Online Only Real Estate Auction – 233 Jones St, El Dorado KS 67042
*AUCTION WILL BE ONLINE ONLY*
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PROPERTY DESCRIPTION: 3 bedroom 2 bath home, 1288 square feet, built in 1955. This home is the ideal candidate to invest into real estate in need of sweat equity. Fix up and utilize for rental income or resale!
2019 REAL ESTATE TAXES: $1477.04.
TERMS: There will be a 10% buyers premium added to the high bid to determine the contract price. The successful high bidder shall be required to sign the real estate purchase contract linked above and be purchasing the property subject to the preliminary title insurance commitment also linked above. Earnest money is $2,500 due within 24 hours after the conclusion of the auction via wire transfer or certified check delivered to Kansas Secured Title located at 220 W Central Ave, El Dorado Kansas. The balance shall be due upon Sellers submission of merchantable title and closing. Closing date shall be on or before August 18, 2020. 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, inspections, or appraisal. Interested buyers need to view the property prior to the date of the auction and have financing available and any inspections performed prior to bidding. All pertinent information is available upon request. All announcements made the day of the auction take precedence over any other announcements or printed material.