Beach Home on Chesapeake Bay
Listing ID#: 116704
233 Foxwells Ln
Whitestone, VA 22578
|Sale Dates and Times|
Saturday May 6, 12:00 pm to 2:00 pm
Progressive Auction and Real Estate Co. LLC
Contact: Joe Joyner
EstateSale.com ID#: 6207
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|Listing Terms and Conditions|
Progressive Auction and Real Estate Co. LLC Terms and Conditions of Auction Terms: 10% down, non refundable, auction day certified check or cash. Personal checks accepted with letter of guarantee from bank. Balance due at closing within 30 days or Delivery of Deed by Seller. Buyers Premium: A 10% Buyer’s Premium will be added to the high bid to determine the purchase price of the property. Agent for the Seller: Progressive Auction and Real Estate Co. LLC is acting as agent for the Seller. Additional Conditions: 1. There are no minimum starting bids required for the property; however, Seller reserves the right to accept or reject all offers on the property. The auction shall be recorded, and if any dispute arises following the auction, the Auctioneer’s recorded records will be final in all respects. 2. Bidders are invited, urged, and cautioned to inspect the property as to any structural, hazardous, asbestos, or environmental conditions relating thereto prior to submitting a bid. Bidders are advised that houses built prior to 1978 may contain lead-based paint. The Auctioneer will assist bidders in obtaining any such authorizations that may be required in order to carry out any such inspections. Bidders shall be deemed to have relied solely on their own judgment in assessing the overall condition of all or any part of the property. The Auctioneer or his representatives, Seller, and his/her representatives, are offering this property AS IS, WHERE IS with all faults, without any warranty expressed or implied, of any kind or character, including without limitations, any warranty of habitability or fitness for a particular purpose. The Auctioneer makes no representation as to whether any parcel is classified as a buildable site. Seller and the Auctioneer and their agents shall not be liable for any damages, whether actual or direct or incidental, including without limitation, damages for loss of use or loss of income occurring by reason of the condition of such property. 3. Taxes, sizes and square footage set forth for the property are approximations only, based on best information available, but actual taxes, sizes and square footage may be different. 4. The Seller and Auctioneer have the right to withdraw the property, postpone or cancel the auction at their sole discretion without notice and to modify or add any terms and conditions either prior to or at the auction. 5. Persons buying in the name of Trusts, Partnerships, Corporations, or with a Power of Attorney must have the authorizing documents examined prior to the auction by a representative designated by the Seller. 6. Closing will be conducted by the Purchaser’s attorney and all costs legally chargeable to the Purchaser will be paid by the Purchaser. 7. This property is being offered for sale to purchasers without regard to prospective race, color, religion, sex, marital status, or national origin. PROPERTIES MAY BE ADDED OR DELETED UNTIL THE TIME OF SALE All information was obtained from sources deemed reliable. The Auctioneer and his agents will not be responsible for any errors or omissions herein. Oral representations cannot be relied upon as correct. However, announcements made on sale day take precedence over written matter. Conduct of the auction and increments of the sale shall be at the sole discretion of the Auctioneer. Click here to read the Property Disclaimer _____________________________________ ________________________________________ Signature Date
THE PERSONAL PROPERTY AUCTION PART OF THIS SALE HAS BEEN CANCELED UNTIL THE HOUSE IS SOLD.
This is a very nice 3540 sq. ft. beach home sitting on 1 ac. of land right on the Chesapeake Bay in the Whitestone area of Virginia. It is located off the main road that requires you to go down a lane and across a causeway to reach the property. The main part of the home is two story with three bedrooms, three and one half baths, large eatin kitchen, large great room, game room, dining room, and two gas log fireplaces. One is in the great room and the other is in the large bedroom upstairs. You can view the Chesapeake Bay from most of the rooms. The lagoon can be viewed from the other rooms. The rooms on the first and second floors are open for plenty of sleeping area and view. There is also another bedroom of of the kitchen with full bath. The home is on a crawl space with well and alternitive septic system. There is also a storage shed. There is plenty of room for parking. Great place for swiming, jet skying, boating, fishing, and just laying back to get a nice tan. There is plenty of beach you can walk in the mornings and evenings for exercise. The Rappahannock River is just a short distance away. There are several great points of interset in the surrounding areas. Plenty of good fishing and plenty of good restaurants to eat at.
We will be selling the home live on location on May 6th at 12:00 noon.
You will be able to bid on the real estate online up until the 5th of May at 3:00 p.m. on our site. The real estate does not have a set reserve price. The reserve price will be determined by the high bid offer from either the high bid offer or the high bid the day of the live auction. All bids will be presented to the sellers for consideration.
Review all terms and conditions for the online as well as the live auction on this auction site. We will be holding a open house on a Sunday before the live auction. Date to be announced.
There is a Pre Bid Instruction form as well as the Bid Form document included on this site. Email your completed Bid Form to email@example.com. We will then meet with the sellers and respond back to you.
1. By signing the pre bid form you are entering into a legal binding contract provided your bid be accepted.
2. The Sellers can either accept, counter, and or reject your bid offer.
3. If the Seller accepts your bid or there is a negotiation process that is finally accepted, you as the Buyer will be required to complete a legal binding
contract and submit a 10% deposit by wire transfer to an account set up
by Progressive Auction and Real Estate Co. LLC. The funds will remain
in the escrow account until such time, the property closes. Once the property
closes the auction co. will transfer the funds into their account as payment
of the Buyer Premium as referenced in the terms and conditions as well as
in the contract.
4. The buyer is required to close within thirty ( 30 ) days from the date of the contract.
5. The property is being sold in a AS IS, WHERE IS, and HOW IS
6. If you have any questions feel free to contact the auction company prior
to submitting a bid.
7. Once the contract has been signed by all parties a copy will be sent back to
you for your records.
8. Make sure you provide the name of the closing company, name of the person
handling the closing, their phone number, and their email address.
There is a space provided on page two of the contract for this information.
9. The auction co. will send a copy of the contract to the closing company with
2150 Armada Dr. Chesapeake, Virginia 23321
REAL ESTATE SEALED BID FORM
I/We are hereby submitting a bid of $_______________for the above listed property. I/We also agree to abide by the Terms and Conditions for this property as listed on our Company website. Provided the bid is accepted or another amount has been agreed to by the parties (Buyer’s/Sell’s), a 10% deposit will be submitted along with the auction sales contract within 48 hours of the acceptance of bid. The 10% deposit will be added to the bid price to determine the total sales price of the property. The 10% deposit will be held in the Auction Co.’s escrow account until the property closes.
By submitting a bid on the above property, you are hereby entering into a legal contract between you and the Auction Company and hereby agree to live by and honor all terms and conditions set forth by the Auction Company. All deposits will be made out to the Auction Company and will be delivered to the Auction Co. within the agreed to time limits. All bids are to be submitted to the Auction Co. on this form provided at: progressiveauctionsva.com
All bids will be submitted to the Seller (s) as they come in for consideration. The Seller (s) has the right to accept, reject, or to negotiate an acceptable price with the bidder. If your bid is accepted and you fail to close within the time limits as outlined in the Terms and Conditions your deposit is non-refundable and you will be subject to fulfilling the obligations as outlined in the Terms and Conditions. You must be at least 18 years of age or older and have the full to bid on the property as solely or as a representative of the bidding entity.
Progressive Auction Company is the exclusive representative of the Seller’s in the sale of this property.