|General Information: PUBLIC AUCTION
VALUABLE REAL ESTATE CONISTING OF A 22 ACRE PARCEL & (2) 3/4 ACRE BUILDING LOTS
Location: Horsey Church Road, Delmar, DE 19940. From Delmar, Delaware travel on Rt. 54 West approx. 0.9 miles past Old Mill Restaurant. Turn right onto Horsey Church Road & travel 0.2 miles. Property will be on right. Signs Posted.
Friday, September 10th 2010
5:30 p.m. (On-site)
Inspection: Sunday, August 29th from 2:00 p.m. until 3:30 p.m.
Tuesday, Sept. 7th from 4:30 p.m. until 5:30 p.m.
Or contact auction company for an appointment
The first parcel known as parcel “F” consists of a three quarter acre building lot with frontage on Horsey Church Road. This lot has an approved entrance and has been approved for a mound septic system.
The second parcel known as parcel “G” consists of a three quarter acre building lot with frontage on Horsey Church Road. This lot has an approved entrance and has been approved for a mound septic system.
The third parcel consists of 22 acres of land more or less. This parcel also has an approved entrance and has been approved for an LPP septic system. This property also is improved with several farm implement storage sheds. The property is mostly cleared towards the middle and back portions with some mature trees that would make an ideal home site. This property features an abundance of turkey and deer. A great piece of real estate that would make a great horse farm, home site, or hunting property.
All entrance permits, septic & well permits, and plots are available by contacting the auction company. The seller is highly motivated to sell these properties and all paperwork has been completed.
Order of sale: Parcel “F” will be sold first and the bid reserved. Parcel “G” will be sold second and the bid reserved. 22 acre parcel will be sold last and bid reserved. All 3 parcels will then be offered together and sold for which ever way produces the maximum amount.
Terms: Parcel “F” & Parcel “G” - $5,000.00 down payment on each lot, 22 acre Parcel - $15,000.00 down payment on the day of auction in the form of cash, cashier’s check, or certified check with the balance to be paid within 45 days when a good and marketable deed will be given. If buyer purchases all 3 parcels then down payment will be $25,000.00. Buyer & Seller will equally share all state & county transfer taxes. Buyer to pay the cost of preparing and recording the deed and any other costs that may occur. Failure to comply with the terms of sale will cause down payment to be forfeited and property will be resold at the expense of the buyer. Seller has the right to accept or reject any or all bids, but it is their intent to sell said property. Property is being sold, “AS IS”. 3% Buyer’s Premium.