• Woodstock, GA 30189

  • Vacant Land / REO Foreclosure

Property Details for null St, Woodstock, GA 30189

Facts

Sale Type

This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.

Description

Buyer assumes all responsibility if walking the lot and hold agent/brokers and seller harmless. Seller willing to finance a small portion via a short term loan at 10% interest. Public water. Seller is LLC- owned by real estate licensee in GA/Owner is licensed agent. Right to Redeem has already been foreclosed. Attached docs to listing include Foreclosure of Right to Redeem completed, Legal description, contour map, plat, public water lines. Close to retail shopping, grocery, RX. If buyer desires a quick close, seller can close with Quit Claim deed. In that case seller will not quiet title or insure title. If buyer desires clear title, seller will not begin quiet title process until after buyer's due diligence period is over and earnest money of at least $10,000 becomes non refundable. If seller quiets title it will take about 9 months to close.This lot is a portion of lot 153. No HOA. Close to Mills Creek Park (boating) and outdoor YMCA. 2 miles from Walmart.

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Property Brokerage: HomeSmart 2911 Piedmont Rd. NE Atlanta GA 30305
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All information provided is deemed reliable, but is not guaranteed and should be independently verified.