AUCTION ID #: 429291 Bookmark and Share
Bolivar, TN: 3/1 Rehab Investment Property ~ No Reserve!
Item 429291  
Final Bid: USD $0
Number of Bids: 0
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Reserve: No Reserve!
Status: Closed
Auction Started: 11-16-09    07:00 PM ET
Auction Closed: 11-27-09    03:00 PM ET
Asset Details
Seller Information
   
Seller Name: econohomes
Rating: Seller Rating - 5 (43)
Location: 1285 Burnett Mills Rd
Bolivar, TN    38008
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Bid Increment: $500
Shipping Cost: SEE DESCRIPTION BELOW
Minimum Bid: $12,900
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 1285 Burnett Mills Rd
Bolivar, TN 38008
United States

Asset Description

 

Econohomes, LLC
5 Star Rated Seller – Bid with Confidence!!!!
3 Bed / 1 Bath
1285 Burnett Mills Rd, Bolivar, TN 38008
Contact Hardeman County to verify information
Parcel Number 090-009.00
 
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Here is what our Assessor had to say:

Exterior:
Single story ranch style (Pier and Beam) home with large porch and separate garage. Home has blue/green wood siding; this is in fair condition and a concrete slab foundation. Foundation seems sound and no buckling was found. The roof is shingle based and appears to be in good shape, no major leaks found. The interior ceilings have some damage but it doesn’t seem it s from water. The house sits on a huge lot (4.5 Acres) and the yard looks great giving it nice curb appeal. The garage is in great shape and is large enough for several cars.


Interior:
The home has a huge sunroom or enclosed porch, this room has hardwood flooring and has some wall damage and will need repairs in several areas. The living room is large and has hardwood; walls will also need repair in this room. The den has concrete flooring as well as stove/heater, with brick underneath. The home has three bedrooms, the first or master, has hardwood floors and blue wallpaper and whit e walls. The second bedroom has flowered wallpaper and concrete flooring. The third room has concrete floors and wall papered walls. The kitchen includes linoleum floors, cabinets and a double sink. The bathroom includes a sink, tub and toilet. The home appears to have been cooled by window units, none were found. The home was heated with a gas heater seen in the picture. A Hot Water tank was found but it was in poor condition.

Mechanics: Gas Heater and Hot Water Tank.









Disclaimer

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 20% non-refundable deposit is due within 48 hours, full payment is due within 5 days. A $350 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.


Bid4Assets Real Estate Buyer Responsibilities

Bid4Assets reminds all potential bidders on real estate 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, and b) the satisfactory completion of a title search.

By placing a bid, you acknowledge that any statements made by the seller pertaining to the condition or market value of the property are subjective, and do not release you from your responsibility to perform a due diligence review.

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
  •