NOTICE OF PUBLIC AUCTION

SPECIAL COMMISSIONER’S SALE OF REAL ESTATE

COUNTY OF BOTETOURT, VIRGINIA

 

Pursuant to the terms of those certain Decrees of Sale entered in the Circuit Court of Botetourt County, the undersigned Special Commissioner will offer for sale at public auction (with phone simulcast available) the following described real estate at Greenfield Auditorium, Room #212, located at 57 S. Center Drive, Daleville, VA 24083, on Friday, April 30, 2021, at 1:00pm or as soon thereafter as may be effected. The sale of such property is subject to the terms and conditions below, any conditions which may be subsequently posted by Nicely’s Auction Company (“Auctioneer”) and Taxing Authority Consulting Services, PC (“TACS”), and any such terms and conditions which may be announced on the day of the auction.   Announcements made on the day of the auction take precedence over any prior written or verbal terms of sale.

For additional information, please see the Information Packet

 

Property Owner Identification Description
1. Allen James Coble Tax Map No. 101D-191

RPC No. 11436

TACS No. 496409

237 Stoney Battery Road, Troutville; +/- 0.8 acres

 

2. Gary E. Kern Tax Map No. 16A(1)4

RPC No. 17191

TACS No. 496416

74 Saville Lane, Eagle Rock; +/- 0.41 acres
3. Margaret Campbell Pearson, et al. Tax Map No. 109-79

RPC No. 16505

TACS No. 496414

518 Webster Heights Road, Blue Ridge; +/- 3.04 acres
4. Margaret Campbell Estate Tax Map No. 27A-13

RPC No. 18190

TACS No. 570633

62 High Street, Eagle Rock; +/- 0.5 acres

 

 

GENERAL TERMS OF SALE: All sales are subject to confirmation by the Circuit Court of the County of Botetourt. The Special Commissioner of Sale has the right to reject any bids determined to be unreasonable in relation to the estimated value of the Property. All properties are sold in gross and not by the acre. Properties are offered for sale as-is, with all faults and without any warranty, either expressed or implied. Properties are conveyed by Special Warranty Deed, subject to any easements, covenants, agreements, restrictions, reservations, and any and all rights of record which may affect the property. Subsequent taxes will be prorated from the auction date of April 30, 2021, and the highest bidder will be responsible for taxes from that date forward. Any unsold property will be offered for sale again at the next auction, whenever that may be.

 

Persons are encouraged to make a visual inspection of the property within the limits of the law and to obtain an independent title search prior to bidding on any of the properties. Bidders are strongly encouraged to make their own inspection to determine the suitableness of the property and it is assumed that all bidders will perform due diligence prior to the day of the auction. Any costs incurred by the bidder to inspect the property are at the expense of the bidder and are non-refundable. It is not guaranteed that the property has a right-of-way or that it is not landlocked. The information shown, including maps, is derived from public records that are constantly undergoing change and do not replace a site survey or inspection. There is no warranty as to the accuracy of the visual maps, nor is the information contained therein a legal representation of any of the features of the property which it depicts.

 

The highest bidder shall make a deposit in the amount of twenty-five percent (25%) or One Thousand Dollars ($1,000.00), whichever is higher. Deposits shall not exceed Twenty Thousand Dollars ($20,000.00). Bids which are less than One Thousand Dollars ($1,000.00) shall be paid in full at the time of the auction. Such sum shall be held by the Special Commissioner and credited towards the purchase price following confirmation of the sale. There will be a 10% buyer’s premium added to the final bid. The buyer’s premium is in addition to the required deposit amount. Please consider the buyer’s premium when placing bids.

 

Terms applicable to In-Person Bidders ONLY: All payments must be made in the form of personal check, traveler’s check, cashier’s check or money order. No cash will be accepted.

 

Terms applicable to Online Bidders ONLY: All interested parties must register and be approved by the Auctioneer. Registration is free of charge and is done through the Auctioneer’s website https://nicelysauctionco.com. If any interested bidders are unable to attend the auction in-person and do not have access to the internet to register they must contact Brandon Nicely at (540) 968-0962 for assistance. The highest bidder will receive their purchase contract and balance due via email following the close of the auction. The contract shall immediately be executed and returned to TACS. The 25% bid deposit and 10% buyer’s premium must be received in full within five (5) business days following the auction closing (no later than May 7, 2021, at 1:00pm EST). Time is of the essence. All payments must be made in the form of certified funds, cashier’s check, money order or wire transfer. Cash and personal checks will not be accepted. Checks and money orders shall be made payable to Botetourt County and forwarded to TACS, at the address shown below. Wire transfer instructions will be provided to the highest bidder upon request.

GENERAL TERMS OF SALE: The balance of the purchase price shall be deposited by the highest bidder with the Special Commissioner within fifteen (15) days of confirmation of the sale by the Court. Recording costs for deed recordation will be the responsibility of the successful bidder and will be due with the balance of the purchase price within fifteen (15) days of confirmation of sale by the Court.

 

The sale of property to the highest bidder is not contingent upon obtaining financing. Financing, if needed, is the sole responsibility of the high bidder. By bidding, parties are entering into a legally binding contract, waive all rescission rights, and understand that their bid is immediately binding, irrevocable, and enforceable. Additionally, by bidding, parties are representing that they have read, and agree to be bound by, all terms and conditions for this sale. Failure to complete the property purchase will result in forfeiture of any funds paid and may subject the highest bidder to additional damages, which may include expenses and any deficit upon resale.

 

Please be advised that in order to qualify as a bidder at this auction, you may not owe delinquent taxes to the County of Botetourt and you may not be a Defendant in any pending delinquent tax matter. Questions concerning the registration and bidding process should be directed to the Auctioneer online at https://nicelysauctionco.com, by email to Brammin57@aol.com or by phone to Brandon Nicely, at (540) 862-0714. Questions concerning the property subject to sale should be directed to TACS online at www.taxva.com, by email to taxsales@taxva.com, by phone to (804) 548-4425, or by writing to the address below.

 

John A. Rife, Esq.

Re: Botetourt County Auction

Taxing Authority Consulting Services, PC

P.O. Box 31800

Henrico, Virginia 23294-1800