Featured Property

LTV @ 18% ARV: $110K Wholesale: $20k [Midtown Historic District]

Starting Bid: $40,000. GREAT INVESTMENT PROPERTY OR STARTER HOME THAT JUST NEEDS COSMETIC UPDATES [FLOORS REFINISHED, PAINT, KITCHEN/BATH/CLOSETS & CEILING UPDATING] TO MAKE IT PERFECT.

BEAUTIFUL HOME IN HISTORIC DISTRICT OF MIDTOWN. LOVELY HARDWOOD FLOOR. CLOSE TO MCLEAN NEAR RHODES COLLEGE.  GREAT BUY FOR THE PRICE. GREAT MIDTOWN HOME.  THE PERFECT INVESTMENT PROPERTY.

Zillow Price [Zestimate] $108,300

Tax Assessed Value          $128,900

Rent Range                           $850-$950

Comps                                    $105,605

Renovations                         $5,000

Monthly Taxes                    $ 194

Inspection Date: [complete form to the right to schedule your inspection time]

Home will be sold Sunday night to the highest bidder.

How to Buy

These properties sell very fast and are on sold on a first come first serve basis, so if your interested and would like to put this property under contract please fill out the form to the right and we will get you a contract and schedule an inspection.  Or you can[password-protect]

CALL MIKE TODAY at (901) 209-9180

789 N Belvedere St Memphis, TN 38107
Click Here for Appraisal

806 Belvedere across the street is currently listed for $108,000. Click here to view listing.

Bid Deposit: $2,500

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.  The high bidder will pay the Bid Deposit upon signing the sales contract.

Inspection

All inspections must be done prior to the auction date.  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.

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.

Broker Participation

All licensed real estate brokers are encouraged to participate by informing your buyers of this auction. Buyer will pay a commission to the licensed and qualified broker whose buyer is the successful bidder at the auction, and whose buyer purchases the property.

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[/password-protect]

To view the property fill out the form to the right or call the number above.