42+/- Acres of Land in Salisbury, Maryland
Saturday, 5 Nov, 2005 11:00 AM Selling for Private Seller
33350 Wango Road, Salisbury, MD 21804 Terms: See Below
Real Estate  
General Information: Location: 33350 Wango Rd., Salisbury, MD 21804. From Salisbury, MD travel on the Mt. Hermon Road for 4.7 miles, turn right onto Waste Gate Rd. and travel for 1.6 miles, turn right onto Wango Rd. and entrance to property will be located 0.9 miles on right. (Signs Posted)

Auction company personnel will be on the property Tuesday, Oct. 25th from 4:00 p.m. until 5:30 p.m. & Tuesday, Nov. 1st from 4:00 p.m. until 5:30 p.m. Bidders also are encouraged to walk the property at their convenience. Contact our office for a (PIP) Property Info. Packet.

This parcel is identified by the Maryland Department of Assessments and Taxation in Wicomico County as Map 60 Parcel 82 and is further described in the Wicomico County Land Records in Liber 2155 Folio 315. The property consists of 41.97 acres of land more or less with approx. 1,900 ft. of frontage along Wango Road and approx. 2,400 ft. of frontage along Twilleys Bridge Road. The property is subject to a 50 ft. right-of-way from Wango Rd. The property is mostly wooded with some mature pines and hardwoods.

The property is improved with a two-story Cape Cod style home w/3 bedrooms and 1 bathroom. The home has vinyl siding & shingle roof on the exterior. The interior of the home is in need of renovation. It also is improved with a 48’x620’ chicken house that has been vacant for approx. 5 years and a 80’x110’ manure shed in “like new” condition. The manure shed is constructed of steel and has concrete walls.

This property has an abundance of deer, turkey, and small game. A great property for hunting, raising horses, or development potential with good road frontage along two roads. An excellent investment opportunity you will not want to miss!

Terms: $20,000.00 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. The purchaser assumes payment of the Maryland Agricultural transfer tax, if any. 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. Sellers reserve the right to accept or reject any or all bids, but it is in their intent to sell said property.

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