Home on 5 acres in Kansas City, KS

United Country Heritage Brokers and Auctioneers

 

Date(s) 3/24/2017 - 4/25/2017

Online Only Auction Bidding Starts: Friday, March 24th at 3pm (CST) Bidding Ends: Tuesday, April 25th at 3pm (CST)

Past Auction
Online-Only Auction
Bidding Notice:

ALL bids are pending until the Online Auction Bidder's Agreement has been completed and returned to the auction company. This document will be sent to you through DocuSign after you have registered for the auction. This form is also available on each lot or on our website. **High bid is subject to Seller's Confirmation**

Auction Notice:

Reserve Auction: The property is being sold subject to the Seller’s confirmation. The Buyer shall be notified of the Seller’s acceptance or rejection of the winning bid, within 24 hours of the auction closing. In the event the winning bid is rejected, the high bidder shall have an opportunity to increase their bid with the Seller.

Auction Information
Name Home on 5 acres in Kansas City, KS
Auctioneer
Type Online-Only Auction
Date(s) 3/24/2017 - 4/25/2017
Auction Date/Time Info
Online Only Auction Bidding Starts: Friday, March 24th at 3pm (CST) Bidding Ends: Tuesday, April 25th at 3pm (CST)
Preview Date/Time Sunday, April 9th 2 - 5pm (CST) Thursday, April 20th 5 - 7pm (CST)
Checkout Date/Time High bid is subject to Seller's confirmation! 10% due within 24 hours of auction closing as down payment. Closing within 30 days of auction closing. Property being sold "as-is, where is", without warranty or guarantee.
Location
Buyer Premium 10% Buyer's Premium on this Auction
Description
A nice 2 bedroom home located on 5+/- acres in Kansas City, Kansas. This is a very unique opportunity to own a home on acreage which is located on a quiet street with limited traffic. This property has been part of a larger tract which operated as Turner's Orchard for many years in Kansas City, Kansas. The Turner family had a very thriving fruit orchard on this property and many of the fruit trees remain on the property today. The views to the west are outstanding as this home sets on a rolling hillside and is located just south of the Missouri River. For more information about the home, please contact the auction company or attend one of the advertised "preview periods" to view the property. Preview Dates and Times are as follows: Sunday April 9th, 2017 from 2-5pm Thursday April 20th, 2017 from 5-7pm
Online Auction Bidders Agreement If you do not completely understand any portion of the following terms and conditions seek legal advice before placing any bids. I ________________________________ (Buyer) agree to immediately enter into a Purchase Contract if I am declared the high bidder (winning bidder) by the auctioneer on any of the following properties being offered (individually) at auction: Residential Home and 5+/- acres located at 4114 N. 60th Street, Kansas City, KS 66104 AUCTION BID DATE and TIME: o Online Bidding Opens on Friday, March 24th at 3:00pm (CST) o Online Bidding Closes on Tuesday, April 25th 3:00pm (CST) By signing below I agree that I have read and fully understand the Online Bidders Agreement and the Terms and Conditions of this auction. I fully understand and agree that an Online Auction Bidders Agreement MUST be signed and returned to United Country – Kansas City Auction and Realty, prior to being allowed to bid in the Online Auction. As a bidder, it is solely my responsibility to contact the auction company at (877) 318-0438 with any questions regarding the auction, purchase agreement or terms & conditions, prior to placing any bids in said auction. All bids are final. Online Auction Terms & Conditions 1) Bidding Registration: Online bidder hereby agrees that they must properly register for this online auction by completing and signing the (Online Bidders Agreement), and returning it to the auction company before placing any bids online. The agreement can be electronically signed via (DocuSign), or emailed and/or faxed to the auction company at 816-420-6285 (fax) or LTerrel@UC-KC.com (email). 2) Bidding Opens/Closes: The Online Only Auction (ie. Internet Auction), bidding shall be opened and begin closing on the dates and times stated above. 3) Reserve Auction: The property is being sold subject to the Seller’s confirmation. The Buyer shall be notified of the Seller’s acceptance or rejection of the winning bid, within 24 hours of the auction closing. In the event the winning bid is rejected, the high bidder shall have an opportunity to increase their bid with the Seller. 4) Property Previews: Previews are available by contacting the auction manager (Trisha Brauer at 913-4818280). It is recommended to all bidders to personally inspect the property prior to placing any bids in the auction. Property inspections are the sole responsibility of the bidders. 5) Cash Offer/No Financing Contingency: By participating in this auction, bidders hereby agree that their bid shall NOT be subject to the bidder’s ability to obtain financing. By placing a bid in this auction, bidders are making a “cash offer” to purchase the property. Financing is NOT a contingency in the purchase agreement or the auction terms and conditions. 6) Buyer’s Premium: A Ten Percent (10%) Buyer’s Premium shall be added to the final bid price placed online, which will determine the Total Contract Sales Price. Bidders hereby understand that the Buyer’s Premium shall be added to the winning bid to create the Total Contract Sales Price for which they are obligated to pay for the property. 7) Purchase Contract: Winning bidder hereby agrees to enter into a Contract to Purchase the property immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction the winning bidder will be forwarded via email a Purchase Contract to Purchase the property. A signed copy of the Purchase Contract must be received by United Country – Kansas City Auction and Realty no later than 24 hours from the time said Purchase Contract was sent to the winning bidder. The Purchase Contract may be (hand delivered, faxed, or scanned and emailed). 8) Escrow Deposit: An escrow deposit of Ten Percent (10%) of the total contract purchase price (which includes the buyer’s premium) will be wire transferred or hand delivered in the form of certified funds to the Title Company no later than 48 hours following the close of auction. See closing agent’s contact information below. The balance of the purchase price will be due in full at closing. 9) Closing: Closing shall be on or by Thursday, May 25th, 2017. Closing shall take place at Secured Title of Kansas City - Wyandotte, 2100 Hutton Rd., Suite 101, Kansas City, KS 66109. The Closing Agent is Andrea Weis (Escrow Officer) and her contact information is (913) 788-9800. Out of state buyers will be afforded the opportunity to close via email, mail and wire transfer of certified funds. 10) Possession: Possession of the property will be given upon successful closing and transfer of title. 11) Title Insurance: Title Insurance in the full amount of the purchase price will be provided by the seller. Seller shall pay 2015 and all prior year real estate taxes. 2016 real estate taxes will be Prorated to the date of closing. 12) Online Auction Technology Issues: Under no circumstances shall Bidder have any kind of claim against United Country – Kansas City Auction and Realty, or anyone else if the Internet service fails to work correctly before or during the auction. Online bidding is subject to technology faults and issues which are outside the control of the auction company. If a technology issue or failure becomes present during the online auction, call the auction company immediately at (877) 318-0438. 13) Soft Close: If a property in the online auction receives a bid within the last 3 minutes of the auction, then the auction end time (close time) will automatically extend the auction and additional 3 minutes before closing. The “soft close” feature will continue to extend the bidding opportunity for 3 minutes with each newly placed bid and the property shall not close until 3 minutes have elapsed with no additional bid activity. 14) Disclaimer: All information provided is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. Information is subject to change without notice. There are no warranties either expressed or implied pertaining to this property. Real estate is being sold "As-Is, Where-Is" with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to the end of bidding.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 100.00 USD
Currency USD
Buyer Premium 10% Buyer's Premium on this Auction
Payment Terms
Purchase Contract: Winning bidder hereby agrees to enter into a Contract to Purchase the property immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction the winning bidder will be forwarded via email a Purchase Contract to Purchase the property. A signed copy of the Purchase Contract must be received by United Country – Kansas City Auction and Realty no later than 24 hours from the time said Purchase Contract was sent to the winning bidder. The Purchase Contract may be (hand delivered, faxed, or scanned and emailed). Escrow Deposit: An escrow deposit of Ten Percent (10%) of the total contract purchase price (which includes the buyer’s premium) will be wire transferred or hand delivered in the form of certified funds to the Title Company no later than 48 hours following the close of auction. See closing agent’s contact information below. The balance of the purchase price will be due in full at closing. Closing: Closing shall be on or by Thursday, May 25th, 2017. Closing shall take place at Secured Title of Kansas City - Wyandotte, 2100 Hutton Rd., Suite 101, Kansas City, KS 66109. The Closing Agent is Andrea Weis (Escrow Officer) and her contact information is (913) 788-9800. Out of state buyers will be afforded the opportunity to close via email, mail and wire transfer of certified funds.
Possession will be given upon successful closing.
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.