Note to Bidders: This is a Bid and Assume auction for owner-financed real estate. Your bid represents two steps (1) the down payment on the listing and (2) your commitment to pay the seller the remaining balance owed by making monthly payments. The seller will specify the interest rate. Please carefully review the seller's terms below - - prior to placing your bid on this auction - - as there may be additional collection/processing fees, closing costs, a buyer�s premium or other fees.

Click here to read our Frequently Asked Questions on Bid and Assume auctions.

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.