ABSOLUTE ONLINE AUCTION
Bank Owned Residential Property
Bank Owned Residential Property
925 Burwell Street
Birmingham, Alabama 35211
Auction Ends Friday, October 9, 12:45pm
Selling to the highest bidder by order of the Lender
Sells As IS without warranty or guarantee.
Sells As IS without warranty or guarantee.
15% online Buyers Premium. Check complete terms and conditions.
20% down payment due sale day with balance due within 30 days.
Purchaser pays all closing cost and title insurance.
Pearce & Associates and/or lender will schedule closing attorney.
Seller guarantees title to be free and clear. Property ownership transferred by statutory warranty deed. Property may be subject to 1 year right of redemption.
Online Bidding: Click on bid online. You will be able to register and participate in this auction. This home is a part of a 5 property package that is being sold by the lender. By registering here, you can bid on any of the 5 homes. All are in the Birmingham Area.
You must have a valid credit card to register, however, the winning bidder must pay down payment by check or cash.
If you are having difficulty registering or bidding, please call us at 205-664-4300 or 205-296-8256 for assistance.If someone places a bid during the last 10 minutes of the auctions ends, the auction is automatically extended another 10 minutes
15% Online Buyers Premium. A 15% buyers premium is added to the highest bid to determine the final sales price. <br>
Example: $20,000 bid plus 15% ($3,000) equals a total purchase price of $23,000.<br>
Property Sells Absolute to the highest bidder without reserve.<br>
Property Sells As Is without warranty or guarantee.<br>
The successful bidder must sign a non contingent auction contract within 24 hours of the auctions end and pay a down payment equal to 20% of the gross sales price. <br>
Closing must take place within 30 days of the auctions end.<br>
Purchaser will pay closing cost and title insurance.<br>
Seller guarantees free and clear title.<br>
Pearce & Associates and/or the lender will schedule all closings with our attorney.<br>
Pearce & Associates and the owner encourage all bidders to inspect the property and all surrounding documents prior to bidding. <br>
Pearce & Associates is acting as an agent for the seller in this transaction and is to receive a commission from the seller. Pearce & Associates does not represent a purchaser in this transaction.<br>
This home was built prior to 1976 and may contain Lead Based Paint.
Example: $20,000 bid plus 15% ($3,000) equals a total purchase price of $23,000.<br>
Property Sells Absolute to the highest bidder without reserve.<br>
Property Sells As Is without warranty or guarantee.<br>
The successful bidder must sign a non contingent auction contract within 24 hours of the auctions end and pay a down payment equal to 20% of the gross sales price. <br>
Closing must take place within 30 days of the auctions end.<br>
Purchaser will pay closing cost and title insurance.<br>
Seller guarantees free and clear title.<br>
Pearce & Associates and/or the lender will schedule all closings with our attorney.<br>
Pearce & Associates and the owner encourage all bidders to inspect the property and all surrounding documents prior to bidding. <br>
Pearce & Associates is acting as an agent for the seller in this transaction and is to receive a commission from the seller. Pearce & Associates does not represent a purchaser in this transaction.<br>
This home was built prior to 1976 and may contain Lead Based Paint.