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Item:Real Estate Home Investment House Income Property NR
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Real Estate Home Investment House Income Property NR

Item condition:--
Ended:Nov 11, 200920:19:07 PST
Bid history:21 bids
Winning bid:US $2,850.50
Shipping:Local pick-up offered.See more services 

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Returns:
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Coverage:
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A reserve price is the minimum price the seller will accept. This price is hidden from bidders. To win, a bidder must have the highest bid and have met or exceeded the reserve price.

 
Seller info
100% Positive feedback
Other item info
Item number:130342168697
Item location:Detroit, MI, United States
Ships to:Local pick-up only
Payments:
 

ATTENTION INVESTORS!

 

 Only in a market like this you will see a deal like this one!!!

Our goal is to help you to become a home owner and we will work with what works for you the best!

THIS IS A NO RESERVE AUCTION  MUST SELL AUCTION

Bidding starts at $1! 

 

 

YOU ARE BIDDING FOR THE TOTAL OWNERSHIP OF THIS HOUSE AND LAND!


This house is a  4 bedrooms , 2 baths.

 

Zestimate and tax info

Zestimate:
$115,000.00
2008 Property Tax:
$2,103.00





The address is: 15771 Mendota St., DETROIT MI 48238.

Sq. Fotage: 1,371 sq. ft.

Lot Size:     7,405 sq. ft.

Built in:            1927

For Sale: By Owner.

 THERE IS NO LIEN OR BACK TAXES ON THIS PROPERTY 

   BUY WITH CONFIDENCE

 

THERE IS NO LIEN OR BACK TAXES ON THIS PROPERTY 

   BUY WITH CONFIDENCE

 

Only in a market like this you will see a deal like this one!!!

Our goal is to help you to become a home owner and we will work with what works for you the best!

THIS IS A NO RESERVE AUCTION  MUST SELL AUCTION

THERE IS NO LIEN OR BACK TAXES ON THIS PROPERTY 

   BUY WITH CONFIDENCE

 
 PLEASE READ ENTIRE AD BEFORE BIDDING

Please bid if you intend to buy.



Please Bid Only If You Intend To Buy and If Your Funds Available

 


We encourage you to look at our home before bidding and do your own due diligence on this property. 
Any representations of this property and everything we put in this ad based on our opinion and it is not guaranteed.

IMPORTANT INFORMATION: 



TERMS AND CONDITIONS - PRICE - FEE - DISCLOSER - TAX - DEED

 It is important that you familiarize yourself with the terms and conditions as all sales are final . The terms of sale are non-negotiable.  

This  property was received by variety foreclosure sources, such as bank, government, etc. So we can offer these properties at prices below market value, therefore they can be an excellent investment opportunity for their buyers. 

All of our houses will be sold where is, as is regarding to the conditions and occupancy of the building.

This is a final and cash only sale. Seller does not offer financing and you must have your funds available at the time of bidding.

We require a Non-Refundable $2500 USD deposit in 24 hours. This will be deducted from your TOLAL. (through PayPal) on this home, immediately upon auction closed.Balance due within 7 days of the auction closed and sent by Bank wire only.

(Deposit is non-refundable and will be forfeited as liquidated damages to seller.)

Serious bidders only! If you are a new Ebayer or less than 5 positive or negative feedback please e-mail me before bidding and give me your contact information (name, phone, address, e-mail) to verify that you are willing and able to complete this transaction. Please understand there are serious investors who is looking for distressed and rentable properties like this. So please bid only if you are serious and if your funds are available to complete this transaction. 

you can e-mail me through Ebay mailing system.

Serious Investors and Home Buyers are Welcome to Bid

Your bid is a binding contract to purchase this investment home and the land.You are bidding on the Full Purchase Price of this home, the winning price is not a down payment . This is not a tax sale property. Upon completion of the final payment, the home will transfer free and clear to the buyer.


1-Once the auction ends and 2-Down payment made through PayPal 3-please e-mail me immediately with following information I need for deed preparation.

Full Name, Middle initial, and Last Name that is going to be on the deed:

Address that is going to be on the deed: 

Marital Status of Buyer for deed:

 Name and Address for Mailing:

Contact Phone Number and e-mail address:

A  title insurance company will prepare a warranty deed and will transfer this said property from the seller to the buyer. Buyer will receive a copy of the deed. The actual deed will be sent for recording and for you to receive the original warranty deed may take up to12 weeks from county register of deeds office.

All properties and this house are being sold "AS IS, WHERE IS" with any and all faults, and with no financing, inspection or other contingencies to sale. Buyer(s) agrees to accept the property in As Is, Where Is condition. The Seller disclaims any Warranties or Guaranties, Expressed Or Implied as to the habitability, merchantability or fitness for any purposes. Any representations of this property are only the opinion of the seller, buyers are responsible to perform their own due diligence prior to the auction closes. I believe my description is Accurate, but it is not guaranteed as I haven't been inside the property personally. Most of the houses are boarded and secured for safety.

Since the seller has no available reports or inspections for the property, seller has limited knowledge of the current condition of the real estate or any improvements, other than the pictures used in this auction. Some of the information in this ad was obtained from vary sources such as public records. They believed to be true but it is not guaranteed. 

Seller will provide a clear title with a Warranty Deed and taxes will be paid in full and current to day of closing.Taxes will be prorated, buyer shall reimburse for any taxes paid in advance.

There is an additional $970.00 in closing costs on this home which includes processing fee for deed preparation, transfer tax, sellers policy documentation, and recording fee, local services, shipping, notary and courier fees, etc. This property is FREE AND CLEAR OF ALL DEBT and you will get a warranty deed for it. We already have clear title insurance on the property. However buyer can also get a title insurance policy from closing company or his own title company at his own expense. 

There are no Back Taxes Owed up to end of 2008.

This house is advertised elsewhere, if I receive an acceptable offer from a qualified buyer I reserve the right to end this listing anytime.

Winning Bidder(s) buyer(s) shall represent, covenant, and warrant that they are purchasing the Property relying solely on their independent inspection of the Property in and its existing condition with no warranties on the property. Seller shall not be liable for any allowance, adjustments or revisions based upon the failure of the Property and its appliances, or floor plans to confirm to any specific standards. Any and all information provided by Seller regarding sizes, floor plans, building year, square footage, etc. and/or rooms, basement, kitchen, attic, bedrooms/bathrooms for the Properties are approximations only and are based on the information available to the seller and public. Actual conditions, sizes, floor plans, building year, square footage, etc. and/or rooms, basement, kitchen, attic, bedrooms/bathrooms may vary. 

Please Bid Only If You Intend To Buy And If Your Funds are Available as of TODAY!

PLEASE BE ADVISED: Various state statutes give Seller the right to pursue legal action against bidders who refuse to complete transactions. This may include (but is not limited to) suit to compel completion of the sale, and/or criminal charges of fraud or other intentional act.


 

Please bid if you intend to buy.



New Ebayer or less than 5 positive or negative feedback please e-mail me before bidding, if I do not hear from you I will have to cancel the bid.

Please make sure you understand the final bid plus following fees is the full purchase price of the land and the house.

• Buyer is responsible for closing and processing fee of $970

• The buyer is responsible to pay $2,250 for property tax up to December 1st 2009 at auction end. To remind you this is 2009 taxes required by the Title company at the time of closing.

 

COMPARABLE HOUSES SOLD RECENTLY IN THE SAME AREA.

Address

Price

Sold On

Bd

Ba

Size (sqft)

Lot (sqft)

Year

Price/SqFt

Dist. (mi)

19389 Fairport St

$65,000

4/6/2009

--

1

777

7,840

1944

$83

0.7

20805 Helle Ave

$81,000

12/30/2008

--

--

--

--

--

--

0.37

12484 Sarsfield Ave

$48,000

12/10/2008

2

1

720

--

1950

$66

0.53

19231 Teppert St

$82,500

3/16/2009

--

1

816

3,484

1947

$101

0.72

20058 Joann St

$60,000

12/22/2008

--

1

722

10,018

1950

$83

0.65

20275 Alcoy St

$75,000

11/18/2008

--

1

740

10,018

1944

$101

0.7

20227 Fairport St

$110,000

8/4/2008

--

1

907

9,583

1946

$121

0.54

14049 Eastburn St

$76,000

3/31/2009

--

1

925

9,583

1948

$82

1.33

17353 Albion St

$80,000

6/4/2009

--

1

1,068

9,583

1929

$74

1.4

20409 Bramford St

$73,000

5/26/2009

--

1

747

7,405

1940

$97

1.46

13869 Rossini Dr

$60,000

3/26/2009

--

1

905

10,890

1952

$66

1.18

13857 Liberal St

$85,000

1/22/2009

--

1

768

11,325

1945

$110

1.21

18665 Gruebner St

$65,000

1/22/2009

--

1

811

11,761

1949

$80

1.1

18710 Dresden St

$80,000

8/15/2008

--

1

720

8,712

1951

$111

0.76

19233 Albion St

$70,000

8/15/2008

--

1

780

6,969

1940

$89

0.63

17435 Annott St

$70,000

3/5/2009

--

1

1,479

10,018

1940

$47

1.24

22435 Sharrow Ave

$65,000

5/21/2009

3

1

1,004

4,305

1954

$64

1.18

12735 Georgiana Ave

$60,000

10/16/2008

--

--

--

--

--

--

0.54

12739 Sherman Ave

$60,000

9/11/2008

4

1

870

6,098

1953

$68

0.64

13683 Sidonie Ave

$57,000

2/12/2009

--

1

912

9,583

1936

$62

1.2

12411 Georgiana Ave

$49,000

8/22/2008

--

1

1,284

4,792

1943

$38

0.43

12739 Sherman Ave

$60,000

9/11/2008

--

1

870

6,098

1953

$68

0.64

12786 Sherman Ave

$66,500

9/26/2008

--

1

870

4,356

1953

$76

0.66

13351 Manning St

$75,000

8/26/2008

--

1

892

7,840

1926

$84

0.82

12735 Georgiana Ave

$60,000

10/16/2008

--

1

1,500

4,791

1939

$40

0.54

11487 Cadillac Ave

$65,000

5/28/2009

4

1

2,130

5,227

1952

$30

1.12

12811 Sarsfield Ave

$64,000

8/11/2008

--

1

1,020

7,405

1928

$62

0.67

18038 Bradford St

$62,000

12/23/2008

--

1

1,488

9,583

1950

$41

1.05

13877 Bringard Dr

$105,000

10/27/2008

--

1

776

9,583

1941

$135

1.19

20171 Spencer St

$63,000

6/25/2009

--

1

1,370

8,276

1941

$45

1.68

19200 Fairport St

$89,000

8/5/2008

--

2

991

8,712

1952

$89

0.8

 



































































































































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