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STAYEDMontgomery County, PA Sheriff Sale: 138 Derr Drive

Due Diligence

Seller Name:	MontcoPASheriff
Rating:	Not Applicable
Location:	138 Derr Drive Collegeville, PA 19426

STAYED
Auction Type:	Stayed
Auction Started:	04-30-25 01:00 PM ET
Auction Closed:	04-30-25 04:00 PM ET

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Asset Information

Deposit Requirement

A single $10,035.00 deposit (includes a $35 nonrefundable processing fee) is required to participate in the 04-30-2025 Montgomery County Sheriff sale.
Deposits must be received by Bid4Assets no later than 4:00PM ET (1:00 PT) Wednesday, April 23rd
Click here to place your deposit.

Disclaimers

Montgomery County Sheriff's Office retains the right to reject any and all bids for any reason.
Montgomery County Sheriff's Office may withdraw this property from the auction at any time before or during the sale.
Montgomery County Sheriff's Office reserves the right to cancel the sale of a property at any time prior to the issuance of the deed.

Item Specifics - Parcel Information

Parcel Information
Parcel Number	04-00-00257-24-3
Address	138 Derr Drive Collegeville, PA 19426

Other Properties
County	Montgomery
Sheriff Number	23002971
Attorney	Stern & Eisenberg, PC
Debt Amount	$336,791.85
Defendant	Sims Michelle G & USA
Plaintiff	The Bank of New York Mellon, successor to The Bank of New York, niiicbsa Trustee on behalf of the holders of the CIT Mortgage Loan Trust, 2007-1 Asset Backed Certificates, Series 2007-1
Township	Collegeville Borough
CourtCase	2023-05747
Address	138 Derr Drive Collegeville PA 19426
Property Description	R-Single Family All Costs: $2,734.63

All Seller-Related Due Diligence — (View Related Auctions)

The due diligence items below apply to all related auctions from this seller.

General Sale Information

Terms of Sale

Post-Auction Process for Third-Party Buyers

Asset Description

End of Auction
After the close of the final auction of the day for this seller, all winning bidders are sent detailed instructions via e-mail on settlement procedures and how to provide the necessary deed transfer information.

The seller requires that the winning bidder submit the deed transfer information to Bid4Assets within 2 days of the close of auction.

Bidding Requirements

To bid on this auction, all bidders are required to become qualified by placing a deposit. The deposit of the winning bidder is automatically transferred to the seller at the end of the auction. If the winning bidder fails to perform on any auction, the entire BidDeposit will be forfeited to the seller. Non-winning bidder deposit refunds are mailed within ten (10) business days after the close of the auction. This deposit cannot be applied to other auctions. To find out more about the BidDeposit requirement, click here.

Settlement Requirements

Full payment must be received by Bid4Assets no later than 12 calendar days following the close of the auction. — No exceptions will be made. If the payment policy is not adhered to the winning bidder will forfeit their deposit to the Montgomery County Sheriff’s Office and may be banned from future sales.

The exact settlement cutoff date and time will be listed in the Deed Wizard settlement process after the close of auction(s).

A $35 per-parcel-won administrative fee will be added to the final sale price.

***STAYED***Montgomery County, PA Sheriff Sale: 138 Derr Drive

STAYEDMontgomery County, PA Sheriff Sale: 138 Derr Drive