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GONE! MULTI-PROPERTY AUCTION EVENT (PROPERTY 5 – ABSOLUTE REAL ESTATE AUCTION – SMITHVILLE MO)

Complete Renovation – No Minimum Bid!


THIS PROPERTY HAS SOLD PRIOR TO AUCTION!

This 1BR, 1 BA home is the perfect starter home or for someone looking to downsize. Completely remodeled! New carpet, hardwoods, sinks, countertops, fixtures, hardware, lighting & new roof! 

LIVE OFF-SITE AUCTION WITH ONLINE BIDDING
Began: 12/17/15 at 1:20 PM CST
Property Location:

318 E. Meadow Street, Smithville, MO 64089


Auction Location: 1801 McGee Street, Kansas City, MO 64108

OPEN HOUSE: SUNDAY, 12/6; 2-4PM

 

 

This 1BR, 1 BA home is the perfect starter home or for someone looking to downsize. Completely remodeled! New carpet, hardwoods, sinks, countertops, fixtures, hardware, lighting & new roof! Sells regardless of price to the highest bidder!

 

FAST FACTS

Architecture:  Traditional

Plan:  Ranch

Exterior:  Wood siding

Year Built:  1920

Living Area:  528 sq. ft. (above grade)

Lot Size:  7,700 sq. ft.

Bedrooms:  1

Baths:  1

Kitchen:  GE refrigerator, Frigidaire electric stove/oven

Other Rooms:  Living room, dining room

Basement:  Crawl space

Flooring:  Hardwood, carpet, tile

Heating:  Forced air gas

Cooling:  Central electric

Roof:  Composition

Water/sewer:  City

2014 Taxes:  $421.

Warranty:  One year

Auction Reserve: None! (Absolute auction)

 

* Most information obtained from Clay County website

 

Features

Complete Renovation

New Roof

One year home warranty

Kitchen appliances included

Sells regardless of price

Walking distance to Downtown Smithville

 

3-EASY WAYS TO BUY!

1. BUY IT NOW

     Can’t wait for the auction? Call for details about buying a property in advance of the auction.

2. BID LIVE ONLINE

     Advance registration required.

3. BID LIVE ONSITE

     Attend the auction in person on auction day.

AUCTION TERMS AND CONDITIONS:

 

REGISTRATION:

Onsite bidder registration will begin one hour before the auction. Online bidder registration is open now. All bidders must provide a valid driver’s license and current address.  Online bidders must also provide a credit card to register.  By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms and Conditions.

 

DOWN PAYMENT:

The successful bidder(s) shall be required to make a 5% non-refundable down payment of the total purchase price immediately following the close of bidding.   Cash, cashier’s check or personal/business check will be accepted from onsite bidders.  Bank wire will also be accepted from online bidders.

 

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.

 

CONTRACT SIGNING:

The successful bidder(s) shall execute a purchase agreement immediately following the close of bidding. All final bid prices are subject to Seller approval, unless announced otherwise.

 

CLOSING:

Buyer(s) shall close within 45 days of the auction date. Possession will be delivered at closing subject to any remaining rights of the current tenant(s), if applicable.

 

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).

 

REAL ESTATE TAXES & ASSESSMENTS:

2015 taxes are to be prorated as of the closing date.

 

EASEMENTS AND LEASES:

Sale of said property is subject to any and all easements of record and any and all leases.

 

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 will be paid to any properly licensed Broker who registers a successful buyer according to the appropriate Broker Participation Agreement. This form is available from the Auction Company and must be completed and returned no later than 48 hours prior to the auction.

 

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.  All sketches and dimensions are approximate.  No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company. All bidders are responsible for conducting 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. All announcements made by the Auctioneer during the auction take precedence over any previously printed material or any other oral statements made. All information contained in the advertising and all related materials are subject to the terms and conditions outlined in the purchase agreement. Advertising may contain pictures of wildlife and other items that are for illustrative purposes only. The Auctioneer reserves the right to bid on behalf of the Seller up to, but not beyond the Seller’s reserve (if applicable). The Property is available for and subject to sale prior to auction.

 

US-169 to East Meadow east to 318 on left. Watch for signs. 

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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!