Floyd County, VA

Absolute Auction

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100± Acres, Higgs Road, Willis, VA 24380

100± acres, Higgs Road, Willis, VA 24380

This could be your private country estate! Numerous excellent building sites, long range mountain views, good interior roads and trails, 750± ft. of state road frontage, mostly wooded, medium-size hardwoods. Prime for hunting and recreation! A stream runs at front corner and across Rt. 655 from property.

Boundaries shown on aerial photographs and topographical maps, which are provided by Auction Company as a courtesy to bidders, are approximate. Bidders should refer to the surveys provided in the Bidder Packet for boundary locations.

Documents

Survey
Title Commitment
Title Report & Notes
Broker Participation

Directions

From I-81 in Christiansburg, take Exit 114 and go south on Rt. 8. Follow 10.5 mi. and turn right on Alum Ridge Rd. Follow 5.1 mi. and turn right on White Rock Rd. Follow 5.2 mi. and turn left on Indian Valley Rd. (Rt. 787). Follow 1.5 mi., turn right on Higgs Rd (Rt. 655). Follow .5 mi. to property on right at gate with posted sign.
From Floyd, VA: At the intersection of Rt. 221 and Rt. 8, go south on Rt. 221 for 11.4 mi. Just past Willis, VA, go right on Indian Valley Rd. Continue 10.9 mi. and turn left on Higgs Rd. Follow .5 mi. to property on right at gate with posted sign.

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Click to view information on other properties

Broker Participation

Any broker actively licensed in the Commonwealth of Virginia whose agent properly registers the successful high bidder will be paid a two percent (2%) commission at settlement. Registration must be on a Woltz & Associates, Inc. Broker Participation Application form and contain the name, address and signature of agent and prospect as well as Broker’s license number and Federal Tax ID number. The form must be received in the office of Woltz & Associates, Inc. 24 hours prior to the sale. If prospect attends preview, agent must attend with prospect. Additionally, agent must attend sale and co-register with prospect on auction day. Only the first broker to register the high bidder will be paid a commission. Agents acting as principals, on behalf of licensed real estate agents, on behalf of family members, on behalf of entities in which they hold an ownership interest or who represent prospects who have had prior contact with seller or auction company are not eligible. Only one registered bidder per agent.

Terms and Conditions

REGISTRATION: Bids will be accepted only from registered bidders. Registration begins one hour prior to each sale. Please bring a driver’s license for identification.
AUCTION SALE: All property will be sold absolute to the high bidder. ALL SALES ARE FINAL: All property is auctioned “AS IS, WHERE IS” with all faults in its condition at the time of sale without recourse by way of refund, reduction of the purchase price, or otherwise. Bidders should perform such independent investigation with respect to the property as they deem necessary or appropriate.
FINANCING: Your bidding and purchase of the property is not conditional upon financing. Be sure you have arranged financing, if needed, and are capable of paying cash at closing.
LIABILITY: Bidders inspecting property enter at their own risk. Auction Company assumes no risk for bodily injury or damage to personal property.
BIDDING: Each property will be offered individually only. The auctioneer will determine all bid increments. All decisions by the auctioneer regarding bid acceptance are final.
ANNOUNCEMENTS: Announcements on day of sale take precedence over all prior releases, verbal and written, concerning this auction sale.
BUYER’S PREMIUM: The Buyer’s Premium on the real estate is 5% of the high bid amount. The Buyer’s Premium will be added to the high bid to determine the final sale price.
AGENCY: The Auction Company and its representatives represent the Seller.
LEAD PAINT: Some residential property in this auction was built prior to 1978 and may contain lead-based paint. A lead-paint inspection may be performed by bidders prior to the auction sale date. Applicable lead paint documents and information are available from Auction Company. Bidders will be provided a lead-paint disclosure prior to signing a real estate purchase agreement and agree to waive the ten (10) day right to inspection after the auction sale.
REAL ESTATE DEPOSIT: A deposit in the amount of ten percent (10%) of the contract sale price will be required on day of sale. The deposit is payable by cash, cashier’s check, or pre-approved personal check payable to Woltz & Associates, Inc. Escrow Account. Personal checks will be approved if the Buyer presents a bank letter stating that the Buyer is a customer of the bank and the checking account is in good standing.
REAL ESTATE DEED: The real estate will be conveyed by Special warranty deed free and clear of liens, subject, however, to any rights of way, easements and restrictions of record. The balance of the purchase price is due at settlement on or before Monday June 7, 2010.
BOUNDARY LINES: Boundaries on aerial photos and topo maps are approximate. Refer to survey for exact boundary locations.
GENERAL: The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, error, or omissions is assumed by the Seller or the Auction Company.

Contact

For more information, please contact Boyd Temple (VA# 1850).
Phone Number: (540) 342-3560 or 800-551-3588
Email: Boyd