1263 Magnolia Pl, Birmingham, AL 35215

Auction Starts: 9:00 AM 7/23/2018 Auction Ends: 12:25 PM 7/25/2018 Nominal Opening Bid: $17,000. 2BR 2BA 1,286+/- sf 1-story single-family. Built in 1983. Approx .23ac lot. * Buyer will not be charged a Buyers Premium or Auction Service Fee. * Broker co-op available. * 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. NoBuyersPremium Broker Licenses: AL Daniel Nelson RE LIC 94692-0; Thomas Barnes 1024