Showing posts with label lake havasu city real estate. Show all posts
Showing posts with label lake havasu city real estate. Show all posts

Thursday, May 20, 2010

Bullhead City, Fort Mohave, Lake Havasu City Az REDC Auction March Homes Sales

Bullhead City, Fort Mohave, Lake Havasu City Az REDC Auction March Homes Sales
Monday Evening March first REDC held another auction at the River Valley High School. The REDC auction went very smoothly with eleven Bullhead City, Fort Mohave and Lake Havasu City homes being sold. A 3,000 square foot home on Sundial in Sunridge Estates of Bullhead City sold for only $170,000. A three bed two bath manufactured home in Sun Mission Resort in Bullhead City sold for only $50,000 and was listed in the local mls for $94,900. A beautiful 1067 square foot condo in Roadhaven Marina Condominiums Bullhead City Az sold for only $45,000 a $25,000 discount to its mls asking price. A newer 1558 square foot three bed two bath pool home located in Lake Havasu City sold for only $175,000 at the auction. Another pool home in Lake Havasu City sold for only $100,000. A 1639 square foot home, that needed some work, located in Sun Valley Fort Mohave Az sold for only $70,000.
One major thing to remember with any of these homes or the real estate offered at these auctions is that a buyer is expected to complete his/her due diligence; inspections; prior to the auction. Each property is sold “as is” without any inspection period after the auction unlike a normal re-sale home or foreclosure home sale. Both do offer clear title to each property as well as financing to specified homes that they auction. There is also a 5% buyers premium added to the winning bid of the real estate sold at REDC auctions, so if you have a winning bid of $150,000 remember there will be an additional $7,500 or 5% added to that final purchase price.
If you would like more information or assistance on upcoming auctions or on foreclosure properties feel free to send me a message or give me a call.

Bullhead City, Fort Mohave, Lake Havasu City Az REDC Auction April Home Sales

Bullhead City, Fort Mohave, Lake Havasu City Az REDC Auction April Home Sales
Monday evening April 12th REDC held another real estate auction at the River Valley High School. The REDC auction went smoothly as usual with eight Lake Havasu properties; and six Bullhead City Fort Mohave area properties up for auction. One major thing to remember with any of the homes or any other real estate sold at auction is that the buyer is expected to do their due diligence prior to the auction itself. There is NO inspection period after the auction; all properties are sold in ’As Is” condition. They do offer clear title to the properties as well as offer financing on some of the homes available at the auction. There is also a 5% buyers premium added to the winning bid for all real estate sold at REDC auctions.
Here are some highlights of the homes sold at the recent auction;
8707 Sycamore a 4 bedroom 2397 sq. ft. home in Mohave Valley sold for $117,500 at the auction, it had been listed for $164,900 on the local MLS.
A four plex at 2807 Colibri in Bullhead City listed for $156,900 on the local MLS sold for $137,500 at the Auction.
2988 Camino Del Rio a 3/2 1664 Sq. Ft. town home in Bullhead City listed for $135,000 on the local MLS sold for $120,000 at the auction.
An older 3 bedroom 3097 Sq. Ft. home in Lake Havasu City , which needed some work, listed for $205.900 on the local MLS sold at the auction for only $110,000.
A 3 bedroom home with a pool @ 1540 Sq. Ft. living area in Lake Havasu City listed for $119,900 in the local MLS sold at the auction for only $60,000.
If you would like assistance on upcoming auction properties or area foreclsoures feel free to give me a call or send me an email. Steve Kuncho 928-234-9560 stevekuncho@bhcrei.com