Mortgagee’s Sale of Real Estate at Public Auction. Approx. 3,000-sq. foot multi-family residential building, currently configured as a duplex, in Center Conway Village, Conway, NH. Situated on a large 1.4-acre lot. 134-feet of road frontage on US Route-302. With attached barn & sheds. Auction live on-site on Friday November 18th beginning at 11 AM sharp. Please view & download our Bidder’s Package. 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
www.bennettandmooreauctioneers.com
603-502-7457
MORTGAGEE’S SALE OF REAL ESTATE at AUCTION
1602 East Main Street – Conway, NH
Multi-family residential building in Center Conway Village
Friday November 18th at 11 AM
INTRODUCTION
Dear Prospective Bidder – Bennett & Moore Auctioneers & Appraisers have been retained by the Mortgagee to sell at Public Auction the multi-family residential property located at 1602 East main Street in the Center Village District of Conway, NH.
The auction will be conducted under the statutory terms & conditions afforded to both the Mortgagee & Mortgagor in the State of NH.
– A Good Opportunity !
– Mortgagee’s Foreclosure Sale of real estate
– Multi-family building on large 1.4-acre lot
– Strong housing demand through New Hampshire
– Prime location in Center Conway Village
The information contained herein is provided as a guide to the property and the auction process. As an interested party you are encouraged to do as much independent research as is necessary for you to make an educated decision to bid.
Good luck and thank you for your interest.
Our staff is available to assist you.
Stephen Bennett NH Lic. #2423
Joseph Moore NH Lic. #3072
AUCTION INFORMATION
Subject Mortgage : Carroll County Registry of Deeds: Book 3601 Page 1086.
Subject Property : The land & buildings located at 1602 East Main Street, Conway, NH.
Auction Location : To be held On-site at the property, at 1602 East Main St., Conway, NH.
Date and Time of the Auction : Friday November 17th, 2022 at 11:00AM sharp
Registration Time : Morning of the auction, beginning 1/2-hour prior to the auction.
Qualifications of Bidder : The only qualification necessary to bid at this auction is the presentation of the required aforementioned Deposit.
Deposit : A deposit of $10,000 is required to obtain a Bidder Number for this auction.
Deposits should be in the form of cash, or Certified Check, cashier’s check, treasure’s check, or any other form of payment acceptable to the Mortagee or their Attorney.
The entire deposit will be credited towards the final purchase price.
Deposits of the non-successful bidders will be returned immediately following the auction.
Purchase & Sales Agreement / Memorandum of Sale : Immediately upon conclusion of the bidding the successful high bidder will be required to sign the Purchase & Sales Agreement / Memorandum of Sale, as well as any other documents deemed pertinent. A copy of the Memorandum of Sale is published herein, beginning on Page-10 of this Bidder’s Information Package, and will be available for review prior to the auction.
The sale of this property is not contingent on financing or a building inspection. The deposits of the Successful Bidder are NON-REFUNDABLE should they fail to close for any reason.
Liens & Encumbrances: The Buyer will be responsible for all outstanding liens & encumbrances at the time of closing, including but not limited to unpaid real estate taxes.
The NH State Real Estate Transfer Tax will be paid by the Buyer.
Closing : must close within 30-days of the auction, Time Being of the Essence.
Deed : Foreclosure Deed without Covenant.
PROPERTY INFORMATION
Address : 1602 East Main Street, Conway, NH.
Tax Map: Town of Conway reference : Map 260 Lot 098.
Lot : Large approx.1.4-acre rectangular city lot.
Road frontage: 134-feet of road frontage.
Buildings : approx. 2,996-square-foot multi-family believed to be configured as a duplex.
Additional buildings: sheds
Sewer : private
Water : private
Town Tax Assessment : $147,900 land & buildings.
Taxes : approx. $2,575 per year (2022)
Taxes Owed : As of 10-1-2022 property taxes of $1,326.00 is overdue.
Zoning: Center Conway Village District
No warranty is made as to the accuracy or completeness of this information.
No reliance should be placed upon this information.
Prospective bidder’s should do their own due diligence prior to the auction.
