AUCTION ID #: 428858 Bookmark and Share
742 KING ROAD, Memphis, TN 38109-
Item 428858  
Final Bid: USD $0
Number of Bids: 0
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Reserve: No Reserve!
Status: Closed
Auction Started: 11-11-09    01:00 AM ET
Auction Closed: 11-23-09    04:00 PM ET
Asset Details
Seller Information
   
Seller Name: Kirkwh11
Rating: Not yet rated
Location: Memphis, TN    38109-
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Bid Increment: $50
Shipping Cost: SEE DESCRIPTION BELOW
Minimum Bid: $650
Auction Type: Regular Auction
Source: Private Auction
Deposit Required: $0
Overtime Period: 5 min
Buyer's Premium: 10.0%
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Asset Description
742 KING ROAD, Memphis, TN 38109-

DESCRIPTION


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ADDITIONAL DETAILS

Address 1742 KING ROAD
CityMemphis
Listing Parcel Number075032 00028
StateTN
Zip38109-
Auction ID


Maps & Area Information

Additional Details
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Additional Terms of Service

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. 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.



PLEASE READ CAREFULLY- Bid4Assets Real Estate Buyer Responsibilities

Some sellers buy large "pools" of under-valued properties from banks. The seller may not inspect every property prior to sale. The seller represents these properties to the best of their knowledge. In some rare cases, property may have severe damage or be subject to county/city orders not described in the auction. It is highly recommended that interested bidders arrange for an external inspection personally or through a designate and that they contact the county or city in which the property is located to confirm the status of the property.

Bid4Assets reminds all potential real estate bidders that it is your responsibility to complete all due diligence needed to determine the condition, market value, or investment value of this asset prior to placing a bid. Necessary due diligence items may include, but are not limited to, a) a satisfactory inspection of the property b) completion of a title search c.) investigating back property taxes and D.) other - liens and encumbrances such as unpaid utility bills.

By placing a bid, you acknowledge that any statements made by the seller about the condition or market value of the property are subjective, and do not release you from your responsibility to perform due diligence. Please contact Bid4Assets if you believe that a seller is intentionally misrepresenting a property in their auction.

Settlement Requirements
  • This auction requires that the winning bidder pay a Buyer's Premium of 10.00% of the winning bid amount. (The Buyer's Premium covers the costs associated with the auction). This amount will be added to the winning bid and will be included in the total purchase price paid by the Buyer to the Seller.
  • Settlement Agent
  • Wire Transfer
  • Money Order
  • Winning bidder is responsible for all liens, encumbrances and back taxes we encourage the Winning Bidder to educate themselves in researching all Liens, encumbrances and back taxes before bidding. A 25% non-refundable deposit is due within 48 hours. Final payment is due within 5 business days. A quick claim deed will be given at time of settlement. There is a $295 deed preparation fee associated with this auction.
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