DO NOT BID ON THIS PROPERTY, WITHOUT READING, UNDERSTANDING, AND AGREEING WITH THIS ENTIRE LISTING, AS WELL AS THE TERMS OF SERVICE OF BID4ASSETS. IF YOU BID FOR A THIRD PARTY, YOU WILL BE HELD LEGALLY RESPONSIBLE FOR PAYMENT. HIGHLIGHTED OR NOT, BOLD LETTER OR NOT, EVERY SECTION AND EVERY WORD OF THIS LISTING IS RELEVANT, AND DESERVES YOUR ATTENTION.
THE SELLER JUST AUCTIONED THIS PROPERTY OFF LAST MONTH, TO AN OUT-OF-STATE, NON PERFORMING BIDDER (Auction Id 603737). IF YOU'RE LOCATED OUT OF STATE, THIS PROPERTY IS NOT LOCATED IN OR NEAR DOWNTOWN DETROIT. THE SELLERS ARE OVERWHELMED WITH OTHER PROPERTY AND SELLING THOSE THAT'S SITTING. (LAST MONTH THEY SOLD A 4500 SQ FT RANCH IN LINCOLN PARK ON 1.5 ACRES FOR $19,200.00 AUCTION ID 603721, LAST YEAR THEY AUCTIONED OFF A 9,000 SQ FT BUILDING FOR $7,100 LOCATED ON GRANDRIVER IN THE GRANDMONT SUBDIVISION AUCTION ID 545090, AND A BRICK HOME ON GREENVIEW IN THE WARRENDALE SUB FOR $3000.00 AUCTION ID 536901.) PLEASE DO YOUR DUE DILIGENCE BEFORE BIDDING ON THIS HOME OR ANY OTHER. THIS IS A GREAT CONDO UNIT LOCATED IN A DEVELOPMENT RIGHT OFF MICHIGAN AVE. SOUGHT AFTER UPPER UNIT IS READY FOR KITCHEN CABINETS, AND FLOOR COVERING'S. THIS UNIT OFFERS 2 SPACIOUS BEDROOMS AND ONE BATH, LARGE KITCHEN W/GENEROUS EATING AREA, 2ND FLOOR LAUNDRY, ATTACHED GARAGE, NEW PLUMBING, HEATING SYSTEM, ELECTRICAL, WINDOWS, ROOF (2004), SUBFLOORS, TUB, ETC. CLOSE TO SHOPPING AND EXPRESSWAYS. CAN MAKE A GREAT HOME OR INVESTMENT. PICTURES INSIDE UNIT TAKEN TO SHOW SPATIAL RELATIONS.
THIS CONDO UNIT WAS PART OF A FORECLOSURE DATED DEC 15, 2008 FOR $450,000.00 (LIBER 47634 PAGE 108-129).
ALL INFORMATION, ESPECIALLY IN REGARDS TO AMOUNTS, VALUES, DATES, AND/OR RECORDED INFORMATION SHOULD BE RESEARCHED BY THE BUYER(S) FOR ACCURACY. NEITHER THE FORECLOSURE AMOUNT LISTED BEFOREHAND NOR THE S.E.V. AMOUNT IMPLIES PAST, CURRENT, OR FUTURE VALUE OF THE PROPERTY, AND SHOULD NOT BE USED AS SUCH.
IN OUR EXPERIENCE, THE BIDDERS WHO ASK YOU A TON OF QUESTIONS, ARE THE ONES WHO NORMALLY DON'T CLOSE THE DEAL. EXPERIENCED INVESTERS / BIDDERS ONLY NEED AN ADDRESS AND/OR PARCEL NUMBER TO DO THEIR RESEARCH. THEY KNOW AND UNDERSTAND THAT MISINFORMATION CAN MISTAKENLY BE GIVEN, LEADING TO SELLER LIABILTY. DOING YOUR DUE DILIGENCE, IS NOT ASKING THE SELLER FOR ANSWERS, BUT TRUSTING NO ONE, AND DOING THE WORK YOURSELF. AS AN INVESTOR / BUYER OF "AS IS, WHERE IS" PROPERTY, A BIDDER SHOULD ONLY TRUST THEIR OWN THOUROUGH RESEARCH.
THE BUYER IS HEREBY GIVEN NOTICE THAT THE SELLER IS A LICENSED REAL ESTATE AGENT IN THE STATE OF MICHIGAN. ALSO BY BIDDING ON THIS PROPERTY THE BUYER ACKNOWLEDGES RECEIPT OF A SELLER DISCLOSURE POSTED AT THE PROPERTY.
The property offered for sale can be referred to as Assets throughout the listing. The Seller offers these Assets / Property for sale and the buyer agrees to purchase these Assets / Property in an "AS IS, Where IS" CONDITION, with "ALL FAULTS" AT THE TIME OF SALE OR CLOSING, INCLUDING ANY HIDDEN DEFECTS OF ANY NATURE, KNOWN OR UNKNOWN, with No Representations, Warranties or Guarantees whatsoever, express or implied, regarding their nature, value, source, authenticity, fitness, merchantability, and/or any other aspect or characteristic of these assets / property . If the property being sold has homeowner association fees / dues that are owed, they become the responsibility of the buyer(s). No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding these assets / property. Pictures of assets / property may or may not be the current condition of the assets / property. All sales are with the understanding that the buyer cannot rely on any other representation, warranty or guaranty made by anyone. By bidding on this property, the Buyer(s) acknowledges receipt of a Seller's Disclosure.
All information derived from third party sources, including but not limited to appraisals, square footage, values, features, etc.is deemed reliable but not guaranteed. All buyers are deemed to have relied entirely on their own information,research, judgments, and inspections of the assets in making the decision to purchase the assets / property. All buyers understand that the assets / property offered may be from a foreclosure. Buyers will contact and research any and all information regarding this asset / property at the tax office, local municipalities, condo association, homeowner's association, registrar of deeds, etc before bidding on said property. If a certificate of occupancy is required, that also becomes the responsibilty of the Buyer. Any and all tax and lien information must be verified by the Buyer before bidding on this property. The Buyer(s) is responsible for back taxes, encumbrances, bills, owed homeowner association fees / dues, and liens on the assets / property.
By Bidding on this property, the Buyer(s) understand and acknowledge that the Seller of the property IS a REAL ESTATE INVESTOR HOLDING A REAL ESTATE LICENSE in the State of Michigan. If an infraction is imposed due to the lack of a presale inspection and or a compliance aggreement, it will become the responsibilty of the buyer.
PLEASE UNDERSTAND THAT WHEN YOU PLACE YOUR BID, YOU ARE NOT ONLY AGREEING TO THE TERMS AND CONDITIONS OF BID4ASSETS, BUT THE SELLER'S. THE GOAL HERE ISN'T TO WIN THE BID AND MAKE DEMANDS, BUT TO WIN THE BID, AND CLOSE THE DEAL. FAILURE TO CLOSE BY THE ABOVE SPECIFIED TIME AND DATE WILL RESULT IN LEGAL PROCEEDINGS. EVEN THOUGH BID4ASSETS HAVE THEIR PREDETERMINED PENALTIES FOR NONPERFORMANCE, THE SELLER WILL PERSUE OTHER LEGAL REMEDIES.
QUITCLAIM DEED WILL BE GIVEN AT THE TIME THE SETTLEMENT CLEARS. THERE IS A 10% BUYER'S PREMIUM (WITH A $100.00 MINIMUM) ASSOCIATED WITH THIS AUCTION.
The seller of this property is not a bank. Unitedtrust is simply a screen name. The seller of this property is the verified owner. If you're the winning Bidder, you'll receive an email from Bid4assets containing the seller's contact information, please send your Deed information (Name, marital status, and address) , so it's preparation can begin.