Valuable Real Estate For Sale At Online Auction

Ending December 15, 2020 @ 1:00 PM

To settle the estate of the late Dorothy M. Hefner we will be offering at online auction the valuable real estate and improvements located at 408 and 412 N. Liberty St, Bridgewater VA 22812.

This Is An Online Only Auction - All Bids Must Be Submitted Online. Click The "Bid Online Now" Button To See Property Details and To Bid.

www.mountainvalleyauctions.com

This property is being sold subject to seller confirmation.

Property Highlights:

- Large lots with over 1 acre combined

- Zoned R-3 Multi-Family Residential

- Excellent investment or rental opportunity

- Conveniently located within walking distance of various parks, restaurants, Bridgewater College, and downtown Bridgewater.

- Two existing homes and numerous outbuildings.

This property consists of three individual parcels and is being sold in two tracts.  Tract One is Parcel # 122A2-(A)- L69.  Tract Two includes two adjacent parcels # 122A2-(A)- L70 and 122A2-(A)- L71

The bidding for both of these tracts will close at 1:00 PM December 15 with a two minute auto extend.  This means that if a bid is placed on either tract within the last two minutes the bidding will be extended on both tracts for an additional two minutes.

Property Tours: Thursday December 3 and Saturday December 5 or at other dates by appointment. Please Call Linford Berry at 540-476-3309 for more information or for an appointment.

This property is being sold AS-IS with no financing/appraisal/inspection contingencies and with no warranties or guarantees of any kind. Seller does guarantee clear title to the property. Bidders are encouraged to 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.

Terms: (See our complete terms at the tab above). Payment will be in the form of Cash or Cash Equivalent with a $5,000 non-refundable deposit per tract due the day of the auction (within 24 hours for online bidders at a distance) and the balance due at closing within 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.

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).

Realtor Representation: Preapproved (No later than 5:00 PM on Monday December 14) brokers participation will be compensated. Ten percent (10%) of the buyers premium will be paid to a qualified licensed real estate agent whose registered buyer's offer is accepted by the seller and closes on the property.