ABSOLUTE ONLINE AUCTION
Bank Owned Residential Property
1420 4th Court W.
Birmingham, Alabama 35208
Auction Ends Friday, October 9, 12:15pm
Selling to the highest bidder by order of the Lender.
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 will be transferred by statutory warranty deed. 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.
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
This property may or may not be occupied.
15% Online Buyers Premium. A 15% buyers premium is added to the highest bid to determine the final sales price.
Example: $20,000 bid plus 15% ($3,000) equals a total purchase price of $23,000.
Property Sells Absolute to the highest bidder without reserve.
Property Sells As Is without warranty or guarantee.
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.
Closing must take place within 30 days of the auctions end.
Purchaser will pay closing cost and title insurance.
Seller guarantees free and clear title.
Pearce & Associates and/or the lender will schedule all closings with our attorney.
Pearce & Associates and the owner encourage all bidders to inspect the property and all surrounding documents prior to bidding.
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.
This home was built prior to 1976 and may contain Lead Based Paint.
This is a foreclosed property and may be subject to a one year right of redemption.
Example: $20,000 bid plus 15% ($3,000) equals a total purchase price of $23,000.
Property Sells Absolute to the highest bidder without reserve.
Property Sells As Is without warranty or guarantee.
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.
Closing must take place within 30 days of the auctions end.
Purchaser will pay closing cost and title insurance.
Seller guarantees free and clear title.
Pearce & Associates and/or the lender will schedule all closings with our attorney.
Pearce & Associates and the owner encourage all bidders to inspect the property and all surrounding documents prior to bidding.
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.
This home was built prior to 1976 and may contain Lead Based Paint.
This is a foreclosed property and may be subject to a one year right of redemption.