1273 Graves Harbor Trail , Huddleston, VA 21401(Bedford County)

1BR; 1BA; 285+/-sf; Assessed for $110,700; Furnished: TV, appliances, full kitchen

Unit 301

2BR; 2BA; 1,027+/-sf; Assessed for $254,000; Appliances, full kitchen, washer, dryer

Unit 302

2BR; 2BA; 977+/-sf; Assessed for $250,500; Furnished: TV, appliances, full kitchen

Unit 303

2BR; 2BA; 977+/-sf; Assessed for $250,500; Furnished: TV, appliances, full kitchen, fireplace, washer, dryer

Unit 304

2BR; 2BA; 977+/-sf; Assessed for $250,500; Furnished: TV, appliances, full kitchen, fireplace, washer, dryer

Unit 311/3100

3BR; 3BA; 1,390+/-sf; Assessed for $370,800; Furnished: TV, appliances, 2 full kitchens, fireplace, washer, dryer

Unit 315

2BR; 2BA; 982+/-sf; Assessed for $251,000; Furnished: 3 TVs, appliances, full kitchen, fireplace, washer, dryer

Unit 3101

1BR; 1BA; 290+/-sf; Assessed for $111,100; Furnished: TV, appliances, full kitchen

Unit 3201

1BR; 1BA; 290+/-sf; Assessed for $111,100; Furnished: TV, appliances, full kitchen

Unit 3203

1BR; 1BA; 275+/-sf; Assessed for $109,700; Furnished: TV, appliances, full kitchen

Unit 3401

BR1; 1BA; 290+/-sf; Assessed for $111,100; Furnished: TV, appliances, full kitchen

Auction Location: Conference Room at The Pointe Mariners Landing

1273 Graves Harbor Trail, Huddleston, VA 24104

Additional Open House

Due to large buyer interest, weve added an an additional open house:

Tuesday, April 3rd (4-6pm)

Sale Managers:

Pete Ramsey

Greg Lester

Bill Bryant, CAI, AARE

Trustee: Edmunds & Williams, PC

Terms: 5% Buyers Premium added to high bid(s) to determine contract sales price(s). 10% deposit due on the day of the auction with the balance due at closing within 30 days. Potential buyers must perform such independent investigations with respect to property as they deem necessary to verify information provided by the auction company and/or seller. All information provided by the auction company and/or seller is deemed reliable but not warranted. All property is being sold as is without representations or warranties of any kind or nature. Please inspect the property before bidding. All sales are final. Announcements made the day of the auction take precedence over all prior releases, verbal and written, concerning this sale. The auction company and its representatives represent the seller. Full terms displayed on day of the auction.

Special Financing from Bank of the James on 15 Units

APR = 4.724%

Loan amortization period = 30 years

Balloon payment = 10 years

Down payment required from buyer = 10%

Loan Origination Fee = 0.5%.

Example of $100,000 loan.

Loan amount = $100,000.

APR = 4.724%*.

Monthly payment = $510.63**.

Number of monthly payments = 119.

Balloon Payment = $80,762.40.

Balloon Payment due = 120 months after loan date.

Loan origination fee = $500 (0.5%).

*Other items included in the APR are a $295 processing fee, a $14 flood certification fee, and a $350 settlement fee.

**The payments do not include amounts for taxes and insurance premiums.

Special Financing from Bank of the James on Building Lot

APR = 5.337%

Loan Amortization period = 20 years

Balloon payment = 10 years

Down payment = 20%

Loan Origination Fee = 0.5%.

Example of $50,000 loan.

Loan amount = $50,000.00.

APR = 5.337%*.

Monthly payments = $331.74.

Number of monthly payments = 119.

Balloon payment = $31,513.98.

Balloon payment date = 120 months after loan is made.

Loan origination fee = $250.00 (0.5%).

*Other items included in the APR are a $250 processing fee, a $250 loan fee, and a $350 settlement fee.

15 units & lot are Trustees Sale and 2 (2401 & 3401) are selling for a private individual