This is a LIVE & ONLINE SIMULCAST Auction. Pre-bidding is available now, auction will go LIVE on Tuesday, August 18th at 12:00 PM EST. Please read all of the terms and conditions before bidding. By choosing to bid in this auction you are agreeing to all of the following terms and conditions and agreeing to honor them. 1. Broker is the agent of the Seller of the property offered for sale by auction and Broker and Seller have agreed that this event is to be conducted by including a buyer's premium of 7% upon the high bid price as determined by the Broker ("Buyer's Premium"). The actual contract sales price shall be the sum of the successful high bid plus the Buyer's Premium. (Ex: High Bid of $100,000 plus 7% Buyer's Premium of $7,000 = $107,000 contract sale price.) 2. In consideration for the Seller and Broker allowing Bidder to bid at the auction of the Property, Bidder hereby acknowledges and agrees that if Bidder is the successful high bidder for the Property, then Bidder will enter into a purchase and sale contract on the day of the auction, under the terms and conditions stated in the auction materials. 3. A ten percent (10%) earnest money deposit is required in the form of a certified check, cash or wire transfer. The earnest money deposit is due within 72-hours of the close of the auction, with the balance of the contract purchase price due at closing within 45 days. Purchaser shall be responsible for all wire transfer fees ($25). 4. All final payment of funds are due on or before 45 days post auction. 5. Johnson Properties Realtors & Auctioneers, Inc. makes no representations or warranties, expressed or implied, concerning the property. Descriptions of the property are believed to be correct, but are not guaranteed. It is the Buyer's responsibility to conduct any inspections prior to the auction. Johnson Properties Realtors & Auctioneers, Inc. has attempted to find or locate all information deemed material facts. Ultimately, it is the Buyer's responsibility to inspect all aspects of the property before placing a bid. No sale shall be invalidated by the Buyer as a result of he/she not conducting their own inspection prior to bidding. It is automatically acknowledged by placing a bid that you have personally inspected the property, hired an agent to inspect the property or waived your right to inspect the property. 6. All properties are offered "AS IS, WHERE IS" with no warranties either written or implied. Potential buyers are encouraged to research all property attributes (i.e. zoning, lot size, water and sewer availability and access, buildable or non-buildable, easements, encroachments, any governmental or private restrictions, restrictive covenants, etc.) to ensure that the property meets their intended use prior to bidding. The current appropriate county GIS information and aerial representations are provided as a courtesy, but are NOT GUARANTEED for accuracy. Please refer to the newly recorded survey maps for further accuracy. 7. REAL ESTATE BROKER/AGENTS: A 2% commission will be paid to any qualified broker who is duly licensed and whose properly registered client successfully buys and closes on the property. To qualify for a commission, the licensed broker/agent must first register the prospective bidder on the Johnson Properties Broker Participation Acknowledgement Form (provided by the auction company). Registration letters must be countersigned by the prospect and include the broker's and agent's license number, identification of the property, any agency disclosure statements, the letter and participation acknowledgement form. Commission is contingent upon, and will only be paid if the broker participation form is received by the Auction Company no later than 12:00 P.M. Friday, August14, 2020. Johnson Properties will accept only one client per auction from any one Real Estate Broker/Agent. 8. Neither the seller nor Johnson Properties Realtors & Auctioneers, Inc. makes any representation of the condition or suitability of any property for any purpose. All properties are being sold "as is" in their present condition with all faults if any.

There are approximately 16 rental units and more than 30 sites total included in this offering. Many of the vacant sites already have septic tanks/systems in place; County water does run along Line Rd.There are numerous vacant lots as well, ready for you to build or put your manufactured home on. This opportunity is located in Thomas Ranch Estates convenient to Vass, Southern Pines and US #1, close to the Moore County line but still in Harnett County! JPID #5 does have a shop on the property that includes equipment & tools for mobile home repairs and upkeep. The equipment and shop are included in the sale of this lot. For viewing of the shop, please contact Johnson Properties at (919) 639-2231 or email Jimmy at jp@johnsonproperties.com. Mobile homes convey with the property; for questions concerning rental information on the occupied mobile homes, please call Johnson Properties. Mobile homes will not be available for preview. Contact our office if you want to review a Sample Contract.