Single Family Ranch Home-Castile NY

Open House: This Property Sold in October and the contracts were signed. Due to unexpected issues the Buyer was unable to close. The Owner is therefore re-listing this property.The owner has moved to an apartment and can no longer keep her home. She will offer this single family, 2 bedroom, 1 bath,1217 sq. ft. ranch style home with basement (repair), hardwood flooring throughout and detached 2 car garage for sale with online bidding. Utilities include electric, well and septic system (repair), propane for hot water heater and stove and forced air fuel oil heating. The home sets on approximately 1.2 acre parcel of rural land. Terms: This property has an assessed value of $97,300.00. Property Sells ABSOLUTE to the highest bidder starting at $40,000.00. (Must clear Home Equity Loan). Property sells in "As-Is" condition. This home is in need of repair including the concrete block basement wall, septic system, front window and other interior updates. This property is not eligible for a mortgage. The Buyer will be responsible for any required permits and any repairs. The Seller will furnish good and clear title, updated abstract and Wyoming County Water test at closing. There will be an 8% Buyer Premium over and above the final bid to determine the final purchase price. Contracts must be signed and non-refundable deposit of $2,500.00 will be required on Tuesday December 3rd , 2019 by 5:00 PM. Closing to take place as soon as the closing attorneys agree. Note: The owner has been living in this home but will need repairs. The property has a lot of potential. Please make a point to come to the open house to view the property prior to bidding.