ABSOLUTE FORECLOSURE AUCTION
July 24th at 10:00 a.m. on site
Previews: July 10 and July 17 - 12:00 to 4:00 or by appointment
WYNDCREST SQUARE CONDOMINIUMS
WYNDHURST COMMUNITY
Commercial Condominium, Lynchburg, Virginia
Executive Unit #108
Tax Map # 250150018
Tax Assessed Value: $210,600.00
Built: 2006
Size: 1,440 sf
Zoned R-2C
Executive Office w/ Private Bath and Shower
3 Offices w/ Reception Area and Kitchenette
2 Bathrooms - Tile Floors
Pre-finished Hardwood Flooring
Public Utilities
Located at 101 Duncraig Drive, Lynchburg, Virginia
(just off Enterprise Drive)
Wyndcrest Square Condominiums
Located on the east side of Duncraig Drive in the City of Lynchburg. Within a five mile radius south of downtown Lynchburg in the Wyndcrest Community which is a new community and is considered to be a very advantageous location within the City.
Over 30 Businesses within walking distance
Restaurants, Boutiques, Banks, Cafes, Hair Salons, Delis, Coffee Shops, Galleries, Cleaners, YMCA Specialty Stores, Clothing Stores and many more.
Comparable Sales:
101 Duncraig Drive - Unit #105 7/2008 $175,000.00
101 Duncraig Drive - Unit #106 6/2008 $175,000.00
101 Duncraig Drive - Unit #103 1/2007 $225,000.00
101 Duncraig Drive - Unit #114 3/2007 $184,500.00
101 Duncraig Drive - Unit #107 1/2006 $182,500.00
Basic Terms and Conditions:
1. REGISTRATION: Bids accepted only from registered bidders. Bring driver’s license for identification. A Cashier’s Check in the amount of 10% of the high bid, is required for registration.
2. DEPOSIT: Each successful bidder will sign a Foreclosure Sale Agreement immediately following the falling of the hammer, and the Cashier’s Check in the amount of 10% of the high bid price, will be held by the Substitute Trustee and will be applied to the purchase price at closing. Deposits are non-refundable.
3. CLOSING: Closing to take place within 30 days of sale - Time will be of the Essence.
4. DEED: Property to be conveyed by Special Warranty Deed. Property being sold by Substitute Trustee, pursuant to terms of Deed of Trust.
5. “AS-IS”, “WHERE-IS”: Property will be sold “AS-IS”, “WHERE-IS”. Potential Buyers must perform such independent investigations with respect to property as they deem necessary to verify information provided by Auction Company or Substitute Trustee.
6. ANNOUNCEMENTS: Announcements made on the day of sale take precedence over all prior releases, both verbal and written, concerning this sale or properties.
7. WARRANTY: All information provided by Auction Company and Substitute Trustee is deemed reliable but is not warranted. The information contained in this brochure and any advertisements by Auction Company or Substitute Trustee are subject to verification by all parties relying on it. No liability for its accuracy, error or omission is assumed by the Auction Company and Substitute Trustee.
8. REPRESENTATION: Auction Company and its representatives represent the Seller.
9. BUYER’S PREMIUM: There is a 5% Buyer’s Premium in effect on day of sale. The Buyer’s Premium is added to the high bid amount, to determine the Contract Sales Price.
10. BID INCREMENTS: Auctioneer reserves the right to set bid increments.
