Bargain hunters, Buy&Hold Investors, Landlords, Renovators & Rehabbers... this could be your next wholesale deal! With a bit of cleaning this home is perfectly livable, but has room for improvement. Houses in the neighborhood have sold for over $100K and this property has a potential finished value of at least $85K with a whole house renovation. In addition, houses in the area have an average rental income of about $900/mo (pretty sweet cap rate value!). With about $25K in estimated renovation cost, it's truly a steal at $29.9K! This 3 bedroom, 1 bath home has so much potential. Property has a newer roof, large level backyard, and a walk-out LL.

Property to be sold at auction in its current "as-is" condition

All offers to be presented at...

www.HouseBrokerAuction.com

A buyer's premium and technology fee apply to the sale.

 "Due Diligence" including any and all inspections prior to bidding.

Please read all Terms & Conditions prior to bidding.

1. Buyer should at their own discretion “due diligence” including but not limited to any and all inspections PRIOR to bidding unless otherwise noted differently in auction.
2. To bid on any of our auctions, buyer must be of legal age 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.
3. While auction is "active", all bids MUST be placed online.  Written offers will not be accepted.
4. Seller reserves the right to postpone or cancel this auction at any time for any reason.
5. Seller reserves the right to a final review of all bids received.
6. Seller may accept or reject any bid regardless of whether or not there is a reserve or if reserve price has been met.
7. A Non-Refundable “Buyers Premium” of 3% or $1500 is Due from the buyer at Auction Agreement.
8. A “Technology Fee” of $299 will be added to the contract as a buyers closing cost to purchase the property.
9. Buyer’s agent commission of 2.7% is being offered and paid by the seller at closing.
10. Buyer’s agent must register their buyer in order to receive a commission.
11. All bids are placed in US Dollars.
12. 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.
13. The bidding will be open and everyone will have access to the bid history during the auction.
14. As the auction nears the ending time it will auto-extend until bidding is silent for 2 minutes.
15. If there is more than one high bid at the same level (a tying bid), the bid first submitted will be honored.
16. The high bidder will be notified via email after the auction ends.
17. Within 24 hours of auction close, winning bidder will be asked to obtain loan pre-approval or show proof of funds and sign a no contingency special sales contract written by listing agent at the winning bid amount + any fees based on the terms described herein.
18. Sale is “as-is”, "where-is". Seller will not make any repair requests.
19. When contract is signed, winning bidder will put up 2.5% of the sale amount or $1500 (Whichever is greater) non-refundable earnest money consideration to be held at Title Company handling the closing.
20. Closing will take place at agreed upon Title Company within 30 days of signing the contract.
21. Winning bidder may, at their option and expense order a title examination and insurance.
22. Seller will include the following personal property in the sale: None
23. Seller will exclude the following real property from the sale: None