1419 STEEPLE CHASE ROAD
DOWNINGTOWN, PA 19335
It is the minimum amount you can bid above the current bid price. A bidder can place a bid amount that is equal to or greater than the bid increment (e.g., through a flat bid using our advanced bidding features), just not less than the bid increment. Bid Increment: $1,000
|Number of Bids:||0|
|It is the floor at which bidding begins. Our system cannot accept a bid lower than the upset price amount. When the Minimum displays "Awaiting Upset Price" the upset price price has not been finalized. The upset price will be finalized before the start of the auction. Upset Price:||Awaiting Upset Price|
|Closes In:||34 days|
|Your Bid Status:||Log in to view status|
|It is the minimum dollar amount a Seller is willing to accept for an auction. This amount is not disclosed on the Web site, but bidders are notified once the reserve price has been met. Auctions with no reserve price are labeled as "No Reserve" on the auction listing. Reserve:||No Reserve!|
|Auction Starts:||09-15-22 11:00 AM ET|
|Auction Closes:||09-15-22 01:00 PM ET|
|It is an extension of the auction close time and keeps an auction open as long as there is active bidding. It occurs automatically when a bid is placed within the last few minutes of an auction. The auction will remain open until an entire overtime increment has passed without any bidding. The overtime increment is indicated on the auction listing. Overtime Period:||5 minutes|
|BidDeposit:||$10,035 — See Instructions|
|This fee is added to the winning bid amount and covers the costs associated with the auction. The buyer's premium percentage is indicated on the auction listing and displayed during the bid process. See the Settlement Requirements section of the auction for more details on the Buyer's Premium. Buyer's Premium:||1.5%|
|Address||1419 STEEPLE CHASE ROAD
DOWNINGTOWN, PA 19335
|Defendant||SHEARMAN (EXECUTOR), CLYDE W et a|
|Plaintiff||FINANCE OF AMERICA REVERSE LLC|
|Address||1419 STEEPLE CHASE ROAD, DOWNINGTOWN PA 19335|
The due diligence items below apply to all related auctions from this seller.
General Sale Information
The seller requires that the winning bidder submit the deed transfer information to Bid4Assets within 2 days of the close of auction.
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 emailed 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.
Purchaser shall pay the balance of 10% of the purchase price plus a 1.5% buyer’s premium (on the total purchase price) by 4:00 PM ET on the day of the Auction. Purchaser shall have 21 calendar days from the auction date to pay the remaining balance. Payments shall be made to Bid4Assets. — No exceptions will be made. If the payment policy is not adhered to the winning bidder will forfeit their deposit to the Chester 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.
This auction requires that the winning bidder pay a Buyer's Premium of 1.50% of the winning bid amount. (The Buyer's Premium covers the costs associated with the auction).
This amount will be added to the winning bid and will be included in the total purchase price paid by the Buyer to the Seller.