Auction Information
The Former Fountain Springs Inn
Joe R. Pyle Complete Auction & Realty Service
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Secured Party Real Estate Auction
Tuesday, April 25th at Noon
Auction is being held at the Monroe Co Courthouse.
Registration will begin at 11:30
3361 Seneca Trail South
Peterstown, WV
11 Bedrooms
11 Full Baths, 3 Half Baths
4,542+/- sqft.
Large, Open Living Areas
Large Living/Dining/Bar Area
Directly Across from the Fountain Springs Golf Course
Hardwood Floors
Electric Heat & Central Air
Unfinished Basement
Built in 1855 – Known as the Jones Estate Home
3.472+/- Acres (as assessed)
Well Water & Septic
District 3, Map 29, Parcel 10.11
REAL ESTATE TERMS: The sale of said property will be made subject to all exceptions, encumbrances, reservations, rights of way, easements, conditions, covenants, restrictions, leases and other servitudes of record, if any, pertaining to said real estate, and any and all unpaid taxes assessed against said property.
Joe R. Pyle Auction Service will assist with the sale and shall require a 10% buyers 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. Additional terms and conditions shall be announced at the sale.
At public sale any person or entity may bid and may purchase any real estate sold if they be the highest bidder. If the real estate is sold for an amount in excess of the outstanding balance of the mortgage, together with all interest, unpaid real estate taxes and costs, said excess must be used to satisfy any other encumbrances on said property and after all said encumbrances are satisfied together with all interest and costs, any excess then remaining must be paid to the Grantor. If the Grantor or any person holding an encumbrance cannot be found after a diligent search, the money shall be paid into the Circuit Court of the county for the benefit of the Grantor or the holder of any such encumbrance.
Any questions or inquiries regarding the sale can be directed to the substitute trustee at 304-353-8000.
JOE R. PYLE COMPLETE AUCTION & REALTY SERVICE
(888) 875-1599
5546 Benedum Drive Shinnston West Virginia 26431
www.joerpyleauctions.com
Joe R Pyle WV212
Charlotte Pyle WV2174
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Jordan Kiger WV2246
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Bob Stewart, III WV1292
Todd Short WV1649
Tia Wolski WV 2351
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Ethan Moore WV 2354
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Nick Dawkins WV2410
Jonathan Leep WV2452A
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