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Yes: This home has been listed been listed on E-bay 3 times. 2 of which were 30 day listings and one for 10 days.
Yes: We had thousands of lookers
Yes: We had bidders of which 90% were new to E-bay with zero ratings. The first winner was to pay 10% down and informed us he was in Afghanistan and asked us for some time before he returned. We had other bidders but allowed him more time due to his situation. By the time he informed us he would be there for almost a year we had lost the other bidders.
Yes: Again a 30 day listing with the same results. Tons of lookers and over 19 bids. The winning bidder emailed us for a fast closing and expressed to us he wanted to move in immediatly. He never sent a deposit nor did he have the funds to close.
Yes: Another 10 day listing with 2 apparent qualified bidders and 1 day later retracted for no apparent reason. After that we had 7 days of "Is this a gimmick"? The people who bid never saw the property nor asked questions. Just withdrew bids.
Yes: One More Time!!!
Owner Financing with Simple Terms. Bring your tooth brush and move right in.
$64,995.00 25% down ($16,250)
Balance of $48,745 20 years at 6.99% $377.63 per month
Or CASH $59,995
Please read this auction in its entirety. Please do not bid unless your ready to purchase If you are new to E-bay, have a rating of less then 10, 98% have no feedback or have negative feedback please contact us first before bidding If you contact us you will find us accommodating, if you don't your bid will be canceled. Please do not bid unless your ready to purchase. You are bidding on the closing costs and down payment. The balance will be financed by us.
Location: This area is great for a winter getaway or perfect for a permanent home. It is located in Hobe Sound, Florida off Federal Hwy-US-1 between Palm Bch to the south and Stuart to the north. As you can imagine boating, fishing, and golfing are minutes away. Or you can go sit in the sand on one of Florida's most beautiful beaches in Hutchinson Island, which is 20 minutes away! Cambridge Manor is an upscale active community with a wonderful clubhouse and loads of activities.
Property Description: This older but well maintained spacious double wide manufactured home was built in 1979. This is a 2 bedroom 2 bath with 1152 sq ft of living space. It includes a master bedroom with a queen size bed, dresser and large walk in closet and full bath. The guest bedroom has a closet, single bed with nightstand, full bathroom w/tub. The kitchen has Refrigerator, Range, Microwave, pots pans, dishes and silverware. There is a nice breakfast bar with three high chairs. There is a dining room with table and 4 chairs. The 23 x 12 living room has sofa, chair, and coffee table. All drapes and blinds are included. This home has both central air and heat. There is also a 26 x 12 carpeted Florida room which is furnished. The washer and dryer are in the 12 x 11 utility room. Everything you see in the pictures is included. The clubhouse has a an exercise room, shuffle board and swimming pool.
This home is ready to move in and enjoy the beautiful south Florida climate.
Restrictions: Restrictions are fairly minimal. Cambridge is a 55+ year retirement community. The real estate lots are owned not rented. The only Cambridge association fee for 2007 was $671.00 yearly fee which includes yearly cable TV. and special assessment. Pets are allowed. The home and 50' x 100' lot are being sold to settle an estate. There are no real estate or any other fees that are in excess of the $900.00 closing cost fee which is the fee you start your bid with. If you have questions please e-mail us. We will be happy to provide a phone# if you wish to speak with a person.
The total price for this home and lot is only $69,900.00
Please note that the starting bid of $900.00 is for all closing cost. Anything over that will go towards a down payment.
The balance will be financed by us.
Financing Options
We are providing 100% owner financing for this auction, interest rate with nothing down starts at 11.5% and can be bought down. For every 5% put down on the property the interest rate is lowered 1% to as low of 6.5%. Examples of payments are as follows:
No money down is $735.84 monthly at 11.5%
5% down ($3,450) is $654.44 monthly at 10.5%
10% down ($6,900) is $578.85 monthly at 9.5%
15% down ($10,350) is $517.66 monthly at 8.5%
20% down ($13,800) is $444.69 monthly at 7.5%
25% down ($17,250) is $393.29 monthly at 6.5%
These payments are amortized over 20 years with a 5 year balloon. You can go shorter depending on your budget. Anything paid over the monthly payment goes towards the principle. There are no prepayment penalties. A warranty deed will be provided when lot and home are paid off.
The State of Florida appraised this property last year at over $100,00.00. We contested the state value and received a lower appraisal at approximately $80,000.00.
Please bidders if you are new to E-bay, have a rating of less then 10 or a feedback score of less then 98% or have no feedback or negative feedback, please contact us first before bidding. If you contact us you will find us accommodating, if you don't your bid will be canceled. Please do not bid unless your ready to purchase.
**Bonus**
If the winning bidder wants to buy this outright for the $69,900.00 we will take off 5% off price.
*PLEASE NOTE THE TRUCK SHOWN IN THE PICTS IS NOT PART OF THIS AUCTION
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