|
Terms and Conditions
|
The following terms shall be complied with for each Sheriff Sale or continuation thereof:
- Unless otherwise requested prior to the sale by a prospective bidder or a party in interest, multiple parcels subject to one execution will be bid in bulk. If requested prior to the sale, each parcel will be first bid as a separate parcel provided that no structure or appurtenances are erected upon more than one parcel. At the conclusion of both methods of bidding the property will be sold to the highest bidder.
- All bidders must identify themselves prior to submitting a bid. Attorneys of record shall be presumed to be bidding for their client(s). No bid may be withdrawn following the conclusion of the bidding.
- If the defendant intends to bid, prior to the bidding they must submit to the Sheriff satisfactory proof that they will be able to comply with the bid. No bids will be accepted in excess of the submitted proof.
- At the written request of the plaintiff, any sale may be continued, postponed or cancelled.
- All bids must be paid in full. The successful bidder shall pay unto the Sheriff, by cash or cashiers check, 10% within one hour after the sale and balance within 7 days thereafter. If terms are not met within the required time period, the property will be resold at 12:00 noon on the Third business day following the payment deadline, at the Lawrence County Sheriffs Office, Government Center, 430 Court Street, New Castle, PA at the expense and risk of the person to whom it was struck off, who in case of deficiency on such sale shall make good the same.
- Prior to the delivery of the Sheriffs deed, a successful bidder may assign its bid to a third party, in which case the realty transfer taxes shall be paid as if the assignee were the original successful bidder.
- Pursuant to PA. R.C.P. Rules 3129, 3135 and 3136, notice-is hereby given to all parties' interest and claimants that a Schedule of Distribution will be filed by the Sheriff in the Sheriffs Office on the Wednesday following the date of sale, or any continued sale and that distribution will be made in accordance with the Schedule unless exceptions are filed within TEN days thereafter.
- Anyone placing a bid should check with an attorney for legal advice. The property you are bidding upon may be subject to unpaid taxes, Hens or mortgages.
- Any delinquent real estate taxes will be paid after the costs and before distribution to the plaintiff or any other party.
|
|
|
|