Super Real Estate Investment Opportunity! Live / Online Simu

Johnson Properties Realtors & Auctioneers, Inc.

 

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

Tuesday August 2, 2022 at 12:00 PM

Past Auction
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Bidding Notice:

This is a Live & Online Simulcast auction. Pre-bidding is available now; the LIVE auction will start on Tuesday August 2, 2022 at 12:00 PM. Bidding can take place online or at the live auction. The live event will be held at 519 Jones Franklin Road Raleigh NC 27606. 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 ... Show More

Auction Notice:

These properties will be sold subject to seller confirmation. 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 Super Real Estate Investment Opportunity! Live / Online Simu
Auctioneer
Type Live Webcast Auction
Date(s) 6/28/2022 - 8/2/2022
Auction Date/Time Info
Tuesday August 2, 2022 at 12:00 PM
Preview Date/Time Tuesday, August 2nd from 10:30 am until 12:00 Noon (Auction Time) or by appointment
Checkout Date/Time Tuesday August 2, 2022 at 12:00 PM
Location
Buyer Premium 7% online - 6% onsite
Description
This is early notice of a golden opportunity for the Savvy Real Estate Investors in Wake County! This tract fronts Jones Franklin Road just a few hundred feet from the Beltline and is surely to be a grand investment for the future! This spacious tract sits on the corner of Waters Edge Drive and Jones Franklin Road just minutes from Raleigh and Cary Shopping. This will be a live / Onsite / Simulcast Event held right on the property! Gather your money and get ready for the Investment of the year in one of the fastest growing markets in the United States! This is a rare opportunity to purchase property at public auction with this much potential!
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 subject to seller confirmation. 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. *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
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 5,000.00 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). The property is being sold subject to seller confirmation.
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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.