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Jennifer Luckett Living Estate Auction – Laddonia, MO

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Property Description

Due to my health I have decided to sell my home and 15+/- acres at Internet only Auction.
Seller: Jennifer Elaine Luckett

4276 W. Main, Laddonia, MO 63352

Bidding ends Wednesday, November 7th @ 10 AM.

Open House Saturday, October 27th from 10 AM to 11 AM.

15+/- acres of flat to gently rolling land with approximately 9+/- acres of cropland with a mixture of Mexico and Leonard silt loam soils. The balance of the land is woods, creek and 2bd/1ba home.

For more information call or text Frank Wallace (573) 470-0779 or Jason Wallingford (314) 882-6971.

Terms & Conditions:

  1. PROCEDURE: Bidding ends Wednesday, November 7, 2018, at 10:00 a.m., with a soft close, meaning that a last-minute bid will extend bidding by 5 minutes.
  2. BUYERS PREMIUM: 5% Buyer’s Premium will be added to the final bid price to arrive at the contract sale price.
  3. ACCEPTANCE OF BID PRICES: Winning bidder(s) will enter into a Contract to Purchase immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction, the winning bidder will be forwarded via email a Contract to Purchase. Trophy Properties and Auction must receive a signed copy of the contract on or before 12:00 NOON, Thursday, November 8, 2018 (hand delivered, faxed or scanned and emailed). All final bid prices are subject to approval or rejection by Seller.
  4. DOWN PAYMENT: 10% of the contract purchase price will be due upon acceptance of the Sales Contract. Bidding is not contingent upon financing. The balance of the purchase price will be due at closing.
  5. CLOSING: Closing shall be on or before 3:00 p.m., Thursday, December 6, 2018.
  6. POSSESSION: Possession will be given at closing, subject to the remaining rights of the current tenant if any.
  7. TITLE: Seller shall furnish the buyer(s) at Seller’s expense an Owner’s Policy of Title Insurance in the amount of the purchase price, and agrees to provide and execute a proper deed conveying merchantable title to the real estate to the buyer(s).
  8. SURVEY: AT SELLERS OPTION, the Seller shall provide a new survey where there is no existing legal description sufficient to convey title. Sales price will be adjusted based upon surveyed acres.
  9. REAL ESTATE TAXES: Seller shall pay 2018 and all prior year real estate taxes if any.
  10. Under no circumstances shall Bidder have any kind of claim against Trophy Properties and Auction, or anyone else if the Internet service fails to work correctly before or during the auction.

The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Real estate is being sold As Is, Where Is with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to the end of bidding.

 

 

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