Starting bid is only 52% of market value!
$114,400

Recent comparable sales are over $220,000.



3bed/2 bath home in established Roseville neighborhood with 1,440 sq.ft. Fully remodeled home with energy features such dual pane windows, smart thermostat, dual flush toilets and humidity controlled fan. New driveway and stamped concrete patio.



ADDRESS
         677 Whyte Ave           
Roseville, CA 95661
The most recent comparable sales will  be provided at the open house

We will have an open house from

1pm to 5pm Saturday 3/23
&
1pm to 5pm Sunday 3/24


Get detailed info packet on this  home and get FREE email notification of  all of the properties we offer on round  robin bidding. We sell several  homes with bids starting at 52% of market, owned  by EXTREMELY motivated  sellers.

  Q: Why is the home being sold by round robin
high bid process?

A: Because a bidding process
allows all buyers to come to the home within a short  period of time so it
provides a fast, efficient, and convenient way to  sell a home in a manner that
is fair to both the buyers and seller. We  need to sell this home FAST, this is
the reason for the extremely low  starting price.

Q: How does
the Round Robin Bidding work?

A: The Round
Robin Bidding Process is a buyer friendly approach that  eliminates all the
usual risks associated with buying at auction. On  Saturday and Sunday, there
will be an open house from 1pm to 5pm to  visually inspect the property and sign
up to participate in the bidding  as well as place an initial bid. The final
bidding is held by phone on  Sunday evening. Starting at 6 pm each bidder will
receive a call  informing him or her of the current bid and offering them the
  opportunity to increase their bid in order to proceed to the next round. Rounds
will continue until only one highest bidder remains. Buyers will need to be
available by phone Sunday evening to receive multiple phone  calls.


Q: How Do You Sign Up?

A: Come
to the open house and visually inspect the home; interested, fill in your name,
phone number and bid on the bid sheet;
 

Q: What Are
The Rules?

  A: You need to visit and inspect the property
during the open house.  Complete the bid sheet so that you can be contacted on
Sunday evening.  You will need to be available by phone on Sunday evening
beginning at 6  pm. You will need to available Sunday at 8 pm to sign the
contract if  you are the winning bidder. If you are the highest bidder and you
cannot comply, and alternative arrangements are not made prior to Sunday  night,
we may elect to call the next highest bidder and you may lose  your chance to
buy the home.

  ·   The seller may decline any and all
offers not acceptable to them.

Q: How Much Do I Need For A
Deposit?

A: You will need a small deposit
Sunday evening only if you are the winning  bidder (usually $500). Financing
pre-approval will be available for you  the day of the auction if needed.


Q: What happens to the deposit?

A:
If you are the successful bidder, the deposit will be written in your
  contract as “earnest money” or a “good faith deposit” applied to the  purchase
price.

Q: Will there be any liens or encumbrances on the home?


A: No, you will receive a Warranty Deed and we
will even purchase title  insurance for you. Any mortgages or debts against the
property will be  paid from the proceeds of the sale so that the home is
completely free  and clear.

Q: Will the Purchase and Sale
agreement allow for any contingencies?

A: Yes.
Your offer will be contingent on you getting financed for the home and
contingent on a satisfactory home inspection.

Q: Will we be able
to find out the current high bid?
A: Yes. We will
tell anyone at anytime what the current best bid is.

THE
FOLLOWING IS VERY IMPORTANT! 

You MUST register
your name, telephone number, email address and initial  bid amount at one
of the Inspection/Open House Dates/Times.  Only registered
bidders can be included in the Final Round Robin Bid process and you must enter
complete information… regardless of your bid amount, you will be able to
participate in the final bidding.

Making a Bid at the Open House
DOES NOT OBLIGATE you to buy the property…it  only allows you to participate in
the private telephone bidding  process and establishes bidding
order.

The Round Robin  Final Bid Process will begin at 6:00pm via
telephone. We will call all  interested bidders who registered until there is
one high bid, and no  other bidder wishes to top it.  All bids must be in a
minimum of $500  increments.  If there is more than one bid at a level, the
earlier bid  will be honored.

  The caller will say
“Currently there are "X" number of bidders in this round and the
current high bid  is $________.  Would you like to advance the
bid?”   You  can take this opportunity to advance the
bid (usually $500 increments)  and be included in the next round or decline and
drop out from the  bidding (again...there is no obligation).  Once you drop
out we thank  you for participating and you will not be called again. 


  Once  down to the final 2 bidders (sometimes 4) we will start to
inquire as to your financing and any contingency terms (All Cash, contingent
upon  bank financing, approval letter, contingent upon sale of your house,
  etc).

  Sale is for the Highest and "BEST"  Bid/Offer. Example: an
"All Cash" offer closing in less time may take  precedence over a "Higher" offer
contingent upon financing and taking  longer to close or that's contingent upon
the sale of a house. Seller  reserves the right to accept, reject or rescind any
and all offers  tendered. A Sale is not finalized until a Standard Real Estate
Sales  Contract is executed between Buyer and Seller and Earnest Deposit Funds
  have been tendered to Title Company. We need to sell this home FAST so  if you
get preapproved while at the home, you will get a great price on  the home.


  If you are the winning party we will make  arrangements to
meet with you at the home to execute a "Standard State  approved Real Estate
Purchase Agreement".  Earnest Money Deposit in the  amount of $500 will be
due at this time. Clear and marketable title will be conveyed by the
Seller.