You are bidding on a Single-Family Property located at:
8029 Wheeler, Detroit MI 48210
For the First-Time "Rehab" Investor
This Little Property could turn a Quick Profit.
Needs Some Work
Has Alot of Potential
Two Bedroom- One Bath
Zillow Estimate - $33,000
$1,000 non-refundable deposit is due within 48 hours; full payment is due within 4 days. A $500 closing cost fee, deed processing fee and recording fee will be charged to the buyer, as well as a 10% buyer's premium with a $100 minimum.
Example of Transaction Costs:
Winning Bid: $3,000
Buyers Premium:$300 (10% of the winning bid or a minimum of $100)
Closing Costs: $500
Total due: $3,800
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BUYER WILL BE PROVIDED WITH A QUITCLAIM DEED (NOT A WARRANTY DEED)
ALL SALES ARE FINAL!
****Please Read Before Bidding***
Please make sure to do your own due diligence before bidding.
Any and all tax and lien information must be verified by the bidder before bidding using the address/ parcel number and the county which we furnish with each listing. Accordingly, buyer is willing to purchase they properties from seller without any representations or warranties, express or implied and on an “As Is, Where Is” and “With All Faults” basis. Buyer is also responsible for all back taxes owed, assessments, liens, or encumbrances.
Pictures that are shown on the listing are some times taken from public records and might not be up to date. It is up to the bidder to due his due diligence and see the property or send a reprasentative in his behalf to see the property before bidding. We cannot guarantee the conditon of the property is as shown.
For the most accurate and up to date information please contact the municipality. These properties are purchased in bulk, sight unseen by Direct Properties and consequently we are unable to provide any information pertaining to the condition or rehab work that may be required.
A Quitclaim deed will be prepared and transferred by the seller to the Register of Deeds for recording within 45 days of receipt of good funds and completion of the necessary paperwork from buyer. Payment may be made by wire transfer or certified funds.
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