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AUCTION
Real Estate Auction Two Bedroom, 1 Bath two story Frame House . Detached Garage with Efficiency apartment above garage.
515 Second St.
Highspire PA
Attention Home Buyers and Investors
Auction—Saturday, February
21, 2009 at 11am
Open House Sunday, February 8 and 15th 1-3 pm
Terms—$6,000 auction day balance in 45 days.
Visit our web site for details.
REAL ESTATE INFORMATION 515 Second Street Highspire, PA BORO: Highspire SCHOOL DISTRICT: Steelton – Highspire ZONING- R2 – Multiple dwelling REAL ESTATE TAXES: $3,461.00 ID#30027-032 LOT SIZE:
MAIN HOUSE CONSTRUCTION: EXTERIOR- Siding ROOF- Composition shingles ELECTRIC- 200 amp breaker service (updated 1991) HEATING- Gas /hot air- HOT WATER- Electric 52 gallon PARKING- Off street driveway, alley access TWO GAS METERS - separate for apartment LIVING ROOM
(17’ X 9’3”) Arched doorway Tongue and groove flooring DINING ROOM
(17’ X 9’8”) Whirlpool window AC unit KITCHEN (17’
X 9’) Kenmore refrigerator Kenmore gas stove Pantry/ storage closet Under stairs storage with built in spice rack FAMILY ROOM/ DEN
(14’ X 11’) Large bay window with copper sill Three closets BATHROOMFull bath with shower and tub Linen closet
SECOND FLOOR CENTRAL HALLWAY Closets Tongue and groove flooring Built in cabinet Cedar closet BEDROOM #1
(8’ 10” X 11’ 8”) BEDROOM #2 (10’ X 17’) Lots of windows for natural light BASEMENT Large closet Poured concrete foundation Whirlpool washer Whirlpool dryer REAR ALLEY ACCESS DETACHED GARAGE
(20’ 6” X 20’) Upstairs efficiency apartment Block 15’ 6” garage door opening 40 gal. Electric water heater EFFICIENCY APARTMENT (20’ X 13’) Kitchen Gas/ hot air heater Closet Full bath with shower This apartment Needs work. AUCTION
PROCEDURE
The auction will be held on site Saturday, February 21, 2009 at
11AM
·
Pre-registration starts at 10 am
·
Pre-registration is required to participate in the bidding process of
the Real Estate auction.
Signed terms and conditions of auction along with a check made payable to
ZIEGLER AUCTION CO., LTD. in
the amount of $6,000. (SIX THOUSAND DOLLARS) will be required to obtain a bidder
card. The six thousand will be
applied to the deposit money if you are the successful accepted bidder. If you
are not the successful high bidder, the check will be returned immediately
following the auction.
·
The successful accepted bidder will be required to sign the “Agreement
of Sale”, “Seller’s Property
Disclosure Statement” and “Lead-based Paint Disclosure Statement” following the
auction (see enclosures). The SIX
THOUSAND DOLLARS will be placed in escrow. This will be included at
settlement toward the purchase of the
property. (see “Agreement of Sale”, Section 5, Earnest Money).
CONDITIONS OF SALE OF REAL ESTATE
AND AGREEMENT TO PURCHASE AT PUBLIC AUCTION
The conditions
of the sale of real estate situated at 515
Second St. Hishspire
, Dauphin
County,
Pennsylvania, owned by
Estella
Gardner
, are as follows:
1.
By entering a bid on the property, the bidder will be conclusively deemed
to have agreed to be bound by all of the terms and conditions set forth in these
Conditions of Sale.
2.
Sale will be at public auction on the premises at 11 a.m. E.D.T.
on February
, 200 9 . All
bidders must be pre-registered.
Registration starts at 10 a.m.
3.
Until specifically removed by announcement of the auctioneer, the seller
reserves the right to reject any and all bid or bidders.
The purchaser shall be the person who, after the reservation has been
specifically removed, is the highest bidder at the time the auctioneer declares
the auction to be completed. The
Auctioneer shall have sole discretion and authority to resolve any conflict
concerning the order or amount of any bid, or which bidder shall be considered
the successful highest bidder.
4.
The property is being sold in AS IS, WHERE IS condition.
It is understood that the buyer has had the right to conduct such
inspections of the property prior to commencement of the auction as Buyer deemed
necessary or appropriate, and has either inspected the property or waived his
right to do so. Buyer must rely on
his own investigation and inspections, and not upon any warranty,
representation, or other communication made by Seller, Seller's agent,
Auctioneer, or agents and employees of Auctioneer, except as contained in
Seller's Property Disclosure Statements which are attached to Exhibit "A" and
incorporated herein by reference.
5.
Each prospective bidder shall, at the time of registration as a bidder,
pay an earnest money deposit in the amount of $
6,000
by cash, check, certified check, bank money order, or other form
acceptable to Seller, which shall be held by auctioneer until the day of sale.
If the prospective bidder becomes the purchaser,
the purchaser shall sign an Agreement of Sale immediately
upon completion of the auction of the property, and thereafter the earnest
money deposit shall be placed in escrow pursuant to the terms and
conditions of the agreement of sale.
In the event the bidder does not become the purchaser, his earnest money
deposit will be returned to him on the day of the sale following his signature
of a receipt. A copy of the
agreement of sale which Buyer will be required to sign is attached hereto,
marked as Exhibit "A", and incorporated herein by reference as if set forth in
full.
6.
Settlement shall be held on or before the
7
day of
April
, 2009 , at
.
7.
At the time of settlement, Sellers shall convey the property to purchaser
by special warranty deed (or in the case of an estate, by fiduciary warranty
deed) prepared at purchaser's expense.
The property shall be conveyed with good and marketable title, or such
title as will be insurable at regular rates by a title insurance company
authorized to do business in Pennsylvania, free and clear of all liens, and
encumbrances and easements as more fully set forth in the agreement attached
hereto and marked as Exhibit "A".
8.
County, municipal, and school district taxes and sewage and trash charges
shall be apportioned between the seller and the purchaser as of the date of
final settlement.
9.
Real estate transfer taxes shall be paid by
the purchaser.
10.
Any survey and/or title insurance or title search required for financing
by the purchaser or any other purpose shall be performed at the cost and expense
of the purchaser.
11.
Possession shall be given at the time of settlement.
12.
Purchaser will be responsible for all real estate broker fees that may be
owed as a result of any buyer's brokerage agreement unless there is signed "Real
Estate co-Broker Agreement Registered with Ziegler Auction Co. Ltd. Prior to the
auction." Seller will be responsible
for fees due Ziegler Auction Co., Ltd., Auctioneer.
13.
The following personal property shall remain and be sold together with
the real property: a. Refrigerarator b. Stove c. Washer and Dryer
14.
The following fixtures are to be removed and will not be sold with the
real property:
a. N/A
15.
Time is of the essence.
16.
The declared successful bidder will be required to sign a lead-based
paint disclosure statement (see sample) and a property disclosure statement (see
sample).
17.
By signing these conditions of sale, the prospective bidder acknowledges
that he has read and understands the conditions, and agrees to be bound by them,
and has read and understands the agreement of sale which is attached hereto and
incorporated herein by reference, and in the event the prospective bidder
becomes the purchaser, agrees to sign and be bound by same.
PURCHASER/BIDDER
Date:
Date:
DIRECTIONS: Valid PA Drivers license or state-issued ID required for Bidder Registration. Announcements made on Auction Day take precedence over printed material. Seller reserves the right to remove any item from the auction until auction day.
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