Two Single Family Homes

AUCTION PROCEDURES: Property 3334 S. Seneca St. is an absolute auction. Property 1002 S. Ida Ave. is subject to seller's confirmation. Online bidding is by approval only. Bidding will remain open until three (3) minutes have passed without receiving an acceptable bid. J.P. Weigand & Sons, Inc. Auction reserves the right to request a proof of funds letter from a bank to participate in online bidding. 

BUYER’S PREMIUM: A buyer’s premium of ten percent (10%) of the final bid will be added to the final bid price to determine the total purchase price.

AUCTION TERMS: The successful bidder shall be required to deposit, as non-refundable earnest money, an amount equal to either: (a) ten percent (10%) of the total of the combined amount of the Final Bid Price and of the Buyer’s Premium if bidder opts for closing to occur thirty (30) days from the full execution of the Auction Real Estate Purchase Agreement; or (b) fifteen percent (15%) of the total of the combined amount of the Final Bid Price and of the Buyer’s Premium if bidder opts for closing to occur forty-five (45) days from the full execution of the Auction Real Estate Purchase Agreement. Final determination of earnest money and closing to be made upon bidder’s execution of the Auction Real Estate Purchase Agreement. The sale of the property at auction shall not be contingent upon the Buyer obtaining financing or insurance. The Buyer acknowledges and agrees that the purchase is being made on a non-contingent basis and that failure to secure financing or insurance shall not relieve the Buyer of any obligations under the terms of the sale. Checks will be made payable to and held in escrow by a title company to be named. The balance of the purchase price will be paid in certified funds at closing. Possession is subject to tenant rights.

IMPORTANT NOTICE TO ALL BIDDERS: Seller is a licensed real estate salesperson in the State of Kansas. All the information contained in this brochure was obtained from sources believed to be correct but is not guaranteed. This property will be sold “as is, where is” and bidders shall only rely on their own information, judgment, and inspection of the property and records. Any personal property currently on the premises is excluded from the sale. This property will be sold subject to any applicable Federal, State, and/or Local Government Regulations.

BROKER PARTICIPATION: At the completion of a successful closing, a fee of three percent (3%) of the final bid price will be paid by J.P. Weigand & Sons, Inc. to the broker properly registering and representing the successful bidder. Please visit WeigandAuctions.com for a detailed explanation of Terms and Conditions.