NOTICE OF SALE
Notice is hereby given that the Board of Education of the County of Fayette will sell at a public auction to the highest bidder, the following hereinafter described real estate, together with any buildings, structures and other improvements located thereon (the “Real Estate”) on: November 29, 2023 at 9:00 a.m., at the Board of Education offices.
REAL ESTATE DESCRIPTION:
All of that certain lot or parcel of real estate situate and being in the City of Mount Hope, Fayette County, West Virginia, being known as part of Lot No. 90 of the Forest Hills Sub-division, as shown on a map or plat of the same, made June 14, 1935, and on file in the Fayette County Clerk’s Office in Map Section “C”, more specifically bounded and described as follows:
Beginning at the most southern corner of Lot #90 of the Forest Hill Sub-division of the City of Mt. Hope, Fayette County, West Virginia, where a 14 foot alley meets Creek Street, marked by a ½ inch iron pipe; thence North 10° 37” East 71.24 feet to a stake in front of the present school house; thence North 7° 47” East 76 feet, more or less, to a stake where said Lot No. 90 borders on Creek Street; south 64° 19” E. a distance of 80.56 feet, more or less, to a ½ inch iron pipe on the hillside between the present school building and the Priscilla Helm home; South 36° 00” East 20.13 feet to the junction with a 14 foot alley; South 48° 22” West 157.46 feet to the point of beginning.
Reference is made to Deed Book 150 at page 150.
TERMS OF SALE:
Sale of the Real Estate will be made by the Board by public auction to the highest bidder. The Board has set a minimum bid of $500 for the sale of the Real Estate. At the conclusion of the sale, the successful bidder will be required to tender a deposit of ten (10) percent of the sale price by cash, certified check, or cashier’s check at sale, the balance in cash or by certified check due and payable within thirty days after the date of sale, by mailing or delivering the same to the Board. If the successful bidder fails to deliver the total purchase price within the prescribed time, the deposit shall be returned and the Board may proceed to resell the property or, at the discretion of the Board, convey the property to the next highest bidder if such bidder will honor his bid. The Board reserves the right to reject any bid that in its opinion is inadequate. The Board reserves the right to accept or reject such other terms as to payment or delivery of payment as may be made be agreed to by the Board and the bidder in advance of the sale.
The Board also reserves the right to continue the sale of the Real Estate from time to time by oral proclamation, which continuation shall be in the sole discretion of the Board. Should the Board not appear at the time appointed for the sale and there is no notice posted of a continuance, please contact the office of the Board to make further inquiry. Please direct any inquiries regarding the sale to Tim Payton, 304.574.1176 or email [email protected]. Any sale may be conducted or adjourned by the designated agent of the Board.
Conveyance will be made by Deed, subject to all governmental charges and assessments, utility charges, easements, covenants, rights-of-way, conditions and restrictions of record. Every lot or parcel of the Real Estate, and any improvements located thereon, are sold in “AS IS” condition. The Board does not make any representations or warranties as to the physical condition of the Real Estate. Risk of loss or damage will be the purchaser’s from and after the sale. All settlement fees, costs of conveyance, examination of title and recording charges shall be at the expense of the purchaser. The Board makes no representations regarding the state of title to the Real Estate. Additional terms and conditions shall be announced at sale.
ID: 753447