AUCTION ID #: 406126 Bookmark and Share
Lot #53 Saddle Creek Estates , Lenoir, NC 28633
Item 406126  
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Your Bid Status: Item on Hold
Reserve: No Reserve!
Status: Hold
Auction Starts: 03-23-09    08:00 AM ET
Auction Closes: 03-25-09    02:30 PM ET
Asset Details
Seller Information
Seller Name: Bank Owned M&A
Rating: Not Applicable
Location: Lenoir, NC    28633
View Seller's other items
Bid Increment: $500
Minimum Bid: $54,000
Auction Type: Regular Auction
Source: Bank
Deposit Required:
$5,000  see instructions
Overtime Period: 5 min
Buyer's Premium: 4.0%
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Asset is on Hold
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Asset Information Additional Details Your Bid History
Asset Description
Lot #53 Saddle Creek Estates , Lenoir, NC 28633
BR/ .0BA
bidding starts at $54,000
Year Built
Sq Footage
Bathrooms full, 0 partial


Property Features: This is a 10 acre tract of mountain terrain. Road system is partially developed: extensive grading, excavation and gravel but no paving completed. Part of underground utilities appear to be in place.

Address 1Lot #53 Saddle Creek Estates

Maps & Area Information

Additional Details
For more information about this asset including photos, specs and more (when available), click here.
Bidding Requirements
To bid on this auction, all bidders are required to become qualified by placing a deposit. The deposit of the winning bidder is automatically transferred to the seller at the end of the auction. If the winning bidder fails to perform on any auction, the entire BidDeposit will be forfeited to the seller.

Non-winning bidders' deposits are refunded within (10) ten business days after the close of the auction. This deposit cannot be applied to other auctions.

To find out more about the BidDeposit requirement, click here.
Additional Terms of Service
  • Winning bid price is subject to approval by the bank.
  • An administrative fee of $395.00 will be paid by the winning bidder in addition to their bid amount.
  • Settlement Requirements
    • This auction requires that the winning bidder pay a Buyer's Premium of 4.00% of the winning bid amount. (The Buyer's Premium covers the costs associated with the auction). This amount will be added to the winning bid and will be included in the total purchase price paid by the Buyer to the Seller.
    Payment Type
    • Settlement Agent