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Category: REAL ESTATE (1 records) Jackson County Investment/Development Real Estate Auction - Bidding ends Monday, February 25, 2019 Bidding ends at 7:00 p.m. central

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2t.jpgThis auction is for Jackson County parcels:

45-710-08-08-00-0-00-000;
Physical address 10804 East MO 350 Highway, Raytown, Missouri 64138;
Being 16,275.32 sq. ft. (approximately .37 acre, 80 feet wide by 200 feet deep);
2018 taxes=$283.66, described as Hilltop Gardens Lot 51;

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45-710-08-09-00-0-00-000;
Physical address 10808 East MO 350 Highway, Raytown, Missouri 64138;
being 15,990.33 sq. ft. (approximately .37 acre, 80 feet wide by 200 feet deep);
2018 taxes=$283.66, described as Hilltop Gardens Lot 52

These two nearly identical parcels are selling together, as a single auction lot, with a total highway frontage of approximately 160 feet. This property lies on busy MO 350 Highway, between a BP gas station to the east, and the area's Wal-Mart Super Center to the west. The property is currently zoned residential.

Legal information and measurements are according to Jackson County assessment.

TERMS & CONDITIONS
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)
2) Bidding will end on Monday, February 25, 2019, 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 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 5% 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, February 26, 2019.
5) The sale of this property is subject to the approval of the Seller.
6) 10% of the contract sale price will be due as a down payment, and shall be submitted to CONTINENTAL TITLE COMPANY, 40 NE SYCAMORE STREET, LEE'S SUMMIT, MO, 64086, 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, February 26, 2019, and to be held in escrow with CONTINENTAL TITLE COMPANY.
7) Closing shall be conducted by CONTINENTAL TITLE COMPANY, on or before March 22, 2019.
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 has paid 2018 and all prior year real estate taxes. 2019 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 Eric Iman Auctions LLC 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.

      25,000.00
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