|   Register
Real Estate Internet Auctions
Real Estate Agents - 30 day Free Trial!
 (Central Time)   
166 McArthur Blvd. Lehigh Acres FL
Auction ID: 110417 
Status: Deleted
166 McArthur Blvd. ~ Lehigh Acres, FL Residential Lot | Land
Bid: $2,800  (Reserve Met)
Number of Bids: 1 Bid History
High Bidder: Alen
Time Remaining
Days Hours Minutes Seconds
- - -
-
 
Started: Jul 28, 2008 5:52 AM
Ends: Aug 02, 2008 9:09 AM  (Central)
Starting Bid: $2,700
Seller: John Bickel
See Terms Below for Bidding Instructions on This Property
 
Contact Info Address Info Property Info Pictures Description Bidding History Questions to Seller Terms

Contact Information
Contact Type: Auctioneer
Contact Name: John Bickel
Agency Name: John Bickel & Associates
Contact Phone: 239-369-3473


Address Information
Street Address: 166 McArthur Blvd.
City: Lehigh Acres
State/Province: FL
Postal/ZIP Code: 33972
Country: United States
Showings: Vacant Land (see anytime)
Map:
Click for Expanded Google Map / Directions 

Property Information
Property Type: Residential Lot
Category: Land
Bedrooms:
Full Bathrooms:
Half Bathrooms:
Square Footage: 11,750 (Approximate)
Lot Dimensions: 94 x 125
Basement:
Parking:
Year Built:
Taxes:

Picture Gallery

Description

166 McArthur Blvd. Parcel ID No. 02452704000320160 Size 94 x 125 Tax Assessed Value $11500

This is an “Auction with Reserve” and the “Reserve Price” has been entered into the system. As soon as the bidding reaches or exceeds the

“Reserve Price,” the listing will show “Reserve Met,” and the “High Bidder” at the close of the auction will win the auction.

Zoning is RS-1 (Single Family Residential) on all lots unless otherwise noted.

The "Parcel ID No." otherwise known as a “STRAP Number” (Section, Township, Range, Area, Parcel) identifies the particular lot on County

records.

The "Size" shown is the lot size in feet, the first number being the street frontage.

"Tax Assessed Value" is the value placed on each lot by the County Property Appraiser's office from which annual property taxes are

calculated. Please note that the values shown are the new values for the 2008 tax year, just released by the Lee County Property Appraiser,

and have been adjusted to reflect actual sale prices during the year of 2007, as required by Florida Statute.

This number is NOT actual market value, nor is it a "Reserve Price" or a minimum bid. However, this number may be used for a rough idea of

the "relative value" of one lot compared to another.

There are two images shown for each lot. One is an aerial photograph, and the other is a plat showing the dimensions and location of the

nearest street intersection. With the plat, and a map of Lehigh Acres, any lot may easily be located.

Color maps are available from the Lehigh Acres Chamber of Commerce, 4109 Lee Blvd., Lehigh Acres for $3.25 each. See their website at:

http://www.lehighchamber.org for more information.

Important Note: We have coordinated extremely low “Reserve Prices” on these lots with the Sellers, so bid early, and be sure to watch the

close of the auction. There are 7 lots in this auction, with staggered “Ending Times” starting at 10AM EDT Saturday, August 2, 2008

Both Buyers and Sellers have counted on us for years to anticipate market movements on the price of Lehigh Acres Lots, our specialty, having

sold thousands of them at live auction. We predicted the rise in prices back in 2000, as well as the decline in 2005. Those who followed our

advice did well, and those who didn’t bore the consequences, in some cases getting stuck with large loans instead of selling out at a hefty

profit.

Now, it is our judgment that the bottom of the market has been reached, and just like back in 2000, those who buy now will get the best

possible prices, and experience the greatest return-on-investment as the market moves upward.

We can’t emphasize this strongly enough. This is your chance to buy in at the bottom of the market!

John Bickel & Associates, Licensed Real Estate Brokers & Auctioneers
AB2175/AU2433
http://www.johnbickel.com
Email: jb@johnbickel.com


Bidding History
BidderBid AmountBid TimestampAuto-Bid
Alen$2,800 Thu - Jul 31, 2008 04:19:06 PM

Questions to Seller
 
----- No Questions -----

Terms
Bids for our Online Auctions may only be placed online over the Internet. No phone bids will be accepted, nor will there be a live auction for these properties.

Buyers must be registered to bid. Registration is free. Please click on the "How to Register" link above.

Bids will display on the auction page immediately. If you have placed a bid, and are "out-bid" by another bidder, you will receive an Email notification from us that you have been out-bid, the amount of the new bid, as well as the minimum amount you would need to raise the current bid.

A bid by any person shall be conclusive proof that the bidder understands and accepts these terms of sale and agrees to be bound by them. Auctioneer reserves the right to reject any bid he deems unresponsive. Properties are offered under “Exclusive Right of Sale” by
John Bickel & Associates.

These are "Auctions with Reserve," and the "Reserve Price" is always unannounced and unpublished n advance.

We use two different forms of Reserve Auctions:

One, the "Reserve Price" has been agreed to by the Seller in advance and is entered invisibly into the system.

Two, the Seller has not preset a specific "Reserve Price," and the final high bid is "Subject to Confirmation" by the Seller.

If the "Reserve Price" has been agreed to in advance by the Seller, the listing will show "Reserve not met" until the bidding reaches or exceeds the "Reserve Price." Once met, the listing will show "Reserve met." When this notation appears on the listing, bidders know that the property IS going to sell to the highest bidder at the close of bidding.

If the listing shows nothing about a "Reserve Price," then the "High Bid" is "Subject to Confirmation" by the Seller, and may or not be accepted by the Seller. 

Please do not hesitate to bid! We coordinate with Sellers to establish what we believe to be a reasonable "Reserve Price" under the present market conditions. The "Reserve Price" is set solely to protect the Seller from ridiculously low bids.

Each auction has a "Starting Time" and an "Ending Time." Auctions start as soon as the property appears on our website. You may bid on any property up till the posted "Ending Time." Note that when multiple properties are listed, the "Ending Times" are staggered by several minutes to simulate a live auction. Therefore, if you are outbid on a property, you still have a chance to bid on other properties before the entire auction closes.

The High Bidder will show on each lot immediately following the close of the auction, along with the final "High Bid."

If you are the "High Bidder" at the close of bidding on a listing showing "Reserve met," you will receive an email notification of your winning bid and you acknowledge having created a non-cancelable contract of sale.

If you are the "High Bidder" at the close of bidding on a "Subject to Confirmation" listing, Sellers have 48 hours to either accept or reject your bid, and you will promptly receive an email from us notifying you of the Seller's response. Bidders acknowledge that Seller acceptance (confirmation) constitutes a non-cancelable contract of sale.

Bids may not be withdrawn or modified once they are entered into the system.

All property is sold “AS-IS, WHERE-IS.”

All sales are final either when "Reserve Price" is met, or upon confirmation of the "High Bid" by the Seller.

All successful transactions will be immediately forwarded to Aaccurate Title Services of SWFL, LLC, 403 Joan Ave. N., Suite B, Lehigh Acres, FL  33971, Phone: 239-369-0363, Fax: 239-369-0364, for processing and final settlement. Expect to be contacted by them via phone or email.

Full cash payment is due within 15 days of seller acceptance. No exceptions for any reason. All normal closing costs including transfer tax, title insurance, processing and recording fees, and a 10% Buyer Premium will be paid by Buyer ("High Bidder"). Current year property taxes will be prorated to closing date.

A deposit of 10% of the " High Bid" must be delivered to the Title Company within three business days. Closings can be handled by mail. It is not necessary to appear in person at Aaccurate Title. If convenient, wire transfers of funds can be arranged. Phone
Bonnie Feldman at Aaccurate Title for details, or Email to: bfeldman@aaccuratetitle.info

Auction sales are cash. No contingencies for financing or inspection or for any other reason. Time is of the essence. Non-performance by buyer could result in loss of deposit as liquidated damages.

John
Bickel & Associates makes no representations about the properties offered including condition, actual size, zoning, or suitability for the buyer’s purpose. Information on these properties has been obtained from the public records and is believed to be reliable as presented, but not guaranteed. Buyers shall rely on their own judgment, information, and inspections of the properties. No further information on individual properties is available from the auctioneers.
Buyer Premium: 10%
This fee is added to the winning bid amount and is included in the total purchase price paid by the Buyer.

Number of Views
39

Copyright 2008 by REI Auctions   |  Privacy Statement  |  Terms Of Use  |  Powered by REAuctionSystems