Online Only Auction
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Date(s)
9/8/2023 - 10/3/2023
AUCTIONEER INFORMATION
Bidding Notice:

Bidding on Real Estate will begin to close at 5:00pm on Tuesday October 3, 2023. This auction will utilize a 'soft close' whereas the bidding time will be extended by 4 minutes if any bids are placed within the final 4 minutes of timed bidding and will continue until bids are no longer placed.

Auction Notice:

2.5% Buyer's Premium


Information
Lot # 1
Group - Category Real Estate - Residential
Lead 1901 S Pomegranite Street, Sioux City, IA 51106
Description
2 BR, 1 Bath home, with an updated kitchen, on a corner lot in Sioux City, Iowa. Unfinished basemnt, and detached 3 car garage
Name Pomegranite St - Sioux City, IA Real Estate Auction
Auctioneer
Type Online-Only Auction
Date(s) 09/08/2023 - 10/03/2023
Auction Date/Time Info
Closes at 5pm on Tuesday October 3, 2023
Preview Date/Time Open house dates: Tuesday September 26th 4:30-6PM and Monday October 2nd 4:30 - 6PM. Or by appointment.
Checkout Date/Time Tuesday October 3, 2023
Location
Buyer Premium 2.5% Buyer's Premium
Description
Pomegranite Street - Sioux City, IA Online Only Real Estate Auction 1901 S. Pomegranite Street, Sioux City, IA 51106 Begins Closing 5:00 p.m. Tuesday October 3, 2023 This property features a 2 BR, 1 Bath, 1065 sq ft home on a corner lot in the Morningside area of Sioux City, IA. This property has a nice detached 3 car garage. The kitchen and bathroom/laundry room has been updated, there is all new plumbing throughout the home and updated electrical. The home also has a nice deck and patio area in the back. The home is in the Morningside Elementary and East Middle/High School district. This home is ready for a new owner's touch and style. Open House/Inspection Time: Tuesday September 26, 2023 from 4:30 - 6pm, and Monday October 2, 2023 from 4:30 - 6pm General Terms of Real Estate Auction: A 2.5% buyer's premium will be added to the high bid to determine contract price paid by buyer. 10 % down non-refundable deposit, rest due upon delivery of deed and merchantable title on or before 45 days. Taxes pro-rated to the date of closing. All announcements online or with corresponding purchase agreement take precedence over printed or published material. All information provided is from reliable sources, but not guaranteed by auctioneer/seller. Property is sold in As-Is Where-Is Condition with all faults. High bidder will be required to sign a standard purchase agreement within 48 hours of biddings close and to deliver earnest deposit at that time. All bidding is subject to seller's confirmation and acceptance of high bid. Northwest Realty, Inc acts only as agent of the seller. Northwest Realty Carl Nelson - Associate Broker (712) 229-2524 Michaela Kelsheimer - Agent (605) 659-0494 Kurt Paulsen - Auctioneer (712) 870-8182 www.paulsenauction.com
Auction Terms & Conditions General Terms of Real Estate Auction: 10 % down non-refundable upon signed purchase agreement and acceptance by seller, rest due upon delivery of deed and merchantable title on or before 45 days. Taxes pro-rated to the date of closing. All announcements upon execution of purchase agreement take precedence over printed material. Property is offered in it's as-is where is condition with all faults. There shall be no warranties of condition expressed or implied. All information provided is from reliable sources, but not guaranteed by auctioneer/seller. 2.5% Buyer's Premium applies. TERMS & CONDITIONS BY PLACING A BID, BIDDER CERTIFIES THAT THEY HAVE READ AND WILL ABIDE BY ALL TERMS AND CONDITIONS AS STATED BELOW. IT IS THE BUYER'S RESPONSIBILITY TO UNDERSTAND ALL THE TERMS AND CONDITIONS PRIOR TO BIDDING. Pictures and Item Descriptions Multiple photos will be included in item descriptions whenever possible; however, photos may or may not fully represent the item. Lighting, surroundings and other factors can affect the perception of an item in a photo; therefore, all bidders are responsible for their own personal inspection of the item(s) before placing a bid. Photos and descriptions are to be used as a guideline only. Paulsen Auctions, LLC will not be held liable for any software or software malfunction discrepancies. Reserve Bidding Items on auction may have an undisclosed reserve. Sellers, Paulsen Auctions, LLC, or other agent of seller may bid on items up to reserve amount in order to aid in the sale of the item. *By placing a bid, bidder signifies that they have inspected the property to their satisfaction. *Paulsen Auctions, LLC reserves the right to remove property prior to close of the auction. *Paulsen Auctions, LLC reserves the right to reject any bid at our discretion. Descriptions are for Identification purposes; they constitute no warranties expressed or implied. You are encouraged to make your own in-person inspection of all property before bidding.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 10,000.00 5,000.00 USD
10,000.01 - 69,999.99 2,500.00 USD
70,000.00 - 99,999.99 1,000.00 USD
100,000.00 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 2.5% Buyer's Premium
Payment Terms
10% down non-refundable upon signed purchase agreement and acceptance by seller, rest due upon delivery of deed and merchantable title on or before 45 days.
No shipping offered
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.