Detroit Michigan Investment Real Estate House Property


Bidding has ended on this item. Item:Detroit Michigan Investment Real Estate House Property

Item specifics - Residential Real Estate

Sq Footage (Sq. ft.):	1146.00	Setting:	Urban/City
Property Type:	House	Number of Bedrooms:	3
Property Address:	8942 St. Marys	Number of Bathrooms:	1
City:	Detroit	Year Built:	1939
State/Province:	Michigan	Lot Size (acres):	0.27
Zip/Postal Code:	48208	Sale Type:	Existing Homes
For Sale by:	Owner		Display Map
	Neighborhood Profile		MapQuest.com, Inc. and Sperling's BestPlaces (Fast Forward, Inc.) are solely responsible for the content available via the above links.

$80,240 :: SUGGEST RETAIL PRICE

8942 St. Marys,

Detroit, MI

DO NOT BID IF YOU HAVE NO INTENTION TO COMPLETE THE PURCHASE.
DO NOT BID IF YOU JUST WANT TO SEE THE HOUSE. ONLY BID IF YOU ARE GOING TO COMPLETE THE TRANSACTION AND HAVE MORE THAN 20 FEEDBACKS.
EMAIL ALL QUESTIONS OR CALL WITH QUESTIONS PRIOR TO BIDDING, NOT AFTER WINNING.
BIDDER'S LESS THAN 20 FEEDBACKS WILL NEED TO CONTACT US BEFORE YOU BID, OTHERWISE, YOUR BID WILL BE CANCELLED.
EBAY SALES IS A BINDING CONTRACT AND THOSE WHO WON AND DID NOT COMPLETE THE TRANSACTION WILL BE TAKEN TO THE FULLEST EXTENT OF THE LAW.

Real Estate Home Investment in Detroit Income Property

Perfect Detroit MI house. Best Investment Property

This may be the smartest investment in today's market. The Auction Amount will be the total price of the home. In Detroit, you can rent the House out easily for $650 for a 2 bedroom, $750 for a 3 bedroom, $850+ for four or bedroom. Imagine you getting your investment money back in as quick as 2 years by collecting rent. No time to rehab the property? We can help! No time to find a renter or don't want to manage the property, We can Help. We want to try to help you invest! Look at all the photos of this house you'll find it very attractive.

Sample Calculation: House = $8,000 + Rehab $10,000 = $18,000
Rent Per month: $750 = Rent per Year = $9,000 per year
Wow.... you get your money back in as little as 2 years~

This may be a special case, but most of our investor can get their money back within the first 3 years.

What's even better? There are no delinquent TAX. There will be no invisible fees. PERIOD. What you see is what you get, what you buy is what you pay. You will not be surprise with a $10,000 back taxes.

So why buy anywhere else? with us, you'll be purchase with a peace of mind.

Architecture: 1 1/2 Story
Style: Ranch
Year Built: 1950
Bedrooms: 3
Sq Ft Total: 1146
Sq Ft Lower:
Sq Ft Source: Estimate
Baths Total: 1 Lavatories: 0
Basement: UnFinished
Acreage: 0.00
Paved Road: Yes
Water Front: No
Golf Course: No
School Dist: Detroit
Construction:
Foundation: Basement
Exterior: Aluminum
Fuel: Gas
Water Heatr:
Lot Size: 35 X 105
Road: Paved
Water Sewer: Municipal Water, Sewer Sanit.

Buildings:
Other Rooms:
Bathrooms: 1st Floor Bath
Heating: Forced Air
Room Level Dimension
Kitchen E 12x09
Dining Room E 11x10
Living Room E 13x12
Master Bdrm E 12x11
Bedroom #2 E 12x08
Bedroom #3 E 11x10

Bedrooms

Bathrooms

Sq. Footage

1146

Terms of Sale
1. Buyer(s) will sign an offer to purchase and related sales disclosures and make a $2,500USD deposit (non-refundable) due immediately (24 Hours MAX) after auction closed. We will accept Wire Transfer or Cashier's Check for the deposit only!! The Deposit is deducted from the winning amount.
2. The balance due within 7 days after end of the auction.
3. This home will be sold in AS-IS condition with any and all faults. No warranties or guaranties are given.
4. Seller will use a Licensed Title Company to Prepare a Warranty Deed the will transfer this said Property to From the Seller to the Buyer! Buyer will get a copy of the Deed within one months. The original deed will be sent for recording, and Buyer will expect the original Warranty deed from recorder's office in 2 months.
5. Sellers will provide clear title and will pay the property taxes in full through the date of sale.
6. You will get the title free and clear. All tax are current and there are NO BACK TAX OWED!!!
7. Buyer is responsible for processing fee of $850. This fee doesn't include Title insurance nor title company's closing cost.
8. After purchase, please send the name that is going to be on the deed, Your phone number, your address that you want the deed sent to, and e-mail address. This information will go to the Title Company.
9. This is a cash sale. The purchase agreement is not subject to or contingent upon financing.
10. Deposit is non-refundable and will be forfeited as liquidated damages if transaction is not completed by purchaser.

Disclosure
1. The Seller has no inspections or reports for the property.
2. Accordingly, the Seller has no knowledge of the current condition of the real estate or any improvements thereon. We can help in Construction to make it turn-key rental property.
3. The Seller hereby disclaims any warranties, express or implied, as to the habitability, merchantability or fitness for any purpose.
4. The property is to be sold in As-Is Condition.
5. Please conduct all due diligence BEFORE you bid
6. This house is advertised elsewhere and we the seller reserve the right to end this auction should we accept an offer made by a qualified buyer.
7. If you are the winning bidder on a full price purchase you will be required to pay a (minimum deposit $2500 USD regardless of the auction winning amount even if it's below $2500) deposit upon completion of the auction through wire transfer or certify check, and are expected to pay the remaining balance within seven days.,
8. $2500 deposit is NON-REFUNDABLE.
9. At the end of the auction, we will need your mailing address, and contract information.
10. The Deed will be transfer to your name in 12 to 14 weeks
11. Winning Bidders shall represent, covenant, and warrant that they are purchasing the Property relying solely on their independent inspection of the Property in its existing condition.
12. Seller not shall be liable for any allowance, adjustment or revision based upon the failure of the Property, appliances, or floor plans to conform to any specific standards.
13. Any information provided by Seller regarding sizes, floor plans, square footage and/or bedrooms/bathrooms for the Properties are approximations only and are based on information available. Actual sizes, floor plans, square footage and/or bedroom/bathrooms may vary.

FAQ
1. We do not have any more pictures than what you see in our ad
2. We do not know condition of furnace, roof, plumbing, or electricity.
3. Your final bid is the final purchase price of home/lot, not a down-payment.
4. We do not finance or take trades.
5. If you're a serious buyer, please call us at 888-954-5888 to schedule a time to view the property. We can also help you do construction or rental management.