To be sold on the premises known as:

169/169BEF Elm Street, WALTHAM, MA

Property Details

Auction Date

Wednesday, December 16 @ 11:00 am

Auction Date

Auction Continued Date TBA

Type of Sale

Mortgagee's Sale by Public Auction

Address

169/169BEF Elm Street, Waltham, MA

Brief Description

12,000+/- Sq.ft. brick building w/parking Office/School/General Use

Public records and third-party observations indicate that this property is a (Mix/RC Use) 2-story 11,970 Gr/Sq./Ft. building with brick & Stone exterior built around 1900. It shows public utilities, elevator, rubber roof most recently used as a school/offices on a .579+/- acre lot w/173.37 +/- frontage including an adjacent lighted (Land-Industrial Use) parking lot (enclosed with a stone wall and chain link fence) containing 40+/- parking spaces w/granite posts & decorative paver work at entrance to building.

Important Documents

Terms and Conditions

Cash, cashier's or certified check in the sum of $25,000.00 as a deposit must be shown at the time and place of the sale in order to qualify as a bidder (the mortgage holder and its designee(s) are exempt from this requirement); high bidder to sign written Memorandum of Sale upon acceptance of bid; balance of purchase price payable in cash or by certified check in thirty (30) days from the date of the sale at the offices of mortgagee's attorney, Van Dam Law LLP, 233 Needham Street, Suite 540, Newton, MA 02464 or such other time as may be designated by mortgagee. The description of the premises contained in said mortgage shall control in the event of a typographical error in this publication. Other terms to be announced at the Sale.

Frequently Asked Questions

Q:  Why are there no pictures of the inside of the house?

A:  If this is a foreclosure sale, we typically do not have access to the inside of the property, and therefore cannot take pictures of the interior.  Because we have not been inside, we cannot confirm how many bedrooms or bathrooms are in the property.  So, we must rely on the town’s public records regarding how many rooms they list.  A suggestion: You could try searching the internet for the property address to find pictures of the inside of the property from other sources.

Q:  Why isn’t the ad for the property more descriptive?

A:  If it is a foreclosure sale, we typically do not have access to the inside of the property. Therefore, we cannot confirm what the interior of a foreclosure property looks like, how many rooms it actually has, or any other specifics that would enable us to make an ad more exciting and descriptive.   The only information we have is the public record and what the property looks like from the outside.

Q:  Why is there no price listed?

A:  Properties without a price are being sold by auction.  In some cases, these are foreclosures; in others, they are auctions-by-choice (the seller decides to sell their property via the auction method).  The property will go up for auction on the date noted, and the price will ultimately be determined by those bidding on the day of the sale.   The property will be sold to the highest bidder.  If it’s a property you really like, come to the auction and bid – if you are the highest bidder, it can be yours!   In other instances, we will have properties listed on our website with a price clearly marked – these are being sold via the traditional real estate listing method or through our unique hybrid method (traditional listing plus auction).

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