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| Seller Name: | Maddassets |
| Rating: | Not yet rated |
| Location: |
0 OAKMONT DR. Lake Wales, FL 33898 |
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| Land Properties | |
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| Address | 0 OAKMONT DR. Lake Wales, FL 33898 |
| County | POLK |
| Parcel Number | 31-31-22-996000-060110 |
| Lot Size | 0.17 Acres |
The Property Deed was acquired by a tax certificate, clear of defects to the best of the seller’s knowledge. The sale does not include title insurance. A suit to quiet title action and additional title insurance may be acquired at buyers’ expense after the transfer of title is completed. Seller agrees to provide a Special Warranty Deed and guarantee the title will remain free of any claims and/or defects for (4) years from the date of closing. (Pursuant to Florida Statute 197.552).
The Seller offers these assets for sale in "AS IS" CONDITION AT THE TIME OF SALE OR CLOSING, INCLUDING ANY HIDDEN DEFECTS OF ANY NATURE, KNOWN OR UNKNOWN, with no representations, warranties or guarantees whatsoever, express or implied, regarding their nature, value, source, authenticity, fitness, merchantability, and/or any other aspect or characteristic of these assets. No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding these assets. All sales are with the understanding that the buyer cannot rely on any other representation, warranty or guaranty made by anyone.
All information derived from third party sources, including but not limited to appraisals, is deemed reliable but not guaranteed.
All buyers are deemed to have relied entirely on their own information, judgments and inspections of the assets in making the decision to purchase the asset.
Buyer to pay a 10% buyer's premium with $500 minimum and a closing fee of $500, plus recording fees and transfer taxes. Buyer has 4 business days from auction's close to fully fund escrow for balance due or else may be declared in default. Escrow and Special Warranty Deed preparation and recording to be handled by Standard Title Agency & RDS Group, LLC, who will be emailing buyer within 24 hours of auction's close. Please do your due diligence BEFORE you bid.
This auction requires that the winning bidder pay a Buyer's Premium of 10.00% of the winning bid amount. (The Buyer's Premium covers the costs associated with the auction).
This amount will be added to the winning bid and will be included in the total purchase price paid by the Buyer to the Seller.
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.
