4929/4935 State Rte 55 Ferndale, Town of Liberty, Sullivan County, NY. Ending 10/25 @ 1:01PM

COMMERCIAL OPPORTUNITY!

Online Auction Closes: Thursday, October 25, 2018 1:01PM. Property opens for bidding Monday, October 22 at 10AM.

Property Location: 4929/4935 State Route 55, Ferndale, Town of Liberty, Sullivan County, NY

Description: Former restaurant and cottage on Route 55. Municipal water and sewer with 1.34+/- acres. Tax ID# 40.-1-20
Cottage with 2 bedrooms, 1 bath, built 1970+/-, 600+/- square feet. Former restaurant with most contents. Liberty Central School District.

Property Information Packet
Internet Bidding Packet

Showing: By appointment. Contact Agent John Santiago 845-605-2504
 

Opportunity is knocking. Act now! 10% Buyer’s Premium.

Terms: $5,000 downpayment, bring up to 10% by 4PM Friday, October 26th. Closing 60 Days. Time is of Essence.

It's Easy to Bid! 
1) Get a Username & Password at AARbids.com
2) Register for the Online Only Auction
3) Complete Internet Bidding Packet and you can participate.

ANNOTATED TERMS OF AUCTION: We have been contracted to sell this property at Public Auction. Get a Username & Password at AARbids.com, register for the Online-only Auction and bring/mail our ‘Internet Bidding Packet’ containing the ‘Terms and Conditions’ and a $5,000 Guaranteed Funds/Bank check payable to: Absolute Auctions & Realty, Inc. Mail to: AAR, POB 1739, Pleasant Valley, NY 12569 – no exceptions, and you can participate. Credit Card Authorization Form in lieu of $5,000 bank check/Guaranteed funds available HERE. Additional Terms: If registration completed with Credit Card authorization, $5000 in cash, guaranteed funds or wire transfer must be received at our office in Pleasant Valley via FedEx/UPS by 4PM Friday, October 26th in addition to the Contract of Sale. Closing shall take place on or before December 21, 2018. Time is of the essence. Complete your due diligence prior to bidding. Time is of the essence. Deposit will be refunded to unsuccessful bidders.

Title & Liens: Property is sold with insurable title, free and clear of adverse liens or encumbrances at closing. 

Bidding Notes: The silent auction website has a “dynamic ending” feature; if someone “sniper bids” on a lot at the scheduled end of the auction, the system will extend the bidding clock  two minutes to give everyone time to bid again.