The seller (Bricks & Timber Residential LLC) is in a court-appointed receivership.
- Every contract must state: "This contract is subject to court approval prior to closing." Court approval may add a waiting period before closing.
- Sold strictly AS-IS. The seller makes no repairs.
- The Bricks & Timber Seller Addendum, signed by the buyer, is required on every offer.
- Special warranty deed (no general warranty deed).
- The seller will not pay closing costs — the buyer pays all closing costs except sales commissions and management fees.
- Closing with FIN Title (Sara Laun).
- Earnest money: $1,000.
- Proof of funds or a lender pre-approval letter is required with every offer.
- Inspection period: 5 days for cash offers; 10 days maximum for hard-money or financed offers.
- Your buyer must see the property before making an offer.
- The home is vacant. Utilities are OFF and will not be turned on for inspections.
Huge potential with this spacious property located just off Highway 78 in Birmingham. This large home offers expansive main-level living, a full basement, and a detached garage, providing plenty of flexibility for a variety of uses. The property also includes a second unit, creating additional opportunity for income or multi-use living. A large paved front drive offers ample parking for multiple vehicles. Ideal for buyers looking for space, versatility, and the chance to bring a creative vision to life. Receivership property being sold as-is.
Good to know
Receivership property—court order attached. Sold AS-IS; seller will make no repairs or concessions for financing. Seller Addendum required with all offers. Buyer pays all closing costs Contract must include: “Subject to court approval prior to closing.” Buyer must use seller’s title company. Utilities will not be activated for inspections on properties under $100K. Due diligence: 5 days cash, up to 10 days hard money.