ESTATE OF B. PRATT SCROGGS
5700 Winding Creek Lane,
East Bend, North Carolina
Link to Auction
3 Parcels:
#1 Parcel 143120 Absolute Auction/Tract of Land
#2 Parcel 143123 Absolute Auction/Tract of Land
#3 Parcel 143066 Upset Auction/Home & Land
Restrictive Covenants
Road Upkeep Agreement
Deed
The Bid Process (see below)
The bid on Parcel 3 at the sale on the 24th day of April, 2021, will remain open for ten (10) days for upset bids which will end on May 4, 2021 at 4:00 p.m. An upset bid must be in an amount that increases the existing bid by five percent (5%) and a certified check made payable to the Bailey and Thomas Trust Account in the amount of five percent (5%) of the upset bid must be delivered to the office of Bailey & Thomas located at 3069 Trenwest Drive, Suite 100, Winston-Salem, North Carolina by 4:00 p.m. on the ending date. At the time of an upset bid, the upset bid period is extended to an additional ten (10) days from the date of the existing upset bid. At the time when there is an upset bid and ten (10) days expire thereafter without an upset bid in that period, then that bidder will be awarded a contract for the purchase of the property. If the final day of any ten day period ends on Saturday or Sunday, the upset bid period will end on the following Monday at 4:00 p.m. Federal holidays are not counted in the ten day period. Saturdays and Sundays are counted in the ten day period. You can find out the status of the sale by calling the Bailey & Thomas office at 336-725-8366.
Bids will be taken 9am – 4pm, Monday through Friday. Bids will be taken during the hours of noon and 1:30pm by appointment only.
CURRENT BID PRICE:
$299,250.00
UPSET BID PERIOD THROUGH:
5/10/2021 at 4:00pm
NEXT BID AMOUNT:
Minimum Upset Bid Required $314,212.50
