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Bank-Owned: Clinton, MA - 8+ Acres Industrial Land - $1 NR

Seller Name: EstateSalePR
Rating: Not Applicable
Location: 172 Sterling St
Clinton, MA 01510
United States
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Asset was sold for $33,501


Asset Information

Item Specifics - Land Properties
Land Properties
Address 172 Sterling St
Clinton, MA 01510
United States
Lot Size 8.43 acres
HOA Fee $0.00 monthly
Annual Taxes $47053.00
Zoning Industrial
Topography Level
Additional Terms of Service


This is an Absolute Auction and will sell regardless of price, subject to tax liens and other encumbrances

The Seller offers the Property 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 the Property. No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding the Property. All sales are with the understanding that the buyer cannot rely on any other representation, warranty or guaranty made by anyone.

Buyer acknowledges and verifies that he/she has carried out the necessary due diligence to purchase, as properties are sold "as is".

Settlement Requirements

Terms and Conditions: You are bidding on the Full Purchase Price. This is a CASH SALE. There is a 10% buyer’s premium with a $250 minimum. Buyer is responsible for all liens and encumbrances, and unpaid taxes. A 50% non-refundable deposit is due within 48 hours of auction's close, full payment is due by 3pm ET on 10/31/11. The balance of the winning bid plus $500 to record the deed and transfer taxes. No personal checks will be accepted. Please have your financial arrangements in place. Upon receiving the total amount of verifiable funds, seller will record the deed transferring the property to the purchaser, and mail a copy to the purchaser. If buyer wants to go through a Title Company, the buyer is responsible for the closing fees. Seller reserves the right to end the auction at any time. The property is being sold by seller in “AS IS, WHERE IS” condition, without warranty of any nature, either express or implied, including, but not limited to, the nature and/or condition of the property, its acreage and usage, and zoning (other than any representations and/or warranties required as a matter of law). The “As-Is” “Where-Is” nature of such sale shall explicitly, without limitation apply with respect to any environmental and/or contamination issues that the property may have and which may or may not be identified in the Property Information Package or any other materials provided in connection with this auction or otherwise available to bidders. The property and its sale is subject to all conditions, easements, agreements, covenants of record, and other restrictions, if any. No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding the Property. All sales are with the understanding that the buyer cannot rely on any other representation, warranty or guaranty made by anyone. Buyer acknowledges and verifies that he/she has carried out the necessary due diligence to purchase, as properties are sold "as is". The Buyer is required to complete all inspections during the time period of the auction. General Refund Policy Buyer acknowledges and verifies that he/she has carried out the necessary due diligence to purchase, as properties are sold "as is".

Buyer Premium Information

This auction requires that the winning bidder pay a Buyer's Premium of 10.00% 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.

Payment Type
  • Certified/Cashier's Check
  • Wire Transfer
  • Money Order
PLEASE READ CAREFULLY- Bid4Assets Real Estate Buyer Responsibilities

Some sellers buy large "pools" of under-valued properties from banks. The seller may not inspect every property prior to sale. The seller represents these properties to the best of their knowledge. In some rare cases, property may have severe damage or be subject to county/city orders not described in the auction. It is highly recommended that interested bidders arrange for an external inspection personally or through a designate and that they contact the county or city in which the property is located to confirm the status of the property.

Bid4Assets reminds all potential real estate bidders that it is your responsibility to complete all due diligence needed to determine the condition, market value, or investment value of this asset prior to placing a bid. Necessary due diligence items may include, but are not limited to,

  • A satisfactory inspection of the property
  • Completion of a title search
  • Investigating back property taxes and
  • Other - liens and encumbrances such as unpaid utility bills.

By placing a bid, you acknowledge that any statements made by the seller about the condition or market value of the property are subjective, and do not release you from your responsibility to perform due diligence. Please contact Bid4Assets if you believe that a seller is intentionally misrepresenting a property in their auction.

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