* This is a Foreclosure Auction ordered by HUD. Buyer beware.

* The property sells with a minimum opening bid of $246,941.50.

* The required deposit is $24,694.15 as cashier's check made payable to HUD.

* The real estate is sold As-Is with no contingencies.

* Closing required within 30 days.

* No contract is signed after the auction. A one-page Purchaser Information Form is the only document that is required by the Court. See the Documents section of this listing for the form.

* Buyer pays all closing costs.

* HUD commissioner's Deed or equivalent given at closing.

* The purchaser shall be responsible for those costs, allowances, and taxes that the proceeds of the sale are insufficient to cover. 

* BUYER DEFAULT: Be aware, if you are unable to close within 30 days of court confirmation, your deposit is non-refundable, and you could be liable for other costs and penalties including being found in contempt of court.

* CASH ONLY SALE: All sales are considered CASH ONLY with no contingencies. You MAY be able to obtain financing on properties where interior access is available. Banks and Mortgage Co’s will only lend on properties when they can receive an interior appraisal. Keep in mind, the purchase of the property is not contingent upon the result of the appraisal or being denied for financing. The property is being sold AS IS with no warranties or guarantees.

* BIDDING NOTES:
Bid Increment: Required bidding increment is $1,000 up to $500,000 and $5,000 thereafter. Max Bid: Place your 'Max Bid' in the bid box, click the bid button and select whether you want to raise to your maximum or bid the next increment allowing the system to bid on your behalf up to your max bid. You will be notified by email and or text if your maximum is exceeded by another bidder if you enable texts and emails. Bid Extensions: If a bid is placed in the last 3 minutes before the scheduled auction end time, bidding will extend back out to 3 minutes. Bid extensions will continue until a 3-minute period of time elapses after the stated auction end time with no advance in the bidding.