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Terms of Sale
The terms of the sale shall be cash, or in the alternative, a down payment of not less than 20% of the successful bid price for properties sold for more than $3,000.00 by cash or certified check payable to David, Kamp & Frank, LLC, with the balance due in ten (10) days, also by cash or certified check to the Special Commissioner at the office of David, Kamp & Frank, LLC, 739 Thimble Shoals Blvd., Ste. 105, Newport News, VA 23606. High Bids of $3,000.00 or less, will require full payment on the date the auction closes online. All real estate shall be sold, “AS IS,” in gross and not by the acre, and subject to, without limitations, restrictions, conditions, easements, liens or encumbrances of record, possible rights of parties in possession, encroachments, overlaps, gaps and gores, deficiencies in quantity, all question of boundaries, location and acreage which a current and accurate survey would disclose, roadways, environmental and wetland matters, unrecorded easements, matters which would be disclosed by an inspection of the premises, or any other matter of record or not of record. Real estate sold through the judicial sale process will be sold free of all claims of any creditor, person or entity pursuant to Virginia Code §58.1-3967. et seq. Before the Special Commissioner delivers a special warranty deed to the successful bidder, they shall report the result of the sale to the Southampton County Circuit Court for confirmation. All sales shall be subject to confirmation by the Court. A complete set of terms and conditions for this auction will be posted at www.vaauctionco.com and will govern the terms of this auction.