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Whitewater, CA - 2.5 acres of Land in Riverside County

Seller Name: Adad LLC
Rating: Not yet rated
Location: San Gorgonio community ACREAGE On Fwy 10 close to Hwy 111 exit
Whitewater, CA 92282
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This is a NO RESERVE auction

Asset Information

Item Specifics - Land Properties
Land Properties
Address San Gorgonio community ACREAGE On Fwy 10 close to Hwy 111 exit
Whitewater, CA 92282
County Riverside
Parcel Number 516060030
Lot Size 2.5 acres
Asset Due Diligence Browser
Additional Terms of Service

The Seller acquired these assets via tax deed. The Seller has not entered into any action to quiet or confirm title. The Seller offers these assets for sale in "AS IS" CONDITION AT THE TIME OF SALE OR CLOSING, INCLUDING ANY HIDDEN DEFECTS OF ANY NATURE, KNOWN OR UNKNOWN, with no representations, warranties or guarantees whatsoever, express or implied, regarding their nature, value, source, authenticity, fitness, merchantability, and/or any other aspect or characteristic of these assets. No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding these assets. All sales are with the understanding that the buyer cannot rely on any other representation, warranty or guaranty made by anyone.
All information derived from third party sources, including but not limited to appraisals, is deemed reliable but not guaranteed.
All buyers are deemed to have relied entirely on their own information, judgments and inspections of the assets in making the decision to purchase the asset.

Settlement Requirements

Buyer to pay a buyer's premium of 10% with $500 minimum and a closing fee of $500 plus recording fees and transfer taxes. Escrow and Deed preparation and recording to be handled by Standard Title Agency & RDS Group, LLC, who will be emailing buyer within 24 hours of auction's close. Buyer has 4 business days from auction's close to fully fund escrow for balance due or else may be declared in default. Property was acquired as a tax foreclosure and is clear of mortgage liens. Buyer will receive a Warranty or Grant Deed (depending on the state), free of any mortgage liens. Some properties may have HOA/POA dues or other miscellaneous county liens due, which would be the buyer’s responsibility. Please do your due diligence BEFORE you bid.

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
Private Settlement Agent Terms

Escrow and deed preparation and recording to be handled by Standard Title Agency & RDS Group, LLC, who will be emailing buyer within 24 hours of auction's close. Buyer to pay a closing fee of $500 plus recording fees and transfer taxes. Buyer has 4 business days from auction's close to fully fund escrow for balance due or else may be declared in default.

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.