AUCTION ID #: 428931 Bookmark and Share
Memphis, Tn- 2/1 Gotta Go!! $6500 Make offer!
Item 428931  
Final Bid: USD $0
Number of Bids: 0
Your Bid Status: Login to view status
Reserve: No Reserve!
Status: Closed
Auction Started: 11-11-09    08:00 PM ET
Auction Closed: 11-24-09    03:00 PM ET
Asset Details
Seller Information
   
Seller Name: econohomes
Rating: Seller Rating - 5 (43)
Location: 2132 Lowell
Memphis, TN    38114
View Seller's other items
 
 
Bid Increment: $500
Shipping Cost: SEE DESCRIPTION BELOW
Minimum Bid: $6,500
Auction Type: Regular Auction
Source: Private Auction
Deposit Required: $0
Overtime Period: 5 min
Buyer's Premium: 10.0%
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Item Specifics
 
Residential Properties  
  Address 2132 Lowell
Memphis, TN 38114
United States

Asset Description

Econohomes, LLC

5 Star Rated Seller – Bid with Confidence!!!!

2 Bed / 1  Bath

Ask about our short term Investor financing

2132 Lowell  Memphis, Tn 38114

Contact Shelby County to verify information

Parcel Number 047008018

 

Storefront

 

 

Visit the Econohomes Storefront to view all of our incredible investment opportunities. Absolute Auctions and Low Minimum Bids with NO RESERVE on properties across the country. New Auctions added daily!

 

Here is what our Assessor had to say:

 

Exterior:
Blue wood shingle siding home w/ red and white trim. Nice yard in front - two shrubs line beginning of front walkway. Roof - neighbor says was replaced 4 or so years ago. Soffits and eaves good - gutters in place. Windows are old wood framed. Foundation is stone. Fence in back is wood.

Interior:
Fresh paint throughout. Living room has nice baseboards, built in shelves, and large window. Kitchen has tile floors - cabinets, counter, and sink intact. Dining room has painted hard wood floors and nice chandelier. Master bed room has wooden floors - closet space could be improved. Bedroom #1 has a large closet, Bedroom #2 has no closet. Bathroom #1 - full sized, mirror and shelving in place. Bathroom #2 has only a toilet and is adjacent to dining. Bathroom #3 is in the basement - contains toilet and sink. Basement is in good condition. WH present and still has copper. Furnace appears functional. Ductwork and electrical seem intact based on the photos.

 

Property Specifics

 

Property Address

2132 Lowell

 

Square Footage

 

 

No. of Bedrooms

2

 

No. of Bathrooms

1

 

Acreage

 

 

Legal Description

 

 

Tax ID No.

047008018

 

 

 






































 

All information derived from third party sources, including but not limited to property assessments, appraisals, and title reports is deemed reliable but not guaranteed.

All buyers are deemed to have relied entirely on their own information, judgments and inspections of the property in making the decision to purchase the property.

Settlement: A 10% non-refundable deposit is due within 48 hours, full payment is due within 10 days. A $295 deed processing fee and recording fee will be charged to the buyer. Deeds will be prepared and transferred by the seller to the Register of Deeds for recording within 180 days of receipt of good funds from buyer. Payment may be made by wire transfer, Moneygram, or certified funds.

Buyer is responsible for all liens and encumbrances.

The Seller offers the Property 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 the Property. No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding the Property. All sales are with the understanding that the buyer cannot rely on any other representation, warranty or guaranty made by anyone.

General Refund Policy

Buyer acknowledges and verifies that he/she has carried out the necessary due diligence to purchase, as properties are sold "as is". As such, all sales are final, and refunds will not be granted.


Maps & Area Information

Additional Details
For more information about this asset including photos, specs and more (when available), click here.


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.
  • Certified/Cashier's Check
  • Wire Transfer
  • Money Order
  •