Bank Owned:Online Event
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11600 RAY BASS RD

GORDO, Alabama 35466

Property Details

(11600 RAY BASS RD GORDO Alabama, 35466)

Pre-Sale Specifications: Investor Buyer offers will NOT be entertained during the pre-sale period‚ ALL offers must be placed by Owner Occupant buyers.

Asset Type
Residential
Property Type
SFR
Bedrooms
3
Bathrooms
2
Year Built
1983
Square Footage
1,464
Occupancy Status
Occupied
Lot Size (Acres)
5
Event Item #
O1166-17950
Property ID
2507550
Buyer's Premium
5% of Winning Bid Amount (A minimum of $2,500 will apply)
Broker Co-Op
2.5 % or $1,500 minimum
Financing Information
Conventional Financing Not Available

Transaction Details

 

  • This property is currently occupied. Buyers are purchasing this property with the knowledge that it will be sold as occupied. Buyers must purchase this property as an investor and cannot purchase as an owner occupant due to current occupancy status
  • A buyer's premium of $2,500 or 5% (whichever is greater) will be added to all Winning Bid Amounts to determine the Total Purchase Price.
  • If you are the winning bidder, an Earnest Money Deposit of 5% of the Total Purchase Price or $2,500 (whichever is greater) will be required.
  • Buyer will receive a Special Warranty Deed or Equivalent.
  • Buyer is responsible for all escrow fees typically ranging from $850 - $1,375.
  • While Property is reported to be occupied, buyer is responsible for obtaining possession.
  • Any delinquent HOA/COA assessments shall be paid in accordance with the applicable Purchase Sale Agreement.
  • Property is being offered as is, where is.
  • Employees and family members residing with employees of Wells Fargo Bank, N.A., its affiliates and subsidiaries are strictly prohibited from directly or indirectly purchasing any property managed by Premiere Asset Services. The agent or employees of the agent or agency and family members residing with the agent or employees of the agent or agency are prohibited from directly or indirectly purchasing any property managed by Premiere Asset Services and listed by the agent or agency or any property for which the agent has performed services. For purposes of this paragraph "family member" is defined as a spouse, domestic partner, parents, grandparents, children, grandchildren, brothers and sisters, including in all cases, step-family members.
  • Until the seller's reserve price is met, Auction.com may counter bid on behalf of the seller. Counter bidding gives buyers and sellers more flexibility to find a mutually agreeable price. Counter bids do not occur after the seller's reserve price is met. Learn more about reserve pricing.
  • Description
  • Documents
Description for 11600 RAY BASS RD GORDO Alabama, 35466
Auctioneer Licensing Information

Auction.com, Inc Adrian Strelzow RE Brkr Lic No. 000094404-0. 

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