If you’re looking for a great deal on a home in Kingwood, WV, this could be your chance! This cozy 3-bedroom, 1-bathroom house is up for auction, and it’s perfect for anyone looking for a new place to call home. Keep reading to find out how you can bid on this property and what you need to know before making an offer.
Property Details
- Address: 118 Sisler St, Kingwood, WV 26537
- Bedrooms: 3
- Bathrooms: 1
- Living Space: 1,219 sq. ft.
- Lot Size: 0.18 acres
- Year Built: 1950
- Property Type: Single-Family Home
- Auction Start Date: February 11, 2025 (9:00 AM CT)
- Auction End Date: February 13, 2025 (11:15 AM CT)
Auction Details
- Opening Bid: $60,000
- The seller is open to pre-auction offers with a signed contract and down payment.
- Only owner-occupants, government entities, or HUD-approved nonprofits can bid.
- No buyer’s premium or auction service fee.
- Buyers must pay escrow and closing fees (usually $750-$3,000).
- Closing must happen within 30 days of seller acceptance.
- The buyer is responsible for taking possession after closing.
Important Notes
- The property is occupied, and buyers will not be allowed to visit before closing.
- The home is sold as-is, meaning there are no repairs or guarantees about its condition.
- Buyers must provide proof of funds or a pre-qualification letter from a lender within 24 hours of the auction.
- The home may have defects or safety hazards, and it might be located in a flood zone.
- Utilities are currently turned off, and the home has been winterized.
- The buyer is responsible for evicting any current occupants if necessary.
Title & Ownership Details
- The seller will transfer the title via Special Warranty Deed if the buyer purchases title insurance.
- If title insurance is not purchased, the seller will transfer via Quit Claim Deed.
Why This is a Great Opportunity
This is a HUD Second Chance auction, meaning the home didn’t sell at the original foreclosure auction and is now priced below the appraised value. If you’ve been searching for a home at a great price, this is your opportunity to buy below market value.
Next Steps for Buyers
- Check Your Eligibility – Make sure you qualify as an owner-occupant, government entity, or HUD-approved nonprofit.
- Get Pre-Qualified – Obtain a pre-qualification letter from a lender or proof of funds if paying with cash.
- Understand the Risks – Remember, the home is sold as-is, and you won’t be able to inspect it before closing.
- Place Your Bid – Participate in the auction between February 11–13, 2025 and secure your new home!
Visit Home