Upcoming Real Estate Auction
Auction Date:
Sunday, May 17, 2009
The Roeser Estate
Two Homes on
20± Acres
Offered individually & possibly together

2101 Street Road and Upper Mountain Road,
Bucks County, PA

Solebury Township now owns these properties and orders them to be sold. Two Classic Homes, each will be offered separately and in the entirety.

All information for these properties, Property #1, Property #2, is included on this page and via the information links.

The two homes and a charming cottage will be the location for this year's "Bucks County Designer House and Garden Show" which will be open to the public beginning May 3, 2009. Click here for their website.

Property #1
Classic Victorian Home Circa 1850 — needs updating — Includes a barn, several garages and shop building and a Charming Cottage.

• Photo Gallery of Home
• Interior Details of Victorian Home
  [2 pg PDF 42KB posted 01/27]
• Lead Paint Disclosure
  [1 pg PDF 472KB posted 04/21]
• Brochure

Property #2
Bucks County Farmhouse — Built About 1962 — Excellent Condition

• Photo Gallery
• Interior Details of Farmhouse
  [2 pg PDF 490KB posted 01/27]
• Lead Paint Disclosure
  [1 pg PDF 487KB posted 04/21]

Due Diligence

• Plot Plan showing Lot #1 and Lot #2
  [5 pg PDF 996KB posted 05/07]
  Full size 5 page recorded Plot Plan can be obtained by calling:
  C. Robert Wynn Assoc., Inc.
  211 W. Broad Street
  Quakertown, PA 18951
  215-536-7336
• Lead Paint Safety Pamphlet
  [5 pg PDF 1.3MB posted 04/21]
• Agreement of Sale Property 1 — Victorian Home
  [12 pg PDF 53KB posted 04/06]
• Agreement of Sale Property 2 — Farmhouse
  [12 pg PDF 58KB posted 04/06]
• Agreement of Sale Property 3 — Entirety
  [12 pg PDF 52KB posted 04/06]
• Exhibit Listing for Disclosure Addendums
  [1 pg PDF 8KB posted 05/07]
• Disclosure Addendum to Agreement of Sale
  [4 pg PDF 28KB posted 04/17]
• Appendix A: Final Report Issued by ARC DTD
  [14 pg PDF 702KB posted 04/06]
• Appendix B: Act 2 Letter from DEP DTD
  [2 pg PDF 100KB posted 04/06]
• Appendix C: Princeton Hydro Report DTD
  [13 pg PDF 777KB posted 04/06]
• Appendix D: ARC Report DTD
  [7 pg PDF 435KB posted 04/06]
• Appendix E: Disclosure — Farmhouse — Lot 2
  [5 pg PDF 502KB posted 04/06]
• Appendix F: Disclosure — Victorian House — Lot 1
  [5 pg PDF 501KB posted 04/06]
• Appendix G: Home Inspection Report — Farmhouse — Lot 2
  [11 pg PDF 632KB posted 04/06]
• Appendix H: Home Inspection Report — Victorian House — Lot 2
  [20 pg PDF 1.11MB posted 04/06]
• Appendix I: Home Inspection Report — Cottage
  [21 pg PDF 1.10MB posted 04/06]
• Appendix J: Home Inspection Report — Outbuildings
  [8 pg PDF 457KB posted 04/06]
• Appendix K: Sewage System Report — Farmhouse
  [2 pg PDF 207KB posted 04/06]
• Appendix L: Sewage System Report — Victorian House
  [1 pg PDF 130KB posted 04/06]
• Appendix M: Sewage System Report — Cottage
  [3 pg PDF 217KB posted 04/06]
• Appendix N: Radon Test
  [1 pg PDF 217KB posted 04/06]
• Appendix O: Termite Inspection
  [2 pg PDF 145KB posted 04/06]
• Appendix P: Conservation Easement — Lot_1
  [26 pg PDF 1.81MB posted 04/06]
• Appendix Q: Conservation Easement — Lot_2
  [24 pg PDF 1.74MB posted 04/06]
• Appendix R: Declaration — FINAL with Exhibits
  [14 pg PDF 100KMB posted 04/06]
• Appendix S: Resolution
  [8 pg PDF 550KB posted 04/06]
• Appendix T: Portion of Planning Module
  [25 pg PDF 1.6MB posted 04/06]

Charming Cottage
Included with
Property #1

• Photo Gallery of Charming Cottage
• Photo Gallery of Barn Garages and Shop Building
• Charming Cottage Interior Details
  [2 pg PDF 33KB posted 01/27]
• Lead Paint Disclosure
  [1 pg PDF 453KB posted 04/21]
• Service Buildings Interior Details
  [7 pg PDF 123KB posted 01/27]

Links

• Bucks County Home Page
  [opens in new window]
• Solebury Township Home Page
  [opens in new window]
• Bucks County Designer House & Gardens
  [opens in new window]

*You will need to have Adobe Reader installed to view these PDF documents. Download Adobe Reader

Weather Conditions
Auction held rain or shine. If the Auction is cancelled due to very severe weather conditions, the Auction will be rescheduled. The cancellation notice will be posted on our website the morning of the Auction. A new Auction date will be posted on our website, and an email notice will be sent out to those who have registered on our website. You may also call 215-799-0655.

Check back to this location often for updates, revisions, or changes.

• Plot Plan posted 5/7
• Exhibit Listing for Disclosure Addendums updated 5/7
• Added Appendix T: Portion of Planning Module 5/7

Auction Date and Time
Sunday, May 17, 2009 at 2:00 PM, with registration to bid at 1:00 PM

Public Preview Days
hose interested in bidding on the properties may preview them during the "Bucks County Designer House and Gardens," which will be open to the public beginning Sunday, May 3. Click here for the tour hours and ticket prices. A Traiman Company representative will be on the premise on the following dates: Sunday, May 10th and Wednesday, May 13th from 1:00 to 4:00 PM both days. If you are interested in bidding on a property, you must pay the Bucks County Designer House donation fee each day that you tour the interior of the homes.

Zoning
RA-Residential Agricultural

Tax Parcels
# 41-021-006

Taxes
Estimated taxes on Property #1 — Victorian $11,000 to $14,000
Estimated taxes on Property #2 — Farmhouse $7,000 to $9,000

Terms

Total Deposit
Total deposit 15%. See below for guaranteed portion of the deposit.

Guaranteed Deposit: Property #1, $30,000; Property #2, $30,000; Entirety, $60,000
A good faith registration deposit in the form of bank cashiers check or certified check (made payable to yourself) or cash is required to register to bid at the time of the Auction and will be credited towards the 15% deposit. The remainder of the deposit may be paid by personal check. Seller reserves the right to accept other forms of payment. The amount of the guaranteed deposit is not based on the value of the property.

On-Site Bidder Registration
Begins one hour prior to the Auction.

Buyer's Premium
There is a buyer’s premium for this Auction.

Method of Offering Each Property
Property #1 will be offered first. Property #2 will be offered second. Then, the auctioneer will poll the audience to see if anyone is interested in bidding on the entirety, both properties together. The auctioneer may or may not offer the properties as an entirety depending on the outcome of the individual offerings.

Absentee Bidding by Telephone
Arrangements by signed agreement of sale and guaranteed deposit must be made with the Traiman office no later than one week prior to Auction.

Minimum Opening Bid
There is no minimum opening bid. The high bid established at the Auction is subject to the approval of the Township.

Property

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Real Estate Brokers & Agents Invited
Earn a commission. You must be the one who introduced this property to your buyer client and verify same by affidavit at settlement and accompany your client to any of the previews and Auction. Register your buyer no later than 48 hours prior to the Auction by Traiman's form including your client's signature. Agents buying for themselves or family members are not eligible to collect a commission.Download form and guidelines (2 page PDF).

First time Auction attendees
The open public Auction method is where the parties who are interested in bidding on the property gather as an audience and bid in an open public forum. You will be asked to register at the time of the Auction. Before the bidding begins the Auctioneer will review the terms of the Auction and explain how the bidding will occur. Most people bid by raising their hand. The Auctioneer calls out the numbers in a clear understandable cadence. Our intention is to make you feel comfortable with the process before you enter the bidding. You need not be represented by a Real Estate Broker to bid and buy at Auctions.

We suggest that you contact a mortgage company or bank prior to coming to the Auction for the purpose of determining how much of a mortgage you will qualify for. If you are the winning bidder and cannot obtain a mortgage, or for some other reason are unable to complete settlement the total amount that you deposit will be forfeited.

The property is being sold subject to good and marketable title and free and clear of all liens and encumbrances in accordance with the Agreement of Sale. Please review the Clear of Liens and Encumbrances Clause of the Agreement of Sale.

Notice
The information used for the advertising of this property may not be accurate. Measurements, figures, and drawings are approximate. Interested parties must do their own research and are not to rely on any information provided by the seller, the Auction Company, or their representatives. The Agreement of Sale takes precedence over any advertising or oral or written announcements. Auctioneer represents the Seller, not the Buyer. Auctioneer reserves the right to reject bids that the Auctioneer deems inadequate. If you have a question during the Auction, please notify an Auction staff member for a private conversation. Seller and the Auction Company reserve the right to have parties escorted from the premises for soliciting other bidders or for other reasons deemed inappropriate. Information contained herein is subject to change.

Questions Regarding this Auction
A Traiman representative will be at the preview to answer questions. You may also email your questions to info@traiman.com. Or call 215-799-0655. Reading the Agreement of Sale when it is posted may answer your questions.

Property information may change daily and this is your notice that it may contain certain mistakes. Neither Traiman nor seller will be held liable for errors or omissions. If you see an error, please notify us immediately.

Good Luck!