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Lot #53 Saddle Creek Estates , Lenoir, NC 28633

Seller Name: Bank Owned M&A
Rating: Not Applicable
Location: Lenoir, NC 28633
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This is a NO RESERVE auction

Asset Information

Item Specifics - Parcel Information
Parcel Information
Address NC
Asset Due Diligence Browser
Bidding Requirements

To bid on this auction, all bidders are required to become qualified by placing a deposit. The deposit of the winning bidder is automatically transferred to the seller at the end of the auction. If the winning bidder fails to perform on any auction, the entire BidDeposit will be forfeited to the seller. Non-winning bidder deposit refunds are mailed within ten (10) business days after the close of the auction. This deposit cannot be applied to other auctions. To find out more about the BidDeposit requirement, click here.

Additional Terms of Service

  • Winning bid price is subject to approval by the bank.
  • An administrative fee of $395.00 will be paid by the winning bidder in addition to their bid amount.
  • Buyer Premium Information

    This auction requires that the winning bidder pay a Buyer's Premium of 4.00% 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.

    Payment Type
    • Settlement Agent
    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 satisfactory inspection of the property
    • Completion of a title search
    • Investigating back property taxes and
    • 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.

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