|Seller Name:||Wayne County Treasurer|
|Location:||1550 WOODWARD AVENUE
Detroit, MI 48226
|Number of Bids:||48|
|This is the final amount the asset was sold for. Winning Bid:||$176,000|
|It is the floor at which bidding begins. Our system cannot accept a bid lower than the minimum bid amount. Minimum Bid:||$68,600|
|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:||09-16-11 11:00 AM ET|
|Auction Closed:||09-19-11 09:33 AM 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|
|Deposit Required:||$5,035 — See Instructions|
|The Office of the Wayne County Treasurer offers tax-foreclosed property for auction and encourages bidders to research the property thoroughly using the following information as a starting point.|
|Legal Description||E WOODWARD N 15 FT 24 S 30 FT 23 PLAT OF SEC 7 GOVERNOR & JUDGES PLAN L34 P544 DEEDS, W C R 1/9 45 IRREG|
|Address||1550 WOODWARD AVENUE
Detroit, MI 48226
The due diligence items below apply to all related auctions from this seller.
|County Terms Of Sale|
|List of Auctions by zip - long list (PDF)|
|List of Auctions by community - long list (PDF)|
|Property List of Auctions - ALL (Excel)|
|List of Auctions by zip - short list (PDF)|
|List of Auctions by street - short list (PDF)|
|Offline Bid Form|
|Property List of Auctions - ALL (PDF)|
|List of Auctions by community - short list (PDF)|
|List of Auctions by street - long list (PDF)|
Wayne County requires that the winning bidder submit the deed transfer information to Bid4Assets within 24 hours of the close of auction.
To bid on this auction, all bidders are required to become qualified by placing a deposit. The deposit of the winning bidder is automatically transferred to the seller at the end of the auction. If the winning bidder fails to perform on any auction, the entire BidDeposit will be forfeited to the seller. Non-winning bidders' deposits are refunded within (10) ten business days after the close of the auction. This deposit cannot be applied to other auctions. To find out more about the BidDeposit requirement, click here.
Full payment must be received by Wayne County within ONE (1) business days from each auction close. Personal checks, traveler's check and credit card payments will NOT be accepted. If the payment policy is not adhered to, the winning bidder will forfeit their deposit and may be banned from future sales.