Thursday, May 20, 2010

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

No comments: