Up for auction are a bundle of five homes in Flint, Michigan. All homes will require rehab.

1095 East Humphrey Avenue, Flint, MI, 48505. This one-story, yellow siding home features 3 bedrooms, 1 bath, and a detached one-car garage with a workshop area inside. A remodel was started but never finished. Inside home needs a lot of work. At time of inspection, basement had about 4-feet of water. Will need new furnace and water heater. The lot size is 125’ x 131’. This home will require rehab. The current listings range from $6,500 to $15,000 according to Realtor.com. Average Listing Price: $30,772. Median Listing Price: $14,300 according to Realtor.com. The buyer assumes all taxes and liens. The current estimated back taxes are approximately $3,500. If these taxes are not paid by 2/28/2010 property will be subject to foreclosure by the county. The buyer is responsible for verifying all taxes/liens by calling County Assessor’s Office (Genesee County) with tax ID#11-19-501-103 prior to bidding. We encourage all bidders to do their due diligence. Our terms apply (See VIP Terms and Conditions).

415 East Bishop Ave., Flint, MI, 48505. One and one-half story home with aluminum siding, attached garage, living area, kitchen, dining area, den, 1 bedroom and 1 bath down. Two loft bedrooms are upstairs. Needs work on walls and new plumbing. No furnace or water heater in basement. No back door. Lot size is 4,770 sq.ft. This home will require rehab. The current listings range from $900 to $32,500 according to Realtor.com. Average Listing Price: $29,370. Median Listing Price: $12,925 according to Realtor.com. The buyer assumes all taxes and liens. The current estimated back taxes are approximately $3,000. The buyer is responsible for verifying all taxes/liens by calling County Assessor’s Office (Genesee County) with tax ID# 46-36-230-051 prior to bidding. We encourage all bidders to do their due diligence. Our terms apply (See VIP Terms and Conditions).

602 White Street, Flint, MI, 48505.This single- family, one-story home features a one-car, detached garage. Home has furnace, water heater and carpeted flooring. Close proximity to schools, parks and shopping. This home will require rehab.The current listings range from $4,000 to $55,750 according to Realtor.com. Average Listing Price: $29,370. Median Listing Price: $12,925 according to Realtor.com. The buyer assumes all taxes and liens. The current estimated back taxes are approximately $900. The buyer is responsible for verifying all taxes/liens by calling County Assessor’s Office (Genesee County) with tax ID# 10-01-303-009-4 prior to bidding. We encourage all bidders to do their due diligence. Our terms apply (See VIP Terms and Conditions).

221 West Holbrook Ave, Flint, MI, 48505. This one-story home features 3 bedrooms, 1 bath and a storage shed in back. Needs repairs to walls and floor covering in living room/dining room. Has a dry basement with water heater and furnace. This home will require rehab.The current listings range from $300 to $29,000 according to Realtor.com. Average Listing Price: $29,370. Median Listing Price: $12,925 according to Realtor.com. The buyer assumes all taxes and liens. The current estimated back taxes are approximately $5,000. The buyer is responsible for verifying all taxes/liens by calling County Assessor’s Office (Genesee County) with tax ID#4625132007 prior to bidding. We encourage all bidders to do their due diligence. Our terms apply (See VIP Terms and Conditions).

1505 Mabel, Flint, MI, 48506. One-story, white siding single family home featuring approximately 1,200 sq. ft. of living space. It features 3 bedrooms with closets, 2 baths, a living area, dining area, furnace, water heater, ceiling fans and a one car garage that needs work. Close to schools! This home will require rehab.The current listings range from $2,000 to $58,000 according to Realtor.com. Average Listing Price: $45,633. Median Listing Price: $29.900 according to Realtor.com. The buyer assumes all taxes and liens. The current estimated back taxes are approximately $2,100. The buyer is responsible for verifying all taxes/liens by calling County Assessor’s Office (Genesee County) with tax ID# 41-05-308-017 prior to bidding. We encourage all bidders to do their due diligence. Our terms apply (See VIP Terms and Conditions).

Stewardship Fund, LP is a real estate based company that’s been in business since 2002 and is one of the largest purchaser of REO properties in the U.S. We retail them in the most valuable manner dictated by the needs of the customer. We continue to make investments in our Website, Marketing, Products, and People so that we can provide properties of value and an upside to our customers. We have 11 people in our office to serve you with five dedicated Salespeople to answer any of your questions regarding our properties.

VIP Terms and Conditions:

You are bidding on the Full Purchase Price. This is a CASH SALE. There will be NO OWNER FINANCE. $1,000 earnest deposit is due within 24 hours after the auction ends by certified check or bank transfer. No personal checks will be accepted. The balance of the winning bid plus $150 to record the deed needs to be paid in full no later than 10 days after the auction. Please have your financial arrangements in place. Upon receiving the total amount of verifiable funds, seller will record a special warranty deed transferring the property to the purchaser, and mail a copy to the purchaser via certified mail. If buyer wants to go through a Title Company, the buyer is responsible for the closing fees. Seller reserves the right to end the auction at any time.

***SOLD “AS-IS” “WHERE-IS” with no guarantees or warranties expressed or implied!*** Bidders are required to personally inspect this property and confirm the information that is listed. Please e-mail me with questions about this auction. Bidders enter the premises at their own risk, and seller shall not be liable for any injuries or damage suffered or incurred to any bidder’s person or personal property, as a result of such entry. We have a Lead Based Paint Rider that accompanies our Contract for Sale. The Buyer is required to complete all inspections for lead based paint during the time period of the auction. Included in the Lead Based Paint Rider is the Contract of Sale Contingency, Lead Warning Statement, Lead Hazard Information Pamphlet provided by www.epa.gov/lead/leadpdge.pdf. The rider also provides access to the EPA Website at www.epa.gov/lead. We will provide a Seller’s Disclosure during the registration at the end of the auction that states: The Seller has no actual knowledge of the presence of lead-based paint and/or lead-based paint hazards at the property. The Seller has no records or reports pertaining to lead-based paint and/or lead-based paint hazard risk assessment or inspection. It is the buyer’s responsibility to conduct an inspection for lead based paint or waives the opportunity to conduct an inspection. The auction time frame is the mutually agreed upon time to conduct an inspection for lead based paint between the buyer and the seller. The buyers initials are required in the LEAD BASED PAINT RIDER accompanying the Contract for Sale regarding lead based paint disclosure. If you would like access to the property for inspection, please contact us and we will provide a key via the lock box code.