Real Estate > Residential > Land > # 762838

Winslow Township, NJ - Large 9 Acre Parcel, Good Area, $1 NR!

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Seller Name:	EmpirefundsREO
Rating:	(19)
Location:	110 North Route 73 Winslow Township, NJ 08009

Final Bid:	$18,100
Number of Bids:	71
It is the floor at which bidding begins. Our system cannot accept a bid lower than the minimum bid amount. Minimum Bid:	$1
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It is the minimum dollar amount a Seller is willing to accept for an auction. This amount is not disclosed on the Web site, but bidders are notified once the reserve price has been met. Auctions with no reserve price are labeled as "No Reserve" on the auction listing. Reserve:	No Reserve!
Status:	Closed
Auction Started:	08-23-17 03:00 PM ET
Auction Closed:	09-14-17 03:03 PM ET
Bid Increment:	$100
It is an extension of the auction close time and keeps an auction open as long as there is active bidding. It occurs automatically when a bid is placed within the last few minutes of an auction. The auction will remain open until an entire overtime increment has passed without any bidding. The overtime increment is indicated on the auction listing. Overtime Period:	5 minutes
Source:	Private Auction
Deposit Required:	$0
This fee is added to the winning bid amount and covers the costs associated with the auction. The buyer's Premium percentage is indicated on the auction listing and displayed during the bid process. See the Settlement Requirements section of the auction for more details on the Buyer's Premium. Buyer's Premium:	10.0%
Page Views:	6045

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Asset Information

Item Specifics - Land Properties

Land Properties
Address	110 North Route 73 Winslow Township, NJ 08009
County	Camden
Parcel Number	Block 3901.01 Lot 41
Lot Size	9 acres

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Asset Description

Additional Terms of Service

All property is sold as is, where is, with no warranties expressed or implied. It is the duty of prospective buyers to research properties to their satisfaction prior to bidding, including the existence or absence of any delinquent taxes, dues and/or liens, and a bid shall constitute a binding contract, in which the buyer is agreeing to abide by the Terms of the Auction.

Settlement Requirements

This is a cash sale, you are bidding on the FULL PURCHASE PRICE. Buyer must have cash ready at auction's close. Winning bidder will be emailed THIS CONTRACT OF SALE and agrees to sign and email the Contract to the Seller, and to pay 10% of the winning bid price, by wire transfer or certified check within 2 days of the auction’s close. If deposits are not received within 2 days of auction’s close, winning bidder will be deemed in default. Winning bidder shall pay full balance due by wire transfer or certified check within 10 calendar days of the auction's close, no exceptions. Winning bidder shall also pay a buyer's premium of 10% with $100 minimum and closing costs of $500 for each parcel sold, which includes deed preparation, recording fees and transfer taxes. Seller will deliver property via quitclaim deed with as-is title, subject to any back taxes, outstanding liens, or back HOA/POA dues. Please research the property and its title BEFORE you bid!

Buyer Premium Information

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.

Payment Type

Certified/Cashier's Check
Wire Transfer

PLEASE READ CAREFULLY- Bid4Assets Real Estate Buyer Responsibilities

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,

A satisfactory inspection of the property
Completion of a title search
Investigating back property taxes and
Other - liens and encumbrances such as unpaid utility bills.

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.