Lynchburg Real Estate Auction

403 Atlanta Ave Lynchburg, VA! Great opportunity to own a home in Lynchburg, VA! Conveniently located, large city lot (4 +/- ac.) with a 1,200 sqft ranch home on a full basement. Don't Miss Out!
Home in Lynchburg!

Lynchburg Real Estate Auction

Auction Date: Saturday, August 26th, at 11:30 AM
Auction Location: 403 Atlanta Ave Lynchburg, VA 24502
Lynchburg City GIS Parcel ID: 25606001

Property Description:
We are delighted to present a stunning Circa 2001 Ranch Home on Full Basement located at 403 Atlanta Ave in Lynchburg, VA. Situated on a sprawling approx. 4.098 +/- acres with approximately 175 +/- ft of road frontage, this property offers a wonderful opportunity to own a beautiful and conveniently located home in Lynchburg. The spacious house features 3 bedrooms, 3 full bathrooms, a carport, and 2 sheds on the property. With approximately 1,200 sqft on the main level and an additional 600 sqft finished in the basement, this home is move-in ready and offers ample space for comfortable living. The property boasts desirable features such as a shingle roof, heat pump, concrete foundation, vinyl siding, a 40x6 covered front porch, and a 14x10 covered deck, making it a perfect place to call home.

Pre-Auction Offers: Prospective buyers are encouraged to submit pre-auction offers for consideration. Don't miss the opportunity to secure this property before the auction!

Preview Dates: Get a closer look at this magnificent property during our scheduled preview dates:

  • Thursday, August 17th: 2:00 PM - 3:30 PM
  • Tuesday, August 22nd: 4:00 PM - 5:30 PM
  • Friday, August 25th: 4:00 PM - 6:00 PM

Terms:

Buyer's Premium: A 10% buyer's premium will be added to the final bid price.
Deposit: The highest bidder(s) will be required to provide a 10% non-refundable deposit immediately following the sale of the real estate.
Closing: The closing is expected to take place within approximately 30 days from the auction date.
Deed: The property will convey with a General Warranty Deed.
Condition of Property: The property is sold as-is, where-is, with no warranties expressed or implied.
Contingencies: There are no contingencies associated with the sale of this property.
Seller Confirmation: The sale is subject to seller confirmation.
All Sales Final: All sales are final.
Announcements: Announcements made on auction day take precedence over all previously made statements, announcements, remarks, or guarantees.

Auctioneers: For any inquiries or to learn more about this auction, please don't hesitate to contact our experienced auctioneers:

Charlie Watts: 434-821-5263
Collin Watkins: 540-525-6451
Rich Henderson: 570-301-7830

Don't miss out on the chance to own this incredible property in Lynchburg. Mark your calendars for the auction on August 26th, and join us either in person at 403 Atlanta Ave or online to participate in this exciting event. Take advantage of the pre-auction preview dates to fully appreciate the beauty and potential of this home. We look forward to seeing you at the auction!

VERY IMPORTANT, PLEASE READ CAREFULLY!!

Watts Auction Realty Appraisals Inc. Terms & Conditions

Before you attempt to bid on any Watts Auction Realty Appraisals Inc. online or live auction. Be sure to read these terms over carefully.
By registering for our auctions you are considered to be entering into a legally binding contract. Once you bid, you will be bound legally by the following terms and rules that are hereby stated:



Terms:

SALE ANNOUNCEMENTS: ANNOUNCEMENTS THE DAY OF THE SALE TAKE PRECEDENCE OVER ALL PRINTED
MATTER AND ADVERTISING.

TERMS:
10% DEPOSIT MUST BE SETTLED ON SALE DAY.
ON OR ABOUT A 30 DAY CLOSING FROM AUCTION DAY.
FULL SETTLEMENT MAY BE BY CASH, 
CASHIER’S CHECK OR COMPANY/PERSONAL CHECKS, OR FINANCED AT CLOSING. 
POSITIVELY NO EXCEPTIONS.
ALL CHECKS SHOULD BE MADE PAYABLE TO WATTS AUCTION ESCROW.

NO SALE IS CONTINGENT ON FINANCING IN ANY WAY SHAPE OR FORM AND IF FINANCING FALLS THROUGH, BUYERS ARE STILL REQUIRED TO PURCHASE THE PROPERTY.
IN THE EVENT OF DEFAULT ON THE BUYER'S PART, BUYERS WILL LOSE THEIR DEPOSIT.
IF PLANNING TO FINANCE, CALL ONE OF OUR AUCTIONEERS PRIOR TO SALE DAY.
PROPERTY IS BEING SOLD ACCORDING TO COUNTY RECORDS

PROPERTY WILL CONVEY WITH A GENERAL WARRANTY DEED


BIDDING:
IN CASE OF A TIE BID, AUCTIONEER RESERVES THE RIGHT TO REOPEN THE BID BETWEEN THOSE TWO

BIDDERS. AUCTIONEER RESERVES THE RIGHT TO REVOKE ANY BID CARD AT ANY TIME. ANYONE BIDDING FOR AN
ACCOUNT OTHER THAN THEIR OWN MUST OBTAIN A SEPARATE BID NUMBER FOR THAT ACCOUNT.

BUYER’S PREMIUM:
A 10% BUYER’S PREMIUM WILL BE CHARGED TO BIDDER FOR EACH ITEM.


NO WARRANTIES:
ALL SALES ARE AS-IS, WHERE-IS, AND WITH ALL FAULTS. BIDDER HAS HAD THE 
OPPORTUNITY TO INSPECT THE PROPERTY AND BIDDER AGREES TO SOLELY RELY ON HIS INSPECTION.
ALL SALES 
ARE FINAL.
BIDDER WILL NOT BE ENTITLED TO ANY ADJUSTMENT, ALLOWANCE, DAMAGES, OR ANY OTHER REMEDY 
REGARDING THE CONDITION OF THE PROPERTY PURCHASED.
ALL DESCRIPTIONS ARE CONSCIENTIOUSLY DESCRIBED BY

THE SELLER AND AUCTION COMPANY, HOWEVER, NEITHER ASSUME ANY LIABILITY FOR ERRORS OR OMISSIONS.

AUCTION SITE:
ALL BIDDERS AT THE AUCTION SITE ARE THERE AT THEIR OWN 
RISK. BIDDER AGREES THE AUCTION SITE IS POTENTIALLY DANGEROUS.
REGARDLESS OF CAUSE, AUCTIONEER OR ITS AGENTS WILL NOT BE RESPONSIBLE FOR ANY INJURY TO 
ANYONE AT AUCTION SITE.

RISK OF LOSS:
ONCE AUCTIONEER ACCEPTS THE HIGHEST BID, THE PROPERTY IS THEN SOLD.

RISK OF LOSS FOR THE PROPERTY RESIDE WITH THE SELLER UNTIL CLOSING.

INTERNATIONAL BUYERS: 
MUST HAVE A WIRE TRANSFER TO US WITHIN 3 BUSINESS DAYS AND EMAIL A PROOF OF FUNDS SHEET TO RICH@WATTSARA.COM BEFORE THE SALE!!

NO ITEMS WILL BE RELEASED UNTIL PAYMENT IS MADE IN FULL! NO EXCEPTIONS!
CALL OUR AUCTIONEERS FOR SPECIAL ARRANGEMENTS PRIOR TO SALE DAY!
A $20 WIRE TRANSFER FEE WILL BE ATTACHED FOR ALL DOMESTIC WIRE TRANSFERS
A $60 WIRE TRANSFER FEE FOR ALL INTERNATIONAL WIRE TRANSFERS
ALL BUYERS WILL BE RESPONSIBLE FOR THEIR OWN SHIPPING, TAXES, AND ANY OTHER FEES ASSOCIATED WITH PURCHASE & SHIPPING.

ALL INFORMATION CONTAINED HEREIN IS TRUE AND CORRECT TO THE BEST OF OUR KNOWLEDGE BUT IS IN NO WAY
GUARANTEED AS TO THE ACCURACY OF DESCRIPTION MADE. EVERYTHING WILL BE SOLD AS-IS, WHERE-IS,
WITHOUT WARRANTY AS TO USEFULNESS OR MERCHANTABILITY.

THIS IS AN ONLINE AND LIVE SALE SIMULTANEOUSLY BEING COORDINATED.

WE APPRECIATE YOUR BUSINESS AND WANT TO MAKE YOUR AUCTION EXPERIENCE A GOOD ONE.