Wayne County, MI: PIN: 20004257-8

Due Diligence

Seller Name:	Wayne County Treasurer
Rating:	Not Applicable
Location:	9037 W VERNOR Detroit, MI 48209

Asset was sold for $311,500

Number of Bids:	69
This is the final amount the asset was sold for. Winning Bid:	$311,500
Winner:	L***Y
It is the floor at which bidding begins. Our system cannot accept a bid lower than the minimum bid amount. Minimum Bid:	$16,700
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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:	Sold
Auction Started:	09-16-11 11:00 AM ET
Auction Closed:	09-20-11 01:45 PM ET
Bid Increment:	$500
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:	13510

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Asset Information

Item Specifics - Parcel Information

Parcel Information
PIN	20004257-8
Legal Description	S VERNOR HIGHWAY 3 THRU 1 LENTZ SUB L38 P57 PLATS, WCR 20/394 91.50 IRREG
Address	9037 W VERNOR Detroit, MI 48209

All Seller-Related Due Diligence

The due diligence items below apply to all related auctions from this seller.

County Terms Of Sale

List of Auctions by zip - long list (PDF)

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Property List of Auctions - ALL (Excel)

List of Auctions by zip - short list (PDF)

List of Auctions by street - short list (PDF)

Offline Bid Form

Property List of Auctions - ALL (PDF)

List of Auctions by community - short list (PDF)

List of Auctions by street - long list (PDF)

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

Full payment must be received by Wayne County within ONE (1) business days from each auction close. Personal checks, traveler's check and credit card payments will NOT be accepted. If the payment policy is not adhered to, the winning bidder will forfeit their deposit and may be banned from future sales.

Payment Type

Certified/Cashier's Check
Wire Transfer