Global Auction Guide

Jul 23, 2009 - 6

3 Homes, 3 Mobile Homes & 4 Vacant Residential Lots

Thursday, July 23, 2009 – 6 p.m.

Richmond County, NC

Properties 1 – 7 Sell ABSOLUTE

Auction Location: Iron Horse Auction Co. Sales Facility, 174 Airport Road, Rockingham, NC.  From the intersection of US Highway 74 & US Highway 1, travel south 2 blocks, turn east on Caroline Street, Sales Facility is ¼ mile on right. Watch for signs.

Property 1 – Vacant Lot in Peachview Estates on Highway 381, Hamlet, NC

Property 2 – Vacant Lot in Peachview Estates on Highway 381 & Peachview Drive, Hamlet, NC

Property 3 – Vacant Lot in Peachview Estates on Peachview Drive, Hamlet, NC. Set up for Mobile Home, Power Pole & Septic Tank in place.

Property 4 – Vacant Lot in Peachview Estates on Peachview Drive, Hamlet, NC. Set up for Mobile Home, Power Pole & Septic Tank in place.

Property 5 – Doublewide Mobile Home & Lot in Peachview Estates at 108 Plum Tree Drive, Hamlet, NC. Mobile Home has 3 Bedrooms, 2 Baths & is Currently Rented for $500-$550 per month.

Property 6 – Singlewide Mobile Home & Lot in Peachview Estates at 109 Plum Tree Drive, Hamlet, NC. Mobile Home has 2 Bedrooms, 2 Baths, has Shaded Lot & is Currently Rented for $400 per month.

Property 7 – Singlewide Mobile Home & Lot in Peachview Estates at 115 Plum Tree Lane, Hamlet, NC. Mobile Home has 3 Bedrooms, 2 Baths & is Currently Rented for $400-$475 per month.

Property 8 – House & Lot at 138 Center Street, Cordova, NC. 2 Bedroom, 1 Bath Home with Gas Pac Heating, Metal Storage Building, Fenced yard, Recently Remodeled, Home is Vacant.

Property 9 – House & Lot at 268 Ledbetter Street, Cordova, NC. 1 Bedroom, 1 Bath Home with Outbuilding & Currently Rented for $325 per month. 

Property 10 – House & Lot at 273 Ledbetter Street, Cordova, NC. 3 Bedroom, 2 Bath Home with Guest House in Back, Fenced yard & is Currently Rented for $550 per month.

Inspections: Wednesday, July 8; Wednesday, July 15 & Thursday, July 23 from 1 p.m. – 4 p.m. Agent will be located on Property 8 (138 Center Street). All other properties are occupied but will be available for veiwing on specific inspection days.

Terms: A $2,500.00 cashier’s check, made payable to yourself, is required to register and bid at the auction. A deposit of 20% of the final auction sales price is due at the auction by cash or check. The $2,500.00 cashier’s check collected at registration will be applied to the deposit with the remaining amount payable by cash or check. In the event the registered bidder does not purchase anything at the auction, the registered bidder’s cashier’s check will be returned at the end of the auction. A 7% buyer’s premium will apply. Disclaimer & Lead Paint – Homes built prior to 1978 may contain lead based paint. Buyers have the option to test for lead based paint at the buyer’s expense prior to the auction. Conditions – All information contained herein is deemed to be from reliable sources. However, neither the Auctioneer nor the Seller guarantees this information to be correct. We reserve the right to add or delete. Please inspect the property and bid accordingly. The Auctioneer represents the Seller in this transaction.

PO Box 1267-Rockingham, NC 28380

800-997-2248 – NCAL 3936