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3315 Lockwood Street
Detroit, MI 48210
The property described is being sold in “AS-IS, WHERE IS” condition subject to “ALL FAULTS”.
Neither BippusUSA.com nor the Seller or their respective agents make any express or implied warranties of any kind. This listing may be withdrawn and/or modified without notice at any time.
Online Real EstateAuction
Starting Bid $10,000.00
3315 Lockwood Street
Detroit MI 48210
Preview property prior to auction with a Licensed Real Estate agent of your choice.
All property and auction information is available on this page and in the PIP document below.
No new property information is in the auction platform.
All bidding is Online through auction link on this page below.
We recommend bookmarking the auction link.
Bidding Ends Wednesday, November 30, 2022 at 12:00 pm Noon
List price in MLS is the starting bid, it is an AUCTION
Plan Now! BID YOUR PRICE!
A 10% Buyer's Premium based on High Bid Price applies to all BippusUSA.com Auctions.
A 10% down payment based on High Bid Price is due immediately at the conclusion of the auction with signed contract, 60 Days to close with Probate Court Approval
Seller provides a clear warranty deed, title insurance, transfer tax, and tax pro-ration.
This is not a foreclosure sale of any kind. Other terms apply.
Municipal Inspections: It is the buyer's responsibility to pay for and obtain all required municipal inspections, make required repairs, and obtain any certificates of occupancy, including payment for the same.
The registered bidder is legally and financially responsible for all parcels bid upon whether representing oneself or acting as a representative.
Highly recommended Realtors DO NOT register to bid on the buyer's behalf.
Parcel ID:16-010568-9 - Wayne County
Legal Description: Lots 130 and 131, McMillans & Whitings Subdivision, according to the plat thereof, as recorded in Liber 14 of Plats, Page 98, Wayne County Records.
Property Features: 2,367sf 2 story Bungalow, 1,151 Base, Built 1905, 3 Bedroom, 2 Full Bath, detached one space garage, wood siding, FA not ducted, .16+ Acre
Lot Size: 60' x 114'
Taxes: $600(2022) SA $120 Solid Waste fee included in summer tax bill
SEV: $19,800 (2022)
Closing:90 Days with Probate Court Approval
Directions: South of US 12, Michigan Ave and Otis St. on Lockwood St East of Junction Ave.
Steps to Participate in Timed Online Auction - All links are available on this page:
1) Read all information provided, do your own research, plan your budget
2) Register to bid and agree to Terms & Conditions in the auction platform
3) Place a $2,000 HOLD on Debit/Credit card funds to be approved for bidding
4) Participate in bidding during timed online auction
Click on our Property Information Packet (PIP) for Terms & Conditions and all information.
Enter Auction platform to register and participate in the Real Estate Auction (We recommend you book mark the auction link)
A $2,000 available credit line is required to HOLD debit/credit card funds as a refundable bid deposit to be approved for bidding. Certified funds required in lieu of debit/credit card funds.
We recommend bookmarking the online auction platform page.
The online auction mimics a live auction. You will always know where the bid is at. Once the bidding opens, you may bid as often as you like or set and change your maximum bid.
Bid Extension is on in 5 minute increments for last minute bidding at 12 pm on Wednesday, November 30, 2022. No one is allowed to swoop in at the last minute without all bidders having five minutes to respond.
This means the auction will continue in 5 minute increments as long as bidding continues in each 5 minutes. The auction ends Wednesday at 12pm or after no one bids in the next 5 minute increment.
Realtor remarks: All information is deemed reliable but not guaranteed. Buyer and or buyers agent to verify all information.
General Auction Terms
* A $2,000 available credit line is required to HOLD debit/credit card funds as a bid deposit. Certified bank check is required without a debit/credit card.
* 10% Buyer's Premium based on High Bid Price applies to all BippusUSA.com Auctions.
* A 10% Down payment is due immediately following the sale paid in a personal or company check or wire transfer (Minimum down payment is $2,000.00, per property).
* Closing will be in 30 Days. For those properties needing Probate Court Approval, it will be 60-90 Days to closing.
* Although you do not need a Real Estate Broker to purchase property at auction, should you decide to have one, we offer a Co-Broke, details regarding this are found within the Property Information Packet (PIP)
Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
Disclaimer: Information contained herein is believed to be correct to the best of the auctioneer/agent’s knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representative and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.
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