There are no liens or mortgages against this property and you will get this house without any liens, back taxes, or back bills. If the buyer needs search and title insurance than he need to pay extra for these. International bidders are welcome. You will get warranty deed with insurable title.
NOTE:- This is not ready to move in house and may need cleanup and repairs.You are encouraged to go look at the home prior to bidding. We have never been to the home.We dont have no specific repairs list. This would make a great rental or a new home for someone who has money and energy to rehab this house. We got this house as bank foreclosure and you have to do your own due diligence as to what you can do with this house. As-is, where-is. We are selling this home AS-IS WITH NO WARRANTIES EXPRESSED OR IMPLIED. SERIOUS BUYERS ONLY- BINDING AUCTION.
Claim Against Bidder for Nonpayment - California State Law - Revenue and Taxation Code Section 3456.
-- By bidding on the property you acknowledge the following:-
If the highest bidder defaults, under Californian State Law (Revenue and Taxation Code Section 3456) , Shop4assets.com LLC will not resort to the second highest bidder. This can trigger following actions:-
(a) Shop4assets.com LLC shall have a claim against the bidder for setup/hosting expenses, revenue/time lost, and attorney fees.
(1) If a bidder does not pay the claim arising under subdivision (a) within 30 days after the notice is sent, The following shall apply:
- The Shop4assets.com LLC may utilize any means authorized by law to collect the claim, including, but not limited to, transferring the amount of the claim to the unsecured roll/collection agencies. Notification will also be sent to various credit agencies.
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