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Downtown Cape Coral Condo - Walk to Shopping & Dining

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Listing ID: 112796	Status: Active
4903 Vincennes St ~ Cape Coral, FL	Condo/Townhome/Coop/Villa \| Move-In Ready

Starting Bid:	$35,000
Number of Bids:	0 Bid History
High Bidder:

Time Remaining
Days	Hours	Minutes	Seconds
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Bidding Opens:	Jan 31, 2010 2:47 PM
Bidding Ends:	Mar 31, 2010 7:00 PM (Central)
Starting Bid:	$35,000
Contact:	RE/MAX Downtown

See Terms Below for Bidding Instructions

(Auto-Updated Every 60 Seconds)

Terms

Contact Information
Contact Type:	Owner/Agent
Contact Name:	RE/MAX Downtown
Agency Name:	Gidget Jackson
Contact Phone:	239-410-1808
Showings:	On Lock Box

Address Information
Street Address:	4903 Vincennes St
City:	Cape Coral
State/Province:	FL
Postal/ZIP Code:	33904
Country:	United States
Map:	Click for Expanded Google Map / Directions

Property Information
Property Type:	Condo/Townhome/Coop/Villa
Category:	Move-In Ready
Bedrooms:	2
Full Bathrooms:	2
Half Bathrooms:	0
Square Footage:	972 (Approximate)
Lot Size:
Basement:	No Basement
Parking:	Other
Year Built:	1985
Taxes:	$1,068
MLS/FMLS ID:	200951384

Picture Gallery

Description
First floor condo in downtown Cape Coral. Very close to shopping. You do not have to drive you just walk to the store. 2 Bedroom 2 Bath with a nice pool.

Bidding History

Bidder

Bid Amount

Bid Timestamp

Auto-Bid

----- No Bids for Auction -----

Questions


Question: What are the HOA fees and any other fees on this property due at closing Answer: The monthly fees are $320 which also includes water/sewer. There is also a 2% buyer premium on the sale price.
Question: What is the 2% premium on top of the sale price? What exactly is that? Answer: The 2% is an auction buyer premium added to the winning bid. For example if the winning bid on this one is $35,000 the 2% or in this case $700 is added to the buyer's closing costs.

Terms

To bid on our property, you must be of legal age to enter into contract to purchase real estate (18 in most states, 21 in others). If you're in doubt about the legal age to enter into contract in your state, please consult with competent legal counsel before bidding.
All bids are placed in US Dollars.
If you are outbid by another bidder, you will receive an email notice so you can return and increase your bid if you so desire.
The bidding will be open and everyone will have access to the bid history during the auction.
As the auction nears the ending time it will auto-extend until bidding is silent for 1 minute.
If there is more than one high bid at the same level (a tying bid), the bid first submitted will be honored.
The high bidder will be notified via email after the auction ends.
Seller reserves the right to postpone or cancel this auction at any time for any reason.
Sale is “as-is”, "where-is". Seller will not fix anything unless indicated otherwise for that particular auction.
At least 2 business days prior to the auction close, bidders are required show proof of funds or obtain loan pre-approval from the approved lenders listed on this site. See "Buyer-Offer Procedures" for details.
Closing will take place at seller's and winning bidder's agreed upon title company within 30 days of signing the contract unless indicated otherwise for a particular auction.
When contract is signed, winning bidder will pay $5000 earnest money to be held at title company handling the closing. Earnest money deposit is non-refundable after all contingencies to the contract have been met.
Winning bidder may, at their option and expense order a title examination and insurance.
Seller will include the following personal property in the sale: None
Seller will exclude the following real property from the sale: None
All Buyers are to get pre-approved prior to bidding whether cash or financing. See the tab marked "Buyers-PreApproval for more details.
All offers must be submitted on contracts provided by the listing agent for the property and are available for review as attachments to the particular auction. All offers are required to include the loan pre-approval or proof of funds. Go to "Buyers-Offer Procedure" for details.
Many of the properties listed on this site are short sales and subject to lender, trustee and sometimes seller approval which may result in delays. Although we make our best efforts to disclose the status of the sale under these circumstances we can not guarantee the time frames we cannot control.
Buyers reaching the minimum reserve amount may call the listing agent and request a "Call" on the bid. We will then move the bid date back to 72 hours and allow other interested parties to bid. The Buyer winning the bid will then go to contract rather than waiting to posted dates for the auction to end. This expedites the sale process and gives everyone an opportunity to purchase the property.

Buyer Premium: 2.0%
This fee is added to the winning bid amount and is paid by the Buyer.

Number of Views
502