Real Estate > Residential > Townhomes > # 436246

1947 W. North Ave., Baltimore, MD 21217

Seller Name:	ForelseEnt
Rating:	Not yet rated
Location:	1947 W. North Ave. Baltimore, MD 21217 United States

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:	$1,000
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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:	Closed
Auction Started:	01-29-10 05:29 PM ET
Auction Closed:	02-10-10 03:00 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:	Private Auction
Deposit Required:	$0
Page Views:	234

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Asset Information

Item Specifics - Residential Properties

Residential Properties
Address	1947 W. North Ave. Baltimore, MD 21217 United States

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Asset Description

Additional Terms of Service

This property is sold in as-is condition with no warranty express or implied. Time is of the essence and settlement shall take place within 45 days of end of sale with a successful bidder.

Title to the property shall be delivered to purchaser in good and marketable title, free of all liens and encumbrances. Ground Rent, Water, and all other public or government charges will be adjusted as of the date of settlement. In the event that seller is not able to obtain Tax Sale Deed the contract will automatically renew immediately following expiration of original contract and extend for (15) fifteen days from the date the Tax Sale Deed is received in the Seller's office.

Purchaser shall receive possession of the property as of date of settlement. In the event that the property is partially or fully destroyed, at no fault of the purchaser, prior to settlement then the contract will be deemed null and void.

Seller will hold insurance on the property until date of settlement. In the event that seller is not able to convey good marketable title, purchaser's sole remedy is the return of their deposit.

Settlement Requirements

Buyer is responsible for all title fees and a $295 admin fee. $1,000 deposit due within 24 hours.

Payment Type

Certified/Cashier's Check
Wire Transfer
Money Order

PLEASE READ CAREFULLY- Bid4Assets Real Estate Buyer Responsibilities

Some sellers buy large "pools" of under-valued properties from banks. The seller may not inspect every property prior to sale. The seller represents these properties to the best of their knowledge. In some rare cases, property may have severe damage or be subject to county/city orders not described in the auction. It is highly recommended that interested bidders arrange for an external inspection personally or through a designate and that they contact the county or city in which the property is located to confirm the status of the property.

Bid4Assets reminds all potential real estate bidders that it is your responsibility to complete all due diligence needed to determine the condition, market value, or investment value of this asset prior to placing a bid. Necessary due diligence items may include, but are not limited to,

A satisfactory inspection of the property
Completion of a title search
Investigating back property taxes and
Other - liens and encumbrances such as unpaid utility bills.

By placing a bid, you acknowledge that any statements made by the seller about the condition or market value of the property are subjective, and do not release you from your responsibility to perform due diligence. Please contact Bid4Assets if you believe that a seller is intentionally misrepresenting a property in their auction.