AUCTION INFORMATION
REAL ESTATE:
703 North Rockbridge Avenue– 2 Bedroom 1 Bath Home. Recent Additions Include Siding and Windows. Located within walking Distance to WestRock, and Downtown.
705 North Rockbridge Avenue– 2 Bedroom 1 Bath Home. Stucco Exterior also located within walking distance to WestRock and Downtown,
904 North Greenbrier Avenue– 3 Bedroom 1 Bath Home. Features Stucco exterior, Fenced in Lot.
1891 South Carpenter– 3 Bedroom 1 Bath home with Many Upgrades and Large Front Deck.
222 Walnut Street– 3 Bedroom 1 Bath Home with many upgrades minutes from Downtown
BUILDING LOTS:
Corner of East Dewey and Schley– Building lot located steps from downtown Covington. This lot is next door to the YMCA facility in the former Jeter Watson School.
Corner of Dolly Ann and Julian Street– 2 Building Lots ideally located in Alleghany County
Broker Participation:
Any appropriately licensed broker whose agent properly registers the successful high bidder will be paid a 2% commission based upon the contract sales price at settlement by the Seller. Application must be on a Greenway’s Real Estate & Auction, Inc. Broker Participation Application form and contain the name, address and signature of agent and prospect as well as the Broker’s license number and Federal Tax ID number. The form must be received in the offices of Greenway’s Real Estate & Auction, Inc., by 12:00 Noon on the day before the sale. Agent must show the prospective buyer the property and sign in at the open house, if attended by prospective buyer, attend the sale, and co-register with prospective Buyer on auction day. Only the first agent to register the high bidder will be eligible for a commission. Agents acting as principals buying on their own account, on behalf of family members, other licensed real estate agents, or who represent prospects that have had prior contact with Seller or Auction Company are not eligible. An agent may register only one bidder.
Auction Sale: All property is auctioned “AS IS, WHERE IS” with all faults in its condition at the time of sale without recourse by way of a refund, reduction of the purchase price, or otherwise. Bidders should perform such independent investigation with respect to the property as they deem necessary or appropriate
Financing: You’re bidding and purchase of the property is NOT CONDITIONAL UPON FINANCING. Be sure you have arranged financing, if needed
Liability: Bidders inspecting property enter at their own risk. Auction Company assumes no risk for bodily injury or damage to personal property.
Bidding: Qualified bidders may bid on individual tracts, any grouping of tracts or on the whole property. The auctioneer will determine all bid increments. All decisions by the auctioneer regarding bid acceptance are final.
Announcements: Announcements on day of sale take precedence over all prior releases, verbal and written, concerning this auction sale.
Buyer’s Premium Real Estate: The Buyer’s Premium on the real estate is 5%, Buyer’s Pr The Buyer’s Premium will be added to the high bid to determine the final sale price.
Agency: The Auction Company and its representatives represent the seller. A deposit in the amount of ten percent (10%) of the contract sale price will be required on day of sale. The deposit is payable by cash, cashier’s check, or pre-approved personal check payable to Greenway’s Real Estate & Auction, Inc. Escrow Account. Personal checks will be approved if the Buyer presents a bank letter stating that the Buyer is a customer of the bank and the checking account is in good standing.
General: The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, error, or omissions is assumed by the Seller or the Auction Company. REAL ESTATE SOLD SUBECT TO OWNER’S CONFIRMATION