Town of Newtown, CT
3 Primrose Street, Newtown, CT 06470
Auction II
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12 Mile Hill South
SOLD - $323,000

ALL FIVE HOUSES HAVE BEEN SOLD!

PUBLIC AUCTION
TOWN OF NEWTOWN

FIVE TOWN OWNED HOUSES ON
MILE HILL ROAD SOUTH

Saturday, April 30, 2005
12:00 Noon
Auctions to be held at Site

Open House to be held on Saturday, April 16, 2005, from 1:00 to 3:00 pm.
On day of auction, properties will be open for inspection at 10:30 am.

Terms of Sale:  10% of minimum bid price in cash, certified or bank check necessary to be eligible to bid.  Successful bidder must sign contract at auction.  Deposit non-refundable if winning bidder fails to complete purchase.  The Town reserves the right to execute back-up contracts.  Property being sold subject to deed restrictions to use as single family residence.  Closing 30 days from auction at offices of Cohen and Wolf, PC, 158 Deer Hill Avenue, Danbury.  Copy of proposed contract is available at the Office of the First Selectman, Edmond Town Hall.


NOTICE TO BIDDERS
1.  All persons desiring to participate in the bidding must register with the clerk prior to the commencement of the auction (on auction day) and tender the deposit.  Qualified bidders will be issued numbers and bidding will be conducted and recorded by such numbers.

2.  The property is sold subject to the following encumbrances:
        a)  Any and all provisions of any ordinance, municipal regulation, public or private law, including but not limited to                          building, zoning, planning and subdivision regulations of the Town of Newtown.
        b)  Taxes due to the Town of Newtown on the List of October 1, 2004 and thereafter.
        c)  Such state of facts as a more accurate survey or physical inspection of the premises may disclose.
        d)  All easements, covenants and restrictions as of record may appear.
        e)  Use of the property will be restricted exclusively to residential purposes.

3.  The property is being sold "as is".  No warranties, either expressed or implied, are made as to its condition and no adjustments will be made for any after-discovered defects.  All bids are based on the bidders information and knowledge of the condition of the property acquired through his or her own endeavors and not upon any representations or comments made by the Town of Newtown.

For further information, please call Office of the First Selectman
(203) 270-4201

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