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Real Estate Auction!3 Bed * Double Lot * Lake Erie
Previous Page Listing ID#: 19270
Previous Page Listing ID#: 19270
| Auction Location |
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Newport, MI 48166 |
| Auction Dates and Times |
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Saturday May 21, 2016 Completed |
| Auction Type |
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 Live Auction
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| Company Information |
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American Eagle Auction & Appraisal Company Contact: Kenny Lindsay Phone: 734-223-3277 Email: productionline@msn.com Website: www.MichiganAuctionCompany.com GoToAuction.com ID#: 1339 View company information and listings |
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| Listing Information |
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REAL ESTATE AUCTION The Estate of Richard O. Meyer
Saturday, May 21, 2016
Location: 6167 Sterling Dr.
American Eagle Auction & Appraisal Company is pleased to announce to you this excellent home buying opportunity!
Real estate is all about location and this home has it! Beautiful double corner lot in the Pointe Aux Peaux Farms subdivision which overlooks a park and beautiful Lake Erie. SNAPSHOT OF PROPERTY DETAILS *Prope rty resides on TWO different lots Parcel Number: 5807 887 133 00 Parcel Number: 5807 887 133 00
Building Style Ranch Building Type Single Family Water/Sewer Public Water Bathroom 3 Fixture Bathroom Heating/Cooling Gas. Wall/Floor Furnace Interior Drywall & Paneled Square Footage 800 Sq. Ft. Garage 2-Car Attached Breezeway Yes Foundation Slab Year Built 1940 Acreage Parcel #1 0.13 Lot: 132 Acreage Parcel #2 0.13 Lot: 133
FREQUENTLY ASKED QUESTIONS:
WHY IS THIS PROPERTY BEING SOLD AT AUCTION?
DO I NEED TO BE "PRE-QUALIFIED" IN ORDER TO BID? No. However, it is important that should you be the successful bidder that you will be able to satisfy the balance due by June 21, 2016 which is 30 days post auction. Your successful bid is NOT contingent whether you can obtain a loan or not. If you are unable to satisfy the balance due, you will lose your $5,000 earnest money deposit that you put down on auction day. HOW DO I PARTICIPATE IN BIDDING ON THIS PROPERTY? #1. First of all, you should do your own due diligence prior to considering placing a bid. Learn all you can about the property and feel free to have a trusted adviser inspect the property during the scheduled open house dates. #2. Attend one or both of the open houses (not required but recommended) #3. Obtain a $5,000 cashier's check made payable to yourself. #4. Anytime prior to auction day, you must register for the auction by completing a bidders contract (this is attached to this form) #5. Auction Day! On the day of the auction, all registered bidders for the real estate will gather at a secured location in the home. (No spectators. You MUST be registered to be a part of this process.) The auctioneer will open the bidding by asking for an opening bid amount of $60,000. You will have the opportunity to bid a higher increment. When the bidding concludes, the auctioneer will declare "Sold!" to the highest bidder. From there, all non-successful bidders will receive their $5,000 earnest money check back. The successful bidder will sign a purchase agreement, sign over their earnest money deposit and the paperwork will be sent to Minnesota Title for processing. You will have 30 days to complete the transaction.
Kenny Lindsay Michigan Auctioneers Association President 2014 Chairman-of-the-Board 2015 Garth Wilber's Presidents Award of Distinction Honoree - 2016
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