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AUCTION ID #: 454605 Bookmark and Share
All Brick Large Duplex in Detroit, MI - NO RESERVE!
Item 454605  
Winning Bid: USD $995
Number of Bids: 1
Winner: kwiksale
Reserve: No Reserve!
Status: Sold
Auction Started: 07-26-10    04:09 PM ET
Auction Closed: 08-02-10    04:09 PM ET
Asset Details
Seller Information
Seller Name: villaassets
Rating: Seller Rating - 5 (1)
Location: 3993-3995 Beniteau
Detroit, MI    48214
View Seller's other items
 
 
Bid Increment: $100
Shipping Cost: SEE DESCRIPTION BELOW
Minimum Bid: $995
Auction Type: Regular Auction
Source: Private Auction
Deposit Required: $0
Overtime Period: 5 min
Buyer's Premium: 10.0%
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Asset was Sold
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Item Specifics
 
Residential Properties  
  Address 3993-3995 Beniteau
Detroit, MI 48214
United States
  County Wayne
  Number Of Bedrooms 6.00
  Number Of Bathrooms 2.00
  Living Space 2,468.0
  Year Built 1922
  HOA Fee $0.00 monthly
  Annual Taxes $1386.00
  Property Condition Fair
  Water Public
  Sewer Public
  Display Maps Yes

Asset Description

All brick  2 unit building Great opportunity for 1st time buyers and investors!
 
 PLEASE READ ENTIRE AD BEFORE BIDDING
 
Terms of Sale - The winning bidder will be required to send NON-REFUNDABLE deposit of $250.00 through certified check with in 48 hrs. Once the deposit amount is received we will send a purchase agreement for you to review and sign. You will return the signed purchase agreement along with the balance amount of purchase price + $295 Deed preparation fee + 10% buyer's premium.  Final payment is due within 3 business days. There is a $295 deed preparation fee associated with this auction. Title to be conveyed by quit claim deed and delivered no more than 10 business days after funds are received. Buyer is responsible for any outstanding taxes or liens.
 
 Municipality  Parcel ID  Property Type
 01 - DETROIT  21043411.  REAL
 Property Address   
  3993 BENITEAU, DETROIT 48214
 Taxpayer(s)
 DEUTSCHE BANK NATIONAL
 Tax Year Tax    Interest 
& Fees 
Amt. Due       Status
 2009
  $1,386.96 
$124.83  $1,511.79       DELINQUENTDELINQUENT
 TOTAL TAX AMOUNT DUE
 if paid on or before 7/31/2010
$1,511.79   
 
This property is  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, expressed or implied, regarding their nature, value, source, authenticity, fitness, merchantability, and/or any other aspect or characteristic of these assets. No statement anywhere, whether expressed or implied, shall be deemed a warranty or representation by the Seller regarding the asset. All sales are with the understanding that the buyer cannot rely on any other representation, warranty or guaranty made by anyone. All buyers are deemed to have relied entirely on their own information, judgements and inspections of the assets in making the decision to purchase the asset.
 
This is a CASH sale of the full purchase price of this home.  Buyer agrees to accept this property in its current condition.  Any potential purchaser should do his or her own due diligence PRIOR to bidding.  
SERIOUS BIDDERS ONLY. DO NOT BID IF YOU DO NOT HAVE SUFFICIENT FUNDS TO COMPLETE THE SALE
 
 
 
 
 BID AMOUNT + $295.00 (Transaction fee) +10% (buyer's premium) = TOTAL DUE
 
IF NO PAYMENT IS RECEIVED WITHIN 48 HRS , BIDDER WILL BE CONSIDERED A NPB (Non-paying bidder) AND WILL BE REPORTED TOBID4ASSETS.  PAYMENT MUST BE RECIEVED WITHIN 48 HOURS AFTER CLOSE OF THE AUCTION.


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
  •