Philadelphia County, PA Sheriff Sale: 7007 N BROAD ST, 19126-1714

Seller Name:	PhilaForeclosures
Rating:	Not Applicable
Location:	7007 N BROAD ST, Philadelphia, PA 19126

Final Bid:	$75,000
Number of Bids:	21
It is the floor at which bidding begins. Our system cannot accept a bid lower than the minimum bid amount. Minimum Bid:	$10,900
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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:	Not Met!
Status:	Sold to Plaintiff
Auction Started:	07-12-22 10:00 AM ET
Auction Closed:	07-12-22 01:50 PM ET
Bid Increment:	$1,000
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:	$5,035 — 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:	438

View Other Foreclosures

Asset Information

Deposit Requirement

A single $5,035.00 deposit (includes a $35 nonrefundable processing fee) is required to participate in the 07-12-2022 Philadelphia County Sheriff sale.
Deposits must be received by Bid4Assets no later than 4:00PM ET (1:00 PT) Tuesday, July 5th
Click here to place your deposit.

Disclaimers

Philadelphia County Sheriff's Office retains the right to reject any and all bids for any reason.
Philadelphia County Sheriff's Office may withdraw this property from the auction at any time before or during the sale.
Philadelphia County Sheriff'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 Item Specifics
Parcel Information
OPA	611210900
Address	7007 N BROAD ST, Philadelphia, PA 19126

Other Properties Item Specifics
Other Properties
County	Philadelphia
Attorney	MCCABE, WEISBERG & CONWAY, LLC
Plaintiff	WELLS FARGO BANK, NATIONAL ASSOCIATION SUCCESSOR BY MERGER TO WELLS FARGO BANK MINNESOTA, AS TRUSTEE FOR DELTA FUNDING CORPORATION, HOME EQUITY LOAN ASSET-BACKED CERTIFICATES, SERIES 2000-4
Book/Writ	2112-346
Address	7007 N BROAD ST, 19126-1714
Sale Type	Mortgage Foreclosure

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

Purchaser shall pay the balance of 10% of the purchase price plus a 1.5% buyer’s premium (on the total purchase price) by 5:00 PM ET on the first (1st) business day following the Auction. Purchaser shall have 15 calendar days from the auction date to pay the remaining balance. Payments shall be made to Bid4Assets. No exceptions will be made. If the payment policy is not adhered to the winning bidder will forfeit their deposit to the Philadelphia County Sheriff’s Office and may be banned from future sales. A $35 per-parcel-won administrative fee will be added to the final sale price.

Please view Terms of Sale for more information.

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.