Real Estate

Oct 20
Open Houses Sept. 27th, Oct. 6th and 18th

Real Estate | 1320 Old Plains Road, Pennsburg, PA 18073 | October 20, 2022 at 4:00 PM

Live and Online
Open houses will be Tuesday, September 27th from 4:00 PM - 6:00 PM, Thursday, October 6th from 3:00 PM – 5:00 PM, and Tuesday, October 18th from 3:00 PM – 5:00 PM. Welcome to idyllic country living!  This 3 bedroom, 2 bath ranch located in Milford Township, Bucks County has hardwood flooring and Pella windows throughout the main level, stainless kitchen appliances, a cozy fireplace with gas insert, enclosed multi-season porch with insulated windows and a wood stove, central air, and numerous system upgrades.  The tranquil back yard includes a water feature, 2+ car detached garage, woodshed, barn with horse stalls, and post and rail fencing.  A warm and welcoming place to call home! This home will be sold live on location at 1320 Old Plains Road, Pennsburg and online Thursday, October 20th at 4:00 PM. Registration begins at 3:00pm. Sale is subject to seller confirmation with opening bid at $325,000.

We Have a Plan for Real Estate via Auction

Selling real estate has traditionally been a time consuming process for both the seller and buyer. Negotiating over price, terms and contingencies is a lengthy and often very frustrating process. Auction helps to simplify the process by allowing the marketplace to determine the sales price through competitive bidding and by offering the property with predetermined non-negotiable terms that have no contingencies.

Why Sell via Auction?

  • Seller receives 100% of the sale price, buyer pays commission
  • The buyers come prepared to buy.
  • The seller knows exactly when the property will sell. Known settlement date which can close within 30-45 day after the auction. 
  • Seller knows that property will be sold at true market value.
  • All potential buyers at one location at the same time.
  • Accelerates the sale of your property.
  • Seller establishes terms and conditions of the sale and eliminates long-term carrying costs, including taxes and maintenance.
  • Property is sold with no mortgage or home contingencies.
  • Alderfer Auction will market your property to thousands of potential buyers.
  • Ensures an aggressive marketing campaign that increases interest and availability.
  • Creates competition among potential buyers.
  • The price a property brings at auction can exceed the price of a negotiated sale price.
  • Eliminates numerous and unscheduled showings.
  • Convert property to cash quickly.
  • Maximizes bidding in today's competitive market

What is the Best Plan?

We will help you determine the best option for your type of property.

Absolute Auction
A property will absolutely sell to the highest bidder regardless of the price.

Auction with Reserve
The property is being offered subject to the seller accepting or rejecting the high bid.

Minimum Opening Bid Auction
In this type of auction a minimum selling price is established prior to the auction that is acceptable by the seller. 

Sealed Bid Auction
This type of auction is where bidders submit their confidential bids by the auction date deadline. Bidders do not know how much the other auction participants have bid. The highest bidder is typically declared the winner of the bidding process.

It's a Win-Win for the Seller and Buyer!

Have questions about Real Estate Auctions? Call our Real Estate Team at 215-393-3000 or email us at RealEstate@AlderferAuction.com