Great Investment! Perfect Rental Opportunity in MI

You are bidding on the FULL PRICE of this home up for auction. This 4 bedroom, 1 bath, 1440 sq. ft. home will provide an excellent rental opportunity.  As of 7/09, two separate proprietary valuations were done on the home.  #1: $68,388  #2: $43,084. Zillow.com's low estimate is $73,000.

The exterior is all white with black trimmed windows. The front yard has shrubs and bushes that line the front porch. The back yard is nicely spaced. The roof is about 3-5 years old and in excellent condition. The windows are wood framed and a few have broken glass. The brick foundation is in good condition. There is a chain link fence around the backyard. The driveway is topped with asphalt. There is a two car detached garage in the back yard that’s in fairly good condition.

The interior of the house is fully carpeted, and it is in fairly good condition. The living room 17.5x11.5 and has some peeling paint along with a bookshelf that’s attached to the fireplace. The dining 16x11.5 room has a drop ceiling and two windows looking in to the back yard. The kitchen (11x11) needs cabinets and a sink. The vinyl floor is in good condition. The bedrooms are all on the second floor the measurements are (2)10.5x10.5 and (2)10x10 three of them have peeling paint. The basement is full size and unfinished.

All information derived from third party sources, including but not limited to property assessments, appraisals, and title reports is deemed reliable but not guaranteed.

All buyers are deemed to have relied entirely on their own information, judgments and inspections of the property in making the decision to purchase the property. ALL BUYERS ARE ENCOURAGED TO PERFORM THEIR OWN DUE DILIGENCE.

If you are the winning bidder you will be requested to pay the down payment of $1,500.00 and the closing fee of $795.00 on the subject property by PayPal deposit within 24 hours of the Auction Closing. If the seller has not received the funds and or heard from the buyer within 24 hours the seller reserves the right to cancel the transaction and the buyers misconduct will be reported to eBay. Remainder of funds must be received within 72 hours of Auction Closing by PayPal, wire transfer or certified funds.Deeds will be prepared and transferred by the seller to the Register of Deeds for recording within 60 days of receipt of good funds from buyer.

Buyer is responsible for all liens and encumbrances.

The Seller offers the Property for sale in "AS IS" CONDITION AT THE TIME OF SALE OR CLOSING, INCLUDING ANY HIDDEN DEFECTS OF ANY NATURE, KNOWN OR UNKNOWN, with no representations, warranties or guarantees whatsoever, express or implied, regarding their nature, value, source, authenticity, fitness, merchantability, and/or any other aspect or characteristic of the Property. No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding the Property. All sales are with the understanding that the buyer cannot rely on any other representation, warranty or guaranty made by anyone.

Buyer acknowledges and verifies that he/she has carried out the necessary due diligence to purchase, as properties are sold "as is". As such, all sales are final, and refunds will not be granted.