Bank Owned:Online Event
For Sale

1509 NORTH 5TH ST

Niles, Michigan 49120

Property Details

(1509 NORTH 5TH ST Niles Michigan, 49120)

Foreclosure deed has been recorded enabling a faster sale and close. Seller pays outstanding taxes‚ HOA/COA assessments and liens (refer to Real Estate Purchase Addendum for details).

Asset Type
Residential
Property Type
SFR
Bedrooms
3
Bathrooms
1.5
Year Built
1930
Square Footage
1,200
Occupancy Status
Vacant
Lot Size (Acres)
0.98
Event Item #
O1185-14614
Property ID
2429384
Buyer's Premium
$0. No Buyer’s Premium.
Broker Co-Op
Not Offered
Financing Information
Conventional Financing Not Available

Transaction Details

 

  • Buyer will not be charged a Buyer's Premium for this property.
  • If you are the Winning Bidder, an Earnest Money Deposit of 5% of the total purchase price or $2,500 (whichever is greater) is required.
  • Buyer may receive a Special Warranty Deed or equivalent if Buyer is able to purchase title insurance without delaying the closing (title fees typically cost between $500 and $1500 and are based on the purchase price of the property). If buyer does not purchase title insurance, buyer will receive a Quitclaim Deed or equivalent, with no express or implied warranties of title.
  • Buyer is responsible for all escrow fees typically ranging from $850 to $1,375.
  • While this 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.
  • This property is being offered exclusively through Auction.com before it will be available to the broader market.  Please be aware that in rare instances, issues arise that may require the seller to cancel the transaction due to this early availability. 
  • 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 1509 NORTH 5TH ST Niles Michigan, 49120
Auctioneer Licensing Information

Auction.com, Inc. Arlene Richardson RE Brkr Lic No. 6505404616

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