4 PARCELS OF REAL ESTATE
BY ORDER OF THE CIRCUIT COURT OF THE
CITY OF PORTSMOUTH, VIRGINIA FOR
UNPAID REAL ESTATE TAXES
Thursday, June 28, 2018 – 6:00 PM
Auction Location: Bide-A-Wee Golf Course Pavilion, 1 Bide-A-Wee Lane, Ports., VA
Registration opens at 5:00 p.m.
326 Douglas Avenue
715 Jefferson Avenue
1309 Hoover Street
2501 & 2505 Effingham Street
Terms & Conditions of the Sale
The terms of sale shall be cash, or alternatively, a down payment of not less than 20% of the successful bid price in cash or certified check at time of sale, payable to the Clerk of the Circuit Court. High bids of $3,000.00 or less require full payment at the auction. Checks should be made payable to the Portsmouth Circuit Court. The balance is due in ten days, also by cash or certified check. The bid price or down payment, will be deposited with the Clerk of the Circuit Court for the City of Portsmouth, Virginia, and no bond shall be required of the Special Commissioners.
The said real estate shall be sold, pursuant to Va. Code §58.1-3967, et seq., free of all claims of any creditor, person or entity as provided therein, and sold “as is”, in gross and not by the acre, and without any warranty or representations of any kind whatsoever regarding, without limitation, restrictions, conditions, easements, liens or encumbrances, possible rights of parties in possession, encroachments, overlaps, gaps and gores, deficiency in quantity, all questions of boundaries, location and acreage which a current and accurate survey would disclose, roadways, environmental and wetland matters, unrecorded easements, matters which would be disclosed by an inspection of the premises, or any other matter of record or not of record.
Before the Special Commissioner delivers a special warranty deed to the successful bidder, he shall report to this Court the result of this sale to be confirmed by the Court if the Court is of the opinion it should be.