Prince George County - Real Estate Auction - TACS

NOTICE OF PUBLIC AUCTION
SPECIAL COMMISSIONER’S SALE OF REAL ESTATE
COUNTY OF PRINCE GEORGE, VIRGINIA

Pursuant to the terms of those certain Decrees of Sale entered in the Circuit Court of the County of Prince George, the undersigned Special Commissioner will offer for sale at an online only public auction the following described real estate. Pre-bidding is available now at tacssale.com, and bidding will begin to close on November 3, 2023 at 11:00 AM EST.

The sale of such property is subject to the terms and conditions below, and any terms or conditions which may be subsequently posted or announced by Taxing Authority Consulting Services, PC (“TACS”). Subsequent announcements take precedence over any prior written or verbal terms of sale.

For complete information (including terms, conditions and property listings), please see the Information Packet

You can visit the website and register for the auction here: Auction Website

Property Owner(s) Tax Map No. TACS No. Property Description
1 Walker, Benjamin and Carolina C. 390(0A)00-034-0 513468 Vacant; 6.7 acres +/-; on Lebanon Rd. (Route 611)
2 Walker, Benjamin and Carolina C. 390(0A)00-034-A 513468 Vacant; 4.3 acres +/-; on Lebanon Rd. (Route 611)
3 REDEEMED REDEEMED REDEEMED REDEEMED
4 REDEEMED REDEEMED REDEEMED REDEEMED
5 Lion Mink Monkey, LLC 430(0A)00-076-0 719928 Vacant; 8 acres +/-; near Gatewood Rd. and Route 301
6 REMOVED REMOVED REMOVED REMOVED
7 REDEEMED REDEEMED REDEEMED REDEEMED

 GENERAL TERMS OF SALE:  All sales are subject to confirmation by the Circuit Court. The Special Commissioner has the right to reject any bids determined to be unreasonable in relation to the estimated value of the Property. Any unsold property will be offered for sale again at the next auction, whenever that may be.

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. Properties are offered for sale as-is, where-is, and if-is, with all faults and without any warranty, either expressed or implied. Persons are encouraged to make a visual inspection of the property within the limits of the law and to obtain an independent title search, at their own expense, prior to bidding on any of the properties to determine the suitableness of the property for their purposes. It is not guaranteed that the property has a right-of-way or that it is not landlocked. Property is sold in gross and not by the acre. There is no warranty as to the accuracy of the GIS system, nor is the information contained therein a legal representation of any of the features of the property which it depicts. We do not provide and do not assist with obtaining title insurance or title to personal property.

All interested bidders must register and be approved to bid. Registration and bidding are free of charge and are done at tacssale.com. If any interested bidders do not have access to the internet, please contact TACS at auctions@taxva.com or 804-548-4408 for assistance with creation of an account and placement of bids.

Registered bidders may bid online at any time during which the auction is open. Bidders may enter a maximum bid amount and allow the system to bid in pre-set increments for them, or may manually enter each bid individually, at their preference.

PAYMENT TERMS: 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, along with a 10% buyer’s premium, subject to a minimum of $150.00, added to the final bid. Bids which are less than One Thousand Dollars ($1,000.00) shall be paid in full. Deposits shall not exceed Twenty Thousand Dollars ($20,000.00) per parcel. Such sum shall be held by the Special Commissioner and credited towards the purchase price following confirmation of the sale. Subsequent taxes will be prorated from the auction date, and the highest bidder will be responsible for taxes from that date forward.

The balance of the purchase price and recording costs for deed recordation shall be deposited by the highest bidder with the Special Commissioner within fifteen (15) days after confirmation of the sale by the Court.

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 deposit and buyer’s premium must be received in full no later than November 10, 2023. 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 the County of Prince George and forwarded to TACS. Wire transfer instructions will be provided to the highest bidder upon request.

GENERAL TERMS: 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.

To qualify as a purchaser at this auction, you may not owe delinquent taxes to the County of Prince George and you may not be a Defendant in any pending delinquent tax matter. Questions should be directed to TACS online at tacssale.com, by email to auction@taxva.com, by phone to 804-548-4408, by fax to 804-545-2378, or by writing to the address below.

Taxing Authority Consulting Services, P.C.
Attn: Tax Sales
P.O. Box 31800
Henrico, Virginia 23294

**TACS is not responsible for internet connectivity issues, software functionality, bidding application, or system errors which could cause a bid to fail to be recognized. There is no recourse or remedy, implied or offered, to any online bidders in the event of any issues.*