Internet Buyer’s Premium is seven percent (7%) of the Hammer Price which is added to the Hammer Price which constitutes the Total Contract Price of the Auction Property. Auction Terms –2300 Mayflower Drive, Lynchburg, Va. 24501 Wednesday, July 13th at 10:00 a.m. on-site and online. On-site: 5% buyers premium /online 7% buyers premium added to the high bid to determine contract sales price-10% deposit due day of sale with the balance due at closing in 30 days. Potential buyers must perform such independent investigations with respect to property as they deem necessary to verify information provided by the auction company and/or seller. All information provided by the auction company and/or seller is deemed reliable but not warranted. All property is being sold "AS IS" without representation or warranties of any kind or nature. Please inspect the property before bidding. All sales are final. The auctioneer is an agent for the Seller. Announcements made the day of sale take precedence over any printed material or other oral statements made. This provision shall in no way affect the right of Seller and Auctioneer to rely upon and to exercise any other legal remedies or recourse available to them, including without limitation seeking specific performance or monetary damages, in the event the closing contemplated herein does not occur due to default by Purchaser. Purchaser further agrees to pay all attorney fees, court costs and other costs of collection/enforcement incurred by Auctioneer and Seller due to a default by Purchaser. The auction is subject to cancellation, additions, deletion, or postponement.