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Bid: |
$229,500 | |
Number of Bids: |
99 Bid History | |
High Bidder: |
gabbahhey |
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Started: |
Nov 18, 2008 2:04 PM |
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Ends: |
Dec 10, 2008 3:32 PM
(Central)
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Starting Bid: |
$50,000 |
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Contact: |
PAXPowerHouse01 |
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--- PLACE YOUR MAXIMUM BID --- |
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Picture Gallery |
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Description |
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THIS BEAUTIFUL ORANGECREST HOME IN RIVERSIDE
Features 4 bedrooms, one bedroom downstairs, 2 1/2 bathrooms and 2925 square feet of living space, 3 car garage, upstairs laundry room, upstairs loft, large backyard is a blank canvas waiting for your imagination, lot size is approximatly 8276, large open kitchen with island, breakfast nook, formal dining area, formal living area, family room right off kitchen, fireplace, built in oven and cook top, built in 2004
HOA dues are a low $33.00-
You must Download a bidders packet before bidding! Be sure to click on watch this auction above for email alerts on this Auction. This is a reserve auction. If the reserve is not met the seller still has the option to accept winning bid! BID STATION AVAILABLE AT THE PROPERTY PREVIEWS AND THE LAST DAY FOR BIDDING! PROPERTY PREVIEW DATES ARE AS FOLLOWS:Tuesday November 25th from 4:07pm until 6:07pm
Saturday December 6th from 11:07am until 1:07pm Wednesday December 10th from 12:07pm until 1:07pm LAST DAY TO BID LIVE AT THE PROPERTY IS DECEMBER 10TH, 2008
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Bidding History |
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| gabbahhey | $229,500 |
Wed - Dec 10, 2008 03:22:36 PM
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| | Allan | $228,500 |
Wed - Dec 10, 2008 03:13:51 PM
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| | gabbahhey | $227,500 |
Wed - Dec 10, 2008 03:12:46 PM
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| | dorel | $226,500 |
Wed - Dec 10, 2008 03:05:57 PM
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| | Allan | $225,500 |
Wed - Dec 10, 2008 03:05:51 PM
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| | gabbahhey | $224,500 |
Wed - Dec 10, 2008 03:05:44 PM
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Auto-Bid
| | Allan | $224,500 |
Wed - Dec 10, 2008 03:05:44 PM
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| | gabbahhey | $223,500 |
Wed - Dec 10, 2008 03:05:37 PM
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Auto-Bid
| | Allan | $222,500 |
Wed - Dec 10, 2008 03:05:37 PM
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| | gabbahhey | $221,500 |
Wed - Dec 10, 2008 03:05:20 PM
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| | Allan | $220,500 |
Wed - Dec 10, 2008 03:01:03 PM
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| | gabbahhey | $220,000 |
Wed - Dec 10, 2008 03:01:03 PM
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Auto-Bid
| | gabbahhey | $219,500 |
Wed - Dec 10, 2008 03:00:48 PM
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Auto-Bid
| | Allan | $218,500 |
Wed - Dec 10, 2008 03:00:48 PM
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| | gabbahhey | $217,500 |
Wed - Dec 10, 2008 02:59:47 PM
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| | Allan | $216,500 |
Wed - Dec 10, 2008 02:58:31 PM
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| | gabbahhey | $216,000 |
Wed - Dec 10, 2008 02:58:31 PM
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Auto-Bid
| | gabbahhey | $215,500 |
Wed - Dec 10, 2008 02:55:10 PM
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| | lien | $214,500 |
Wed - Dec 10, 2008 02:55:10 PM
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Auto-Bid
| | lien | $214,000 |
Wed - Dec 10, 2008 02:53:29 PM
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Questions |
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Question: Dear Sir/Madame,Would it be possible to view the home before placing a bid?Thanking you in advance,Sincerely,Chloe Mendieta.
Answer: Yes, you can preview the home during the times posted above and we suggest that all bidders also download the bidders packet and review all documents. They will be available soon if they are not all there already. Good question and thank you for your interest.
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Question: Have you completed a home inspection and/or a termite inspection that we can preview during the preview times?
Answer: Home inspections are the responsibility of the bidders but the termite inspection has been ordered and will be available soon for you to download. We will have a printed one available at the previews.
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Question: is there a reserve on the auction?
Answer: There is no reserve on this auction. It is subject to the lenders approval!
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Question: I am not sure if this applies to auctions, but I was wondering if there are any leans that are pending on this house? 200,000 minimum for the auction on this house seems really cheap, I don't want to waste my time if there are hidden costs.
Answer: All liens, back taxes, outstanding loans will be settled by close of escrow. Winning bidders will always receive a free and clear title. 200,000 is the suggested starting bid price not the asking price. The Bidding process will determine the value of the property and be submitted to the lender for final approval. The best thing for you to do is download the bidders packet and read all the terms and conditions of the auction before bidding and come out to the preview to see the house. Thank you for your interest and good bidding! Also, feel free to call us if you have any other questions!
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Question: Will there be a computer to make another bid at the location? I am already registered with EPAX.
Answer: Yes, there will be a bidding station at the final preview on the final bid day.
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Terms |
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TERMS:
PACIFIC AUCTION EXCHANGE, Power House Team, Inc, Inc. AS AGENT FOR THE SELLER will offer the property for auction on the EPAX Auctions LLC, internet website according to the following terms and conditions: THIS AUCTION IS SUBJECT TO LENDER CONFIRMATION. Announcements and information, provided on the EPAX website will take precedence over printed material. THE PROPERTY IS SOLD "AS IS," WITH NO CONTINGINCIES AS IT RELATES TO FINANCING APPRAISAL OR INSPECTIONS AND ALL SALES ARE FINAL. THE SUCCESSFUL BIDDER ACKNOWLEDGES THAT THE AUCTIONEER AND THE SELLER HAVE MADE NO IMPLIED WARRANTY OR REPRESENTATION OF ANY TYPE AS TO THE PROPERTY AND THAT THE PROPERTY IS SOLD WITHOUT ANY WARRANTIES WHATSOEVER, EXPRESSED OR IMPLIED AND SPECIFICALLY THERE IS NO WARRANTY OR MERCHANTABILITY AND NO WARRANTY OF FITNESS FOR A PARTICULAR PURPOSE. Though all descriptions and information are believed to be correct, in no event shall auctioneer or seller be held responsible for having made or implied any warranty of description, genuineness, condition etc. The property is open to thorough public inspection at the published property preview dates. Auctioneer reserves the right to withdraw any item before or during the auction. Only registered bidders may bid on the property being sold, any exceptions to this requirement shall be within the sole discretion of PACIFIC AUCTION EXCHANGE., Power House Team,Inc Pacific Auction Exchange,_Power House Team, Inc reserves the right to bid on behalf of the seller. No allowances, adjustments or rescission of sale will be allowed based upon failure of the property to correspond to a particular need. The registered bidder will be responsible for any purchase made with his or her unique EPAX identity and password. A BUYER'S PREMIUM OF TEN (10%) OF THE SUCCESSFUL BID WILL BE USED TO ESTABLISH THE FINAL CONTRACT PRICE BY ADDING THE PREMIUM TO THE SUCCESSFUL BID. Bidder acknowledges that a non-refundable deposit of $5,000.00 is required to be deposited into the trust account within 48 hours after becoming the winning bidder; this money will be refunded if the sale is not approved by the lender. If the bidder does not sign the purchase agreement within 48 hours of becoming the winning bidder as indicated by the website then the credit card used to register to bid will be charged $350.00 for not performing. RESPONSIBILITY OF BIDDER AND INDEMNIFICATION: Bidder agrees to assume the defense of and indemnify and hold harmless PACIFIC AUCTION EXCHANGE,Power House Team, Inc. for all claims, loss, damage, injury and liability of every kind, directly or indirectly caused by acts of bidder and/or it's agents in connection with this auction or the use of the property by the successful bidder. If the foregoing conditions or any other applicable conditions are not complied with, in addition to other remedies available to PACIFIC AUCTION EXCHANGE,Power House Team, INC. and the Seller by law, including, without limitation, the right to hold the successful bidder liable for the bid price. PACIFIC AUCTION EXCHANGE, as its option may either (a) cancel the sale, retaining as liquidated damages all payments made by the successful bidder or (b) resell the property publicly or privately and in such event, the successful bidder shall be liable for payment of any deficiency plus all costs, including the holding costs of the property, the expense of both sales and PACIFIC AUCTION EXCHANGE COMMISSION (which is equal to the Buyer's Premium) and incidental damages. In any action to enforce and/or recover damages pursuant to this document PACIFIC AUCTION EXCHANGE shall be entitled to recover its attorney fees, expenses and all cost of suit incurred in such action. BIDDER AGREES THAT ANY CONTROVERSY OR CLAIM ARISING OUT OF THIS AGREEMENT OR THE AUCTION OF SELLER'S PROPERTY SHALL BE SETTLED BY ARBITRATION AS SET FORTH IN THE AUCTION PURCHASE AGREEMENT. BROKER PARTICIPATION INVITED: Subject to established PACIFIC AUCTION EXCHANGE, Power House Team, Inc. guidelines. All information in this brochure was derived from sources believed correct, but is not guaranteed. ALL PROPERTY MEASUREMENTS ARE APPROXIMATE. It is Buyer's responsibility to verify all permits, property use and property specifications prior to the auction date. Pacific Auction Exchange Power House Team inc. is agent of the seller.
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Buyer Premium: 10% | |
This fee is added to the winning bid amount and is included in the total purchase
price paid by the Buyer. |
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