Secured Party Real Estate Auction
Tuesday, April 1st at Noon
Registration begins at 11:30AM
AUCTION HELD AT THE MCDOWELL COUNTY COURTHOUSE
Property Address:
289 Booker T. Stephens Way
Premier, WV 24878
3 Bedroom, 2 Bath Manufactured Home
1,680+/- sqft.
2006 Model
Central Air & Forced Air Electric Heat
Fireplace
Front Porch
Off-Street Parking
Public Water & Sewage
0.16+/- Acres (as assessed)
District 4, Map 41, Parcels 157 & 159
TERMS OF SALE:
Sale of the Real Estate will be made by the Trustees by public auction to the highest bidder. The Trustees reserve the right to reject any bid that in the Trustee's opinion is inadequate.
The Trustees also reserves the right to continue the sale of the Real Estate from time to time by oral proclamation or by posting a notice of the same where legal notices are posted in McDowell County, West Virginia, which continuation shall be in the sole discretion of the Trustees. Should the Trustees not appear at the time appointed for the sale and there is no notice posted of a continuance, please contact the office of the Trustees to make further inquiry. Please direct any inquiries or objections to the sale to the Trustee in writing at the following address: Trustee, Paige K. Vagnetti and/or Alley J. Cook, Esquire, at Dinsmore & Shohl LLP, 215 Don Knotts Blvd, Suite 310, Morgantown, West Virginia 26501 (304) 296-1100. Any sale may be conducted or adjourned by the designated agent or attorney of the Trustees. Beneficiary or Beneficiary's designee may purchase the Real Estate at the sale, in whatever manner sold, and in such case, the Beneficiary shall have the right to credit against the amount of the successful bid made therefore all or any of the secured debt then due.
Joe R. Pyle Auction Service will assist with the sale and shall require a 10% buyer's premium payable directly to Joe R. Pyle Auction Service at the sale. Any sale hereunder may be adjourned from time to time without notice other than oral proclamation at the time and place appointed for the sale. The Substitute Trustees reserve the right to reject any or all bids. Conveyance shall be by special warranty deed, and purchaser shall pay for all transfer stamps, recording fees, and other closing costs.
TERMS OF SALE: Ten percent (10%) of the sales price shall be paid by cash, cashier's check, or check guaranteed by bank letter of credit in acceptable form, in hand on the day of sale (the "Good Faith Deposit"), with the balance to be paid in cash at closing within 30 days after the date of sale and such additional terms required by the sale agreement to be entered into by a successful bidder. Additional terms of sale may be announced before the sale.
Conveyance will be made by Trustee's Deed in the form prescribed by W. Va. Code§ 38- 1-6, subject to all governmental charges and assessments, utility charges, easements, covenants, rights-of-way, conditions and restrictions of record. Every lot or parcel of the Real Estate, and any improvements located thereon, are sold in "AS IS" condition. The Beneficiary of the Deed of Trust does not make any representations or warranties as to the physical condition of the Real Estate. Any and all legal procedural requirements to obtain physical possession of the Real Estate after the sale are the responsibility of the purchaser. Risk of loss or damage will be the purchaser's from and after the foreclosure sale. All outstanding taxes, assessments and utility charges will be the responsibility of the purchaser. All settlement fees, costs of conveyance, examination of title and recording charges shall be at the expense of the purchaser. Trustees make no representations regarding the state of title to the Real Estate. If Trustees cannot convey insurable or marketable title, purchaser's sole remedy is the return of the purchase money paid by the purchaser for the purchase of the Real Estate. The purchaser shall be responsible for the payment of the transfer taxes imposed by Article 2 of Chapter 11 of the West Virginia Code. Sale is made subject to the right of the Internal Revenue Service to redeem the Real Estate as provided by Section 7425 of the Internal Revenue Code of 1986, as amended. Additional terms and conditions shall be announced at sale.
JOE R. PYLE COMPLETE AUCTION & REALTY SERVICE
(888) 875-1599
5546 Benedum Drive Shinnston West Virginia 26431
www.joerpyleauctions.com
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