Saturday, December 11, 2021 at 11:00 am — 2246 Shady Grove Rd, Spring Lake, NC
Lillington, Spring Lake Community, Harnett Co, NC
221 +/- AC Selling in Tracts or as a Whole
Long “Little River” Frontage – 1.8 Miles of Paved Road Frontage- County Water – Pole Barn
Property Located @ 2246 Shady Grove Rd, Spring Lake, NC
GPS COORDINATES: N 350 14’ 00” W 780 53’ 49”
221+/- ACRES:
- The Property will be Offered in Tracts, Combinations of Tracts, or as Whole
- This property has been completely surveyed with ALL property corners placed and ALL soil work has been completed for installation of Septic Systems. Contact our office for copies of these Documents
- Long Frontage on Little River with Bluff and Shoals affording Breathtaking Views
- All Tracts are 10+ acres with Frontage on Shady Grove Rd AND Little River. ALL tracts run Road to River
- County Water is Available
- 120 x 30 Pole Barn/Shop on the Property
This tract is situated directly between Lillington and Fayetteville just over the county line on Shady Grove Rd. Due to the long road and river frontage, gentle topography, location, and municipal water, this property is ideal for Future Investment, Residential Development, Agricultural Use, Gentleman Farming, Recreation, or Conservation. Rarely does the circumstance come along to buy Valuable Harnett County Land with ALL the above-mentioned Features. Do Not Miss This Opportunity to BUY land at the RIGHT PRICE – YOUR PRICE!!
Check out this related article from Businesswire: [Click Here]
OPEN HOUSE: The property is open for Inspection. Dempsey Representatives will be on-site Friday, December 10th, 11:00-5:00 PM.
BIDDING: The auction will be Simulcast with the opportunity to participate Live, in person, or online, whichever is most convenient.
SALE SITE: The property will SELL on-site under the Dempsey Tent
TERMS AND CONDITIONS: Real Estate: 10% Buyer’s Premium. 20% Down on Sale Day with the Balance Due on or Before 30 Days from Sale Day.
CLOSING: The Closing will be handled by the Matthews Law Group in Dunn, NC – 910.92.9102. Closing to be on or before 30 days from Sale Date.
For plats, brochures, or further sales information on this auction, contact US BY NAME @ 800.DEMPSEY (336.7739). NCREL #C-9257, NCAL #774
EXHIBIT “A”
TERMS AND CONDITIONS
Gavin Ventures, LLC
220+/- Acres
Lillington, Harnett County, NC
Saturday, December 11th @ 11:00am
These “Terms and Conditions” supersede all other printed and oral statements and will be attached to and become a part of the Real Estate Sales Contract as Exhibit “A”, which will prevail over this document and any other agreement between the buyer and seller.
CONDITIONS OF SALE: Dempsey Auction Company (Auctioneer/Broker) has entered into a contract with Gavin Ventures, LLC (Seller), to offer at AUCTION, 220+/- Acres located in Harnett County, NC.
All property, real and personal, is selling “AS IS, WHERE IS” and being conveyed by Seller as provided for below. It is offered for sale and sold “AS IS and WITH ALL FAULTS, IF ANY” without representation or warranty of any kind as to their condition. No warranties, either statutory or otherwise, expressed or implied, including those as to the fitness for a particular use or purpose, habitability, merchantability, or environmental condition including, but not limited to, any hazardous substances, hazardous waste, petroleum or petroleum by-products (collectively Hazardous Materials), concerning the property are given by the Auctioneer or Seller. Neither the Auction Company nor the Seller makes any representation concerning the property whatsoever. All bidders acknowledge and agree by their participation in the Auction, that he/she has inspected the Property and is not relying on any warranty or representation of the Seller, Auctioneer or any agent thereof. As depicted on the survey, a portion of this property lies within the100 yr flood plain and there are some wetlands on site.
We require all bidders register and obtain a bid number in order to participate in the bidding process. All decisions of the Auctioneer will be final, including the increments of bidding, disputes among bidders, or any other issues that might arise before, during or after the auction.
The Seller has the right, at their sole discretion; to add or withdraw all or any portion of the property before the auction on Saturday, December 11, 2021 @ 11:00am. This property is being offered Subject to Owner Confirmation, reserving the right to hold ALL offers open until Monday, December 13th @ 5:00pm
RESERVATIONS & RESTRICTIONS: The real estate will be sold subject to all Restrictions, Public Utilities, Encroachments, Zoning Ordinances, Easements, Harnett County Regulations, Protective Covenants, any Existing Rights of Way and all other matters now of record.
ONLINE PURCHASERS’ PAYMENT: At the close of the auction, successful bidders will be emailed the contract package to execute and return to Dempsey Auction Co. Successful bidders will deposit 10% of the Contract Price as earnest money in the form of cashier’s check or bank wire transfer with Dempsey Auction Co within 24 hours of receipt of the contract package. The entirety of the remaining balance is due at closing as stipulated in the “Terms and Conditions”. Purchaser shall be responsible for all wire transfer fees. Successful high bidders not executing and returning their contract with earnest money deposit within 24 hours of receipt will be considered in default and subject to an Administrative Fee (as defined below). All Administrative Fees are non-refundable.
DEFAULT: In the event a winning bidder fails to submit the signed “Sales Contract” and deposit earnest money as provided in the pre-stipulated Terms and Conditions, the winning bidder will be charged an administrative fee of $2,500 on the credit card provided at auction registration. Additional default remedies are reserved by Dempsey Auction Co and the Sellers as provided in the Terms and Condition and the Sales Contract.
PAYMENT: A 10% Buyer’s Premium on Real Estate will be added to the Bid Price on all real estate today to arrive at the final purchase price. The purchaser will be required to sign the Real Estate Sales Contract and pay a non-refundable earnest money deposit equal to 20% of the final purchase price immediately following the Auction. This deposit will be held in a non-interest-bearing escrow account under the control of Dempsey Auction Co. No disbursements will be made from this escrow account until closing or otherwise in accordance with this agreement. In the event the purchaser fails to close and pay his/her balance when due, the deposit may be retained by the Seller and Auctioneer as liquidated damages in addition to any other remedies available to the Seller and Auctioneer.
SURVEY: We are selling the properties according to registered and recorded boundary survey Instrument # 2021026104, PB 2021 PG 504-506 in the Harnett County Courthouse. Each tract has been surveyed for this auction by Michael Adams, North Carolina Professional Land Surveyor, License #L-4491. A survey/development fee of $1,800/Tract will be due and collected today. The accuracy of the survey is the sole liability of the Surveyor and the Purchaser, and the Purchaser does hereby release the Seller and Dempsey Auction Co from all liability in all matters concerning the survey
CLOSING: Closing shall take place within 30 days of the auction, in accordance with the Real Estate Sales Contract, or on a date mutually agreed upon by the Seller and Purchaser(s) in writing. The closing attorney firm is The Matthews Law Group, 1103 Cumberland St, Dunn, NC 28334 – 910.829.9103
CLOSING COSTS: The Seller will provide a Conveyance Deed at closing. If the Seller is unable to convey clear title to the property, the Purchaser(s) Earnest money deposit will be returned.
All other costs including, but not limited to, Attorney’s Closing Fees, Recording and Handling Fees, Deed Transfer Taxes, Title Search, Title Insurance, Loan Origination Fees, etc., will be at the Purchaser’s expense.
POSSESSION: Purchaser(s) will be granted possession of real estate at closing, on or before January 10, 2022
TAXES: The Real Estate property taxes will be prorated to the date of closing. If any additional taxes are assessed resulting from the change of use by the purchaser, they will be the responsibility of the purchaser.
AGENCY: In accordance to the North Carolina Agency Disclosure Law, NCAC 58A.0104, Dempsey Auction Company is acting as agent for the seller only in this transaction and is to be paid a fee pursuant to a separate written agreement between seller and the auctioneer. The auctioneer is not acting as an agent for the purchaser in this transaction. Any third-party broker is not a sub-agent of the auctioneer.
BUYER’S NOTE: Dempsey Auction Company and the Seller reserve the right to amend any terms of conditions of the auction by announcing such amendments prior to or during the auction. All information published, announced or contained herein was derived from sources believed to be correct; however, it is not guaranteed by the Seller or the Auctioneer. The Auctioneer makes no warranty or guarantee as to the correctness and completeness of any information. Personal on-site inspection of the property is recommended. The failure of any bidder to inspect, or to be fully informed as to the condition of the property, will not constitute grounds for any claim or demand for adjustment or withdrawal of bid, offer, or earnest money after its opening tender. Any and all announcements made from the auction stand take precedence over all other verbal, printed, announced and/or distributed information.
METHOD of SALE: Dempsey Auction reserves the right to offer the property any way we see for to obtain the SELLER the most money.
In accordance with the North Carolina Agency Disclosure Law, NCAC 58A.0104, Dempsey Auction Company is the Listing and Selling Agent of the Seller, and our fiduciary duties of loyalty and faithfulness are owed to the Seller, Gavin Ventures, LLC.
NOTE: This auction is being recorded by audio in its entirety for legal purposes.
I have received, read, understand and agree to the information in these “Terms and Conditions” which will become a part of the sales contract and will hereafter be Exhibit “A”.
NOTE: This auction is being recorded by audio in its entirety for legal purposes.
I have received, read, understand and agree to the information in these “Terms and Conditions” which will become a part of the sales contract and will hereafter be Exhibit “A”.
TERMS AND CONDITIONS
Gavin Ventures, LLC
220+/- Acres
Lillington, Harnett County, NC
Saturday, December 11th @ 11:00am
These “Terms and Conditions” supersede all other printed and oral statements and will be attached to and become a part of the Real Estate Sales Contract as Exhibit “A”, which will prevail over this document and any other agreement between the buyer and seller.
CONDITIONS OF SALE: Dempsey Auction Company (Auctioneer/Broker) has entered into a contract with Gavin Ventures, LLC (Seller), to offer at AUCTION, 220+/- Acres located in Harnett County, NC.
All property, real and personal, is selling “AS IS, WHERE IS” and being conveyed by Seller as provided for below. It is offered for sale and sold “AS IS and WITH ALL FAULTS, IF ANY” without representation or warranty of any kind as to their condition. No warranties, either statutory or otherwise, expressed or implied, including those as to the fitness for a particular use or purpose, habitability, merchantability, or environmental condition including, but not limited to, any hazardous substances, hazardous waste, petroleum or petroleum by-products (collectively Hazardous Materials), concerning the property are given by the Auctioneer or Seller. Neither the Auction Company nor the Seller makes any representation concerning the property whatsoever. All bidders acknowledge and agree by their participation in the Auction, that he/she has inspected the Property and is not relying on any warranty or representation of the Seller, Auctioneer or any agent thereof. As depicted on the survey, a portion of this property lies within the100 yr flood plain and there are some wetlands on site.
We require all bidders register and obtain a bid number in order to participate in the bidding process. All decisions of the Auctioneer will be final, including the increments of bidding, disputes among bidders, or any other issues that might arise before, during or after the auction.
The Seller has the right, at their sole discretion; to add or withdraw all or any portion of the property before the auction on Saturday, December 11, 2021 @ 11:00am. This property is being offered Subject to Owner Confirmation, reserving the right to hold ALL offers open until Monday, December 13th @ 5:00pm
RESERVATIONS & RESTRICTIONS: The real estate will be sold subject to all Restrictions, Public Utilities, Encroachments, Zoning Ordinances, Easements, Harnett County Regulations, Protective Covenants, any Existing Rights of Way and all other matters now of record.
ONLINE PURCHASERS’ PAYMENT: At the close of the auction, successful bidders will be emailed the contract package to execute and return to Dempsey Auction Co. Successful bidders will deposit 10% of the Contract Price as earnest money in the form of cashier’s check or bank wire transfer with Dempsey Auction Co within 24 hours of receipt of the contract package. The entirety of the remaining balance is due at closing as stipulated in the “Terms and Conditions”. Purchaser shall be responsible for all wire transfer fees. Successful high bidders not executing and returning their contract with earnest money deposit within 24 hours of receipt will be considered in default and subject to an Administrative Fee (as defined below). All Administrative Fees are non-refundable.
DEFAULT: In the event a winning bidder fails to submit the signed “Sales Contract” and deposit earnest money as provided in the pre-stipulated Terms and Conditions, the winning bidder will be charged an administrative fee of $2,500 on the credit card provided at auction registration. Additional default remedies are reserved by Dempsey Auction Co and the Sellers as provided in the Terms and Condition and the Sales Contract.
PAYMENT: A 10% Buyer’s Premium on Real Estate will be added to the Bid Price on all real estate today to arrive at the final purchase price. The purchaser will be required to sign the Real Estate Sales Contract and pay a non-refundable earnest money deposit equal to 20% of the final purchase price immediately following the Auction. This deposit will be held in a non-interest-bearing escrow account under the control of Dempsey Auction Co. No disbursements will be made from this escrow account until closing or otherwise in accordance with this agreement. In the event the purchaser fails to close and pay his/her balance when due, the deposit may be retained by the Seller and Auctioneer as liquidated damages in addition to any other remedies available to the Seller and Auctioneer.
SURVEY: We are selling the properties according to registered and recorded boundary survey Instrument # 2021026104, PB 2021 PG 504-506 in the Harnett County Courthouse. Each tract has been surveyed for this auction by Michael Adams, North Carolina Professional Land Surveyor, License #L-4491. A survey/development fee of $1,800/Tract will be due and collected today. The accuracy of the survey is the sole liability of the Surveyor and the Purchaser, and the Purchaser does hereby release the Seller and Dempsey Auction Co from all liability in all matters concerning the survey
CLOSING: Closing shall take place within 30 days of the auction, in accordance with the Real Estate Sales Contract, or on a date mutually agreed upon by the Seller and Purchaser(s) in writing. The closing attorney firm is The Matthews Law Group, 1103 Cumberland St, Dunn, NC 28334 – 910.829.9103
CLOSING COSTS: The Seller will provide a Conveyance Deed at closing. If the Seller is unable to convey clear title to the property, the Purchaser(s) Earnest money deposit will be returned.
All other costs including, but not limited to, Attorney’s Closing Fees, Recording and Handling Fees, Deed Transfer Taxes, Title Search, Title Insurance, Loan Origination Fees, etc., will be at the Purchaser’s expense.
POSSESSION: Purchaser(s) will be granted possession of real estate at closing, on or before January 10, 2022
TAXES: The Real Estate property taxes will be prorated to the date of closing. If any additional taxes are assessed resulting from the change of use by the purchaser, they will be the responsibility of the purchaser.
AGENCY: In accordance to the North Carolina Agency Disclosure Law, NCAC 58A.0104, Dempsey Auction Company is acting as agent for the seller only in this transaction and is to be paid a fee pursuant to a separate written agreement between seller and the auctioneer. The auctioneer is not acting as an agent for the purchaser in this transaction. Any third-party broker is not a sub-agent of the auctioneer.
BUYER’S NOTE: Dempsey Auction Company and the Seller reserve the right to amend any terms of conditions of the auction by announcing such amendments prior to or during the auction. All information published, announced or contained herein was derived from sources believed to be correct; however, it is not guaranteed by the Seller or the Auctioneer. The Auctioneer makes no warranty or guarantee as to the correctness and completeness of any information. Personal on-site inspection of the property is recommended. The failure of any bidder to inspect, or to be fully informed as to the condition of the property, will not constitute grounds for any claim or demand for adjustment or withdrawal of bid, offer, or earnest money after its opening tender. Any and all announcements made from the auction stand take precedence over all other verbal, printed, announced and/or distributed information.
METHOD of SALE: Dempsey Auction reserves the right to offer the property any way we see for to obtain the SELLER the most money.
In accordance with the North Carolina Agency Disclosure Law, NCAC 58A.0104, Dempsey Auction Company is the Listing and Selling Agent of the Seller, and our fiduciary duties of loyalty and faithfulness are owed to the Seller, Gavin Ventures, LLC.
NOTE: This auction is being recorded by audio in its entirety for legal purposes.
I have received, read, understand and agree to the information in these “Terms and Conditions” which will become a part of the sales contract and will hereafter be Exhibit “A”.
NOTE: This auction is being recorded by audio in its entirety for legal purposes.
I have received, read, understand and agree to the information in these “Terms and Conditions” which will become a part of the sales contract and will hereafter be Exhibit “A”.