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| Land Properties | |
|---|---|
| Address | SUNNYSIDE St Danville, VA 24540 |
| County | City of Danville |
| Parcel Number | 04274 |
| Lot Size | 0.12 acres |
All property is sold as is, where is, with no warranties expressed or implied. It is the duty of prospective buyers to research properties to their satisfaction prior to bidding, and a bid shall constitute a binding contract, in which the buyer is agreeing to abide by the Terms of the Auction.
This is a cash sale, you are bidding on the full purchase price. Buyer to pay a buyer's premium of 10% with $100 minimum and closing costs of $500, which includes deed preparation, recording fees, and transfer taxes. Seller will handle the entire deed recording process and will convey property via warranty deed. Buyer is responsible for all back taxes (estimated around $40) and any liens, which includes a weed abatement lien (please verify exact amounts with City of Danville). There are no other known liens, but Buyer should verify before placing a bid. Property was acquired as a tax foreclosure. Full payment is due within 4 calendar days of the auction's close.
This auction requires that the winning bidder pay a Buyer's Premium of 10.00% 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.
Some sellers buy large "pools" of under-valued properties from banks. The seller may not inspect every property prior to sale. The seller represents these properties to the best of their knowledge. In some rare cases, property may have severe damage or be subject to county/city orders not described in the auction. It is highly recommended that interested bidders arrange for an external inspection personally or through a designate and that they contact the county or city in which the property is located to confirm the status of the property.
Bid4Assets reminds all potential real estate bidders that it is your responsibility to complete all due diligence needed to determine the condition, market value, or investment value of this asset prior to placing a bid. Necessary due diligence items may include, but are not limited to,
By placing a bid, you acknowledge that any statements made by the seller about the condition or market value of the property are subjective, and do not release you from your responsibility to perform due diligence. Please contact Bid4Assets if you believe that a seller is intentionally misrepresenting a property in their auction.
