SACO Parkwood Place Condo Real Estate Auction

Attached Files
Bid Package (PDF)

SACO FORECLOSURE AUCTION - 2-bedroom townhouse condo at desirable Parkwood Place, 8 Park Street Unit #6, SACO, Maine. End-unit, 992-square-feet, plus full basement, large deck, parking, etc. Great home or rental / investment. Auction held live on-site at 8 Park Street, SACO, Maine on Friday September 13th beginning at 4 PM sharp. $5,000 deposit, close within 30-days. Please view & download the comprehensive Bidder’s Information Package at Bennettandmooreauctioneers.com. Bennett & Moore Auctioneers at 603-502-7457.  

 

BENNETT & MOORE AUCTIONEERS

PO Box 4010 , Portsmouth, NH 03802

Stephen Bennett #2423   sbennett999@gmail.com

Joseph Moore #3072   jrmauctioneer@gmail.com

Kevin E. Bernatchez     ME Lic. #AUC1249

www.bennettandmooreauctioneers.com

603-502-7457

______________________________________________________

PUBLIC SALE OF REAL ESTATE at AUCTION

Parkwood Place Condominiums

8 Park Street Unit #6, SACO, Maine

Friday September 13th beginning at 4 PM sharp

 

INTRODUCTION

Dear Prospective Bidder – Bennett & Moore Auctioneers have been retained by the Parkwood Place Condominium Owner’s Association to sell at Public Auction this 2-bedroom residential condominium in SACO, MAINE.

The auction is conducted under the statutory terms & conditions afforded to all concerned parties by the State of Maine.

Parkwood Place Condominiums is pleasant & desirable 12-unit townhouse development.

This condo is a great place to live and also a great rental unit for the investor !

This action is for overdue condominium fees of approx. $19,000 and is also subject to the first mortgage of approx. $250,000.

All interested parties are encouraged to do as much independent research as is necessary to make an educated decision to bid.

Good luck and thank you for your interest. Our staff is available to assist you.

Stephen P. Bennett       NH Lic. #2423

Joseph R. Moore           NH Lic. #3072

Kevin E. Bernatchez     ME Lic. #AUC1249

____________________________________________________________________________________

ATTENDING THE AUCTION

- You & your entire party are entering at your own risk.

- Watch & avoid any other items or situations that may be hazardous to your health.

- In the event of an accident you agree to hold-harmless the Auctioneer and their representatives, the property owner, their attorney, their invitees, or anybody else associated with this sale.

__________________________________________________________________________________

 

AUCTION INFORMATION

Subject Property : Parkwood Place Condominium Unit #6, 8 Park Street, SACO, MAINE

Judgment of this Foreclosure recorded at : York County Registry of Deeds Book 19404, Page 0202

First Mortgage recorded at : York County Registry of Deeds Book 18917, Page 0021

This action is for overdue condominium fees of approx. $19,000 and is also subject to the first mortgage of approx. $250,000.

Auction Location : To be held On-site at the property, at 8 Park Street, SACO, MAINE

Date of the Auction : Friday September 13^th

Auction Time : The bidding / auction will begin promptly at 4 PM in the afternoon

Registration Time : Starting 1-hour prior to the auction

Interior Inspection : Day of the auction (if possible)

OPEN HOUSE : No open house is scheduled as of the publication date of this document. Ant Open Houses that may occur will be posted on our web-site at bennettandmooreauctioneers.com

Deposit : A deposit of $5,000 is required to obtain a Bidder Number for this auction. Deposits should be in the form of cash, Certified Check, cashier's check, treasure's check, or any other form of payment acceptable to the foreclosing representatives. The entire deposit will be credited towards the final purchase price. Deposits of the non-successful bidders will be returned immediately following the auction.

Please make your check payable to Parkwood Place Condominium Owner’s Association.

Qualifications of Bidder : The only qualification necessary to bid at this auction is the presentation of the required aforementioned Deposit.

Purchase & Sales Agreement : Immediately upon conclusion of the bidding the successful high bidder will be required to sign the Memorandum of Sale, as well as any other documents deemed pertinent.

Closing : The closing must take place on or before Thirty (30) days after the conclusion of the auction.

Title Transfer : Quitclaim Deed Without Covenant

______________________________________________________________________

DISCLAIMER - This property is being sold "as is" without any warranties whatsoever. Information contained herein was obtained from sources believed to be reliable. However, this material is subject to errors and omissions and is not guaranteed. No warranty is made as to the accuracy or completeness of this information. No reliance should be placed upon this information. The Auctioneer, the foreclosing party & their Attorney’s shall have no liability for any damage arising from such reliance. In all instances attendees, Bidder’s and /or Buyer agree to Hold Harmless said parties.

 

 

 

REAL ESTATE INFORMATION

Subject Property : Parkwood Place Condominium Unit #6, 8 Park Street, SACO, MAINE

Tax Map: SACO town reference : Map 053/ Lot 166

Quiet street and close to everything.

992-square feet

2-story residential townhouse condominium

2-Bedrooms with 1 ½-baths

End unit

Outdoor deck

Full basement

City Gas fired FHW heat

Plenty of parking

Built in 1988

HOA fee is $385 per month

Town Assessment (for tax purposes) : $207,400.

Property Taxes 2024 : approx. $2,900 per year

Property Taxes due : The property taxes are current; no back taxes are due.

Sewer : City - Water : City water