NOTICE OF PUBLIC AUCTION
SPECIAL COMMISSIONER’S SALE OF REAL ESTATE
COUNTY OF ROCKBRIDGE, VIRGINIA
Pursuant to the terms of those certain Decrees of Sale entered in the Circuit Court of County of Rockbridge, the undersigned Special Commissioner will offer for sale at a simulcast (with online and in person bidding) public auction the following described real estate at The Rockbridge County Courthouse, 20 South Randolph Street, Lexington, Virginia 24450, on September 12, 2023 at 11:00am.
The sale of such property is subject to the terms and conditions below, and any term or conditions which may be subsequently posted or announced by For Sale At Auction, Inc. (“Auctioneer”) and 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 auctioneer’s website here: For Sale At Auction, Inc.
|Property Owner(s)||Tax Map No.||TACS No.||Property Description|
|N1||Alfred Franklin||108A700109900380||164497||Lot 38 Block 99 in the Town of Glasgow|
|N2||A. C. Exal||108A600101770310||164477||Lot 31 Block 177 in the Town of Glasgow|
GENERAL TERMS OF SALE: The Treasurer 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.
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.
PAYMENT TERMS: The highest bidder shall pay the high bid in full, along with the buyer’s premium and deed recording costs, following the close of the auction. There will be a 10% buyer’s premium, subject to a minimum of $100, added to the winning bid.
Terms applicable to In-Person Bidders ONLY: The highest bidder shall make payment in full on the day of the auction. 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 and bidding are free of charge and are done through the Auctioneer’s website forsaleatauction.biz. If any interested bidders are unable to attend for in-person bidding and wish to bid on property, but do not have access to the internet, please contact (540) 899-1776 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 full balance due must be received within seven (7) days following the auction closing (no later than September 19, 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 County of Rockbridge and forwarded to TACS, at the address shown below. Wire transfer instructions will be provided to the highest bidder upon request.
GENERAL TERMS: To qualify as a purchaser at this auction you may not owe delinquent taxes to the County of Rockbridge. Questions concerning the registration and bidding process should be directed to the Auctioneer online at forsaleatauction.biz by email to firstname.lastname@example.org or by phone to (540) 899-1776. Questions concerning the property subject to sale should be directed to TACS online at taxva.com, by email to email@example.com, by phone to (804) 893-5176, or by writing to the address below.
Taxing Authority Consulting Services, PC
Attn: Tax Sales
P.O. Box 31800
Henrico, Virginia 23294-1800