684 Hawk Mountain Rd, Lake Toxaway, NC 28747
REAL ESTATE AUCTION
3BR 3BA cabin in the Hawk Mountain community of Lake Toxaway. 2,900+/- sf home with extensive wrap-around deck, covered porch with vaulted ceiling, attached garage and fully finished basement. Exceptional interior has towering, exposed wood ceilings, hardwood floors, stone fireplace and loft space. Unique and charming features include furniture-style cabinetry in kitchen and baths, custom tile and light fixtures, wainscoting and claw-foot tub. Built in 1999 on approx 1.35 acre wooded lot. Lake Toxaway is a scenic resort destination featuring a private lake, country club, golf course, hiking, fishing and more, just a short drive from Asheville, Atlanta or Greenville. HOA: Lake Toxaway Community Association. HOA fees $2050/Y.
3:45 PM Saturday, October 22, 2011
On-Site or bid live from anywhere at auctionnetwork.com
Open to the Public:
1-4pm Sun Oct 9, 16 and 2 hours before auction.
Nominal Opening Bid:
Note: A Buyer’s Premium (Buyer’s Fee in WI) will apply for this property. Please see Terms of Sale for details.
The seller of this property requires that the high bidder be able to demonstrate proof of funds or financing pre-qualification before executing the contract of sale. If the purchase will be financed, please bring a copy of a Letter of Commitment from your lender that states the amount the borrower is qualified for. The letter should be on the lenders letterhead and be for at least 80% of the purchase price. If Purchaser does not yet have a Letter of Commitment, they may contact Well Fargo to obtain a free pre-qualification letter. Please call 877-937-9357 Mon-Fri 8am to midnight and Saturday 9am-5:30pm to obtain this. The pre-qualification letter must provide for at least 80% of the purchase price. If the purchase will be paid in full with cash, a bank letter or other financial account statement showing proof of sufficient funds to cover 100% of the purchase price will be required.
L037 HAWK MOUNTAIN RD County: TRANSYLVANIA, NC APN: 8523-30-3088-000 Census Tract / Block: / Alternate APN: 70181320 Township-Range-Sect: Subdivision: HAWK MOUNTAIN PH 01 Legal Book/Page: Map Reference: MS.03 / Legal Lot: 37 Tract #: Legal Block: School District: Market Area: Municipality/Township: Neighbor Code: 9201 BEING ALL OF LOT 37, PHASE 1 OF HAWK MOUNTAIN SUBDIVISION AS SHOWN IN MAP BOOK/PLAT CABINET 3, PAGE/SLIDE 85, TRANSYLVANIA COUNTY REGISTRY. THE METES AND BOUNDS DESCRIPTION SHOWN THEREON IS INCORPORATED HEREIN BY REFERENCE.
Seller Mandated Financing Disclosure. The seller requires that the high bidder be able to demonstrate proof of funds or financing pre-qualification. If buyer intends to finance the purchase, a Letter of Commitment from the lender stating the amount Buyer is qualified to borrow must be submitted to the seller. Said letter should be on the lender's letterhead and be for at least 80% of the purchase price. Buyer can also obtain a free “pre-qualification” letter from Wells Fargo, 877-937-9357 Mon-Fri 8am to midnight and Saturday 9am-5:30pm. This pre-qualification letter must provide for at least 80% of the purchase price. If buyer intends to pay with cash, a bank letter or other financial account statement showing proof of sufficient funds to cover 100% of the purchase price will be required. Buyer understands and agrees to submit said document to auctioneer within 24 hours of the auction, and submittal of the Buyer's offer is contingent upon receipt of said documents.
Wastewater Treatment Disclosure. The Property herein has been reported to have an on-site wastewater treatment system/cesspool/septic tank. Buyer is purchasing the Property as-is, where-is with no warranties or assertions by Seller, Williams & Williams, or their agents as to the condition thereof. The Property may be subject to city/county septic inspections. Buyer agrees to comply with all requirements necessary to complete the inspection and closing, including, but not limited to, obtaining the necessary permits and making arrangements to correct any noted city/county violations at Buyers expense.
Well Potability Disclosure. Neither Seller, Williams & Williams, nor its agents make any assertions or guarantees as to the condition or potability of the well reported to be on this Property. Buyer is purchasing the Property as-is, where-is.
Propane Disclosure. Neither Seller, Williams & Williams, nor its agents make any assertions or guarantees as to the condition of the propane tank or location of lines that may be located on the property herein. Buyer is purchasing the Property as-is, where-is, and is responsible for all costs for any required remediation thereto. In the event the propane tank is leased, the Buyer is responsible for any and all costs/remediation required for the propane tank, assuming all lease terms, and/or negotiating a new lease agreement for use of any propane tank.
Personal Property Not Included. Only title to the real estate is being conveyed. Personal property may be present, but is not included in the auction. Removal of personal property remaining on site at the time of closing is the responsibility of the Buyer.
Association Disclosure. Buyer acknowledges and understands that property is bound by the assessments and restrictions of Lake Toxaway a property owners association (IPM Corporations of Brevard, Inc. 866-978-3839 or http://www.ipmhoa.com), and Buyer agrees to be bound by same. Buyer agrees to assume any special assessments that may be payable in installments that are not yet due. Dues are approximately $2,261 per year and are subject to change. There is a $50 transfer fee that is due at closing.