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.

4007 Herron Ave. Cincinnati, Ohio

This is another steal.  The county has this house valued at $56,000 (see Hamilton County Assesor's Site; www.hamiltoncountyauditor.org)

Lots of equity in this house and fantastic area comps.  Built in 1925, this house has 1,176 sq. ft.  It has 5 rooms total and full basement. 

Zillow estimates it at $62,900.  Flip it, rehab and rent or relocate.  Whatever you do, don't pass up a great offer like this one.

Neighborhood-South Cumminsville

Comps

• 1857 Chase Ave., Price $110k, Sold on 2/7/08, Bedrooms 2, baths 1, 1,284 Sq. ft. Built 1915
• 1848 Bruce Ave. Price $84k, Sold on 2/29/08, Bedrooms 3, baths 2, 1,122 Sq ft. Built 1938
• 1730 Hanfield St. Price $87k, Sold on 1/23/08. Bedrooms 2, baths 1, 1,398 Sq. ft Built 1900
• 4126 Fergus St. Price $90k, Sold on 2/27/08, Bedrooms 3, baths 2, 1,335 Sq. ft Built 1870
• 4219 Williamson Place, Price $115k, Sold on 1/24/08, Bedrooms 2, baths 1, 1,591 Sq. ft. Built 1875
• 4256 Williamson Place, Price $103k, Sold on 1/2/08, Bedrooms 2, baths 1, 1,520 Sq. ft. Built 1880
• 1411 Weigold Ave. Price $126k, Sold on 2/19/08, Bedrooms 3, baths 1, 1,406 sq. ft. Built 1926

We have a large mortgage portfolio that we are liquidating. We have many houses all over the country up for absolute auction; see our other properties. This is a great investment in Cincinnati.  We have several other houses for sale in Ohio, start your portfolo today!

All information taken from the Hamilton County Auditor's site and Zillow. Please due all due diligence and contact county for additional information. Any potential bidder should verify the information.

Current County Value

• $56,000

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

Find out about Cincinnati’s Strong Economy:

http://www.cincinnatiusa.org/econ.aspx

Find Out why Cincinnati is Good for Business:

http://www.cincinnatiusa.org/econ_a.aspx?menu_id=198&id=6896

Cincinnati is Home to Major Industries and Commercial Activity:

http://www.answers.com/topic/cincinnati-economy

Cincinnati No. Three on Forbes Most Affordable Places to Live Well:

http://money.aol.com/forbes/realestate/most-affordable-places-to-live-well

Wikipedia Entry for Cinci:

http://en.wikipedia.org/wiki/Cincinnati,_Ohio

 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.