Real Estate > Other > All > # 1203210

Philadelphia County, PA Sale: 431 South 55th Street

Due Diligence

Seller Name:	HUDPhillyFC
Rating:	Not Applicable
Location:	431 South 55th Street Philadelphia, PA 19143

Want to be notified when this auction begins accepting bids?

Current BID: $121,146

It is the minimum amount you can bid above the current bid price. A bidder can place a bid amount that is equal to or greater than the bid increment (e.g., through a flat bid using our advanced bidding features), just not less than the bid increment. Bid Increment: $1,000

Once your deposit has posted and you are logged in, you will be able place a bid on this auction.

This is a NO RESERVE auction

Number of Bids:	0
It is the floor at which bidding begins. Our system cannot accept a bid lower than the minimum bid amount. Minimum Bid:	$121,146
Closes In:	25 days
Your Bid Status:	Log in to view status
It is the minimum dollar amount a Seller is willing to accept for an auction. This amount is not disclosed on the Web site, but bidders are notified once the reserve price has been met. Auctions with no reserve price are labeled as "No Reserve" on the auction listing. Reserve:	No Reserve!
Status:	In Preview
Auction Starts:	07-10-25 10:00 AM ET
Auction Closes:	07-10-25 01:00 PM ET
It is an extension of the auction close time and keeps an auction open as long as there is active bidding. It occurs automatically when a bid is placed within the last few minutes of an auction. The auction will remain open until an entire overtime increment has passed without any bidding. The overtime increment is indicated on the auction listing. Overtime Period:	5 minutes
Source:	Government
Deposit Required:	$12,149 — See Instructions
This fee is added to the winning bid amount and covers the costs associated with the auction. The buyer's Premium percentage is indicated on the auction listing and displayed during the bid process. See the Settlement Requirements section of the auction for more details on the Buyer's Premium. Buyer's Premium:	1.5%
Page Views:	327

View Other Foreclosures Add to Watch List

Asset Information

Deposit Requirement

A single $12,149.00 deposit (includes a $35 nonrefundable processing fee) is required to participate in the 07-10-2025 Seller sale.
Deposits must be received by Bid4Assets no later than 4:00PM ET (1:00 PT) Thursday, July 3rd
Click here to place your deposit.

Disclaimers

Seller's Office retains the right to reject any and all bids for any reason.
Seller's Office may withdraw this property from the auction at any time before or during the sale.
Seller's Office reserves the right to cancel the sale of a property at any time prior to the issuance of the deed.

Item Specifics - Parcel Information

Parcel Information
OPA	871255950
Address	431 South 55th Street Philadelphia, PA 19143

Other Properties
County	Philadelphia
Attorney	Stephen Hladik
Debt Amount	$121,145.77
Defendant	Carl Dixon & Cecelia Dixon
Plaintiff	Hladik, Onorato & Federman, LLP / HUD FC Commissioner
Township	Philadelphia
Instrument Number	54422493
Address	431 South 55th Street, Philadelphia PA 19143
Property Description	Parcel 603169500

All Seller-Related Due Diligence — (View Related Auctions)

The due diligence items below apply to all related auctions from this seller.

General Sale Information

Terms of Sale

Asset Description

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.

Settlement Requirements

Bidders must supply a pre-bid deposit in accordance with the deposit requirement stated in a particular auction. If the deposit is less than 10% of the winning bid, purchase must fund the remainder of 10% by 5:00 PM ET on the auction date to Bid4Assets. The remaining balance shall be due within 30 days of auction date. A $35 per-parcel-won administrative fee will be added to the final sale price. No exceptions will be made. If the payment policy is not adhered to, all monies paid by the purchaser shall be forfeited to the HUD Commissioner conducting the sale and the purchaser may be banned from future sales. Please review the conditions of sale for additional terms.

Buyer Premium Information

This auction requires that the winning bidder pay a Buyer's Premium of 1.50% 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.