Bank Owned at Auction. Need to check this one out!

By
Real Estate Broker/Owner with RICOASTALLIVING.COM

If you haven't seen this house it's because it is on Auction.com. This is a great home in good condition. It's being offered at $171,475 and you must be registered on the website in order to bid.

The address is 8 Jackson Street,Warwick, RI 02888 and features 3 bedrooms, one and 1/2 baths and a partially finished walkout basement. The rear yard has been professionally landscaped and a little care will bring it back to it's former beauty.

It has gas heat and is located at the end of a dead end street.

In order to bid you must sign up for an Auction.com account. Then you need to upload your proof of funds. If you plan on using a mortgage, you will need to prequalify and everything is there to do it all online. You do not need to use the online company for your mortgage but you do need to put in your information so they can get you qualified. You may want to contact a Realtor to help you bid.

Bidding is similar to EBAY bidding as there is an unknown reserve, but this house is a diamond in the rough and not your usual Reo type property. All sales are AS IS. This home is only 14 years old and needs minor touchups.

 

 

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Opinions are of Karen Hurst, Broker/Owner of Stonehurst Realty only. For a free consultation, visit me at Stonehurstrealty.com and find out if this is your time to buy or sell!

Click on  to find me and decide.

If you are looking to sell, we can provide you with the latest stats for the market value of your home.

We specialize in bayside communities in all of Rhode Island

Contact me at Oceanstatehomes@gmail.com

 

 

 

 

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Topic:
Home Buying
Location:
Rhode Island
Groups:
Rhode Island Real Estate
REO REALTORS
Tags:
warwick ri house for sale

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Rainmaker
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Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in North Kingstown RI and beyond

Karen, I dislike Auction.com...they are a rip off and although BOA is pushing it...I have had associates who have been bullied by this site...can't say I would go near it...cute location and I'm sure you will get it sold!

Jan 20, 2014 08:08 AM #1
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Karen Hurst
RICOASTALLIVING.COM - Warwick, RI
Rhode Island Waterfront!

Hi Ginny, Actually this is from Nationstar and it got a good offer over the weekend. However, I can't say the commission is anything to write home about!

The house itself was a great deal!

Jan 21, 2014 10:34 PM #2
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703,763
Jill Sackler
Charles Rutenberg Realty Inc. 516-575-7500 - Long Beach, NY
LI South Shore Real Estate - Broker Associate

I have no experience with auctions on line but I enjoyed reading about the process. Great price for a house that size.

Jan 29, 2014 04:10 AM #3
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