TERMS OF SALE:

Cash only in hand on day of sale or within 30 days of date of sale upon terms to be agreed upon between the Authority and successful bidder, time being of the essence; payment for unpaid real estate taxes to be assumed by the purchaser. The Authority does not warrant title or fitness to this property; the property is being purchased as is; this is a buyer beware sale and any buyer is advised to retain counsel before the sale. If there is any part of the process of sale which is found to be objectionable, the Authority reserves the right to cancel the sale. No purchaser should take possession or make improvements in the premises until the deed is delivered or recorded. A third party purchaser at sale will be required to pay the purchase price plus all recording and transfer fees. PURCHASER IS RESPONSIBLE FOR A 10 PERCENT BUYERS PREMIUM TO BE PAID ON THE DAY OF SALE.

The Authority is under no duty to cause any existing tenant or person occupying the subject property to vacate said property.

The Authority will afford full opportunity for minority bidders to purchase the property and will not discriminate against any interested firm or individual on the basis of race, creed, color, gender, age, disability or national origin. The Authority reserves the right to accept or reject any and/or all bids in its sole but reasonable discretion, including without limitation, nonconforming, nonresponsive, or conditional bids.

FEDERAL TAX LIEN: In the event that there are Federal Tax Liens against the property, the United States would have the right to redeem the property within a period of 120 days from the date of such sale or the period allowable for redemption under local law, whichever is longer.

Should any party have any inquires, objections to the sale or protests regarding the sale, or requests regarding the sale, please notify the Authority below by one of the means of communications set forth below:



Housing Authority of Logan County

Mr. Roger Ramey, President

325 Stratton Street

Logan, WV 25601