408 W 50th St
Odessa, TX 79764, Ector County
3
Beds
1
Baths
1,108
Sq. Feet
Completed - Sold to 3rd Party
Bank Owned
408 W 50th StOdessa, TX 79764, Ector County
1,024 Views
Save3 Beds1 Baths1,108 Sq. Ft.
![408 W 50th St Odessa, TX 79764, Ector County](https://adc-tenbox-prod.imgix.net/resi/propertyImages/1111355/1111355_EXTF_1.v1.png?auto=compress&width=750)
Closed
Price Insights
Online Auction
This property has sold.
Property Details
Beds
3
Baths
1
Square Footage
1,108
Lot Size (Acres)
0.16
Property Type
Single Family...
Year Built
1960
Special Notes
NOTE: The condition of the roof is unknown and may require repairs at the Buyers expense
Market Analysis
Local Comps
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Rental Estimate
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Sales & Tax History
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Neighborhood
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Due Diligence
Educate yourself before you bid. Learn how to perform due diligence.
Review Property Information
Check out third party reports on property condition, market value and neighborhood info.
Examine Title and Liens
Preliminary reports are provided for reference. Seek a professional for a full evaluation.
Deed Type
Quitclaim Deed or Special Warranty Deed
Title Insurance Paid by
Buyer
Review Purchase Agreement
Details of the Seller's terms and conditions, and your rights as the buyer.
Prepare Your Finances
Cash is the accepted payment. In some cases, hard money loans and lines of credit are accepted. See purchase documents for details. Why?
You'll need proof of funds within 48 hours of winning the auction.
Conventional financing cannot be used to buy this property.
Top FAQs
Will I be able to inspect the property before I bid?
Typically, no. Many properties will be sold "as is, where is," with all faults and limitations. You'll need to estimate any renovation costs from a distance. Even if you believe the home is vacant, treat it as occupied. These homes have not transferred ownership yet and walking on or entering the property is trespassing.
Does Auction.com have any more information on this property?
Like other real estate transactions, you should conduct careful due diligence before purchasing a property at auction. Common research items include local market value, property condition, and title report.
Please note, Auction.com is not the seller for any property made available online, and all information and photos to Auction.com have been made available on this page.
Will the property be free and clear of all liens?
Not necessarily. You should seek independent advice to perform your own due diligence and fully understand the foreclosure process and foreclosure sales in general. It is your responsibility to do a title search and seek any professional counsel before bidding.
Can I use financing to buy this property?
Typically, no. Be sure to check the property listing to see if financing is considered. Most properties on Auction.com are sold cash-only. That means you must pay the entire purchase amount by the closing date.
What happens if I am the winning bidder?
If you are the highest bidder at the end of an auction, here are your post-auction obligations:
- Contract Information: You'll receive an email confirming you have the highest bid. You will then need to provide important contracting information by filling out a form online. You can preview the required information on this form as a printable checklist. Make sure to submit the form within 1 business day.
- Purchase Agreement: Once everything is verified, the Purchase Agreement will be generated and you will need to sign and return the document for the seller to review and sign.
- Proof of Funds: You need to provide Auction.com a copy of your Proof of Funds by email within 2 business days.
- Earnest Money Deposit: Unless otherwise specified on your purchase agreement, you will need to send the Earnest Money Deposit to the closing company within 2 business days of receiving the transfer instructions. Send Auction.com a copy of your confirmation receipt within 1 business day of sending funds.
Transaction Details
Auctioneer Licensing Information
Auction.com, Inc. - License No. 580708 (RE Broker),
Lee Leslie - License No. 539766 (RE Broker),
Charlotte Young - License No. 802589 (RE Sales Agent)
Texas Real Estate Commission Information About Brokerage Services:
TREC Information,
Texas Consumer Protection Notice:
TREC Consumer Notice