Bidding Terms and Conditions of Real Estate AuctionOnline Only AuctionAll announcements, updates, or modifications made by the Auctioneer prior to the close of bidding shall take precedence over any previously advertised material, oral statements, or printed information.Thank you for participating in this online auction event (the �Auction�). Please read these Terms & Conditions carefully. By registering and placing a bid, you agree to be bound by all conditions of sale outlined herein.Auction FirmJD�s Realty & Auction, LLC (hereinafter referred to as the �Auction Firm� or �Auctioneer�) is conducting this auction on behalf of the Sellers.The Auctioneer is also a partial owner of the property being offered for sale and is acting as both seller and auctioneer in this transaction.Property Ownership DisclosureThe property is jointly owned by the Sellers as tenants in common. One of the Sellers is also the Auctioneer conducting this sale.InspectionThe property is available for inspection by appointment. Prospective bidders are encouraged to conduct any and all inspections, investigations, and due diligence prior to bidding.Real estate agents may show the property to prospective buyers by scheduling an appointment with the Auction Firm and completing buyer registration requirements.RegistrationAll bidders must register with the Auction Firm prior to bidding. Online bidders must complete the online registration process and provide any requested identification or financial qualifications.By registering, bidders acknowledge that they have read, understand, and accept these Terms & Conditions.The Auction Firm reserves the right to deny bidding privileges to any person or entity at its sole discretion.AgencyThe Auction Firm and its agents represent the Sellers only in this transaction.Any cooperation with buyer agents or referring brokers is as a courtesy only and does not create an agency relationship with the buyer.Auction MethodThis auction is an online-only reserve auction and is subject to Seller confirmation.The Sellers reserve the right to accept or reject the final high bid.The Sellers also reserve the right to cancel, postpone, extend, or modify the auction at any time prior to the execution of a binding Purchase Agreement.Seller Bidding DisclosurePursuant to Virginia law, the Sellers and/or Auctioneer reserve the right to place bids on behalf of the Sellers up to the reserve amount.By registering and bidding, all bidders acknowledge and consent to such bidding activity.Contracts & DepositThe successful high bidder shall execute the Purchase Agreement and deliver a non-refundable earnest money deposit equal to ten percent (10%) of the high bid amount within twenty-four (24) hours following the conclusion of the auction.Deposits shall be made by wire transfer or certified funds payable as directed by the Auction Firm.Upon Seller confirmation and execution of the Purchase Agreement by all parties, the agreement shall become binding and may not be revoked except as expressly provided therein.Failure to timely execute documents or deliver the required deposit shall constitute default by the Buyer.Buyer�s PremiumA ten percent (10%) Buyer�s Premium will be added to the final high bid to determine the Total Purchase Price.Example:High Bid: $150,000Buyer�s Premium: $15,000Total Purchase Price: $165,000ClosingClosing shall occur on or before thirty (30) days following Seller confirmation unless otherwise agreed in writing by the parties.Time is of the essence.The Sellers shall convey marketable title by General Warranty Deed.Possession shall be granted at closing unless otherwise stated in the Purchase Agreement.The Buyer shall pay customary buyer closing costs, including recording fees and any lender-related expenses.Pre-Auction OffersThe Sellers reserve the right to accept a pre-auction offer prior to the close of bidding and may cancel or modify the auction at any time.ContingenciesThe sale is not contingent upon financing, appraisal, inspection, survey, or any other contingency.The property is being sold strictly AS-IS, WHERE-IS, with all faults.Condition of PropertyThe property is offered in its current condition with no warranties or guarantees expressed or implied by the Sellers or Auction Firm.Bidders are solely responsible for conducting their own independent inspections, investigations, and due diligence concerning the property prior to bidding.Lead-Based Paint DisclosureIf applicable, the successful bidder shall receive and acknowledge any required Lead-Based Paint Disclosure documentation in accordance with federal law.Technology DisclaimerJD�s Realty & Auction may utilize third-party bidding platforms or technology providers.The Auction Firm shall not be held liable for missed bids, delayed bids, technical malfunctions, internet outages, software errors, or platform failures beyond its control.Force MajeureThe Auction Firm and Sellers shall not be liable for delays or inability to perform due to acts of God, natural disasters, governmental actions, war, terrorism, pandemics, internet outages, or any causes beyond their reasonable control.Broker ParticipationA commission may be paid to properly registered and approved referring brokers, provided the broker:Registers the buyer with the Auction Firm prior to any contact between buyer and Auction FirmRemains actively involved through closingProvides a signed Buyer Representation Agreement upon requestAll broker participation arrangements are subject to prior written approval by the Auction Firm.High Bidder NotificationWinning bidders will be notified by email and/or telephone following Seller confirmation.Bidders are responsible for monitoring communications and timely fulfilling all contractual obligations.Jurisdiction & VenueThese Terms & Conditions and any related agreements shall be governed by the laws of the Commonwealth of Virginia.Any disputes arising from this auction or subsequent transaction shall be brought exclusively in the appropriate court located in Dickenson County, Virginia.Buyer BewareBy placing a bid, each bidder acknowledges that they have had the opportunity to inspect the property and are relying solely upon their own investigations and judgment.The property is being sold AS-IS, WHERE-IS, and AS-INSPECTED, with all faults and without representation or warranty of any kind except as may be expressly stated in the Purchase Agreement.Acceptance of TermsThese Terms & Conditions may not be modified except in writing by the Auction Firm.By registering and placing a bid, all bidders acknowledge that they have read, understood, and agreed to all Terms & Conditions of the Auction.

Deel Family Estate Auction, featuring a brick home situated on approximately 2 acres in the beautiful mountains of Southwest Virginia.This property has been part of the Deel family for decades and now offers a unique opportunity for buyers seeking a primary residence, investment property, renovation project, or peaceful mountain setting.Constructed in 1960, the home offers approximately 1,323 square feet with 3 bedrooms and 1 bathroom. One of the bedrooms is not heated and cooled. The property features brick construction, paved road frontage, public water, septic system, central heat & air, and a scenic country setting surrounded by the natural beauty of Dickenson County. Whether you are searching for a starter home, mountain retreat, rental investment, or property to renovate and personalize, this auction presents an excellent opportunity to purchase real estate in the heart of Appalachia.Property Highlights Approx. 2 Acres Brick Home 3 Bedrooms / 1 BathroomApprox. 1,323� Sq Ft Public Water Septic System Central Heat & Air Paved Road Frontage Beautiful Mountain Setting Open House Dates Sunday, June 7 at 2:00 PM Sunday, June 14 at 2:00 PM Auction Details Online Only Auction Auction Begins Closing: Thursday, June 25th at 7:00 PM 10% Buyer�s Premium Applies A property filled with memories and ready for its next chapter. VA Auctioneer License #2907004984