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REAL ESTATE AUCTION
.72 ACRE LOT ZONED
Village Residential (VR)
1710 W.
JARRETTSVILLE RD., JARRETTSVILLE, MD 21084
CATERPILLAR 931B TRACK LOADER
-on the premises-
SATURDAY,
MAY 12, 2007, at 11:00am
A great opportunity to purchase a .72ac. lot zoned Village Residential (VR)
in “downtown” Jarrettsville. @150’ frontage on Jarrettsville Rd.
Recorded in Land Records of Harford County at Liber 1189 folio 912, Plat
Book 2 Page 31, Assmts&Taxation Map 32, Grid 1B, Block A, Parcel 104. To
settle the Estate of Richard Boring.
Also selling Caterpillar 931B Track Loader
w/4-in-1 bucket – 1792 hours.
TERMS: $10,000.00 cash or cert. funds at time & place of auction.
Balance in 45 days. Time is of the essence. 3% Buyer’s Premium. 2%
Broker co-op available (pre-registration required--see Real Estate
Broker Participation Agreement below).
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Real Estate Broker Participation Agreement Download and print the word document to be filled out and sent to us. DOWNLOAD HERE Please note: This form must be received by Isennock at or before 4:00 pm, one business day prior to the auction. There are three options to get it to us: 1. Fax completed form to: 410-692-6449 2. E-mail completed form to: isennock@isennockauction.com 3. Mail completed form to: Isennock Auction Services, Inc., 4106B Norrisville Road, White Hall, MD 21161 |
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REAL ESTATE AUCTION
TERMS
A deposit of $10,000.00 in Cash, Guaranteed or Certified Funds, or in a
manner acceptable to Auctioneer, shall be due at time and place of
auction. A 3% Buyer’s Premium will be added to the hammer price and be
considered as part of the total purchase price. A 2% Broker co-op paid
(pre-registration required). The balance of the purchase price is to be
paid at settlement, which shall take place within 45 days from the
auction. Time is of the Essence. If payment of the balance does not take
place within the 45 days, the deposit may be forfeited and the property
resold at the risk and expense of the defaulting purchaser. Taxes to be
adjusted to date of settlement and assumed thereafter by the Purchaser.
All other public charges and assessments payable on an annual basis,
including sanitary and/or metropolitan district charges, to be adjusted
for the current year to date of settlement and assumed thereafter by the
Purchaser. Cost of all documentary stamps, transfer taxes and all other
expenses incidental to the conveyance of the property shall be paid by
the Purchaser. Purchaser shall have the opportunity of having the title
examined. Should any legal defect be found in the title, Seller shall be
furnished with a written statement thereof and given a reasonable time
thereafter within which to correct the same, however, in no event to
exceed ninety (90) days from the date of the Sales Contract. In the
event of extension of closing date, all parties will be notified in
writing. If a refund of deposit is made due to title defect, this sale
shall be void and have no effect, and the Purchaser shall have no
further claim against the Seller. The property will be sold in “AS IS”
condition and subject to conditions, restrictions and agreements of
record affecting same, if any, and with no warranty as to the
description of the improvements. The Purchaser agrees to waive the right
of inspection for lead paint as provided under current Federal and State
Law. The Purchaser waives and releases the Sellers, the Auctioneers, and
their respective agents, successors and assigns from any and all claims
the Purchaser and/or its successors and assigns may now have or may have
in the future relating to the environmental condition of the property.
All information is deemed reliable, but not guaranteed. All
announcements made day of auction shall take precedence over any prior
verbal or written announcements and terms.
PURCHASING
REAL ESTATE AT AUCTION - GENERAL INFORMATION
The following information is provided by Isennock Auction Services,
Inc., your Professional Auctioneer, to assist you in understanding your
purchase of a property at public auction. The material in this form is
general in nature and does not limit your obligations under the contract
of sale that you will be required to sign.
TERMS OF
SALE: Your responsibilities as purchaser have been advertised
prior to the day of auction and will be read by the Auctioneer at the
time of the auction. Additional terms may be announced on the day of the
auction or may be posted at the auction site. The Auctioneer will make
important announcements regarding the property and your obligations as a
Purchaser. Please feel free to ask any questions regarding these terms.
CONDITIONS
OF PROPERTY: The property will be sold “AS IS”. Unless otherwise
announced, the Sellers make no representations or warranties about the
condition of the property. The Sellers will NOT make any repairs.
DEPOSIT: Your deposit will be credited towards the purchase price.
If you do not comply with the “TERMS OF SALE”, either published or
within the contract of sale, you might lose all or part of your deposit.
In addition, if you fail to settle for the property, you might be
obligated to pay the expenses to resell the property.
EXPENSES: You will be responsible for the expenses of owning the
property as of the date of settlement. We recommend that you obtain a
fire insurance binder on the property immediately as of the date of the
auction. The Purchaser will pay all of the settlement expenses,
including title fees and recordation costs.
SETTLEMENT: The settlement or closing period is specified within the
terms of sale. You will be expected to settle for the property within
the specified time.
FINANCING: It is the Purchaser’s responsibility to obtain financing.
If you plan to use a mortgage to purchase the property, we recommend
that you apply for the loan immediately. If the bank must take longer
than the specified time to complete the loan, the Sellers may extend
settlement for a short period of time if you can provide proof of a loan
commitment. If you do not obtain the financing within the specified time
for settlement, you will be in default of your contract of sale.
FAILURE TO
COMPLY WITH ANY OF THE TERMS OF SALE MAY CAUSE YOU TO FORFEIT YOUR
DEPOSIT AND BE RESPONSIBLE FOR THE EXPENSES TO RESELL THE PROPERTY!
About Item Descriptions
and Photos
Isennock Auction Services, Inc.
(the Auctioneer) has attempted to describe all items in an accurate manner
and will not be held responsible for any description of items contained
herein. The Auctioneer's descriptions are done in good faith, and no
warranties of any kind are made. The Auctioneer does not make any warranty
as to the particular colors or other intrinsic or specialized traits of an
item that appears in a photograph either on the website or in any written
material produced by Auctioneer. All items are sold "AS IS". All sales are
final. All credit card sales are final.
Robert L. Isennock, Sr., Auctioneer & Appraiser
Cindy T. Isennock, CAI, ISA, Auctioneer & Appraiser
John Gasparini, Auctioneer & Appraiser
Don Roberts, Auctioneer & Appraiser
4106B Norrisville Road, White Hall, MD 21161
410-557-8052 (Office) – 410-692-6449 (Fax)
isennock@isennockauction.com
Maryland Auction Group
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