REAL ESTATE AUCTIONResidential Home | 21 Ac.+/- | Private Pond2810 Summerow Road ~ Lincolnton NC 28092Auction Day: Saturday February 21 ~ 12 NoonInspection: February 15 from 3pm -5pm or by calling AuctioneerAttention home buyers, investors, Realtors . . .Gates Real Estate and Auction has been selected by the Executrix of the Sue Moose Campbell Estate (deceased) and in conjunction with Pam Pearson of All Points Real Estate (704) 473-2443 to offer at public auction a residential house on 21 acres +/- & pond in Lincolnton NC. This is your chance to bid on this unique property at public auction!Although potential buyers may want to update the interior, buyers will appreciate the solid structure built in 1968 featuring over 1300 square feet of living space, three bedrooms, one bath, two car carport, full basement with rear access, heat pump, dining room, stove, dishwasher, brick veneer, vinyl siding.The house is nestled on over 21 acres of land with private pond, mature hardwoods, perfect for hunting, fishing, atv's, outdoor adventures, horses and more.Property is located approximately 30 miles NW of Charlotte NC and adjacent to Hwy. 321 giving highway access to I-85, I-40, I-77, I-485 placing you two hours to the Great Smokey Mountains and four hours to Myrtle Beach, SC. Real Estate Disclosure It is the responsibility of all potential buyer/s, buyer's agents to inspect property and determine for themselves the accuracy of information given that is deemed to be true and accurate but not guaranteed and thus bid accordingly relying solely upon their own findings or by inspection by qualified inspectors or contractors hired by and paid for by buyer. Buyers may make inspections prior to the auction. However, sale of the property is not contingent upon inspection results or ability to obtain a loan in order to purchase. United Country Gates Realty And Auction represents the owner as a seller's agent. Buyer may purchase title insurance at closing.Real Estate Terms And ConditionsThe successful buyer/s shall sign an auction purchase agreement and present a non-refundable deposit amount equal to 10% of total contract price in US dollars immediately following the auction along with an irrevocable letter of credit of financial ability to cover the deposit and the balance of purchase price in cash from the buyer/s bank or financial institution. A 10% Buyers Premium applies to final accepted bid for onsite bidders and 11% Buyers Premium for online bidders. Total contract price is obtained by multiplying the accepted bid times the 10% or 11% Buyers Premium.Purchase of real estate is not contingent upon obtaining a loan.The deposit shall be placed in escrow with United Country Gates Realty and Auction, Lincolnton, NC. Balance of total purchase price due within 30 days of auction day or at closing by cash equivalent.The property is offered As Is, Where Is with no warranties implied or expressed by the owner or United Country Gates Realty And Auction. All disclosures shall be provided to the buyers.Closing costsSeller/estate shall pay for the deed preparation, revenue stamps and pro-rated taxes for year ending 2015. Buyer shall pay for pro-rated taxes for year ending 2015, closing representation, attorney, title insurance, inspections or any other costs relating to the closing of the transaction.Buyer Registration TermsAll interested parties wishing to bid on this property shall provide an irrevocable bank letter of credit or guarantee from the buyer/s bank or financial institution at time of registration or prior to auction, guaranteeing an amount adequate enough to cover down payment and full purchase price of property in cash.Broker ParticipationA commission shall be paid to any agent with a valid, active NC real estate license representing the successful high bidder that closes on the property according to auction terms and conditions. Property must close. In order to be compensated, buyer's agents must provide the NC Buyer's Agent representati
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