15 E. Clarke Ave. Milford
AUCTION
1.62 Acre lot in Milford
Large, beautiful lot in the town of Milford.
15 E. Clarke Ave. Milford, DE.
Saturday 10/1/11 @ 2pm
Minimum Opening Bid $10,000
J. David Villabona
“The Real Estate Auctioneer”
302-670-7000
Alliance Realty & Auction Co., Inc
302-730-1000
Property : Tax ID # 3-30-10.08-18.02
Drastic price reduction! Large, one of a kind, lot on a quiet street in the town of Milford. Water and sewer available. Impact/hook up fees will be the responsibility of the Buyer. You won't believe how large this lot is - all the elbow room you'll ever need. Ask about building more than one home on this parcel. This parcel of land will be sold at public auction on 10/1/11 at 2:00 PM.
Directions: From RT 1 South, turn Right on NE Front St Ext/SR 14, then turn Left on N Walnut, turn Left on S Walnut, turn Left on E. Clarke Ave, lot is on left.
Terms: Minimum starting bid must be $10,000 or more. This is the opening bid only not the “Reserve” bid. The required deposit is $10,000.00. Deposit in the form ofcash, cashier’s check, or check approved by Broker/Auctioneer. Buyer must haveproper identification. Balance of purchase price is due at final settlement. Buyer willpay a 10% buyer’s premium as part of the purchase price. The “final “bid price” or“hammer price” plus the 10% buyer’s premium will equal the final purchase price. Settlement must occur within 45 days. Time is of the essence. Transfer tax will be split equally between Seller and Buyer. Prospective Buyer is responsible for any and all inspections prior to auction. Seller must convey clear title, free of all liens and encumbrances. Property is being sold “as is”, “where is”. Seller and Real Estate Broker/Auctioneer make no warranties or representations, expressed or implied, of any kind. Sale subject to Seller’s confirmation. Seller may accept or reject any bid. However, it is truly the intention of the Seller to sell this property. Subject to prior sale. Call before the auction to be sure it has not been sold prior to the auction.
Property Inspection/Tour: Property can be inspected anytime prior to the auction. However, please call Auctioneer before your visit at 302-670-7000. Also, auction staff will be on site 2 hours before the auction.
Mortgage Financing: Low interest, fixed rate, mortgage financing may be available to purchase this property. Potential buyers are encouraged to contact their bank or mortgage lender ahead of time.
Brokers: Brokers are welcome. Commission will be 2.5% paid at settlement.
Note: All bidders must be registered to bid prior to 2:00 PM on 10/1/11. Phone or fax registrations will be accepted. Phone bids will be accepted provided good deposit funds have been received by auction time.