The property you were looking for has been removed at this time.
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Why are properties removed?
Properties may be removed for several reasons. Some of the more common ones include:
1. Mutual Agreement
When a homeowner and lender reach an agreement so the homeowner can keep the property.
2. Bankruptcy
When a homeowner files for bankruptcy protection, this results in an automatic stay being placed on the property. The bankruptcy doesn’t stop the foreclosure, but delays it until the homeowner resolves the debt or the lender gets approval from the bankruptcy court to proceed with the sale.
3. Beneficiary (Lender) Request
The beneficiary (lender) can decide to cancel the sale for any reason. The lender may not be ready to sell the property; may sell it elsewhere or may get paid off by the homeowner.
4. Property No Longer Marketed on Auction.com
In some cases, the property will no longer be marketed by Auction.com but there is the potential that the property will go to sale.
Transaction Details
- A Finance Contingency is being offered only to buyers intending to occupy the Property, on properties with Financing Available. Please review the applicable Purchase Documents for further details. A prequalification letter shall be required upfront, upon purchasing the home.
- A Buyer's Premium equal to 5% of the Winning Bid Amount or $2,500 (whichever is greater) will be added to all Winning Bid Amounts to determine the Total Purchase Price.
- If you are the Winning Bidder, an Earnest Money Deposit of 5% of the total purchase price or $2,500 (whichever is greater) is required.
- Buyer will receive a Special Warranty Deed or equivalent.
- Property is being offered as is, where is.
- Until the seller's reserve price is met, Auction.com may counter bid on behalf of the seller. Counter bidding gives buyers and sellers more flexibility to find a mutually agreeable price. Counter bids do not occur after the seller’s reserve price is met. Learn more about reserve pricing.
