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Online Only Real Estate Auction!
Burlington, Iowa
Located at 819 Emmett Street.
Auction Opens: Thursday, August 30th
Auction Closes: Thursday, September 6, 2018 at 5:00 PM
Open House on Thursday, August 30th from 4-5pm
TWO BEDROOM HOME
You’ve seen it on TV, now here is your chance to flip a house! Bring your gloves and your masks as this house is in need of a major home renovation. This two bedroom home has 840 sq.ft. of living space and is situated on a large 80’x130’ lot. The layout of the home offers two bedrooms, living room, kitchen, full bath, utility room with gas forced air furnace, gas hot water heater, washer/dryer hookups and 100 amp breaker box.
Terms:20% down payment on September 6, 2018. Balance due at closing with a projected date of October 22, 2018, upon delivery of merchantable abstract and deed and all objections have been met.
Possession: Projected date of October 22, 2018.
Real Estate Taxes: To be prorated to date of possession on the basis of the last available tax statement. Seller shall pay any unpaid real estate taxes payable in prior years.
Assessed Value: $27,000
Real Estate Taxes
Gross/Net $624.00
SPECIAL PROVISIONS:
- This online auction will have a 10% buyer’s premium, capped at a $1,000 max. This means the buyer’s premium in the amount of ten percent (10%) of the bid amount shall be charged to the Buyer and added to the bid amount to arrive at the total contract purchase price.
- This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
- This auction sale is not contingent upon Buyer’s financing or any other Buyer contingencies.
- Purchasers who are unable to close due to insufficient funds or otherwise, will be in default and the deposit money will be forfeited.
- The buyer acknowledges that he/she has carefully and thoroughly inspected the real estate and is familiar with the premises. The buyer is buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the same.
- Steffes Group, Inc. is representing the Seller.
- Any announcements made the day of sale take precedence over advertising.
Owners: Richard F. Cluney Sr. & Carol M. Cluney
R.F. Cluney Jr. – Power of Attorney
Sara L. Haas – Attorney for Seller
For information contact auction manager Nate Larson of Steffes Group, 319.385.2000 or 319.931.3944 (cell)
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TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by sellers or auction staff are deemed correct but are not guaranteed. You are responsible for your own physical inspections, due diligence and any bids placed. Payment is due within 2 business days or additional charges may incur.
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