A Buyer's Premium equal to 5% of the Winning Bid Amount or $1,500 (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) is required.
This property will be conveyed via an Assignment of Interest in Sheriff's Deed and Quit Claim Deed (Michigan) and an Assignment of the Sheriff's Certificate (Minnesota). Buyer's Broker/Agent Commission available. Please contact agent for more information.
Buyers representing self will not be paid a broker co-op commission.
This property is reported to be occupied and buyer is responsible for obtaining possession.
Seller believes the property may be occupied by someone other than the previous mortgagor.
Property is being offer 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 for 5301 BISHOP STREET DETROIT Michigan, 48224
Auctioneer Licensing Information
Auction.com, Inc. Arlene Richardson RE Brkr Lic No. 6505404616