ABSOLUTE ONLINE AUCTION
Residential Bank Owned Property
957 Pike Rd
Birmingham, Alabama 35218
Auction Ends Friday, October 9, 12:0noon
Selling by order of the Lender
Sells Absolute to the highest bidder
Online Bidding Only.
15% Buyers Premium
20% down payment sale day with balance due within 30 days of auctions end.
Sells As Is, without warranty or guarantee.
Purchaser pays all closing cost and title insurance.
Seller guarantees clear title. Property ownership will be transferred by statutory warranty deed. Property may be subject to 1 year right of redemption.
NOTE: This home is being sold along with 4 other residential properties in the Birmingham area. All homes are listed as individual auctions.
Online Bidding: Click on bid on line and then on register to set up your bidding account. You can register once to bid on any of the homes offered.
Bidding Extension: If a bid is placed during the last 10 minutes of the auctions end, the auction is automatically extended another 10 minutes.
If you are experiencing diffuculties with registration or bidding, please contact us at 205-664-4300 or 205-296-8256.
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.
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.