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| Residential Properties | |
|---|---|
| Address | 5127 S Winchester Ave Chicago, IL 60609 United States |
| Number Of Bedrooms | 4.00 |
| Number Of Bathrooms | 2.00 |
***only bid on this property if you are truly interested in purchasing the property for your bid amount, and only if you are prepared to send the 20% deposit within 48 hours.
This property is a “fixer” and the Seller offers this real estate 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 this
property. No statement anywhere, whether express or implied, shall be
deemed a warranty or representation by the Seller regarding this
property. All sales are with the understanding that the buyer cannot
rely on any other representation, warranty or guaranty made by anyone.
All information derived from third party sources, including but not
limited to appraisals, are deemed reliable but not guaranteed.
All buyers are deemed to have relied entirely on their own information, judgments and inspections of the assets in making the decision to purchase the asset. We recommend visiting the property before purchasing.
You are bidding on the full purchase price. A 20% non-refundable deposit
is due within 48 hours. There will be a $500.00 processing fee added to
purchase price. Upon receipt of the deposit, a contract signed by the
seller will be sent to you to sign and send back to seller. The balance
of payment (80% of winning bid + $500) is due within 7 days of close of
auction. Upon receipt of full payment, the deed will be sent to the
County to be recorded into your name and a copy of the deed will be sent
to you. We accept cashier’s check, wire transfer, and money order.
This auction requires that the winning bidder pay a Buyer's Premium of 7.00% 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.
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,
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.
