Residential Real Estate For Sale @ Online Auction

Bidding Closes June 6, 2024 @ 1:00 PM

We are offering at online auction the real estate and improvements located at 126 Wayside Dr, Weyers Cave VA 24486. This brick home sits on a spacious 0.74 +/- acre lot in a quiet neighborhood. It features 1,166 sq ft of living space with 2 bedrooms, 1 bath, front porch and rear enclosed porch. The property also has a two story garage and shed. Please not that this home will need significant interior renovations and updating.

There are lots of possibilities with this property. Don't miss the opportunity to own your own property with lots of space for backyard gardening and homesteading. Or renovate and rent it. This property is zoned General Agriculture and is just 15 minutes from Harrisonburg and Staunton with easy access to major highways yet is located in a quiet neighborhood.

All Bids Must Be Submitted Online. Click The "Bid Online Now" Button To See Property Details and To Bid.

The bidding for this property will close at 1:00 PM June 6, 2024 with a two minute auto extend.  This means that if a bid is placed within the last two minutes the bidding will be extended for an additional two minutes.

This property is being Sold Subject To Seller Confirmation With A Starting Bid of $10,000

Pre-Auction Offers Will Be Entertained

Property Tours: 5 PM Saturday May 25 and 5 PM Monday June 3 or at other dates and times by appointment. Please Call Linford Berry (Auctioneer) at 540-476-3309 for more information or for an appointment to see the property. 

Property Highlights:

• Spacious 0.74 +/- Acre Lot
• Home Built In 1926
• Zoned GA
• 1,166 Sq. Ft Of Living Space
• 2 Bedrooms, 1 Bath
• Large Attic With Bonus Room At Top Of Stairs
• Garage With Loft and Backyard Shed
• Front Porch and Rear Enclosed Porch
• Crawl Space
• Carport
• Heat Pump (Outside Unit Not Working) and Electric Baseboard Heat
• Metal Roof
• County Water and Sewer
• Dominion Electric Power

Additional Information and Photos Can Be Found At The Tab Or Dropdown Menu At The Top Of This Page or By Clicking The “Bid Online Now” Button.

Do You Need Financing For This Property?  We Recommend The Following Lenders:

• Jordan Branner - F&M Mortgage
• Julie Yoder - Integrity Home Mortgage Corp
• Michelle Fix- Alcova Mortgage

Terms and Conditions:

• WE GUARANTEE A FREE AND CLEAR DEED TO THE PROPERTY
• This property is being sold in AS-IS condition with no financing/appraisal/inspection contingencies. Bidders are strongly encouraged to inspect the property themselves and/or enlist the assistance of professional inspectors or contractors in evaluating the condition and value of the property. All inspections must be performed prior to the auction.
• Buyers Premium: There will be a 10% Buyers Premium added to the high bid to determine total contract purchase price. (For example a 100,000 bid would have a buyers premium of $10,000 added for a total purchase price of $110,000).
• Payment Terms: Payment will be in the form of Cash or Cash Equivalent with a $10,000 non-refundable deposit due the day of the auction (within 24 hours for online bidders at a distance) and the balance due at closing on or before 30 days. Deposit will be applied to the purchase price at closing. Please do not bid if you are not able to close within 30 days.
• Financing may be obtained for the property, but the sale is not contingent upon obtaining financing.
• All information provided by Mountain Valley Auction Group was obtained from sources believed to be reliable but are not guaranteed. Buyer shall rely on their own information, judgment, and inspection of the property.
• View the sample purchase agreement and complete terms under the "Docs" tab or drop down menu at the top of the page under the photo.

Note For Real Estate Agents: Preapproved (No later than 5:00 PM on June 5) buyers agent participation will be compensated. Click Here For Form