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Douglas, AZ - 0.32 Acres of Land, $1 No Reserve! ADJOINING LOT AVAILABLE

Seller Name: CIDLLC
Rating:   (4)
Location: E Durango Ave
Douglas, AZ 85607
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Asset Information

Item Specifics - Land Properties
Land Properties
Address E Durango Ave
Douglas, AZ 85607
County COCHISE
Parcel Number 40779313
Lot Size 0.32 Acres
Asset Due Diligence Browser
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Additional Terms of Service

All property is sold as is, where is, with no warranties expressed or implied. It is the duty of prospective buyers to research properties to their satisfaction prior to bidding, and a bid shall constitute a binding contract, in which the buyer is agreeing to abide by the Terms of the Auction. COMMUNITY INVESTMENT & DEVELOPMENT LLC (“Seller”) is a Third Party Beneficiary to the Bid4Assets Terms of Service (pursuant to paragraph 3.3(f), as amended from time to time), and your bidding on this auction is your further agreement: (i) that the auction is governed by and construed in accordance with the laws specified in the Bid4Assets Terms of Service (Section 5.10, as amended from time to time), that you will submit to that jurisdiction, and that jurisdiction is the only place a legal action may take place; (ii) that Seller may take any legal action to enforce the contract between the Bidder and Seller; (iii) that you, the Bidder, will be responsible for all costs and expenses, (including legal expenses and court costs) in enforcing the agreement; and (iv) that notwithstanding any limitations of liability between the Bidder and Bid4Assets, you agree to these Additional Terms of Service.

Settlement Requirements

This is a cash sale, you are bidding on the full purchase price. Buyer to pay a buyer's premium of 10% with $100 minimum and closing costs of $500, which includes deed preparation, recording fees, and transfer taxes. Seller will handle the entire deed recording process and will convey property via Special Warranty Deed with as-is title, subject to any liens (should any exist) and property taxes after 2019. Seller received a Deed For Land Held By The State of Arizona Under Tax Deed, from Cochise County, and all taxes have been paid through 2019. The Seller’s obligation to handle the entire deed recording process is dependent on Buyer signing and returning the completed documents to the Seller within ninety (90) days after Seller provides them to the Buyer. In the event the completed documents are not returned as provided above, the property may be resold, and any deposit may be retained by the Seller as liquidated damages. Full payment is due within 4 calendar days of the auction's close.

Buyer Premium Information

This auction requires that the winning bidder pay a Buyer's Premium of 10.00% 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.

Payment Type
  • Certified/Cashier's Check
  • Wire Transfer
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.