Bidding Notice:

This is a Live & Online Simulcast auction. Pre-bidding is available now; the LIVE auction will start on Thursday, OCtober 19th at 12:00 pm. Bidding can take place online or at the live auction. The live event will be held at 4080 Rosehill Rd Fayetteville, NC 28311. 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 Information
Name Brick Ranch on Large Corner Lot in Pinecrest Acres
Auctioneer
Type Live Webcast Auction
Date(s) 9/14/2023 - 10/19/2023
Preview Date/Time Thursday September 28th 12-1pm Thursday October 19th 10am-12pm
Location
Buyer Premium 7% Online
Description
Here is a great opportunity to buy a ranch home on a corner lot with a detached building that served as a craft room. There are 3 bedrooms and 2 baths with a huge owner's suite and bath and a single car carport. The home also boasts a metal roof and 2 additional storage type builsing for all those necessary tools, etc. We will be conducting an online only event for the personal property in the next few weeks followed by an online/live simulcast to buy a great home in an established neighborhood (Pinecrest Acres). Zoning: SF15 Utilities: City water and sewer Elementary School: Warrenwood Elementary School Middle School: Nick Jeralds Middle School High School: EE Smith High School
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 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. A portion of the property may be offered “with reserve” and the auction firm reserves the right to bid on the sellers’ behalf up to the reserve. 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. Earnest money deposit cannot be paid with a credit card. 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 purchased 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
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 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.