BidNet Direct #26-499

Genesee County Real Property Sale: 11820 N. Saginaw St., Mt. Morris, MI

Genesee County is offering a real estate sale opportunity for a property in Mt. Morris, MI: - Government Buyer: - Genesee County, Department of Fiscal Services, Purchasing Department - Purchasing Administrator: Derrick Jones - Property Details: - Address: 11820 N. Saginaw St., Mt. Morris, MI 48458 - 27,420 sq. ft. land parcel with a 3,648 sq. ft. masonry building (formerly a district court) - Sold strictly 'AS IS' with no warranties - Minimum bid: $230,000 - Bid and Sale Requirements: - Sealed, physical bid submission required - $20,000 non-refundable earnest money deposit due within five business days of selection - Buyer responsible for all closing costs and transfer fees - Closing must occur within 60 days of bid acceptance - Title accepted subject to existing encumbrances, restrictions, and easements; no owner's title insurance provided - Property may be subject to rezoning; appraisal report available for review - No OEMs or vendors are specified, as this is a real estate transaction - Notable: The property is being sold by a local government entity, not a federal agency

Description

Genesee County is soliciting bids from qualified individuals or firms to purchase real property located at 11820 N. Saginaw St., Mt. Morris, MI 48458. The property is being sold in "AS IS" condition without any representations or warranties. The successful bidder must provide an earnest money deposit of $20,000 within five business days upon notification of being the successful bidder, and closing must be held within 60 days of acceptance. The minimum bid for the property is $230,000, and the buyer accepts title subject to existing encumbrances, restrictions, and easements of record.

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