The Conditions of Sale of Real Estate situated in the
County of Northampton, and State of Pennsylvania, with the appurtenances and to
be sold this day by the Sheriff of said County, by virtue of the above-mentioned
process, are as follows, to wit:
1. A purchaser at a judicial sale
takes only what title there is to sell and the doctrine of Caveat Emptor applies.
The Sheriff and his representatives, employees, and Solicitor make no representation
of warranties to any prospective purchasers as to the state of the title. The buyers
take subject to any liens or charges which are not discharged by the sale.
2. Bidding during the sale will
be conducted in open, auction manner with each bid offered being a minimum of $500.00
above the previous bid. The highest and best bidder to be the buyer.
3. The purchaser shall pay ten
percent of the amount of the purchase money on account, if such percent of the purchase
money shall equal or exceed the amount of the costs and delinquent taxes, otherwise
the full amount of the costs and delinquent taxes, or the entire purchase money
if that shall not exceed the amount of the costs and delinquent taxes, at the conclusion
of the Sheriffs sale, but before the sale is adjourned. At the time of payment,
the purchaser shall sign an agreement for the payment of the remainder on or before
the thirtieth day following the date of sale, after which time (as soon as practicable)
a deed will be executed by the Sheriff and delivered to the purchaser upon payment
of all costs therefore. In the event the purchaser fails to pay 10% on account as
required by these terms and conditions, the property then will be offered to each
bidder of record (beginning with the next highest), who may choose to accept or
reject the property according to said terms and conditions.
4. Should the purchaser fail to
pay the amount of the purchase money at the time above¬mentioned, he, she, or
they shall forfeit all moneys paid on account, and shall be held responsible for
any losses occurring on a resale of the property so sold, as well as all costs and
damages arising out of such resale, and shall not be entitled to any advantage should
an additional price be given at such subsequent sale.
5. Pre-sale computation of the
costs of the sale of real estate will include only the delinquent taxes certified
to the Sheriffs Office by the Tax Claim Bureau. Payment of all tax liens, municipal
liens and claims of record filed as of the date of the sale and that are required
by statute to be collected and paid by the Sheriff, as well as all municipal claims
certified to the Sheriff as of the date of the sale, will be made from sale proceeds
before distribution of any overage to the execution debtor. Otherwise, payment of
.such liens and claims are the responsibility of the purchaser. Proof of payment
must be received from the purchaser before delivery of the deed.
6. In accordance with the Act
of 1895, May 2, P.L. 111, #84, Section 2, 53 PS 7105, the Sheriff will payout of
the proceeds of the sale bid first, after costs, all delinquent taxes certified
to the Sheriff prior to distribution.
7. The precise name and address
of the new Grantee must be furnished no later than fifteen days from the date of
this sale to the office of the Sheriff.
Revised Jan. 1, 1999