For sale 12000+/- sf building in growing Eden NC market on main thoroughfare. Several short-term leases are in place along with available vacant space. Excellent opportunity to extend leases for optimum cash flow or use all or part of building for owner occupier. The building is close to the new Purina Pet Plant and Hwy. 14. Perfect 1031 exchange property. Owners reserve the right to accept offers prior to auction opening dates. Buyer/Bidder/Agent will be required to execute an NDA prior to seeing lease information.
<em><strong>The Facts</strong></em>
<ul>
<li>Medical Professional Offices</li>
<li>12,000+/- sq ft medical office facility</li>
<li>6 individual suites</li>
<li>Constructed in 2015</li>
<li>Located at 207 E Meadow Rd, Eden</li>
<li>Traffic count 9700+/-</li>
<li>Zoned BH/ED</li>
<li>Ideal owner occupant</li>
</ul>
<em><strong>Location</strong></em>
<ul>
<li>207 E. Meadow Rd, Eden NC</li>
<li>.3 miles east of Hwy 14</li>
<li>1 miles north of UNC Rockingham Hospital</li>
<li>12 miles north of Hwy 29</li>
<li>12 miles north of Reidsville NC</li>
<li>30 miles north of Greensboro NC</li>
</ul>
<em><strong>Auction Details</strong></em>
<ul>
<li>Opening bid $1,000,000</li>
<li>8% Buyers Premium</li>
<li>Bidding opens 12/4/24</li>
<li>Bidding closes 12/18/24</li>
</ul>
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18.9+/- acres of rolling fenced pasture located just east of Asheboro. This beautiful tract has substantial road frontage along Grantville LN and Foxfire Rd giving great access. The property is complied of mainly pasture that has been utilized for cattle grazing with a small pond located in the center of the tract. Sellers reserve the right to accepted offers prior to auction start date.
<em><strong>The Facts</strong></em>
<ul>
<li>18.91 +/- Acres</li>
<li>630' +/- frontage along Grantville LN</li>
<li>920' +/- frontage along Foxfire Rd</li>
<li>15+/- acres of open pasture</li>
<li>4+/- acres of woodland</li>
<li>.36 +/- acre pond</li>
<li>Tax Value - $128,590</li>
<li>Zoned RA</li>
</ul>
<em><strong>Location</strong></em>
<ul>
<li>7 miles east of Asheboro NC</li>
<li>11 miles south of Ramseur NC</li>
<li>9 miles south of Hwy 64</li>
<li>15 miles west of I73</li>
<li>35 miles south of Greensboro NC</li>
</ul>
<em><strong>Auction Details</strong></em>
<ul>
<li>Opening bid $100,000</li>
<li>10% Buyers Premium</li>
<li>Bidding opens 11/4/24</li>
<li>Bidding closes 11/18/24</li>
</ul>
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<strong>THE REAL PROPERTY IS BEING OFFERED TO THE PUBLIC THROUGH ONLINE BIDDING ONLY.</strong>
<strong>PLEASE READ ALL TERMS OF THE SALE CAREFULLY PRIOR TO REGISTERING AND BIDDING. REGISTERING TO BID CONFIRMS THAT YOU HAVE REVIEWED AND AGREE TO THE FOLLOWING TERMS.</strong>
<ul>
<li><strong>AS IS</strong>: The REAL PROPERTY and all improvements, if any, will be sold AS-IS with no representations or warranties, expressed or implied. Bidders are encouraged to conduct their inspections and due diligence prior to bidding at the auction. All information provided is believed to be correct but is not guaranteed.</li>
<li><strong>RIGHT OF WAYS, EASEMENTS, & COVENANTS:</strong> THE REAL PROPERTY is being sold subject to any or all RIGHT OR WAYS, EASEMENTS, AND COVENANTS. Bidder is responsible for doing their own property investigations prior to bidding on the property.</li>
<li><strong>PROPERTY RIGHTS</strong>: Mineral rights, timber rights, water rights, if any, will transfer with REAL PROPERTY unless otherwise disclosed.</li>
<li><strong>PROPERTY PREVIEW: </strong>Scheduled preview dates will be announced prior to auction start date or Bidders may also request a preview of the property through scheduled appointments. All previews of the property shall be through appointment only.</li>
<li><strong>PRE-AUCTION OFFERS: </strong>Seller reserves the right to accept or reject any offers properly presented prior to the start of the auction bid period. All offers submitted prior to the start of the auction bid period are subject to the same auction terms such as due diligence deposit, buyer’s premium, and no contingencies. If an offer is accepted prior to the start of the auction bid period any registered bidders will be notified, but the contract price will remain confidential.</li>
<li><strong>REGISTRATION:</strong> Registration is required for online bidding in advance and is the sole responsibility of the bidder to confirm they are registered prior to the auction start time.</li>
<li><strong>BIDS AND INCREMENTS:</strong> Auction Firm has the sole discretion to determine the highest bidder and to set bid increments.</li>
<li><strong>QUALIFIED BIDDERS:</strong> Auction Firm reserves the right to refuse to register or remove any bidder from the site for any reason and request additional information from any bidder.</li>
<li><strong>SOFT CLOSE:</strong> The online bidding is a timed event. Auction Firm reserves the right to extend the auction in 2-minute segments for all bids received in the last 2 minutes of the auction.</li>
<li><strong>SELLER CONFIRMATION: </strong>The REAL PROPERTY is being offered for an online auction only; bids will be subject to approval of the Seller.</li>
<li><strong>METHOD OF SALE:</strong> If Seller accepts the highest bid, the high bidder will be notified by 5pm on the end day of the auction. The bidder will have 24 hours to execute an NC Offer to Purchase Contract and other required documents upon notification of the winning bid. Winning bids may not be assigned except to entities that the bidder owns the majority interest in.</li>
<li><strong>AGENCY:</strong> Buyer will be required to sign an agency disclosure form stating that the buyer is aware that the <strong>Clearwater Group of NC INC</strong>. represents the seller and the seller's interest in the transaction.</li>
<li><strong>BUYERS AGENTS FEE: </strong>Buyer agents holding a NC Real Estate License will need to be disclosed in writing 48 hours prior to bidder registration for a broker participation fee of 2% (of the high bid price) or properly present any pre-auction offers on behalf of their clients; <strong>NO EXCEPTIONS. </strong>If these steps are not completed, no participation fee will be paid.</li>
<li><strong>PURCHASE CONTRACT:</strong> Within 24 hours of the close of the auction, Buyer will be required to submit their deposit and execute the most recent NC Offer to Purchase Contract 2T or Vacant Land Offer to Purchase; whichever is applicable to the type of property being sold. The winning bidder will be required to produce qualification or proof of funds upon notification of the winning bid.</li>
<li><strong>NO CONTINGENCIES: </strong>The offer to purchase contract is not subject to any buyer contingencies for financing, appraisal, surveys, inspections, soil testing, or any other contingencies.</li>
<li><strong>DUE DILIGENECE DEPOSIT</strong>: 2% of the sales price will be required in the form of a due diligence deposit <em>(non-refundable)</em> no less than 24 hours from the close of the auction, and the balance of the purchase price will be due at closing. The due diligence deposit will be credited back to the buyer at closing.</li>
<li><strong>BUYER'S PREMIUM: </strong>Buyer will be required to sign a buyer’s premium agreement upon execution of the offer to purchase contract. A buyer's premium of 10% is added to the last and highest bid to determine the contract purchase price. 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.</li>
<li><strong>PROPERTY TRANSFER:</strong> The property will be sold subject to an existing survey or the existing legal description.</li>
<li><strong>CLOSING: </strong>Closing is to take place no more than <strong>45 days</strong> from the close of the auction; TIME IS OF THE ESSENCE.</li>
<li><strong>POSSESSION:</strong> Possession will be given at closing, subject to existing leases, IF ANY.</li>
<li><strong>BUYER DEFAULT:</strong> TIME IS OF THE ESSENCE with regards to the Closing Date. Buyer shall forfeit the deposit if Buyer fails to close on or before the Settlement Date as set forth in the Offer to Purchase.</li>
<li><strong>TECHNICAL PROBLEMS</strong>: The Auction Firm 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 Firm. The Auction Firm reserves the right to extend bidding, delay bidding, or cancel bidding, without any notice to online bidders.</li>
<li><strong>DISCLAIMER:</strong> The Auction Firm provides property information that is believed to be accurate, but it is not guaranteed. Bidders must do their own due diligence prior to bidding on the property. By bidding on the property buyers acknowledge that they are satisfied with the property and agree to purchase AS IS.</li>
</ul>
ONLINE AUCTION, LISTING PRICE IS OPENING BID
Seller reserves right to entertain offers prior to auction start date.
Wonderful opportunity to buy a spacious brick ranch on a nice level lot with your very own inground pool. This house has so much to offer it just needs your personal touches to make it your own. Big ticket items such as the roof, gutters and HVAC system were just updated giving you peace of mind for the future. Inside you'll find 3 good sized bedrooms on the main level and a functional and friendly floor plan that is ideal for entertaining. The great room offers tons of space along with great natural light. A large heated and cooled unfinished basement gives you a great opportunity for extra living space. One of the highlights of this property is the inground pool that has a recently replaced liner. This backyard oasis is ready for your outdoor entertaining this spring and summer.
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<strong><span style="color: #ff0000;"><em>Dates</em></span></strong>
<ul>
<li><strong>Online auction only</strong> – opens 4<em>/22/24 at 12pm – closes 4/29/24 at 12pm</em></li>
</ul>
<span style="color: #ff0000;"><em><strong>Details</strong></em></span>
<ul>
<li>+/- 1900 heated sq feet</li>
<li>3 Bedroom</li>
<li>3.5 Baths</li>
<li>Full Basement</li>
<li>16x32 inground pool</li>
<li>New roof, gutters, & HVAC</li>
<li>.78 Acre lot</li>
<li>Attached 2 car garage</li>
<li>Pre-inspected - inspection can be found in Bidder Packet</li>
</ul>
<span style="color: #ff0000;"><em><strong>Location</strong></em></span>
<ul>
<li>Located in Stoneville NC off of HWY 770</li>
<li>3.5 Miles to US 220</li>
<li>Convenient to Winston Salem, Greensboro and surrounding areas</li>
</ul>
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<span style="color: #ff0000;"><em><strong>Terms</strong></em></span>
<strong>THE REAL PROPERTY IS BEING OFFERED TO THE PUBLIC THROUGH ONLINE BIDDING ONLY. </strong><strong>PLEASE READ ALL TERMS OF THE SALE CAREFULLY PRIOR TO REGISTERING AND BIDDING. REGISTERING TO BID CONFIRMS THAT YOU HAVE REVIEWED AND AGREE TO THE FOLLOWING TERMS.</strong>
<ul>
<li><strong>AS IS</strong>: The REAL PROPERTY and all improvements, if any, will be sold AS-IS with no representations or warranties, expressed or implied. Bidders are encouraged to conduct their inspections and due diligence prior to bidding at the auction. All information provided is believed to be correct but is not guaranteed.</li>
<li><strong>RIGHT OF WAYS, EASEMENTS, & COVENANTS:</strong> THE REAL PROPERTY is being sold subject to any or all RIGHT OR WAYS, EASEMENTS, AND COVENANTS. Bidder is responsible for doing their own property investigations prior to bidding on the property.</li>
<li><strong>PROPERTY RIGHTS</strong>: Mineral rights, timber rights, water rights, if any, will transfer with REAL PROPERTY unless otherwise disclosed.</li>
<li><strong>PROPERTY PREVIEW: </strong>Scheduled preview dates will be announced prior to auction start date or Bidders may also request a preview of the property through scheduled appointments. All previews of the property shall be through appointment only.</li>
<li><strong>PRE-AUCTION OFFERS: </strong>Seller reserves the right to accept or reject any offers properly presented prior to the start of the auction. All offers submitted prior to the start of the auction are subject to the same auction terms such as due diligence deposit, buyer’s premium, and no contingencies. If an offer is accepted prior to the start of the auction any registered bidders will be notified, but the contract price will remain confidential.</li>
<li><strong>REGISTRATION:</strong> Registration is required for online bidding in advance and is the sole responsibility of the bidder to confirm they are registered prior to the auction start time.</li>
<li><strong>BIDS AND INCREMENTS:</strong> Auction Firm has the sole discretion to determine the highest bidder and to set bid increments.</li>
<li><strong>QUALIFIED BIDDERS:</strong> Auction Firm reserves the right to refuse to register or remove any bidder from the site for any reason and request additional information from any bidder.</li>
<li><strong>SOFT CLOSE:</strong> The online bidding is a timed event. Auction Firm reserves the right to extend the auction in 2-minute segments for all bids received in the last 2 minutes of the auction.</li>
<li><strong>SELLER CONFIRMATION: </strong>The REAL PROPERTY is being offered for an online auction only; bids will be subject to approval of the Seller.</li>
<li><strong>METHOD OF SALE:</strong> If Seller accepts the highest bid, the high bidder will be notified by 5pm on the end day of the auction. The bidder will have 24 hours to execute an NC Offer to Purchase Contract and other required documents upon notification of the winning bid. Winning bids may not be assigned except to entities that the bidder owns the majority interest in.</li>
<li><strong>AGENCY:</strong> Buyer will be required to sign an agency disclosure form stating that the buyer is aware that the <strong>Clearwater Group of NC INC</strong> represents the seller and the seller’s interest in the transaction.</li>
<li><strong>BUYERS AGENTS FEE: </strong>Buyer agents holding a NC Real Estate License will need to be disclosed in writing 48 hours prior to bidder registration for a broker participation fee of 2% (of the high bid price) or properly present any pre-auction offers on behalf of their clients; <strong>NO EXCEPTIONS. </strong>If these steps are not completed, no participation fee will be paid.</li>
<li><strong>PURCHASE CONTRACT:</strong> Within 24 hours of the close of the auction, Buyer will be required to submit their deposit and execute the most recent NC Offer to Purchase Contract 2T or Vacant Land Offer to Purchase; whichever is applicable to the type of property being sold. The winning bidder will be required to produce qualification or proof of funds upon notification of the winning bid.</li>
<li><strong>NO CONTINGENCIES: </strong>The offer to purchase contract is not subject to any buyer contingencies for financing, appraisal, surveys, inspections, soil testing, or any other contingencies.</li>
<li><strong>DUE DILIGENECE DEPOSIT</strong>: 2% of the sales price will be required in the form of a due diligence deposit <em>(non-refundable)</em> no less than 24 hours from the close of the auction, and the balance of the purchase price will be due at closing. The due diligence deposit will be credited back to the buyer at closing.</li>
<li><strong>BUYER’S PREMIUM: </strong>Buyer will be required to sign a buyer’s premium agreement upon execution of the offer to purchase contract. A buyer’s premium of 10% is added to the last and highest bid to determine the contract purchase price. 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.</li>
<li><strong>PROPERTY TRANSFER:</strong> The property will be sold subject to an existing survey or the existing legal description.</li>
<li><strong>CLOSING: </strong>Closing is to take place no more than <strong>45 days</strong> from the close of the auction; TIME IS OF THE ESSENCE.</li>
<li><strong>POSSESSION:</strong> Possession will be given at closing, subject to existing leases, IF ANY.</li>
<li><strong>BUYER DEFAULT:</strong> TIME IS OF THE ESSENCE with regards to the Closing Date. Buyer shall forfeit the deposit if Buyer fails to close on or before the Settlement Date as set forth in the Offer to Purchase.</li>
<li><strong>TECHNICAL PROBLEMS</strong>: The Auction Firm 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 Firm. The Auction Firm reserves the right to extend bidding, delay bidding, or cancel bidding, without any notice to online bidders.</li>
<li><strong>DISCLAIMER:</strong> The Auction Firm provides property information that is believed to be accurate, but it is not guaranteed. Bidders must do their own due diligence prior to bidding on the property. By bidding on the property buyers acknowledge that they are satisfied with the property and agree to purchase AS IS.</li>
</ul>
<strong>NCAL#10762</strong>
Lot # 80 of the Woodbriar subdivision located in Eden NC. This is a level lot that is ideal for a single family home and previously had a septic permit issued for a 3bed home.
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<strong>Details</strong>
<ul>
<li><strong>LISTING PRICE IS OPENING BID AMOUNT</strong></li>
<li>Auction is subject to Seller confirmation and acceptance.</li>
<li>Please download Bidders Packet in attachments below for terms and disclosures.</li>
<li>Online auction only - bid dates <strong>opens</strong> <em><strong>3/1/24 at 12pm - closes 3/21/24 at 12pm</strong></em></li>
<li>10% buyer's premium will be added to accepted high bid.</li>
<li>Lot #80 - <em>see attached plat</em></li>
<li>1.03 +/- acres</li>
<li>Power line easement running along southwest section of the lot</li>
<li>Previous septic permit attached - <em>EXPIRED</em></li>
<li>Restrictions apply - see attachments</li>
</ul>
<strong>Location</strong>
<ul>
<li>.5 miles south of VA/NC state line</li>
<li>1.25 miles east of NC 14 HWY</li>
<li>3 miles north of Eden, NC</li>
<li>14 miles north of HWY 29</li>
<li>13 miles north of Reidsville NC</li>
</ul>
<strong>Terms</strong>
<strong>THE REAL PROPERTY IS BEING OFFERED TO THE PUBLIC THROUGH ONLINE BIDDING ONLY. </strong><strong>PLEASE READ ALL TERMS OF THE SALE CAREFULLY PRIOR TO REGISTERING AND BIDDING. REGISTERING TO BID CONFIRMS THAT YOU HAVE REVIEWED AND AGREE TO THE FOLLOWING TERMS.</strong>
<ul>
<li><strong>AS IS</strong>: The REAL PROPERTY and all improvements, if any, will be sold AS-IS with no representations or warranties, expressed or implied. Bidders are encouraged to conduct their inspections and due diligence prior to bidding at the auction. All information provided is believed to be correct but is not guaranteed.</li>
<li><strong>RIGHT OF WAYS, EASEMENTS, & COVENANTS:</strong> THE REAL PROPERTY is being sold subject to any or all RIGHT OR WAYS, EASEMENTS, AND COVENANTS. Bidder is responsible for doing their own property investigations prior to bidding on the property.</li>
<li><strong>PROPERTY RIGHTS</strong>: Mineral rights, timber rights, water rights, if any, will transfer with REAL PROPERTY unless otherwise disclosed.</li>
<li><strong>PROPERTY PREVIEW: </strong>Scheduled preview dates will be announced prior to auction start date or Bidders may also request a preview of the property through scheduled appointments. All previews of the property shall be through appointment only.</li>
<li><strong>PRE-AUCTION OFFERS: </strong>Seller reserves the right to accept or reject any offers properly presented prior to the start of the auction. All offers submitted prior to the start of the auction are subject to the same auction terms such as due diligence deposit, buyer’s premium, and no contingencies. If an offer is accepted prior to the start of the auction any registered bidders will be notified, but the contract price will remain confidential.</li>
<li><strong>REGISTRATION:</strong> Registration is required for online bidding in advance and is the sole responsibility of the bidder to confirm they are registered prior to the auction start time.</li>
<li><strong>BIDS AND INCREMENTS:</strong> Auction Firm has the sole discretion to determine the highest bidder and to set bid increments.</li>
<li><strong>QUALIFIED BIDDERS:</strong> Auction Firm reserves the right to refuse to register or remove any bidder from the site for any reason and request additional information from any bidder.</li>
<li><strong>SOFT CLOSE:</strong> The online bidding is a timed event. Auction Firm reserves the right to extend the auction in 2-minute segments for all bids received in the last 2 minutes of the auction.</li>
<li><strong>SELLER CONFIRMATION: </strong>The REAL PROPERTY is being offered for an online auction only; bids will be subject to approval of the Seller.</li>
<li><strong>METHOD OF SALE:</strong> If Seller accepts the highest bid, the high bidder will be notified by 5pm on the end day of the auction. The bidder will have 24 hours to execute an NC Offer to Purchase Contract and other required documents upon notification of the winning bid. Winning bids may not be assigned except to entities that the bidder owns the majority interest in.</li>
<li><strong>AGENCY:</strong> Buyer will be required to sign an agency disclosure form stating that the buyer is aware that the <strong>Clearwater Group of NC INC</strong> represents the seller and the seller's interest in the transaction.</li>
<li><strong>BUYERS AGENTS FEE: </strong>Buyer agents holding a NC Real Estate License will need to be disclosed in writing 48 hours prior to bidder registration for a broker participation fee of 2% (of the high bid price) or properly present any pre-auction offers on behalf of their clients; <strong>NO EXCEPTIONS. </strong>If these steps are not completed, no participation fee will be paid.</li>
<li><strong>PURCHASE CONTRACT:</strong> Within 24 hours of the close of the auction, Buyer will be required to submit their deposit and execute the most recent NC Offer to Purchase Contract 2T or Vacant Land Offer to Purchase; whichever is applicable to the type of property being sold. The winning bidder will be required to produce qualification or proof of funds upon notification of the winning bid.</li>
<li><strong>NO CONTINGENCIES: </strong>The offer to purchase contract is not subject to any buyer contingencies for financing, appraisal, surveys, inspections, soil testing, or any other contingencies.</li>
<li><strong>DUE DILIGENECE DEPOSIT</strong>: 2% of the sales price will be required in the form of a due diligence deposit <em>(non-refundable)</em> no less than 24 hours from the close of the auction, and the balance of the purchase price will be due at closing. The due diligence deposit will be credited back to the buyer at closing.</li>
<li><strong>BUYER'S PREMIUM: </strong>Buyer will be required to sign a buyer’s premium agreement upon execution of the offer to purchase contract. A buyer's premium of 10% is added to the last and highest bid to determine the contract purchase price. 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.</li>
<li><strong>PROPERTY TRANSFER:</strong> The property will be sold subject to an existing survey or the existing legal description.</li>
<li><strong>CLOSING: </strong>Closing is to take place no more than <strong>45 days</strong> from the close of the auction; TIME IS OF THE ESSENCE.</li>
<li><strong>POSSESSION:</strong> Possession will be given at closing, subject to existing leases, IF ANY.</li>
<li><strong>BUYER DEFAULT:</strong> TIME IS OF THE ESSENCE with regards to the Closing Date. Buyer shall forfeit the deposit if Buyer fails to close on or before the Settlement Date as set forth in the Offer to Purchase.</li>
<li><strong>TECHNICAL PROBLEMS</strong>: The Auction Firm 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 Firm. The Auction Firm reserves the right to extend bidding, delay bidding, or cancel bidding, without any notice to online bidders.</li>
<li><strong>DISCLAIMER:</strong> The Auction Firm provides property information that is believed to be accurate, but it is not guaranteed. Bidders must do their own due diligence prior to bidding on the property. By bidding on the property buyers acknowledge that they are satisfied with the property and agree to purchase AS IS.</li>
</ul>
Nice level 1 acre lot located in the Brown Summit area of Guilford County, within the Northern School District. Property previously had a mobile home that has been removed.
<em><strong>Dates</strong></em>
<ul>
<li><strong>Online auction only</strong> - opens <em>3/1/24 at 12pm - closes 3/26/24 at 12pm</em></li>
</ul>
<em><strong>Details</strong></em>
<ul>
<li><strong>LISTING PRICE IS OPENING BID AMOUNT</strong></li>
<li>1 acre lot - PB 57/49</li>
<li>Zoned - RS - 40 - MH (Mobile Home)</li>
</ul>
<em><strong>Terms</strong></em>
<strong>THE REAL PROPERTY IS BEING OFFERED TO THE PUBLIC THROUGH ONLINE BIDDING ONLY. </strong><strong>PLEASE READ ALL TERMS OF THE SALE CAREFULLY PRIOR TO REGISTERING AND BIDDING. REGISTERING TO BID CONFIRMS THAT YOU HAVE REVIEWED AND AGREE TO THE FOLLOWING TERMS.</strong>
<ul>
<li><strong>AS IS</strong>: The REAL PROPERTY and all improvements, if any, will be sold AS-IS with no representations or warranties, expressed or implied. Bidders are encouraged to conduct their inspections and due diligence prior to bidding at the auction. All information provided is believed to be correct but is not guaranteed.</li>
<li><strong>RIGHT OF WAYS, EASEMENTS, & COVENANTS:</strong> THE REAL PROPERTY is being sold subject to any or all RIGHT OR WAYS, EASEMENTS, AND COVENANTS. Bidder is responsible for doing their own property investigations prior to bidding on the property.</li>
<li><strong>PROPERTY RIGHTS</strong>: Mineral rights, timber rights, water rights, if any, will transfer with REAL PROPERTY unless otherwise disclosed.</li>
<li><strong>PROPERTY PREVIEW: </strong>Scheduled preview dates will be announced prior to auction start date or Bidders may also request a preview of the property through scheduled appointments. All previews of the property shall be through appointment only.</li>
<li><strong>PRE-AUCTION OFFERS: </strong>Seller reserves the right to accept or reject any offers properly presented prior to the start of the auction. All offers submitted prior to the start of the auction are subject to the same auction terms such as due diligence deposit, buyer’s premium, and no contingencies. If an offer is accepted prior to the start of the auction any registered bidders will be notified, but the contract price will remain confidential.</li>
<li><strong>REGISTRATION:</strong> Registration is required for online bidding in advance and is the sole responsibility of the bidder to confirm they are registered prior to the auction start time.</li>
<li><strong>BIDS AND INCREMENTS:</strong> Auction Firm has the sole discretion to determine the highest bidder and to set bid increments.</li>
<li><strong>QUALIFIED BIDDERS:</strong> Auction Firm reserves the right to refuse to register or remove any bidder from the site for any reason and request additional information from any bidder.</li>
<li><strong>SOFT CLOSE:</strong> The online bidding is a timed event. Auction Firm reserves the right to extend the auction in 2-minute segments for all bids received in the last 2 minutes of the auction.</li>
<li><strong>SELLER CONFIRMATION: </strong>The REAL PROPERTY is being offered for an online auction only; bids will be subject to approval of the Seller.</li>
<li><strong>METHOD OF SALE:</strong> If Seller accepts the highest bid, the high bidder will be notified by 5pm on the end day of the auction. The bidder will have 24 hours to execute an NC Offer to Purchase Contract and other required documents upon notification of the winning bid. Winning bids may not be assigned except to entities that the bidder owns the majority interest in.</li>
<li><strong>AGENCY:</strong> Buyer will be required to sign an agency disclosure form stating that the buyer is aware that the <strong>Clearwater Group of NC INC</strong> represents the seller and the seller's interest in the transaction.</li>
<li><strong>BUYERS AGENTS FEE: </strong>Buyer agents holding a NC Real Estate License will need to be disclosed in writing 48 hours prior to bidder registration for a broker participation fee of 2% (of the high bid price) or properly present any pre-auction offers on behalf of their clients; <strong>NO EXCEPTIONS. </strong>If these steps are not completed, no participation fee will be paid.</li>
<li><strong>PURCHASE CONTRACT:</strong> Within 24 hours of the close of the auction, Buyer will be required to submit their deposit and execute the most recent NC Offer to Purchase Contract 2T or Vacant Land Offer to Purchase; whichever is applicable to the type of property being sold. The winning bidder will be required to produce qualification or proof of funds upon notification of the winning bid.</li>
<li><strong>NO CONTINGENCIES: </strong>The offer to purchase contract is not subject to any buyer contingencies for financing, appraisal, surveys, inspections, soil testing, or any other contingencies.</li>
<li><strong>DUE DILIGENECE DEPOSIT</strong>: 2% of the sales price will be required in the form of a due diligence deposit <em>(non-refundable)</em> no less than 24 hours from the close of the auction, and the balance of the purchase price will be due at closing. The due diligence deposit will be credited back to the buyer at closing.</li>
<li><strong>BUYER'S PREMIUM: </strong>Buyer will be required to sign a buyer’s premium agreement upon execution of the offer to purchase contract. A buyer's premium of 10% is added to the last and highest bid to determine the contract purchase price. 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.</li>
<li><strong>PROPERTY TRANSFER:</strong> The property will be sold subject to an existing survey or the existing legal description.</li>
<li><strong>CLOSING: </strong>Closing is to take place no more than <strong>45 days</strong> from the close of the auction; TIME IS OF THE ESSENCE.</li>
<li><strong>POSSESSION:</strong> Possession will be given at closing, subject to existing leases, IF ANY.</li>
<li><strong>BUYER DEFAULT:</strong> TIME IS OF THE ESSENCE with regards to the Closing Date. Buyer shall forfeit the deposit if Buyer fails to close on or before the Settlement Date as set forth in the Offer to Purchase.</li>
<li><strong>TECHNICAL PROBLEMS</strong>: The Auction Firm 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 Firm. The Auction Firm reserves the right to extend bidding, delay bidding, or cancel bidding, without any notice to online bidders.</li>
<li><strong>DISCLAIMER:</strong> The Auction Firm provides property information that is believed to be accurate, but it is not guaranteed. Bidders must do their own due diligence prior to bidding on the property. By bidding on the property buyers acknowledge that they are satisfied with the property and agree to purchase AS IS.</li>
</ul>