REAL ESTATE AUCTION
OF VALUABLE FEE SIMPLE PROPERTY
*** SOLD 55,000.00 SOLD ***
House and Lot: 108 Vernon Avenue, Federalsburg, MD 21632
TIME AND PLACE OF SALE:
108 Vernon House and Lot: at the property, May 1, 2021 at 12:30 PM. Rain or shine
108 Vernon Avenue: 6300 sq. ft. lot improved with older 1.5 story three bedroom 1 bath residence, more fully described in Liber 298 folio 211, a Land Record Book for Caroline County, identified as tax account no. 05-009596, and shown on Tax Map 201 as parcel 207, Town of Federalsburg, Fifth Election District, Caroline County, State of Maryland.
TERMS OF SALE:
108 Vernon Avenue. A deposit of Ten Thousand Dollars ($10,000.00) in the form of a cashier’s or certified check shall be paid at the time and place of sale, the balance of the sales price shall be paid by cashier’s or certified check at the settlement, and settlement shall be on or before June 15, 2021, unless said period is extended by the Seller, their successors or assigns, for good cause shown
Time is of the essence. In the event purchaser fails to go to settlement as required, seller’s sole remedy shall be to retain the deposit(s) as liquidated damages. Each property shall be sold subject to all restrictions, liens, covenants and encumbrances of record. Taxes, water, and all other public charges and assessments payable on an annual basis shall be adjusted to the date of sale and assumed thereafter by the purchaser.
In the event Seller is unable to convey good and marketable title, subject to those matters set forth above, purchaser’s sole remedy shall be the return of the deposit without right to interest or damages, from the Personal Representative, the Estate, all sellers and auctioneer. Costs of all agricultural transfer taxes, documentary stamps, state, county and local transfer taxes, recording fees, document preparation, title examination, and title insurance shall be borne by purchaser.
The property is being sold in "AS IS" condition with purchaser responsible for all and any housing or livability code or zoning code violations. The Personal Representative, the Estate, all sellers and the auctioneer make or give no warranties, express or implied with respect to the property, including, but not limited to: exact acreage, zoning, environmental conditions; or the structural integrity, physical condition, construction, extent of construction, workmanship, materials, habitability, zoning, environmental conditions, fitness for a particular purpose or merchantability of improvements.
The information contained in this advertisement was obtained from sources believed to be reliable, but is offered for informational purposes only. The auctioneer, Estate, and Personal Representative and all sellers make NO representation or warranty, express or implied with respect to the completeness or accuracy of this information. A prospective purchaser should consult with his or her own attorney.