|Number of Bids:||14|
|This is the final amount the asset was sold for. Winning Bid:||$1,210|
|It is the floor at which bidding begins. Our system cannot accept a bid lower than the minimum bid amount. Minimum Bid:||$1|
|Your Bid Status:||Log in to view status|
|It is the minimum dollar amount a Seller is willing to accept for an auction. This amount is not disclosed on the Web site, but bidders are notified once the reserve price has been met. Auctions with no reserve price are labeled as "No Reserve" on the auction listing. Reserve:||No Reserve!|
|Auction Started:||06-17-11 02:00 PM ET|
|Auction Closed:||07-14-11 03:17 PM ET|
|It is an extension of the auction close time and keeps an auction open as long as there is active bidding. It occurs automatically when a bid is placed within the last few minutes of an auction. The auction will remain open until an entire overtime increment has passed without any bidding. The overtime increment is indicated on the auction listing. Overtime Period:||5 minutes|
|This fee is added to the winning bid amount and covers the costs associated with the auction. The buyer's premium percentage is indicated on the auction listing and displayed during the bid process. See the Settlement Requirements section of the auction for more details on the Buyer's Premium. Buyer's Premium:||7.0%|
|Address||6518 S Sangamon St
Chicago, IL 60621
***only bid on this house if you are truly interested in purchasing the house for your bid amount, and only if you are prepared to send the 20% deposit within 48 hours.
Buyer is responsible for any property back taxes and any back water bills. Please verify these amounts with the county. Please be advised: In Chicago, the County may require the back water bill to be paid prior to recording the deed.
This home is a “fixer” and the Seller offers this real estate for sale in "AS IS" CONDITION AT THE TIME OF SALE OR CLOSING, INCLUDING ANY HIDDEN DEFECTS OF ANY NATURE, KNOWN OR UNKNOWN, with no representations, warranties or guarantees whatsoever, express or implied, regarding their nature, value, source, authenticity, fitness, merchantability, and/or any other aspect or characteristic of this house. No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding this property. All sales are with the understanding that the buyer cannot rely on any other representation, warranty or guaranty made by anyone.
All information derived from third party sources, including but not limited to appraisals, are deemed reliable but not guaranteed.
All buyers are deemed to have relied entirely on their own information, judgments and inspections of the assets in making the decision to purchase the asset. We recommend visiting the property before purchasing.
You are bidding on the full purchase price. If the winning bid amount is less than $2,000, the full purchase price plus fees will be due within 48 hours after the auction close. If the winning bid is more than $2,000, a 20% deposit will be due within 48 hours and the balance of payments will be due within 7 days of the auction close. There will be a $500.00 deed fee and a 7% buyer's premium added to purchase price. Upon receipt of the payment/deposit, a contract signed by the seller will be sent to you to sign and send back to seller. Upon receipt of full payment, the quitclaim deed will be sent to the County to be recorded into your name and a copy of the quitclaim deed will be sent to you. We accept cashier’s check, wire transfer, and money order.
This auction requires that the winning bidder pay a Buyer's Premium of 7.00% of the winning bid amount. (The Buyer's Premium covers the costs associated with the auction).
This amount will be added to the winning bid and will be included in the total purchase price paid by the Buyer to the Seller.