THIS IS A COMPLETED SALE
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Historical Home Real Estate Online Auction
Previous Page Listing ID#: 1539453
Auction Location |
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Mainesburg, PA 16932 |
Auction Dates and Times |
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Bidding Starts: Monday Aug 7 Bidding Ends: Monday Sep 25 |
Auction Type |
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Online Auction VIEW ONLINE CATALOG |
Company Information |
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United Country Jelliff Auction & Realty Contact: Randy Jelliff Phone: 570-835-4214 Email: randy@jelliffauctions.com Website: www.jelliffauctions.com GoToAuction.com ID#: 1031 View company information and listings |
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Listing Terms and Conditions |
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Real Estate Auction Terms & Conditions
By registering for this auction, the bidder agrees that the items listed below shall govern this auction and he/she agrees to them.
1: Bidder Deposit:To secure a bidder # and place bids, the bidder must deposit by credit card or wire transfer, a fully refundable deposit in the amount of $500. with auctioneer, (call Marcia at 570-660-9094 to make deposit). Auctioneer reserves the right to approve or decline any bidders attempting to register online but who fails to fully meet the requirements of the online registration. The high bidder agrees that once notified and declared as the winning bidder (bid has been accepted) he/she will pay by credit card, wire transfer, or Cashier's Check, within 24 hours of notification, a 10% earnest money escrow deposit to Auction Company based on the total purchase price (i.e. high bid amount + 10% buyer's premium = Total Purchase Price). ALL Online Bidder Deposits shall be returned to the online bidders within 4 business days following the auction.
2: Buyer's Premium: A 10% Buyer's Premium shall be applied to the winning bid placed online. The Buyer's Premium shall be added to the winning bid to arrive at the Total Contract Price to be paid by the buyer at closing. Property is offered subject to Owner's confirmation.
3: Sales Contract and Escrow Funds: Immediately upon conclusion of auction, the winning bidder shall sign a Purchase and Sale Agreement. The fully executed purchase and sale agreement shall control all terms and conditions of the sale and constitute the entire agreement between the seller and the winning bidder. In the event of a conflict between these Terms and Conditions of Auction and the Purchase and Sale Agreement, the terms and conditions of the Purchase and Sale Agreement shall prevail. No changes to the terms of the Purchase and Sale Agreement will be permitted. The winning bidder shall be required to enter into the Purchase and Sale Agreement in its current form immediately following the close of bidding. If for any reason a bidder fails or refuses to make the Earnest Money Deposit or to execute the Purchase and Sale Agreement immediately after being confirmed as the winning bidder, the Auctioneer and/or the seller reserves the right to declare the bidder's rights forfeited and may resell the property and pursue any other remedy available, whether legal or equitable, against such bidder. Any person bidding on behalf of another person or entity must have a valid, legally enforceable, unexpired and recordable Power of Attorney, approved by the Auctioneer and/or the seller prior to the auction. If a person is bidding on behalf of a corporate entity, the bidder shall be individually bound until the bidder presents evidence that he/she is authorized to sign on behalf of such entity, all in a form acceptable to the Auctioneer and/or seller.
4: Earnest Money Deposit: Immediately upon conclusion of the auction, the winning bidder shall be required to place 10% of the Total Contract Price down as a non-refundable Earnest Money Deposit. The Earnest Money Deposit may be made in the form of cash, cashier's check, or wire transfer, subject to the seller's approval.
5: Closing Documents: Prior to the auction, seller has represented to broker/auctioneer that title conveyed shall be insurable and free and clear of liens or encumbrances.
6: As Is: The subject property is being sold "AS IS, WHERE IS" without any warranty either expressed or implied by either sell/broker/auctioneer.
7: Representation: By execution of this agreement the bidder acknowledges the Broker/Auctioneer represents the seller only, and the commission paid in respect to this sale is identified as a Buyer's Premium.
8: Determination of Disputes: In the case of disputed bids, the Broker/Auctioneer shall exercise his or her best discretion in determining the resolution of claims and such decision is final. Such decision shall not be the subject of any post-auction claims. No assignment of the Purchase and Sale Agreement shall be recognized from one bidder to another. In the event a dispute should arise after the auction, the Auctioneer's records shall be conclusive.
9: Indemnity Provisions: By execution of this agreement, bidder agrees to bear responsibility for any charges, claims or expenses incurred by reason of any violation, breach or default in respect to these terms and conditions, including reasonable attorney's fees, court costs, the cost of re-sale, and
re-marketing costs. The foregoing remedies are not exclusive.
10: General Provisions: The provisions herein made cannot be altered except in writing and any provision of this agreement shall be interpreted/applied in accord with the laws of the State of Commonwealth of PA specifically those in Tioga County, in which the property is situated. These terms and conditions shall not be interpreted or construed in a manner which creates a negative inference based upon the fact that the seller/broker/auctioneer prepared the terms and conditions. Electronic and signatures shall be considered binding. In such event any provision herein is deemed illegal, void or unenforceable by a court of law, it shall not impact the body or balance of the terms and conditions.
11: Forfeiture Upon Default: In such event a bidder fails to abide by the terms and conditions set forth herein or fails to abide by the obligations arising from the purchase and sale contract executed in conjunction with the auction, bidder acknowledges he or she may forfeit all monies deposited, at the respective seller's election. By execution of this agreement, bidder acknowledges this is a negotiated result, and the forfeiture of said sums of money does not constitute a penalty.
12: Inspection: PERSONAL ON-SITE INSPECTION OF THE SUBJECT PROPERTY IS RECOMMENDED AND ENCOURAGED. BIDDERS ARE ADVISED TO INDEPENDENTLY VERIFY ALL INFORMATION THEY DEEM
IMPORTANT.
13: Online Bidding: United Country Jelliff Auction & Realty is providing internet bidding. Internet bidders who desire to make certain their bids are acknowledged should use the Auction Flex bidding feature allowing them to leave their maximum bid at least 24 hours before the auction ends.
14: Agency Disclosure: The Auctioneers are acting as the Seller's Agents only. Bidder has read the Auction Terms and Conditions and by registering to bid, hereby agrees to the above terms and conditions of the auction.
15: Rights: United Country Jelliff Auctions & Realty has the right to accept or deny bidders from attending their auctions online.
16: Contact: For pre-registration information and wire transfer routing instructions contact the United Country Jelliff Auctions & Realty, (Auctioneer) office at 570-835-4214. THANK YOU FOR YOUR INTEREST AND/OR PARTICIPATION IN THIS AUCTION
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Listing Information |
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Historical home with 5 bedrooms, 2 bathrooms, 3,070 square feet sits on 110 acres of newly surveyed agricultural land, 1600 square foot bank barn in good condition offers a plethora of possibilities. A once in a generation opportunity in NE Pennsylvania� "Gray's Valley" 110 acres historic farmstead continuously owned by one family since early 1800's. James Gray, a Revolutionary War Veteran and Captain in the Continental Army, settled in Tioga County in 1805. A beautiful landscape including hardwoods, open fields, and streams, the area became known as "Gray's Valley". Over the next 200 plus years, the Gray/Strange family maintained its quiet beauty while activities such as farming, sugaring, sawmill, hosting the one room school house, and other community & commerce activities took place. The last family member to reside here was a retired Lt. Colonel in Army Corp of Engineers. A Pearl Harbor survivor and highly decorated combat veteran, he served our Nation throughout WWII, Korean War, and throughout Afghanistan and Asia. Upon retirement from the Army, he and his wife returned to enjoy many quiet years restoring the family farmhouse and barn, gardening, hunting and fishing at his childhood home. Following his widow's passing at age 101 this stunning homestead is now coming to market. Land: (2022 survey available) 110.57 acres situated in Sullivan Township, Tioga County, PA, mailing address is Mainesburg, PA. Mix of hardwoods, stream, open field, hay field, marsh created by active beaver dam, mineral and gas rights do not transfer with sale. Improvements/Structures: Historic farm house. First floor - large kitchen, formal dining room, with walk through pantry, living room and study. Second floor - four bedrooms, one bathroom including historic claw foot tub, large walk-in closet/storage space. Complete house beautiful wide plank hardwood floors, original woodwork. Hand dug basement. Farmhouse attached via breezeway entrance to separate living quarters built in 1971. One floor living with kitchen/dining/laundry area, living room, spacious bedroom, bathroom (modified to handicapped accessible shower approximately 2017). Spacious all year sunporch. Separate heating for the 2 structures (electric baseboard in new section, forced hot air in farm house). Full house generator; annually maintained by local company Bohart's. Large post and beam barn (believed to be circa 1830) with stone foundation. Multiple small structures clustered around home utilized as garage, storage, etc. including former spring house. Light pole near home grandfathered in (local utility). Current/recent/uses (no known encumbrances post sale): Hardwood portion tapped for maple syrup. Hayfield leased/maintained to neighboring farmer. Suitability/Attractions: Hunting, fishing camp - deer, bear, waterfowl, turkey, pheasant, stream access. Inn and Event space - massive high ceiling barn. Family farm/homesteading - gardening, orchard, maple sugaring, livestock, berries. Retirement, birding, star gazing (experience lack of light pollution!). Close proximity to state parks, lakes, great biking and hiking. Retreat or family camp. 1 Historical Home Real Estate Online Auction Historical home with 5 bedrooms, 2 bathrooms, 3,070 square feet sits on 110 acres of newly surveyed agricultural land, 1600 square foot bank barn in good condition offers a plethora of possibilities. A once in a generation opportunity in NE Pennsylv... |
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