Berks County, PA Sheriff Sale: 120 NORTH BUCKS STREET

Due Diligence

Seller Name:	Berks County, PA
Rating:	Not Applicable
Location:	120 NORTH BUCKS STREET WERNERSVILLE, PA 19565

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It is the minimum amount you can bid above the current bid price. A bidder can place a bid amount that is equal to or greater than the bid increment (e.g., through a flat bid using our advanced bidding features), just not less than the bid increment. Bid Increment: $1,000

Once your deposit has posted and you are logged in, you will be able place a bid on this auction.

Number of Bids:	0
It is the floor at which bidding begins. Our system cannot accept a bid lower than the minimum bid amount. When the Minimum displays "Awaiting Minimum Bid" the minimum bid price has not been finalized. The minimum bid will be finalized before the start of the auction. Minimum Bid:	Awaiting Minimum Bid
Closes In:	31 days
Your Bid Status:	Log in to view status
It is the minimum dollar amount a Seller is willing to accept for an auction. This amount is not disclosed on the Web site, but bidders are notified once the reserve price has been met. Auctions with no reserve price are labeled as "No Reserve" on the auction listing. Reserve:	Not Met!
Status:	In Preview
Auction Starts:	11-08-24 10:00 AM ET
Auction Closes:	11-08-24 12:00 PM ET
It is an extension of the auction close time and keeps an auction open as long as there is active bidding. It occurs automatically when a bid is placed within the last few minutes of an auction. The auction will remain open until an entire overtime increment has passed without any bidding. The overtime increment is indicated on the auction listing. Overtime Period:	5 minutes
Source:	Government
Deposit Required:	$10,035 — See Instructions
This fee is added to the winning bid amount and covers the costs associated with the auction. The buyer's premium percentage is indicated on the auction listing and displayed during the bid process. See the Settlement Requirements section of the auction for more details on the Buyer's Premium. Buyer's Premium:	1.5%
Page Views:	29

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Asset Information

Deposit Requirement

A single $10,035.00 deposit (includes a $35 nonrefundable processing fee) is required to participate in the 11-08-2024 Berks County Sheriff sale.
Deposits must be received by Bid4Assets no later than 4:00PM ET (1:00 PT) Friday, November 1st
Click here to place your deposit.

Disclaimers

Berks County Sheriff's Office retains the right to reject any and all bids for any reason.
Berks County Sheriff's Office may withdraw this property from the auction at any time before or during the sale.
Berks County Sheriff's Office reserves the right to cancel the sale of a property at any time prior to the issuance of the deed.

Item Specifics - Parcel Information

Parcel Information
Parcel Number	90436607677860
Address	120 NORTH BUCKS STREET WERNERSVILLE, PA 19565

Other Properties
County	Berks
Attorney	FRIEDMAN VARTOLO LLP
Debt Amount	$228,430.71
Defendant	ALLYN FOLK A/K/A ALLYN JAMES FOLK
Plaintiff	U.S. BANK TRUST, NATIONAL ASSOCIATION, AS TRUSTEE OF THE BUNGALOW SERIES IV TRUST,
Township	WERNERSVILLE BOROUGH
CourtCase	18-18779
Address	120 NORTH BUCKS STREET, WERNERSVILLE, PA 19565
Property Description	Berks County GIS Link Berks County Assessor's Parcel Report

All Seller-Related Due Diligence — (View Related Auctions)

The due diligence items below apply to all related auctions from this seller.

General Sale Information

Terms of Sale

Asset Description

End of Auction
After the close of the final auction of the day for this seller, all winning bidders are sent detailed instructions via e-mail on settlement procedures and how to provide the necessary deed transfer information.

The seller requires that the winning bidder submit the deed transfer information to Bid4Assets within 2 days of the close of auction.

Bidding Requirements

To bid on this auction, all bidders are required to become qualified by placing a deposit. The deposit of the winning bidder is automatically transferred to the seller at the end of the auction. If the winning bidder fails to perform on any auction, the entire BidDeposit will be forfeited to the seller. Non-winning bidder deposit refunds are mailed within ten (10) business days after the close of the auction. This deposit cannot be applied to other auctions. To find out more about the BidDeposit requirement, click here.

Settlement Requirements

Purchaser shall pay the balance of 10% of the purchase price plus a 1.5% buyer’s premium (on the total purchase price) by close of business of the Sheriff’s Office on the first (1st) business day following the Auction. Purchaser shall have 10 days from the auction date to pay the remaining balance. Payments shall be made to Bid4Assets. — No exceptions will be made. If the payment policy is not adhered to the winning bidder will forfeit their deposit to the Berks County Sheriff’s Office and may be banned from future sales.

The exact settlement cutoff date and time will be listed in the Deed Wizard settlement process after the close of auction(s).

A $35 per-parcel-won administrative fee will be added to the final sale price.

Buyer Premium Information

This auction requires that the winning bidder pay a Buyer's Premium of 1.50% of the winning bid amount. (The Buyer's Premium covers the costs associated with the auction).

This amount will be added to the winning bid and will be included in the total purchase price paid by the Buyer to the Seller.