Bank Owned:Online Event
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1501 WEST POLK AVE

LOVINGTON, New Mexico 88260

Property Details

(1501 WEST POLK AVE LOVINGTON New Mexico, 88260)

NOTE: Property may require repairs at the Buyers expense. 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
1967
Square Footage
1,423
Occupancy Status
Vacant
Lot Size (Acres)
0.17
Event Item #
O1175-30511
Property ID
2532762
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

 

  • Pre-Sale Specifications: Investor Buyer offers will NOT be entertained during the pre-sale period, ALL offers must be placed by Owner Occupant buyers
  • 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 vacant, 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 1501 WEST POLK AVE LOVINGTON New Mexico, 88260
Auctioneer Licensing Information

Auction.com Real Estate Broker:Vibhav Kapila License No. 19237 Auction.com, Inc 07791 (800) 499-6199

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