Up for auction is a single-family residence with a covered porch. The lot size is 35' x 110', or 3,850 square feet.
We purchased this property as an occupied foreclosure. Our property manager went by and met with the occupant, who said she has lived in the home for 28 years. She expressed interest in buying back the home on monthly payments, but eventually stopped communicating with our property manager before we could form a contract. We will provide the buyer with the occupant's last known contact information as well as our property manager. Buyer should verify whether property is still occupied BEFORE bidding.
Address: 11716 Whithorn, Detroit, MI 48205
PIN (parcel number): 21012466.
Legal Description: S WHITHORN 24 VIAENE SUB L43 P79 PLATS, WCR 21/632 35 X 110
Property Condition/Info: We purchased this property as a foreclosure and have never visited the property. The only information that we have is from public record information and photos taken by our local photographer. Sorry, but we don't know anything more about the property than the info in this auction!
Status of title: Property is sold via quitclaim deed with as-is title. There are NO outstanding mortgages on this property. There are no pre-2013 taxes due. Please check with the city/county to confirm whether there are any code violations or liens for things like weed abatement, open water/utility bills, etc., as any liens would be the buyer's responsibility, as well as confirm outstanding tax balance and due dates (the buyer will need to pay 2013 taxes quickly to avoid tax foreclosure).
The Seller offers these assets for sale in "AS IS" CONDITION 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. No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding these assets. Buyer is purchasing this property via a quitclaim deed and will assume any liens, encumbrances, code violations, and/or back taxes. All sales are with the understanding that the buyer cannot rely on any other representation, warranty or guaranty made by anyone.
All information derived from third party sources, including but not limited to appraisals, is deemed reliable but not guaranteed. All buyers are deemed to have relied entirely on their own information, judgments and inspections of the assets in making the decision to purchase the asset. Remember that this auction is a legally binding contract and by placing a bid, you the buyer are acknowledging that you have done satisfactory due diligence and agree to purchase the property.
This is a cash sale, you are bidding on the full purchase price. Winning bidder agrees to pay the full balance due within 4 days of the auction's close via certified/cashier's check or wire transfer. Buyer to pay 10% buyer's premium with $100 minimum and closing costs of $500, which include deed preparation & recording, property affidavit preparation and submission, recording fees, and transfer taxes. We will handle the entire process of recording the deed.
Thanks for looking and good luck with your investments.
