BidProwl Summary
This is a single-family residential property in Montgomery, AL being sold as-is with occupied status and no pre-closing access permitted. HUD Second Chance homes attract owner-occupants seeking discounts and investors flipping distressed properties, though the occupied status and lack of inspection access create risk. Verify all UCC liens on title, confirm closing timeline fits your needs, get a title estimate from local counsel before bidding, and understand you're buying completely blind with no contingencies.
AI summary of the seller's listing; it may occasionally contain inaccuracies. Check the full description and inspect before bidding.
Description from Auction Network
SPECIAL NOTES
This transaction is NOT contingent on financing.
Seller to pay Taxes, HOA, and Municipal/Utility Liens.
Buyer will be responsible for the payment of all UCC liens of record on the property.
Bids below the reserve may be presented to the seller for consideration.
Please read the Williams and Williams disclaimers carefully before placing a bid or submitting an offer.
The subject property is reported to be Occupied. Buyers will not be permitted to access the property prior to closing.
Buyer will not be charged a Buyers Premium or Auction Service Fee
Buyer agents welcome. Please Contact for Commission Scale.
Buyer is responsible for all escrow and closing fees typically ranging from $750-$3000. It is the Buyers 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 sellers 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 buyers 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 didnt sell to a new homeowner at the Foreclosure Auction. During this Second Chance auction period, Seller advises the home is discounted below Sellers appraised value. This is a limited time opportunity
