SHEWEY VALLEY FARM AUCTION 241 +/- ACRES

Sold!

Wednesday, June 5, 2013 Sold in Multiparcels Sale Site: Wytheville Meeting Center

Agent Contact:
Richard Grist, 304.645.7674

241± ACRES OFFERED IN 14 TRACTS

Previews: Friday, May 24 and May 31 – Noon until 2 PM or preview at your leisure.

OUTSTANDING VIEWS
OPEN LAND
WOODED LAND
SPRING-FED STREAMS AND POND
ADJOINS JEFFERSON NATIONAL FOREST

Located in pastoral Shewey Valley in Bland County Virginia and sheltered by Brushy Mountain this 241± acre farm has much to offer. Here you will find well maintained pastureland, several springs, hardwood forests and a long shared boundary with the Jefferson National Forest. From the elevated ridges there are long views of the Shewey Valley and the surrounding mountains. The farm is easily accessed from I-77 and is in close proximity to the Appalachian Trail and Burkes Garden.

The farm will be offered in 14 tracts, ranging in size from 7.6± acres to 49.7± acres. Tracts 1, 2, 3, and 4 sell absolute, regardless of price!

Boundaries are Approximate

Tracts 1–4: ABSOLUTE. These tracts offer well-maintained pastureland and commanding views of Shewey Valley as well as a nice spring fed stream on tract 4. Tracts 1-4 Sell Regardless of Price!

Tracts 5–7: These tracts are mostly wooded with a very attractive spring fed pond on tract 6.

Tracts 8–14: Each of these tracts border National Forest and offer exceptional hunting and recreational potential. Tracts 11, 13 and 14 also have open pastureland.

TRACT ACREAGE (±)

1 – 49.671

2 – 15.575

3 – 11.376

4  – 16.936

5 – 7.688

6 – 13.705

7 – 12.537

8 – 12.757

9 – 13.191

10 – 12.525

11 – 24.585

12 – 20.033

13 – 12.751

14 – 17.782

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. by 12:00 noon on June 4, 2013. 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. Click for Broker Participation Form

AUCTION TERMS & CONDITIONS

REGISTRATION: Bids will be accepted only from registered bidders. Registration begins at 1:00 PM. Please bring a driver’s license for identification.

AUCTION SALE: Auction tracts 1-4 will be sold Absolute to the highest bidder. Tracts 5-14 will be sold subject to Seller Confirmation. 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: 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.

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 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 general 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 July 22, 2013.

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, errors, or omissions is assumed by the Seller or Auction Company.

Sale Site: Wytheville Meeting Center – 333 Community Boulevard

Wytheville, VA 24382.

Directions to sale site (Wytheville Meeting Center):

From I-81 North (Bristol/Abingdon): Take Exit 72 to I-77 Exit 41 (Peppers Ferry Road) to Community Boulevard, left turn in front of Comfort Suites.

From I-81 South/I-77 North (Roanoke or Hillsville/Galax): Take Exit 72 to I-77 Exit 41 (Peppers Ferry Road) to Community Boulevard, left turn in front of Comfort Suites.

From I-77 South (Bluefield): Take Exit 41 (Peppers Ferry Road) to Community Boulevard, left turn in front of Comfort Suites.

Auction held in cooperation with Woltz & Associates Inc. and Foxfire Realty, Lewisburg, WV

For more information, please contact Boyd Temple (VA# 1850) and Charlie Wade (VA# 3176)

Phone Number: (540) 342-3560 or 800-551-3588

REGIONAL INFORMATION

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Contact Foxfire

304.645.7674