Tax Delinquent Caroline County Real Estate

PUBLIC SALE OF TAX DELINQUENT CAROLINE COUNTY REAL ESTATE - TO BE SOLD…

AT AUCTION!

Friday, March 26, 2010 at 10:00 A.M.

Caroline County Community Center Auditorium

17202 Richmond Turnpike

Milford, VA

NOTICE: SPECIAL COMMISSIONER’S SALE OF REAL ESTATE

Pursuant to the terms of those certain Decrees of Sale from the Circuit Court of Caroline County, Virginia, the undersigned Special Commissioner will offer for sale at public auction in the Caroline County Community Center Auditorium, Milford, Virginia, on Friday, March 26, 2010 at 10:00 A.M., subject to the following terms and conditions, the following-described real estate:

Parcel 1 (Baylor)                  0.5 acre, more or less, Improved, 17101 Richmond Turnpike; Tax

                                                Map ID#56-A-149

Parcel 2 (Gorham)                0.081 acres, more or less, southwest of Route 668 and Route 2;

                                                Tax Map ID#  8-A-50A

Parcel 3 (Gorham)                2.65 acres, more or less, southwest of Route 668 and Route 2;

                                                Tax Map ID#  8-A-51

Parcel 4 (Worrell)                Lots 1694 and 1695 combined, Lake Caroline Subdivision, on Loyalist

                                                Drive; Tax Map ID# 67A5-1-1694

Parcel 5 (Carper)                  Lot 1604, Lake Caroline Subdivision, on American Drive; Tax Map

                                                 ID# 67A4-1-1604

Parcel 6 (Smith)                    Lot 1558, Lake Caroline Subdivision, on Musket Drive; Tax Map ID#

                                                67A4-1-1558

Parcel 7 (Fortune)               REDEEMED  2.01 acres, more or less, west side of S.R. 665; Tax Map ID# 60-A-26A

Parcel 8 (Tucker)                  5.8 acres, more or less, Lot 7, Roberts Subdivision; Tax Map ID# 38-4-7B

Parcel 9 (Johnson)                Lot B340, Lake Land’Or Subdivision, on Cornwall Drive; Tax Map ID#

                                                51A6-1-B-340

Parcel 10 (Middlebrook)     Lot 818, Lake Land’Or Subdivision, on Redground Drive; Tax Map

                                                ID# 51A8-1-818

Parcel 11 (Price)                  2.5 acres, more or less, Lot 1 of C.L. Bullard’s Subdivision, west side

                                                of Virginia Avenue; Tax Map ID# 44-3-1

Parcel 12 (Reynolds)           REDEEMED   0.8018 acre, more or less,  Lot  3, M.                                        Woolfolk Estate, west side of Route 2 and Route 607;                                        Tax Map ID# 17-14-3

Parcel 13 (Reynolds)      REDEEMED   0.8018 acre, more or less, Lot 4, M.                                        Woolfolk Estate, west side of Route 2 and Route 607;                                    Tax Map ID# 17-14-4

Parcel 14 (Chinn)                  Lot 980, Sec. 2, Caroline Pines Subdivision, on Country Club Lane; Tax

                                                Map ID# 93A2-1-980

Parcel 15 (Foster)                 Lot 150, Sec. 2, Caroline Pines Subdivision, on Country Club Lane; Tax

                                                Map ID# 93A2-1-150

TERMS OF SALE:  All sales are subject to the approval of the Circuit Court. A 10% Buyer’s Premium will be added to the highest bid and will become a part of the total sales price on each property.  The highest bidder shall deposit ten percent (10%) of the total sales price, by either cash or good check, which sum shall be credited toward the purchase at closing.  The balance of the purchase price, in cash or certified funds, shall be deposited with Union Bank & Trust Company, General Receiver, within fifteen (15) days of Court confirmation.   TIME IS OF THE ESSENCE.  All properties will be conveyed by Special Warranty Deed, subject to any easements and covenants of record, and any rights of persons in possession. Title insurance is available to purchasers at their expense, and subject to all requirements for issuance.  Interested parties may go upon the concerned real estate for the purpose of making an inspection.

Announcements made the day of sale take precedence over any prior written or verbal terms of sale.

Thomas L. Bricken, Esq. Special Commissioner

Sands Anderson, PC          

Post Office Box 907                                                           

Fredericksburg, VA 22404-0907                          

www.sandsanderson.com

www.vadelinquenttaxsale.com

REAL ESTATE TERMS OF SALE

AUCTION

Special Commissioner’s Sale of Real Estate

Caroline County, Virginia

Friday, March 26, 2010 @ 10:00 A.M. 

Caroline County Community Center Auditorium

All sales are subject to the approval of the Circuit Court of Caroline County, Virginia. A 10% Buyers Premium will be added to the highest bid and will become a part of  the total sales price on each property.  The highest bidder shall deposit 10%  of the total sales price, by either cash or good check, which sum shall be credited toward the purchase at closing.  The balance of the purchase price, in certified funds, shall be deposited with Union Bank and Trust Company, General Receiver, within fifteen (15) days after Court confirmation.  TIME IS OF THE ESSENCE.  All properties will be conveyed by Special Warranty Deed, subject to any easements and covenants of record, and any rights of persons in possession.  The purchaser understands these properties can be redeemed by the current owner of record prior to confirmation by the Court. The purchaser understands that the former owner of the parcel(s) may for good cause shown, within ninety (90) days from the entry of the sale confirmation in this matter, petition the Court to have this sale reheard. Should any parcel(s) fail to receive confirmation, be redeemed by the owner, or have the sale reheard and found in favor of the  landowner, the purchasers sole remedy shall be return of their purchase price only and the sale will become void and of no effect. The purchaser will be responsible for the real estate taxes on the purchased parcel(s) beginning April 1, 2010.  Obtaining financing, if needed, is the sole responsibility of the purchaser. The sale is not contingent upon the purchaser obtaining financing or any other matters. No loan points payments, closing cost assistance, or any other purchase incentive is being offered. While all information regarding the parcel(s) has been from sources deemed reliable and believed correct, neither the County of Caroline, the Special Commissioner, the Auction Firm, or their representatives or employees, make any guarantees or warranties, expressed or implied whatsoever regarding, without limitation, the structural integrity, physical condition, construction, extent of construction, workmanship, materials, habitability, zoning, fitness for a particular use or purpose, topography, soil type or content, functionality of any and all systems, availability of public utilities, or merchantability of all or any part of the property. Prospective purchasers shall rely solely upon information obtained through their own due diligence. Any reliance upon the information provided shall be solely at the risk of the purchasers. These terms, along with the “Purchaser’s Acknowledgement and Contract of Sale”, signed by each purchaser, and all announcements made from the auction block become a part of the purchase agreement.

 I/We understand and agree to abide by the aforementioned terms, which become a part of the real estate contract to purchase.