Bill Charles Real Estate

$400,000 Under Contract - No Show

IMAGINE possibilities of LKN small acreage property, convenient location! 2.752 wooded ac, privacy & frontage on LKN in cove w/creek leading to it. Existing cabin needs remodeling/updating. Well used in past; not sure functional. Health Dept can't locate septic permit; unsure if functional. NO HLA-no heat. "AS IS" NO repairs! IMPORTANT: "Commissioner Sale"(23 SP 0211). "AS IS, WHERE IS" W/NO WARRANTIES/GUARANTEES EXPRESSED/IMPLIED BY COMMISSIONER/REPS. Commissioner functions as Seller on behalf of Court. Initial 5% Deposit held by Commissioner, returned AFTER closing/upon Upset Bid being received. NOTE:5% Deposit NOT credited at closing! Upset Bid Deposits are returned to all unsuccessful Bidders. NOT Subject to financing/due diligence period. Sale is Subject to Court Approval! **Offer $754,263.36 accepted. Upset offer requires bid of minimum 5% (791,976.53) & 5% deposit ($39,598.83). Bid period ENDS Mon, Aug 5th @5pm** Cks payable to Iredell County Clerk of Superior Court.

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