Bankruptcy Auction - By Order of the Court

Bankruptcy Auction - By Order of the Court

This auction conducted by Warner Real Estate & Auction 238/292 Merry Go Round Road, Rome, PA  18837 241 +/- Acres - Bradford County, PA 

• In re:  Eugene and Kimberly Haas, Debtors-in-Possession, Chapter 11 Case No. 17-19763 (KFC)

• Property Type:   Outstanding opportunity for recreational, hunting or investment this 241 acres in Northern Tier of Pennsylvania is 15 miles north of Towanda off Rt. 187 and south of Nichols, NY located in Bradford County situated in Windham, Orwell and Rome Townships this mostly wooded/brush cover provides lots of good habitat for wildlife.  The north side of the property had a previous stone quarry which is has been reclaimed, back filled and established seeded growth.  Oil, Gas & Mineral rights are sold with the property.  Other improvements include a substantial stone access driveway to the former staging and quarry area, road side gates, electric meter on property and well.   Property contains frontage on both sides of road.  Great potential for hunting, recreation or build your dream home!

• Zoning:   The zoning classification for the property is None-VAC RES LAND and also The Township of Windham has three elected supervisors that serve on the governing board.  The township also employs a secretary.  Windham Township has chosen not to organize a planning commission, comprehensive plan and zoning regulations.  The County Office of Planning and Grants handles all cases of subdivisions and land developements.

• Lot Size:  241 +/- acres

• Utilities:  Electric, Telephone

• Water Source:  Private

• Sewer Source:  Private

• Taxes:  As of 2016 – $4,438.44

 

Contact Agent:

Richard Warner – Warner Real Estate & Auction Co.

856-769-4111 ext. 710

rich@warnerrealtors.com

 

In Cooperation with: Tranzon Alderfer.  Online Bidding will also be available.

 

PROPERTY INSPECTION:  Saturday, April 13, 2019 10:00 a.m. – 12:00 p.m. 238/292 Merry Go Round Road, Rome, PA  18837

 

 

Summary of Terms:

PROPERTY INSPECTION:  Saturday, April 13, 2019 10:00 a.m. – 12:00 p.m. 238/292 Merry Go Round Road, Rome, PA  18837 

Buyer’s Premium:      10% Buyer’s Premium based on the high bid.

Auction Type:  Sale Subject to United States Bankruptcy Court Approval

Closing:  Within 10 days of United States Bankruptcy Court Approval, Sold “AS-IS” Condition, No Contingencies

BIDDING & DEPOSIT REQUIREMENTS: To register to bid, bidder must present a form of identification and cash, certified, cashier’s or bank check (or equivalent funds acceptable to Seller) payable to WARNER REAL ESTATE & AUCTION COMPANY, INC in the amount of $25,000.00. BUYER or BUYERS shall pay down immediately after knockdown to WARNER REAL ESTATE & AUCTION COMPANY, INC. a deposit of ten percent (10%) of the final sale price. The difference between the 10% deposit and $25,000.00 in certified funds can be paid with personal/business check. Said deposit to be held in the Escrow Account of WARNER REAL ESTATE & AUCTION COMPANY, INC. to conform with the Pennsylvania Real Estate License Law. Parties to sign an Agreement of Sale form accompanying these Conditions.

Broker Co-Op:  2% of the bid price will be paid as a buyer broker commission to the broker representing a purchaser on any auction property.

Agency Disclosure:  Warner Real Estate & Auction Company represents the seller in this real estate transaction.

Disclaimer:  Information contained herein is believed to be correct to the best of the auctioneer/broker’s knowledge but subject to inspection and verification by all parties relying on it.  Sellers, their representatives and auctioneer/broker shall not be liable for inaccuracies, errors, or omissions.  All square footage and other dimensions are approximate.