$54,900

3 Beds   1 Bath   1,294 Sq. Ft.   Single-Family
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Sheldon
Climax, MI 49034

*Rental Value Coming Soon

Overview

This Single-Family is located at Sheldon, Climax, MI 49034. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has 3 Beds, 1 Bath , 1,294 sqft of living space.
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Status: Inactive
Listing ID: 29577880
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Learn about Sheldon in Climax, MI

This single-family property is available as a foreclosure at Sheldon. It has 3 bedrooms, 1 bathrooms, and 1,294 square feet of living space. Based on our analysis of the current market conditions in Climax for Sheldon and comparable listings, the estimated market value is still being calculated. If purchased for rental purposes, this property might present an opportunity to make monthly rental income. The rental value will be updated on this listing soon. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Sheldon are updated daily along with others in Climax, Michigan.


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Based on 20% down, 30 year mortgage, with 5% APR

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Interest
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Total Monthly Ownership Cost

All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependant on credit scores, loan timeline, and a down payment amount.

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Property Information

  • Price: $54,900
  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 1,294
  • Lot Size: .60
  • Zoning: Resid
  • Year Built: 1935
  • Day(s) On Site: 4592
  • Comments: Bank Owned. 3 bedroom Bungalow with Deck, Central Air and detached 2 car garage. Seller is selling The Property AS IS''. Buyer is welcome to conduct inspections as provided herein and withdraw from the Agreement in the time provided should Buyer discover anything in the inspections unsatisfactory, in Buyer's sole judgment. However, Seller will not conduct any repairs or provide any remediation or negotiate the sale price under any circumstances. If Buyer wishes to purchase The Property, it will be in the condition in which The Property currently exists at the price currently negotiated. The provisions of this paragraph shall supersede any conflicting provisions in this Agreement. Buyer to verify all data. See more photos or schedule showing at www.MyMichiganForeclosures.com or call Richard Stewart 269-345-7000
  • Sale Type: REO
  • Property Type: Single Family Dwelling

Foreclosure

The property located at Sheldon in Climax, MI is listed as a Foreclosure

Properties like Sheldon in Climax, Michigan listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Climax, MI. The longer lenders own properties like this on Sheldon, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Sheldon
Climax, MI 49034

3 Beds   1 Bath   1,294 sq. ft.   Single-Family

$54,900

Status: Inactive Listing ID: 29577880

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