| Name | Super Real Estate Investment Opportunity! Live / Online Simu |
|---|---|
| Auctioneer | Johnson Properties Realtors & Auctioneers, Inc. |
| Type | Live Webcast Auction |
| Date(s) | 8/2/2022 |
| Tuesday August 2, 2022 at 12:00 PM | |
| Preview Date/Time | Tuesday, August 2nd from 10:30 am until 12:00 Noon (Auction Time) or by appointment |
| Checkout Date/Time | Tuesday August 2, 2022 at 12:00 PM |
| Location | 519 Jones Franklin Road Raleigh, NC 27606 |
| Buyer Premium | 7% online - 6% onsite |
| Description |
This is early notice of a golden opportunity for the Savvy Real Estate Investors in Wake County! This tract fronts Jones Franklin Road just a few hundred feet from the Beltline and is surely to be a grand investment for the future! This spacious tract sits on the corner of Waters Edge Drive and Jones Franklin Road just minutes from Raleigh and Cary Shopping. This will be a live / Onsite / Simulcast Event held right on the property! Gather your money and get ready for the Investment of the year in one of the fastest growing markets in the United States! This is a rare opportunity to purchase property at public auction with this much potential!
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Auction Terms & Conditions 1. BUYERS PREMIUM: Real Estate: A 6% (onsite) or a 7% (online) buyer’s premium will be added to the successful bidders high bid and will be included in the total contract purchase price. This property will be sold subject to seller confirmation.
2. CONDITIONS: The information contained on this web site and all related auction materials are subject to the terms and conditions of the CONTRACT OF SALE. Buyer’s complete inspection of property is encouraged.
*3. BROKER PARTICIPATION WELCOME: Any broker actively licensed in North Carolina whose agent properly registers the successful high bidder, will be paid a 2% commission, based on gavel price, at settlement by the seller. Registration must be on a Johnson Properties Realtors & Auctioneers Inc. Broker Pre-Registration Agreement. The properly completed agreement must be received in the office of Johnson Properties Realtors & Auctioneers Inc. no less than 48 hours prior to the auction. Additionally, agent must attend sale and co-register with prospect on Auction day. Only the first agent to register the high bidder will be paid a commission. Agents acting as principals, on behalf of other licensed real estate agents or on behalf of family members, or who represent prospects who have had prior contact with the Seller or Auction Company are not eligible. Brokers may pre-register only one potential buyer.
4. DEPOSIT: A 10% Earnest money deposit is required on day of sale. Balance due on or before 45 days post auction.
5. AUCTIONEERS DISCLAIMER: All information contained herein is provided without representation or warranty as to the accuracy of the same. Buyers shall rely on their own judgment and inspection. Property to be sold AS IS, WHERE IS, with all faults if any. The Auction Firm and Sellers reserve the right to entertain any reasonable offers, which may be accepted, prior to the auction.
6. ATTENTION AUCTION BUYERS: We suggest that you arrive one hour prior to the auction in order to register and have any last minute questions answered. NCAL: #7340
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Terms Of Use
Seller User Terms
Bidder User Terms
Seller User Terms
Bidder User Terms
Your bid must adhere to the bid increment schedule.
| Bid Amount | Bid Increment |
|---|---|
| 0.00 - 9,999,999.99 | 5,000.00 USD |
| Currency | USD |
|---|---|
| Buyer Premium | 7% online - 6% onsite |
| Payment Terms |
A ten percent (10%) earnest money deposit is required in the form of a certified check, cash or wire transfer. The earnest money deposit is due within 72-hours of the close of the auction, with the balance of the contract purchase price due at closing within 45 days. Purchaser shall be responsible for all wire transfer fees ($25). The property is being sold subject to seller confirmation.
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