EL DORADO, KS MULTI-PROPERTY RESIDENTIAL REAL ESTATE AUCTION (1)

AUCTION DATE:  Thursday July 10, 2014 5:00 P.M.
PROPERTY LOCATION:  202 W. Locust, El Dorado, Ks.  Auction will be held on-site.

PROPERTY DESCRIPTION:  2 bedroom 1 bath investment property with a detached garage.  This house sits on a corner lot, has a newer hot water heater and forced air furnace, and with some fixing up would make an excellent investment property.
LEGAL DESCRIPTION:  The East 73 feet of Lot 1, Block 14, in the Original Town, now City of El Dorado, in Butler County, Kansas.
2013 REAL ESTATE TAXES:  $224.16 general taxes, $27.00 special taxes.
TERMS:  Earnest money for the real estate will be $1,000 due at the conclusion of the Auction and the balance due upon Sellers submission of merchantable title and closing. Closing date shall be on or before August 11, 2014. Closing fee and title Insurance fee will be split 50/50 between Seller and Buyer. Selling subject to easements, restrictions, roadways and rights of way.  This property is not selling subject to financing. Interested buyers need to view the property prior to the date of the auction and have financing available prior to bidding. Personal property payment accepted is cash or check with proper ID.