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Montgomery Investment Property
Watch this Listing
Listing ID:  116419 
Status: Deleted
2243 Brewton Street ~ Montgomery, AL Single Family | Urban Residential
Current Bid: $8,100  (Reserve NOT Met)
Number of Bids: 3 Bid History
High Bidder: Augusto
Time Remaining
DaysHoursMinutesSeconds
- - - -
 
Bidding Opens: Aug 25, 2014 10:00 AM
Bidding Ends: Sep 18, 2014 5:30 PM  (Central)
Starting Bid: $6,200
Contact: Gregg Smith
See Terms Below for Bidding Instructions
 
Contact Info Address Info Property Info Pictures Description Bidding History Questions Terms
Files


Contact Information
Contact Type: Listing Agent/Auctioneer
Contact Name: Gregg Smith
Agency Name: Granger, Thagard & Associates
Contact Phone: 205-956-0101
Showings: Open House - See Description


Address Information
Street Address: 2243 Brewton Street
City: Montgomery
County:
State/Province: AL
Postal/ZIP Code: 36107
Country: United States
Map:
Click for Expanded Google Map / Directions 

Property Information
Property Type: Single Family
Category: Urban Residential
Bedrooms: 2
Full Bathrooms: 1
Square Footage: 0 (Approximate)
Lot Size: 50 x 106 x 50.6 x 115
Basement: No Basement
Parking: Car Port
Year Built:
Taxes: $0
MLS/FMLS ID:

Picture Gallery

Description

Here is a chance to acquire not one, but two great investment properties on the same street!  Granger, Thagard and Associates presents this auction of a choice piece of real estate in the Capital City of Alabama. The 2 bedroom, 1 bath home can be yours – either as a starter home or a rental property that can generate instant income. This house and the other home on Brewton are located in an extremely popular section of Montgomery, AL. Convenient to shopping, schools, downtown and Interstate I-85, this house can be purchased at a bargain price. Motivated seller also has three other properties in this area on the Granger, Thagard Onine Auction site. Register today! Buy one, two, three, or all four! 
Open House:
Sunday, Sept. 14
1:30 - 2:00

Seller will accept offers to purchase prior to close of the auction under the auction terms and conditions. 


Contact Gregg Smith  - Lic #AA2954
205-956-0101 or 205-516-1614


Files
File NameDescriptionFile Size
ATT001_Purchase Agreement.pdf Purchase Agreement 87 KB
ATT002_Broker Registration.doc Broker Registration 63 KB

Bidding History
BidderBid AmountBid TimestampAuto-Bid
Augusto$8,100 Thu - Sep 18, 2014 05:28:05 PM
Michael$8,000 Thu - Sep 18, 2014 02:59:20 PM
Augusto$7,200 Wed - Sep 17, 2014 05:23:48 PM

Questions
 
----- No Questions -----

Terms

Granger, Thagard & Associates, Inc.: ON-LINE BIDDING TERMS BIDDER VERIFICATION:
 
To bid on an offered property, all bidders must be of legal age to enter into contract to purchase real estate. The identity of All Bidders will be verified, bidding rights are provisional, and if complete verification is not possible, Granger, Thagard & Associates, Inc. will reject the registration and their bidding will be terminated. 

BIDDING PROCESS: The auction is a timed event with the end date/time posted. The bidding will be open and everyone will have access to the bid history during the auction. If a bidder is out bid by another bidder, the bidder who is out bid will receive an email notification to allow them to increase their bid as they so desire. As the auction nears the ending time, it will auto-extend until bidding is silent for 2 minutes. The auto-extend feature will remain in effect until no further bids are received within the 2 minute time frame. If there is more than one high bid at the same level (a tying bid), the bid first submitted will be honored. The high bidder will be notified by email after the end of the auction. Written offers may be submitted for consideration. 

BUYER’S PREMIUM: All bids are placed in US Dollars. The winning bid will be subject to a 10% Buyer’s Premium that will be added to the High Bid resulting in the Contract Sales Price. AS-IS: This property will be sold in As-Is, Where-Is condition. The high bidder/purchaser acknowledges that he/she is accepting the property in its’ As-Is, Where-Is condition, relying only on his or her own judgment. 

TITLE: Title will be conveyed to the Purchaser by Statutory Warranty Deed, subject to ad valorem taxes, rights of redemption, recorded or unrecorded easements, rights of way, restrictions, government zoning regulations/ordinances. It will be the responsibility of the high bidder/ purchaser to purchase title insurance if desired. SALES 

CONTRACT: The property is being sold under the specific terms as stated in the sales contract. Please read and review the contract prior to bidding. Immediately upon completion of the auction, the successful high bidder/purchaser must execute a completed sales contract along with down payment. A copy of the contract is available for inspection prior to the auction. 

PAYMENT: The successful high bidder/purchaser will deposit a Non-Refundable down payment equal to 10% of the purchase price the day of the sale. The balance will be due on or before 30 days from the auction date. The deposit will be held in the Trust Account for Granger, Thagard & Associates, Inc. 

CLOSING COSTS: All closing costs will be paid by the purchaser. 

TAXES: Ad Valorem Taxes will be pro-rated at closing. 

LEAD PAINT: If this property is a residence built prior to 1978 it may contain lead based paint. Any lead paint inspections are to be completed 10 days prior to the auction ending date. The seller has no knowledge of the presence of lead paint.
 
AGENCY DISCLOSURE: In all transactions, Granger, Thagard & Associates, Inc. is acting as an agent of the seller. 

DISCLAIMER: All information contained herein is believed to be correct to the best of the Auctioneer’s knowledge but is not guaranteed by the Auctioneer. The information is being furnished to bidders for the convenience of the bidders. It is the responsibility of the bidder to determine that the information furnished is accurate and complete. All reliance on the content of information furnished is solely at the risk of the bidder. The property is being sold “As-Is”. Please review all information provided and seek appropriate assistance. Questions may be referred to Granger, Thagard & Associates, Inc.

Buyer Premium: 10.0%
This fee is added to the winning bid amount and is paid by the Buyer. High Bid + Buyer Premium = Selling Price.

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