedford Welcome Center
816 Burks Hill Rd, Bedford, VA 24523
Previews:
August 1 & 15
12 Noon to 2 PM ET
Details:
2,000± sq ft circa 1950 Mid-century farmhouse
3 BR, 2 BA on 1.809± acres
Close to Lynchburg, Roanoke, Bedford & Smith Mountain Lake
Three Additional Parcels:
Parcel #2 – 1.796± acres
Parcel #3 – 2.138± acres
Parcel #4 – 2.549± acres
Rick Manley 540-874-5965 Forrest Harkrader 540-309-6362
info@atlanticcoastauctions.com
REAL ESTATE TERMS & CONDITIONS
Terms: Property sells “AS-IS” without warranties of any kind. Potential Purchasers must perform own Due Diligence with respect to property. Title: Property to convey by Special Warranty Deed. Registration: Bids accepted only from registered bidders. Please have a valid form of I.D. (Drivers License) Announcements made on day of sale take precedence over all prior communications, both verbal and written, concerning the sale of the Property. Buyer’s Premium: A 5% buyer’s premium will be added to the high bid to determine the final sales price. Deposit: Equal to 10% of final contract price (bid price plus buyer’s premium) due day of sale by cash or good check. Approval: High bid subject to approval. Closing: Balance of Purchase Price shall be due at closing 30 days after the auction. Agency: The auction company and its representatives represent the sellers.
VAAF #795
