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AUCTION ID #: 453714
USMS: Grover, NC - 106 Meadow Lark Lane
Item 453714  
Final Bid: USD $0
Number Bids: 0
Your Bid Status: Login to view status
Reserve: Not Met
Status: Closed
Auction Started: 08-10-10    08:00 AM ET
Auction Closed: 08-12-10    03:00 PM ET
Asset Details
Seller Information
      
Seller Name: USM
Rating: Not Applicable
Location: Grover, NC   28038
View Seller's other items
 
 
Bid Increment: $150
Minimum Bid: $4,875
Auction Type: Regular Auction
Source: Government
Deposit Required: $2,000    
Overtime Period: 5 min
Page Views: 527
Bidding has Closed
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PROHIBITED PARTIES

The contractor, its employees, and their families and/or persons acting for and/or on behalf of the contractor are prohibited from bidding on any property offered for sale by the United States Government.

In order to avoid a conflict of interest, or the appearance of a conflict of interest, the following classes of persons are prohibited from purchasing, either directly or indirectly, property forfeited to the United States which is to be sold under this contract or any subcontract to this contract.

To view the entire Prohibited Parties Terms please click here.

View all USMS auctions at Bid4Assets


Item Specifics
 
Land Properties
  Address 106 Meadow Lark Lane
  City Grover
  State NC
  Zip 28038_!_
  County Cleveland County
  Country 1
  Parcel Number 45156
  Lot Size 0.71 acres
  Display Maps Yes

Asset Description
The U.S. Marshals Service offers the following asset for auction:
  • Subject property is located at 106 Meadow Lark Lane, Cleveland County, Grover, NC 28038.
  • Legal Description: Being all of Lot No. 21 of Meadow Brook Subdivision as shown on a plat as recorded in Plat Book 18, Page 56 of the Cleveland County Registry and reference is hereby made to said plat for a full metes and bounds description as if fully set out herein.

    The above property is subject to those restrictions of record as recorded in Book 1102, Page 1460 and as amended in Book 1150, Page 1840 of the Cleveland County Registry.

  • Parcel ID #: 45156
  • Site area is .71 +/- acres.
  • Property type is land only.
  • This is a cleared vacant lot with no improvements.

This is pursuant to a Final Order of Forfeiture Substituting Property For Money Judgment of $XX,XXX.XX dated July 30, 2009.

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
Sold by the U.S. Marshals Service, which reserves the right to refuse any bid for any reason. Please see the document "General Terms of Sale" found in the due diligence area for further information. Bidders should conduct their own due diligence to determine value.

The assets offered for sale by the United States Marshals Service are either seized by and/or forfeited to the United States under federal forfeiture laws. All Buyers of these assets must understand that the United States, and/or its agencies, agents, officers, employees, and/or assigns (hereinafter referred to as "Seller") has acquired the subject property through seizure and/or forfeiture, and has little or no direct knowledge concerning the title, nature, value, source, authenticity and/or any other aspect or characteristics of these assets.

THEREFORE, the Seller offers these assets for sale in "AS IS" CONDITION AT THE TIME OF SALE OR CLOSING, INCLUDING ANY HIDDEN DEFECTS OF ANY NATURE, KNOWN OR UNKNOWN, with no representations, warranties or guarantees whatsoever, express or implied, regarding their nature, value, source, authenticity, fitness, merchantability, and/or any other aspect or characteristic of these assets. No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding these assets. All sales are with the understanding that the buyer cannot rely on any other representation, warranty or guaranty made by anyone.

All information derived from third party sources, including but not limited to appraisals, is deemed reliable but not guaranteed.

All buyers are deemed to have relied entirely on their own information, judgments and inspections of the assets in making the decision to purchase the asset.

In addition, all Buyers must agree to release and hold harmless the Seller from any and all demands, rights and causes of action, arising from, or to arise from, or by reason of, the Government's seizure, forfeiture, ownership, possession, management, use, sale and/or transfer of these assets.

Settlement Requirements
  • Certified/Cashier's Check
  • The successful bidder has 24 hours following the close of the auction to sign a Purchase Agreement. The successful bidder has 30 calendar days to complete the transaction by certified check to the U.S. Marshals Service. If the successful bidder does not perform, the bidder will forfeit his/her/its BidDeposit to the U.S. Marshals Service. The successful bidder will be required to cover any closing costs.

    For assistance, please contact Bid4Assets’ Customer Service team at service@bid4assets.com or 877-4ASSETS (427-7387).

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