Online Bidding Friday, July 19 - Thursday, July 25
STARTING BID $40,000
Details: 1540 SF, three bedroom/1.5 bath single family home on 50 X 106 lot located in Harvey just off Manhattan and Gretna Blvd. Features include a two-year-old roof, hurricane shutters, central heat, and window units.
Price listed is the starting bid for the online auction.
Directions: Manhattan to Gretna Blvd. turn west to Maplewood. Turn right to property.
Terms: All cash sale, 10% deposit & signed purchase agreement within 48 hours of the auction, "As Is, Where Is" condition, 10% buyers premium added to the winning bid, Good Title Guaranteed, With Reserve
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
