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Independence Auto Garage & House Real Estate Auction
Date & Time: Bidding ends Monday, July 17, 2017 at 7:00 p.m. central
Location: This in an online only auction.
Highlights: Ole Rathbun has owned the 2 properties at 450 Blue Ridge Blvd. and 8626 Thompson Ave., Kansas City, MO 64125 for a number of years, getting rental income from the residence, and working on cars in the garage. Due to Mr. Rathbun's passing, his family has decided to sell this real estate by online auction.
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Categories: VIEW ITEMS AND BID (1)
Notes: Call Eric Iman, 816-399-9627, to arrange a private viewing.
Terms: REAL ESTATE: 450 Blue Ridge Blvd. and 8626 Thompson Ave., Kansas City, MO 64125 selling as one parcel

1) This is an online only auction. All bidding will take place on the auction company's online bidding platform.

2) Bidding will end on Monday, July 17, 2017, at 7:00 p.m. central time, with a soft close, meaning that a bid within the final minutes will extend bidding by an additional 8 minutes. This will continue until there is an 8 minute interval without a bid. Bidding is not contingent upon financing.

3) There will be a 3% buyer’s premium added to the final winning bid, to arrive at the contract sale price.

4) The winning bidder will enter into a contract to purchase, which will be sent the the winning bidder via email. The contract must be returned to the auction company (hand delivered, scanned and emailed or faxed) by 5:00 p.m. central time, on Tuesday, July 18, 2017.

5) The sale of this property is subject to the approval of the owner.

6) 5% of the contract sale price will be due as a down payment, and shall be submitted to Coffelt Land Title Co., Lee's Summit, MO, in the form of a personal, cashier’s or business check, to be in possession of Coffelt Land Title by 5:00 p.m. central time on Wednesday, July 19, and to be held in escrow with Coffelt Land Title.

7) Closing shall be conducted by Coffelt Land Title Co., Lee's Summit, MO, on or before August 18, 2017.

8) Possession shall be given to buyer at closing.

9) Seller shall provide title insurance in the amount of the contract sale price. Title shall be conveyed by a general warranty deed.

10) Seller will pay 2016 and all prior year real estate taxes. 2017 taxes shall be prorated to the date of closing.

11) This real estate sells “As Is, Where Is”, with no warranties expressed or implied, and no contingencies whatsoever.

12) If internet service or functionality of the website fails in any way, bidder shall have no claims against Iman Auction Company or anyone else.

13) All lines, maps and photographs are approximate. Bidders should verify all information to their satisfaction.

Contact: Iman Auction Kansas City
1600 Genessee St., #625
Kansas City MO 64102
Phone: 816-399-9627
Email Web-page
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