SEALED BID REAL ESTATE AUCTION

183 Meeker Outlet Road, Dallas, Lake Township, Pennsylvania

HOME LOCATED ON 2.32+/- ACRES OF PROPERTY

ALL BIDS RECEIVED BY THURSDAY DECEMBER 5, 2013 @ 3 PM VIA SEALED BID

PROPERTY INSPECTIONS: SUNDAY, NOVEMBER 24, 2013 – 2 TO 4 PM

SUNDAY, DECEMBER 1, 2013 – 2 TO 4 PM

Welcome,

Thank you for your interest in our auction of this property in Dallas, Lake Township, Luzerne County,

Pennsylvania! This property is being sold for the Estate of Grace A. Johnstone. Three (3) bedrooms, one

(1) bathroom, full kitchen, living room, enclosed porch, ample storage space, and 2+ acres of land are

just some of the features that you will enjoy. This property is being offered for sale via sealed bid (see

additional sheets for further information) (Minimum acceptable bid of $35,000.00).

Enclosed is the information that we have gathered that will explain the property in greater detail. We

trust that you will find it helpful and encourage you to contact us if you have any questions or would like

to arrange a time to visit this property.

We wish you success as a Chuck’s Auction Bidder!

Sincerely,

James & Linda Lewis, Owners

Chuck’s Auction Service

Location Map

• Wilkes-Barre – 16 miles

• Tunkhannock – 23 miles

• Williamsport – 55 miles

• Allentown – 76 miles

Driving Directions

From Harvey’s Lake

- From the Grotto Pizza, Turn Left onto SR 415 (Lakeside Drive)

- Continue approximately 1 mile on SR 415 (Lakeside Drive)

- Turn Left at Lakeside Skillet onto Lehman Outlet/Outlet Road

- Continue approximately 1 mile on Lehman Outlet/Outlet Road

- Bear Right onto Meeker-Outlet Road

- Continue just over 1 mile on Meeker-Outlet Road

- There is a split in the road on Meeker-Outlet where Meeker Outlet Road continues to

the right and there is a dirt road to the left. Bear left onto the dirt road. #183 is

immediately to the left on the dirt road.

From Dallas

- Follow SR 415 (Memorial Highway) to the SR 415/SR 118 Junction

- Turn Left at the Traffic Light onto SR 118. (There will be a Turkey Hill on your left)

- Continue approximately 2.5 miles on SR 118

- Turn right onto Outlet Road (There will be a Citgo Gas Station on your left on SR 118)

- Continue approximately 3 miles on Outlet Road

- Make a Hard Left Turn onto Meeker-Outlet Road

- Continue just over 1 mile on Meeker-Outlet Road

- There is a split in the road on Meeker-Outlet where Meeker Outlet Road continues to

the right and there is a dirt road to the left. Bear left onto the dirt road. #183 is

immediately to the left on the dirt road.

Latitude/Longitude for GPS/Online Maps

Latitude: 41.32278, Longitude: -76.06606

Enter these coordinates as your “Destination” into any online map service (i.e. Google Maps

or Mapquest) to receive customizable directions from your exact location.

Property Information

Property Address: 183 Meeker Outlet Rd

Dallas, Lake Township, PA

Property being offered via sealed bid (Minimum

Acceptable Bid of $35,000.00)

Sealed Bids due by Thursday, December 5, 2013 - 3 PM

Inspection Dates:

Sunday, November 24, 2013 – 2-4 PM

Sunday, December 1, 2013 – 2-4 PM

This property is being sold for the Estate of Grace A. Johnstone. Three (3) bedrooms, one (1)

bathroom, full kitchen, living room, enclosed porch, ample storage space, and 2+ acres of land are just

some of the features that you will enjoy. This property is being offered for sale via sealed bid (see

additional sheets for further information) (Minimum acceptable bid of $35,000.00).

• Pin #: 37-E6-00A-051-000

• Deed Book / Page: 2436/28

• Township: Lake

• County: Luzerne

• School District: Lake-Lehman

• Zoning: A1 – Agricultural

• Total Annual Taxes: $1,357.82

• Lot Size: 2.32 acres +/-

• Number of Floors: 2

• Exterior Covering: Red Cedar

• Roof: Shingles (Approx. 6 years old)

• Foundation: Block

• Heating System: LP Hot Air

• Water: Well

• Sewer: Septic

• Electric: 100 amp cb’s

• Basement: Full, unfinished

Enclosed Porch

• Solid, Well-Insulated Addition, Build

over Block Foundation

• LP Gas Heater

• Could easily become the largest room

in the home

• Comfortable place to sit and watch the

deer!

First Floor

• Living Room

• 3 Bedrooms

• Full Kitchen

• Full Bathroom

• Closets

• LP Heat

Second Floor

• 1 Full Room/Ample Storage Space

Other Features

• Aluminum Replacement Windows

• Aluminum Rain Gutters

• Approx. 2 miles from Harvey’s Lake

• Approx. ½ mile to Harvey’s Creek

(Trout Fishing)

• Close proximity to Misericordia

University & Penn State University –

Lehman/Wilkes-Barre Campus

Photo Gallery

Directions for Prospective Bidders

CHUCK’S AUCTION SERVICE

JOHNSTONE ESTATE SEALED BID AUCTION Bids received until Thursday, December 5, 2013-3:00 PM

Home & Property are being sold “As-is Without Any Form of Guarantee/Warranty” to settle the estate.

Home and Property can be inspected: Sunday November 24, 2013 from 2-4PM

Sunday, December 1, 2013 from 2-4 PM

BIDDING CLOSES AT 3 P.M. ON THURSDAY, DECEMBER 5, 2013.

Bids may be placed on the included “Sealed Bid Form” or in a similar manner but ALL bids MUST INCLUDE the

following information:

Bidder’s name (as it appears on driver’s license), Bidder’s Driver’s License Number,

Driver’s License Expiration Date, Bidder’s Complete Address (as it appears on driver’s license),

Phone Number, Your Bid (Minimum Acceptable Bid of $35,000.00), Bidder’s Signature, and the Date

Bids may be submitted via the following (Note: Verbal bids will NOT be accepted):

- E-mail: chucksauction@verizon.net

- FAX: (570) 288-9185

- Mail: 1144 Exeter Avenue, Exeter PA 18643 (Note: Our daily mail arrives AFTER 3 PM)

- In person at Chuck’s Auction premises (1144 Exeter Avenue)

- Questions: 570-693-0372, 1-800-577-5569

Successful Bidder will be notified within 24 hours of closing of the bidding period. All bids will be considered

legal contracts to buy with only highest bid being accepted. NO financing is offered and sale is NOT contingent

upon your getting financing or the sale of another property. The purchase price will include a 10% Buyer’s

Premium added to the successful bid price. See “The Conditions of Sale for Real Estate” included in this

packet for additional Terms and Conditions.

SEALED BID FORM

CHUCK’S AUCTION SERVICE JOHNSTONE ESTATE SEALED BID FORM

a.) Bidder’s Name (As it appears on Driver’s License):

______________________________________________________________________

b.) Bidder’s Driver’s License Number: ____________________________________

c.) Bidder’s Driver’s License Expiration Date: ______________________________

d.) Bidder’s Complete Address (As it appears on Driver’s License)

_________________________________________________________________

_________________________________________________________________

e.) Phone Number: ____________________________________________________ f.) Amount Bid (Min. Acceptable - $35,000.00): ____________________________ g.) Bidder’s Signature:

______________________________________________________________________ h.) Date: _____________________________________________________________ Note: All the above information must be complete, correct, and included with any and all bids. Bids with incomplete information will be considered Void.

THE CONDITIONS OF SALE FOR REAL ESTATE

ALL BIDS DUE BY THURSDAY, DECEMBER 5, 2013 AT 3 PM

THE property of The Estate of Grace A. Johnstone is now being offered for sale under and

subject to the following conditions and stipulations.

SAID property to be sold is 183 Meeker Outlet Road, Dallas, Lake Township, Luzerne County,

Pennsylvania, containing 2.32 acres more or less with all buildings and improvements and

known as Tax Parcel #37-E6-00A-051-000.

SAID property shall be offered via Sealed Bid Auction with a Minimum Acceptable Bid of

$35,000.00. The highest and best bidder shall be the Buyer or Buyers. Successful Bidder will be

notified within 24 hours of the end of the bidding period.

BUYER’S PREMIUM & DEPOSIT REQUIREMENTS: A ten percent (10%) Buyer’s

Premium will be added to the bid price to obtain the final sale price. BUYER or BUYERS shall

pay down within 48 hours of notification of winning bid, a deposit of 10% of the final sale price

in the form of cash, certified funds, a bank letter of guarantee to accompany a personal or

business check, or acceptable check. Said deposit to be held in the Escrow Account of Chuck’s

Auction Service to conform with the Pennsylvania Real Estate License Law. Parties to sign an

Agreement of Sale form accompanying these Conditions.

Should Buyer fail to make any additional payments OR furnish false or incomplete information

to Seller or any other party identified in this Agreement concerning the Buyer’s legal or financial

status OR violate or fail to fulfill and perform any other terms and conditions of this Agreement,

Seller may hold the Buyer in default.

In the event of default, Seller is limited to retaining sums paid by the Buyer, including deposit

monies, as liquidated damages.

If Seller retains all sums paid by the Buyer, including deposit monies, as liquidated damages

pursuant to this Agreement, Buyer and Seller are released from further liability or obligation and

this Agreement is VOID.

Seller offers no financing and sale is not contingent upon the successful Bidder obtaining

financing or the sale of another property.

DOCUMENTS AVAILABLE: Property description, aerial mapping, and other information are

available for review and inspection during the On-Site inspections or by appointment. All

information contained in the brochure and all other auction-related material is subject to and

superseded by the Contract.

CLOSING DATE: Settlement is to be on or before Friday, December 20, 2013 at which time

the purchaser will pay the balance of the purchase price. Possession will be transferred upon

recording of the deed. Taxes will be prorated to the day of closing.

PROPERTY CONDITION: The property is being offered for sale “AS-IS, WHERE-IS” and

without warranty, expressed or implied. Pursuant to local and federal disclosure laws, you are

invited to perform lead based paint testing prior to the submittal of any bid as well as any other

inspections of the property. Bidder understands that he will be relying solely on bidder’s own

information when bidding and that bidder has conducted sufficient due diligence to honor all

bids, execute the Agreement of Sale, and close the sale if bidder is the successful bidder for the

property.

AGENCY DISCLOSURE: Chuck’s Auction Service and all employees associated with

Chuck’s Auction Service represent the Seller in the case of this property.

DISCLAIMOR: Information contained herein is believed to be correct to the best of

auctioneer/agent’s knowledge but is subject to inspection and verification by all parties relying

on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies,

errors, or omissions. All dimensions are approximate. This offering is subject to prior sale and

may be withdrawn, modified, or cancelled at any time without notice. This is not a solicitation

or offering to residents of any state where this offering is prohibited by law.