Name Home in Erwin NC selling at Absolute Auction!
Auctioneer Johnson Properties Realtors & Auctioneers, Inc.
Type Live Webcast Auction
Date(s) 8/2/2022
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
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!
Auction Terms & 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 --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 2,500.00 USD
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.