410 Lakeview, Wilder, KY 41071 – Second Chance Auction for 3-Bedroom Home Starting at $110,000

You might want to check out this next auction if you have been searching for a reasonably priced house in Wilder, Kentucky. An auction for the home at 410 Lakeview, Wilder, KY might present a fantastic price for the suitable bidder. This 3-bedroom, 2-bathroom house might be your opportunity to purchase at a reasonable price whether your search for a new house or you’re an investor.

Property Overview

Location: 410 Lakeview, Wilder, KY 41071
Starting Bid: $110,000
Auction Dates: February 3-5, 2025
Property Type: Single-Family Home
Size: 3 Bedrooms, 2 Bathrooms

With three bedrooms and two bathrooms, this house provides enough of space for a family or anyone seeking a bit more. It is in Campbell County, a fantastic place for those seeking a suburban living or working in surrounding cities. The property is a possibly wonderful investment since it will be sold through a Second Chance auction, hence it is offered below the appraised value.

Auction Details

Auction Start Time: February 3, 2025, 9:00 AM CT
Auction End Time: February 5, 2025, 11:27 AM CT

The auction for this home will begin on February 3 and end on February 5, 2025. The starting bid is $110,000, but potential buyers can make offers before the auction begins. The seller will review all bids, including those below the reserve price. The home is being sold as-is, meaning there are no guarantees about its condition, and no repairs will be made by the seller.

Important Auction Notes

  1. Cash-Only Transaction: This is a cash-only sale, so the buyer must have the full amount available before placing a bid.
  2. Occupied Property: The property is currently occupied, and buyers won’t be allowed to inspect it until after the auction closes. If you win the auction, you will need to handle any legal issues related to the occupancy.
  3. No Buyer’s Premium: Unlike some auctions, there is no extra buyer’s premium or service fee. However, the buyer will be responsible for closing costs, which can range from $750 to $3,000.
  4. Property Sold As-Is: The property is being sold as-is, meaning it could have issues that may require repairs. The buyer will need to take on these responsibilities.
  5. Utilities Not On: The property’s utilities are not currently turned on and have been winterized. The buyer will need to make arrangements for utilities after the sale.

What Buyers Need to Know

You must provide evidence of money or a pre-qualification letter from a lender within 24 hours after the bid to take part in this auction. This guarantees that you can afford to make the buy financially speaking. Furthermore, given this is a cash-only deal, you should have the required money right now.

The property will be sold in as-is condition, hence any problems discovered will be the responsibility of the buyers and might call for repairs. Buyers should also be aware that utilities are not already on, so they will have to manage turning them on following the purchase.

If you’re searching for a house with possibilities in Wilder, Kentucky, 410 Lakeview could be ideal. Though it is an opportunity to purchase below market value, the property comes with obligations for utilities, maintenance, and other occupancy-related problems. If you’re interested, start preparing early as the auction runs February 3, 2025.

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