Clarke County Sale of Tax Delinquent Real Estate

TERMS OF SALE

NOTICE: SPECIAL COMMISSIONER’S SALE OF REAL ESTATE

Pursuant to the terms of those certain Decrees of Sale from the Circuit Court of Clarke County, Virginia, the undersigned Special Commissioner will offer for sale at public auction, subject to the following terms and conditions.

TERMS OF SALE: All sales are subject to the approval of the Circuit Court. A 10% Buyer’s Premium will be added to the highest bid and will become a part of the total sales price on each property. The highest bidder shall deposit ten percent (10%) of the total sales price with the Special Commissioner by close of business on Tuesday, August 30, 2022, by either wire transfer or good check, which sum shall be credited toward the purchase price. The balance of the purchase price, by either wire transfer or certified funds, shall be deposited with Margaret F. Hardy, Special Commissioner, within fifteen (15) days of Court confirmation. TIME IS OF THE ESSENCE. All properties will be conveyed by Special Warranty Deed, subject to any easements and covenants of record, and any rights of persons in possession. Interested parties may go upon the UNIMPROVED real estate for the purpose of making an inspection. Terms of Sale stated online and in the Purchaser's Acknowledgment and Contract of Sale take precedence over any prior written or verbal terms of sale.

The auction will be conducted online only which will end on Tuesday, August 23, 2022, at 11:00 a.m. (EST). Please visit bid.forsaleatauction.biz to register, or call the auction company at 540-899-1776, for more information or to bid on these properties. If interested bidders are unable to participate online, please call for assistance in placing your bids.

Margaret F. Hardy, Special Commissioner Sands Anderson PC

Post Office Box 907 Fredericksburg, VA 22404-0907 www.sandsanderson.com

GENERAL TERMS OF SALE: All sales are subject to confirmation by the Circuit Court of the County of Clarke. In the event a sale is not confirmed by the Circuit Court, be redeemed by the landowner, or have the sale reheard and found in favor of the landowner, the purchaser's sole remedy shall be return of any amounts paid by the purchaser towards the purchase of the parcel(s). All properties are conveyed by Special Warranty Deed, subject to any easements, covenants, or conditions of record, and any rights of persons in possession, but free and clear of judgment liens and deeds of trust. Properties are offered for sale as-is, where is, without any representations or warranties, either expressed or implied. A property may not have a right-of-way to a public road. Properties are sold in gross and not by the acre. The purchaser understands that the former owner of the parcel(s) may for good cause shown, within ninety (90) days from the entry of the sale confirmation in this matter, petition the Court to have this sale reheard. The highest bidder will be responsible for taxes beginning October 1, 2022 going forward.

The information shown, including any maps, is derived from public records that are constantly undergoing change and do not replace a site survey or inspection. There is no warranty as to the accuracy of the visual maps, nor is the information contained therein a legal representation of any of the features of the property which it depicts. Persons are encouraged to make a visual inspection of the property within the limits of the law and to obtain an independent title search prior to bidding on any of the properties. Bidders are strongly encouraged to make their own inspection to determine the suitableness of the property and it is assumed that all bidders will perform due diligence prior to the day of the auction. Any costs incurred by the bidder to inspect the property are at the expense of the bidder and are non- refundable.

There will be a 10% buyer’s premium added to the final bid to determine the “total sales price”. Please consider the buyer’s premium when placing your bids. The highest bidder shall deposit 10% of the total sales price, by either wire, cash, or good check, which sum shall be credited toward the purchase price at closing. The balance of the purchase price, by wire, cash or certified funds, shall be deposited with the Special Commissioner within 15 days of Court confirmation. TIME IS OF THE ESSENCE. Recording costs for deed recordation will be the responsibility of the successful bidder and will be due with the balance of the purchase price within fifteen (15) days of confirmation of sale by the Court. All interested parties must register and be approved by the Auction Firm. Registration and bidding are free of charge and are done through the Auction Firm’s website at Bid.ForSaleAtAuction.Biz. If any interested bidders wish to bid on a property, but do not have access to the internet, please contact the auction company at (540) 899-1776 for assistance. The highest bidder will receive their purchase contract and payment instructions via email by the close of the business following the auction. The contract shall immediately be executed and returned to Sands Anderson. The deposit must be received within five (5) business days following the auction closing (no later than Tuesday, August 30, 2022 at 11:00 a.m., EST). TIME IS OF THE ESSENCE. All payments must be made in the form of cash, good check, certified funds, cashier’s check, money order or wire transfer. The Special Commissioner's office will provide instructions on how to tender your deposit. Wire transfer instructions will be provided to the highest bidder upon request.

GENERAL TERMS OF SALE: The sale of property to the highest bidder is not contingent upon obtaining financing. Financing, if needed, is the sole responsibility of the high bidder. By bidding, parties are entering into a legally binding contract, waive all rescission rights, and understand that their bid is immediately binding, irrevocable, and enforceable. Additionally, by bidding, parties are representing that they have read, and agree to be bound by, all terms and conditions for this sale. If the purchaser fails to complete the transaction for ANY reason, their deposit will be forfeited and they may be held responsible for any deficiency in price upon resale, and the costs of resale, among any other remedies allowed by law. In addition, any high bidder who fails to fulfill their contractual obligations will be banned from bidding at ALL future auctions conducted by this Auction Firm.

*Online Bidding Information, Further Terms, and Explanations*

Thank you for your interest in this Online-Only, or Simulcast, Auction of tax delinquent real estate being conducted by For Sale At Auction, at the request of the Special Commissioner appointed by the Circuit Court of the County of Clarke. This auction and conveyance of these properties shall be governed by, and your online registration indicates each bidder’s agreement with: the “NOTICE OF SALE OF REAL PROPERTY”; Purchase Agreement/Contract, and the non-negotiable Terms of Sale provided herein.

In order to bid online for this auction, all bidders must be registered with For Sale At Auction through our Bidding Application (available at the Apple App Store and Google Play - just search “For Sale At Auction”), or through our website at Bid.ForSaleAtAuction.Biz. There is no fee to create your account. Registration requires a two-step process that: 1. Creates your account with username and password and: 2. Requires a registration form specifically for this auction which requires including a copy of a government issued I.D (Driver’s License, Military I.D., etc.). Once both registration steps are complete, the Auction Firm will manually approve your bidder status and you’ll be ready to place your bids. By bidding, you are representing to the Special Commissioner and Auction Firm that you have read, and agree to be bound by, all Terms and Conditions for this sale as stated herein. DO NOT BID unless you have read, and agree to be bound by, ALL of these non-negotiable Terms of Sale.

FUNCTIONALITY OF THE AUCTION BIDDING APP: This online-only auction is controlled by our auction app software. The Auction Firm is not responsible for software functionality or lack thereof, internet malfunctions or connectivity issues, and/or bidding application or systems errors which could cause a bid to fail to be recognized, fail to successfully register an interested bidder, or recognize their bid. In the event of any bidding platform errors and/or related issues, the property could sell to the previous high bidder of record. There is no recourse, or remedy, implied or offered, to any online Bidders in the event of any aforementioned “issues”.