Premier Quarry Creek Building Lots

Secured Party Real Estate Auction

 

Wednesday, August 12^th at 11:00AM

Registration Begins at 10:30AM

AUCTION HELD AT THE KANAWHA COUNTY COURTHOUSE

 

Premier Quarry Creek Building Lots

 

Subject One – Quarry Ridge South- Charleston, WV

Premier Estate or Development Opportunity in Quarry Creek

·       3.4± total acres across 3 separate parcels

·       Rare opportunity to build a custom estate with room for a pool, guest house, detached garage, and more

·       Potential to subdivide for multiple luxury home sites

·       Beautiful views overlooking one of Charleston's premier residential communities

·       Public utilities available

·       Located in the prestigious Quarry Creek/Quarry Ridge community, just minutes from downtown Charleston, CAMC Memorial Hospital, shopping, dining, and major roadways.

·       HOA community – Buyers are encouraged to review all HOA covenants, restrictions, architectural guidelines, fees, and building requirements prior to bidding.

Lots 90, 92 & 94 of District 9, Map 46, Parcel 70

Subject Two – Quarry Ridge South- Charleston, WV

Ready-to-Build Homesite

·       1.4± acre residential lot

·       Ready-to-build with utilities available

·       Ideal for a custom home in an established luxury neighborhood

·       Peaceful setting with convenient access to Charleston, hospitals, shopping, restaurants, and interstate travel.

·       HOA community – Buyer should review all HOA rules, regulations, building restrictions, and fees before purchasing.

Lot 91 of District 9, Map 46, Parcel 70

Subject Three – Graff Lane – Charleston, WV

Level Building Lot in Desirable Quarry Creek

·       1.74± acres

·       Fairly level homesite offering an easier building footprint

·       Ready-to-build lot with utilities available (buyer to verify)

·       Located in one of Charleston's most sought-after residential developments

·       Minutes to downtown Charleston, Kanawha City amenities, hospitals, shopping, and dining.

·       HOA community – Buyer is responsible for reviewing HOA covenants, architectural requirements, fees, and restrictions.

Lot 103 of District 9, Map 46, Parcel 70

Subject Four – Graff Lane- Charleston, WV

Private Cul-de-Sac Building Lot

·       1.66± acre homesite

·       Situated at the end of a quiet cul-de-sac

·       Great setting for a custom-built home with added privacy

·       Utilities available (buyer to verify)

·       Conveniently located near Charleston's business district, medical facilities, shopping, restaurants, and recreation.

·       HOA community – Buyers should familiarize themselves with all HOA rules, restrictions, fees, and architectural guidelines prior to bidding.

Lot 111 of District 9, Map 46, Parcel 70

 

 

TERMS OF SALE

 

The Real Property will be sold for cash in hand on the date of sale, or under any different, other, or additional sale terms as the Successor Trustee, in his or her reasonable discretion, determines to be appropriate or advisable. The sale shall be further subject to the following:

1.           Real estate taxes delinquent, due or payable or to become due and payable, all of which shall be the responsibility of the purchaser;

2.           Any statutory lien or liens that may affect the subject property;

3.           All covenants, conditions, restrictions, reservations, easements and rights-of-way appearing of record in the chain of title to the property, or which may be visible from a physical inspection of the subject property;

4.           All liens and encumbrances of any nature whatsoever, including, without limitation, liens for real estate taxes, incinerator, sanitary and sewer charges, having priority over the deeds of trust referred to herein.

5.           The purchaser at the sale shall be responsible for paying the costs of recording the Successor Trustee’s Deed and the tax imposed by the State of West Virginia on the privilege of transferring real property (the cost of the tax stamps to be affixed to the Deed).

6.           All of the property to be sold will be sold “AS IS, WHERE IS” in the present condition and with all faults and defects, if any, and without any warranty or representation, express of implied. The Successor Trustee shall be under no duty to cause any existing tenant or person occupying the Real Property to vacate said property. The Successor Trustee will deliver a trustee’s deed to the purchaser without any covenant or warranty (express or implied) in the form prescribed by W. Va. Code § 38-1-6. The Successor Trustee makes no representations and warranties about the title to the real estate to be conveyed. If the Successor Trustee is unable to convey insurable or marketable title to the purchaser for any reason, purchaser’s sole remedy is return of deposit.

7.           In the event that there are federal tax liens against the property, the United States would have the right to redeem the property within a period of 120 days from the date of such sale or the period allowable for redemption under local law, whichever is longer.

8.           The undersigned Successor Trustee expressly reserves the right to reject any and all bids, and the right to adjourn the sale from time to time without notice other than oral proclamation at the time and place appointed for the sale. Such adjournment may be for a period of time deemed expedient by the beneficial owner and shall not be construed to be a waiver of the right to make the sale contemplated by this Notice.

9.           The beneficiary of the Deeds of Trust and holder of the Note thereby secured reserves the right to submit a bid for the Real Property at the sale, which bid may be in the form of a credit bid.

10.         The successful bidder will be required to execute a memorandum of sale upon the acceptance of the successful bid by the Successor Trustee.

11.         The sale is subject to post-sale confirmation that none of the grantors filed for bankruptcy protection before the conclusion of bidding, in which case the sale will be null and void and the purchaser’s sole remedy, at law or in equity, will be return of deposit without interest.

12.         The trustee’s sale may be open to online bidders.

13.         A 10% buyer’s premium will be added to the high bid for the Real Property. The high bidder shall pay the buyer’s premium plus an additional 10% of its bid on the day of the sale (the “Good Faith Deposit”), with the balance to be paid in cash at closing within 14 days after the date of sale.

14.         To the extent there exists any discrepancy between the legal description of the Real Property or terms of sale in this Notice and any other third-party marketing materials, the legal description and terms of sale in this Notice shall control.

Additional terms of sale may be announced prior to the sale.