|General Information: PUBLIC AUCTION
VALUABLE REAL ESTATE
WITH HOME AND LARGE SHED/WORKSHOP
ON 0.60+/- ACRE LOT IN SEAFORD, DELAWARE
Location: 26159 River Road, Seaford, Delaware 19973. From the intersection of U.S. Rt. 13 and Concord Road in Seaford (at Royal Farms), turn west onto Concord Road towards Blades and travel for approx. 0.6 mile. Turn left onto S. Market Street (U.S. Rt. 13-Alt.) and travel for approx. 0.2 mile. Turn right onto River Road and travel for approx. 0.4 mile. Property will be on left (Signs Posted).
SATURDAY, SEPTEMBER 15, 2007
Preview: Thursday, September 6 from 4:00 to 5:00 P.M.
Tuesday, September 11 from 4:00 to 5:00 P.M.
The property is identified on the Sussex County Tax Map as District 1-32 Map 1.18 Parcel 12.00 and is further described in Deed Book 2743 Page 109. The property consists of 0.60+/- Acre (approx. 26,170 sq. ft.) of land improved with a 3 BR/1.5 BA (65’ x 14’) single-wide mobile home on block foundation with a 450+/- sq. ft. addition as well as a 12’ x 16’ salt-treated deck. The property is also improved with a large 24’ x 50’ shed/workshop with 16 ft. ceiling, cement floor, & add-on air compressor room, as well as a 10’ x 14’ hip-roof shed w/wooden floor (to be sold separately). The property is located close to the Nanticoke River and is situated just outside of Blades on River Road. (Sussex County Annual Property Tax-$516.29)
This is a perfect investment property located extremely close to the Nanticoke River. If you’ve been looking for an investment property in Western Sussex County, do not miss this auction!
Selling For: The Estate of Christian Bauer
Terms: $7,500.00 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.