Investment Property for Sale at Auction in Check Va

Investment Property for Sale at Auction in Check VA

Investment opportunities await on this property in Check, VA! This +/-10.255 acre property with recorded survey, lays great. It is all wooded with excellent building sites. The property contains an older manufactured home in poor condition along with some miscellaneous yard decorations that you can keep or discard. Property has electric, well and septic on site. It is within 5-10 minutes from the new FloydFest site making it great for a weekend getaway or camping site. It is in between Floyd and Roanoke, VA. If you are looking for a home building site or wooded recreational lot, check out this property!

Online Auction Ends Thursday, June 6th, at 4 PM
228 Ananda Way NE, Check, VA 24072

Click Here for Bidder Packet
Click Here for Interactive Map

CONTACT: Auctioneer Matt Gallimore at 540-239-2585 or email Gallimore.Matt@gmail.com. You can also contact Realtor Levi Cox at 540-230-7162 or email LeviCox87@gmail.com

DIRECTIONS: From Floyd VA take Route 221 N. to a left on Kings Store Rd., to a left onto Vest Tannery Rd. NE, to a left on Ananda Way NE. Marked by sign.

BIDDER PACK: Download Bidder Pack for complete information. Bidder Pack has maps, complete terms and conditions, sample contracts, tax cards, and restrictions. Some of the plats in Bidder Pack may have notations and boundaries created by Auctioneer for illustration purposes, however unchanged surveys are in Bidder Pack as well.

SOFT CLOSE: If a bid is received within the last 2 minutes of the auction, the auction close time will automatically extend 2 minutes to allow other bidders an opportunity to competitively bid prior to the auction closing. This feature eliminates “snipers” and encourages fair and impartial bidding from all participants.

BUYER’S PREMIUM – TEN PERCENT (10%): Buyer’s Premium shall be added to the final online bid, which will determine the Total Contract Sales Price. Bidders hereby acknowledge and understand that the Buyer’s Premium will be added to the winning bid to create the Total Contract Sales Price for which they are obligated to pay for the property. Example: (winning online bid $100,000 + 10% buyer’s premium = total purchase price of $110,000). Buyer’s Premium is not due until closing.

PRE-AUCTION SALES: As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all off the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest deposit. Properly submitted offers will be presented to the Seller in a timely manner. Seller may accept or reject such offer at their sole and absolute discretion. When a pre-auction offer is submitted, all properly registered online bidders will be notified that “an offer” has been submitted and on which specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for seller’s acceptance. A Referral Fee of 2% of the high bid is offered to a cooperating VA State Licensed Real Estate Salesperson/Broker on any pre-auction offers that are properly completed and submitted on the appropriate forms provided. Download Bidder Pack for Online Bidder’s Agreement, maps, sample contracts, and property information.

TERMS & CONDITIONS: 10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $5,000 is required on the day of sale. Close on or before July 22nd, 2024. Subject to seller confirmation. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence before placing a bid. Auction starts ending at 4 PM on June 6th, 2024. Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes. Be sure to register to bid early to ensure you receive notifications regarding any changes to the Auction, Bidder Packet and/or Pre-Auction offers received. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps.