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Condo & Townhome Auction — Some Gone, Some Still Available, Call For Details!

Developer’s Closeout! Minimum bids 50-70% off last list!


End of the project! The final 17 units of the LindenWoods condos, townhomes & villas will be sold at public auction with low published reserves from $20,000. 1, 2 & 3 BR plans are all new inside. Ready to move in or rent. Bid YOUR price!

LIVE OFF-SITE AUCTION
Began: 12/14/10 at 7:00 PM CST
Property Location:

1800 E. 97th Street, Kansas City, MO 64131


Auction Location: Double Tree Hotel Overland Park, 10100 College Blvd., Kansas City, MO 66210
INSPECTION
Began: 11/27/10 at 11:00 AM CST
Ended: 11/27/10 at 1:00 PM CST
Location: 1800 E. 97th Street, Kansas City, MO 64131

INSPECTION
Began: 12/04/10 at 11:00 AM CST
Ended: 12/04/10 at 1:00 PM CST
Location: 1800 E. 97th Street, Kansas City, MO 64131

INSPECTION
Began: 12/11/10 at 11:00 AM CST
Ended: 12/11/10 at 1:00 PM CST
Location: 1800 E. 97th Street, Kansas City, MO 64131


CONDO & TOWNHOME AUCTION

Developer’s Close-Out! Minimum bids 50-70% off last list!

End of the project! The final 17 units of the LindenWoods condos, townhomes & villas will be sold at public auction with incredibly low published reserves starting at just $20,000. 1, 2 & 3 bedroom plans are all new inside. Ready to move in or rent. Choose your units and bid YOUR price!

The LindenWoods Community

It’s no wonder owners and residents love the award-winning LindenWoods community. Amenities like the resort-style pool w/waterfall, tennis courts, fitness center and beautiful landscaping (just to name a few) are typically found in much higher-priced developments.  The south Kansas City location of I-435 & Holmes is convenient to everything.  Every building has been updated and every unit is all new inside!

ALL Units Feature:

  • New windows & window coverings
  • New HVAC & hot water heaters
  • New floor coverings throughout
  • New decorator paint
  • New kitchen & vanity cabinets
  • New counter tops
  • New plumbing fixtures
  • New lighting fixtures
  • New doors & hardware
  • New refrigerator, dishwasher, stove & microwave
  • New large deck  or patio

 

Auctioneer’s Note:

The very successful LindenWoods project is nearly sold out and the developer has chosen auction to sell the 17 remaining units. As you can see from the inventory list in our brochure  minimum bids for these already well-priced residences are extremely low, making this an incredible opportunity for investors and home owners alike. Buy one or multiples!

HOA Fees Include:

  • Resort-style swimming pool
  • Tennis court
  • Clubhouse w/full kitchen
  • Children’s playground
  • Exercise & fitness center
  • Trash removal
  • Water
  • Exterior building repairs/maintenance
  • Lawn care: mowing, fertilization & seasonal plantings
  • Landscape bed & lawn watering
  • Snow  removal
  • Sidewalk & parking maintenance

Attention Investors!

It’s the perfect scenario! Buy multiple units at close-out auction prices. You’ll have instant equity and because all of these residences are completely new inside, you can choose to rent right away and/or resell later for a healthy profit.

AUCTION TERMS & CONDITIONS — LindenWoods Auction

Tuesday, December 14th, 2010

 

REGISTRATION REQUIREMENTS: Proper registration is required in order to bid at the auction. All bidders must complete and sign a Bidder Registration Form including name, address, phone number, social security number, and a valid driver’s license. Bidders must also present a separate cashier’s check (or other certified funds) in the amount of $2,500 for each unit they intend to purchase. By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms and Conditions of the auction and having received a copy of the Original Sale Certificate. Registration at the auction site will open at 6:00 p.m.  

PRE-REGISTRATION – Bidders are encouraged to pre-register for the auction completing a Bidder Pre-Registration Form during a published open house event or by contacting the Auction Office (cashier’s check not required to pre-register). Pre-registered bidders will by-pass the standard registration line at the auction event and will simply need to present I.D. and their cashier’s check to receive their bidder numbers.

DOWN PAYMENT: For each unit purchased, the successful bidder(s) shall be required to make a 10% down payment of the total purchase price at the auction site immediately following the close of bidding. Such deposit to be in the form of $2,500 cashier’s check (made out to yourself and endorsed over to Title Company) plus a personal or business check for the balance. Deposits are not refundable, per the Purchase Agreement.

CONTRACT SIGNING: At the close of bidding for each unit, the high bidder will immediately sign a Bid Acknowledgement Form, submit the cashier’s check and be escorted to the contract signing area where he or she shall execute a Purchase Agreement and pay the required down payment (see above). Bidders wishing to purchase multiple units may remain in the auction room to continue bidding on additional units after signing the Bid Acknowledgement Form and submitting the cashier’s check. A separate Purchase Agreement must be executed for each unit on which a bidder is the acknowledged high bidder. Condominium documents and the Auction Purchase Agreement are available to bidders prior to the auction and should be thoroughly reviewed before bidding. Note: Winning bidders at the auction will have the opportunity to verify the accuracy of the information entered into the documents before signing, but will not have time to review all document details.  Questions about these documents should be directed to the Auction Company or buyer’s attorney prior to the auction.

FINANCING: Financing is not a contingency of sale in this offering. Therefore, it is strongly recommended that potential bidders ensure in advance that they are able to obtain the necessary financing to close the transaction, if applicable.

CLOSING: Buyer(s) shall close on or before January 14th, 2011.  Possession will be delivered at closing. The purchase agreement stipulates closing cost responsibilities including taxes and Homes Association dues which will be prorated as of the closing date.

EVIDENCE OF TITLE: Seller shall furnish at seller’s expense an Owner’s Policy of Title Insurance in the amount of the total purchase price and shall execute a general warranty deed conveying the real estate to the buyer(s).

AGENCY: Cates Auction & Realty Co., Inc. and its representatives are Exclusive Agents of the Seller.

BUYER’S PREMIUM: A buyer’s premium of ten percent (10%) shall be added to the high bid and included in the total purchase price to be paid by the successful bidder(s).

BROKER PARTICIPATION: A commission of three percent (3%) of the high bid will be paid at closing to any properly licensed Broker who registers a successful buyer according to the appropriate Broker Participation Agreement and requirements. This form is available from the Auction Company and must be fully completed and returned no later than 48 hours prior to the auction.

PUBLISHED RESERVE AUCTION: Reserves published in the advertising represent the seller’s minimum acceptable bids for each of the units. The seller has agreed in advance to accept high bids at or above the published reserves from qualified bidders at the auction. Bids below published reserves may not be recognized by the Auctioneer. In the event the Auctioneer should decide to recognize a high bid below the published reserve, that unit will be sold subject to seller acceptance. No previously published coupons, offers or incentives will be considered with any auction bid.

DISCLAIMERS AND ABSENCE OF WARRANTIES: The information in the auction advertising was obtained from sources believed to be accurate, but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company. All sketches and dimensions are approximate.

All properties are available for pre-auction inspection at published times and/or by appointment and bidders are strongly encouraged to conduct their own inspections, investigations, inquiries and due diligence concerning the property. The property is being offered on an “AS IS”, “WHERE IS” basis and no warranty or representations, expressed or implied, is made by the Seller or the auction company, except for those warranties stipulated in the Purchase Agreement. All announcements made by the Auctioneer during the auction take precedence over any previously published material or any other oral statements made. This offering may be modified or withdrawn without notice at any time. All information contained in the advertising and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. The Property is available for and subject to sale prior to auction.

 

 

 

I-435 to Holmes Rd., N to 99th St., E to Lydia, N to 97th St.

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Club House Club House Interior Model Unit: Oak Model Unit: Sycamore

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Clubhouse Clubhouse Clubhouse
Clubhouse Clubhouse Clubhouse Clubhouse Clubhouse
Clubhouse Pool Pool Pool Pool & Grounds
Pool Floor Plan: The Birch Floor Plan: The Birch Floor Plan: The Cedar Floor Plan: The Cedar
Floor Plan: The Hickory Floor Plan: The Hickory Floor Plan: The Oak Floor Plan: The Sycamore Floor Plan: The Willow
Floor Plan: The Willow Model Unit: The Oak Model Unit: The Oak Model Unit: The Oak Model Unit: The Oak
Model Unit: The Oak Model Unit: The Oak Model Unit: The Oak Model Unit: The Sycamore Model Unit: The Sycamore
Model Unit: The Sycamore Model Unit: The Sycamore Model Unit: The Sycamore Model Unit: The Sycamore Model Unit: The Sycamore
Model Unit: The Sycamore

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AuctionServices
We are Kansas City's oldest and most experienced real estate auction company specializing in accelerated real estate sales in Missouri and Kansas, including Overland Park, Lenexa, Shawnee, Leawood, Kansas City, Lee's Summit, Olathe, Blue Springs, Independence, Liberty, Kearney, Parkville, Smithville, Gladstone, Clay County, Platte County, Jackson County, Johnson County, Wyandotte County, Leavenworth County, Cass County, Lake of the Ozarks, Lake Ozark, Sunrise Beach, Osage Beach, Four Seasons, Shawnee Bend, Miller County, Camden County, and around the Midwest. Kansas City auctioneers with regional expertise!