Featured Property

*Pending! No Longer Available!* 7255 Rose Trail Memphis TN 38133 | 3Bd/2 Ba Home |Wholesale Deal ~ Not a Gut Rehab!~

*Pending! No Longer Available!*

Asking: $15,000 Or Your Best Offer. GREAT INVESTMENT PROPERTY THAT ONLY NEEDS CARPET, PAINT, AN A/C UNIT, A KITCHEN PIPE REPLACED, AND WOOD REPAIR.

BEAUTIFUL HOME IN BARTLETT AREA. LOVELY HARDWOOD FLOOR. CLOSE TO I-40, GREAT LOT WITH PLENTY OF ROOM. GREAT BUY FOR THE PRICE. GREAT BARTLETT HOME.  THE PERFECT INVESTMENT PROPERTY.

Zillow Price [Zestimate] $69,900

Tax Assessed Value          $93,800

Rent Range                           $850-$950

Realtors Starting Point        $73,000

Renovations                          $15,000

Inspection Date: Inspection Saturday Dec. 3rd & Sunday Dec. 4th from 2 p.m. till 4 p.m.

Home will be sold Sunday night to the highest bidder.

CALL MIKE TODAY at (901) 209-9180

Bid Deposit: 10% of Winning Bid

Bid Deposits will be accepted in the form of cash, cashiers checks or personal check with a bank letter guaranteeing the amount or a combination of these payment types.  Please make the cashier’s check(s) payable to yourself. In the event that you are the high bidder, you will simply endorse the check to Memphis Houses Online as a non-refundable bid deposit. In the event you are not the high bidder, your cashier’s check will be returned to you, and you may simply deposit it into your account. The high bidder will pay the Bid Deposit upon signing the sales contract at the auction.

Inspection

All inspections must be done prior to the auction date.  Inspection Dates are published on our website.  You may hire your own inspector at your expense to inspect the property.  Call our office to make an appointment for the inspector to visit the property at least twenty-four (24) hours in advance. Please do not bid on any property until you have thoroughly inspected the property.

No Contingencies

All auction properties are sold in “as is” condition.  No purchase shall be contingent on financing or any other contingencies.  Potential buyers are given ample time to inspect properties prior to auction. Terms and conditions are preset and non-negotiable.

Buyer’s Premium

A buyer’s premium of ten percent (10%) will be added to the high bid to determine the total price to be paid.

Broker Participation

All licensed real estate brokers are encouraged to participate by bringing your buyers to the auction. A commission will be paid to the licensed and qualified broker whose properly registered buyer is the successful bidder at the auction, and whose buyer purchases the property. Brokers must register their prospective buyer on the required Broker Participation Form (completely filled out and signed). The form may be obtained by calling 901-209-9180. This form must be submitted to Memphis Houses Online no later than 24 hours prior to the Auction.

Closing

The successful bidder will sign a real estate sales contract after the auction.  The entire purchase price must be paid by Cashier’s or Certified Check, or wired funds at closing. The closing shall take place not later than thirty (30) days after the auction.  Closing attorney for both parties will be:

Sharon Anderson

46 Timber Creek Dr.

cordova TN 38018

901-757-1600