DESCRIPTION OF ITEM
2 Vacant Lots in Presque Isle County, MI. Parcel #: 122-145-000-375-00 approx. 21,500 sq. ft & 122-145-000-376-00 approx. 22,115 sq. ft. Legal: Grand Pines Subdivision #2, Lots 375 & 376. There is no site address for the properties, but both Lots are on the paved street, Balsam Drive. There is a house on Lot 378 with an address of 16625 Balsam Drive Presque, MI 49777. According to the Assessor, the nearest cities are Rogers City (the County Seat) and Alpena. The 2012 taxes of $26.55 per parcel have not been paid. The past due tax amount is $28.61 per parcel as of 6-30-13, (includes late fees). The water bill due per parcel is $100.83 as of 6-30-13. The Presque Harbor Association HOA fees for both lots together is $308.35. The winning bidder will be invoiced for the bid amount, the document preparation fee of $250 (the lots are deeded separately) and $8 for certified mail. The Taxes, Water bills and HOA dues will be payable to the respective entities. The picture below is of the general area, not of this particular parcel.
LIENS Total taxes owed for both parcels is $57.22. Total Water bill amounts due for both parcels is $201.66. HOA fees due for both lots combined are $308.35 as of 6-30-13. All amounts are Payable by the Buyer. We do not know of any other liens.
IMPORTANT LEGAL INFO
CSAssets specializes in the liquidation of Bankruptcy Assets and Personal Assets. All Bankruptcy Assets are sold “AS IS WHERE IS” with no warranties implied or stated. The Seller and the Bankruptcy Trustee are not responsible for issues, if any, with the title, the condition of the property, or any liens or encumbrances against the property. CSAssets has to rely on the property description that has been provided by the County Offices and the Debtor. CSAssets cannot guarantee that all of the information is accurate. The Buyer will be entirely responsible for this property after the sale, including but not limited to: paying any fees associated with the transfer of the property, the recording of the deed and transfer of Title and the gathering of any documentation necessary for that process. The Seller and Trustee are Not Realtors. CSAssets and the Trustee shall be under no obligation to the buyer except to provide the Buyer with a Trustee’s Deed for the property. CSAssets recommends all bidders perform their own due diligence PRIOR to bidding on this item. As with any Bankruptcy case, this sale may be subject to court approval. Please read all sections of the ad carefully, particularly for real estate sales.
The Presque Isle Harbor Association (PIHA) is a true four-seasons, self-managed, residential community nestled along the rugged and pristine shoreline of northwestern Lake Huron. The Association offers an excellent, unspoiled environment of woods, water, and many other natural resources. Presque Isle is truly a “diamond-in-the-rough” that can be found on the Huron shores of Northeast Lower Michigan. Presque Isle Harbor Amenities include: a Clubhouse with indoor pool, exercise equipment, activity room, game and meeting rooms, 3 beaches (one with boat rental), launching facilities, and a campground.
This is all we know about this asset. A title search has NOT been performed on this item. CSAssets does not provide title insurance. If title insurance is desired, the buyer will be responsible for obtaining it through a Title Company. A document preparation fee of $250 will apply and will be included in the total of your invoice. Any fees/liens owing on this item are not part of the final bidding price. Serious Bidders Only. A bid submitted by a potential Buyer is an agreement to our Terms. The eBay disclaimer regarding “contract to purchase” does not apply to our U.S. Bankruptcy Court Ordered Sales. Potential Buyers should not bid unless the fully intend to complete the sale.
Item ID: Marquis01
Case Name: Thomas Marquis
Case Number: 12-23106-BMW