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Seller Name: | OvationREO |
Rating: | (12) |
Location: |
1028-1030 W Colfax Ave South Bend, IN 46616 United States |
Land Properties | |
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Address | 1028-1030 W Colfax Ave South Bend, IN 46616 United States |
County | ST. JOSEPH |
Parcel Number | 018-1041-1800 |
Lot Size | 9702 sq. ft |
A bid shall constitute a binding contract with the following terms. (1) All property is sold “AS IS” CONDITION AT THE TIME OF SALE OR CLOSING, INCLUDING ANY HIDDEN DEFECTS OF ANY NATURE, KNOWN OR UNKNOWN, where is, with no warranties expressed or implied. (2) No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding the property. (3) All sales are made with the understanding that the buyer cannot rely on any other representation, warranty, or guaranty made by anyone. (4) Buyer is deemed to have relied entirely on their own information, judgments, and inspection of the assets (including the verification of any outstanding back taxes, encumbrances, or liens).
The winning bidder will pay a $375 fee for deed preparation, transfer tax, and recording costs in addition to their winning bid amount. Winning bidder is responsible for all liens, encumbrances, and back taxes. A quitclaim deed will be given at time of settlement. Payment is due in full within 4 calendar days of the close of the auction.
Some sellers buy large "pools" of under-valued properties from banks. The seller may not inspect every property prior to sale. The seller represents these properties to the best of their knowledge. In some rare cases, property may have severe damage or be subject to county/city orders not described in the auction. It is highly recommended that interested bidders arrange for an external inspection personally or through a designate and that they contact the county or city in which the property is located to confirm the status of the property.
Bid4Assets reminds all potential real estate bidders that it is your responsibility to complete all due diligence needed to determine the condition, market value, or investment value of this asset prior to placing a bid. Necessary due diligence items may include, but are not limited to,
By placing a bid, you acknowledge that any statements made by the seller about the condition or market value of the property are subjective, and do not release you from your responsibility to perform due diligence. Please contact Bid4Assets if you believe that a seller is intentionally misrepresenting a property in their auction.