REAL ESTATE AUCTION

JANUARY 11, 2016
11:00 a.m. Personal Property Auction
1:00 p.m. REAL ESTATE Auction

Location:
19044 Hillcrest St.
Livonia, Michigan

OPEN HOUSE DATES:

Ken Lindsay's American Eagle Auction & Appraisal Company is pleased to present to you this great home that will be sold at public auction.

SNAPSHOT OF PROPERTY DETAILS OF: 19044 HILLCREST, LIVONIA, MICHIGAN 48152

Legal Description: 11H1A THE N 1/2 OF THAT PART OF THE N W 1/4 OF SEC 11 DES AS BEG AT A POINT DIS S 89D 59M 55SEC W ALONG THE N LINE OF SAID SEC 192.65 FT AND S 0D 04M 10SEC W 200.0 FT FROM THE N 1/4 COR OF SEC 11 AND PROC TH S 0D 04M 40 SEC W 140 FT TH S 89D 59M 55SEC W 10 .08 FT TO THE E LINE OF HILLCREST AVE TH N 0D 21M 49SEC W ALONG SAID LINE 140.0 FT. TH N 89D 59M 55SEC E 106.08 FT TO THE POB 0.17 ACRE

FREQUENTLY ASKED QUESTIONS:

WHY IS THIS PROPERTY BEING SOLD AT AUCTION? 

The current owner is motivated to sell and choses to expedite the selling process.

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 within 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 $15,000 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.
#2. Again, do Your research on the property. The real estate is being sold "as is, where is" with no warranties expressed or implied.
#3. Obtain a $15,000 cashier's check made payable to yourself.
#4. Anytime on or prior to auction day, you must register for the auction by completing a bidders contract (email us at: Productionline@msn.com for the registration form) - We strongly recommend advance registration. If you are a real estate agent representing a client, we require advance registration.
#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. (Sorry. No spectators. You MUST be registered to be a part of this process.) The auctioneer will ask attendees to open the bidding. You will have the opportunity to bid a higher increment. When the bidding concludes, it is likely the home just found its new owner.
From there, all non-successful bidders will receive their $15,000 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.