1.5 Acres with House & Commercial Building in Floyd VA for Sale at Auction!

Personal Property to be sold Saturday October 8th immediately after the real estate sale at 10 AM.

This Portion of Sale is Live Only.

Large collection of local handmade and primitive cupboards, chests, tables, stools; Plus, antique lamps, clocks, twisted metal ice cream parlor chairs, antique player piano, roll top desk, wicker sofa & matching chair, bamboo sofa & 2 matching lounge chairs, numerous handmade stools, 3 organ stools with glass ball feet, several oil paintings, shadow box frames, side tables, plant stands, dough tray, wall telephone. Old license tags from 1930 – 1964 –Several sets 1963 tags in sequence, old church pews, approx. 80 wood folding chairs, approx. 60 folding metal chairs, 46” flat screen TV, queen anne sofa & matching chair, early local primitives, 2001 Ford Taurus SES station wagon, flat wall cupboards, corner cupboard, 2 tin pie safe, local 12 pane (old glass) step back cupboard (burl maple & cherry), wash stand, 4 drawer chests, local primitive chest (burl maple & cherry), 18 hokie benches, many more primitive & antique furniture items too numerous to mention.

For a full explanation of the Terms and Conditions for this Auction, you may download the Bidder Packet which also has property information, and maps. Real Estate will be sold Absolute regardless of price, which means there is no reserve. Winning bidder(s) will be required to make a 10% Earnest Money Deposit, Sign a Real Estate Purchase Contract, and Close on Property within 30 days. A 10% Buyer’s Premium will be added to winning bid(s) to arrive at final contract price. For Example, if a winning bid were $100,000 then the final contract price would be $110,000. Using the same example, $11,000 would be made for an Earnest Money Deposit.

ONLINE BIDDER REGISTRATION Online Bidders will be required to send certified funds in the amount of $5,000.00 USD to the Auction Company immediately after they register online. This deposit will be held in Auction Company’s Escrow Account. Deposit will be applied to purchase price if Online Bidder is a winning bidder. Deposit will be returned to Online Bidder if they are not a winning bidder.

OFFERING AND GROUPING – Each Tract, Tracts # 1 through # 4 will be offered individually first in the order determined by Auctioneer. Grouping will be offered with a 5% increase. For example, if the sum of all four tracts equals $500,000 then the starting bid for all four tracts will be $525,000. In order to group and bid on any combination of groupings, a bidder must be the high bidder on at least one tract. Grouping will not be allowed where an upset bid takes a single tract from another bidder leaving a bidder with only a portion of what they are the high bidder on. Grouping requests will need to include all tracts of another high bidder. For example, if Bidder # 1 groups Tracts # 1 and # 2, Bidder # 2 will not be able to group Tracts # 2 and # 3 only. Bidder # 2 will be required to group Tracts #1, #2, and #3 so that Bidder # 1 will not be left with Tract # 1 only. Groupings will not be available online. Winning Online Bidder(s) who wish to group or combine tracts will need to proxy bid by phone during grouping segment of auction because the online bid platform will not be active for grouping.