PREMIER BANKRUPTCY LAKEFRONT REAL ESTATE AUCTION!!!
Date & Time: SUN., JULY 18TH. 2:00PM
Location: 3496 SUMMIT LAKES RD., BROWN SUMMIT, NORTH CAROLINA

***Inspection: SAT., JULY 10TH. & 11TH. 2:00PM TIL 4:00PM.

Highlights: Photo gallery - BANKRUPTCY REAL ESTATE AUCTION!!!
BEAUTIFUL 6,300+ sq. ft. $1,000,000.00+ LAKE HOME, SITTING ON 4.56 ACRES
*AMMENITIES INCLUDE: 3-CAR GARAGE, 5-BEDROOMS, 5-BATHS, STAINLESS STEEL APPLIANCES, SIX HVAC ZONES, IN-GROUND POOL,FABULOUS LAKE VIEWS, ELABORATE MAHOGANY-REDWOOD-CHERRY MILLWORK, 2-COVERED SLATE PORCHES, ARCHED DOORWAYS, CIRCULAR SUNROOM, LARGE WALK-IN CLOSETS, WALK-IN CEDAR CLOSET AND MANY OTHER EXQUISITE ARCHITECTURAL FEATURES. THE EXTERIOR IS CEDAR SHAKE W/ REDWOOD TRIM.
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Notes: ROOM DIMENSIONS:
LIVING ROOM - 21' X 18'
DINING ROOM - 18' X 16'
KITCHEN - 17' X 13'
SUNROOM - 18.5' X 14.10'
KEEPING ROOM - 18' X 14.10'
OFFICE - 15' X 13.11'
LAUNDRY ROOM - 15' X 11'
MASTER BEDROOM - 24' X 14.9'
BEDROOM #2 - 18' X 12.3'
BEDROOM #3 - 14' X 13.8'
BEDROOM #4 - 14' X 13.3'
BONUS ROOM - 36' X 20'
LOFT - 16.3 X 12.6'
(3)FULL BATHS & (2)HALF BATHS
FENCED-IN IN-GROUND POOL
PRIVATE DRIVE
CONCRETE CIRCLE DRIVE WAY
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***AUCTIONEER'S NOTE: THIS IS AN EXCEPTIONAL LUXURY LAKE HOME. WITH OVER 6,300 SQ. FT., THIS HOME WOULD COST WELL OVER $1,300,000.00 TO BUILD. IF YOU ARE LOOKING FOR A HOME OF THIS TYPE, THIS IS YOUR OPPORTUNITY TO BUY.
Terms: TERMS: PROSPECTIVE BIDDERS MUST HAVE A $20,000.00 CERTIFIED CHECK (made out to yourself) IN ORDER TO REGISTER FOR A BUYERS NUMBER. IF YOU ARE THE SUCCESSFUL BIDDER, A 10% DEPOSIT IS REQUIRED DOWN THE DAY OF THE AUCTION (THE $20,000.00 CERTIFIED CHECK WILL APPLY TOWARD THE 10% DEPOSIT, THE REMAINING BALANCE OF THE 10% DEPOSIT CAN BE PAID WITH PERSONAL CHECK, COMPANY CHECK OR APPROVED FUNDS). THE BALANCE PAID WITHIN 30 DAYS OF THE AUCTION DATE AT CLOSING. 6% BUYERS PERMIUM APPLIES AND WILL BE ADDED TO DETERMINE FINAL CONTRACT PRICE.

DISCLAIMER: ALL INFORMATION CONTAINED HEREIN IS BELIEVED TO BE CORRECT TO THE BEST OF THE AUCTIONEER'S KNOWLEDGE. THE INFORMATION IS BEING FURNISHED TO BIDDERS FOR THE BIDDER'S CONVENIENCE AND IT IS THE RESPONSIBILITY OF THE BIDDER TO DETERMINE THAT INFORMATION IS ACCURATE AND COMPLETE. ANY RELIANCE ON THE CONTENTS SHALL BE SOLELY THE RECIPIENT'S RISK. EACH BIDDER MUST CONDUCT AND RELY SOLELY UPON THEIR OWN INVESTIGATION AND INSPECTION. THE PROPERTY IS BEING SOLD "AS-IS/WHERE-IS" WITH ANY AND ALL FAULTS.
***ANNOUNCEMENTS MADE DAY OF AUCTION TAKE PRECEDENCE OVER ANY WRITTEN MATTER AND PRIOR ORAL STATEMENTS.
*IN ALL TRANSACTIONS, THE AUCTIONEERS ARE ACTING AS AGENTS FOR THE SELLER, NOT BUYER AGENTS.
AUCTIONEER'S NOTE: MENDENHALL AUCTION CO., INC. IS SELLING THIS BEAUTIFUL PROPERTY FOR THE U.S. MIDDLE DISTRICT BANKRUPTCY COURT OF NC. THE FINAL BID PRICE IS SUBJECT TO COURT APPROVAL.
***TRUSTEE: WILLIAM P. MILLER - ATTORNEY
CASE#: B-09-10235-C-7-G

Directions: LOCATED: 3496 SUMMIT LAKES RD., BROWN SUMMIT, NC
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FROM US-29N IN REIDSVILLE, NC - TAKE THE REEDY FORK PKWY. EXIT, TURN RIGHT ON TO SUMMIT AVE., GO APPROX. 1.2 MILES, THEN STAY STRAIGHT ONTO BROWN SUMMIT RD. AND GO APPROX. 1.7 MILES, THEN TURN LEFT ONTO NC-150 AND GO APPROX. .4 MILES, THEN TURN RIGHT ONTO BROOKS LAKE RD. AND GO APPROX. 1.3 MILES AND TURN LEFT ONTO SUMMIT LAKES DR. AND GO APPROX. 1.2 MILES AND PRIVATE DRIVE IS ON LEFT HAND SIDE. WATCH FOR AUCTION SIGNS. AUCTION TO BE HELD ON ON-SITE OF PROPERTY.
Contact: Mendenhall Auction Co, Inc.
PO BOX 7505
High Point NC 27264
Phone: 336-889-5700
Fax: 336-889-4482
Email Web-page
Copyright 2002-2007, Mendenhall Auto Auction, Inc.