Auctions|Brokerage|Appraisals

Auctions|Brokerage|Appraisals

Online Only - Lots in Randolph County, NC

by Rogers Realty & Auction Co. Inc.

When

July 20 - July 29 - 12:00pm Eastern

Where

Intersection of Gold Hill Road and E. Allred
ONLINE ONLY

How

Online Only Auction

Notes

Robins Nest - Lots 29&30 - Sold for $13,200.00
Robins Nest - 23 Lots - Sold for $89,500.00
Robins NEst - 31.5 Acres - &78,750.00
13 Lots - Lexington, NC - $44,000.00

Lot # 1 - Prop lot # L3 MP2 PH1 - (.33 Acres)

Lot 2 - Prop lot # L6 MP2 PH1 - (.34 Acres)

Lot 3 Prop lot # L7 MP2 PH1 - (.34 Acres)

Lot 4 Prop lot # L8 MP2 PH1 - (.33 Acres

Lot 5 Prop lot # L9 MP2 PH1 - (.30 Acres)

Lot 6 Prop lot # L10 MP2 PH1 - (.29 Acres)

Lot 7 Prop lot # L11 MP2 PH1 - (.30 Acres)

Lot 8 Prop lot # L12 MP2 PH1 - (.31 Acres

Lot 9 Prop lot # L27 MP2 PH1 - (.29 Acres)

Lot 10 Prop lot # L28 MP2 PH1 - (.27 Acres)

Lot 11 Prop lot # L29 MP2 PH1 - (.26 Acres)

Lot 12 Prop lot # L30 MP2 PH1 - (.28 Acres)

Lot 13 Prop lot # L31 MP2 PH1 - (.28 Acres)

Lot 14 Prop lot # L32 MP2 PH1 - (.28 Acres)

Lot 15 Prop lot # L33 MP2 PH1 - (.29 Acres)

Lot 16 Prop lot # L36 MP2 PH1 - (.29 Acres)

Lot 17 Prop lot # L37 MP2 PH1 - (.27 Acres)

Lot 18 Prop lot # L38 MP2 PH1 - (.26 Acres)

Lot 19 Prop lot # L40 MP2 PH2 - (.31 Acres)

Lot 20 Prop lot # L41 MP2 PH2 - (.28 Acres)

Lot 21 Prop lot # L42 MP2 PH2 - (.29 Acres

Lot 22 Prop lot # L43 MP2 PH2 - (.31 Acres)

Lot 23 Prop lot # L46 MP2 PH2 - (.32 Acres)

Lot 24Prop lot # L47 MP2 PH2 - (.32 Acres)

Lot 25 Prop lot # L48 MP2 PH2 - (.32 Acres)

Lot 26 Prop lot # L49 MP2 PH2 - (.32 Acres)

Lot 27 Prop lot # L50 MP2 PH2 - (.32 Acres)

Lot 28 Prop lot # PT L52 MP2 PH2 - (.36 Acres)

Lot 29 Prop lot # L53 MP2 PH2 - (.34 Acres)

Lot 30 Prop lot # L54 MP2 PH2 - (.37 Acres)

Lot 31 Prop lot # L56 MP2 PH2 - (.38 Acres

Lot 32 Prop lot # L57 MP2 PH2 - (.26 Acres)

Lot 33 Prop lot # L58 MP2 PH1 - (.26 Acres)

Lot 34 Prop lot # L59 MP2 PH1 - (.35 Acres)

Lot 35 Prop lot # L60 MP2 PH1 - (.34 Acres)

Lot 36 Prop lot # L18 MP2 PH1 - (.25 Acres

Lot 37 Finchley Court - Prop lot # L21 MP2 PH1 - (.28 Acres)

Lot 38 Prop lot # L22 MP2 PH1 - (.28 Acres)

Lot 39 Prop lot # L23 MP2 PH1 - (.29 Acres

Lot 40 Prop lot # L24 MP2 PH1 - (.30 Acres)

Lot 41 Prop lot # L25 MP2 PH1 (.30 Acres)

Lot 42 Prop lot # L26 MP2 PH1 (.35 Acres)

Lot 43 Prop lot # TR2 (4.04 Acres)

Lot 44 Prop lot # PT L2 (2.32 Acres)

Lot 45 Prop lot # PT L3-4 (.98 Acres)

Lot 46 Prop lot # TR3 (17.90 Acres)

Lot 47 Prop lot # W (1.30 Acres)

Lot 48 Prop lot # L1 (5.00 Acres)

Robins Nest Aerial Map

Restrictive Covenants

Amended Restrictive Covenants

Robin's Nest Plats

AS-IS Addendum

Share this Auction

Conducted By

Rogers Realty & Auction Co. Inc.

1310 EMS Drive
P.O. Box 729
Mt. Airy, NC 27030

(336)789-2926
www.govbidusa.com
www.ironbidglobal.com
www.rogersauctiongroup.com
www.rogersrealty.com

http://www.rogersauctiongroup.com

Ending Time

Jul 29, 2014 12:00 PM

Auction Listing

Auction

Online Only

Lots Located in Robin’s Nest Subdivision, Randolph County, NC

 

Bidding Begins July 20 at 8:00am EST

Bidding Ends July 29 at 12:00pm EST

 

Bid Center for Bidder assistance open July 29 10 AM – Noon at the Hampton Inn Asheboro, NC

 

Robins Nest Subdivision

42 lots and acreage fronting Gold Hill Road, Chickadee Circle, East Allred Street and Allred Streets

Features curb, gutter, water, sewer, paved streets, street lamps.

Bid on single lots or all 42 in one group

 

31.54 +- Acres

Bid on six smaller tracts or all 31.54 Acres in one group

 

All lots will sell above $4500.00 per lot

All land parcels will sell above $3000.00 PER ACRE

 

Zoned R-10 and Conditional Use High Density Residential
Randolph County, NC
City of Asheboro, NC
 
B. Mark Rogers, Auctioneer/Sale Manager
NCAL #685
www.RogersAuctionGroup.com
Rogers Realty & Auction Co., Inc.
1310 EMS Drive, Mount Airy, NC 27030
(336) 789-2926

 

 


PLEASE DO NOT BID UNTIL YOU HAVE READ THESE TERMS AND CONDITIONS OF SALE. THE REAL ESTATE IS BEING OFFERED IN AN ONLINE ONLY AUCTION EVENT.

Real Estate is subject to prior sale.

GENERAL: The real property will be offered by online bidding only. The auction company will offer the property in lots, tracts and combinations of lots and tracts. The deed will be a limited warranty or quit claim deed and paid for by the sellers, the deed stamps paid by the sellers, and recording fees to be paid by the buyers. All improvements, buildings, sheds, structures, etc., sell with the property.

AS IS: The property and all improvements, if any, will be sold on an AS-IS, WHERE IS, WITH ALL FAULTS, conditions, defects and flaws. Buyer will take the property in its existing condition. No representations or warranties, expressed or implied, concerning the property are made by neither the sellers nor the seller's agents. Descriptions of the improvements and property are believed to be correct but are not guaranteed. You are encouraged to conduct your inspections and due diligence prior to bidding and buying at the auction. The real estate is being sold subject to any and all easements or right of ways. Lease payments or rents, if any, will be pro-rated at closing. Crop allotments, mineral rights, timber rights, water rights, if any, will transfer with the deed or title. The real property is being sold subject to restrictive covenants and homeowner's association rules, regulations and dues and county zoning, if any. Real estate taxes are pro-rated at closing.

METHOD OF SALE: The auction company has the sole discretion to determine the combinations of lots and tracts and bidding increments. The auction company has the sole discretion to determine the highest and winning bidders. The auction company will conduct the auction under what is known as ultimate choice or high bidder's choice. Bidder's are obligated to purchase any single lot, tracts or combinations of lots or tracts that remain after another bidder(s) has out bid or placed higher bids on any single lot, tract or combination of lots or tracts made by the previous bidder.

SURVEY: The property will be sold subject to an existing survey or legal description, if any.

PERK TEST: Perk test are the responsibility of the buyer and the contract is not contingent upon the soil having a satisfactory perk.

FINANCING: The sale is not subject to financing. Failure to close for ANY REASON WHAT SO EVER will result in the forfeiture of the deposit. NO EXCEPTIONS.

DEPOSIT REQUIRED AT AUCTION: Terms are for a deposit of 10% of the purchase price on site at the auction in cash, cashier's check or a check with a bank letter guaranteeing funds.

PURCHASE CONTRACT: Buyer will be required to execute a Real Property Auction Purchase and Sale Contract and the Seller's Contract Addendum on site and submit their deposit or by email with in 12 hours of the close of the auction.

NO CONTINGENCIES: The purchase and sale contract is not subject to any buyer contingencies for financing, appraisal, surveys, inspection or any other contingencies.

AGENCY: Buyer will be asked to sign an agency disclosure form stating that buyer is aware that Rogers represents the seller. Rogers' agents represent the seller and the seller's interest in the transaction.

ENVIRONMENTAL: There are not any environmental studies, phase 1, phase 2, or phase 3 studies for review. There are not any soil or water studies for review.

PERSONAL PROPERTY: There is no personal property or merchandise being transferred with the real property of value.

CLOSING: Closing is to take place in not more than 30 days from the date of the auction. TIME IS OF THE ESSENCE. All closing costs for the benefit of the buyer such as appraisals, surveys, loan applications, inspections, title searches, title insurance, etc. are the responsibility of the buyer. The seller is not paying for any of the buyers closing costs.

BUYER'S PREMIUM: A buyer's premium of 10% is added to the last and highest bid to determine the contract purchase price. For example, if the high bid is $100,000.00, a buyer's premium of $10,000.00 is added and the purchase price would be $110,000.00

POSSESSION: Possession will be given at closing.

ABSOLUTE/RESERVE: This auction is conducted subject to a reserve established by the seller. All lots sell subject to minimum bid of $4500 plus 10% Buyer's Premium. All Land Parcels sell at reserve of $3000 PER ACRE plus a 10% buyer's premium.

INCREMENTS: The auction company has the sole discretion to determine bid increments.

DISPUTED BIDS In case of a dispute over who is the high bidder, the auctioneer has the sole discretion to determine the high bidder.

QUALIFIED BIDDERS: Auctioneer reserves the right to refuse to register any prospective bidder for any reason, or to require a cash deposit from a prospective bidder of an amount designated by Auctioneer and paid in advance by the prospective bidder to Auctioneer. Such deposit will be applied to any purchases made at the auction by the prospective bidder. At the end of the auction, Auctioneer will refund any portion of this deposit that has not been applied to purchases. Furthermore, Auctioneer will require the removal of any person from the auction site for any reason including, but not limited to: (1) tampering with auction lots; (2) any illegal conduct including collusive bidding or stealing; (3) disruptive behavior; (4) failure to abide by these terms; and (5) intoxication. Bidder agrees to leave the auction site immediately and quietly upon request by Auctioneer. Any act of theft, vandalism or disruption will be prosecuted to the fullest extent of the laws.

BID RIGGING: Bid rigging is when two or more parties work together to chill bidding or to refuse to bid against one or more parties to get a lower price. Bid rigging is a FELONY.

ONLINE BIDDING: You must register in advance by clicking on Register to Bid and agreeing to terms for online bidding including submitting a credit card for a $2,500 deposit. Should you become the high bidder you may submit a deposit by cash, cashier's check or wire transfer, within 24 hours of the close of the auction, in which case your credit card will not be charged. You must be pre-approved before you receive a bidder number. The auction company may refuse to register anyone at its sole discretion.

TECHNICAL PROBLEMS: The auction company provides online bidding as a convenience for those that cannot attend the live auction. The auction company will not be liable for any faulty equipment, failure of equipment, faulty software, failure of software, lack of internet service connections or signals, or failure for any online bids that are not relayed on time to the auction company. The auction company reserves the right to extend bidding, delay bidding, continue with live bidding, or cancel bidding, without any notice to online bidders.

DEFAULT OR DELAY: If the buyer delays closing for any reason the buyer may be declared in breach of contract and will forfeit all deposits made. The buyer may be responsible for all cost to the seller or the auction company for subsequent resale.
The auction company reserves the right to reclaim and resale any assets not paid for by the online buyer. Should the resale price be lower than the defaulted buyer's price, Seller and/or Auction Company reserves the right to seek the difference from the initial online buyer. All fees for collection, court fees, or attorney fees will be the responsibility of the original buyer that caused the default. All sales are final. No refunds are given.

AUCTION END TIMES: The online bidding is a timed event. Auction Company reserves the right to extend the auction in 10 minute segments for any and all bids received in the last 5 minutes of the auction.

PURCHASE CONTRACT: Online bidders are required to submit an executed Real Property Auction Purchase and Sale Contract along with the deposit within 24 hours of the close of the auction.

DISPUTES: Any disputes that arise between the auction company, the seller, the seller's agents and the buyer will be dealt with by arbitration in Surry County, North Carolina.

DISCLAIMER: The auction company provides data, advertising, maps, that is believed to be correct but it is not guaranteed. Bidder's should rely on their own inspections and due diligence prior to bidding. Everything sells strictly AS IS. The auction company makes every effort to describe assets to the best of its ability but there are no guarantees as to the condition, quantity, condition, age, color, or value of the merchandise or real property sold online. Buyer agrees that buyer may not cancel their purchase for any reason.

LICENSES: NC Firm # 685, VA Firm #2, SC Firm # 1874

Asheboro, NC from N. Fayetteville St. follow E. Allred ST 2 miles to Gold Hill Road at Robins Nest Subdivision