#2 • How to Buy Real Estate At Auction

Part of Lodge Hall at Chilton's .5 Acres +/- Montross VA Real Estate Auction (timed auction by Grindstaff's Auction Marketing Group LLC)

Starting at $1.00

Status: No sale

Ready to Bid? Here’s What to Do Next ... 1. Create Your Bidder Account Create a free bidder account or log in if you already have one. Be sure your contact information is accurate, as this is how we will notify you if you win. 2. Review the Terms Take a moment to read the auction terms, deposit requirement, buyer’s premium, and closing timeline. This auction sells AS-IS, WHERE-IS with no contingencies, so buyers should complete all due diligence before placing a bid. 3. Place Your Bid Bidding is open now. You may place a single bid or use the system’s max-bid feature so the platform bids for you automatically as needed. If another bidder outbids you, you will receive an instant notification. If You Win the Auction ... 1. Immediate Deposit Required A $10,000.00 deposit is due immediately following the close of the auction. This secures your purchase and removes the property from the market. 2. Sign the Purchase Agreement You will receive an email with the contract package. All required documents must be signed promptly to move forward. 3. Closing in 30 Days The balance of the purchase price is due at settlement within 30 days. Clear and marketable title will be provided. There are no financing or inspection contingencies, so buyers should be prepared to close on time. 4. Congratulations — the Home Is Yours Once closing is complete, you will receive the keys and full ownership of the property.   Working With an Agent? We welcome licensed real estate agents and encourage buyers to work with a professional who understands their needs. Agents should carefully review the auction terms, attend open houses with their buyers when possible, and submit the Agent Representation Form so that agency and compensation are clearly documented.