4135 E Catalina Dr
Phoenix, AZ 85018
$400,000 
Property Image: No image description provided.
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Property Image: No image description provided.
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  • MLS ID:Click for pics
  • Type:Single Family Detached
  • Beds:4
  • Baths:2
  • Size:2,000 Sqft
  • Lot:0.22 Acres
  • Year Built:1954
Description: NO BUYER PREMIUM ON THIS PROPERTY. Despite the boilerplate language (in bold text) in the next section stating the seller may accept an offer early... NO OFFER WILL BE ACCEPTED BEFORE END OF THE BIDDING DEADLINE & NO OFFER WILL BE ACCEPTED THAT WAS NOT PART OF THE ONLINE BIDDING.
IMPORTANT INFORMATION: Participation in the bidding process is NOT binding for either party. Once the offer collection period has expired and the seller has evaluated all bids, the listing agent will contact the bidder with the most attractive bid and invite a formal, traditional offer. (NOTE: The seller can stop collecting bids and accept an offer at any time before the clock expires, so the buyer who waits to submit their best offer risks losing the property at a moment's notice.)

Terms and Conditions of Sale:
Type of Sale: Traditional
Acceptable Financing: Cash, Conventional, VA, USDA, FHA, FHA 203(k)
Other Information: PLEASE READ FULLY and text weekday questions to 314.223.0017 and on weekends 314.973.5263 1) Despite the above (bold-text) boilerplate language to the contrary: NO OFFER WILL BE ACCEPTED BEFORE END OF THE BIDDING DEADLINE & NO OFFER WILL BE ACCEPTED THAT WAS NOT PART OF THE ONLINE BIDDING. 2) All offers will be visibly posted here per seller's request, 3) When the online bidding period ends, the top bids will be invited to submit their HIGHEST & BEST offer on a Realtor-approved form. 4) Formal offers will be evaluated/vetted for viability to close and fund. 5) The Owner will be presented the 3 top bids and will choose one as primary + backup. 6) ONLINE BID/OFFER DEADLINE: 12:30 pm on *Tuesday 11/20/2018*. 7) We recommend making a "practice" bid of $350K well before the bidding deadline to know the ropes. (Realtors, please disregard the system-generated PDF documents if they are not part of your local board forms).
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NEGOTIATIONS UNDERWAY
OFFER PERIOD
E X P I R E D
Status: Pending
List Price
$400,000
Est. Market Value
$500,000
Minimum Bid
$350,000
Offers
4
Bids
5
Visitors
3
Views
523
Buyer's
Agent
Purchase
Price
Loan
Type
Seller
Subsidy
Home
Warranty
Days to
Close
Home Sale
Contingency
EMD Cash
Down
Seller
Addendum

Seller Addendum

This feature gives the seller the opportunity to tweak the terms of the standard local contract that is the basis of a buyer's offer. By creating this addendum, the seller is outlining changes they seek to the standard local contract and will expect this signed addendum to accompany the winning buyer's formal offer should the buyer agree to the terms outlined within.

If the seller is not requiring acceptance of their terms, buyers may reject the terms outlined in the Seller Addendum and still place their bid, but they should do so knowing that a competing party with a similar offer, which agrees to the seller's terms, may be chosen instead of them to make a formal offer and purchase the property.

Agents should note that while BidLion does provide a general, default template option that allows the listing agent to create a Seller Addendum with ease, the terms within the Seller Addendum are always customized to fit the property and address the seller's wishes. Thus, the terms outlined within the Seller Addendum are, in fact, the seller's terms and should not be thought of as terms that BidLion is advocating in any way.

When creating a Seller Addendum, all agents are advised to make a conscientious effort to outline terms that do not conflict with their local real-estate laws and are fair to both parties of the real-estate transaction.

Appraisal
Addendum

Appraisal Addendum

Low appraisals are becoming more common and can destroy a real estate deal unless the parties involved can mutually agree on a solution should this scenario occur.

For such cases, BidLion has created the Appraisal Addendum feature, which allows the buyer to express their capability and/or willingness to work through this problem with the seller should it occur after contract ratification. This eliminates surprise, gives both parties clarity on what will happen should the situation arise, provides the buyer with yet another tool to separate themself from the competition, and provides the seller with yet another tool to evaluate that competition.

(NOTE: The Appraisal Addendum is not required and is irrelevant to the buyer who is incapable of paying, or unwilling to pay more than the appraised value. Accordingly, such a Buyer is denoted in this column with "0%".)

NET OFFER
LLN-655
Century 21 Arizona Foothills
33765 North Scottsdale Road Suite 130
Scottsdale, AZ 85266
(480) 889-2151
$410,000 Conv 2.2%($9,000) $475 30 No 1% $20,500 N/A 0% $400,525
NP-650
Berkshire Hathaway HomeServices
14635 N Kierland Blvd #160
Scottsdale, AZ 85254
(480) 505-6300
$350,000 Conv $0 $0 30 No 1% $70,000 N/A 0% $350,000*
T*-325
Realty-24
1 West Walling Dr
St. Louis, MO 63141
(314) 576-1476
$350,000 Conv $0 $500 45 No 1% $40,000 N/A 0% $349,500*
* These offers have attached comments or conditions (Click the bid's net offer figure to read).
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