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Real Estate Auction
Previous Page Listing ID#: 1476654
Auction Location |
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Hooksett, NH 03106 |
Auction Dates and Times |
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Tuesday Jan 31, 2023 Completed |
Auction Type |
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Live Auction with Online Bidding |
Company Information |
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Paul McInnis LLC Contact: Paul McInnis Phone: 603-964-1301 Email: admin@paulmcinnis.com Website: www.paulmcinnis.com GoToAuction.com ID#: 6141 View company information and listings |
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Listing Terms and Conditions |
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GENERAL TERMS & CONDITIONS
Paul McInnis LLC has been retained by the Mortgagee to sell, at foreclosure auction, the four properties described in the Mortgagee’s Notice of Sale.
LOCATION: The Live Auction for all four properties will take place on Tuesday, January 31st at 11:00 a.m. on-site at 523-527 West River Road in Hooksett, NH. The auctioneer will not be on-site at the other three properties. All four properties are being sold individually.
BIDDING ON-SITE OR ONLINE: Bidders interested in bidding on any of the four properties will join the auctioneer at 523-527 West River Road. If a Bidder is unable to attend the auction in person, they will have the option to bid online during the live auction from their computer or mobile device. In order to bid online, there are additional steps a bidder must take, which will be explained later in this package.
BIDDER DEPOSIT: If a bidder wishes to bid on one or more of the four properties, they will need to provide the required deposit for each of the properties they wish to bid on. Bidders can either bring a Cashier’s Check or Certified Check, made payable to Paul McInnis, LLC Escrow, to the auction location at the time of the sale, or they can provide their deposit electronically through EARNNEST. EARNNEST is a digital payment platform, and a link can be found either on the Auctioneer’s website or by request of the auctioneer at admin@paulmcinnis.com. Electronic Deposits must be initiated no less than 24 hours prior to the auction.
Deposit Amount Per Property:
Property A – 523-527 West River Road, Hooksett, NH $50,000.00
Property B – 13 Allenstown Road, Allenstown, NH $50,000.00
Property C – 84 South Village Road, Loudon, NH $10,000.00
Property D – 40 South Village Road, Loudon, NH $10,000.00
REGISTRATION: To bid, a bidder will need to fill out the Bidder Registration Form. If a bidder is attending the sale on-site, the completed and signed Bidder Registration Form must be presented with the required Deposit(s) to the auctioneer. If a bidder wishes to bid online, they will need to provide the required Deposit to the Auctioneer’s Office or electronically and submit the completed and signed Bidder Registration Form to the office of the auctioneer no later than 24 hours prior to the auction. The Bidder Registration Form can be emailed to admin@paulmcinnis.com, or sent to you through Dotloop by request of the auctioneer.
SIGNING THE MEMORANDUM OF SALE: The highest bidder at the auction will sign the purchase and sale agreement immediately following the auction. A copy of the Memorandum is included in this package which should be reviewed prior to bidding. If the high bidder(s) are on-site, they will sign the Memorandum manually with the auctioneer. If the high bidder(s) are online, they will receive the Memorandum electronically through Dotloop for their electronic signature. All signatures will be completed immediately before the auctioneer leaves the auction premises, or the buyer will be considered in default, and the high bidder’s deposit(s) will be forfeited.
ADDITIONAL DEPOSIT: The Successful Bidder(s) will be required to tender an additional deposit to increase their initial deposit to a total of Ten Percent (10%) of the Total Purchase Price no later than 48 hours from the close of the auction. The deposit must be by wire transfer or check payable to Paul McInnis LLC Escrow Account in U.S. funds. Should the successful bidder fail to execute the Memorandum of Sale and tender the additional deposit, the Bidder agrees to forfeit the initial deposit which shall become a NON-REFUNDABLE, NON-COMPLIANCE FEE.
DUE DILIGENCE: It is the bidder’s responsibility to undertake their own due diligence and inspection of the property prior to placing any bids. A complete review of the property information package (with additional links) including the Memorandum of Sale with your attorney is encouraged.
PROPERTY CONDITIONS: Except as expressly set forth in the real estate Purchase & Sale Agreement, if and when executed, the property is being sold "AS IS," "WHERE IS," and "WITH ALL FAULTS," as of the closing date. Neither the Mortgagee, Paul McInnis LLC nor any of their agents, contractors, attorneys, officers, or directors ("agents") makes any representations or warranties with respect to the physical condition of the land or any improvements thereon, the property’s fitness for any particular purpose, the property’s merchantability, or any other warranty, express or implied.
The Mortgagee, Paul McInnis LLC and their agents specifically disclaim any warranty, guaranty, or representation, oral or written, past or present, express, or implied concerning the land and any improvements thereon. Bidders are expected to undertake their own independent physical inspection of the property, and public records, and thorough review of all documents prior to submitting their bid(s) and to submit their bid(s) based solely on their own independent investigations and findings including but not limited to bidders’ own independent investigation of the uses, code compliance and land use regulatory approvals necessary for redevelopment and not in reliance on any information provided by the Mortgagee, Paul McInnis LLC or their agents.
AUCTION SEQUENCE: The auctioneer will start the auction with Property A through Property D posting the high bids and marking the bids as pending. The Auctioneer will then proceed with additional rounds of bidding which will occur until the auctioneer either declares a property sold, passed, or bid rejected.
Property Address Bid Price Bidder #
A 523-527 West River Road, Hooksett, NH
B 13 Allenstown Road, Allenstown, NH
C 84 South Village Road, Loudon, NH
D 40 South Village Road, Loudon, NH
If you have any questions about the properties or the auction process, feel free to email
paul@paulmcinnis.com or justin@paulmcinnis.com
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Listing Information |
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Mortgagee’s Sale at AUCTION Re: Plourde Sand & Gravel Inc. Four Properties totaling 186± Acres Hooksett, Allenstown & Loudon New Hampshire Tuesday, January 31st at 11:00 a.m.
Paul McInnis LLC Auctioneer will sell at foreclosure auction, two aggregate excavation sites, a home with acreage and a general store with apartments at a single auction event. Bidding for all four properties will take place at 523-527 West River Road, Hooksett, NH with online bidding available by request.
Property A: 523-527 West River Road, Hooksett is an 87±-acre site currently operating as a sand and gravel pit with frontage on Route 3A behind the I93 travel center. The property is in the industrial zone and abuts the Boston and Maine Railroad line. Improvements include a 9,720± sq.ft. service facility and scale house with 80’ scale. Tax Map 1, Lots 2-1, 2-2, 2-3 & 2-4. Deposit to Bid: $50,000.
Property B: 13 Allenstown Road, Allenstown is a 68.2±-acre site in the Business zone with 1,548± feet of frontage on Route 3, 3,785± feet of frontage on Granite Street and 1,412± feet of frontage on Old Chester Turnpike. The property is an aggregate excavation site improved with a 1,390± sq.ft. office. Tax Map 108, Lot 3. Deposit to Bid: $50,000.
Property C: 84 South Village Road, Loudon is a 31.3±-acre site in the Village District zone, bordered to the west by the Soucook River and improved with a 1,224± sq.ft. home and 1,530± sq.ft. detached garage. There had been gravel operations on a portion of the property. Tax Map 20, Lot 13 & 26. Deposit to Bid: $10,000.
Property D: 40 South Village Road, Loudon is currently operating as the Loudon Village Country Store with two residential apartments on the second floor. The store totals 2,300± sq.ft. with an enclosed porch for extra seating. There is parking on-site, the lot totals .90± acres and is serviced by natural gas. Tax Map 20, Lot 24. Deposit to Bid: $10,000.
Inspection: See website for inspection times, if any. Lic. #2089 - (603) 964-1301 - Ref.#23PM-01 ABCD |
Auction License: #205 MA - #2089 NH |
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