Real Estate Auction Elgin, Ok May 22nd 6pm
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Real Estate Auction
Tues May 22nd 6pm
204 K Street Elgin, Ok
Approx 1,172 sq ft Frame Home with 3 Bedrooms 1 Bath 2 Living Area and Washroom. Nicely Landscaped . Property has a play house and storage building in the backyard. Home has hardwood floors and Panel Heat and Window AC. Lots of Storage Great Rental or First Home.
Built in 1960
Estimated Taxes: $624.12
Legal: Lot 8 Blk 2 K-Lowe Addition Elgin, Ok
Term on Real Estate
Down Payment: 5% of contract Sales price is due day of auction, balance at closing on or before 30 days from auction.
Buyers Premium: 10% Buyers Premium will be added to the final bid to determine the contract sales price.
Possession: At closing on or before 30 days from auction.
Conditions: Auction is open to the public. Property sells in its AS IS condition with good marketable title. Warranty deed and up-to-date abstract. Property sells subject to owner confirmation.
Financing: Property sells for CASH. Buyer needs to have financing arranged prior to auction.
Closing Fees: Seller will bring abstract to date; taxes will be prorated to day of closing. Buyer and seller will split closing company fee 50%-50%. Buyer will be responsible for all their own loan closing costs.
Inspection: Residential Lead Base Paint Hazard Reduction Act give the POTENTIAL buyers an optional 10-day period prior to auction to conduct a lead-based paint inspection or risk assessment at their own expense.
Starting Bid: This is not a minimum bid, just a suggested figure where you, the buyer may start the bidding. Remember it’s not where you start, but where you stop that counts.
Announcements made at the auction supersede all oral and printed information. All information contained in this brochure was derived from sources believed to be correct but is not guaranteed. All measurements are approximate
Call for Private Showing or Details
Stallings Auction Service 580-248-6676
Noela Stallings – Broker