|General Information: PUBLIC AUCTION
VALUABLE REAL ESTATE & HOME
Location: 405 Race St., Georgetown, DE 19947 (Sign Posted)
Friday, April 6th 2007
The property is located on the Sussex County tax map as District 1-35 Map 14.20 Parcel 3.00 and has frontage on Race St. in Georgetown, Delaware. The property is improved with an older two story home and detached workshop/garage. The property has three bedrooms and has town water & sewer. This property is need of repair and remodeling but would make an excellent investment or rental property.
Inspection: Tuesday, March 27 from 4:00 p.m. until 5:00 p.m. & Tuesday, April 3 from 4:00 p.m. until 5:00 p.m.
Terms: $7,500.00 non-refundable down payment on the day of sale in the form of cash or certified check made payable to Jos. C. O’Neal & Sons with the balance to be paid in 45 days when a good and marketable deed will be given. Buyer & Seller will equally share all State & County Transfer taxes. Buyer will be required to pay all costs of preparing and recording the deed and any other costs that may occur. The property is being sold, “AS IS”. A 4% Buyer’s Premium will be added to the final selling price. Failure to comply with these Terms of Sale will result in the forfeiture of the down payment paid on day of sale. Seller reserves the right to accept or reject any or all bids, but it is their intent to sell said property.