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What is up for Auction?:
Up for auction is 917 Freeland Street, Pittsburgh, PA, 15210. This two-story home was built in 1900 and features 3 bedrooms, 1 bath, a full basement and central heat in approximately 1,874 square feet of living space. The lot size is 3,090 square feet. Photos of home are dated, therefore potential buyer is required to inspect the property before bidding. This home will require a complete rehab. The current listings range from $7,900 to $1,200,000 according to Realtor.com. Average Listing Price: $57,181. Median Listing Price: $49,900 according to Realtor.com. The buyer assumes all taxes and liens. The current estimated back taxes are $8,322. The buyer is responsible for verifying all taxes/liens by calling County Assessor’s Office (Allegheny County) with tax ID#0014-G-00049-0000-00 prior to bidding. We encourage all bidders to do their due diligence. Our terms apply (See VIP Terms and Conditions).
SERIOUS BIDDERS ONLY!!!
The Seller – Stewardship Fund, LP:
Stewardship Fund, LP is a real estate based company that’s been in business since 2002 and is one of the largest purchaser of REO properties in the U.S. We retail them in the most valuable manner dictated by the needs of the customer. We continue to make investments in our Website, Marketing, Products, and People so that we can provide properties of value and an upside to our customers. We have 11 people in our office to serve you with five dedicated Salespeople to answer any of your questions regarding our properties.
VIP Terms and Conditions:
You are bidding on the Full Purchase Price. This is a CASH SALE. There will be NO OWNER FINANCE. $1,000 earnest deposit is due within 24 hours after the auction ends by certified check or bank transfer. No personal checks will be accepted. The balance of the winning bid plus $150 to record the deed needs to be paid in full no later than 10 days after the auction. Please have your financial arrangements in place. Upon receiving the total amount of verifiable funds, seller will record a special warranty deed transferring the property to the purchaser, and mail a copy to the purchaser via certified mail. If buyer wants to go through a Title Company, the buyer is responsible for the closing fees. Seller reserves the right to end the auction at any time.
Inspection of Property:
***SOLD “AS-IS” “WHERE-IS” with no guarantees or warranties expressed or implied!*** Bidders are required to personally inspect this property and confirm the information that is listed. Please e-mail me with questions about this auction. Bidders enter the premises at their own risk, and seller shall not be liable for any injuries or damage suffered or incurred to any bidder’s person or personal property, as a result of such entry. We have a Lead Based Paint Rider that accompanies our Contract for Sale. The Buyer is required to complete all inspections for lead based paint during the time period of the auction. Included in the Lead Based Paint Rider is the Contract of Sale Contingency, Lead Warning Statement, Lead Hazard Information Pamphlet provided by www.epa.gov/lead/leadpdge.pdf. The rider also provides access to the EPA Website at www.epa.gov/lead. We will provide a Seller’s Disclosure during the registration at the end of the auction that states: The Seller has no actual knowledge of the presence of lead-based paint and/or lead-based paint hazards at the property. The Seller has no records or reports pertaining to lead-based paint and/or lead-based paint hazard risk assessment or inspection. It is the buyer’s responsibility to conduct an inspection for lead based paint or waives the opportunity to conduct an inspection. The auction time frame is the mutually agreed upon time to conduct an inspection for lead based paint between the buyer and the seller. The buyers initials are required in the LEAD BASED PAINT RIDER accompanying the Contract for Sale regarding lead based paint disclosure. If you would like access to the property for inspection, please contact us and we will provide a key via the lock box code.
How do you Register your Purchase?:
At the conclusion of the auction, we will send the WINNING BIDDER an e-mail with instructions on how to Register Your Purchase and to make your deposit. Check your email after the auction ends for confirmation. Registering your purchase is required. A Purchase Agreement will be provided during this process as well.
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