This property is under contract. For status updates, save this asset to your dashboard.
Previously Valued To
$53,000
Auction Ended
04/18/2018
SFR, Occupied
3Beds
1Baths
1049Sq. Feet
Do Not Disturb Occupant
It is a criminal offense to trespass on this property.
Broker Commission is Available
Conventional Financing
Not Available
Buyer's Premium
5% of Winning Bid Amount (A minimum of $2,500 will apply)
Property Details
(17710 GRANDVILLE AVENUE DETROIT Michigan, 48219)
Asset Type
Residential
Property Type
SFR
Bedrooms
3
Bathrooms
1
Year Built
1951
Square Footage
1,049
Occupancy Status
Occupied
Lot Size (Acres)
0.13
Event Item #
O1183L-53223
Property ID
2566844
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
Open House Information
There is no open house scheduled for this property.Contact the agent for more information.
Transaction Details
The seller took ownership of this property at a recent foreclosure auction. The seller has established a reserve price based on the value of the property less its expected costs to market and sell the property, representing a tremendous opportunity for investors to purchase properties at a discount and create equity.
This property will be conveyed via an Assignment of Interest in Sheriff's Deed or Quit Claim Deed (Michigan) or an Assignment of the Sheriff's Certificate (Minnesota).
A Buyer's Premium equal to 5% of the Winning Bid Amount or $2,500 (whichever is greater) will be added to all Winning Bid Amounts to determine the Total Purchase Price, unless otherwise set forth on the Purchase Documents.
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.
No title insurance offered at closing.
This property is reported to be occupied and buyer is responsible for obtaining possession.
Property is being offered as is, where is.
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 17710 GRANDVILLE AVENUE DETROIT Michigan, 48219
Auctioneer Licensing Information
Auction.com, Inc. Arlene Richardson RE Brkr Lic No. 6505404616
Under Contract
This property is under contract. For status updates, save this asset to your dashboard.
Previously Valued To
$53,000
Auction Ended
04/18/2018
Do Not Disturb Occupant
It is a criminal offense to trespass on this property.
Broker Commission is Available
Conventional Financing
Not Available
Buyer's Premium
5% of Winning Bid Amount (A minimum of $2,500 will apply)
Open House Information
There is no open house scheduled for this property.Contact the agent for more information.