TERMS and CONDITIONS:
By registering for this auction, you agree to the terms and conditions as stated:

1. PORT CITY AUCTIONS strives to accurately describe the items being sold. All property offered for sale is strictly AS-IS WHERE-IS with all faults. Guaranteed marketable title.

Changes in Circumstances:
All aspects of this Auction are subject to change without notice. The Auctioneer reserves the right to at anytime and in the Auctioneer�s sole and absolute discretion make changes.

It is the responsibility of the bidder to determine the exact condition of the property. No statement in this auction or by representatives of Port City Auctions shall be considered as a warranty or assumption of liability. Oral and written descriptions given by its staff members in person or electronically are given as a courtesy to a client, are only an opinion, and should not be considered as a guarantee of age, composition, or authenticity.


By bidding, you signify that you have either closely examined the property, have chosen not to examine it, or have hired an independent agent to examine the property for you.

2. The AUCTIONEER reserves the right to withdraw the auction for any reason deemed appropriate. Port City Auctions shall always have the right to withdraw at any time for any reason and to default any sale in the event of an error or dispute.

3. There is an 10% buyer�s premium.

4. Defaulted bidders will be black-flagged in our database as unable to bid on Port City Auctions online platform from that point forward. We reserve the right to sell to the next highest qualified Bidder and/or Buyer in the event the successful high Bidder and/or Buyer do not comply with the terms of the sale. By bidding on the property in the auction, the Buyer agrees to all terms and conditions set forth.


PLEASE DO NOT BID IF YOU ARE UNABLE TO COMPLETE THE TRANSACTION.


5. WINNING BID NOTIFICATION:
Final bid acceptance is subject to owner confirmation.
You will then be contacted via phone and/or email. Please ensure you put the best contact information for you.


THERE IS A 10% BUYERS PREMIUM ADDED TO THE HAMMER PRICE
THERE IS A 10% NON-REFUNDABLE DEPOSIT DUE WITHIN 3 DAYS OF ACCEPTED BID BY WIRE TRANSFER.

6. PAYMENT: Non-refundable deposit is due within 3 days of the end of the auction through wire transfer to Port City Auctions escrow account. The balance will be due within 30 days of executed contract. Current bids on the internet will be executed on your behalf during the auction by, Hibid.com, or other viable Internet platforms. However, Port City Auctions cannot be held Liable for live internet bids that are not sent, received, or executed by the administrator.

7. Legal Fees: Negative feedback, publicly posted comments and/or all complaints resulting from bidder's failure to read and/or understand terms & conditions will be aggressively pursued by legal counsel with bidder(s) responsible for all legal fees.

8. If you are a broker representing a buyer or you are a buyer who has a broker representing you, the broker must contact auction company at least 72 hours to register your client prior to bidder submitting bids.

9. Property is being sold with owner confirmation. If you are the high bidder, your bid will be the STARTING BID at the live auction being held onsite on June 12, 2025 @ 6pm.


Port City Auctions
Chuck Nance, Auctioneer
NCAL #5557
NCREL #218972
980-581-1622

Port City Auctions offers online ONLY this Land Auction. This property is located at 1275 Edgewater Club Rd Wilmington NC, 28412.. This property is located in New Hanover County, NC. Are you looking for land in the Porter's Neck area of Wilmington? We have what you are looking for! County: New Hanover PID: R03719-001-001-000 Acres: 6.80 Zoning: R-20 Water and Sewer: Available, verify with utility provider prior Flood Zone: None ONLINE Auction will run from 5/10/25 @ 6pm and will close on 6/10/25 @ 6pm. The highest bid at the online auction will be the STARTING BID at the live auction being held on June 12, 2025 @ 6pm onsite at 1275 Edgewater Club Rd. The attached conceptual plan (see lot images) was submitted for Planning Staff Review, and received the following comments (also see lot images):� It is important to be aware that a tree survey and a tree removal permit is required before any trees are removed from the site. A project this size would also need to be reviewed through the county�s Technical Review Committee (TRC) as a major subdivision. Please Note: We understand the seller desires to impose deed restrictions on the successive owner inhibiting the development of anything aside from single-family residences ("single family residence" defined here as a detached dwelling designed and intended for occupancy by one (1) family or household unit only). No duplexes, multi-family structures, accessory dwelling units (ADUs), mobile homes, manufactured homes, or other secondary residences are to be permitted on the Property. The attorney who will draft the warranty deed at the time of conveyance will be responsible for inserting the appropriate language to ensure seller's desired deed restrictions are met. Further inquiries should email brad@portcityauctions.com