Homes for Sale by Bidding Event
Best Value In Town (Cranston)
3 Bed 2 Bath 1642 SQ FT .23 Acres
108 Hollow Tree Drive
Cranston, RI 02920
Starting Bid $245,000
PRE-FORECLOSURE - CALLING ALL BIDDERS!!! Come see the best value in Cranston! Amazing neighborhood to call home! This 3 Bed, 2 Bath Ranch-style home rests on an quarter acre lot and is in need of some aesthetic TLC, but it's still very much a solid property and ready for your next chapter in life. You'll be minutes from all the shopping and dining conveniences that you can imagine, with both Garden City and the Warwick Mall being less than under 5 minutes in either direction from your doorstep. A diamond in the rough for the right investor, house flipper or handyman willing to put in the sweat equity to elevate the value for long term living in a great community.
Open House Events are scheduled for Sunday, July 30th from 1:00 PM till 2:30 PM and then again on Monday, July 31st from 5:00 PM till 6:30 PM.
Seller reserves the right to accept, reject or counter any offer prior to and beyond the end of the bidding process.
Property is OCCUPIED! Please do not walk on property without an appointment. No interior photos available.
** Final Bids are Subject to 6% Buyer's Premium **
Bidding ends 08/01/23 at 7:30 PM EST
Buyers and agents can bid online anytime from the beginning until the end of the published sale date.
Buyers/bidders acknowledge that all bids are public and 100% transparent to all parties, without exception.
Once the seller accepts the selected bid, the entire process will proceed like a traditional real estate transaction. The buyer will submit a signed contract to the seller with the final sales price being the highest bid offer plus the buyer’s premium. The seller will open escrow with all of the buyer’s contingencies and inspection time frame outlined in the contract. For more information contact Listing Agent!
SELLER RESERVES THE RIGHT TO ACCEPT, COUNTER OR REJECT ANY BID!
What is the “Buyers Premium” – Using our EZ Real Estate Offers option, real estate commissions can be paid by the seller, the buyer, or both. When the buyer’s paying the commission it’s called “Buyer’s Premium”. (Highest Bid + Buyer’s Premium = Sales Price)
The Selected Bidder shall provide a purchase contract within 24 hours from the time of acceptance of the selected bid by the seller. If the buyer will not provide the purchase contract within the time frame specified above, the seller reserves the right to accept other offers!
For information on how to get approved and bid online Click Here!
In order to place a bid/offer on any property available by our online sales, you must REGISTER and create an account at the URL above. If you are working with an Agent, you will need to provide us with their contact information.
By creating your account, you agree to accept AND you understand the Terms and Conditions of the online sales process and this bidding platform.
In addition, you must either provide Proof of Funds if paying in cash OR a FULL Underwritten Loan Approval Letter From A Mortgage Lender prior to getting access to the bidding area. Registration and documents must be received NO LATER than 12:00 pm PST on the last day of the sale.
If you are not registered and/or you have not provided suitable documentation by 12:00 pm on the day of the sale, you will NOT be allowed to bid on a property!
Also, we STRONGLY encourage you or your agent to log in to your account prior to the end of the bidding time on the property you wish to bid on. It is IMPORTANT to understand the steps and functionality needed to place your bid. Technical or agent support will not be available after 12:00 pm on the final day of the sale.
Bid Increments – You may continue bidding within the limits of your proven funding. Increments can vary depending on the listing price of the property anywhere from $1,000 to $2,500.
Bidding Auto Extend – Our system Prevents Last Second Bidding by Automatically Extending the Bidding Time. Please make your final bid before 5 seconds to allow the site to refresh.
Attention Selected Bidders! – If You Are The Selected Bidder: Please have your agent submit a signed purchase agreement to the seller within the time specified in “sale terms and conditions” (please see the posting details). If you do not have an agent, please Contact Us.
Information deemed reliable but not guaranteed and subject to change without notice!