14 Parcels

HALIFAX COUNTY TAX AUCTION - 11/03/23 to 11/17/23

This auction will be a timed to live auction from Friday, November 3rd, 2023 through Friday, November 17th, 2023. The live auction will take place at the Mary Bethune Office Complex, 1030 Cowford Rd., RM # 201, Halifax, VA 24558 at 11:00 AM.

This auction is subject to auto-extend bidding.

Online Bidding will run simultaneously with the Live Auction!

There is a 10% buyer's premium.

Judicial Parcels - Lots 1-6

Deposits of 20% or $2,000 (whichever is greater) and 10% buyer's premium is required within five (5) days following the date of sale.

Balance is due within fifteen (15) days of the confirmation of the sale by the Court by certified check.

All payments must be made by wire transfer, cash, good check, bank certified check or money order. Time is of the essence.

Deposits/Payments will be made with the Special Commissioner, N. Reid Broughton, Esq. at P.O. Box 2009 Christiansburg, VA 24068. 

Nonjudicial Parcels - Lots 7-14

High bid amount, 15% buyers premium, and deed recordation is due by Wednesday, November 29, 2023 at 5:00 pm.

Payments will be made with the Special Commissioner, N. Reid Broughton, Esq. at P.O. Box 2009 Christiansburg, VA 24068. 

**Note - If you are still pending approval after 11.03.23 at 10:00 AM, please call our office at 757-538-0123**

TERMS & CONDITIONS

ALL PROPERTIES ARE SOLD FREE AND CLEAR OF LEINS & ENCUMBRANCES

TERMS AND CONDITIONS OF SALE

Title.  Title shall be conveyed by deed with special warranty of title, subject to any easements and covenants of record, and rights of persons in possession.  Buyer shall pay all recording costs.

Title Insurance. Title insurance may be obtained from a third-party vendor.  Seller does not provide, and does not assist with, obtaining title insurance, and does not guaranty insurable title.    

Liens.  Judicial sales are free and clear of all liens.  Non-judicial sales are subject to liens of record, if any.  

Purchase Contract. Your successful bid creates a legal and binding contract including these terms and conditions. A written purchase contract incorporating these terms and conditions and specifying the property and the price will be provided to the Buyer following the sale and must be immediately signed and returned. 

Buyer’s Premium. For judicial a buyer's premium of 10% and non-judicial sales a buyer’s premium of fifteen percent (15%) will be added to the highest bid and shall be paid by the successful bidder as part of the total purchase price.

Payment - Judicial. For judicial sales, Buyer must pay a deposit of twenty percent (20%) of the Price or $2,000.00, whichever is more, within five (5) business days following the Date of Sale. Judicial sales are subject to confirmation, and the balance will be due within fifteen (15) days of confirmation of the sale. 

Payment – Non-Judicial. For non-judicial sales, Buyer must pay the Price plus recording costs within five (5) business days following the Date of Sale. 

Payments. All payments must be made in the form of wire transfer, cash, good check, bank certified check or money order.  Time is of the essence.

Default.  If Buyer defaults, all amounts paid will be forfeited, and Buyer will be responsible for any deficiency upon resale and any costs or expenses that may be incurred, including attorney fees. 

Approval. All sales are subject to approval of the Court or the Treasurer/Finance Director of the locality. The former owner(s) of the Property may, under certain circumstances, for good cause shown, within ninety (90) days from entry of a decree of confirmation, petition the Court to have the case reheard, and the sale shall be subject to the determination of the Court.  The Seller has the right to cancel any sale at any time, and Buyer's sole remedy will be the return of the amount paid by the Buyer.

Condition. THE PROPERTY AND ALL IMPROVEMENTS ARE TRANSFERRED AND CONVEYED "AS IS," "WHERE IS," "IF IS," AND "WITH ALL FAULTS."  Seller has not made, does not make, and hereby disclaims any and all representations, warranties, promises, covenants, agreements or guaranties of any kind or character whatsoever, whether express or implied, oral or written, past, present or future, of, as to, concerning or with respect to (i) the existence, title, value, nature, quality or condition of the Property; (ii) the income to be derived from the Property; (iii) the suitability of the Property for any and all activities and uses which Buyer may conduct thereon; (iv) the compliance of or by the Property or its operations with any laws, rules, ordinances or regulations of any applicable governmental authority or body; (v) the habitability, merchantability, marketability, profitability or fitness for a particular purpose of the Property; (vi) the manner or quality of the construction or materials, if any, incorporated into the Property; (vii) compliance with any environmental protection, pollution or land use, laws, rules, regulations, orders or requirements, including the disposal or existence in or on the Property of any hazardous materials as defined by local, state or federal agencies, laws and regulations relating to hazardous substances, toxic wastes and underground storage tanks; (viii) the accuracy of legal description(s) or tax parcel numbers; and (ix) any other matter with respect to the Property.  Buyer acknowledges that no such representations or warranties, express or implied, have been made.  

Remedies.  IN ANY MATTER ARISING FROM OR RELATED TO THE SALE OR THE PROPERTY, INCLUDING WITHOUT LIMITATION THE RESCISSION OF THE DEED, BUYER'S DAMAGES ARE LIMITED TO THE RECOVERY OF THE PRICE PAID BY THE BUYER. BUYER SHALL NOT BE ENTITLED TO ANY SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES UNDER ANY CIRCUMSTANCES. The terms of this section shall survive closing and the delivery of the deed and any other instruments of transfer or any termination of the Contract.

Possession.  Buyer is solely responsible for taking possession of the Property and removing or obtaining title to any personal property on the Property, including manufactured homes that are not part of the real estate, trailers, vehicles, etc. Seller will not assist with this process.  

Taxes; Risk of Loss; Insurance. Buyer is responsible for real estate taxes on the Property from the date of the auction.  The risk of loss or damage by fire or other casualty is on Buyer.  Buyer may insure the Property if Buyer chooses to do so.   Buyer shall be required to close and pay the Price regardless of any damage or change in condition of the Property.

Patriot Act. Buyer represents and warrants that, to the best of its knowledge after due inquiry and investigation, all funds paid by Buyer are derived from legitimate business activities within the United States of America and/or from loans from a banking or financial institution chartered or organized within the United States of America, and that Buyer is not subject to sanctions of the United States of America or in violation of any federal, state, municipal or local laws, statutes, codes, ordinances, orders, decrees, rules or regulations relating to terrorism or money laundering, including, without limitation, Executive Order No. 13224 on Terrorist Financing, effective September 24, 2001, and the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 (Public Law 107-56). 

Miscellaneous. Buyer shall pay all closing and recording costs. The contract may not be assigned without the prior written consent of Seller. Seller is entitled to recover from Buyer reasonable attorneys’ fees incurred to enforce the contract.