Duplex Investment!! Dallas TX!!!
Real Estate :: Residential
Duplex Investment!! Dallas TX!!!Equity Purchase!! Rental Opportunity!!
ATTENTION BIDDERS AND PROSPECTIVE BIDDERS: PLEASE REVIEW THE PROPERTY DETAILS, THE AUCTION TERMS AND THE CLOSING STEPS CAREFULLY. DO NOT BID IF YOU DO NOT HAVE THE FUNDS READILY AVAILABLE OR IF YOU DO NOT AGREE TO THE TERMS. IF YOU HAVE ANY QUESTIONS, PLEASE CONTACT US BY CALLING OR EMAILING US PRIOR TO BIDDING!!!! THIS IS AN ABSOLUTE AUCTION - DO YOUR OWN DUE DILIGENCE !!!! THIS IS AN EQUITY SALE: THIS MEANS THAT YOU ARE BIDDING ON OUR EQUITY AND YOU, AS THE WINNING BIDDER, TAKES THE RESPONSIBILITY OF ASSUMING THE MUNICIPAL LIENS AND THE DELINQUENT TAXES TOTALING $4,037.86 In addition to the bid price. PROPERTY DESCRIPTION: This property is located at 3608 S. Fitzhugh Street in Dallas Texas. The community is south of downtown Dallas between I-45 and I-30. There are bus stops nearby as well as easy access to both these major highways. Plenty of shopping is available and conveniently nearby. The information listed in this description is believed to be accurate. Pictures were taken and the physical description was provided by a 3rd party. THEREFORE, your own due diligence to verify this information is solely your responsibility as the bidder/buyer. This duplex is approximately 1241 square feet total for both sides of the duplex combined. The layout is a 1/1 on one side of the building while the other side is a 1/1 as well. This duplex needs complete rehab and renovation. The duplex has gas heat available and no air conditioning from exterior inspection. The air conditioning would be window units. There is no indication of any fireplaces, and this is a one story structure. The kitchens and baths are in need of complete renovation. The wiring has been pulled out and there is no utility hookup. The overall structure stills seems to be in good shape. The foundation is a post style and seems to be stable and balanced. The units do not have garages but there are drives for parking vehicles on the side of the structure. This duplex has plenty of starting "clay" to mold into a nice property and could produce a nice return on your investment. Look past the boarded up windows and doors and see the opportunity! (Again, we did not view the property on the inside, this was done by a 3rd party and all information should be reviewed and confirmed/corrected by doing your own due diligence as a bidder/interested buyer) You will be issued a Special Warranty Deed at closing. YOU ARE BIDDING ON OUR EQUITY IN THE PROPERTY AND AS THE WINNING BIDDER, YOU WILL BE ASSUMING THE RESPONSIBILITY OF PAYING THE DELINQUENT TAXES AND THE ADDITIONAL LIENS ATTACHED TO THE PROPERTY. (SEE BELOW FOR MORE DETAILED INFORMATION) These liens total $4,037.86. (These totals are subject to minor changes due to accruing charges, fees, etc. as time progresses prior to purchase and closing. The totals are deemed to be accurate as of the date of this posting.) DELINQUENT TAXES: The delinquent taxes due on this property total $4,037.86. Tax Information OTHER MUNICIPAL LIENS: Additional liens attached to the property total $0.00. Public Records Lien Information APPRAISED VALUE: The appraised value of this property is $23,510.00. Dallas County Appraisal District According to Zillow, the estimated value of this property is $71,000. Zillow Estimated Value BIDDING REQUIREMENTS AND AUCTION TERMS: PLEASE TAKE NOTE!!!! · WITHIN 1 HOUR OF YOUR “INITIAL BID” WE REQUIRE ALL BIDDERS TO EMAIL US WITH YOUR EMAIL ADDRESS, PHONE NUMBER, AND MAILING ADDRESS. · IF YOU DO NOT PROVIDE YOUR CONTACT INFORMATION WITHIN 1 HOUR OF YOUR BID AND YOU HAVE LESS THAN A 10 FEEDBACK HISTORY, YOUR BID IS SUBJECT TO AUTOMATIC REMOVAL. · IF YOU HAVE OVER A 10 FEEDBACK HISTORY, WE WILL SEND YOU ONE REMINDER TO PROVIDE US THE NECESSARY INFORMATION AND IF WE DO NOT GET A RESPONSE, YOUR BID IS SUBJECT TO REMOVAL. · IN THE LAST HOUR-IF YOU BID AND HAVE NOT PROVIDED US THE INFORMATION REQUESTED OR CONTACTED US-YOUR BID IS SUBJECT TO IMMEDIATE REMOVAL TO ENSURE FAIRNESS TO ALL THE BIDDERS. · PROVIDING THE REQUIRED AND NECESSARY INFORMATION UP FRONT AND EARLY IN THE AUCTION TIME FRAME WILL PREVENT ANY ACCIDENTAL OR UNNECESSARY REMOVAL OF YOUR BID. · This Sale is for the property “AS IS-WHERE IS” WITH ALL FAULTS. You are bidding on our EQUITY in this property. The title is being transferred free and clear "except" for the delinquent taxes, which the winning bidder assumes and is responsible for (please review the details above under "PROPERTY DESCRIPTION"). · Purchaser agrees to accept the property in “AS IS-WHERE IS” condition at the time of closing with NO WARRANTY EXPRESSED, WRITTEN OR IMPLIED. Any representations of this property are merely the opinion of the seller. ALL BUYERS ARE ENCOURAGED TO PERFORM THEIR OWN DUE DILIGENCE BEFORE BIDDING. · “THIS AUCTION IS FOR SERIOUS BIDDERS ONLY”. Please DO NOT BID if you will not fulfill your obligation! Any winning bidders who do not close will be reported to eBay for buyer misconduct. If you have any questions, PLEASE CONTACT US PRIOR TO PLACING YOUR BID OR PRIOR TO THE CONCLUSION OF THE AUCTION ******DO NOT BID IF YOU INTEND ON LOOKING AT THE PROPERTY AFTER THE AUCTION ENDS. INSPECT THE PROPERTY PRIOR TO BIDDING. (Unless you are unable to view the property, out of state, etc. and you WILL complete the transaction as required--see additional requirements and warnings). ******NON-PAYING BIDDER WARNING: We will litigate against non-paying auction winners. Ask all questions prior to bidding! **Auction Cancellation**-- The seller reserves the right to notify bidders and cancel this auction, and shall not be held liable for any such cancellation, due to prior sale of the item. If you wish to receive our Wicked Properties Newsletter and get notice of pre-auction specials, please provide your name and email below: Name: Email: CLOSING INFORMATION: STEP ONE: The winning bidder must contact us by email or phone immediately at the conclusion of the auction with all the necessary information (full name, address, phone, email) for verification as well as for closing documents. STEP TWO: Within 24 hours of the close of the auction the winning bidder will pay the GREATER of (a) 50% of the purchase price or (b) $3500 by paypal or fed-ex a cashier’s check made payable to SF Estate Investments, LLC at 1401 Elm Street, Ste. 3800, Dallas TX 75202. The full amount will be due and payable within 5 business days of the close of the auction unless other arrangements have been made with the seller. OR Pay the entire balance by paypal or fed-ex a cashier’s check made payable to SF Estate Investments, LLC at 1401 Elm Street, Ste. 3800, Dallas TX 75202. OR Within 24 hours of the close of the auction, the buyer agrees to pay a non-refundable deposit of $1500 by paypal or fed-ex a cashier’s check made payable to SF Estate Investments, LLC at 1401 Elm Street, Ste. 3800, Dallas TX 75202. STEP THREE: All contracts will be signed by seller and buyer, then forwarded for final closing preparations. Title is being handled by our Title Dept and N. Alex Bickley, a fee title attorney who works in our offices. You can reach Mr Bickley at 214-712-9800 You will be issued a Special Warranty Deed at closing. PLEASE DO NOT BID IF YOU DO NOT INTEND TO COMPLETE THE TRANSACTION OR DO NOT HAVE THE FUNDS AVAILABLE. BY BIDDING ON THIS AUCTION YOU HAVE READ AND AGREE TO THE TERMS AND REQUIREMENTS SET FORTH ABOVE AND YOU HAVE DONE YOUR OWN DUE DILIGENCE ON THIS PROPERTY PRIOR TO BIDDING AND PRIOR TO THE CONCLUSION OF THIS AUCTION. FOR MORE INFORMATION PLEASE CONTACT US THROUGH THIS POST OR AT eBaySales@iBidEarth.com or at 214-712-9800. www.iBidEarth.com | ||||||||||||||
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