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Residential
2 Beds
1 Bath
951 ft2
0.02 ac
Riverside County
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Opening Bid $180,000
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This seller will entertain pre-auction offers. Offers will require a signed contract and earnest money down payment
Auction Starts Aug 5
Current Bid $180,000
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Current Increment:
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Remaining Time: 16 Days, 13:59:26
Property Details
Beds
2
Bath
1
Living Space
951 sq ft
Lot Size
0.02 ac
Year Built
1982
Property Type
Residential
Sub Type
Condo/Townhouse/Co-op
Product Type
Second Chance
Property ID
401900
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Auction Starts: 9:00 AM CT Tuesday, August 05, 2025
Auction Ends: 11:05 AM CT Thursday, August 07, 2025
Description

<font color="red"><b>OCCUPIED - DO NOT DISTURB OCCUPANTS</b></font>


SPECIAL NOTES 1. This transaction is NOT contingent on financing. 2. Seller to pay Taxes, HOA, and Municipal/Utility Liens. 3. Bids below the reserve may be presented to the seller for consideration. 4. Please read the Williams and Williams disclaimers carefully before placing a bid or submitting an offer.
  • Buyer will not be charged a Buyers Premium or Auction Service Fee
  • Buyer's Agent Commission: Not Offered.
  • Buyer is responsible for all escrow and closing fees typically ranging from $750-$3000. It is the Buyer's responsibility to contact a local title agency or real estate attorney for a property specific estimate prior to placing a bid.
  • Closing must occur on or before 30 days from seller's acceptance of offer.
  • Buyer is responsible for obtaining possession of the property after closing.
  • The property is being offered As-Is, Where-Is, without any contingencies.
  • Seller will agree to transfer title via Special Warranty Deed (or jurisdictional equivalent) if buyer secures title insurance, at buyer's expense, without delaying the closing date. If buyer does not purchase title insurance, Seller will transfer the property via quit claim deed (or jurisdictional equivalent).
This is a HUD Second Chance home auction - Second Chance means it didn't sell to a new homeowner at the Foreclosure Auction. During this Second Chance auction period, Seller advises the home is discounted below Seller's appraised value. This is a limited time opportunity

Open Public Inspections: Property is Occupied and will not be available for inspection.

Property Disclosures
  • Property is being sold in an "as is" condition, and the condition is unknown and may include defects, possible health or safety hazards, or debris, or be located in a Special Flood Hazard Area.
  • Proof of Funds Required. The seller requires that the high bidder be able to demonstrate proof of funds or financing pre-qualification within 24 hours of the auction. Buyer must obtain a "pre-qualification" letter from a lender of their choice. If buyer intends to pay with cash, a bank letter or other financial account statement showing proof of sufficient funds to cover 100% of the purchase price will be required (account numbers should be removed or redacted). Buyer understands and agrees to submit said documentation to auctioneer within 24 hours of the auction.
  • Utilities Disclosure. The utilities to this property are not currently "turned on" and the property may be winterized. Utilities will not be turned prior to closing, regardless of inspections. Buyer will need to consider this and account for it if/when inspecting the property. Buyer is responsible for utility transfer post-closing.
  • Buyer understands and acknowledges that square footage, acreage, and/or bedroom and bathroom count for the building sited on the property is based on an appraisal or county assessor information. Buyer further understands and acknowledges that measurements/acreage/count can vary from a few feet to several hundred feet regardless of source (County Assessor's records, appraisal, or appraisal measurement report, etc.) and that said sources may contain erroneous information or measurements/acreage/count. Buyer should conduct their own investigation and satisfy that the size and/or square footage, acreage, and bedroom/bathroom count of the dwelling/building is acceptable to the Buyer prior to placing any bid or offer on a property.
  • By placing a bid or offer on a property, Buyer is accepting the property in "as-is where-is condition" and agrees to be bound to the bid or offer should a discrepancy arise.
  • Occupied Property Disclosure. Buyer acknowledges and understands that property herein is reported to be occupied. Buyer accepts responsibility for eviction, lease or rental negotiation, or other remediation, as Buyer finds necessary in order to clarify legal occupancy status. Buyer agrees to hold Seller, Williams & Williams, and its agents harmless from any and all results therein.
  • Occupied Property and Utility Usage Disclosure. Buyer acknowledges and understands that property herein is occupied and utilities have not been disconnected. Buyer accepts responsibility for eviction, lease or rental negotiation, or other remediation, as Buyer finds necessary in order to clarify legal occupancy status. Buyer further shall be responsible for payment of utilities consumed and used by tenants. Any collection or reimbursement of said utility payments by tenants shall be the sole responsibility of the Buyer. Buyer agrees to hold Seller, Williams & Williams, and its agents harmless from any and all results therein. Buyer is advised to conduct a thorough investigation of the property;s utility usage and any associated costs and expenses associated with usage.
  • Association Disclosure. Buyer acknowledges and understands that property is bound by the assessments and restrictions of a condo/home/property owners association, and Buyer agrees to be bound by same. Buyer agrees to assume any special assessments that may be payable in installments that are not yet due. Dues are approximately $360 per month and are subject to change.
    • Legal Description
    UNIT 125 CM 036/024 INT IN COMMON IN LOT 1-9 OF TR 12986 MB 113/3
    Licensing
    CA Jennifer Diane Stein, Lic. No. 01507135.
    Quick Terms
  • Occupied
    • "As-Is, Where-is", no contingencies to sale
    • Close within 30 days of seller acceptance
    • No Buyer's Premium
    • 1% Down Payment ($1500 minimum)
    • View full Terms of Sale
    Documents
    PDFSampleContract.pdf
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