Auction Wed. December 7th starts closing at 7:00 PM Online Only

***AUCTION***Price of $772,620 Reflects the County Appraised Value ONLY Not the Reserve or List Price. This property is being sold at auction, do not make offers to purchase prior to the sale based on this amount.*** Former Lost Creek Elementary School Selling to the highest bidder Location: 72 College St. Lost Creek, WV 26385 Date: Bidding is open & starts closing Wednesday, December 7th @ 7:00 P.M. Preview/Open House: Friday, December 2nd from Noon To 2:00 P.M. Online Only Bidding 3.18+/- Acres, Harrison County, Former Lost Creek Elementary School Property, 3 Story Building Approx. 75 Ft X 124 Ft., Gymnasium 40Ft X 60Ft., Annex Building 40Ft X 100Ft., City Water, Blacktop Parking Lot, Gas Hot Water Boilers Contents are being sold separate. There will be some items left in the building. The buyer will take possession of the Real Estate @ Closing & any Personal Property still in the building will transfer to the buyer as well. Legal Description: District 13 Map 2103 Parcels 77, 57, 52, 47, 42, 62, 69, 76, 83, 89 Kaufman Realty & Auctions of WV 399 W. Main St. Bridgeport, WV 26330 David Anthony Kaufman, Broker License #WV0030037 Andrew Yoder Jr. - Auctioneer/Agent         License #WV0028890 Auc. Lic #2086 Wayne Yoder - Auctioneer/Agent License #WV0029880 Auc. Lic. #2161 Terms: 10% nonrefundable down payment due within 48 hours of the close of the Auction. The sale is not contingent upon buyer securing financing and or any additional contingencies. Any required inspections must be completed prior to bidding. All information contained herein derived from sources deemed reliable but not warranted. Sold as is no warranties written or implied. Property will be sold free and clear of any & all liens and encumbrances. Taxes will be prorated to the day of closing. 45 days to close. 10% buyer's premium will be added to determine the final contract price. Please note that approval is required to bid on this auction. Bidder approval closes one hour prior to the scheduled soft close time. Example...soft close of 7 PM, bidder approval closes at 6 PM. WE STRONGLY SUGGEST YOU COMPLETE THE REQUIREMENTS AND REQUEST APPROVAL 24 HOURS PRIOR TO THE SCHEDULED SOFT CLOSE. Kaufman Realty & Auctions is not responsible for anyone who does not meet the approval time or requirements to bid. Failure to register until the last minute could result in you not being approved. Successful bidder will be emailed a contract to be executed and returned to Kaufman Realty & Auctions of Wv. Successful bidders will deposit 10% of the Contract price in the form of cashier's check or wire transfer to Kaufman Realty & Auctions of WV. The entirety of the remaining balance is due at closing or within 45 days. Instructions for wire transfer and /or cashier's check transmittal will be sent by e-mail to the successful bidder. Purchaser shall be responsible for wire transfer fees. Property lines on our maps are approximate. Not a survey. Contract Documents will be sent by e-mail to the successful bidder must execute and fax or email back to Kaufman Auctions within 48 hours of the end of the auction. Successful bidders not executing and returning their contract with earnest money deposit within 48 hours of the conclusion of the auction will be considered in default. At the close of bidding. The system is set to add a 5-minute extension when a bid is placed within the last 5 minutes and will do so until no one bids during the allotted time. Buyers Premium Example: Bid Price: $100,000 Plus 10% Buyers Premium: $10,000 Total Contract Price: $110,000 Down Payment $11,000 Kaufman Realty & Auctions is not responsible for any computer malfunctions during the Auction. Please note all internet connections differ in their rate of speed. Your ability to bid in waning seconds of a timer may be adversely affected by your connection.