ABSOLUTE 

REAL ESTATE AUCTION

Location:
2660 Frembes Rd.
Waterford, Michigan 48329

Auction Date:
Wednesday, April 12, 2017 - 5:00 p.m.

OPEN HOUSE DATES

Sunday, March 26th - 1:30 p.m. -3 p.m.
Wednesday, April 5th - 4:30- 6 p.m.

SNAPSHOT OF PROPERTY DETAILS OF: 

2660 Frembes Rd. Waterford, Michigan
Oakland County
Waterford School District
Parcel: W-13-10-377-020

 ~Additional Details~

 * 9/5/2011 – Vinyl windows installed throughout entire home. (Not including basement). A 35-year transferrable warranty from Wallside Windows was included with paperwork.

•  * 10/26/2011 – 14KW Generac Stand-by generator installed. Has been maintained (oil, plug, filter changes every year since install). Installation of generator included Ditek whole house surge protector (attached to panel in basement) to protect all electronics in house and generator at the same time. Original papers stating what was installed and owners manuals for the automatic transfer switch and the generator.

•  * Central air unit and furnace are in working order.

•  * Sun room has new roof membrane as of 2015 to prevent leaks. Sunroom has it’s own separate furnace and is therefore usable year-round.

•  * Yard is able to be fully fenced if someone doesn’t want to leave on the ramp, otherwise it is handicap/wheelchair accessible.

•  * 14” of cellulose insulation and baffles installed in the past 3 years.

•  * Water softener in basement with reverse osmosis water filtration system under kitchen sink. The under sink unit has had filters changed every year since installation up until 2016

FREQUENTLY ASKED QUESTIONS:

WHY IS THIS PROPERTY BEING SOLD AT AUCTION? 

The current owner has moved out-of-state and is motivated to sell and choses to expedite the selling process.

DO I NEED TO BE "PRE-QUALIFIED" IN ORDER TO BID? 
No. However, it is important that should you be the successful bidder that you will be able to satisfy the balance within 30 days post auction.

Your successful bid is NOT contingent whether you can obtain a loan or not. If you are unable to satisfy the balance due, you will lose your $15,000 earnest money deposit that you put down on auction day.

HOW DO I PARTICIPATE IN BIDDING ON THIS PROPERTY? 

1. First of all, you should do your own due diligence prior to considering placing a bid. Learn all you can about the property and feel free to have a trusted adviser inspect the property.

2. Again, do Your research on the property. The real estate is being sold "as is, where is" with no warranties expressed or implied.

3. Obtain a $15,000 cashier's check made payable to yourself.

4. Anytime on or prior to auction day, you must register for the auction by completing a bidders contract (email us at: Productionline@msn.com for the registration form) - We strongly recommend advance registration. If you are a real estate agent representing a client, we require advance registration.

5. Auction Day! On the day of the auction, all registered bidders for the real estate will gather at a secured location in the home. (Sorry. No spectators. You MUST be registered to be a part of this process.) The auctioneer will ask attendees to open the bidding. You will have the opportunity to bid a higher increment. When the bidding concludes, it is likely the home just found its new owner.

From there, all non-successful bidders will receive their $15,000 earnest money check back. The successful bidder will sign a purchase agreement, sign over their earnest money deposit and the paperwork will be sent to Minnesota Title for processing. You will have 30 days to complete the transaction.