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Public Auction - 61 City of Richmond, VA Tax Delinquent Properties - Areas 10, 30, 50, & 60

37 Single Family Houses, 14 Residential Lots, 4 Townhouses, 3 Multi-Family Buildings, 2 Commercial Lots, and 1 Duplex

Bid Online or In-Person!!

For More Information, Please Call the City Tax Sale Hotline @ (804) 655-2415

Sale BrochureFrequently Asked Questions (FAQ) | Combined Tax Records (Lots 1 - 61) | Zoning Ordinances (Lots 1-61)

State and Federal Rehabilitation Tax Credit Information Packet

Terms & Conditions - Tax Delinquent Properties (Lots 1-61)Purchase Agreement - Tax Delinquent Properties (Lots 1-61)

Terms & Conditions - Consignment Lots (Lots 62-63, 68 & Up) | Purchase Agreement - Consignment Lots (Lots 62-63, 68 & Up)

Terms & Conditions - Consignment Lots (Lots 64-67) | Purchase Agreement - Consignment Lots (Lots 64-67)

Bidder Registration Form | Broker Registration Form

*Lot 3-1424-1426 Bainbridge St. is a contributing resource in the Manchester Historical District and is eligible for the Virginia Rehabilitation Tax Credit, and if rented, a Federal Rehabilitation Tax Credit as well.*

Lot
#

Address

Area
#

Area
Name

Property
Type

Zoning

AC
+/-

SF
+/-

Beds/
Baths
+/-

Year
Built

2018
Tax
Assessment

1

6421 Glyndon Ln. B,
Richmond, VA, 23225

60

Gravel Hill

Lot

R-2

1.500

N/A

N/A

N/A

$14,000

6421 Glyndon Ln. C,
Richmond, VA, 23225

60

Gravel Hill

Lot

R-2

1.500

N/A

N/A

N/A

$15,000

2

124 E. 18th St.,
Richmond, VA 23224

60

Blackwell North

Lot

R-7

0.084

N/A

N/A

N/A

$17,000

3

1424-1426 Bainbridge St.,
Richmond, VA 23224

60

Manchester

Multi-Family

(4 Units)

R-63

0.213

6,339

0/0

1916

$242,000

4

1307 Minefee St.,
Richmond, VA 23224

50

Bellemeade

Townhouse

R-6

0.093

896

2/1

1971

$15,000

5

1418 Minefee St.,
Richmond, VA 23224

50

Bellemeade

House

R-5

0.178

842

2/1

1950

$18,000

6

1326 Drewry St.,
Richmond, VA, 23224

50

Bellemeade

Townhouse

R-6

0.037

896

2/1

1971

$22,000

7

2914 Decatur St.,
Richmond, VA, 23224

50

Swansboro

House

R-5

0.119

1,390

2/1

1925

$28,000

8

2216 Royall Ave.,
Richmond, VA 23224

50

Bellemeade

House

R-5

0.157

904

2/1

1939

$35,000

9

223 E. 15th St.,
Richmond, VA 23224

50

Blackwell North

Townhouse

R-7

0.040

1224

2/1

1918

$37,000

10

2414 Ruffin Rd.,
Richmond, VA 23234

50

Jefferson Davis

House

R-4

0.166

1,036

3/1

1950

$42,000

11

3422 Keighly Rd.,
Richmond, VA 23234

50

Jefferson Davis

House

R-4

0.193

1,425

2/1

1948

$52,000

12

1513 Hopkins Rd.,
Richmond, VA 23224

50

Mcguire

House

R-4

0.335

1,554

4/2

1947

$63,000

13

1941-1947 Powell Rd.,
Richmond, VA 23224

50

South Garden

House
(2 Structures)

R-4

2.770

#1 - 1,052
#2 - 860

#1 - 3/0
#2 - 1/1

1950

$99,000

14

3516 Belt Blvd.,

Richmond, VA 23234

50

Broad Rock

House

R-4

1.602

1,406

3/2

1940

$132,000

15

4 E. Bacon St.,
Richmond, VA 23222

30

Gilpin

Lot

M-2

0.041

N/A

N/A

N/A

$3,000

16

16 E. Bacon St.,
Richmond, VA 23222

30

Gilpin

Lot

M-2

0.050

N/A

N/A

N/A

$3,000

17

1701 Magnolia St.,
Richmond, VA 23222

30

Chestnut Hill

Lot

R-6

0.082

N/A

N/A

N/A

$15,000

18

2920 Garland Ave.,
Richmond, VA 23222

30

Brookland Park

Lot

R-6

0.103

N/A

N/A

N/A

$40,000

19

3505 Garland Ave.,
Richmond, VA 23222

30

Edgewood

House

R-5

0.179

1,428

3/1

1949

$69,000

20

3121 Cliff Ave.,
Richmond, VA 23222

30

Brookland Park

House

R-5

0.143

1,358

0/1.5

1924

$51,000

21

207 Minor St.,
Richmond, VA 23222

30

Barton Heights

Duplex

R-6

0.064

1,970

4/2

1920

$53,000

22

800 Akron St.,
Richmond, VA 23222

30

Washington Park

House

R-5

0.079

719

2/1

1963

$58,000

23

710 Oak Park Ave.,
Richmond, VA 23222

30

Washington Park

House

R-5

0.079

1,309

3/1

1925

$66,000

24

3214 2nd Ave.,
Richmond, VA 23222

30

North Highland Park

House

R-6

0.112

1,680

0/0

1900

$71,000

25

3310 2nd Ave.,
Richmond, VA 23222

30

North Highland Park

House

R-6

0.225

2,288

4/0

1910

$67,000

26

1701 3rd Ave.,
Richmond, VA 23222

30

Highland Park

Lot

R-6

0.225

N/A

N/A

N/A

$27,000

27

2208 3rd Ave.,
Richmond, VA 23222

30

Highland Park

House

R-6

0.289

2,922

5/2

1920

$70,000

28

2304 4th Ave.,

Richmond, VA 23222

30

Highland Park

House

R-6

0.096

1,624

3/2

1920

$86,000

29

3125 4th Ave.,
Richmond, VA 23222

30

Highland Park

House

R-6

0.086

1,596

0/1

1920

$39,000

30

3301 4th Ave.,
Richmond, VA 23222

30

Highland Park

House

R-6

0.123

1,183

3/1

1928

$38,000

31

3306 5th Ave.,
Richmond, VA 23222

30

Highland Park

Lot

R-6

0.143

N/A

N/A

N/A

$15,000

32

3126 Alvis Ave.,
Richmond, VA 23222

30

Brookland Park

House

R-5

0.143

1,050

0/1

1946

$85,000

33

2111 Barton Ave.,
Richmond, VA 23222

30

Barton Heights

House

R-6

0.135

1,728

4/2

1924

$115,000

34

3210 Barton Ave.,
Richmond, VA 23222

30

Brookland Park

House

R-6

0.149

2,036

3/1

1925

$87,000

35

9 Overbrook Rd., 
Richmond, VA 23222

30

Battery Park

House

R-6

0.112

2,060

3/1

1920

$100,000

36

3611 Edgewood Ave.,
Richmond, VA 23222

30

Wrights Park

House

R-4

0.172

1,013

3/1

1957

$102,000

37

2509 North Ave.,
Richmond, VA 23222

30

Brookland Park

House

R-6

0.170

1,758

3/2

1929

$146,000

38

WITHDRAWN-2606 North Ave.,
Richmond, VA 23222

30

Battery Park

House

R-6

0.145

2,358

3/2

1921

$126,000

39

2109 Y St.,
Richmond, VA 23223

10

East End/Brauers

Lot

R-5

0.092

N/A

N/A

N/A

$18,000

40

962 Pink St.,
Richmond, VA 23223

10

Church Hill

Lot

R-63

0.065

N/A

N/A

N/A

$20,000

41

964 Pink St.,
Richmond, VA 23223

10

Church Hill

Lot

R-63

0.064

N/A

N/A

N/A

$20,000

42

1606 N. 21st St.,

Richmond, VA 23223

10

East End/Brauers

House

R-6

0.161

1,140

3/1

1940

$60,000

43

1807 N. 21st St.,
Richmond, VA 23223

10

East End/Brauers

House

R-5

0.143

1,504

3/2

1925

$35,000

44

WITHDRAWN-1412 N. 22nd St.,
Richmond, VA 23223

10

East End/Brauers

House

R-6

0.066

1,232

4/0

1900

$29,000

45

WITHDRAWN-1416 N. 22nd St.,
Richmond, VA 23223

10

East End/Brauers

House

R-6

0.064

1,194

3/1

1900

$56,000

46

1412 N. 23rd St.,
Richmond, VA 23223

10

East End/Brauers

Lot

R-6

0.066

N/A

N/A

N/A

$20,000

47

608 N. 29th St.,
Richmond, VA 23223

10

Church Hill North

Lot

R-63

0.021

N/A

N/A

N/A

$23,000

48

1511 N. 29th St.,
Richmond, VA 23223

10

Church Hill North

Lot

R-5

0.152

N/A

N/A

N/A

$18,000

49

1008 N. 35th St.,
Richmond, VA 23223

10

East End/Oakwood

House

R-5

0.172

1,628

3/1

1915

$109,000

50

1210 N. 35th St.,
Richmond, VA 23223

10

East End/Oakwood

House

R-5

0.086

1,430

3/1

1920

$77,000

51

2307 Carrington St.,
Richmond, VA 23223

10

Church Hill Central

Lot

R-63

0.044

N/A

N/A

N/A

$20,000

52

2511 Whitcomb St.,
Richmond, VA 23223

10

Whitcomb

House

R-5

0.112

942

3/1

1957

$34,000

53

1428 Oakwood Ave.,
Richmond, VA 23223

10

East End/Oakwood

House

R-5

0.073

784

2/1

1924

$35,000

54

WITHDRAWN-1909 Chelsea St.,
Richmond, VA 23223

10

Whitcomb

House

R-5

0.110

624

3/1

1946

$38,000

55

2115 Ford Ave.,
Richmond, VA 23223

10

Whitcomb

House

R-5

0.137

1,156

3/1

1900

$46,000

56

2708 Selden St.,

Richmond, VA 23223

10

Creighton

House

R-5

0.198

1,372

3/2

1976

$68,000

57

1400 Melton Ave.,
Richmond, VA 23223

10

East End/Oakwood

House

R-5

0.072

1,160

2/1

1926

$77,000

58

112 S. Colonial Ave.,
Richmond, VA 23221

10

Carytown

Lot

R-6

0.064

N/A

N/A

N/A

$80,000

59

805 W. Clay St.,
Richmond, VA 23220

10

Carver

Townhouse

R-7

0.058

1,880

3/1

1900

$124,000

60

WITHDRAWN-2327 Grove Ave.,
Richmond, VA 23220

10

Fan District

Multi-Family
(5 Units)

R-6

0.165

5,221

0/5

1908

$554,000

61

2110-2112 Redd St.,
Richmond, VA 23223

10

Mosby Court

Multi-Family
(36 Units)

R-53

1.105

23,706

72/36

1964

$720,000

CONSIGNMENT PROPERTIES

62

3104 E. Broad St.,
Richmond, VA 23223

10

East End

House

R-6

0.082

2,530

3/2.5

1900

$271,000

63

9324 Jefferson Davis Hwy.,
North Chesterfield, VA 23237

52

North Chesterfield

Lot

C-3

0.849

N/A

N/A

N/A

$147,900

9532 Jefferson Davis Hwy.,
North Chesterfield, VA 23237

52

North Chesterfield

Lot

R-7

1.000

N/A

N/A

N/A

$37,800

64

607 Masonic Ln.,
Richmond, VA 23223

42

Windsor Place

House
($13,140/YR.)

R-4

0.215

1,002

4/2

1956

$74,800

65

4514 Nine Mile Rd.,
Richmond, VA 23223

42

Windsor Place

House
($17,100/YR.)

R-4

0.550

1,905

5/3

1942

$120,900

66

1109 N. 32nd St.,
Richmond, VA 23223

10

Oakwood

House
($13,140/YR.)

R-6

0.093

1,202

3/2

2008

$113,000

67

1321 N. 34th St.,
Richmond, VA 23223

10

Oakwood

House
($13,320/YR.)

R-5

0.108

1,542

3/2

2007

$152,000

68

00 Tidewater Trl.,
Rappahannock Academy, VA

N/A

Caroline County

Lot

RP

4.640

N/A

N/A

N/A

$48,740

69

00 Princess Anne Rd.,
Virginia Beach, VA 23453

N/A

Princess Anne

Lot

R-7.5

0.186

N/A

N/A

N/A

$14,900

70

20100 Stonewood Manor Dr.,
Petersburg, VA 23803

54

Matoaca

Development

R-7

8.329

N/A

N/A

N/A

$66,000

20101 Stonewood Manor Dr.,
Petersburg, VA 23803

54

Matoaca

Development

R-9

7.277

N/A

N/A

N/A

$31,500

71

3207 Enslow Ave.,
Richmond, VA 23222

30

North Highland Park

Lot

R-6

0.112

N/A

N/A

N/A

$15,000

72

514 St. Matthew St.,
Petersburg, VA 23803

57

Delectable Heights

House

R-2

0.164

936

3/1.5

1976

$56,600

73

603-605 St. Mark St.,
Petersburg, VA 23803

57

Myers

Duplex

(Unit 603 -

$4,800/YR.)

R-2

0.097

1,720

4/2

1931

$57,400

74

607-609 St. Mark St.,
Petersburg, VA 23803

57

Myers

Duplex

R-2

0.097

1,720

4/2

1931

$57,400

75

3300 3rd Ave.
aka 1310 Pollock St.,
Richmond, VA 23222

30

North Highland Park

Duplex

($19,200/YR.)

R-6

0.225

1,728

6/2

1988

$113,000

Lot 1 – 6421 Glyndon Ln. B & 6421 Glyndon Ln. C to be offered as one lot and must be sold together.

Lot 63 – 9324 & 9532 Jefferson Davis Hwy. to be offered as one lot and must be sold together.

Lot 70 – 20100 & 20101 Stonewood Manor Dr. to be offered as one lot and must be sold together.

 

TERMS AND CONDITIONS FOR THIS AUCTION
(Applies to City of Richmond Tax Delinquent Properties – Lots 1-61)
February 21, 2018 City of Richmond Tax Delinquent & Property Sale

 

Registration: All bidders shall be required to certify that he or she does not own, directly or indirectly, any real estate with an outstanding Notice of Violation under the local environmental, zoning or building code or outstanding real estate or other taxes to the City of Richmond. In the event the tax delinquent property is subject to a Notice of Violation under the Virginia Uniform Statewide Building Code, City Zoning Code or Environmental Codes, the bidder shall be required to submit a written work schedule and plan to abate all violations, which shall be approved by the appropriate department, in its sole discretion. The acceptance of the bid by the Special Commissioner shall not be construed as limiting any powers vested in the City.  The successful bid is subject to confirmation by the aforementioned Circuit Court pursuant to Section 58.1-3969 of the Code of Virginia.  Settlement shall occur at the time of the confirmation by the Circuit Court; otherwise Special Commissioner may forfeit deposit and avail themselves of any other legal or equitable right against the defaulting Purchaser, including costs of resale and any deficiency resulting from resale.  Special Commissioner’s Properties are sold subject to Court Confirmation. Additional terms may be announced at sale. Registration will begin at 3 PM EST on Sale Day (February 21, 2018) and the sale will start at 4 PM EST.

 

Deposit Amount: Registered bidders must present on auction day an initial deposit of $2,500 or 20% of the Total Purchase Price, whichever is greater. (Total Purchase Price is calculated as the high bid plus the 10% Buyer’s Premium). Deposit must be cash, certified or cashier’s check made payable to Motleys Asset Disposition Group.  The deposit may also be made by personal/company check accompanied by an irrevocable letter of guarantee with the current date on bank letterhead.  Sample Bank Letter: “This irrevocable letter of guarantee will guarantee checks made payable to Motleys Asset Disposition Group and is issued to ____________ (customer’s name) who is a customer of this bank.  This bank will guarantee unconditional payment to Motleys Asset Disposition Group on account #__________ up to the amount of $__________.”

 

If the deposit, online or in-person, is not confirmed and processed at the time of sale, Motleys reserves the right to immediately reauction the property.  This will be considered a default by the buyer (see “Default by Buyer”).

 

Motleys reserves the right to revoke all bidding privileges for any buyer, online or in-person, that does not fully comply with all terms and conditions set forth in this auction.

 

NOTE: Any buyer anticipating large purchases (in excess of $100,000) should notify Motleys of their intent before the auction.  Failure to do so may limit or terminate any future bidding activity from that buyer.

 

Buyer’s Premium: A Buyer’s Premium of ten percent (10%) will be added to the high bid and included in the total selling price paid by the buyer.

 

Closing: All properties are being sold subject to court confirmation.  Court hearing for confirmation is anticipated to occur on April 30, 2018. The balance of purchase price and “required documents” are due on or by close of business on March 23, 2018.  Closing is to occur after court confirmation. Upon settlement, buyer will be provided a Special Warranty Deed or a Special Commissioner’s Deed upon court confirmation for the property with adjustment of real property taxes made as of the date of sale and all fees and prorated taxes to be paid by Purchaser.  Risk of loss shall be upon Purchaser from time of confirmation by the Circuit Court.  TIME IS OF THE ESSENCE.

 

Broker Co-op: A three percent (3%) Broker Participation Fee will be paid to brokers who represent the winning bidder on the property.  Broker participation forms must be received 24 hours prior to auction. Please see Broker Participation Form for full details. For a Broker Participation fee to be paid & be qualified, the high bid of the property must be $20,000.00 or higher.

 

Auctioneer’s Authority on Bidding Procedures and Bidding:

 

Bidding Procedures: Open and verbal.  Announcements made on the day of the auction will take precedence over all printed material or oral statements made.  (1) Method, order of sale, and bidding increments shall be at the sole discretion of the auctioneer.  (2) The auctioneer reserves the right to delete or add additional properties at his discretion.  (3) Auctioneer may act to protect the seller's reserve, as an agent of the seller, by bidding through the auctioneer.  (4) The auctioneer may open bidding on any property below the reserve by placing a bid on behalf of the seller.  (5) The auctioneer may continue to bid on behalf of the seller up to the amount of the reserve, either by placing consecutive bids or by placing bids in response to other bidders. The auctioneer shall have absolute and sole discretion in the order and conduct of the auction.  The auctioneer has the authority, at his sole and absolute discretion, to deviate from, change, alter, or modify, the bidding procedures and conduct of the auction at any time including after commencement of the auction.

 

Bidding: All Bidding is open to the public without regard to race, color, sex, religion, or national origin.  As used in these conditions of sale the term "the final bid" means the highest bid acknowledged by the auctioneer, and the term "purchase price" means the sum of the final bid and the buyer’s premium.  The highest bidder acknowledged by the auctioneer shall be the buyer.  The auctioneer has the right to reject any bid or raise any bid which, in his opinion, is not commensurate with the value of the property being offered.  The auctioneer may advance the bidding at his absolute discretion and, in the event of any dispute between bidders, may determine the successful bidder or re-offer and resell the property in dispute.  Should there be any dispute after the sale; record of final sale shall be conclusive.

 

Bidder's Card: All Bidders are required to have a Bidder's Number to bid.  To obtain a Bidder's Number, a registration form must be filled out giving full name, address and phone number.  This information must be verified by proper identification.  Evidence of correct form of deposit must be made in order to register at the auction. 

 

Bid Execution: Bids which are submitted to Auctioneer in writing or otherwise left with Auctioneer prior to an auction (Order Bids) for execution at or below a specified price shall be entertained and executed by Auctioneer for the convenience of bidders.  Auctioneer shall not be responsible for failing to execute such bids or for errors relating to the execution of such bids.

 

Buyer's Premium: A 10% buyer's premium shall be paid by the Buyer and will be added to the final bid on the property.

 

Example:                          High bid on property is:                      $100,000

                                           Add 10% buyer's premium:                + 10,000

                                           Total on Sales Contract:                      $110,000

 

Closing Costs: The deed shall be prepared and acknowledged by Seller at Seller’s expense and recorded at the expense of Buyer.   The buyer shall pay all title searches, title insurance charges, survey expenses, usual conveyance expenses, and recordation taxes, including the Grantor’s Tax.  Real estate taxes, water and sewer charges, if any, will be prorated as of the date of closing.

 

Title: Title to the offered property shall pass to the buyer at formal settlement.

 

Possession: Possession shall be delivered at the time of confirmation of the bid by the Court and recordation of the deed.  If said premises are tenanted or subject to a tenancy in whole or in part at the time of final settlement, possession shall be delivered subject to such tenancy.

 

FinancingSale of the property is not contingent upon the buyer obtaining financing.

 

Acknowledgement of Code ViolationsThe Buyer acknowledges that by purchasing the Property he/she assumes responsibility for abatement of building, environmental, zoning or other City Code violations that may exist on the Property and agrees to contact the appropriate City Department within sixty (60) days of the purchase of the Property to provide an abatement plan for any Code violations.

 

Default by Buyer: Should Buyer fail to make settlement as provided in this Agreement, Buyer shall be deemed in default and the Buyer’s Deposit may be retained by Seller, either on account of the purchase money or as compensation for the damages and expenses Seller has incurred, as Seller shall elect.  In the latter event, Seller’s and Auction Firm’s liability hereunder to Buyer shall absolutely cease.  In the alternative, Seller may resort to any other action or remedy in law or equity that may be available, including legal action to collect the costs of resale and any deficiency resulting from resale.  Upon default by the Buyer, Seller shall forward funds paid to the Seller by the Buyer, or some portion thereof, to Motleys to satisfy any obligations owed to Motleys.

 

Conditions of Default: If any conditions contained herein are not complied with by the buyer, Auctioneer may, in addition to asserting all remedies available by law, including the right to hold defaulting buyer liable for the purchase price, either, a) cancel the sale, retaining as liquidated damages any payment made by such buyer, b) resell the property without reserve at public auction or privately on seven days' notice to such buyer, or c) take such other action as it deems necessary or appropriate.  If Auctioneer resells the property, the original defaulting buyer shall be liable for the payment of any deficiency between the purchase price and all costs and expenses, the expenses of both sales, reasonable attorney's fees, commissions, incidental damages and all other charges due hereunder.  In any event; the buyer’s, earnest money deposit will be retained by Auctioneer as liquidated damages.

 

State Laws: The respective rights and obligations of the parties with respect to the Conditions of Sale and the conduct of the auction shall be governed and interpreted by the laws of the state in which the auction is held. By bidding at an auction, whether present in person or by agent, by written bid, telephone or other means, the buyer shall be deemed to have consented to the jurisdiction of the courts of such state and the federal courts sitting in such state.

 

Real Estate Brokers/Agents/AuctioneersA fee equal to a specified commission calculated on the successful purchaser's final bid (not including any Buyer's Premium), will be paid (where allowed by law) to any qualified broker/auctioneer who is duly licensed in the state where the property is located, and whose properly registered client successfully buys and closes on the property.  To qualify for a commission, the licensed broker/agent must first register the prospective bidder by mail or fax, (804) 232-3301 on Motley’s Broker Participation Acknowledgment Form, with Motleys Asset Disposition Group, 3600 Deepwater Terminal Rd Richmond, VA 23234.  Registration letters must be countersigned by the prospect and include the broker's and agent's or auctioneer's license number, identification of the property, any agency disclosure statements, the letter and participation acknowledgment form.  All forms, letters and statements must be received no later than 5:00 P.M. one day (24 Hours) prior to the auction.  In addition, agents/auctioneers must also attend with and register their prospects at the auction.

 

InspectionAll property is sold "As Is, With All Faults."  Descriptions are provided as a service to customers only and do not constitute a warranty, either expressed or implied.  Auctioneer disclaims all responsibility for physical condition.  All buyers are responsible for prior inspection of properties on which they bid, and by bidding are deemed to have so inspected the property.  Placing a bid on the offered property, whether in person, or by agent, by written bid, telephone bid or other means, constitutes an agreement by bidder to these conditions of sale.  For residences built prior to 1978, buyer waives the right to a 10-calendar-day opportunity to conduct a risk assessment or inspection for the presence of Lead-Based Paint and/or Lead-Based Paint Hazards. Square footage dimensions and acreage are approximate and should be independently verified prior to bidding.  Auctioneer, its agents and subagents, and the sellers assume no liability for errors or omissions in this or any other property listing or advertising or promotional/publicity statements and materials. Although information has been obtained from sources deemed reliable, the auctioneer makes no guarantee as to the accuracy of the information herein contained or in any other property listing or advertising or promotional/publicity statements and materials.

 

Megan’s Law DisclosurePurchaser(s) should exercise whatever due diligence they deem necessary with respect to information on any sexual offenders registered.  Such information may be obtained by contacting your local police department or the Department of State Police. Should any terms set forth in these Terms and Conditions be inconsistent with the terms of the Purchase Agreement to be executed by the successful bidder, the terms of the Purchase Agreement shall control.

 

Online Bidding:

  

IN THE EVENT OF ONLINE BIDDING DISRUPTION OR FAILURE, PLEASE CALL OUR OFFICE AT (804) 232-3300.

 

                   PRIOR TO BIDDING, ONLINE BIDDERS MUST DO ONE OF THE FOLLOWING:

  • Provide a MasterCard, Visa or Discover credit card with open credit of $2,500.00 for each Property you wish to bid on. Agreeing to the terms is authorization to place a hold on a major credit card.
    • A 3% handling charge is to be added for all major credit cards except American Express
    • A 4% handling fee is to be added for all American Express cards.
  • Deliver cash, certified or cashier's check $2,500.00 for each Property you wish to bid on, made payable to Motleys Asset Disposition Group; or
  • Wire funds to Motleys Asset Disposition Group (email info@motleys.com for wire information)

To obtain a Bidder's Number/Username, a registration form must be filled out giving full name, address and phone number (and deposit must be received as described above). Visit motleys.com to obtain.

 

If you are the highest bidder for a property and are using the online bidding platform to participate in the auction, you must electronically sign the contract through DocuSign within thirty (30) minutes of the hammer falling for that property.

 

Bid Execution: Bids are also accepted live / in person in addition to the Internet.  Motleys is not responsible for failing to execute bids due to bidder’s technological difficulties. 

 

Technical Problems: Motleys has made reasonable efforts to provide for online bidding for this sale. You recognize and acknowledge, however, that technical problems with hardware, software, or internet connectivity, as well as human errors, may arise and may affect, without limitation, the sale website, our online bidding program and process, your or our internet service and access, and your connection to this sale bidding program and process. You further acknowledge that these and other technical problems may develop at any time and with or without notice. You acknowledge and agree that neither we nor the Seller is in anyway responsible for any such technical problems, and that you have no absolute or other right to be able to bid on this sale in the event of any such technical problems. Notwithstanding the foregoing, you further acknowledge and agree that, in the event of any such technical problems, we reserve the right to postpone or cancel the sale and/or extend the bidding time for this sale and/or relist the property for sale at another time, in our sole discretion, and that our decision with regard to any such actions is and will be final. Bidders must take care in entering bids, and each Bidder will be responsible for all bids placed under the Bidder’s approved registration. Once entered and recorded online, a bid is deemed to be final on behalf of the registered Bidder and may not be modified, retracted or rescinded in whole or in part.