PRIME HOME SITE - Luray, VA - Auction Information

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AUCTION

VALUABLE REAL ESTATE

PRIME HOME SITE

Heritage Drive, Luray, VA

THURSDAY, JULY 28, 2011

12:15 P.M. - ON SITE

OWNER FINANCING AVAILABLE

Directions: From downtown Luray, take South Court Street then proceed straight onto Mill Creek Rd., then right on Forest Hills Drive, right on Heritage Drive to end of Cul-de-sac.

Description: A 0.532 +/- acre building site in an established residential neighborhood. Public water and sewer available.

Legal: A 23,171 +/- square foot site by survey designated as Lot #8 of The Ridge At Forest Hills and being further described in Instrument # 050002269 of the records of the Circuit Court of Page County, VA. Restrictive Covenants apply.

Terms: A $5,000.00 bidder’s deposit by cash or cashier’s check at the conclusion of the auction. Closing to be within 30 days of auction. Balance may be financed by Seller. A five percent (5%) buyer’s premium to be added to the last and highest bid at this auction to establish the final sale price. Property is being sold “as is” without warranties or representations of any kind, including but not limited to physical condition and is subject to all rights of way, restrictions and easements of record, if any. Property is available prior to auction for prospective purchasers to make inspections. Property is being offered in gross and not by the acre and is subject to confirmation of the undersigned seller. This is a cash transaction or owner financing. To preview property, plat and owner financing terms contact auctioneers.

AUCTIONEERS:

Pangle Real Estate & Auction Co., Inc.

Woodstock, VA 22664

(540) 459-2113 VA.A.F. #272

SELLER:

Toothman Investments, LLC

Auction Terms

Terms: A $5,000.00 bidder’s deposit by cash or cashier’s check at the conclusion of the auction. Closing to be within 30 days of auction. Balance may be financed by Seller. A five percent (5%) buyer’s premium to be added to the last and highest bid at this auction to establish the final sale price. Property is being sold “as is” without warranties or representations of any kind, including but not limited to physical condition and is subject to all rights of way, restrictions and easements of record, if any. Property is available prior to auction for prospective purchasers to make inspections. Property is being offered in gross and not by the acre and is subject to confirmation of the undersigned seller. This is a cash transaction or owner financing. To preview property contact auctioneers.

For plat and owner financing terms look at attached documents.

Directions/Map

Directions: From downtown Luray, take South Court Street then proceed straight onto Mill Creek Rd., then right on Forest Hills Drive, right on Heritage Drive to end of Cul-de-sac.