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Springfield Township is currently auctioning surplus real property located in the 800 block of Bethlehem Pike (Whitemarsh Township) via the the Municibid on-line auction website. The Bid Package and Information is available here.
The winning bidder must submit to the Township an executed Bid Form and Agreement of Sale, and earnest money immediately after the completion of the auction. Earnest money shall be in the form of a cashier’s check in the amount of Ten Percent (10%) of the winning bid, which amount will be credited toward the purchase price for the winning bidder. The earnest money, Bid Form and Agreement of Sale must be received by the Township within five (5) calendar days following the close of auction in order for the Board of Commissioners of Springfield Township to consider acceptance of the winning bid. Pursuant to Section 1501.II of the Pennsylvania First Class Township Code, 53 P.S. §56501.II, payment of the purchase price shall be made in full within sixty (60) days of the acceptance of the bid by the Board of Commissioners. Final payment of the purchase price shall be made via wire transfer, cashier’s check or certified check.
All bidders are strongly encouraged to perform an on-site inspection of the property prior to bidding. The Property will be sold “AS-IS” with no warranty whatsoever guaranteeing its condition or that it can be used or developed in accordance with the ordinances, rules and regulations of Whitemarsh Township or any other governmental entity which may have jurisdiction over the use or development of the Property. The purchaser, at his or her own cost and expense, will be required to secure all required permits and approvals, and to pay all costs associated with the future development of the Property, if any.
The Township reserves the right to reject any and all bids.
Prospective bidders are encouraged to inspect the property prior to submitting a bid. Questions must be submitted via the Municibid online website.
The auction will run through Friday, March 1 at 12:00 PM.