REAL ESTATE AUCTION
SATURDAY, June 11, 2022 10:30AM
1218 N Magnolia, Newton, KS

Description: Single family Ranch style, 2 bedroom, 1 bath, basement & single car attached garage. This home built in 1950, contains 1116' TLA with lot size being 66' X 182'. Property is in need of repairs but would make a great "flipper".

Agency: Midwest Land Specialists, Inc and Agents are representing the Sellers in this transaction.

Property will be open for inspection & viewing day of auction at 8:30 AM or call Vern at 316-772-6318.

Disclaimer: This property is selling in its present condition "AS IS" for cash and accepted by the Buyer(s) without any expressed or implied warranties from the Seller or the Agents. The Seller warrants Good Title. It is the responsibility of the prospective Purchaser(s) to have any and all inspections completed prior to the time of the Auction. Announcements made by the Auctioneer or Broker at the time of the Auction, take precedence over any printed material or previous statements.

Terms and Conditions: $5,000 non-refundable earnest money is to be paid at the time of signing of the auction contract payable to Security 1st Title Co., the Escrow & Closing Agent. Balance of the contract is due with certified funds at closing on or before JULY 12th, 2022, at which time possession will be given. Title Insurance & closing fees shall be shared equally between Buyer(s) & Seller. Taxes will be prorated to day of closing based on 2021 taxes. Property is being sold in the present "As is" condition & sold subject to any & all Right of Way Easements of Record. The property is being sold with a 10% Buyer's fee with a minimum of $2,000. Broker participation of 3% is being offered if Buyer & Broker register 24 hours prior to Auction Time. The sale is not contingent on Buyer(s) obtaining financing. Any announcements made day of Auction take precedence over printed matter.

Perry W. Waltman, Seller
MIDWEST LAND SPECIALISTS, INC.
Vern Koch, Auctioneer/Realtor Steve McCullough, Broker
Vern Koch 316.772.6318 and Steve McCullough 316.288.5516
 
 

 

 

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