|General Information: Location: 13059 Old Stage Road, Bishopville, Maryland 21813. Traveling south on Rt. 113 from Selbyville, DE into Maryland, turn left on Hammond Road across from Emming’s. Property will be located 0.2 miles on right side with frontage on Hammond Road & Old Stage Road.
Inspection: Wed., Aug. 17th from 4:00 p.m. until 5:30 p.m.
Sunday, Aug. 21st from 2:00 p.m. until 3:30 p.m.
Tues., Aug. 23rd from 4:00 until 5:30 p.m.
Contact Auction Company for a Property Information Packet (PIP)
This property is identified by the Maryland Dept. of Assessments and Taxation as Map 9, Parcel 125 in Worcester County and is believed to contain 4.7 acres of land more or less. The property has approx. 444 ft. of road frontage on Hammond Road at its northerly boundary. The property also has approx. 357 ft. of frontage along Old Stage Road at its easterly boundary. The property’s westerly boundary measures approx. 435 ft. and its southerly boundary measures approx. 611 ft. The majority of the property is in tall grass and shrubs behind the home and outbuildings.
This property is improved with a single story home consisting of the following: 2 bedrooms, 2 full bathrooms, kitchen w/stove & refrigerator, living room, dining room, utility room w/washer & dryer, and several sitting areas. The home has vinyl siding, and a shingle roof. A new 4” well was put in within the last three years. The property also is improved with several small farm implement and pole sheds. This home is currently being lived in. The home has the potential for rental income and rests on a wonderful piece of land with sub-division potential. The property is conveniently located only 15 minutes from Ocean City, Maryland with plenty of acreage.
Terms: $30,000.00 down payment in the form of Cash, Certified Check, or Cashier's Check made payable to Jos. C. O'Neal & Sons. Balance to be paid within 45 days when a good and marketable deed will be given. Credit portion to bear interest at the rate of 0% per annum from the date of sale to date of settlement, and to be secured to the satisfaction of the undersigned, or to pay the full purchase price at the time of sale, at the option of the purchaser. If not settled within 45 days, interest shall be charged at the rate of 15% per annum from the date of sale to the date of settlement. In the event settlement does not occur within 65 days of the sale, the property shall be considered forfeited and resold at the expense and risk of the purchaser. Time is of the essence. State and County and municipal taxes and assessments to be adjusted as of the date of the sale. Purchaser & Seller will equally share all State & County transfer taxes. All title papers, documentary stamps, recording costs and any and all other costs which shall be deemed necessary to transfer the title of the property and put the deed on record shall be at the expense of the purchaser. In the event a good & marketable title cannot be delivered the seller(s) shall have 90 days to correct the flaw. If the flaw is not corrected the only recourse of the purchaser shall be the return of the down payment and the seller and the auctioneer shall be held harmless. If the dwelling on the property was built before 1976, it may contain lead paint. Purchaser may conduct a lead paint test at their expense prior to the sale. This property is being sold in "AS IS" condition. Neither the sellers nor the Auctioneer shall accept any responsibility for any Municipal, State or Federal Environmental Violations. To our knowledge none exist at this time. A 2% Buyer’s Premium will be charged on the final selling price. Seller reserves the right to accept or reject any or all bids, but it is their intent to sell said property.