House & Acreage Farmington, NC Jean Smith Estate

Pre-Auction Offer Has Been Accepted!
We are proud to represent the estate of Mrs. Jean F Smith (deceased).
This lovely home is located in historic Farmington on just over 2 acres. With  new carpet and windows, tile flooring, updated electric and new fixtures, this home is move in ready! There are 3 bedrooms and 2 full baths. The home offers a den, living room with fireplace, eat-in kitchen with beautiful granite counters. Roomy dining room off kitchen features a butlers pantry. Large utility and canning room. Many upgrades and improvements have been completed.
A 2 car enclosed attached carport PLUS a 1 bay garage/workshop with water and power. Bid your way TODAY!

• A 10% buyer's premium will be applied to the high bid to create the total contract purchase price
• Property is subject to any and all State or Local zoning restrictions, easements recorded or unrecorded
• Auctioneer represents the sole interests of the Seller alone
• Closing will occur within thirty (30) days of contract execution
•  Deposit will be $2,000.00 due within 24 hours of contract execution and held in escrow by Seller's attorney. This deposit will be a credit to Buyer only at closing. Buyer may cancel the contract and will be entitled to a refund of this deposit only if the property does not appraise for contract price or higher and/or Seller can't provide clear title
• Buyer to pay real estate taxes on a prorated basis based on closing date
• Buyer will pay all customary real estate closing costs including but not limited to, recording of the deed, title examination fees, title insurance cost, attorney fees, survey, inspections, home owner’s insurance, etc.
• Property is being sold in “AS, IS, WHERE IS” condition with no warranties provided (See Home Inspection Report)
• Property is being sold “Subject to Seller Confirmation”. Highest bid will be presented to Seller upon close of the auction. Seller may accept, counter or reject highest bid. If your bid is confirmed you will be required to sign a sales contract incorporating the terms listed here within 24 hours of notice of acceptance.
• Online Auctions are timed events and all bidding will begin to close at a specified time. There is an auto-extend feature, which means that any bid placed in the final five (5) minutes of an auction will automatically extend the bidding for five (5) minutes from the time the bid was placed. For example, if an auction is scheduled to close at 6:00 and a bid is received at 5:56+, the close time will automatically extend for another 5-minute increment. The auto-extend feature will continue until there is a five (5) minute “quiet” period in which no new bids have been received; at this time the auction will close.
• The Swicegood Group, Inc. is not responsible for any missing or incorrect listing information. We have attempted to provide accurate descriptions. However, it is the bidder’s responsibility to conduct any inspections to determine the condition and feasibility of the bidder’s intended use. Descriptions that are provided by 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. By placing a bid, this creates a contractual agreement to purchase the property at the high bid price subject to Seller Confirmation and any additional fees that might apply towards the closing of the real estate.
• The identity of all bidders will be verified via credit card which t is required for registration. Bidding rights are provisional, and if complete verification is not possible, The Swicegood Group, Inc. has the right to reject the registration, and bidding activity will be terminated. The Seller and The Swicegood Group, Inc. reserve the right to refuse service to any person who we feel, in our estimation is fraudulent.
• Bidder agrees to keep their username and password confidential, as they are responsible for ANY and ALL activity involving their account. When using the web site you must obey any and all local state and federal laws. Violations will result in termination of web site use privileges.
•  In the event someone is bidding on behalf of a business entity or corporation, the individual submitting the bid enters into a guaranty agreement, guaranteeing the bids placed and to abide by the Terms and Conditions of the auction.