BANK INFO TO US... GREAT RENTAL AREA.

PARCEL NUMBER...91-30-1-8000-0000.

JUST AS WASSOLD TO US FROM THE BANK SO WE ARE SELLING TO YOU. WE HAVE NEVER BEEN TO THIS PROPERTY.THEREFORE ALL INFORMATION IS FROM THE DOCUMENTS RECIEVED FROM THE BANK.

LEGAL DESCRIPTION....LOT 14 SMITH AND PARSONS ADDITION TO THE CITY OF SAGINAW,MICHIGAN.

LOCATION... CONSISTS OF MICHIGAN EAST , BOND WEST, WEISS NORTH AND GENESEE SOUTH..

GENERALIZED CONTAINS A MIXED OF AGE, SIZE, STYLE, AND VALUED SINGLE FAMILY STRUCTURES, SOME CONVERTED TO MULTI FAMILY, SOME ORIGINAL DUPLEX ETC. ALONG MICHIGAN MIXED OTHER USES.

ZONING...R-2 OR EQUIVALENT . SINGLE FAMILY AN AUTHORIZED USE.

THIS PROPERTY IS A 2 STORY STRUCTURE POSSESSING TWO APARTMENTS BUILT AS A SINGLE FAMILY , CONVERTED TO A 2 UNIT. THE BUILDING IS APPROXIMATELY 1510 SQUARE FEET ON A 6900 SQUARE FOOT SITE.THE HOUSE HAS NEWER ROOF AND EXTERIOR NEEDS PAINT. THE INTERIOR NEEDS REHAB.

TERMS OF SALE...

PLEASE DO NOT BID IF YOU DO NOT HAVE ALL YOUR FUNDS READY TO COMPLETE THE SALE. THIS IS A BINDING AUCTION. DO ALL YOUR DUE DELIGIENCE BEFORE BIDDING.

THE INFORMATION CONTAINED IS INTENTED TO PROVIDE BIDDERS WITH PRELIMINARYINFORMATION ONLY. THIS PROPERTY IS SOLD 'WHERE IS'AS IS'CONDITION WITHOUT ANY WARRENTEE OR GUARANTEE, EXPRESSED OR IMPLIED AS TO THE LOCATION, QUALITY,KIND, CHARACTER, SIZE DESCRIPTION OR FITNESS FOR ANY USE OR PURPOSE , NOW OR HEREAFTER.IT WILL BE CONVEYED WITH QUICK CLAIM DEED.BUYER IS RESPONSIBLE FOR LEINS AND CUMBRANCES.

SETTLEMENT... IF YOU ARE THE WINNING BIDDER , YOU ARE REQUIRED TO MAKE A NON REFUNDABLE DEPOSIT OF $1500 DOWN PAYMENT FROM THE WINNING BID AMOUNT WITHIN 24 HOURS CLOSE OF AUCTION VIA FDX/UPS EXPRESS MAIL.THERE WILL BE A $2500 DEED PREPARING AND RECORDING FEES + 10% BID4ASSETS FEES ADDED TO THE WINNING BID AMOUNT.ONCE WE RECIEVE YOUR DOWN PAYMENT WE WILLOVERNIGHT YOU A CONTRACT FOR YOUR REVIEW AND SIGNATURE.YOU ARE REQUIRED TO RETURN THE SIGNED CONTRACT WITH BALANCE DUE VIA FDX/ UPS OVERNIGHT MAIL. ALLOW 4-6 WEEKS FOR YOUR ORIGINAL RECORDED DEED TO ARRIVE FROM THE REGISTERAR OF DEEDS.

Bid4Assets Real Estate Buyer Responsibilities

Bid4Assets reminds all potential bidders on real estate 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, and b) the satisfactory completion of a title search.

By placing a bid, you acknowledge that any statements made by the seller pertaining to the condition or market value of the property are subjective, and do not release you from your responsibility to perform a due diligence review.