AUCTION!

                    Check out this link to see a video of the auctioned properties: http://www.placetour.com/auctions    

Salisbury, Maryland

            3 Bedroom 1 1/2 Bath 309 Charles Street, Salisbury Maryland

Single Family home or investment property. 

         The property is available to be shown now.  The property can be bought prior to

         the Auction.  Make you best offer. 

          Call Jerry Mueller 800-468-8366 or 302-745-1418 direct line.

                               Crisfield, Maryland

                         Bay Front Crisfield Maryland 547 Wellington Road

Magnificent Waterviews, directly on the Annernessex River, New Dock, stone rip rap. 

Sold as is. 

   Large Commercial Property & Building, Crisfield Maryland, 3457 Lawsonia Road

Front View                                                                  Large Lot in Front and Side                                        Rear View

Street Scene                                                                     Interior Room                                                             Entry

Sink Room                                                                    other rooms

other rooms                                                                                                                                                           Bathroom

Hall                                                                                Shower

           Excellent Location on Main Road in Crisfield, Richardson Avenue

office building on Main Road coming into Crisfield.  There are 2 sides that are separated                                 Side view and rear view

Street Scene                                                                  Side view                                                                Street Scene

Street Scene                                                                  Interior of larger side                                                 different angle same side

another angle                                                                 Bathroom                                                                       Other side (side 2)

Different angle                                                             2nd bath in side 2

6 Acres with Mobile Home and Large Repair Garage, Marion, Maryland, 30534 Marumsco Road. Sold as is. Listed at $125,000.00 Make an offer now.

This property does have a mobile home on it that is not pictured because it is functionally obsolete.  It is hooked up to a well and septic however property to be sold as is where is, no guarantees what so ever.

Out buildings on property                                               Garage/workshop showing acreage                          

Garage/workshop exterior and interior with electric

more pictures of Garage/workshop interior and exterior

3rd out building on property                                           picture of acreage                                                       house across the street (not on property)

 Street Scenes                                                          Road Frontage of subject property (house in distance across the street and not on the subject property)   

Check out this link to see a video of the auctioned properties: http://www.placetour.com/auctions    

       Terms of Auction:

American Auction Marketing Association

Terms and Conditions of the Auction

By bidding at the Auction, you are agreeing to the following Terms and Conditions with respect to the intent to purchase the subject property

 Starting Times
Please be at the particular auction promptly at the appointed time and place as it only takes a few minutes to sell a property. There will be a brief explanation of the auction process and terms & conditions before each property is sold. A round of bidding begins when the Auctioneer opens the bid and concludes by saying "going once, going twice, going three times, sold."

Identification:

All bidders are required to register for the auction giving full name, address and phone number. Evidence of correct form of deposit must be made in order to register

Registration/Deposit/Successful Bidder
Although there is no obligation to bid, all prospective buyers must register in order to bid at the auction. Proof of a cashier's check, certified check, money order made payable to yourself in the amount of $2,000 for residential properties, or & $5,000 for commercial, industrial, or acreage properties is required. Visa/MasterCard may be used in order to register to bid. Credit cards may be used as collateral only and are guaranteed, by the purchaser, to be replaced with funds within 72 hours of the auction.

• 10% Total Deposit-The successful bidder on each property will be required to make a deposit equaling 10% of the total contract price within 5 days after the auction to the listing broker. The total 10% deposit is nonrefundable and will be applied towards the purchase price at settlement and/or buyer's closing cost.
• Balance of deposit may be paid with a personal check.
• In all cases the minimum deposit is $2,000 for residential properties and $5,000 for industrial, commercial or acreage properties.
• If you are the high bidder, you will endorse the monies and turn them over to the Listing Broker's escrow account. If you are not the high bidder, simply redeposit your funds back into your account.

Bidding procedure:

At the conclusion of the announcement and question period, the auctioneer will solicit bids for the property. Bids are commonly made either orally or by raising hand. Bidding increments are made in amounts acceptable to the auctioneer, who may set a minimum bidding increments sale progresses. Any bid that is merely a nominal or fractional advance may be rejected by the auctioneer if in his judgment it may affect the sale injuriously. If a dispute arises between two or more bidders, the auctioneer shall decide in favor of one of the bidders, or immediately re-offer the property.

Deposit:

Your deposit will be credited toward 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, including any deficiency resulting there from, the Auctioneer will likely accept your personal or business check for the difference on the day of sale. Otherwise, you can bring, wire or messenger certified funds for the increased deposit within time stated

Expenses:

You will be responsible, for the expenses of owning the property as the date of sale. You are required to pay interest on the amount of the purchase price, less the amount of your deposit, from the date of the sale to the date you settle for the property. We recommend that you obtain a fire insurance binder on the property immediately as the date of sale. The purchaser will pay all of the settlement expenses, including title fees and recording costs.

Conditions
The Auctioneer's decision is final in the event of a dispute over any matter. The Auctioneer reserves the right to accept bids in any increments he/she/ feels are in the best interest of his/her clients and reserves the right to waive any previously announced requirements. All announcements from the auction block supersede any printed material or any other statements made previously. The Auctioneer reserves the right to withdraw any property from the auction, without penalty, with the approval of the seller.
 

Settlement:

The settlement or closing period is thirty (30) days.  You will be expected to settle for the property within the specific time.

Terms
When buying at this auction, the buyer agrees to .

• Pay all closing costs allowable under state law.
• Settle within 30 days after auction. Extensions of up to 30 days may be granted for closing with approval of the seller. Cost associated with this extension can equal up to 1% of the purchase price i.e. if unpaid balance is $100,000 the cost per day, in a thirty day month, is $33.33.
• Be a non-contingent buyer
• Purchase the property in "As-Is, Where-Is" condition unless otherwise stated or offered by the seller.

You are urged to inspect the property before the auction. The information contained in this brochure is subject to inspection and verification by all parties relying on it. No liability for the accuracy, errors or omissions is assumed by the Seller, Auctioneer or its Agents. This listing may be withdrawn or modified without notice at any time. No warranties or guarantees are expressed or implied unless otherwise offered or stated by the seller. Seller does not warrant that the existing structure meets any current city, county, state or federal building code, including with limitation, building code provisions having to do with electrical, plumbing, heating, sewage, roof or structure. Purchaser assumes responsibility to check with appropriate planning authority for intended use and hold broker, Auctioneer and/or seller harmless as to suitability for purchaser's intended use.

Terms of sale:

Your responsibilities as a purchaser have been advertised prior to the day of sale and will be read by the Auctioneer at the time of the sale. Additional terms may be announced on the day of sale or may be posted at the sale 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. 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, as well any deficiency incurred.

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 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. 

Phone-In Bids
Contact Auctioneer for instructions prior to date of auction.

Buyer's Premium
A fee due to the Auctioneer in the amount of 10 percent (10%) will be added to the final high bid and included in the total contract price. Buyer's premium can be financed and is considered part of the contract price that equals the total contract price. The buyer's premium is due on all properties in this auction.

Financing Information
Mortgage financing is available to qualified buyers on most properties in this brochure. Please contact the Listing Agent on each property for further details. In most cases the buyer's premium and closing costs can be financed.

Broker Participation
Cooperating brokerage is encouraged with licensed real estate agents. A commission of  two and a half percent (2.5%) of the high bid will be paid by the seller to the Cooperating Agent whose successful bidder closes on the property. The Cooperating Agent must attend the auction with his/her customer.

Inspection/Open Houses
Most of the properties will be open on weekends, for three weeks, prior to each actual date and time of the sale on the property. Call the Listing Agent for the times and dates of each open house or to set up an appointment. On the day of the auction most properties will be opened 1/2 hour prior to the auction for your inspection.
 

Condition of the 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 seller will not make any repairs.

Occupied/Leased/Cooperative Properties
Some of the properties are occupied. These properties will be sold subject to any occupancies. Every reasonable effort will be made to make occupied or unoccupied properties open for inspection prior to auction day, on the days and times stated herein; however, no sale will be contingent upon inspection of properties after the auction. All leased properties will be sold subject to existing leases. Occupied properties will be sold subject to tenant's rights according to state and local statutes. All Cooperative buildings will be sold subject to the approval of the respective Cooperative boards.

Auction Information
For information on any properties within this public offering, you may contact the auction company at (800) 468-8366. Hours of operation are: Monday thru Friday 9:00am to 5:00pm.

Jurisdictions:  

The respective rights and obligations of the parties with respect to the Terms and Conditions of Sale and conduct of the Auction shall be governed and interpreted by the laws of the State of the State of Delaware or Maryland. By bidding at any Auction whether present in person or by agent, by written bid, or other means the Buyer shall be deemed to have consented to the jurisdiction of the state and federal courts in the Sate of Delaware and Maryland. Any controversy or claim arising from or relating to the contract or any breach of such contract shall be settled by arbitration administered by the America Arbitration Association under its rules, and judgment on the award rendered by the Arbitrator may be entered in any court having jurisdiction thereof.

 Inclement Weather
In the case of severe weather on auction day, call (800) 468-8366 to confirm that the auction is still on schedule. More than likely, the auction will take place rain or snow.

                       Please fill in the following form.

Full Name ____________________________________________________

                   ^{First Name                                               Middle Name                                                         Last Name}

Business Address _______________________________________________

                             ^{Street                              City                                   State                                                  ZIP}       

Office Telephone _______________________________________________

Mobile Telephone ______________________________________________

Email Address _________________________________________________

Home Address _________________________________________________

                         _{Street                                          City                                    State                                            ZIP}

Registration Amount Received____________________________________

  I certify that I have read, understand and agree to the terms and conditions mentioned above 

DID YOU KNOW?...

That 35% Of All Real Estate Sold In This Country Is Sold Through Real Estate Auctions!!!

There are several unique advantages to using the Auction Method:

No Hidden Costs: Buyers Premium & $1,800 Registration Fee THAT'S IT!

If You Are... Motivated To Sell Your Property, Tired Of Waiting For The Right Buyer, Ready For Non-Contingent Contracts, Flexible In Your Pricing & Excited about a 30 Day Settlement:
THE AUCTION METHOD IS FOR YOU!

You Can Learn More About Auctions Just Email or Call Jerry Mueller at
(800) 468-8366 or (302) 539-5872