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Beautiful 3-Bedroom, 2-Bathroom Residential Real Estate Auction
Previous Page Listing ID#: 70872
Previous Page Listing ID#: 70872
| Auction Location |
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Livonia, MI 48154 |
| Auction Dates and Times |
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Tuesday May 22, 2018 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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| File Attachments |
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 livonia_real_estate_cooperative_agreement.pdf
 livonia_real_estate_opening_bid_form.doc
registration.pdf
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REAL ESTATE AUCTION
27616 Lyndon St.
Tuesday, May 22, 2018 - 6 p.m. Important:
Snap Shot of Property Details
FREQUENTLY ASKED QUESTIONS WHY IS THIS PROPERTY BEING SOLD AT AUCTION? This is NOT a ‘distressed’ property. The family simply wishes to expedite the selling of the home as opposed to listing the home conventionally. Real estate auctions are NOT uncommon and a highly efficient method of selling and buying real property. This is an open and transparent method of selling. DO I NEED TO BE ‘PRE-QUALIFIED’ TO BID? No. However, it is important that you have all your financial arrangements in order. If you are the successful bidder, you will be required to satisfy the outstanding balance within 30 days after the auction. If not, you will lose your earnest money deposit which is required prior to bidding. HOW DO I BID ON THIS REAL ESTATE? #1. First of all, you must 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 to assist you with inspecting the property, terms and documentation. This property is being sold “as is, where is” with no warranties expressed or implied. #2. You must obtain a $20,000 earnest money deposit in the form of a cashiers check made payable to yourself to register. If you are deemed the successful bidder, you will endorse the reverse side of this check and will be delivered to Minnesota Title for processing within 48 hours. If you are not the successful bidder, your check will be returned to you at the conclusion of the auction. #3. We recommend that you download the Bidder Registration prior to auction day. If you have a Buyer’s Agent, it is required that you are registered within 48 hours prior to the auction. The Bidder Registration is available for download on this page. If you have any difficulty, please contact our office at (734) 223-3277. #4. You should attend one of the Open House property previews. Those dates are stated on this page. #5. Auction Day! On the day of the auction, all registered bidders will gather at a to be determined location at the property. Only registered bidders and their agents will be permitted for entry. No casual spectators will be permitted under any circumstances. The auctioneer will open the bidding and registered bidders will have the opportunity to bid a higher increment. A 10% Buyers Premium plus $895.00 will be added to your successful bid. When the bidding commences, the home has likely found its new owner. WE WELCOME BORKER PARTICIPATION! BE SURE TO COMPLETE THE BROKER PARTICIPATION CONTRACT LOCATED ON THIS PAGE. IF YOU HAVE ANY QUESTIONS, PLEASE DO NOT HESITATE TO CONTACT US DIRECTLY AT (734) 223-3277. |
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