Real Estate AUCTION – Hinton and Lewisburg

Amazing investment properties


Located in wild and wonderful Greenbrier and Summers County, WV. This is a great investment opportunity. Home at 519 4th Ave. Hinton and 286 Ike Clark Circle Lewisburg, WV Investment home and income-producing rentals.

 

ONLINE BIDDING ONLY
Began: 03/09/20 at 4:00 PM EDT
Ends: 03/28/20 at 2:00 PM EDT

Online Auction of valuable real estate 

Auction closes on March 28th, beginning at 2:30 pm local time 

286 Ike Clark Circle, Lewisburg, WV 24901 

Auction runs thru March 28th. Auction begins closing at 2:30 pm local time

AUCTION 1  (LEWISBURG)  

 

To bid online copy and paste this URL https://foxfirenation.bidwrangler.com/ui/auctions/47571

 

Questions or to arrange for a viewing contact Lead Auctioneer Randy S. Burdette , CAI 927, call or text 304.667.2897

Directions: From Walmart take US Route 219 North past I-64 to stop light at intersection of 219 and Brush Road aka Stone House Road. Turn right onto Brush Road aka Stone House Road travel 1.46 miles and bear left onto Anderson Road, then travel 0.4 miles turn left onto Ike Clark Circle. Travel 0.2 miles and subject property is on the right. 

2 Acres Excellent investment opportunity, valuable real estate near historic Lewisburg, WV 24901

Two story stick-built home with 3 bedroom, 2 baths, and central air/heat by a heat pump and electric furnace, situated on 2 +/- acres. 

Location (lat, long) 

(37.823261, -80.395768) 

Location (UTM 17N): (4186377, 553178) Elevation: About 2306 ft 

Legal information: Greenbrier County, West Virginia 

Deed Book 392 Page 733 

Lewisburg district 9, tax map 20E, Parcel 6 

Taxes 2019 $555.02 

Income producing property! The mobile homes do not convey. They are owned by the occupant’s, and they pay monthly rent of $100.00 each per month on a month to month lease. The Seller will convey said leases and proceeds upon closing. Any rent proceeds would be pro-rated at the closing table. 

ENTRY LEVEL 

Living room 12.6 x 20 

Dining room 9.2 x 10 

Downstairs bath 6.5 x 6.5 with shower stall, tile floor 

Kitchen 8.8 x 9 with 2 pantry closets 

Side by side refrigerator 

Electric range/oven 

Built in dishwasher 

Laminate surface countertop  

UPSTAIRS

Bath FULL 8.7 x 10.2 vinyl

Main bedroom 12.4 x 14 with ceiling fan, carpet, with walk in closet 9 x 9.2 

Bedroom on left 14 x 10.2, carpet 

2nd bedroom on left 10.2 x 12, carpet and ceiling fan 

Family room with ceiling fan 16.8 x 11.6 

Washer and dryer hookup center hallway upstairs 

EXTERIOR 

Top covered porch 10 x 28 

Front porch covered 7.7 x 21.3 

Side deck porch 9.5 x 16 

Garage 13.9 x 25.3 

Garage offset 4.5 x 9.7 

Covered attached carport 28 x 9.9 gravel floor 

Storage building 12.9 x 10.3 

Public Water 

Electric furnace approx. 3 years old 

City water, 2 septic systems

High Speed Internet Available 

Good Cell Phone Reception 

Buyer’s Premium: A buyer’s premium of 10% will be added to the final auction block price and shall become part of the total contract/deed price. 

Helpful Tips to Keep in Mind Before & During Your Bidding Process 

Bidding confirms you’ve inspected the property and read and agreed to the terms of sale in the Contract for Sale of Real Property — DO NOT BID unless you have done this! 

2. Foxfire Realty reserves the right to remove or cancel the bids and or bidding privileges of the party at any time deemed not to be in the best interest of the seller. 

3. All properties are sold “as-is” without any post auction inspections or repairs. 

4. You must make an earnest money deposit and execute the Contract for Sale of Real Property within 48 hours of receipt of your contract package from Foxfire Realty. 

5. You must close on the transaction on or before the date stipulated in the Contract for Sale of Real Property — there are no financing or inspection contingencies, or other delays allowed. 

6. You are not allowed possession of the property until after closing. NO EXCEPTIONS. 7. You will also be responsible for all the closing costs. (Please refer to Contract for Sale of Real Property). 

7. All properties are subject to prior sale or removal from the auction. 

8. Again, please read and review the terms and conditions of the Contract for sale of Real Property. It is the document that controls this auction. 

Frequently Asked Questions 

Is this an Absolute Auction or does it require the seller to approve the winning bid? NO, THIS AUCTION IS SUBJECT TO SELLER CONFIRMATION. 

 

Auction 2

Online Auction of valuable real estate

 

 

 

 

 

 

 

 

 

Home located in historic Hinton WV on 4th Ave. Excellent investment property. Property is close to the downtown area, near public schools, and close to the Post Office.

Online Auction investment home located at 519 Forth Ave. historic Hinton, WV 25951

 

To bid online copy and paste this URL https://foxfirenation.bidwrangler.com/ui/auctions/47571

 

Questions or to arrange for a viewing contact Lead Auctioneer Randy S. Burdette , CAI 927, call or text 304.667.2897

Auction begins closing on March 28th, 2 pm local time

– Fixer Upper home with strong bones, 2-3 bedroom, and a single bath. Located close to the busy downtown section of the Hinton business district and the County Courthouse.

Helpful Tips to Keep in Mind Before & During Your Bidding Process

Bidding confirms you’ve inspected the property and read and agreed to the terms of sale in the Contract for Sale of Real Property — DO NOT BID unless you have done this!

2. Foxfire Realty reserves the right to remove or cancel the bids and or bidding privileges of the party at any time deemed not to be in the best interest of the seller.

3. All properties are sold “as-is” without any post auction inspections or repairs.

4. You must make an earnest money deposit and execute the Contract for Sale of Real Property within 48 hours of receipt of your contract package from Foxfire Realty.

5. You must close on the transaction on or before the date stipulated in the Contract for Sale of Real Property — there are no financing or inspection contingencies, or other delays allowed.

6. You are not allowed possession of the property until after closing. NO EXCEPTIONS. 7. You will also be responsible for all the closing costs. (Please refer to Contract for Sale of Real Property).

7. All properties are subject to prior sale or removal from the auction.

8. Again, please read and review the terms and conditions of the Contract for sale of Real Property. It is the document that controls this auction.

Frequently Asked Questions

Is this an Absolute Auction or does it require the seller to approve the winning bid? NO, THIS AUCTION IS SUBJECT TO SELLER CONFIRMATION.

On a property selling at Absolute Auction, the property listing will indicate that the property sells at Absolute Auction which means the seller agrees to sell this property for the highest bid received during this Auction. A contract is made at the bid closing between the seller and the winning bidder. All other properties are offered subject to seller confirmation/approval of the final bid price. This method allows the seller to reserve the right to accept or decline any bid placed on the property. With either method our sellers are highly motivated to sell. The seller has elected to use the auction method to reduce their time in the market and convert the property to immediate cash. Bid with confidence!

Can I use bank financing? Yes, however, there are no contingencies to these sales (i.e. financing, appraisal, repairs or inspections). Therefore, you should be pre-qualified by a lender prior to bidding if you require financing. Each property is being sold for cash “as-is, where-is” with a specific closing deadline specified in the Contract for Sale of Real Property.

Can I use my own attorney/title company to examine title? Yes, however, the Contract for Sale of Real Property will govern the sale, specifically the designated Settlement Agent will conduct the closing and the buyer will pay said closing fees as indicated. Buyer may seek representation from other sources at their own expense.

Am I responsible for the property before closing? No

Basic Terms of the Auction.

Announcements made on the day of the auction take precedence over previously published or statements.

RESERVE: This is a subject to highly motivated seller’s approval of all bids AUCTION.

Legal description: Hinton Corp. Tax Dist. 4, Map 5, Parcel 93, Deed Book WB 28, WB Page 199, Summers County, WV.

Conveyance: The property will convey free and clear of any liens or back taxes. The property will convey by a Warranty Deed. Closing is to occur within 45 days of the auction. Time is of the essence with this transaction. The property will convey by the existing legal description and shall be sold by the existing boundary.

Contract: The successful purchaser will be required to enter into a non-contingent purchase contract. The sale is not contingent upon appraisal, inspections, financing, etc.  Should the purchaser withdraw from the transaction prior to closing, the purchaser shall forfeit all moneys deposited.

Ernest Money Deposit due upon the fall of the hammer is $500.00 to be paid in verifiable funds within 48 hours of the Seller’s acceptance. Acceptable deposits in US funds include good check, cashier’s check, wire transfer (call for wiring instructions) and cash.

Buyer’s Premium: A buyer’s premium of $1,500.00 will be added to the final auction block price and shall become part of the total contract/deed price.

Buyer’s Premium Example:

Bid Price: $10,000,

Plus $1500.00 Buyer’s Premium:

Total Contract Price: $11,500.00

Online Bidding: Foxfire Realty has the sole authority to resolve any bidding disputes as they may arise. Auction End Time: This Foxfire Realty Online Real Estate Auction is a timed event and subject to extended bidding based on bidding activity “Dynamic Close”. Any bid placed within the final 10 minutes of the advertised auction end time will automatically reset the time remaining for the auction to 10 minutes. Foxfire Realty reserves the right to adjust the auto extension time period. Example: If an auction scheduled to end at 6:00 p.m. receives a bid at 5:59 p.m., the “Dynamic Close” auction auto extension is activated and nine (9) additional minutes are added to the auction. The close time of the auction automatically extends to 6:09 p.m. The “Dynamic Close” auto-extend feature remains active until no further bids are received on the entire group of tracts offered in this auction. Foxfire Realty reserves the right to adjust the auto extension time period. Bidder Verification: The identity of all bidders will be verified, bidding privileges are provisional, and if complete verification is not possible, Foxfire Realty reserves the right reject the registration, and bidding activity is subject to termination.

Condition of the PropertyPhysical Condition of the Property. Purchaser acknowledges that it has examined and inspected, and is satisfied with, the physical condition of the Property and the improvements thereon. PURCHASER EXPRESSLY AGREES THAT THE PROPERTY IS OR WILL BE SOLD “AS IS, WHERE IS, WITH ALL FAULTS”, WITHOUT ANY WARRANTY OR REPRESENTATION, EXPRESS, IMPLIED, OR ARISING BY OPERATION OF LAW, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTY OF CONDITION, AVAILABILITY OF MINERAL OR SUBSURFACE RIGHTS, HABITABILITY, MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, AND SUBJECT TO ORDINARY WEAR AND TEAR OCCURRING AFTER THE DATE HEREOF. Purchaser further acknowledges that neither Seller nor Auction Firm have made or extended to Purchaser any representation, warranty or indemnity with regard to the environmental condition of the Property or with regard to its compliance with the Americans with Disabilities Act of 1990, if applicable, and Purchaser hereby assumes sole responsibility therefore, indemnifies and agrees to hold Seller and Auction Firm, and each of their affiliates, agents, directors, employees and attorneys harmless from and waives any right, action, claim or cause of action it or its successors or assigns may have now or in the future against Seller and Auction Firm, and each of their affiliates, agents, directors, employees or attorneys with regard thereto. If the improvements on the Property are damaged after the date hereof but before settlement, Seller may (but shall not be obligated to) attempt to repair the improvements and, at Seller’s sole option, there shall be a reasonable extension of the settlement date in which Seller may attempt to complete the repair. If Seller notifies Purchaser that Seller does not intend to attempt repair, or if Seller attempts but is not successful in effecting repair and so notifies Purchaser, within ten (10) days of either such notification Purchaser shall either (I) terminate this Agreement, in which case Purchaser shall be entitled to the return of the Deposit and neither party shall have any further liability to the other, or (II) waive any objection to the damage and any right to reduce the Purchase Price, in which case Seller shall convey to Purchaser the Property with such damaged improvements as are then thereon and shall assign to Purchaser all of Seller’s right, title and interest to any insurance proceeds, if any, received or to be received in payment of damage to the improvements (but no other insurance proceeds, such as proceeds from damage to personal property).

The property is being sold “as is, where is” without any warranty or guarantee, except for a marketable title shall be furnished.

Personal Property:  NO PERSONAL PROPERTY IS BEING SOLD. Any personal property that remains after closing of the deed shall become the new owner’s sole responsibility to dispose of at their sole cost.

Settlement and Possession. Settlement shall take place on or before 45 days from Seller authorization at the offices of Purchaser’s attorney, who shall be the settlement agent in connection with this transaction for tax reporting purposes. Possession of the Property shall be delivered to Purchaser at settlement following payment of the Purchase Price, subject to the rights of tenants, if any. TIME IS OF THE ESSENCE AS TO THE COMPLETION OF SETTLEMENT.

Closing Costs: The Buyer will be responsible for paying ALL Closing costs associated with this transaction, regardless of what the local custom may be including the current year property taxes. The Buyer’s closing fees include the new deed preparation charge, document recording tax stamps, attorney closing fees, title inspection, recording fees, title insurance, insurance, overnight letters, etc. Annual real estate taxes will be prorated up to the date of closing.

Notice of Agency: The Auctioneer/Broker is acting as an agent for the Seller in this Transaction.

Default: If Purchaser defaults hereunder, Seller may retain the Deposit and may also pursue such remedies as are available to Seller at law or in equity, including, without limitation, an action for specific performance. If Seller defaults hereunder, Purchaser’s sole remedy shall be the return of the Deposit and the Purchaser expressly and unconditionally waives and releases any other claim, demand injury, or cause of action, whether at law or in equity. A termination of this Contract pursuant to the termination provisions set forth in sales agreement/contract paragraphs 4, 6, and 7, shall not be deemed to be a default of either party hereunder.

Miscellaneous: Except as set forth above, each party hereto represents that it has not involved any agent, broker, or finder in this transaction and agrees to indemnify, defend, and hold the other party and the Auction Firm harmless from any claim in connection therewith. The provisions of this Contract shall survive settlement. The parties hereto acknowledge that neither has relied upon any oral representation of the other or of the Auction Firm, that no such oral representation will affect in any way the terms of this Contract and that this Contract represents the final and complete understanding between the parties. This Contract cannot be modified or amended, and no waiver or any provision hereof shall be effective, unless in writing executed by the parties hereto. This Contract shall be construed, performed and enforced in accordance with the laws of the State of West Virginia without regard to the conflicts of law’s provisions of West Virginia law. Except as provided in the sales agreement/contract paragraphs 6 and 7, the risk of loss or taking shall remain with Seller until settlement. This Contract shall inure to the benefit of and will bind the parties hereto and their respective heirs, personal representatives, successors and assigns. Purchaser may NOT assign its rights under this Contract except by consent of the seller. However, any such assignment shall not release Purchaser from any liability hereunder the terms of this contract. This Contract may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same Contract. Notwithstanding any other provision of this Agreement, or any agreements, contracts or obligations that may derive here from, nothing herein shall be construed to make the parties hereto partners or joint ventures or to render either party liable for any of the debts or obligations of the other party, it being the intention of this Contract merely to create the relationship of seller and purchaser with regard to the Property. All parties to this Contract have been represented by counsel or have had the opportunity to be so represented. Accordingly, the rule of construction of contract language against the drafting party is hereby waived by both parties. If any provision of this Contract or the application thereof is deemed unenforceable for any reason, the remainder of this Contract shall not be affected thereby and shall remain in full force and effect. Notwithstanding any mention of specific acreage in any description of the Property, the parties hereby agree that the Property is being sold in gross and not by the acre.

The parties’ rights and obligations hereunder shall not be affected if a subsequent survey of the Property reveals a different acreage. TIME IS OF THE ESSENCE IN CONNECTION WITH THIS CONTRACT.

Legal proceedings, in the event of legal action the sole and exclusive venue shall be Greenbrier County, WV. All parties agree the time limit is within one year of the writing of this document.

Disclaimer: All information contained herein is believed to be correct to the best of the auctioneer’s knowledge. The information is being furnished to bidders for the bidder’s convenience and it is the responsibility of the bidders to determine that information contained herein is accurate and complete. Any reliance on the contents shall be solely at the recipient’s risk. Bidders must conduct and rely solely upon their own investigations and inspections. The property is being sold “AS IS” with any and all faults. Please review all information supplied and seek appropriate assistance prior to bidding.

Richard Grist broker, 1751 Auctioneer is licensed by the WV Dept. of Agriculture and bonded in favor of the state of West Virginia.

 FOXFIRE REALTY

1029 Washinton Street East, Lewisburg, WV 24901

Randy S. Burdette Lead Auctioneer

and Realtor WV 927

 

 

 

 

 

 PROPERTY 1 – LEWISBURG AUCTION

 

Directions: From Walmart take US Route 219 North past I-64 to the stoplight at the intersection of 219 and Brush Road aka Stone House Road. Turn right onto Brush Road aka Stone House Road travel 1.46 miles and bear left onto Anderson Road, then travel 0.4 miles turn left onto Ike Clark Circle. Travel 0.2 miles and the subject property is on the right.

 PROPERTY 2 – 519 4th Ave. Hinton, WV 25951

Click on any image to view larger.

Click on any image to view larger.

286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901
286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901
286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901
286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901
286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901
286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901
286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901
286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901
286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901
286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901 286 Ike Clark Circle Lewisburg WV 24901

Click on any image to view larger.

519 4th Ave Hinton WV 25951
Main room downstairs Main room downstairs Staircase in main room Kitchen view 519 4th Ave Hinton WV 25951
Great RR thermometer on front porch Main room downstairs Kitchen view Kitchen view Single full bath downstairs
Single full bath downstairs Kitchen view
Back porch Back porch Back yard
Back yard View from Back yard Basement entrance door in back of home Upstairs staircase
Street address 519 4th Ave Hinton WV 25951 519 4th Ave Hinton WV 25951
519 4th Ave Hinton WV 25951 519 4th Ave Hinton WV 25951

Riverbend Auctions

http://weselltheearth.com

P. O. Box 800 Alderson, WV 24910

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