North Carolina Real Estate Auction
OnLine Only House & Land Auction
Sally W. Edwards Estate (Living)
Goldsboro, North Carolina – Wayne County
3 bedroom, 1 1/2 bath Brick House w/ 2 Outbuildings
Location: 195 Belfast Avenue, Goldsboro, NC
Selling Regardless of Price Above Bid of
$29,500.oo !!
Tax Value = $74,070.oo
OnLine Bidding begins WED. – August 15th
Bidding ENDS Tuesday – August 28 @ 2:00pm
- 3 bedroom – 1 1/2 bath Brick House – Belfast Community
- 21 ft. x 24 ft. Detached Brick Shop / Garage
- Separate 3 bay Shed
- House features spacious den & dining area w/ fireplace
- Formal Living Room w/ 2nd fireplace
- Central Heat & basement
- Nice shade trees on 1/2 +/- Acre Lot
- Great Investment Property & Starter Home !!!
Deed Reference: Book 465, Page 374 & Estate File 093E-094
Tax Parcel ID # 3601238994
School Districts: Northeast Elementary
Norwayne Middle School
C. B. Aycock High School
Private Water – Public Water available
Private Sewer
Electrical Service by Progress Energy
Open House & Inspection:
Thursday – AUG. 16th – 3:00 PM to 6:00 PM
Tuesday – AUG. 21st – 3:00 PM to 6:00 PM
Sunday – AUG. 26th – 3:00 PM to 6:00 PM
For private appointment - Call House Auction Co. at 252-729-1162
House Auction Company, Inc.
PO Box 220, Marshallberg, NC 29553
252-729-1162
NCAL #7889 & #7435
North Carolina Real Estate Auction<br>
<br>
Sally W. Edwards Estate (Living)<br>
<br>
Wayne County, North Carolina<br>
<br>
195 Belfast Avenue, Goldsboro, NC 27530<br>
<br>
OnLine Bidding Begins – Sunday, August 12, 2012<br>
<br>
Bidding ENDS – Tuesday August 28, 2012 at 2:00 Eastern (subject to Extended Bidding)<br>
<br>
Auction Terms & Conditions<br>
<br>
Contract for Sale of Real Property: Each property is offered under the specific terms provided in the Contract for Sale of Real Property (“Sale Contract”). The Sale Contract for each property is available at www.HouseAuctionCompany.com. Click on “FILES” button located in the upper left on Auction Listing page to download and review the Sale Contract. Please read and review the Sale Contract thoroughly prior to bidding on any property. If you have not read and reviewed the Contract for Sale of Real Property, Do Not Bid. <br>
<br>
A credit card, Visa, MasterCard or Discover is required to register and bid. If you have questions or need help concerning Registration, please call House Auction Company, Inc. as soon as possible at 252-729-1162.<br>
<br>
Auction End Times: All House Auction Company Online Only Real Estate Auctions are timed events and subject to Extended Bidding due to bidding activity. House Auction Company, Inc. reserves the right to adjust the auto extension time period. <br>
<br>
Auto Extended Bidding Feature: House Auction Company Online Only Real Estate Auctions have an Auto Extend feature. Any bid placed on any property within 10 minutes of the auction ending will automatically extend the auction for 10 minutes from the time the bid is placed. <br>
<br>
Example: If an auction scheduled to end at 2:00 p.m. receives a bid at 1:59 p.m., the close time of the entire auction automatically extends to 2:09 p.m. The auto-extend feature remains active until no further bids are received on any property within the 10 minute time frame. House Auction Company, Inc. reserves the right to decrease and/or adjust the auto extension time period. <br>
<br>
Bidder Verification: The identity of all bidders will be verified, bidding rights are provisional, and if complete verification is not possible, House Auction Company, Inc. will reject the registration and bidding activity will be terminated for an unverified bidder.<br>
<br>
House Auction Company, Inc. has the sole authority to resolve any bidding disputes as they may arise.<br>
<br>
TERMS: At the close of the auction, the successful bidder(s) will be emailed a Sale Contract to be executed and returned to House Auction Company, Inc. within 48 hours of the close of the auction. The successful bidder will deposit 15% (fifteen percent) of the Contract Purchase Price with House Auction Company, Inc. in the form of cashier’s check, wire transfer, or guaranteed personal funds within 48 hours of the close of the auction. The entirety of the remaining balance is due at closing. Instructions for wire transfer and /or cashier’s check transmittal will be sent by e-mail to the successful bidder. Purchaser shall be responsible for all wire transfer fees.<br>
<br>
A 10 % Buyer’s Premium will be added to the bid price to determine the final contract purchase price.<br>
<br>
Buyer’s Premium Example: Bid Price: $100,000 - Plus 10% Buyer’s Premium: $10,000 – for a Total Contract Purchase Price of $110,000.<br>
<br>
Contract Documents will be sent by e-mail to the successful bidder, who must execute and fax or email back to House Auction Company, and deposit the earnest money deposit within 48 hours.<br>
<br>
Successful bidders not executing and returning their contract with earnest money deposit within 48 hours of receipt will be considered in default, and will be charged an Administrative Fee of $2,500.00 on the credit card provided at auction registration. Additional default remedies are reserved by House Auction Company, Inc. and the Seller as provided in the Auction Terms & Conditions and the Contract for Sale of Real Property. All Administrative Fees are non-refundable.<br>
<br>
We will also accept alternative bidding methods for qualified buyers, IF the buyer is not internet equipped AND provided the buyer makes appropriate arrangements with House Auction Company, Inc. NO LESS than 24 hours from the end of the auction.<br>
<br>
The property at 195 Belfast Avenue, Goldsboro, NC is selling to the highest bidder above the bid price of $29,500.oo. <br>
<br>
Seller will convey to the successful Purchaser good and marketable title to said properties by General Warranty Deed, free and clear of any liens.<br>
<br>
<br>
Closings: Time being of the essence, this sale shall be closed on or before Thursday, September 27, 2012. This sale will be closed by Mr. Jack Edwards - Attorney at Law at 668 N. Spence Avenue, Goldsboro, North Carolina 27534 - telephone 919-778-1333. Mr. Edwards will charge the Purchaser a closing fee of $400.00. This fee includes preliminary title opinion, conducting a cash closing, collecting and disbursing the funds, preparing a closing statement and recording the deed. This fee does not include the recording fee charged by the Register of Deeds. If the purchaser wants a written title opinion, title insurance, processing of any bank loan package, or other services, Mr. Edwards will provide them for a reasonable additional fee. The seller will pay for the General Warranty Deed and State of North Carolina documentary stamps. The purchaser will pay all other closing costs associated with this sale. <br>
<br>
Ad Valorem taxes will be prorated between Seller and Buyer as of the date of closing.<br>
<br>
Appliances: This sale excludes all personal property located on the property.<br>
<br>
Open House/Inspection: See the Auction Listing for this property at www.HouseAuctionCompany.com for the scheduled dates for Open House / Inspection. Please contact House Auction Company, Inc. at 252-729-1162 to arrange a private showing. <br>
<br>
Broker Participation: A Broker Participation Commission of 2% (two percent) of the bid price is available to properly registered brokers whose prospect (bidder) purchases real estate at the auction and closes in full. A Broker Participation Form with complete instructions is available at www.HouseAuctionCompany.com. Broker must be actively licensed in North Carolina and must register their prospect 24 hours prior to client submitting a bid, using the House Auction Company, Inc. Broker Participation Form and in accordance with the guidelines set forth. Neither House Auction Company, Inc. nor our sellers will pay any commissions to brokers acting as principles. Please read and follow guidelines.<br>
<br>
Agency Disclosure: In all transactions, the auctioneer is acting as agent for the Seller, not as buyer’s agent. At auctions with reserve, the seller and/or auctioneer reserves the right to bid. <br>
<br>
Special Note: The property is selling subject to easements, leases, restrictions, covenants, conditions, zoning and all other matters revealed by a current survey or an inspection of the property or contained in public records. <br>
<br>
Lead Paint: Structures built prior to 1978 may contain lead paint. Potential buyers will be allowed a ten (10) day period to test for such paint at their own expense prior to the auction.<br>
<br>
Disclaimer: House Auction Company, Inc., and the Seller have gathered this information from sources deemed reliable and believe it to be correct to the best of our knowledge. The information is being furnished to bidders for the bidder’s convenience and it is the responsibility of the bidder to determine that information contained herein is accurate and complete. Any reliance on the contents shall be solely at the recipient’s risk. Each bidder must conduct and rely solely upon their own investigation and inspection. The property is being sold “AS IS” with any and all faults. Please review all information supplied and seek appropriate assistance prior to bidding. <br>
<br>
NCAL #7889 & #7435
<br>
Sally W. Edwards Estate (Living)<br>
<br>
Wayne County, North Carolina<br>
<br>
195 Belfast Avenue, Goldsboro, NC 27530<br>
<br>
OnLine Bidding Begins – Sunday, August 12, 2012<br>
<br>
Bidding ENDS – Tuesday August 28, 2012 at 2:00 Eastern (subject to Extended Bidding)<br>
<br>
Auction Terms & Conditions<br>
<br>
Contract for Sale of Real Property: Each property is offered under the specific terms provided in the Contract for Sale of Real Property (“Sale Contract”). The Sale Contract for each property is available at www.HouseAuctionCompany.com. Click on “FILES” button located in the upper left on Auction Listing page to download and review the Sale Contract. Please read and review the Sale Contract thoroughly prior to bidding on any property. If you have not read and reviewed the Contract for Sale of Real Property, Do Not Bid. <br>
<br>
A credit card, Visa, MasterCard or Discover is required to register and bid. If you have questions or need help concerning Registration, please call House Auction Company, Inc. as soon as possible at 252-729-1162.<br>
<br>
Auction End Times: All House Auction Company Online Only Real Estate Auctions are timed events and subject to Extended Bidding due to bidding activity. House Auction Company, Inc. reserves the right to adjust the auto extension time period. <br>
<br>
Auto Extended Bidding Feature: House Auction Company Online Only Real Estate Auctions have an Auto Extend feature. Any bid placed on any property within 10 minutes of the auction ending will automatically extend the auction for 10 minutes from the time the bid is placed. <br>
<br>
Example: If an auction scheduled to end at 2:00 p.m. receives a bid at 1:59 p.m., the close time of the entire auction automatically extends to 2:09 p.m. The auto-extend feature remains active until no further bids are received on any property within the 10 minute time frame. House Auction Company, Inc. reserves the right to decrease and/or adjust the auto extension time period. <br>
<br>
Bidder Verification: The identity of all bidders will be verified, bidding rights are provisional, and if complete verification is not possible, House Auction Company, Inc. will reject the registration and bidding activity will be terminated for an unverified bidder.<br>
<br>
House Auction Company, Inc. has the sole authority to resolve any bidding disputes as they may arise.<br>
<br>
TERMS: At the close of the auction, the successful bidder(s) will be emailed a Sale Contract to be executed and returned to House Auction Company, Inc. within 48 hours of the close of the auction. The successful bidder will deposit 15% (fifteen percent) of the Contract Purchase Price with House Auction Company, Inc. in the form of cashier’s check, wire transfer, or guaranteed personal funds within 48 hours of the close of the auction. The entirety of the remaining balance is due at closing. Instructions for wire transfer and /or cashier’s check transmittal will be sent by e-mail to the successful bidder. Purchaser shall be responsible for all wire transfer fees.<br>
<br>
A 10 % Buyer’s Premium will be added to the bid price to determine the final contract purchase price.<br>
<br>
Buyer’s Premium Example: Bid Price: $100,000 - Plus 10% Buyer’s Premium: $10,000 – for a Total Contract Purchase Price of $110,000.<br>
<br>
Contract Documents will be sent by e-mail to the successful bidder, who must execute and fax or email back to House Auction Company, and deposit the earnest money deposit within 48 hours.<br>
<br>
Successful bidders not executing and returning their contract with earnest money deposit within 48 hours of receipt will be considered in default, and will be charged an Administrative Fee of $2,500.00 on the credit card provided at auction registration. Additional default remedies are reserved by House Auction Company, Inc. and the Seller as provided in the Auction Terms & Conditions and the Contract for Sale of Real Property. All Administrative Fees are non-refundable.<br>
<br>
We will also accept alternative bidding methods for qualified buyers, IF the buyer is not internet equipped AND provided the buyer makes appropriate arrangements with House Auction Company, Inc. NO LESS than 24 hours from the end of the auction.<br>
<br>
The property at 195 Belfast Avenue, Goldsboro, NC is selling to the highest bidder above the bid price of $29,500.oo. <br>
<br>
Seller will convey to the successful Purchaser good and marketable title to said properties by General Warranty Deed, free and clear of any liens.<br>
<br>
<br>
Closings: Time being of the essence, this sale shall be closed on or before Thursday, September 27, 2012. This sale will be closed by Mr. Jack Edwards - Attorney at Law at 668 N. Spence Avenue, Goldsboro, North Carolina 27534 - telephone 919-778-1333. Mr. Edwards will charge the Purchaser a closing fee of $400.00. This fee includes preliminary title opinion, conducting a cash closing, collecting and disbursing the funds, preparing a closing statement and recording the deed. This fee does not include the recording fee charged by the Register of Deeds. If the purchaser wants a written title opinion, title insurance, processing of any bank loan package, or other services, Mr. Edwards will provide them for a reasonable additional fee. The seller will pay for the General Warranty Deed and State of North Carolina documentary stamps. The purchaser will pay all other closing costs associated with this sale. <br>
<br>
Ad Valorem taxes will be prorated between Seller and Buyer as of the date of closing.<br>
<br>
Appliances: This sale excludes all personal property located on the property.<br>
<br>
Open House/Inspection: See the Auction Listing for this property at www.HouseAuctionCompany.com for the scheduled dates for Open House / Inspection. Please contact House Auction Company, Inc. at 252-729-1162 to arrange a private showing. <br>
<br>
Broker Participation: A Broker Participation Commission of 2% (two percent) of the bid price is available to properly registered brokers whose prospect (bidder) purchases real estate at the auction and closes in full. A Broker Participation Form with complete instructions is available at www.HouseAuctionCompany.com. Broker must be actively licensed in North Carolina and must register their prospect 24 hours prior to client submitting a bid, using the House Auction Company, Inc. Broker Participation Form and in accordance with the guidelines set forth. Neither House Auction Company, Inc. nor our sellers will pay any commissions to brokers acting as principles. Please read and follow guidelines.<br>
<br>
Agency Disclosure: In all transactions, the auctioneer is acting as agent for the Seller, not as buyer’s agent. At auctions with reserve, the seller and/or auctioneer reserves the right to bid. <br>
<br>
Special Note: The property is selling subject to easements, leases, restrictions, covenants, conditions, zoning and all other matters revealed by a current survey or an inspection of the property or contained in public records. <br>
<br>
Lead Paint: Structures built prior to 1978 may contain lead paint. Potential buyers will be allowed a ten (10) day period to test for such paint at their own expense prior to the auction.<br>
<br>
Disclaimer: House Auction Company, Inc., and the Seller have gathered this information from sources deemed reliable and believe it to be correct to the best of our knowledge. The information is being furnished to bidders for the bidder’s convenience and it is the responsibility of the bidder to determine that information contained herein is accurate and complete. Any reliance on the contents shall be solely at the recipient’s risk. Each bidder must conduct and rely solely upon their own investigation and inspection. The property is being sold “AS IS” with any and all faults. Please review all information supplied and seek appropriate assistance prior to bidding. <br>
<br>
NCAL #7889 & #7435