That's right. We're offering this five bedroom one bath house for sale with no minimum and no reserve!! Nice crown molding, hardwood floors, a fireplace, a finished basement, a finished attic and a garage make this a house not to be passed up. Zillow puts the value of this house at $67,000, but you can take a look, bid what you think it's worth and possibly own this house for a fraction of that.
As the disclosure says - do your homework! These are foreclosed houses that we purchase in bulk. We don't do title searches. That means we do not know if there are any liens, judgments or back taxes, and we make no warranty as to the title. Likewise, except for getting someone to take pictures for us, we have never seen this house and therefore don’t know anything about its condition. Please therefore do not send questions asking about the title or the condition of the house. We don’t know. It is therefore very important that you do any title checking, and inspect the house BEFORE BIDDING! Once the bidding closes we will not consider any refunds, adjustments or cancellation of the transaction because of title issues or the condition of the property.
You are bidding on the full purchase price. A payment of ten percent (10%) of the total amount due (purchase price and buyer’s premium) is due within forty-eight (48) hours of the close of the auction. This payment is non-refundable and will constitute liquidated damages in the event the balance is not timely paid. The balance is due within seven days of end of auction.
The Seller offers these assets 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 these assets. No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding these assets. Seller has not performed a title examination and makes no warranty as to the state of the title. Any photographs included have been provided to the Seller by a prior owner or by an independent third party, and while Seller believes the photographs to reasonably depict the property as of the time the pictures were taken, no such warranty is made and buyer is cautioned to inspect the property, or have the property inspected before placing a bid. This is a foreclosed property - conveyance to the successful bidder will be by quitclaim deed.
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. NOTICE: All due diligence, inspections and verification of information must be completed before bidding. Under no circumstances will Seller make any refunds, adjustments or concessions of any kind for matters that could have been ascertained by the buyer prior to buyer bidding on the property. Remember, your bid constitutes a binding and legal contract to purchase the property. After the close of the auction is not the time to decide that you really don’t want the property after all!