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Midtown Commercial Garage Real Estate Auction
Date & Time: Bidding ends Monday, October 8, 2018 Bidding ends at 7:00 p.m. central
Location: This is an online-only auction, bidding can only be performed at Iman KC's website. Property Location: 715 E. 31st St., Kansas City, MO 64109
Highlights: Open span commercial building in great up-and-coming location!
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Categories: VIEW ITEMS AND BID (1)
Notes: NOTE: HAVING CHECKED WITH KC WATER, THEY CONFIRMED THAT MR. NORFLEET HAD THE WATER DISCONNECTED A WHILE BACK. TRUSTEE, AUDREY NORFLEET-TAYLOR, HAS STATED THAT SHE WILL HAVE THE WATER RECONNECTED AS SOON AS KC WATER CAN GET TO IT, WITH A GUARANTEE THAT IT WILL BE COMPLETED BEFORE CLOSING.

The passing of Mr. Dennis Norfleet earlier this year has brought his family, many of whom live out of state, to conclude that it is time to sell his Kansas City real estate holdings.

Terms: 1) This is an online only auction. All bidding will take place on the auction company's online bidding platform. CONTRACT FOR SALE OF REAL ESTATE AVAILABLE UPON REQUEST (email: EricImanAuctions@gmail.com)

1B) WATER WILL BE RECONNECTED BY KC WATER BEFORE CLOSING

2) Bidding will end on Monday, October 8, 2018, at 7:00 p.m. central standard time, with a soft close, meaning that a bid within the final minutes will extend bidding by an additional 7 minutes. This will continue until there is an 7 minute interval without a bid. Bidding is not contingent upon financing.

3) Buyer's agent representation must be noted directly following the bidder's registration via email to EricImanAuctions@gmail.com

4) There will be a 4% buyer’s premium added to the final winning bid, to arrive at the contract sale price.

5) 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, October 9, 2018.

6) The sale of this property is subject to the approval of the trustee.

7) 10% of the contract sale price will be due as a down payment, and shall be submitted to CONTINENTAL TITLE COMPANY, 435 Nichols Rd., #310, KANSAS CITY, MO, 64112, in the form of a cashier’s check, OR ONLINE AT HTTP://CTITLE.COM, to be in possession of CONTINENTAL TITLE COMPANY by 5:00 p.m. central time on Tuesday, October 9, 2018, and to be held in escrow with CONTINENTAL TITLE COMPANY.

8) Closing shall be conducted by CONTINENTAL TITLE COMPANY, on or before November 16, 2018.

9) Possession shall be given to buyer at closing.

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

11) Seller has paid 2017 and all prior year real estate taxes. 2018 taxes shall be prorated to the date of closing.

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.

14) By registering for this auction and placing a bid on the property for sale, you are agreeing to abide by the aforementioned AUCTION TERMS, construed and enforceable under the laws of the State of Missouri.

Directions:
Contact: Iman Auction KC
423 E 61st St.
Kansas City MO 64110
Phone: 8163999627
Email Web-page
Bidder number Password

 

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