1534 E Raines Rd, Memphis, TN 38116, USA
Homebids Bid online at usahomebids.com. Starting Bid $90,000
Buyers and agents can bid online anytime from the beginning to the end of Homebids!
Once the seller will accept the winning bid everything follows just like in any regular sale, the buyer will go in escrow with all buyer’s contingencies and inspections time frame. For more information contact Listing Agent!
SELLER RESERVES THE RIGHT TO ACCEPT, COUNTER OR REJECT ANY BID!
Open house dates: 06/13/20 12:00-2pm
Buyer’s Premium 3% (built in the sales price). Buyer’s premium will be added on top of the winning bid which shall establish the final sales price. Highest Bid + Buyer’s Premium = Sales Price!
The winning Bidder shall provide a purchase contract within 24 hours from the time of acceptance of the winning bid by the seller. If the buyer will not provide the purchase contract within the time frame specified above, the seller reserves the right to accept other offers!
Notice to winning Bidder If you are one of the bidders selected by the seller to submit a purchase contract at the end of the bidding process and back out without submitting a purchase contract, you may be liable for a $500 withdrawal penalty fee charged to the credit card you provided for identity verification. If you did not provide us with a credit card, we may invoice you for that amount.
For information on how to get approved and bid online Click Here!
Auto Bid Option – You can bid the maximum you are willing to offer for this property. The system is designed to raise your bid in increments only as high as necessary to overbid others and only up to your maximum. Example: If current bid is $100,000 and you bid $150,000, you will become the highest bidder, but the system will raise currnet bid only to $101,000. If someone bids $102,000, the system will automatically increase your bid to $103,000 and keep you the highest bidder. If someone places a higher bid, say $120,000, the system will automatically increase your bid to $121,000 and so on. However, if someone places a bid of $151,000 or greater, they will overbid your maximum and become the highest bidder as the system will no longer increase your bid. The system will notify you of all changes via email.
Auto Bid Increment – For this property is $500
Bidding Auto Extend – If someone bids within 5 minutes till the end, the system will automatically extend the bidding time by 10 minutes in order to give other parcticipants a chance to respond.
Attention Winning Bidders! – If You Are The Winning Bidder: Please have your agent submit a signed purchase agreement to the seller within the time specified in “sale terms and conditions” (please see the posting details). If you do not have an agent, please Contact Us.
Information deemed reliable but not guaranteed and subject to change without notice!