AUCTION ID #: 428077 Bookmark and Share
DETROIT, MI - 2BR/1BA available with garage!!!
Item 428077  
Final Bid: USD $0
Number of Bids: 0
Your Bid Status: Login to view status
Reserve: Not Met
Status: Closed
Auction Started: 11-02-09    01:15 PM ET
Auction Closed: 11-09-09    04:30 PM ET
Asset Details
Seller Information
   
Seller Name: econohomes
Rating: Seller Rating - 5 (43)
Location: 18245 Justine St
Detroit, MI    48234
View Seller's other items
 
 
Bid Increment: $500
Shipping Cost: SEE DESCRIPTION BELOW
Minimum Bid: $6,000
Auction Type: Regular Auction
Source: Private Auction
Deposit Required: $0
Overtime Period: 5 min
Buyer's Premium: 10.0%
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Item Specifics
 
Residential Properties  
  Address 18245 Justine St
Detroit, MI 48234
United States
  County Wayne
  Number Of Bedrooms 2.00
  Number Of Bathrooms 1.00

Asset Description

 

Econohomes, LLC

 

5 Star Rated Seller – Bid with Confidence!!!!

 

2 Bed / 1  Bath

Ask about our short term Investor financing

 

18425 Justine St, Detroit, MI

 

Contact Wayne County to verify information

 

Parcel Number 13018984

 

Storefront

 

 

Visit the Econohomes Storefront to view all of our incredible investment opportunities. Absolute Auctions and Low Minimum Bids with NO RESERVE on properties across the country. New Auctions added daily!

 

 

Here is what our Assessor had to say:

 

 

Exterior:
Single story home with aluminum siding and awnings, siding and awnings are in fair condition. Nice front and back yard with a chain link fence around the entire property. The home has an asphalt-shingled roof that has no signs of leaking, there is some moisture damage due to the age of the windows, and windows open with a crank system. The foundation is cinderblock and has no signs of shifting and or gaps. There is a large two-car garage behind the home, garage is in good condition and houses a toilet and a sink form the interior bath.
Interior:
Living room is large and has hard wood floors; this room also has nice picture windows, as mentioned most of the windows in this home have suffered from moisture or leaks. The hardwood floors may need some repair in a few areas as well. The kitchen has linoleum floors and includes the sink, countertops and cabinets, all in working order. The master bedroom has moisture and water marks by the windows, again windows will need replacement and repair. The room has hard wood floors and some buckling is present. The second bedroom has hardwood floors and a nice sized closet. The bathroom has ceramic floors and includes the toilet and tub, sink is in the garage. No mechanics were found inside the home, no Hot Water Heater, no Furnace.

 

 

Property Specifics

 

 

Property Address

18425 Justine St

 

 

Square Footage

 

 

 

No. of Bedrooms

2

 

 

No. of Bathrooms

1

 

 

Acreage

 

 

 

Legal Description

 

 

 

Tax ID No.

13018984

 

 

Year Built

 

 

Valuation

 

We ordered 2 proprietary AVM's as of 10/28/09.

 

AVM #1

Unavailable

 

AVM # 2

Unavailable

 

Zestimate

Unavailable

 

***The values calculated using various models and techniques proprietary. This report does not constitute an appraisal and has not been prepared by a certified or licensed appraiser. Values are dependant on the correctness of any data supplied by the user.

 









Disclaimer

All information derived from third party sources, including but not limited to property assessments, appraisals, and title reports is deemed reliable but not guaranteed.

All buyers are deemed to have relied entirely on their own information, judgments and inspections of the property in making the decision to purchase the property.

Settlement: A 10% non-refundable deposit is due within 48 hours, full payment is due within 10 days. A $295 deed processing fee and recording fee will be charged to the buyer. Deeds will be prepared and transferred by the seller to the Register of Deeds for recording within 180 days of receipt of good funds from buyer. Payment may be made by wire transfer, Moneygram, or certified funds.

Buyer is responsible for all liens and encumbrances.

The Seller offers the Property for sale in "AS IS" CONDITION AT THE TIME OF SALE OR CLOSING, INCLUDING ANY HIDDEN DEFECTS OF ANY NATURE, KNOWN OR UNKNOWN, with no representations, warranties or guarantees whatsoever, express or implied, regarding their nature, value, source, authenticity, fitness, merchantability, and/or any other aspect or characteristic of the Property. No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding the Property. All sales are with the understanding that the buyer cannot rely on any other representation, warranty or guaranty made by anyone.

General Refund Policy

Buyer acknowledges and verifies that he/she has carried out the necessary due diligence to purchase, as properties are sold "as is". As such, all sales are final, and refunds will not be granted.


Maps & Area Information

Additional Details
For more information about this asset including photos, specs and more (when available), click here.


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.

Settlement Requirements
  • This auction requires that the winning bidder pay a Buyer's Premium of 10.00% 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.
  • Certified/Cashier's Check
  • Wire Transfer
  • Money Order
  •