5219 Southern Blvd

This property has been in the owners family for over 50 years and due to burst water pipes, the property is being sold at public auction in its present AS IS condition. An electrical problem caused the hot water heating system to shut down causing the pipes to burst causing water damage to all 3 units. ALL ACTION RESTORATION has removed all water soaked items, dried the units, and have treated all potential mold areas. The property is listed at a BUY IT NOW price of $50,000, and if not sold prior, will be sold at public auction to the highest bidder on Tuesday, July 14, 2009, at 6pm. TERMS: $5000 non refundable down payment auction day, balance due in 30 days, or Seller will carry financing in a land contract of up to 90% of the high bid at 7% per annum with monthly payments of principal and interest based on a 30 year amortization with a full payment of the principal balance on or before the end of the second year. Call for further information.