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4300 St Andrews Road, Columbia, SC 29210

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4300 St Andrews Road, Columbia, SC 29210
358167 00--DH-/06-2020

SELLS WITHOUT RESERVE
Former bank branch with 3,835+/- sf on 1.13+/- acres. Drive thru lanes and 35 parking spaces. Taxes approx $20,690 ('19).

Do not bid on the property without review of the due diligence materials including the contract for sale. Due diligence materials available upon return of the CNRA posted in the Helpful Tools & Links section of the property website.

Auction Starts:
10:00 AM EDT Monday, June 22, 2020

Auction Ends:
12:00 PM EDT Wednesday, June 24, 2020

Open to the Public:
11-2pm Friday June 5

SELLS WITHOUT RESERVE

Note: A Buyer’s Premium (Buyer’s Fee in WI) will apply for this property. Please see Terms of Sale for details.

Legal Description:
TRACT 1 FEE: ALL THAT CERTAIN PIECE, PARCEL OR TRACT OF LAND LOCATED IN THE COUNTY OF LEXINGTON, STATE OF SOUTH CAROLINA, MEASURING AND CONTAINING 0.97 ACRE, MORE OR LESS, AS SHOWN ON A PLAT DATED MARCH 4, 1993, LAST REVISED APRIL 13, 1993, PREPARED FOR NATIONSBANK OF SOUTH CAROLINA BY CIVIL ENGINEERING OF COLUMBIA AND RECORDED IN PLAT BOOK 260, PAGE(S) 172 IN THE LEXINGTON COUNTY RMC OFFICE, SAID TRACT OF LAND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT AN IRON PIN LOCATED ON THE NORTHERN RIGHT-OF-WAY LINE OF ST. ANDREWS ROAD (S.C. HWY. S32-36), SAID PIN BEING THE JOINT CORNER WITH PROPERTY OF STERN & STERN AND ASSOCIATES; THENCE LEAVING THE RIGHT-OF-WAY LINE OF ST. ANDREWS ROAD NORTH 23-56-16 WEST FOR A DISTANCE OF 14.43 FEET TO AN IRON PIN; THENCE NORTH 22-18-24 EAST FOR A DISTANCE OF 116.49 FEET TO AN IRON PIN; THENCE NORTH 60-28-32 EAST FOR A DISTANCE OF 30.93 FEET TO AN IRON PIN; THENCE SOUTH 81-15-05 EAST FOR A DISTANCE OF 196.54 FEET TO AN IRON PIN; THENCE SOUTH 08-39-39 WEST FOR A DISTANCE OF 29.41 FEET TO AN IRON PIN; THENCE ALONG A CURVED LINE HAVING AN ARC LENGTH OF 164.58 FEET AND A CHORD BEARING OF SOUTH 00-46- 46 EAST FOR A CHORD DISTANCE OF 163.84 FEET TO AN IRON PIN; THENCE SOUTH 25- 38-21 WEST 23.25 FEET TO AN IRON PIN LOCATED ON THE NORTHERN RIGHT-OF-WAY LINE OF ST. ANDREWS ROAD; THENCE NORTH 64-59-14 WEST FOR A DISTANCE OF 188.79 FEET ALONG THE NORTHERN RIGHT-OF-WAY OF ST. ANDREWS ROAD TO AN IRON PIN; THENCE NORTH 70-00-18 WEST FOR A DISTANCE OF 81.07 FEET ALONG THE NORTHERN RIGHT-OF-WAY OF ST. ANDREWS ROAD TO THE POINT AND PLACE OF BEGINNING. AND TRACT TWO: ALL THAT CERTAIN PIECE, PARCEL OR TRACT OF LAND WITH IMPROVEMENTS THEREON, IF ANY, LOCATED IN THE COUNTY OF LEXINGTON, NEAR THE TOWN OF IRMO, STATE OF SOUTH CAROLINA AND BEING MORE PARTICULARLY SHOWN AND DESIGNATED AS 7,174 SQUARE FEET (0.16 ACRE) ON A PLAT PREPARED FOR NATIONSBANK OF SOUTH CAROLINA BY CIVIL ENGINEERING OF COLUMBIA, WILLIAM H. BROWN, P.E., R.L.S., DATED MARCH 4, 1993, LAST REVISED APRIL·19, 1993 AND HAVING THE FOLLOWING METES AND BOUNDS: COMMENCING AT THE POINT OF COMMENCEMENT ON THE NORTHERN RIGHT OF WAY OF ST. ANDREWS ROAD, 319' ± FROM THE CENTER LINE OF LEISURE LANE AND AT THE SOUTHWESTERN MOST POINT OF PROPERTY NOW OR FORMERLY OF M. STEWART MUNGO & STEVEN W. MUNGO, THENCE RUNNING IN A NORTHERLY DIRECTION ALONG A 40' ACCESS EASEMENT AND PROPERTY NOW OR FORMERLY OF M. STEWART MUNGO AND STEVEN W. MUNGO TO AN OLD IRON PIN AT THE POINT OF BEGINNING (P.O.B.). THENCE RUNNING NORTH 22°44'29 EAST TO A NAIL FOR A DISTANCE OF 31.85', THENCE RUNNING NORTH 52°49'34" EAST TO A NAIL FOR A DISTANCE OF 44.40' THENCE RUNNING NORTH 85°02'30" EAST TO A NAIL FOR A DISTANCE OF 14.72', THENCE RUNNING SOUTH 79°07'24" EAST TO A NAIL FOR A DISTANCE OF 25.78', THENCE RUNNING SOUTH 64°59'39" EAST TO A NAIL FOR A DISTANCE OF 78.94', THENCE RUNNING SOUTH 81°13'13" This page is only a part of a 2016 ALTA® Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I-Requirements; Schedule B, Part II-Exceptions. Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. Form 50004645 (8-23-18) Page 11 of 11 ALTA Commitment for Title Insurance (8-1-16) South Carolina EAST TO A NEW IRON PIN FOR A DISTANCE OF 66.77', THENCE TURNING AND RUNNING SOUTH 09°38'57" WEST TO AN OLD IRON PIN FOR A DISTANCE OF 24.04', THENCE TURNING AND RUNNING NORTH 81°15'05" WEST TO AN OLD IRON PIN FOR A DISTANCE OF 196.54', THENCE TURNING AND RUNNING SOUTH 60°28'32" WEST FOR A DISTANCE OF 30.93' TO THE P.O.B. BEING ALL MEASUREMENTS A LITTLE MORE OR LESS. TRACT THREE: TOGETHER WITH EASEMENTS CREATED UNDER THAT CERTAIN EASEMENT AGREEMENT RECORDED IN BOOK 2512, PAGE167, LEXINGTON COUNTY REGISTRY. County: LEXINGTON, SC APN: 002899-02-039

Terms of Sale:

Thank you for participating in this Williams & Williams Auction. It is important that you familiarize yourself with the terms and conditions as all sales are final and irrevocable. The terms of sale are non-negotiable. Good luck and good bidding!

Registration at the auction (online and/or in person) finalizes each bidder's agreement to the terms and conditions of sale as stated in the Contract and its Addenda which are incorporated by reference into your bidding. Do not bid until you have read the terms and conditions.  By bidding you are representing to Williams & Williams ("Broker" and/or "Auctioneer") and the seller that you have read and agree to be bound by the terms and conditions for this sale as stated herein. DO NOT BID unless you have registered, received a Bidder's Card and Auction Day Notes, and have read and agreed to be bound by the terms of sale in the Contract as they are enforceable against you upon becoming a high bidder.

All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale. Williams & Williams represents the Sellers only and does not inspect properties on bidder's behalf. Read the Contract and Auction Day Notes to determine the existence of any disclosures, exclusions, representations and disclaimers. Do not bid if you have not inspected the property(s). By bidding you agree to all disclosures.

Buyers receive a deed and Title Insurance Policy as provided by the Closer indicated in the Contract (any mobile/manufactured housing not legally affixed to the property shall only be conveyed by a Hold Harmless Agreement or Quit Claim Bill of Sale unless otherwise noted in the Disclosures). Current year's taxes are pro-rated through day of closing as is customary.

A Buyer's Premium (also known as the Purchaser’s Premium) of 5% will be added to the high bid and included in the total purchase price. Please see the Auction Day Notes, The Contract for Sale, and/or the Auctioneer for specifics about the property you wish to bid on.

Each high bidder must make a non-refundable deposit per property within 48 hours following auction equal to 10% of the high bid plus total Buyer's Premium/Purchaser's Premium. Cashier's checks and wire transfers are accepted. If you are a resident / citizen of a country outside of the US, certified funds (bank check, wire transfer, certified checks) are required for the down payment and closing. The balance of the purchase price and all closing costs are due at closing. See Contract for Closing Costs.  It is the Buyer’s responsibility to contact the title agency listed on the contract or real estate attorney for a property specific estimate prior to placing a bid.

Purchaser agrees to pay any commission due Purchaser's broker, if applicable.  A broker cannot act as a principal and a broker on the same transaction.

Bidding starts at the nominal Opening Bid(s) indicated and is open to the public. The Auctioneer reserves the right to group, add to, delete, withdraw, consolidate or break down lots and/or quantities offered, to sell out of scheduled sequence, to reject any bid which is only a fraction advance over the preceding bid, to regulate bidding, to accept or reject any or all bids, and to cancel or re-schedule an auction. The Auctioneer will call the sale and control any increments of bidding. To make a bid, raise your hand or Bid Card to be recognized. The bidding usually takes less than 3 minutes for each property. Absentee bids may be accepted at the discretion of the Auctioneer. The Auctioneer reserves the right to enter bids on behalf of absentee bidders. Any mistakes during bidding as to who has the high bid and/or at what price may be called to the Auctioneer's attention and corrected. The Auctioneer is the sole arbiter and controller of the conduct of the auction and shall be the final and absolute authority without liability to any party.

Your inspection of the property(ies) and attendance at this auction are at your own risk. Broker and Seller, their agents and employees, expressly disclaim any "invitee" relationship and shall not be liable to any person for damage to their person or property while in, on or about these properties, nor shall they be liable for any defects, dangers or conditions on the property(ies). All persons enter the property(ies) and attend the auction at their own risk and shall defend, indemnify, and save harmless Broker and Seller, their agents and employees, from any and all liability attendant thereto.

All properties offered for sale at auction under the "ABSOLUTE" or "WITHOUT RESERVE" designations are being offered for sale without reserve (i.e.) for the high bid price in each instance and are not subject to subsequent approval by any third party. All other auctions are subject to court or seller approval unless otherwise provided in the Contract and Auction Day Notes. Possession is not granted until filing of the deed at which time the property should be re-keyed. [Any mobile/manufactured housing on property will only be conveyed by a Hold Harmless Agreement or Quit Claim Bill of Sale unless otherwise noted].

If more than one property is being auctioned, the Auctioneer may choose to offer a group of the properties for auction at the same time. This is called "BUYER'S CHOICE" and is to accommodate buyers who have an interest in more than one property and/or have 2nd and 3rd choices if they are out bid for a favorite property. Upon winning the bid, please choose which property, or properties, you want. You pay the high bid price for each property selected. Each sale is final and stands alone. Remaining properties are then offered in another round of bidding. Anyone may bid at any time, including prior High Bidders.

Williams & Williams and the Seller expressly disclaim any liability for errors, omissions or changes regarding any information provided for these sales. Please read the Contract and Auction Day Notes for a full and complete understanding of Williams & Williams and Seller's disclaimers. Bidders are strongly urged to rely solely upon their own inspections and opinions in preparing to purchase property and are expressly advised to not rely on any representations made by the Seller or their agents and employees. Property information may change without notice and potential purchasers should investigate all data fully before relying upon it.

 

Auction Network
TERMS & CONDITIONS OF SERVICE

The property offered in this auction will be offered and sold by Williams & Williams Marketing Services, Inc. ("Williams & Williams"). Any questions regarding the auction process or a property should be directed to Williams & Williams or its designated representative. Auction Network, LLC ("Auction Network") serves solely as the online bidding service (the "Service") for Williams & Williams. Your use of the Service is governed by these Auction Network Terms & Conditions of Service, and the Auction Network Terms of Use located at the following URL: https://www.auctionnetwork.com/Site/TermsOfUse.asp, as amended from time-to-time by posted notices or oral announcements made during any auction.

Williams & Williams serves as the auctioneer, and represents the owner of the property at auction. The auction and conveyance of each property shall be governed by property specific Contract for Sale, Auction Day Notes, Disclosures, and the Williams & Williams Terms & Conditions of Sale. These documents govern your bid and the sale of each property, and can be accessed and reviewed at the Williams & Williams property specific web page.

DO NOT BID unless you have read the Williams & Williams Terms & Conditions of Sale, the Contract for Sale, Property Disclosures, and the Auction Day Notes for each property. BY PLACING YOUR BID, YOU AGREE TO BE BOUND BY THE PROPERTY SPECIFIC CONTRACT FOR SALE, DISCLOSURES, AUCTION DAY NOTES, AND THE WILLIAMS & WILLIAMS TERMS & CONDITIONS OF SALE.

Auction Network, Williams & Williams and the Seller are not responsible for technical difficulties during online or remote bidding. Occasionally, the Auction Network online bidding interface may be unable to submit bids in the live auction due technical difficulties including, without limitation, the lack of sufficient communication infrastructure at the location of the live auction. Online bidders are advised to place an absentee bid at least 1 day prior to the live auction to ensure their bid is entered into the live auction on the online bidder's behalf.

In the event of any conflict between Auction Network's Terms & Conditions of Service and the Williams & Williams Terms & Conditions of Sale, the Williams & Williams Terms & Conditions of Sale shall control in each instance.

Auction Network has no authority to, and does not provide, any guarantee, warranty, or covenant, of any kind or nature, regarding a property. Per the Williams & Williams Terms & Conditions of Sale, all properties auctioned are otherwise sold "AS-IS, WHEREIS" without any representation or warranty, express or implied, of any kind by Williams & Williams, Auction Network, or the respective seller, and with no financing, inspection or other contingencies to sale. Buyers must conduct their own due diligence and investigation of each property and must also investigate the suitability of each parcel prior to making a bid and purchase at the auction. Buyers must rely solely upon their own investigation and not any information provided by the Seller or Williams & Williams. Failure of a Buyer to be fully informed on the condition of a property will not constitute grounds for any claim adjustment or right to cancel sale.

Neither Auction Network nor Williams & Williams assumes any risk, liability or responsibility for the authenticity of the authorship of any property or livestock offered at this auction (that is, the identity of the creator or the period, culture, source or origin, or lineage, as the case may be, with which the creation of any property is identified).

The auctioneer has the right at his or her absolute and sole discretion to refuse any bid, to advance the bidding in such a manner as he or she may decide, to withdraw or divide any lot, to combine any two or more lots and, in the case of error or dispute, and whether during or after the sale, to determine the successful bidder, to continue the bidding, to cancel the sale or to reoffer and resell the item in dispute. If any dispute arises after the sale, our sale record is conclusive.

Any property may be withdrawn by Auction Network or Williams & Williams at any time before the actual sale without any liability therefore. If the auctioneer determines that any opening bid is not commensurate with the value of the article offered, he or she may reject the same and withdraw the article from sale, and if, having acknowledged an opening bid, he or she decides that any advance thereafter is insufficient, he or she may reject such advance.

These Auction Network Terms & Conditions of Service, Terms & Conditions of Use, Williams & Williams' Terms & Conditions of Sale, as well as the online buyer's rights and obligations hereunder, shall be governed by and construed and enforced in accordance with the laws of the State of Oklahoma. By bidding at this auction, whether in person or by agent, order bid, telephone, online, or other means, the buyer shall be deemed to have consented to the exclusive jurisdiction of the state and federal courts sitting in the State of Oklahoma.

You are registering to bid on the following properties, and as stated above, your bid, and the sale of the property, will be governed by the property specific Williams & Williams Contract for Sale, Disclosures, Auction Day Notes, and Terms & Conditions of Sale. Each of these documents are available for your review at the Williams & Williams property specific web page. DO NOT BID unless and until you review these documents. BY PLACING YOUR BID, YOU AGREE TO BE BOUND BY THE PROPERTY SPECIFIC CONTRACT FOR SALE, DISCLOSURES, AUCTION DAY NOTES, AND THE WILLIAMS & WILLIAMS TERMS & CONDITIONS OF SALE.

 

Disclosures:
• Buyer acknowledges that Bank of America employees and their spouse, domestic partners, dependent children and business entities in which an employee has an interest are prohibited from purchasing the properties.

• Square Footage Disclosure. The source of the square footage represented for the property is taken from the ALTA survey provided with the due diligence materials. Buyer understands and acknowledges that square footage measurements can vary from a few feet to several hundred feet regardless of source (County Assessor's records, appraisal or appraisal measurement report, etc.). Buyer shall satisfy that the size and/or square footage of the dwelling is acceptable to the Buyer.

• Buyer acknowledges receipt of all due diligence materials including but not limited to (and if applicable) available boundary surveys, Phase I or II reports, asbestos surveys, contract for sale, etc. Buyer can obtain said due diligence materials by returning a Confidentiality Agreement provided in the Helpful Tools & Links section of the website.

• Flood Plain Disclosure. Buyer acknowledges and understands that a portion of the Property is located within Zone AE floodway. Buyer is purchasing the Property as-is, where-is, and accepts all responsibility at buyer's sole expense for any remediation, fees, or terms required as a result of the Property being within a flood plain.

• All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale.

Property Type:
Office/Retail
Square Footage:
3,835+/- sf
Lot Size:
1.13+/- ac
Year Built:
N/A
Property ID:
358167

Property is being offered by: Williams & Williams7140 S. Lewis Ave Ste 200, Tulsa, OK 74136800.801.8003

Square footage & lot size per county records.

SC Broker: Daniel S. Nelson Re Lic 78034

Live Online
4300 St Andrews Road
Columbia, SC 29210
SELLS WITHOUT RESERVE
Property Type:Office/Retail
Description:3,835+/- sf | 1.13+/- ac
Sign In To Bid
Live Online Auction Jun 22 - Jun 24
Live Online
4300 St Andrews Road
Columbia, SC 29210
SELLS WITHOUT RESERVE
Property Type:Office/Retail
Description:3,835+/- sf | 1.13+/- ac
Sign In To Bid
Live Online Auction Jun 22 - Jun 24

Property is being offered by: Williams & Williams7140 S. Lewis Ave Ste 200, Tulsa, OK 74136800.801.8003

Square footage & lot size per county records.

SC Broker: Daniel S. Nelson Re Lic 78034

4300 St Andrews Road, Columbia, SC 29210
358167 00--DH-/06-2020

SELLS WITHOUT RESERVE
Former bank branch with 3,835+/- sf on 1.13+/- acres. Drive thru lanes and 35 parking spaces. Taxes approx $20,690 ('19).

Do not bid on the property without review of the due diligence materials including the contract for sale. Due diligence materials available upon return of the CNRA posted in the Helpful Tools & Links section of the property website.

Auction Starts:
10:00 AM EDT Monday, June 22, 2020

Auction Ends:
12:00 PM EDT Wednesday, June 24, 2020

Open to the Public:
11-2pm Friday June 5

SELLS WITHOUT RESERVE

Note: A Buyer’s Premium (Buyer’s Fee in WI) will apply for this property. Please see Terms of Sale for details.

Legal Description:
TRACT 1 FEE: ALL THAT CERTAIN PIECE, PARCEL OR TRACT OF LAND LOCATED IN THE COUNTY OF LEXINGTON, STATE OF SOUTH CAROLINA, MEASURING AND CONTAINING 0.97 ACRE, MORE OR LESS, AS SHOWN ON A PLAT DATED MARCH 4, 1993, LAST REVISED APRIL 13, 1993, PREPARED FOR NATIONSBANK OF SOUTH CAROLINA BY CIVIL ENGINEERING OF COLUMBIA AND RECORDED IN PLAT BOOK 260, PAGE(S) 172 IN THE LEXINGTON COUNTY RMC OFFICE, SAID TRACT OF LAND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT AN IRON PIN LOCATED ON THE NORTHERN RIGHT-OF-WAY LINE OF ST. ANDREWS ROAD (S.C. HWY. S32-36), SAID PIN BEING THE JOINT CORNER WITH PROPERTY OF STERN & STERN AND ASSOCIATES; THENCE LEAVING THE RIGHT-OF-WAY LINE OF ST. ANDREWS ROAD NORTH 23-56-16 WEST FOR A DISTANCE OF 14.43 FEET TO AN IRON PIN; THENCE NORTH 22-18-24 EAST FOR A DISTANCE OF 116.49 FEET TO AN IRON PIN; THENCE NORTH 60-28-32 EAST FOR A DISTANCE OF 30.93 FEET TO AN IRON PIN; THENCE SOUTH 81-15-05 EAST FOR A DISTANCE OF 196.54 FEET TO AN IRON PIN; THENCE SOUTH 08-39-39 WEST FOR A DISTANCE OF 29.41 FEET TO AN IRON PIN; THENCE ALONG A CURVED LINE HAVING AN ARC LENGTH OF 164.58 FEET AND A CHORD BEARING OF SOUTH 00-46- 46 EAST FOR A CHORD DISTANCE OF 163.84 FEET TO AN IRON PIN; THENCE SOUTH 25- 38-21 WEST 23.25 FEET TO AN IRON PIN LOCATED ON THE NORTHERN RIGHT-OF-WAY LINE OF ST. ANDREWS ROAD; THENCE NORTH 64-59-14 WEST FOR A DISTANCE OF 188.79 FEET ALONG THE NORTHERN RIGHT-OF-WAY OF ST. ANDREWS ROAD TO AN IRON PIN; THENCE NORTH 70-00-18 WEST FOR A DISTANCE OF 81.07 FEET ALONG THE NORTHERN RIGHT-OF-WAY OF ST. ANDREWS ROAD TO THE POINT AND PLACE OF BEGINNING. AND TRACT TWO: ALL THAT CERTAIN PIECE, PARCEL OR TRACT OF LAND WITH IMPROVEMENTS THEREON, IF ANY, LOCATED IN THE COUNTY OF LEXINGTON, NEAR THE TOWN OF IRMO, STATE OF SOUTH CAROLINA AND BEING MORE PARTICULARLY SHOWN AND DESIGNATED AS 7,174 SQUARE FEET (0.16 ACRE) ON A PLAT PREPARED FOR NATIONSBANK OF SOUTH CAROLINA BY CIVIL ENGINEERING OF COLUMBIA, WILLIAM H. BROWN, P.E., R.L.S., DATED MARCH 4, 1993, LAST REVISED APRIL·19, 1993 AND HAVING THE FOLLOWING METES AND BOUNDS: COMMENCING AT THE POINT OF COMMENCEMENT ON THE NORTHERN RIGHT OF WAY OF ST. ANDREWS ROAD, 319' ± FROM THE CENTER LINE OF LEISURE LANE AND AT THE SOUTHWESTERN MOST POINT OF PROPERTY NOW OR FORMERLY OF M. STEWART MUNGO & STEVEN W. MUNGO, THENCE RUNNING IN A NORTHERLY DIRECTION ALONG A 40' ACCESS EASEMENT AND PROPERTY NOW OR FORMERLY OF M. STEWART MUNGO AND STEVEN W. MUNGO TO AN OLD IRON PIN AT THE POINT OF BEGINNING (P.O.B.). THENCE RUNNING NORTH 22°44'29 EAST TO A NAIL FOR A DISTANCE OF 31.85', THENCE RUNNING NORTH 52°49'34" EAST TO A NAIL FOR A DISTANCE OF 44.40' THENCE RUNNING NORTH 85°02'30" EAST TO A NAIL FOR A DISTANCE OF 14.72', THENCE RUNNING SOUTH 79°07'24" EAST TO A NAIL FOR A DISTANCE OF 25.78', THENCE RUNNING SOUTH 64°59'39" EAST TO A NAIL FOR A DISTANCE OF 78.94', THENCE RUNNING SOUTH 81°13'13" This page is only a part of a 2016 ALTA® Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I-Requirements; Schedule B, Part II-Exceptions. Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. Form 50004645 (8-23-18) Page 11 of 11 ALTA Commitment for Title Insurance (8-1-16) South Carolina EAST TO A NEW IRON PIN FOR A DISTANCE OF 66.77', THENCE TURNING AND RUNNING SOUTH 09°38'57" WEST TO AN OLD IRON PIN FOR A DISTANCE OF 24.04', THENCE TURNING AND RUNNING NORTH 81°15'05" WEST TO AN OLD IRON PIN FOR A DISTANCE OF 196.54', THENCE TURNING AND RUNNING SOUTH 60°28'32" WEST FOR A DISTANCE OF 30.93' TO THE P.O.B. BEING ALL MEASUREMENTS A LITTLE MORE OR LESS. TRACT THREE: TOGETHER WITH EASEMENTS CREATED UNDER THAT CERTAIN EASEMENT AGREEMENT RECORDED IN BOOK 2512, PAGE167, LEXINGTON COUNTY REGISTRY. County: LEXINGTON, SC APN: 002899-02-039

Terms of Sale:

Thank you for participating in this Williams & Williams Auction. It is important that you familiarize yourself with the terms and conditions as all sales are final and irrevocable. The terms of sale are non-negotiable. Good luck and good bidding!

Registration at the auction (online and/or in person) finalizes each bidder's agreement to the terms and conditions of sale as stated in the Contract and its Addenda which are incorporated by reference into your bidding. Do not bid until you have read the terms and conditions.  By bidding you are representing to Williams & Williams ("Broker" and/or "Auctioneer") and the seller that you have read and agree to be bound by the terms and conditions for this sale as stated herein. DO NOT BID unless you have registered, received a Bidder's Card and Auction Day Notes, and have read and agreed to be bound by the terms of sale in the Contract as they are enforceable against you upon becoming a high bidder.

All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale. Williams & Williams represents the Sellers only and does not inspect properties on bidder's behalf. Read the Contract and Auction Day Notes to determine the existence of any disclosures, exclusions, representations and disclaimers. Do not bid if you have not inspected the property(s). By bidding you agree to all disclosures.

Buyers receive a deed and Title Insurance Policy as provided by the Closer indicated in the Contract (any mobile/manufactured housing not legally affixed to the property shall only be conveyed by a Hold Harmless Agreement or Quit Claim Bill of Sale unless otherwise noted in the Disclosures). Current year's taxes are pro-rated through day of closing as is customary.

A Buyer's Premium (also known as the Purchaser’s Premium) of 5% will be added to the high bid and included in the total purchase price. Please see the Auction Day Notes, The Contract for Sale, and/or the Auctioneer for specifics about the property you wish to bid on.

Each high bidder must make a non-refundable deposit per property within 48 hours following auction equal to 10% of the high bid plus total Buyer's Premium/Purchaser's Premium. Cashier's checks and wire transfers are accepted. If you are a resident / citizen of a country outside of the US, certified funds (bank check, wire transfer, certified checks) are required for the down payment and closing. The balance of the purchase price and all closing costs are due at closing. See Contract for Closing Costs.  It is the Buyer’s responsibility to contact the title agency listed on the contract or real estate attorney for a property specific estimate prior to placing a bid.

Purchaser agrees to pay any commission due Purchaser's broker, if applicable.  A broker cannot act as a principal and a broker on the same transaction.

Bidding starts at the nominal Opening Bid(s) indicated and is open to the public. The Auctioneer reserves the right to group, add to, delete, withdraw, consolidate or break down lots and/or quantities offered, to sell out of scheduled sequence, to reject any bid which is only a fraction advance over the preceding bid, to regulate bidding, to accept or reject any or all bids, and to cancel or re-schedule an auction. The Auctioneer will call the sale and control any increments of bidding. To make a bid, raise your hand or Bid Card to be recognized. The bidding usually takes less than 3 minutes for each property. Absentee bids may be accepted at the discretion of the Auctioneer. The Auctioneer reserves the right to enter bids on behalf of absentee bidders. Any mistakes during bidding as to who has the high bid and/or at what price may be called to the Auctioneer's attention and corrected. The Auctioneer is the sole arbiter and controller of the conduct of the auction and shall be the final and absolute authority without liability to any party.

Your inspection of the property(ies) and attendance at this auction are at your own risk. Broker and Seller, their agents and employees, expressly disclaim any "invitee" relationship and shall not be liable to any person for damage to their person or property while in, on or about these properties, nor shall they be liable for any defects, dangers or conditions on the property(ies). All persons enter the property(ies) and attend the auction at their own risk and shall defend, indemnify, and save harmless Broker and Seller, their agents and employees, from any and all liability attendant thereto.

All properties offered for sale at auction under the "ABSOLUTE" or "WITHOUT RESERVE" designations are being offered for sale without reserve (i.e.) for the high bid price in each instance and are not subject to subsequent approval by any third party. All other auctions are subject to court or seller approval unless otherwise provided in the Contract and Auction Day Notes. Possession is not granted until filing of the deed at which time the property should be re-keyed. [Any mobile/manufactured housing on property will only be conveyed by a Hold Harmless Agreement or Quit Claim Bill of Sale unless otherwise noted].

If more than one property is being auctioned, the Auctioneer may choose to offer a group of the properties for auction at the same time. This is called "BUYER'S CHOICE" and is to accommodate buyers who have an interest in more than one property and/or have 2nd and 3rd choices if they are out bid for a favorite property. Upon winning the bid, please choose which property, or properties, you want. You pay the high bid price for each property selected. Each sale is final and stands alone. Remaining properties are then offered in another round of bidding. Anyone may bid at any time, including prior High Bidders.

Williams & Williams and the Seller expressly disclaim any liability for errors, omissions or changes regarding any information provided for these sales. Please read the Contract and Auction Day Notes for a full and complete understanding of Williams & Williams and Seller's disclaimers. Bidders are strongly urged to rely solely upon their own inspections and opinions in preparing to purchase property and are expressly advised to not rely on any representations made by the Seller or their agents and employees. Property information may change without notice and potential purchasers should investigate all data fully before relying upon it.

 

Auction Network
TERMS & CONDITIONS OF SERVICE

The property offered in this auction will be offered and sold by Williams & Williams Marketing Services, Inc. ("Williams & Williams"). Any questions regarding the auction process or a property should be directed to Williams & Williams or its designated representative. Auction Network, LLC ("Auction Network") serves solely as the online bidding service (the "Service") for Williams & Williams. Your use of the Service is governed by these Auction Network Terms & Conditions of Service, and the Auction Network Terms of Use located at the following URL: https://www.auctionnetwork.com/Site/TermsOfUse.asp, as amended from time-to-time by posted notices or oral announcements made during any auction.

Williams & Williams serves as the auctioneer, and represents the owner of the property at auction. The auction and conveyance of each property shall be governed by property specific Contract for Sale, Auction Day Notes, Disclosures, and the Williams & Williams Terms & Conditions of Sale. These documents govern your bid and the sale of each property, and can be accessed and reviewed at the Williams & Williams property specific web page.

DO NOT BID unless you have read the Williams & Williams Terms & Conditions of Sale, the Contract for Sale, Property Disclosures, and the Auction Day Notes for each property. BY PLACING YOUR BID, YOU AGREE TO BE BOUND BY THE PROPERTY SPECIFIC CONTRACT FOR SALE, DISCLOSURES, AUCTION DAY NOTES, AND THE WILLIAMS & WILLIAMS TERMS & CONDITIONS OF SALE.

Auction Network, Williams & Williams and the Seller are not responsible for technical difficulties during online or remote bidding. Occasionally, the Auction Network online bidding interface may be unable to submit bids in the live auction due technical difficulties including, without limitation, the lack of sufficient communication infrastructure at the location of the live auction. Online bidders are advised to place an absentee bid at least 1 day prior to the live auction to ensure their bid is entered into the live auction on the online bidder's behalf.

In the event of any conflict between Auction Network's Terms & Conditions of Service and the Williams & Williams Terms & Conditions of Sale, the Williams & Williams Terms & Conditions of Sale shall control in each instance.

Auction Network has no authority to, and does not provide, any guarantee, warranty, or covenant, of any kind or nature, regarding a property. Per the Williams & Williams Terms & Conditions of Sale, all properties auctioned are otherwise sold "AS-IS, WHEREIS" without any representation or warranty, express or implied, of any kind by Williams & Williams, Auction Network, or the respective seller, and with no financing, inspection or other contingencies to sale. Buyers must conduct their own due diligence and investigation of each property and must also investigate the suitability of each parcel prior to making a bid and purchase at the auction. Buyers must rely solely upon their own investigation and not any information provided by the Seller or Williams & Williams. Failure of a Buyer to be fully informed on the condition of a property will not constitute grounds for any claim adjustment or right to cancel sale.

Neither Auction Network nor Williams & Williams assumes any risk, liability or responsibility for the authenticity of the authorship of any property or livestock offered at this auction (that is, the identity of the creator or the period, culture, source or origin, or lineage, as the case may be, with which the creation of any property is identified).

The auctioneer has the right at his or her absolute and sole discretion to refuse any bid, to advance the bidding in such a manner as he or she may decide, to withdraw or divide any lot, to combine any two or more lots and, in the case of error or dispute, and whether during or after the sale, to determine the successful bidder, to continue the bidding, to cancel the sale or to reoffer and resell the item in dispute. If any dispute arises after the sale, our sale record is conclusive.

Any property may be withdrawn by Auction Network or Williams & Williams at any time before the actual sale without any liability therefore. If the auctioneer determines that any opening bid is not commensurate with the value of the article offered, he or she may reject the same and withdraw the article from sale, and if, having acknowledged an opening bid, he or she decides that any advance thereafter is insufficient, he or she may reject such advance.

These Auction Network Terms & Conditions of Service, Terms & Conditions of Use, Williams & Williams' Terms & Conditions of Sale, as well as the online buyer's rights and obligations hereunder, shall be governed by and construed and enforced in accordance with the laws of the State of Oklahoma. By bidding at this auction, whether in person or by agent, order bid, telephone, online, or other means, the buyer shall be deemed to have consented to the exclusive jurisdiction of the state and federal courts sitting in the State of Oklahoma.

You are registering to bid on the following properties, and as stated above, your bid, and the sale of the property, will be governed by the property specific Williams & Williams Contract for Sale, Disclosures, Auction Day Notes, and Terms & Conditions of Sale. Each of these documents are available for your review at the Williams & Williams property specific web page. DO NOT BID unless and until you review these documents. BY PLACING YOUR BID, YOU AGREE TO BE BOUND BY THE PROPERTY SPECIFIC CONTRACT FOR SALE, DISCLOSURES, AUCTION DAY NOTES, AND THE WILLIAMS & WILLIAMS TERMS & CONDITIONS OF SALE.

 

Disclosures:
• Buyer acknowledges that Bank of America employees and their spouse, domestic partners, dependent children and business entities in which an employee has an interest are prohibited from purchasing the properties.

• Square Footage Disclosure. The source of the square footage represented for the property is taken from the ALTA survey provided with the due diligence materials. Buyer understands and acknowledges that square footage measurements can vary from a few feet to several hundred feet regardless of source (County Assessor's records, appraisal or appraisal measurement report, etc.). Buyer shall satisfy that the size and/or square footage of the dwelling is acceptable to the Buyer.

• Buyer acknowledges receipt of all due diligence materials including but not limited to (and if applicable) available boundary surveys, Phase I or II reports, asbestos surveys, contract for sale, etc. Buyer can obtain said due diligence materials by returning a Confidentiality Agreement provided in the Helpful Tools & Links section of the website.

• Flood Plain Disclosure. Buyer acknowledges and understands that a portion of the Property is located within Zone AE floodway. Buyer is purchasing the Property as-is, where-is, and accepts all responsibility at buyer's sole expense for any remediation, fees, or terms required as a result of the Property being within a flood plain.

• All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale.

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Selling your property? Find out if auction works for you.
Call 800.801.8003.
Selling your property? Find out if auction works for you.
Call 800.801.8003.