Lot # : 1 - 1,632 sq. ft., brick veneer, 3 bdr, 2 bath home

Saturday, January 26, 2019 starting at 12:00 noon.

Investors or just starting out this home has what you have been looking with approximately 1,632 sq. ft., brick veneer, 3 bedrooms, 2 bath home that was built in 1964. It has a working brick fireplace in den with built-in cabinets on both sides. Also a two level bar divides kitchen from the large den, Kitchen comes with a built in oven and drop in cook top with vented hood and plenty of cabinet space with a window above the kitchen sink. Also has a formal dining room, formal living room, foyer with closet which has carpet over hardwood floors. The master bedroom is on the back of the house that has ceramic walls & floors master bath and a cast-iron tub shower combination with glass doors. Hall bath has ceramic floors, walls & shower. The house is heated by oil fired hot water boiler with room baseboard radiators and cooling with window air conditioning units and a whole house ceiling exhaust fan located in the hall. If you need extra storage there is a disappearing attic stairs. This is all located on .48 of acre lot on Old Hwy 11 in Deep Run with community water and a septic system. South Lenoir High School entrance is only one house down and its parking lot is at the back of the lot divided by a fence. The home is right across the street is Southern Bank and only a block away from a Family Dollar Store & the Deep Run Volunteer Fire Department. This home needs roofing shingles replaced or repaired, master bedroom hardwood floor has been removed and plywood installed ready for floor covering of your choice. Kitchen and laundry room has vinyl, den, living room, formal dining, foyer, hall and front 2 bedrooms are believed to have oak hardwood floors that are covered with carpet but will need further inspection to be sure. Auction will be Saturday January 26 @ 12:00 PM noon and if it does not bring the very low reserve price or owners doesn’t accept a lower offer it will continue to be listed on the a NC Regional MLS at the listed price of $60,000. Real Estate & Personal Property Auction Terms & Conditions: This property is being offered, as is, on Brown Realty & Auction MLS # 100142387 https://ncr.flexmls.com/ as a standard real estate listing till two weeks before Auction (January 12, 2019 @ 12 noon) and maybe removed before the auction if an approved offer is made if not it will be auctioned on Saturday January 26 @ 12:00 PM noon. Open houses/viewings: By appointment and Saturday January 12 from 10 AM - Lunch and Sunday January 13 from 2- 4 PM. Valid bank letter of credit required for bidding approval. 15% Buyers Premium with a 3% discount for cash or check applies to all bids and added to the final bid price to determine the sales price, 10% NON REFUNDABLE The successful high bidder of the property will be required to sign a Real Estate Purchase Agreement by 3:00 PM the day after the auction, and will make an earnest money deposit of ten percent (10%) of the total sales price payable to Brown Auction & Realty Escrow Account with accepted forms of payment: Visa, MasterCard, Discover, and American Express credit cards, or personal/company check. The balance due within 30 days at closing with accepted forms of payment: Certified Check, Money Order, Wire Transfer, and Cash at closing. The contract will not be contingent upon financing. POSESSION will be after closing. Brown & Thigpen Auctions LLC and Brown & Kennedy Construction Co. Inc dba Brown Realty & Auctions make no representations or warranties, expressed or implied, concerning the items being sold. Descriptions of the items are believed to be correct but are not guaranteed. It is the Buyer's responsibility to conduct any inspections prior to the auction. All due diligence periods end the date the auction is scheduled to end and prior to the end of the auction. Please take advantage of Preview times to inspect as Bidders are responsible for your bid! Auctioneer reserves the right to add or delete due to prior sale or otherwise. Announcements auction day take precedence. Individuals agree that the Auction Co., its representatives or the Seller are not responsible for any damage to person or property while on the premises. Color of items in pictures may be different than actual items due to lighting conditions. All measurements are +/- accuracy. PLEASE REFRESH YOUR SCREEN OFTEN TO ASSURE YOUR VIEW IS CURRENT WITH THE SALE. It is possible that the property being sold is subject to local, state and federal regulatory authorities and it is the Buyer's responsibility to ascertain if they are subject to regulation and permitting. Brown & Thigpen Auctions LLC & Brown & Kennedy Construction Co. Inc dba Brown Realty & Auctions have attempted to find or locate all information deemed material facts. Ultimately, it is the Buyer's responsibility to inspect all aspects of the property before placing a bid. No sale shall be invalidated by the Buyer as a result of he/she not conducting their own inspection prior to placing a bid or doing due diligence. It is automatically acknowledged by placing a bid that you have personally inspected the property, hired an agent to inspect the property, or waived your right to inspect the property. All transactions are between the seller and the buyer. The auctioneer/realtor is acting only as the seller's agent. Winning Bidder Notification: If you are the winning bidder you will be notified with an invoice via email within 12 hours of the close of the auction. Server & Software Technical Issues: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, the Auctioneer reserves the right to extend bidding, continue the bidding, or close the bidding. Property selling AS-IS with no guaranties or warranties expressed by the sellers or the auction/realtor company. Property is sold subject to all easements of record including but not limited to city access and utilities. All inspections of properties should be done prior to bidding; inspections can be arranged by contacting our office. Property was built before 1978 and under Federal law a lead based paint disclosure must be signed. If you would like to inspect for lead based paint or other items the inspection period is January 2nd - 25th. Please note that all information is published for the convenience of buyers and should not be relied on exclusively. Current taxes will be prorated at the date of closing. Seller has the option of extending the contract 30 days to correct an unforeseen title issues that may arise. All Measurements are from independent surveys and tax records and not guaranteed by the seller or the auction company. - Please read below for further terms and conditions. Seller will convey the Property by General Warranty Deed. The Property is selling subject to, and any Contract is not contingent upon, any state of facts an accurate survey or personal inspection of the Property may reveal, any existing rights-of-way, easements, or claims to easements, encroachments, rights or claims of parties in possession, restrictive and protective covenants, flood zones, zoning, or subdivision regulations, building codes, health and safety codes, governmental agencies regulations, environmental conditions, hazardous materials, leases or tenancies, any mineral rights, reservations or leases, and subject also to all title exceptions as set forth in the Title Commitment that is available for inspection. Default In the event the Purchaser fails to close and pay his/her balance when due, Seller reserves all rights allowed by law and the sales contract, including a suit for damages, specific performance or cancellation of the sale with the Seller to retain the earnest money deposit. Any action taken after default shall be solely at the Seller's option with all costs incurred by Seller being paid by the Purchaser. Any contract disputes will be tried or mediated in Lenoir county North Carolina. The Auctioneer/realtor reserves the right to cancel, suspend, extend or reschedule the auction event. The auctioneer reserves the right to make changes to the auction closing times or inspection. Email notifications will be sent to registered bidders with updated information as deemed necessary by the Auctioneer. PLEASE READ ALL TERMS AND CONDITIONS BEFORE BIDDING. BY BIDDING, YOU ARE AGREEING TO THESE TERMS AND CONDITIONS. PLEASE NOTE THAT ALL ONLINE AUCTION SYSTEMS ARE SUBJECT TO VARIOUS INTERNET SPEEDS. YOU ARE ENCOURAGED TO USE THE MAXIMUM BID FEATURE AND YOU ARE ENCOURAGED TO NOT BID "AT THE LAST SECOND". ENTER YOUR BIDS PROMPTLY TO ALLOW THE ONLINE SYSTEM TO PROCESS ALL BIDS IN A TIMELY FASHION. GOOD LUCK! Currency Type: USD Time Zone: Eastern Standard Time.