Best Detroit House on Ebay ends Aug 6, 2010
Best Detroit House on Ebay ends Aug 6, 2010
House on Ebay. You are bidding on this 3 bedroom 1 bath stick built home located in Detroit Michigan @ 16128 Tuller Ave Detroit, MI.
House on Ebay
Info from Ebay Auction.
And in a rare move for Ebay, SELLER IS GAURANTEEING NO BACK TAX LIENS OF ANY KIND!!
THE PROPERTY IS A FANTASTIC OPPORTUNITY FOR SOMEONE LOOKING TO GET STARTED INVESTING IN REAL ESTATE WITH VERY LITTLE MONEY & VERY LITTLE RISK.
I AM AN INVESTOR FROM NAPA, CA, AND I PURCHASED 34 DETROIT PROPERTIES TO REHAB FOR RENTAL UNITS RIGHT WHEN THE MARKET CRASHED. I NOW HAVE 9 PROPERTIES LEFT, AND I AM SELLING THEM BECAUSE WE ARE IN NEED OF MONEY RIGHT NOW JUST LIKE EVERYONE ELSE. THIS PARTICULAR HOME WILL NEED ROUGHLY $6,000-10,000 IN COSMETIC REHAB. ONCE FULLY FIXED UP HAS A ZILLOW.COM ESTIMATED VALUE OF $69,200!
I personally think that is a bit high, but realistically once you rehab the property you could easily flip it for $25-$30,000, and make an easy quick profit, or rent the property out for the long term gain!!
I PURCHASED THIS PROPERTY FOR $4,100 TOTAL COST AT AUCTION, AND HAVE PUT ABOUT $2,000 INTO IT SO I WOULD LOVE TO GET MY MONEY BACK.
HAVING SAID THAT THE BIDDING WILL START AT $500 WITH NO RESERVE, AND WHILE I HOPE TO GET FAIR VALUE I WILL HONOR WHAT EVER THE WINNING BID AMOUNT IS. AS IT STATES FURTHER BELOW THE TOTAL PURCHASE PRICE WILL BE THE WINNING BID PLUS THE $495 TITLE TRANSFER FEE. PLEASE DO NOT BID IF YOU DO NOT UNDERSTAND AND ACCEPT THE PAYMENT TERMS.
IF THE WINNING BID EXCEEDS $10,000 SELLER WILL CONSIDER OWNER FINANCING WITH MIN. DOWN PAYMENT $2,000.
AGAIN UNLIKE MOST SELLERS ON EBAY WE HAVE TAKEN TIME TO PROVIDE YOU WITH AS MUCH DETAIL AS POSSIBLE SO THAT YOU CAN PLACE YOUR BID BEING FULLY INFORMED. IN ADDITION TO THE WRITTEN TEXT BELOW PLEASE VIEW THE YOUTUBE VIDEO THAT WE HAVE UPLOADED OF A WALK THROUGH OF THE PROPERTY. THIS WALK THROUGH JUST OCCURRED LAST WK HERE IN JULY 2010 SO EVERYTHING IS AS UP TO DATE AS POSSIBLE!! PLEASE VIEW THE YOUTUBE VIDEO ABOVE:
House on Ebay, here’s one picture, there are 11 more, see auction.
House on Ebay
House on Ebay
So now that we have got all that fun stuff out of the way here is the details.
House on Ebay PROPERTY DETAILS:
SQ. FEET: 1,237
BEDS: 3
BATHS: 1
BASEMENT: YES
YEAR BUILT: 1937
TITLE: SELLER GUARANTEES TITLE WITH NO BACK TAX LIENS OF ANY KIND!! THIS IS VERY RARE ON EBAY, MOST SELLERS WILL GIVE YOU TITLE WITH A TAX LIEN, OR ENCUMBRANCES. YOU CAN VERIFY THAT THERE ARE NO TAX LIENS AGAINST THE PROPERTY BY GOING TO THE WAYNE COUNTY TREASURER WEBSITE!!
House on Ebay MONTHLY RENT ESTIMATE INCOME: $550 THIS IS A VERY CONSERVATIVE ESTIMATE AS I HAVE RENTAL COMPS IN THE AREA AT $690/MO FOR A SIMILAR UNIT.
AUCTION PAYMENT TERMS AND DEED RECORDING PLEASE READ BEFORE BIDDING:
THE TOTAL AMOUNT DUE WILL BE THE WINNING BID AMOUNT PLUS THE $495 TITLE TRANSFER FEE. THIS AMOUNT MUST BE PAID VIA PAYPAL IN ITS ENTIRETY THROUGH PAYPAL WITHIN ONE DAY OF THE AUCTION’S CLOSE. UPON WINNING AUCTION YOU WILL NEED TO PROVIDE YOUR NAME AS YOU WOULD LIKE TO BE RECORDED ONT HE DEED, MAILING ADDRESS TO MAIL TITLE, AND PROPERTY KEYS TO, AND MARITAL STATUS FOR TITLE RECORDING EXAMPLE –
“JOHN SMITH A MARRIED MAN HEREBY IS GRANTED OWNERSHIP OF THE REAL ESTATE PROPERTY LOCATED AT 3590 CORTLAND AVE DETROIT, MI”. SELLER GUARANTEES TO TRANSFER FULL OWNERSHIP TO PURCHASER WITHIN 14 DAYS OF RECEIPT OF PAYMENT. IF SAID TRANSACTION DOES NOT TAKE PLACE, PAYPAL WILL BE REQUIRED AT BUYER’S DISCRECTION TO ISSUE A FULL REFUND. THE REASON I USE PAYPAL IS BECAUSE IT IS SAFER FOR BUYER’S AND SELLERS, BECAUSE IT IS VERY EASY TO RECEIVE A EFUND IF IN ANYWAY NOT HAPPY WITH A TRANSACTION, WHICH GIVES YOU THE BUYER ADDED CONFIDENCE KNOWING YOUR PURCHASE IS SECURE. SO HAVING SAID ALL THAT FUN STUFF THIS WILL BE A QUICK 10 DAY AUCTION, SO GET BIDS AND QUESTIONS IN QUICK! I AM HAPPY TO SPEAK WITH YOU VIA TELEPHONE TO ANSWER ANY ADDITIONAL QUESTIONS YOU MAY HAVE. ALSO YOU WOULD LIKE US TO REHAB THE PROPERTY FOR YOU, I HAVE A PROPERTY MANAGEMENT STAFF IN PLACE THAT CAN COORDINATE ALL REPAIRS, AND DO TENANT PLACEMENT. IF YOU WANT TO BUY THE PROPERTY FULLY REPAIRED AND RENT READY I CAN SELL IT FOR $19,000 INCLUDING REPAIRS AND 6 MO PROPERTY MANAGEMENT. AT THAT PRICE I WILL GUARANTEE QUALITY TENANT PLACEMENT WITHIN 3MO OF PURCHASE OR ISSUE A FULL REFUND OF THE PURCHASE PRICE, AND I GUARANTEE THE 1ST 3 MO OF RENT PAYMENTS UNDER THOSE TERMS!! YOU WILL NOT FIND ANOTHER DEAL LIKE THIS ON EBAY!! HAPPY HOLIDAYS AND HAVE A GREAT TIME BIDDING!!
For More Info About This House on Ebay See The Auction On Ebay.
IF YOU HAVE QUESTIONS IN THE SHORT TERM, OR ARE INTERESTED IN PLACING A “BUY IT NOW” OFFER PLEASE PHONE US DIRECTLY @ (707)-427-6437
You can bid on this House by clicking on the image if you find it in the bump auction above or Click Here!
Get this House on Ebay before the auction ends Aug 6, 2010
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