Home in Erwin NC selling at Absolute Auction!

Live Webcast Auction

Johnson Properties Realtors & Auctioneers, Inc.

201 3rd St.

Erwin, NC 28339

Date(s) 6/28/2022 - 8/2/2022

Starts Ending Tuesday August 2, 2022 at 5:30 PM

Past Auction

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Catalog

View Catalog (1 Lots)

Bidding Notice:

This is a Live & Online Simulcast auction. Pre-bidding is available now; the LIVE auction will start at 5:30 PM EST on Tuesday August 2, 2022. Bidding can take place online or at the live auction. DO NOT WAIT until the last day to register for this auction. You may lose out on bidding if there are any complications with the system. You can register and wait to place a bid, but it is very ... Show More

Auction Notice:

This property will be sold absolute. Bidding confirms you have inspected the property, read the Terms and Conditions, and reviewed the sample contract and any other linked documents.

Auction Information

Name	Home in Erwin NC selling at Absolute Auction!
Auctioneer	Johnson Properties Realtors & Auctioneers, Inc.
Type	Live Webcast Auction
Date(s)	6/28/2022 - 8/2/2022
Auction Date/Time Info	Starts Ending Tuesday August 2, 2022 at 5:30 PM
Preview Date/Time	Monday, July 18th, 1:00 to 2:00 pm. Auction Day: Tuesday, August 2nd, 3:30 pm until the auction begins at 5:30 pm sharp! Or by appointment
Checkout Date/Time	Starts Ending Tuesday August 2, 2022 at 5:30 PM
Location	201 3rd St. Erwin, NC 28339
Buyer Premium	7% online - 6% onsite
Description	This is notice of a very important auction coming up in Erwin, NC! Ms. Loretta is relocating and she has called on the JP Auction Team to assist with selling her home and all furnishings at absolute auction! This is a great opportunity for the savvy investors or someone looking for that perfect bungalow on 3 lots in Erwin! This place is a super rental prospect as well! Convenient to Dunn, Erwin and all shopping. Only minutes to Campbell University! This is a real gem! We will be offering all of the personal property in an online only event ending on Monday July 18th (see additional posting on the JP site). This home will be in a live / onsite / simulcast Auction held right in the front yard! This two bedroom home has a fenced back yard and an above ground pool that is perfect for the entire family!

Terms and Conditions

1. BUYERS PREMIUM: Real Estate: A 6% (onsite) or a 7% (online) buyer’s premium will be added to the successful bidders high bid and will be included in the total contract purchase price. This property will be sold absolute. 2. CONDITIONS: The information contained on this web site and all related auction materials are subject to the terms and conditions of the CONTRACT OF SALE. Buyer’s complete inspection of property is encouraged. Title X: Under Title X, the purchaser of a single family residence built prior to 1978 has a maximum of ten (10) days to conduct a risk assessment or inspection of the property for the presence of lead-based paint and/or lead-based paint hazards. *3. BROKER PARTICIPATION WELCOME: Any broker actively licensed in North Carolina whose agent properly registers the successful high bidder, will be paid a 2% commission, based on gavel price, at settlement by the seller. Registration must be on a Johnson Properties Realtors & Auctioneers Inc. Broker Pre-Registration Agreement. The properly completed agreement must be received in the office of Johnson Properties Realtors & Auctioneers Inc. no less than 48 hours prior to the auction. Additionally, agent must attend sale and co-register with prospect on Auction day. Only the first agent to register the high bidder will be paid a commission. Agents acting as principals, on behalf of other licensed real estate agents or on behalf of family members, or who represent prospects who have had prior contact with the Seller or Auction Company are not eligible. Brokers may pre-register only one potential buyer. 4. DEPOSIT: A 10% Earnest money deposit is required on day of sale. Balance due on or before 45 days post auction. 5. AUCTIONEERS DISCLAIMER: All information contained herein is provided without representation or warranty as to the accuracy of the same. Buyers shall rely on their own judgment and inspection. Property to be sold AS IS, WHERE IS, with all faults if any. The Auction Firm and Sellers reserve the right to entertain any reasonable offers, which may be accepted, prior to the auction. 6. ATTENTION AUCTION BUYERS: We suggest that you arrive one hour prior to the auction in order to register and have any last minute questions answered. NCAL: #7340

Bid Increments

Your bid must adhere to the bid increment schedule.

Bid Amount	Bid Increment
0.00 - 9,999,999.99	2,500.00 USD

Payment Information

Currency	USD
Buyer Premium	7% online - 6% onsite
Payment Terms	A ten percent (10%) earnest money deposit is required in the form of a certified check, cash or wire transfer. The earnest money deposit is due within 72-hours of the close of the auction with the balance of the contract purchase price due at closing within 45 days. Purchaser shall be responsible for all wire transfer fees ($25). This property will be sold absolute.

Shipping / Pick Up

None

Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.