(Mountain Time)                Bidder Registration

INVESTOR PROPERTY
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Listing ID: 115041 
Status: Deleted
614 Clinton Ave ~ Albany, NY Multi-Family 2-4 | Tenant Occupied
Current Bid: $3,120 
Number of Bids: 13 Bid History
High Bidder: Fabio
Time Remaining
DaysHoursMinutesSeconds
- - - -
 
Bidding Opens: Jan 10, 2012 10:31 AM
Bidding Ends: Jan 31, 2012 11:00 AM  (Mountain)
Starting Bid: $1,000
Contact: Zarak Ali
See Terms Below for Bidding Instructions
 
Contact Info Address Info Property Info Pictures Description Bidding History Questions Terms
Rental Info


Contact Information
Contact Type: Owner
Contact Name: Zarak Ali
Agency Name: Albany International Auction and Realty
Contact Phone: (518) 703-5498
Showings: Open House - See Description


Address Information
Street Address: 614 Clinton Ave
City: Albany
State/Province: NY
Postal/ZIP Code: 12206
Country: United States
Map:
Click for Expanded Google Map / Directions 

Property Information
Property Type: Multi-Family 2-4
Category: Tenant Occupied
Square Footage: (Approximate)
Lot Size:
Year Built:
Taxes:
MLS/FMLS ID: NA

Picture Gallery

Description

2 family 4 bed 2 large bath CURRENTLY RENTED!

Social Services will pay landlord $700 per floor($1400 monthly income)

New plumbing, Roof in excellent condition

January 21 open house 1pm to 2pm/ Jan 31 open house 1pm to 2pm

Must have Bank letter to Bid

Sold As Is/ 10% buyers premium

High Bidder 10% down with 30 day closing

Auctioneer-Col. Ali 518-703-5498

RE BROKERS 2% COMMISSION IF YOU BRING THE WINNING BIDDER


Rental Information
Total Units: 2
Units Rented: 2
Monthly Income
Total Rent: $1,000
Additional Income:
 Monthly Expenses
Insurance:
Property Mgt. Fee:
Utilities:
Additional Expense:

Bidding History
BidderBid AmountBid TimestampAuto-Bid
Fabio$3,120 Tue - Jan 31, 2012 10:11:00 AM
Gabriel$3,020 Tue - Jan 31, 2012 10:08:30 AM
Fabio$3,000 Tue - Jan 31, 2012 10:07:03 AM Auto-Bid
Fabio$2,750 Tue - Jan 31, 2012 10:07:03 AM
Gabriel$2,650 Tue - Jan 31, 2012 09:59:15 AM Auto-Bid
Gabriel$2,600 Tue - Jan 31, 2012 09:59:15 AM
Fabio$2,500 Tue - Jan 31, 2012 09:18:16 AM Auto-Bid
Fabio$2,200 Tue - Jan 31, 2012 09:18:16 AM Auto-Bid
Gabriel$2,100 Tue - Jan 31, 2012 09:58:59 AM
Fabio$1,500 Tue - Jan 31, 2012 09:18:16 AM Auto-Bid
Gabriel$1,400 Tue - Jan 31, 2012 09:58:48 AM
Fabio$1,100 Tue - Jan 31, 2012 09:18:16 AM
Gabriel$1,000 Fri - Jan 27, 2012 02:30:13 PM

Questions
 
Question: Do the tenants pay their own utilities?
Answer: Yes, the tenants pay their own utilities.

Terms
  1. To bid on our property, you must be of legal age to enter into contract to purchase real estate (18 in most states, 21 in others). If you're in doubt about the legal age to enter into contract in your state, please consult with competent legal counsel before bidding.
  2. While auction is "active", all bids MUST be placed online.  Written offers will not be accepted.
  3. Winning bid is subject to seller approval.
  4. Buyers Agent commission of 2% is being offered.
  5. All bids are placed in US Dollars.
  6. If you are outbid by another bidder, you will receive an email notice so you can return and increase your bid if you so desire.
  7. The bidding will be open and everyone will have access to the bid history during the auction.
  8. As the auction nears the ending time it will auto-extend until bidding is silent for 2 minutes.
  9. If there is more than one high bid at the same level (a tying bid), the bid first submitted will be honored.
  10. The high bidder will be notified via email after the auction ends. 
  11. Sale is “as-is”, "where-is". Seller will not fix anything.
  12. Before auction ,  bidder will be asked to obtain loan pre-approval or show proof of funds winning bidder willsign a sales contract at the winning bid amount and based on the terms described here within 1 day of online auction.
  13. Closing will take place at seller's and winning bidder's agreed upon title company within 30 days of signing the contract.
  14. When contract is signed, winning bidder will pay 10% down earnest money
  15. Winning bidder may, at their option and expense order a title examination and insurance.
  16. Seller will include the following personal property in the sale: None
  17. Seller will exclude the following real property from the sale: None
Buyer Premium: 10.0%
This fee is added to the winning bid amount and is paid by the Buyer. High Bid + Buyer Premium = Selling Price.

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