DESCRIPTION OF ITEM
A Promissory Note/Real Estate Contract for $30,000 with a balance of $11,577.90 as of 3-23-2013. The Real Estate Contract (Click here) is for property in Yakima County, WA, known as: The East 50 feet of Lots 14 and 15, Block 1, Goldenview Addition to North Yakima, Amended Plat recorded in Volume “D” of Plats, Page 29, Yakima County, Washington. The site address is 1111 E. Beech St. Yakima, WA 98901. There is a single story 2 bedroom house on the property. The Real Estate Contract will be assigned over to the Buyer of the Note/Contract and the Buyer will collect the remainder of the amount owed on the Contract once the Transfer has been completed. The Grantees on the Contract are paying approx. $600 per month. Escrow Pacific, LLC is currently handling the account and there is an Assignment Transfer fee of $50.00. To view a record of Note Payments being received by the Bankruptcy Trustee through 2-7-2013 Click Here. To view the Payment Amortization Schedule Click here.
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 an Assignment of Contract 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.
LIENS We do not know of any other liens.
This is all we know about this asset. A title search has NOT been performed on this item. CSAssets does not provide title insurance and Escrow is not an option for these sales. 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: Farias01
Case Name: Ramon & Imelda Farias
Case Number: 10-20303-EWH