REAL ESTATE AUCTION Owner Moving!No Minimum Starting Bid!1517 School House Road (Route 20), West Lebanon, Columbia County, NY 12195Tax ID # 104800 8.-1-42Property Description: Beautiful, well maintained ranch home. Completely gutted down to the studs in 2000. Maple hardwood floors, open plan kitchen, Anderson windows. 1,165 sq ft with three bedrooms and 1 bath. Seller ran a bakery business in 24 x 25 building next door on property. Great small business potential with frontage on Route 20. Located on 0.13 acres at the corner of Route 20 and School House Road. Near Lebanon Valley Speedway, convenient to both Albany and Berkshires. Recent NY Times article regarding New Lebanon. Town of New Lebanon information.Total combined taxes: $743.50 (agents please verify)School District: New Lebanon Central School DistrictOpportunity like this rarely comes to market. Act now! 10% Buyer's Premium. PRE-VIEW: Showing Sunday, October 19 @ 1PM Contact Co-Broke Agent, Robert Lemstrom-Sheedy 518-392-2052Directions: Route 55 to Noxon Road. Turn left onto Titusville Road and property is located on left, look for sign. Online Auction Ending Wednesday, October 22 @ 1:01PMBidding Opens Monday, October 20 @ 10AM(Bidders must be fully registered & approved by office)Property to be sold with Insurable Title Free of Adverse Liens or Encumbrances at closing. Ready, Get Set, BID! To prepare for the online only auction view photos online, review Property Information (see link above), line up financing and view parcel.It's Easy to Bid! 1) Get a Username & Password at AARbids.com2) Register for the Online Only Auction3) CompleteInternet Bidding Packetand you can participate.ANNOTATED TERMS OF AUCTION: We have been contracted to sell this property at Public Auction. Get a Username & Password at AARbids.com, register for the Online-only Auction and bring/mail our Internet Bidding Packet' containing the Terms and Conditions' and a $5,000 Guaranteed Funds/Bank check payable to: Absolute Auctions & Realty, Inc. Mail to: AAR, POB 1739, Pleasant Valley, NY 12569 no exceptions, and you can participate. Complete your due diligence prior to bidding. If successful, an electronic Contract for Purchase and Sale NY Real Estate will be sent to you, sign contract, return and close transaction on or before December 22, 2014. Time is of the essence. Additional Terms: By Thursday, October 23, 2014 @ 4PM by wire transfer or delivered guaranteed funds, the Buyer's Premium to be brought up to 10% of the total bid ($5,000 deposit and the remainder of the Buyer's Premium). Closing shall take place on or before December 22, 2014. Time is of the essence. Title & Liens: Property is sold with insurable title, free and clear of adverse liens or encumbrances at closing.Remember, the auction is the only gamewhere you need to come in last to win!
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