328 Kipling Way, Weldon Springs MO Real Estate Auction

Lot #: 1

328 Kipling Way, Weldon Springs MO 63304

Nestled at 328 Kipling Way #G in charming Weldon Spring, this renovated and updated home presents a unique opportunity! Featuring vaulted ceilings, skylights, multiple decks for outdoor space, updated kitchen with a beautiful granite countertop, a community pool, clubhouse, and tennis courts, this property offers ease of access and a welcoming layout! Close to shopping, schools, and with easy access to parks and trails nearby, this 2 bedroom home is a perfect choice.This home includes: Maytag 30in microwave, Bosch dishwasher, Maytag refrigerator with icemaker and water dispenser in door, Roper Washer & Dryer, Lennex heatpump A/C, Lennex Air Handler, Elan straight rail chairlift, Insignia wallmount TV (primary bedroom), new granite kitchen countertop, updated tile floor in kitchen, hall, and bathroom.Open houses scheduled from 1pm to 3pm on 5/25, 5/27, & 6/1 *We had to reschedule the June 7th open house for May 27th due to a scheduling conflict*Sells to the highest bid at or above the undisclosed reserve. Opening bid $165,000https://mar.mlsmatrix.com/Matrix/MyListings.aspx?c=H4sIAAAAAAAEAItWMrGwNFbSUTIFYksgBrLzSnNyKCKUDA2oYMrQIZQOT6hWPNSA7udYAPv8DkhdAQAAThere is a 3% split of the Auction Premium offered to participating brokers who fill out the broker participation form, details are in the form, please check the item listing for a copy of this documentPlease make sure you have read the terms of this sale before bidding.Extended Bidding: If this is a timed auction, If a bid is placed in the last 10 minute(s) the auction will automatically extend for an additional 10 min. Open House/Due Diligence Inspection periods for this home, are listed in the auction.This deal is not contingent on financing.Buyer Agrees That There Is A 7% AUCTION PREMIUM: There is a 7% Auction Premium in effect for this auction, paid by the buyer.A $5,000 non-refundable deposit will be required from the successful high bidder. The remainder of the funds will be due in cash at closing. THIS AUCTION HAS ON-LINE BIDDING. PLEASE DO NOT WAIT UNTIL THE DAY OF THE AUCTION TO REGISTER, IF YOU EXPERIENCE TECHNICAL PROBLEMS WE MAY NOT BE ABLE TO ASSIST YOU IF YOU WAIT UNTIL THE LAST MINUTE TO SIGN UP.If you need help registering please call the office at 314-680-8598.Reserve: This is an auction has a reserve, the seller has set a minimum price and has reserved the right to reject any and all bids. Per the Seller's direction, the reserve is the opening bid.Non-refundable Deposit: The winning bidder shall bring a non-refundable deposit of $5,000 to our office (or other mutually agreed upon location) and execute a purchase agreement the next business day following the conclusion of the auction. Deposit must be in the form of wire transfer, cashier's check, personal check with a bank letter of guarantee, or cash.Balance of Purchase Price: The balance of the purchase price is due at the close of the sale, which shall be approximately 45 days after the Auction Date. Closing may happen sooner contingent on applicable closing documents being completed and both buyer and seller agreement. Closing will be at Investors Title in Hazelwood, MO. with the Buyer paying all reasonable and customary Buyer expenses and the Seller paying all reasonable and customary Seller expenses. Auction Premium: A 7% auction premium will be added to the final bid. If you bid $100,000.00 the total sale price will be $107,000.00.Pre-Auction Offers: The Auctioneer will accept pre-auction offers. All such offers must be made before the last day of the auction and must be made with the Auctioneer's Contract. Such offers must comply with all the terms and conditions listed here and must be submitted with a $5,000 deposit. If the offer is accepted this deposit will become non-refundable.Buyer's Broker: In order to be recognized as a buyer's agent and receive Buyer's Broker commission you must be a Realtor?, pre-register your buyers with the Auction Company using the Buyer's Broker Participation Agreement at least 24 hours prior to the Auction Ending Date and Time. Agents who fail to pre-register their buyers as stated will be entitled to a 3% Buyer's Broker's commission if they comply with the other terms of the Broker Participation Agreement. Broker or Agent cannot act as a principal and broker on the same transaction. See the Broker's Participation Agreement for details. There will be no exceptions to the Broker's Agreement policy.Possession: Closing will take place no more than 45 days from the day of the auction. The seller at closing will convey a good and marketable title. Buyer & Seller will be responsible for customary closing costs issued by the title company. Possession shall be given to the successful Buyer(s) at closing. Easements: The sale of this property is subject to any and all easements of record.Real Estate Taxes and Assessments: Real Estate taxes shall be prorated to the date of possession. Purchase Agreement: The successful bidder shall execute a purchase agreement the following business day after being declared the winning bidder by the auctioneer. Please Note: The purchase agreement will offer no contingencies, including but not limited to financing.AS IS: Buyer acknowledges they are buying property in AS-IS condition, without inspection rights after the auction bidding closes, contingencies, and without warranty or guarantee of any kind. Each potential buyer is encouraged to perform his/her own independent inspections, investigations, inquiries, and due diligence concerning the described property. Buyer(s) will rely on his/her own judgment and inspection or any inspector they choose (at buyer's expense). A seller's disclosure will be available on this website. Agency Disclosure: Coast2Coast Auction & Realty and their representatives are the Seller's Limited Agent and all parties employed by or associated with Coast2Coast Auction & Realty represent the Seller in this transaction.Financing: Terms for this auction are cash. The seller is offering no other terms or contingencies. Therefore the buyer may NOT purchase this real estate subject to loan approval. Buyer(s) must be capable of paying cash at closing.General Warranty Deed: Seller(s) will provide an owner's policy of title and convey title with a General Warranty Deed.Backup Bids: In the rare event that the winning bidder is unable to close on this transaction, we will contact the under-bidder to see if they want to have us accept their last bad as a backup offer (if it was above the seller's reserve. Warranty and Condition of Items Sold: All items are sold 'AS IS, WHERE IS', with NO WARRANTY expressed or implied. It is the responsibility of the buyer to determine the condition of the items and bid accordingly. Descriptions are believed to be accurate but not guaranteed. When you are not certain of the condition or use of an item, please bid accordingly.Sale of Property:Due Diligence Inspection: Auctioneer and Seller will make this property available for due diligence Inspections. Such inspections will be at the Buyer's expense. There will be 2 Open House/Due diligence inspection periods, please arrange for your inspector to come during those times. The Seller has not lived in this property and therefore recommends that the Bidder/Buyer conduct their own inspection. Internet Outage: If there is a problem with the Internet bidding the auctioneer reserves the right to re-open the bidding to make up for the bidding time that was lost due to the outage. The winner is determined by the ability to close on the property. Being the high bidder does not guarantee the sale of the property.