MD Eastern Shore "Delmar"

One Story Rancher
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Listing Details

Sold Price
$29,000
Auction Date
Auction Time
12:00 PM
Address
8 Spruce Street, Delmar, MD, 21875
County
Wicomico County
Neighborhood
Delmar
The property is available to inspect. Please click the above link and return the signed Waiver, Indemnity and Premises Use Certification form to the office of the Auctioneer.
Scroll down for Complete Details, including: property description and Terms of Sale.

HOLLOWAY & SULLIVAN, LLC
One N. Charles Street - Suite 2525
Baltimore, MD 21201

GUARDIAN'S AUCTION

MD EASTERN SHORE

In Wicomico County

Sale On Respective Premises
FRIDAY, JUNE 20, 2014
At the Following Times

 

At 12:00 Noon
One Story Rancher
  - Sold Absolute Above $25,000 - 
8 SPRUCE STREET
Delmar, MD 21875

    Wood frame and shingle home located opposite Gordy Park.  According to public tax records, the home was constructed in 1973 and contains 856 square feet of living area.  The house has a composition shingle roof, covered front porch, vinyl-clad double hung windows, fenced rear yard and off-street parking.  Tax records indicate that the property is zoned R2, is served by public water and sewer, and has electric heat and air conditioning.  Lot size:  72' x 189', or 0.31 acre, more or less. The home is believed to contain a living room with wood floor, kitchen, 3 bedrooms, bath and utility room. In fee simple.

    Published annual real estate taxes are $1,208

    Deposit $2,500

 

 

 

TERMS OF SALE

    Deposits as stated above, payable by cashier's check, will be required of the purchaser at time and place of sale.  The deposit shall be increased to 10% of the purchase price by 12 noon on Monday, June 23, 2014 at the Auctioneer's office (wiring instructions will be provided or a personal or business check for the increased deposit will be accepted at the auction).  Balance to be paid in cash at settlement, which shall take place within 45 days.  If payment of the deposit or balance does not take place within the specified time, the deposit shall be forfeited and the property may be resold at the risk and expense of the purchaser. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of sale to date of settlement.  All adjustments, including taxes, all other public charges and assessments payable on a monthly or annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of sale and assumed thereafter by the purchaser.  The properties will be sold in "AS IS" condition, and subject to easements, agreements, restrictions or covenants of record affecting same, if any.  Purchaser assumes the risk of loss from the date of sale forward.  The purchaser agrees to waive the right of inspection for lead paint, as provided under current Federal and State law.   If the Seller is unable to convey good and marketable title, the purchaser's sole remedy in law or equity shall be limited to the refund of the deposit.  Upon refund of the deposit this sale shall be null and void and of no effect, and the purchaser shall have no further claim against the Seller or Auctioneers.  Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser except where otherwise mandated by local, State or Federal law.  Time is of the essence.

    No buyer's premium.

    NOTE:  The information contained herein has been obtained from sources deemed reliable and is believed to be accurate.  However, no express or implied warranty is made or may be inferred from any such representation.  Dimensions, square footage and acreage contained herein are more or less.  Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property.

Auction by order of:
Terry K. Sullivan, Guardian of the Property of Elsie M. Farrell