Philadelphia County, PA Sheriff Sale: 1445 NORTH 62ND STREET

Seller Name:	PhilaForeclosures
Rating:	Not Applicable
Location:	1445 NORTH 62ND STREET PHILADELPHIA, PA 19151

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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. When the Minimum displays "Awaiting Minimum Bid" the minimum bid price has not been finalized. The minimum bid will be finalized before the start of the auction. Minimum Bid:	Awaiting Minimum Bid
Closes In:	98 days
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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:	No Reserve!
Status:	In Preview
Auction Starts:	01-05-27 10:00 AM ET
Auction Closes:	01-05-27 01:40 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:	$5,035 — See Instructions
Page Views:	8

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Asset Information

Deposit Requirement

A single $5,035.00 deposit (includes a $35 nonrefundable processing fee) is required to participate in the 01-05-2027 Philadelphia County Sheriff sale.
Deposits must be received by Bid4Assets no later than 4:00PM ET (1:00 PT) Tuesday, December 29th
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	882969765
Address	1445 NORTH 62ND STREET PHILADELPHIA, PA 19151

Other Properties Item Specifics
Other Properties
County	Philadelphia
Sheriff Number	26019420
Attorney	FEIN, SUCH, KAHN & SHEPARD, P.C.
Debt Amount	$301,381.00
Plaintiff	U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, AS TRUSTEE FOR VELOCITY COMMERCIAL CAPITAL LOAN TRUST2025-4
Book/Writ	2701-303
Address	1445 NORTH 62ND STREET PHILADELPHIA PA 19151
Sale Type	MORTGAGE FORECLOSURE
Property Description	1445 NORTH 62ND STREET PHILADELPHIA PA 19151 Property Data for OPA #882969765 Ward: 34TH Sale Type: MORTGAGE FORECLOSURE Court Case #: 260403657

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

Bidder Instructions

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 total purchase price of all auctions won 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.

Please view the Terms of Sale for more information.