For 20 more Absolute Auctions and many other great deals, be sure to visit the LWBR Storefront:

http://www.bid4assets.com/storefront/?sfid=435

For 20 more Absolute Auctions and many other great deals, be sure to visit the LWBR Storefront:

http://www.bid4assets.com/storefront/?sfid=435

This is an absolute auction; high bidder takes it all, no reserve. 

Photos and additional information will be added over the next couple of days.

We have a mortgage portfolio that we are liquidating.  We have many houses all over the country up for absolute auction; see our other properties. 

This is an investors special, tons of potential!

715 25th Street North, Birmingham, Alabama

Tax Assessor's Value 2008-$35,200 (contact Jefferson County  to verify)

Comps

• 2306 3rd. Ave. Price $107,500, Sold on 10/08/07, 3 Bedrooms/1 Bath 1,102 Sq. ft. Built 1930
• 7807 1st. Ave. S Price $79,900, Sold on 9/11/07, 3 Bedrooms/1 bath, 1,368 Sq. ft. Built 1900
• 7911 7th Ct. S Price $83,500, Sold on 9/18/07, 2 Bedrooms/1 Bath 838 Sq. ft. Built 1927
• 8101 7th Ave.S Price $79,000 Sold on 9/5/07, 3 Bedrooms/1 Bath 1,176 Sq. ft. Built 1935

This property is being sold free and clear!  There are no liens or mortgages against this property.

The Home Buying Institute says Birmingham is a great place to invest in Real Estate:

http://www.homebuyinginstitute.com/homebuyingtips/2008/01/birmingham-real-estate-city-in.html

Entrepreneur.com ranks Birmingham #3 in Hot Cities for Entrepreneurs.

http://www.entrepreneur.com/bestcities/midsize.html

This is a list of Top Ten Facts about Birmingham:

1. Metropolitan Birmingham ranks #15 in 2005 as one of "America's 50 Hottest Cities"
2. Birmingham enjoys the nation's best record of long-term income growth
3. Birmingham is listed among the 150 most affordable cities in the
4. Birmingham, home to six Fortune 500 companies

For more, click on:

http://www.birminghamchamber.com/visiting/facts.html

Expansion Management Ranks Birminghan 10^th on hottest cities list:

This community has emerged as one of the South’s leading manufacturing, distribution and health care centers, due to the diversity of industry in the region and its proximity to Atlanta. Birmingham possesses an outstanding quality of life, strong workforce development programs and low operating costs. In particular, the state’s new workforce development program, Alabama Educational Tax Credit, which offers tax credits to companies providing financial support for lifelong learning of their employees, will serve Alabama residents and companies well in the future.

Birmingham chamber of commerce site:

http://www.birminghamchamber.com/

For other top tips on Birmingham, Check out:

         http://www.birminghamchamber.com/business/economicdev-quickfacts.html

Official site of Birmingham:

           http://www.informationbirmingham.com/

You are bidding on the full purchase price.  A 10%  non-refundable deposit is due within 48 hours.  Full payment is due within 14 days of close of auction.  Seller may consider financing for qualified buyers.  There is a 2.5% buyer's premium associated with this auction.

Any bidder should do their due diligence to make sure that this is the investment opportunity for them.  We supply the information with no warranties of any kind.  The property is sold as-is, where-is with no warranties expressed or implied.

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.