PLEASE NOTE THE FOLLOWING:
Bidders/users must consent to terms and conditions before being granted access to the auction(s). A link to this information is found below.
A credit/debit card is required ONLY to verify identity of bidders. Buyers WILL NOT be charged UNLESS that option is chosen, however a credit preauthorization may be performed to determine buyer eligibility.
This property has a 5% BUYER'S PREMIUM. The FINAL PURCHASE PRICE will be the winning bid price plus 5% of the winning bid price (e.g. a $100,000 winning bid pays $5,000 buyer's premium for a FINAL PURCHASE PRICE of $105,000.00). The FINAL PURCHASE PRICE is the total amount to be paid by the buyer(s).
Winning bidders are required to take the following actions:
A. Execute an "Online Bidder Contract" either electronically or in person immediately at the close of the auction. Contract must be executed and returned immediately to the auction company. Failure to do so may result in disqualification of winning bids.
B. Pay a Holding Fee of $2500.00USD + a $100 transaction fee ($2600 total) via the credit card stored on account immediately after the auction. This non-refundable payment will be credited to the buyer's account. Failure to make this payment may result in the disqualification of a winning bid (i.e., if the card stored on your profile cannot be charged for $2600 your bid may be disqualified.)
C. Within 72 hours of close of auction, pay 10% of FINAL PURCHASE PRICE less $2,500 Holding Fee via wire, cash, or other guaranteed funds to the listing agents:
Greenways Real Estate & Auction, 201 W. Locust Street, Covington VA 24426.
Call 540.962.1155 or email email@example.com for wiring instructions
Back-Up Bids may be recognized if winning bidders failure to complete any of the required steps. Auction company will notify backup bidders when applicable.
Please Note: Buyers wishing to pay with a credit/debit card will be charged a 5% transaction fee. If payment by check is desired, the 5% transaction fee is automatically waived.
Questions about the property?
Call the listing agents at:
Questions about SmartBid?
Call Amy at: