General Auction Terms

* A $2,000 available credit line is required to HOLD credit card funds as a bid deposit. Certified bank check is required without a 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, with $2,000.00 of that amount in Cash, Credit Card has 3.5% fee) or Certified Funds and the remaining balance paid in a personal check or company check (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)

Online Real Estate Auction 




​7747 Sherwood Street

​​​​​Detroit, MI 48211​

(Bid Extension on in 5 minute increments for last minute bidding)

Online Real EstateAuction

7747 Sherwood Street

Detroit, MI 48211

Preview property with a Licensed Real Estate agent of your choice.


All property 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 begins Tuesday, July 20, 2021 at 1:00 pm 

  

Bidding ends Thursday, July 22, 2021 at 1:00 pm


Starting Bid $15,000.00

List price is for MLS search only, it is an AUCTION

Plan Now! BID YOUR PRICE! 

  

 A $2,000 available credit line is required to HOLD credit card funds as a bid deposit.

Certified funds required in lieu of CC funds.
Please see Credit Card Authorization page on our website


* 10% Buyer's Premium based on High Bid Price applies to all BippusUSA.com Auctions.


A 10% down payment is due day of sale with signed contract, 60 Days to close.

Any credit card processed for payment will incur an additional 3.5% fee.


Seller provides a warranty deed, title insurance, tax pro-ration, and transfer tax.

This is not a foreclosure sale of any kind. Other terms apply.


List price is for MLS search only, it is an AUCTION

Enter Auction platform to register and participate in the Real Estate Auction
​(We recommend you book mark the auction link)

All property information is available on this page and in the PIP document
​There is no new property information in the auction platform

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.

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Property Features: 930 sf Built in 1916, 1 story, 2 bed, 1 bath, Basement, One-space Garage, NGFA heat, .06 + Acres



Lot Size: 30' x 92' 
Taxes: $585 (2020) 

SEV: $6,300 (2020)
Closing: 90 days with Probate Court Approval




​Directions:  

10 minutes from downtown Detroit, Head North on I-375 Take I-75 N and I-94 E to E Edsel Ford Service Dr/I-94 Svc Rd, Take exit 217B from I-94 E Turn right onto Harper Ave, Turn left onto Sherwood St., destination on the left.



Click on our Property Information Packet (PIP) below for more details and pictures.​ 

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.

BippusUSA.com

Anchor Trade Center

11811 Anchor Lane

Three Rivers, MI 49093

800-686-6416

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