Sussex County Real Estate Auction

Friday, December 2, 2022 | 10:00 AM Eastern

Auction closed.

Sussex County Real Estate Auction

Friday, December 2, 2022 | 10:00 AM Eastern

Auction closed.

Internet Premium: 10.00%
See Special Terms for additional fees

Stony Creek, VA

Description

Pursuant to the terms of those certain Decrees of Sale entered in the Circuit Court of County of Sussex, 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 Sussex Courthouse Volunteer Fire Department, 20169 Princeton Rd, Stony Creek, Virginia, on December 2nd, 2022 at 10:00 am.

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 Gray Co. Services (“Auctioneer”) and Taxing Authority Consulting Services, PC (“TACS”). Subsequent announcements made on the day of the auction take precedence over any prior written or verbal terms of sale

Lot Location:

All lots are located at event location

Gray Auctions

(804) 943-3506

Internet Premium: 10.00%
Payment Options: Money Order and Wire Transfer
Payment Instructions: The credit card on file with Proxibid is for verification purposes only and will not be charged following the auction. Please see the payment terms below for both ON-LINE and IN-PERSON bidders. 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. 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. NON JUDICIAL PROPERTY PAYMENT TERMS: The highest bidder shall remit payment in full at the time of auction. There will be a 10% buyer’s premium, subject to a minimum of $100, added to the final bid. Recording costs for deed recordation will also be the responsibility of the successful bidder and are due at the time of the auction. JUDICIAL PROPERTY PAYMENT TERMS: On the day of the auction, 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 $100.00, added to the final bid. Bids which are less than One Thousand Dollars ($1,000.00) shall be paid in full at the time of the auction. 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 of confirmation of the sale by the Court. Terms applicable to In-Person Bidders ONLY: The deposit and buyer’s premium are due on the day of the auction. All payments must be made in the form of personal 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 graycoservices.com. 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 Joe Gray at 804-943-3506 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 deposit and buyer’s premium must be received in full within seven (7) days following the auction closing (no later than December 9, 2022). 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 Sussex 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 County of Sussex 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 graycoservices.com, by email to grayauctionsco@aol.com or by phone to Joe Gray, at 804-943-3506. 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 804-293-8608, or by writing to the address below. Re: County of Sussex Judicial Sale Auction Taxing Authority Consulting Services, PC P.O. Box 31800
Currency Type: USD
Shipping Instructions: Real Estate - No Shipping
Preview Date & Times: May preview whenever you wish
Checkout Date & Times: At Auction Conclusion
Location: 20169 Princeton Road, Stony Creek, VA 23882
Driving Directions:

Special Terms

Because there were mistakes in the original listing, all online bids have been reset. We apologize if this causes any inconvenience, but we want to make absolutely sure, everyone is bidding on what they want and all the information is correct. Thank you. SOLD AS IS, WHERE IS, NO WARRANTY OR GUARANTEE EXPRESSED OR IMPLIED. ALL PURCHASES MUST BE PAID FOR AT THE CONCLUSION OF THE AUCTION SALE, IN CASH, OR OTHER GUARANTEED FUNDS ACCEPTABLE TO THE AUCTIONEER. BUYERS MUST PROTECT THEIR PURCHASES FROM TIME OF “KNOCK DOWN”. IN THE EVENT THAT PURCHASES ARE NOT PAID FOR, AUCTIONEER MAY RESELL THE ASSET TO THE LAST HIGH BIDDER, AND ORIGINAL PURCHASER WILL BE RESPONSIBLE AND CHARGED FOR THE DIFFERENCE IN PRICE.

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1.178.0.761.2502f97.11.218

Bid Range	Increment
$0.01 - $0.24	$0.01
$0.25 - $0.49	$0.05
$0.50 - $0.99	$0.10
$1.00 - $4.99	$0.25
$5.00 - $9.99	$0.50
$10.00 - $24.99	$1.00
$25.00 - $99.99	$5.00
$100.00 - $249.99	$10.00
$250.00 - $499.99	$25.00
$500.00 - $999.99	$50.00
$1,000.00 - $4,999.99	$100.00
$5,000.00 - $24,999.99	$250.00
$25,000.00 - $49,999.99	$500.00
$50,000.00 - $99,999.99	$1,000.00
$100,000.00 - $249,999.99	$2,500.00
$250,000.00 - $999,999.99	$5,000.00
$1,000,000.00+	$10,000.00

Category

Selling Format

Sussex County Real Estate Auction

Sussex County Real Estate Auction

Property Non Judicial 1

Property Non Judicial 2

Property Non Judicial 3

Property Non Judicial 5

Property Non Judicial 6

Property Judicial 1

Property Judicial 2

Property Judicial 3

Property Judicial 4

Property Judicial 5

Property Judicial 6

Property Judicial 7

Property Judicial 9

Property Judicial 10

Property Judicial 11