Online Only ENDS TODAY! – Twin Villa Auction “Willow”
Ended: 01/27/11 at 7:00 PM CST
Ended: 01/16/11 at 4:00 PM CST
Location: 1802 #A E. 97th Street, Kansas City, MO 64131
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!
This two bedroom, one and a half bath twin villa has 1,200 SF of totally renovated living space. HOA fees are $125 per month. Last listed at $113,300 the $56,000 opening bid is 51% off of last list! Don’t miss out on this great opportunity!
- New windows & window coverings
- New HVAC & hot water heater
- 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 patio
HOA Fees Include:
- Resort-style swimming pool
- Tennis court
- Clubhouse w/full kitchen
- Children’s playground
- Exercise & fitness center
- Trash removal
- Exterior building repairs/maintenance
- Lawn care: mowing, fertilization & seasonal plantings
- Landscape bed & lawn watering
- Snow removal
- Sidewalk & parking maintenance
“ONLINE ONLY” BIDDING
AUCTION TERMS AND CONDITIONS
Proper and complete online registration is required to bid. All bidders must provide name, address, phone number, and email address to register. A credit card (MC or Visa) is required to actually place a bid on the property. The credit card will be validated before bidding access is granted, but is not a recognized form of payment of the deposit or purchase price. Should a Winning Bidder fail to complete the contract signing process, the required deposit will be charged to the credit card provided at registration. By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms and Conditions. Bidders may register prior to, or during the bidding period. At registration bidders are given the option of receiving emails confirming their individual bids and/or when they are outbid.)
The only way this property may be purchased is via online bidding during the published bidding period. (If you need assistance placing a bid or prefer to submit a bid in person, please call our office for assistance. 816-781-1134) To place a bid, bidders enter their “maximum” bid and click the “Place Bid” button. Each time that bidder is outbid by someone else, the system will automatically bid on their behalf at the established bid increments up to their maximum. The Auctioneer does not know any bidder’s maximum bid. The system will not advance a bidder’s own bid. Online-only auctions utilize the “Soft Close” feature that automatically extends the bidding time if a bid is received in the last 5 minutes of the published bidding period. The extensions will continue until 5 minutes have lapsed without any bidding activity, at which time the auction is concluded.
A buyer’s premium of ten percent (10%) of the high bid shall be added to that bid and included in the total purchase price to be paid by the successful bidder(s).
Sample calculation — High bid = $50,000
Buyer’s Premium = $ 5,000 (10% of 50,000)
Total purchase price = $55,000
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.
At the conclusion of the auction the high bidder will receive an email confirming his or her winning bid status. In this or a subsequent email, all documents requiring signatures, including the filled out Real Estate Sale Contract will also be sent. The Auctioneer or his representative will contact the Winning Bidder the following morning to make final arrangements. The signed documents and required deposit (see below) must be delivered to the Auctioneer by close of business on the day following the auction conclusion. (Auction office: 1440 Iron Street, North Kansas City, MO 64116). Winning Bidders whose documents and deposit are not received within the required timeframe are subject to paying a liquidated damages amount equal to the down payment (charged to the credit card used at registration) and will not be allowed to bid in any future Cates Auction & Realty auction events. Note that property-specific purchase documents are available prior to the auction end date and any professional reviews of such documents should be undertaken PRIOR to bidding. All final bids are subject to Seller’s reserve, unless advertised otherwise. Any property with a high bid exceeding the Seller’s reserve will be declared “sold” by the Auctioneer. In instances where the seller’s reserve was not met in the auction, the signed contract and accompanying deposit will be presented to the Seller for approval, which shall be given or denied in the Seller’s sole discretion within 5 business days. If approval is denied, all documents and the deposit will be returned immediately.
I-435 to Holmes Rd., N to 99th St., E to Lydia, N to 97th St.