Auction: 
Foreclosure House and Land Auction- Scotland County, NC (05/10/2018 - 05/17/2018)
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05/17/2018 05:46 PM
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Bid on 5,6 by bighorne
05/17/2018 06:43:04 PM
Bid on 8 by Rattler35
05/17/2018 06:39:31 PM
Bid on 6 by RINGER
05/17/2018 06:39:15 PM
Parcel Combo
High Bidder High Bid Winning
1 RINGER $8,250
2 RINGER $2,300
3 In a winning combo $2,300
4 In a winning combo $2,050
5 In a winning combo $1,725
6 In a winning combo $1,450
7 Hogan1 $300
8 Rattler35 $275
9 Mbird $300
10 Mbird $100
11 Mbird $100
12 Mbird $100
13 wbbcppl1 $450
14 RINGER $275
15 Mbird $100
18 Mbird $100
19 RINGER $425
20 Mbird $100
21 onsitebidder3 $900
22 Mbird $100
23 southeastfarm $4,100
Total Bids
235
View Bid Increments Auction Total
$26,000
 
Time Left:
Last Bid:
Your Selected Parcels: (none)
Starting Time: May 10, 2018, 08:00 AM
Closing Time: May 17, 2018, 06:53 PM
Time Left:
Buyer's Premium: 10%
  Parcel
Numbers
High Bidder Current Bid Winning
3,4 onsitebidder1 $4,450
5,6 bighorne $3,275
1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,18,19,20,21,22,23 rspam $24,950
2,3,4 onsitebidder1 $5,350

CLICK HERE FOR LINK TO THE DOCUMENTS TAB

Enter Misc Auction information

Importance of Terms:

Please take the time to read the following set of terms and conditions for the online auction. When you register to bid, you will have to acknowledge that you have read these terms and conditions. If you intend to register, the following items will pertain to you.

 

Agency:

Iron Horse Auction Company, Inc. is acting as agent of the Seller and at no time acting on behalf of the Buyer.

 

Buyer's Premium:

There will be a Ten Percent (10%) Buyer’s Premium added to the final bid price to determine the final contract purchase price. In order to verify that the credit card used for registration is valid, the bidding platform requires a $100.00 authorization hold be placed on credit cards in order to register to bid. This charge will be removed within a 24-hour time period after registration.

 

Auction Ending:

Online auctions are timed events and all bidding will begin to close at a specified time. Online auctions also have an auto-extend feature. Any bid placed in the final ten minutes of an auction, will automatically extend the auction ten minutes from the time the bid was placed. Example: If an auction is scheduled to close at 6:00 and receives a bid at 5:51, the close time will automatically extend to 6:01. The auto-extend feature will continue until there is a ten-minute period without a bid being placed on any item in the auction.

 

Time Reduction:

In the event that the auto-extend time needs to be decreased, Iron Horse Auction Company, Inc. may decrease the extended time amount at any time during the auction until the close of bidding. A Pop-Up Message in the Instant Message Center on the bidding page will notify Bidders prior to the time reduction unless the time is reduced at the sale at the auctioneers discretion.

 

Outbid / Back-In Notification:

During this auction process, there is a chance that you will be overbid by a combination bid of multiple lots. At that time, you will receive an outbid notification. If another Bidder breaks the combination by raising the bid on a lot other than the lot you were bidding on, you will automatically be placed back in the winning position for your lot. You will then receive a back-in notification. Until the auction begins to close, the bidding software will notify Bidders by email when they have been outbid. Bidders may also find out if they have been outbid by refreshing the individual lot information. Due to varying internet connections and speed, sometimes email notifications can be delayed. We are not responsible for failure of any part of the bidding process or internet bidding.

 

Property Information & Inspection:

Iron Horse Auction Company, Inc. is not responsible for any missing or incorrect listing information. Iron Horse Auction Company, Inc. has attempted to provide accurate descriptions; however, it is the Bidder's responsibility to conduct inspections to determine the condition and feasibility of the Bidder’s intended use. Descriptions that are provided by Iron Horse Auction Company, Inc. are provided in good faith and are matters of opinion. It is automatically acknowledged by registering that you have personally inspected the property, hired an agent to inspect the property, or waived your right to inspect the property. Placing a bid creates a contractual agreement to purchase the property at the high bid price plus a Buyer’s Premium and any additional fees included in closing the real property transaction.

 

Auctioneer's Discretion:

Iron Horse Auction Company, Inc. has full discretion to modify the date and time, order, and details of the auction for any reason or no reason at all, including but not limited to technical issues, emergencies, and the convenience of Iron Horse Auction Company, Inc. or the Seller.

 

Server & Software Technical Issues:

In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Iron Horse Auction Company, Inc. and the Seller reserve the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software nor Iron Horse Auction Company, Inc., or the Seller shall be held responsible for a missed bid or the failure of the software to function properly for any reason. Iron Horse Auction Company, Inc. may send email notifications to registered Bidders with updated information as deemed necessary.

 

Payment Terms:

Twenty Percent (20%) of the final contract purchase price is required as non-refundable earnest money in the form of a certified check, cash or wire transfer. The earnest money deposit is due within 48-hours of the close of auction, with the balance of the contract purchase price due at closing, which shall be in thirty-days or upon delivery of the deed, whichever is sooner. In the event the Seller cannot produce a deed with insurable title, the earnest money deposit will be refunded. Purchaser shall be responsible for all wire transfer fees. Closing will be as specified in the Auction Purchase Contract. This online only auction is a cash transaction not contingent on or subject to financing, appraisal, survey or inspections of any kind, as agreed to by the Bidders and/or Buyers at registration and specified in the Auction Purchase Contact on the event page of each specific auction.

 

Auction Purchase Contract:

The contract is required to be fully and correctly executed, without any modifications and properly signed within 48-hours of the close of the auction unless the bidder is at the bid center where the contract will be signed by the purchaser immediately and the deposit will be collected at the same time.

 

Closing:

Property is to be closed within thirty-days after the auction or upon delivery of the deed, whichever is sooner.

 

Closing Costs:

Buyer’s closing costs can include new boundary survey, title search fees, title insurance premiums, recording fee of documents, Buyer’s prorated items and any other fees required for closing. Seller’s closing costs are limited to their portion of the prorated tax, revenue stamps and the cost of deed preparation.

 

Property Condition:

All property in this auction is selling “AS-IS, WHERE IS” with all faults, if any. Iron Horse Auction Company, Inc. makes no representations or warranties, expressed or implied, concerning the property. Descriptions of the property are believed to be correct, but are not guaranteed. It is the Buyer’s responsibility to conduct any inspection prior to the auction. All due diligence periods end the date the auction is schedule to end, and prior to the end of the auction. It is possible that the property being sold is subject to restrictive covenants and homeowner’s association rules, regulations and dues. Iron Horse Auction Company, Inc. has attempted to find or locate all information deemed material facts. Ultimately, it is the Buyer’s responsibility to inspect all aspects of the property before placing a bid. No sale shall be invalidated by the Buyer as a result of he/she not conducting their own inspection prior to placing a bid or doing due diligence. It is automatically acknowledged by placing a bid that you have personally inspected the property, hired an agent to inspect the property or waived your right to inspect the property.

 

Legal Interpretations:

The laws of the State of North Carolina shall interpret this document.

 

Date Time Bid Parcels Bidder
05/17/2018 06:43:04 PM $3,275 5,6 bighorne
05/17/2018 06:39:31 PM $275 8 Rattler35
05/17/2018 06:39:15 PM $1,450 6 RINGER
05/17/2018 06:39:06 PM $1,725 5 RINGER
05/17/2018 06:29:46 PM $2,975 5,6 bighorne
05/17/2018 06:28:11 PM $450 13 wbbcppl1
05/17/2018 06:27:52 PM $4,450 3,4 onsitebidder1
05/17/2018 06:26:30 PM $1,350 6 RINGER
05/17/2018 06:26:24 PM $1,525 5 RINGER
05/17/2018 06:26:18 PM $2,050 4 RINGER
05/17/2018 06:26:12 PM $2,300 3 RINGER
05/17/2018 06:26:08 PM $2,300 2 RINGER
05/17/2018 06:25:48 PM $24,950 1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,18,19,20,21,22,23 rspam
05/17/2018 06:23:15 PM $5,350 2,3,4 onsitebidder1
05/17/2018 06:21:43 PM $950 2 RINGER
05/17/2018 06:19:32 PM $900 2 onsitebidder1
05/17/2018 06:18:50 PM $2,675 5,6 bighorne
05/17/2018 06:17:57 PM $8,250 1 RINGER
05/17/2018 06:12:14 PM $900 21 onsitebidder3
05/17/2018 06:11:32 PM $850 21 RINGER
  Description
1
View Images
Bid History

Commercial Vacant Lot Located on N. Wilkerson Drive in Laurinburg, NC

Commercial Vacant Lot Located on N. Wilkerson Drive in Laurinburg, NC

Parcel 010026 06003

1.32+/- Acres

Tax Value $60,400.00

2
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Bid History

Vacant Lot on Conegal Circle in Lauringburg, NC

Vacant Lot on Conegal Circle in Lauringburg, NC

Plat Lot 1, Section II Anguswood Subdivsion

Portion located in flood zone

Parcel 010214 04001

.593+/- Acre

Tax Value $26,400.00

3
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Bid History

Vacant Lot on Conegal Circle in Lauringburg, NC

Vacant Lot on Conegal Circle in Lauringburg, NC

Plat Lot 2, Section II Anguswood Subdivsion

Parcel 010214 04002

.71+/- Acre

Tax Value $22,000.00

4
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Bid History

Vacant Lot on Conegal Circle in Lauringburg, NC

Vacant Lot on Conegal Circle in Lauringburg, NC

Plat Lot 6, Section II Anguswood Subdivsion

Parcel 010214 04006

.591+/- Acre

Tax Value $22,000.00

5
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Bid History

Vacant Lot on Blues Farm Road in Laurinburg, NC

Vacant Lot on Blues Farm Road in Laurinburg, NC

Plat Lot 20, Section I Anguswood Subdivsion

Parcel 010214 01020

.697+/- Acre

Tax Value $22,000.00

6
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Bid History

Vacant Lot Located at 12500 Laurel Crest Road in Laurinburg, NC

Vacant Lot Located at 12500 Laurel Crest Road in Laurinburg, NC

Plat Lot 52 Laurin Lakes II Subdivsion

Parcel 010227 02052

.467+/- Acre

Tax Value $17,000.00

7
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Bid History

Vacant Lot on Turnpike Road in Laurinburg, NC

Vacant Lot on Turnpike Road in Laurinburg, NC

1/2 of Plat Lot 70 Shaw Woods Subdivsion

Parcel 010228A01070

.23+/- Acre

Tax Value $7,000.00

8
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Bid History

Vacant Lot Located at 906 S. Main Street in Laurinburg, NC

Vacant Lot Located at 906 S. Main Street in Laurinburg, NC

Plat 25 Block 3, Melrose Addition

Parcel 010057 03025

.169+/- Acre

Tax Value $29,510.00

9
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Bid History

Vacant Lot Located at 309 Douglas Street in Laurinburg, NC

Vacant Lot Located at 309 Douglas Street in Laurinburg, NC

Plat Lots 170-174 Washington Park

Parcel 010058 01170

.557+/- Acre

Tax Value $36,160.00

10
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Bid History

Vacant Lot Located at 606 E. Covington Street in Laurinburg, NC

Vacant Lot Located at 606 E. Covington Street in Laurinburg, NC

Parcel 010073 07020

Adjoins Auction Lot 11 at the rear of lot

.23+/- Acre

Tax Value $3,210.00

11
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Bid History

Vacant Lot Located on Second Street in Laurinburg, NC

Vacant Lot Located on Second Street in Laurinburg, NC

Parcel 010073 07023

Adjoins Auction Lot 10

.313+/- Acre

Tax Value $3,360.00

12
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Bid History

Vacant Lot Located at 409 Fourth Street in Laurinburg, NC

Vacant Lot Located at 409 Fourth Street in Laurinburg, NC

Plat Lot 95, Block 9, Waverly Mills

Parcel 010073 04095

.196+/- Acre

Tax Value $10,000.00

13
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Bid History

Vacant Lot Located at 509 Church Street in Laurinburg, NC

Vacant Lot Located at 509 Church Street in Laurinburg, NC

Parcel 010073 02004

.335+/- Acre Zoned GB

Tax Value $25,000.00

14
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Bid History

Lot Located on Jackson Street in Laurinburg, NC

Lot Located on Jackson Street in Laurinburg, NC

Plat Lot 23 Block 4, Stewart Lots

Parcel 010074 03023

.201+/- Acres
This property has a possible encroachment with the adjoining property.

Tax Value $ $32,640.00

15
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Bid History

Vacant Lot Located at 602 Jackson Street in Laurinburg, NC

Vacant Lot Located at 602 Jackson Street in Laurinburg, NC

Plat Lots 47 & 48 Roper Acres Subdivision

Parcel 010075 02047

.344+/- Acre

Tax Value $6,000.00

18
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Bid History

Vacant Lot Located on Roseville Street in Laurinburg, NC

Vacant Lot Located on Roseville Street in Laurinburg, NC

Plat Lot 8, Block 27 Lincoln Heights

Parcel 010078 06008

.235+/- Acre

Tax Value $3,210.00

19
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Bid History

House and Lot Located at 302 McGirts Bridge Road in Laurinburg, NC

House and Lot Located at 302 McGirts Bridge Road in Laurinburg, NC

Portion of Plat Lot 4, Block I

Parcel 010044 14001

.098+/- Acre

Tax Value $7,260.00

20
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Bid History

Vacant Lot Located on Marcellus Street in Laurinburg, NC

Vacant Lot Located on Marcellus Street in Laurinburg, NC

Plat Lot 4, Block 2 Smith Property

Parcel 010046 02005

.231+/- Acre

Tax Value $3,210.00

21
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Bid History

Vacant Lot Located on R. Graham Street in Laurinburg, NC

Vacant Lot Located on R. Graham Street in Laurinburg, NC

Plat Lots 13-19 and 1/2 of Plat Lot 20, Block D, James Company Lands

Parcel 010041 01001

.599+/- Acre

Tax Value $11,640.00

22
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Bid History

Vacant Located at 220 N. Pine Street in Laurinburg, NC

Vacant Located at 220 N. Pine Street in Laurinburg, NC

Parcel 010050 01016

.398+/- Acre

Tax Value $7,140.00

23
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Bid History

Vacant Lot Located at 16290 Joy Street in Laurinburg, NC

Vacant Lot Located at 16290 Joy Street in Laurinburg, NC

Parcel 010034 04005

.455+/- Acre

Tax Value $5,350.00