255, Cherokee St Mobile, AL 36606 | Hubzu
0007142186837
255426
213

Features

  • 4 Beds
  • 2 Baths
  • Size: 2,101 Sq. Ft.
  • Single Family
  • Built in 1930
  • County: MOBILE
  • Subdivision: MIDTOWN
  • 1 Floor
  • Lot size: 10,890 Sq. Ft.
  • Fireplaces
  • Air Conditioning
  • Heating
Title policy issued by Premium Title Services. This property's seller will pay for the buyer's title insurance policies and all related search fees. This lets the buyer have title insurance and related search costs for free by using the seller's choice of Title Provider and Closing Agent. The buyer may choose his/her own Title Provider and Closing Agent, but this costs for the buyer. For more information visit

Description
SPECIAL SERVICING CONDITIONS APPLY

Note: This property is associated with a special servicer. Winning bids and offers for special servicing properties are subject to approval through a third party financial institution and are not guaranteed approval. Bid/offer review and contract generation may take several weeks.

The property at 255 Cherokee St, Mobile, AL is a Residential Single Family property with 4 bedroom(s) and 2.0 bathroom(s), built in 1930 and is 2101 square feet.

Live bidding is ACTIVE for this property, sold in "as is" condition without warranties. Any contingencies are at the sole discretion of the seller and will be outlined during the bidding process. Place your bid now!

The property information provided here is for reference only, but is not guaranteed to be accurate. It is the buyer's responsibility to verify all property information.

Documents

The following documents are available for 255 Cherokee St Mobile, AL 36606:

Neighborhood Info

Listed By

Jerry Gerritsen Real Estate, INC. (251) 635-3180
Jerry Gerritsen
000096799
Last 15 Min Rule
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Starting Bid
Reserve Met: No
Seller sets the "reserve price", which is the minimum bid Seller will consider for the purchase of the property. Once the reserve price is met, bidding continues through the end of the bidding period. The reserve price is not disclosed. Even if the reserve price is met, Seller reserves the right to refuse a Winning Bid and final acceptance of a winning bid is expressly subject to Seller's signature on the Purchase and Sale Agreement.
Financing Considered
Seller considers CONVENTIONAL and CASH financing.
Note: The seller may choose to negotiate with bidders even if reserve isn't met.
Next Bid
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Property Fees

Buyer's Premium: The greater of $625 or % of bid amount
BUYER Pays at Close
Technology Fee : $299
BUYER Pays at Close
Earnest Money : Lesser of $15,000 or 3.0% of bid amount.
BUYER Pays at Bid Approval

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How Closing Works

Learn about the specific closing process for this property.

Take a Look
  • This home is being sold by a financial institution
  • Winning bids and offers are subject to seller and investor review and approval
  • This seller has a very thorough and extensive review process, so offer review and contract generation may take several weeks
  • Once approved, Hubzu will send you an electronic Purchase and Sale Agreement (PSA)
  • The seller assigns a Document Processor to gather signatures from all parties, as well as a Closing Coordinator to track files to closing
  • Within 48 hours of receiving the PSA, you'll sign it and provide the seller with an Earnest Money Deposit
  • Hubzu-related buyer fees are paid at closing