3006 SW 55th St, Oklahoma City, OK 73119 Great Starter home, Retirement home, or Investment Property. Close to Will Rogers Airport. 3 Bedroom 1.5 Bathroom 2 Car Garage Saferoom Carport Patio Cover Storage Shed Built 1960 per county records 1084 Square Feet Lot Size 9191 Square Feet Central heat and air Taxes $780 per year -------------------------------------------------------------------------------------------------------------------------------------------------------- Live and Online auction: Bidders can bid in person at our live auction at 3006 SW 55th St Oklahoma City, OK on April 13th at Noon or by logging on to bidderupauctioneers.hibid.com, neither seller nor auction company are responsible for loss of signal by either side. All information has been taken from sources believed to be reliable; however, no guarantee is being made by the auction company or the seller. Buyer should satisfy themselves as to any inspections prior to bidding. Property is being sold in as-is where-is condition. All financing must be in place prior to bidding and no contingencies! Any announcements day of sale supercede all advertising. Internet bidders who desire to make certain their bid is acknowledged should use the proxy-bidding feature and leave their maximum bid 24 hours be for the auction is set to close. Special terms and conditions, and Buyer's Premium apply for all sales. Home is being sold as-is where-is. no warranties or guarantees expressed or implied. Less and except any mineral rights not previously conveyed. Buyer premium of 3% added to the high bid. Down payment of 10% to be placed in escrow. Certifed funds required at closing. Closing within 30 days of close of auction or on good title. Copy of disclosure or any other questions contact broker Loy Gosszen 405-401-8327. Bidder-Up Auctioneers Inc., an Oklahoma Corporation is domiciled in Oklahoma at 2932 NW 122nd St., Ste 26, Oklahoma City, Oklahoma. Telephone contact is 405-600-0106, Faxcimsile 405-753-5425. Supervising broker is Loy Gooszen and may be reached at 405-401-8327. AR License #2876. Broker #PB00094675. ----------------------------------------------------------------------- Real Estate terms and conditions: Property is offered on an cash sale, "AS - IS" basis, no warranties or guaranties expressed or implied. Auction Sales Method: The real estate will be offered as individual tracts of real estate. PRE-OFFERS: Pre-offers must be submitted to Bidder-Up Auction and Realty INC., ON OR BEFORE Friday April 12th, 2024 AT 3:00 PM CST, Then the auction company and seller reserves the right to cancel the auction at their discretion. Terms of the auction will remain in effect for any pre-bid offers. Survey: At the buyer's option and expense, they can have the property surveyed if desired. The final contract price will not be adjusted to reflect any difference between the advertised and actual surveyed acres. Minerals: Property sold less and except all mineral interests not previously conveyed. Taxes: The real estate taxes will be pro-rated to the day of closing. Contract and Title: Immediately upon the conclusion of the bidding, the high bidder(s) will enter into a real estate contract and the earnest money will be deposited in the Real Estate Trust Account of the Bidder-Up Auctioneers INC. or assigned title company. The seller reserves the right to reject any and all bids unless being sold absolute. Earnest Payment: Earnest money in the amount of ten (10%) percent of the contract price shall be due with the acceptance of the offer. The payment may be in the form of a cashier’s check, personal or company check with bank letter of guarantee, or wired funds. Earnest money will be deposited in the Real Estate Trust Account of Bidder-Up Auctioneers INC. or assigned title company. Closing: The sale closing is 30 days after acceptance of bid, or such other date agreed to by both parties. Certified funds will be required at the time of closing for the remaining balance of the purchase. The balance shall be paid in the form of certified funds upon closing. Possession: Possession will be granted at closing, or such other date agreed to by both parties, subject to the current commercial lease. Agency: Bidder-Up Auction and Realty INC. stipulates that they are representing the seller exclusively in this transaction. Bidder-Up Auctioneers INC. acts as the Auctioneer and Auction Company. Winning bidder acknowledges that they are representing themselves in completing the auction sales transaction. Notice: All information contained in this ad and brochure has been gained from sources considered to be reliable. However, bidders are invited to inspect the property and make their own investigations with respect thereto. This sale is subject to all easements, covenants, leases, and restrictions of record. All sales are presumed to be made by the individual judgment of the purchaser. All property is sold on an “As is- Where is” basis with no warranties or guarantees, expressed or implied, made by the Realtor or Seller. All map boundaries are approximate, and photographs used may or may not depict the actual property. All bids will be on a whole dollar amount basis. Seller reserves the right to reject any and all bids. Any announcements made auction day by the auctioneer will take precedence over any previous material or oral statements. Bidding increments are at the sole discretion of the auctioneer. All decisions of the auctioneer are final. Buyers Premium: 3% Buyer's Premium - There will be an additional 3% fee added to the hammer price paid by the buyer. Internet Bidding: Will be available by clicking online bidding link to register. Neither the Auction Company nor the Seller is responsible in the event of loss of internet signal by either side. ARBITRATION: Any action, claim, controversy, counterclaim, dispute, or proceeding arising out of the Property Issues and involving Seller, Bidder, Buyer, or Auctioneer, in any combination, whether controlled by federal or state law, and whether an issue of law or equity, including the determination of the scope and applicability of this agreement to arbitrate, shall be determined and resolved exclusively by final and binding arbitration, with no appeal permitted, except as provided by applicable law for the judicial review or enforcement of arbitration decisions. The arbitration shall be administrated by Judicial Arbitration and Mediation Services, Inc., or its successor, and decided by a panel of three (3) independent arbitrators. Judgment on the arbitration award may be entered in any court having jurisdiction. The parties waive the right to any legal action and trial by jury. The costs of arbitration, including the fees and expenses of the arbitrators, but not including the parties' attorneys' fees, shall initially be paid equally by them. The prevailing party shall be entitled to collect from the other its full costs associated with the arbitration, including reasonable attorneys' fees. All aspects of any arbitration shall be permanently kept confidential and not disclosed in any form or manner to any entity, media, or person, and the parties shall jointly move the court entering judgment on the arbitration award to so order. Any arbitration must be commenced within two (2) years from the date when the cause of arbitration accrues, or it will be forever barred. The right of arbitration shall accrue, and the two (2) year limitation period shall begin to run, on the date the breach, damage, or injury is sustained and not when the resulting damage or harm is discovered. CHOICE OF LAW, JURISDICTION, AND VENUE: Any Auction matter shall be exclusively construed and governed in accordance with the laws of the State of Arkansas without regard to its conflict of laws principles. The exclusive jurisdiction and venue for any controversy or claim between the parties shall be the County of Oklahoma in the State of Oklahoma. MISCELLANEOUS: The Terms of Auction shall bind Bidders and their agents, assigns, attorneys, beneficiaries, brokers, directors, distributes, employees, executors, heirs, legatees, officers, representatives, shareholders, and successors in interest. No deletion, modification, supplement, or waiver of any provision of the Terms of Auction shall be made, except by Auctioneer's written revision or oral announcement at the Auction. Severability Clause: Any part, provision, representation or warranty of this Agreement which is prohibited or which is held to be void or unenforceable shall be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof. Any part, provision, representation or warranty of this Agreement which is prohibited or unenforceable or is held to be void or unenforceable in any jurisdiction shall be ineffective, as to such jurisdiction, to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction as to any Mortgage Loan shall not invalidate or render unenforceable such provision in any other jurisdiction. To the extent permitted by applicable law, the parties hereto waive any provision of law which prohibits or renders void or unenforceable any provision hereof. If the invalidity of any part, provision, representation or warranty of this Agreement shall deprive any party of the economic benefit intended to be conferred by this Agreement, the parties shall negotiate, in good-faith, to develop a structure the economic effect of which is as close as possible to the economic effect of this Agreement without regard to such invalidity.