|General Information: PUBLIC AUCTION
ANTIQUES, FURNITURE, GLASSWARE, PERSONAL PROPERTY,
& VALUABLE REAL ESTATE W/HOME ON LARGE LOT IN
Location: 6843 Eldorado Road, Federalsburg, Maryland 21632. From U.S. Rt. 13 in Seaford, DE, travel west on Stein Highway (Del. Rt. 20) through Seaford for 6.3 miles. Turn right onto Reliance Road (Md. Rt. 577) at the Maryland/Delaware line and travel for 3.7 miles. Turn left onto Eldorado-Federalsburg Road (Md. Rt. 313) and travel for 0.4 mile. Property will be on left (Signs Posted).
SATURDAY, AUGUST 18, 2007
10:00 A.M. (Personal Property)
12:00 Noon (Real Estate)
Real Estate Preview: Wednesday, August 8 from 4:00 to 5:30 P.M.
Sunday, August 12 from 2:00 to 3:30 P.M.
Personal Property: Ornate oak ladies’ slant-front desk, walnut marble top 2 over 3 drawer chest, mahogany double bed, maple bookcase, pr. of maple twin beds, 3 pc. maple bedroom suite, oak pressed back rocker, maple stands, oak roll-top desk w/chair, Broyhill sofa, wingchair recliner, chest of drawers, gun cabinet, braided oval rugs, 7 pc. maple dinette set, Kenmore heavy duty washer & dryer, pictures & picture frames. Ingraham mantel clock, Wallace Nutting print, Shirley Temple creamer, 6 pl. setting of Bavarian china, English china, Carnival glass, ironstone tureen, egg plate, oil paintings, Christmas decorations, costume jewelry, dishes, pots, pans, & local advertising items. Honda 4013 riding lawn mower (like new), MTD 11 h.p. 30” cut, Troy-Bilt pony rotary tiller, Duplex 6 drawer roll-around tool box, wrenches, ratchets, vise grips, drill bits, tool boxes, screwdrivers, electric drills, air spray guns, files, wooden carpenter tool box, planes, hand saws, air compressor, tow chains, wooden chest, reel mower, metal fence post, yard bench, yard & garden hand tools, and many items too numerous to mention.
Real Estate: The property is identified by the Maryland Department of Assessments and Taxation on Dorchester County Tax Map 7 as Parcel 151 (Liber 97 Folio 200) and consists of 1.09+/- Acres of land with approx. 280 ft. of frontage along the easterly side of Eldorado Road improved with a spacious single-story ranch style home and a detached two-car concrete block garage. The 4 BR/1 BA home features a livingroom, kitchen, dinette area, laundry room, office/study with exterior entrance, and a pull-down attic. The home also features hardwood floors in the bedrooms, ample closet space, as well as central air & oil baseboard heat.
The home is located in a perfect country setting just outside of Federalsburg and only a few miles from the Maryland/Delaware line. If you’ve been looking for a spacious home on a large country lot, do not miss this auction!
Note: Mrs. Mary Monroe has moved into assisted living and Jos. C. O’Neal, Inc. is honored to offer her home and personal property at public auction.
Personal Property Terms: Cash or Approved Check on day of sale. All items must be paid for on day of sale. 10% Buyer’s Premium. All items are sold, “AS IS”.
Real Estate Terms: $15,000.00 down payment in the form of Cash, Certified Check, or Cashier's Check made payable to Jos. C. O'Neal, Inc.. 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 10% 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, 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 improvements on the property were built before 1976, they 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 4% 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. Broker Participation invited. Brokers must have clients registered 24 hours prior to auction. Contact our office for complete details.