Park Auction Realty North Carolina Auctioneers

Thurs. June 9 2011 @ 4 PM – TWO (2) BANK OWNED ( REO ) PROPERTIES AUCTION IN BURLINGTON NC – GREAT OPPORTUNITY FOR INVESTORS, SPECULATORS, HOME BUYERS

June 7th, 2011 by Park

AUCTION 1 BEGINNING AT 4:00 PM - “UNDER CONTRACT” See Auction 2

THE FIRST PROPERTY IS LOCATED AT 1551 APPLE ST EXT IN BURLINGTON NC 27217.  THIS PROPERTY FEATURES ACREAGE OF 17.36 ACRES JUST BLOCKS AWAY FROM THE BURLINGTON CITY LIMIT.  THE PROPERTY FEATURES THE ACREAGE, OUTBUILDINGS, AND A LARGE POND ON THE PROPERTY.  THE HOUSE IS APP 1353 SQ FT, 2 BR 1 BA  WITH VINYL SIDING, GAS PACK HEAT AND CENTRAL AIR.  THERE IS CURRENTLY A PRIVATE WELL SUPPLYING WATER AND A SEPTIC TANK SYSTEM, HOWEVER, CITY WATER AND SEWER SERVICE IS AVAILABLE AT THE STREET.  THE EXISTING HOME IS IN NEED OF REPAIRS.  BID YOUR JUDGEMENT ON SALE DAY OR GIVE US A CALL AT PARK AUCTION AND REALTY, 336-263-3957 TO SCHEDULE A SHOWING OF THE PROPERTY OR IF YOU NEED ADDITIONAL INFO.

AUCTION 2 BEGINNING AT 5:00 PM

THE SECOND PROPERTY IS LOCATED AT 511 GILMER ST IN BURLINGTON NC 27215.  THIS PROPERTY FEATURES 2 OR 3 BRs ON THE MAIN LEVEL WITH 1 BA.  THERE ARE 2 FINISHED ROOMS ON THE SECOND LEVEL.  THE HOUSE HAS GAS PACK HEAT WITH CENTRAL AIR SERVING THE MAIN LEVEL BUT THE SECOND LEVEL DOES NOT HAVE HEATING OR COOLING.  THE HOME HAS APP 1192 SQ FT ON THE MAIN LEVEL WITH 396 ON THE SECOND LEVEL.  THE HOUSE HAS VINYL SIDING ON THE EXTERIOR.  THIS PROPERTY IS IN NEED OF SOME REPAIRS.  BID YOUR JUDGEMENT ON SALE DAY OR GIVE US A CALL AT PARK AUCTION AND REALTY, 336-263-3957 TO SCHEDULE A SHOWING OF THE PROPERTY OR IF YOU NEED ADDITIONAL INFO.

TERMS:  BOTH AUCTIONS WILL BE SUBJECT TO OWNER CONFIRMATION ON THE DAY OF SALE.  NEITHER PROPERTY WILL BE OPEN FOR ANY UPSET BID PERIOD.  A 5 PERCENT BUYERS PREMIUM WILL BE IN EFFECT AND WILL BE ADDED TO THE FINAL BID PRICE OF EACH PROPERTY.  THE SUCCESSFUL BIDDER ON EITHER PROPERTY WILL PAY A TEN PERCENT, NON-REFUNDABLE DEPOSIT UPON CONFIRMATION AND ACCEPTANCE OF BID PRICE.  THE OWNER OF THE PROPERTY WILL GUARANTEE GOOD TITLE TO THE PROPERTY.  EACH PROPERTY IS BEING SOLD IN “AS IS” CONDITION.  ANY INSPECTIONS OF THE PROPERTY WILL BE THE RESPONSIBILITY OF THE PURCHASHER.  GIVE US A CALL AT 336-263-3957 FOR ADDITIONAL INFO OR TO SCHEDULE A SHOWING.

 

Share

Posted in Auctions, Real Estate, Real Estate (All), Residential Property

Leave a Comment

Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.