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  5. ›Notice of Tax Sale – Tax Deed Property

Town of Exeter·New Hampshire

Notice of Tax Sale – Tax Deed Property

Closes 8/25/2013$55k – $80kInvitation for Bid
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Description

The Town of Exeter is selling a tax‑delinquent residential condominium through a sealed‑bid process. Interested parties must submit a sealed bid no later than 4 p.m. on August 26, 2013. The property will be sold “as is” with the winning bidder required to post a 10 % deposit within three days and pay the remaining balance within thirty days. No warranties are provided, and the town reserves the right to reject any or all bids. This is a one‑time real‑estate acquisition opportunity, not a service contract. • Minimum acceptable bid: $55,807.29. • Property: 156 Front Street, Unit 111, 1‑bedroom condo, Exeter, NH. • Bids must be sealed and delivered to the Town Manager’s Office (10 Front St). • Deposit = 10 % of winning bid; balance due by certified check within 30 days.

Attached files

Contact

Russell Dean(Town Manager)

[email protected]

(603) 778‑0591

Key dates

Opened
8/13/2013
Closes
8/25/2013
Duration
30 days

Last updated

Details

Type
Invitation for Bid
Industry
Real Estate
NAICS
531210

Budget estimate

$55,000 – $80,000

The buyer must pay at least the minimum bid of $55,807.29, but the final price could be higher depending on competition. Assuming typical market appreciation and a modest bidding war, the purchase price might range from $55,000 up to $80,000. Thus, the estimated budget (i.e., the amount the buyer will spend) falls within that band.

AI estimate from the solicitation

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