June 1st - June 15th 2023, Newport News City Owned Auction

Timed auction by Virginia Auction Company

Starts Jun 1, 2023 10:00 AM EDT. Ends Jun 15, 2023 10:00 AM EDT

NEWPORT NEWS CITY OWNED PROPERTY AUCTION 06/01/2023 - 06/15/20223 This is an online only auction. 7 City Owned properties available. 5 Buildable Lots. Property map may be viewed here: https://nngov.maps.arcgis.com/apps/dashboards/7a925037f0c14e01bcc9ff56d9589036 This auction will open for online bidding on Thursday, June 1st @ 10AM and will begin to close on Thursday, June 15th @ 10AM This auction has a CONTRACTUAL AGREEMENT FOR PURCHASE - Lots 3, 4, 5, 6 & 7. This auction is subject to auto-extend bidding. There is 10% Buyer's Premium for this auction. For Winning bids of $5000 or less must be paid in full the day of the auction. For Winning bids more than $5000 a Deposit of 20% plus 10% Buyer's Premium is required at the close of the auction. The balance is due in ten (10) days, June 29, 2023.   Deposits/Payments by certified check can be made at 3533 Pruden Blvd., Suffolk, VA 23434 - or by wire transfer (wire information will be provided at the close of auction) ** Note - If you are still pending approval after 06.01.23 at 10:00 AM please call our office at 757-538-0123 **  

Lots