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EXPIRED - FINAL BID - $41,000.00 - House in Kenly, NC
This auction is of a nice little brick home located in Kenly, NC at 502 S. Alford Street. This property is being sold in the Estate of Charlie Neil Edwards.
The live auction for this property was held on MArch 13,2019. The high bid from the live auction has been filed with the Johnston County Clerk of Court's Office where is is currently in a (10) day upset or bod raise period. To raise thid bid, you must do so in person at the Johnsston County Courthouse.THE CURRENT BID AMOUNT WAS $41,000.00
THE FINAL UPSET BID PERIOD ENDED ON MARCH 25, 2019 AT 5:00PM
FILE NUMBER 18-SP-549
502 S. Alford Street, Kenly NC
PARCEL 1 (House parcel)
PARCEL 2 (Vacant Lot)
BOTH PARCELS SOLD TOGETHER
TERMS – This sale is being conducted in the Matter and/or the Estate of Charlie Neil Edwards. The property is being sold “FREE AND CLEAR” of all liens, or with liens satisfied at closing. The property is being sold “AS IS, WHERE IS”. The property is being sold with taxes prorated as of day of closing, meaning the current year taxes will be split between the Buyer and the Seller based on the closing date; all prior years taxes will be paid by the Seller. A 5% deposit or $750.00 deposit, WHICHEVER IS GREATER, is required at time of sale. The sale is subject to all North Carolina Estate General Statutes including a “(10) DAY UPSET BID PERIOD”, meaning that the last and final bid at the auction is recorded with the Clerk of Court for the county that the property is located in and held open. Anyone can contact the Clerk’s office and raise the bid during the raise period. All raises made after the close of the auction must be of at least 5% of previous recorded bid and must be made through the Clerk’s office. Each time the bid is raised, the (10) day “upset bid period” starts over. This process continues until there have been no raises. At that time, the file is sent to the Clerk for the confirmation process. Once confirmed, the high bidder will have (30) days to close on the property. There is “NO BUYER’S PREMIUM” or additional buyer fees charged by the auction company. The Buyer should inspect the property prior to bidding and do any and all research they deem necessary. Country Boys Auction & Realty, Inc., its Brokers, and employees are agents for the Seller and have no dual agency representation of responsibilities.