Bidder agrees to comply with these Terms & Conditions defined below as a prerequisite for Blue Ridge Mountain Realty’s acceptance of the Bidder's Registration and Bid Card ID. Bidders with NEGATIVE scores and UNPAID auctions will be removed. The total amount due will be the final 'hammer' price plus the buyer premium (10%) and 1% Earnest Money Deposit. Bidders are encouraged to conduct due diligence on all purchases and to seek legal advice regarding the purchase of these and any properties. An Earnest money deposit of 1% of the purchase price is required within 5 days of auction close. Request for payment will be sent to the winning bidder for the earnest money deposit and must be paid within 5 days of auction close. FAILURE to make required DEPOSIT will result in FORFEITURE of interest in property. Earnest money deposit is NOT refundable. If the bidder fails to submit the balance due within 5 business days, the EMD is forfeited with no refunds or credits. The Earnest Money deposit will be accompanied by a non-contingent Purchase Agreement. Any bids or earnest money deposits are considered acceptance of the aforementioned Purchase Agreement. BY REGISTERING FOR THIS AUCTION, BIDDER AGREES TO RECEIVE TEXT AND EMAIL CORRESPONDENCE ONLY AS RELATED TO THE SALE OF THE PROPERTY. CONDITIONS OF SALE: All properties are sold in "AS-IS" condition with all faults and defects and without warranty or guarantee of any sort. Prior to bidding, each bidder is advised and responsible to conduct an independent due diligence to ascertain characteristics, attributes and condition of the property. Failure to conduct diligence activities shall not constitute a waiver of any sort. TRANSFER OF OWNERSHIP. Closing will be in under 30 days or the bidder forfeits their EMD & buyer’s premium. Closing will be handled by True North Title in Blacksburg, VA. ALL SALES ARE SUBJECT TO SELLER APPROVAL.