Montrose, IA Online Only Real Estate Auction
Larry & Penelope Bucher Real Estate Auction
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Bid your price on this large 2-bedroom investment property selling Absolute Auction, regardless of price. Features new GFA furnace, fenced rear yard and oversized 1-car garage. In need of some TLC but has great potential!
Began: Wednesday, October 28, 2020 at 12:00 PM CDT
Ended: Thursday, November 19, 2020 at 1:00 PM CDT
ONLINE ONLY REAL ESTATE AUCTION
204 Cedar Street, Montrose, Iowa
BIDDING ENDS: THURSDAY, NOVEMBER 19TH AT 1:00 PM
OPEN HOUSE: THURSDAY, NOVEMBER 5TH FROM 4:00 – 5:00 PM
General Information: Large 2-bedroom investment property selling at Absolute Auction, regardless of price. Features eat in kitchen, huge living room, enclosed front & rear porches, partial basement, fenced yard and an oversized 1 car garage. This home is in need of TLC but has a newer GFA furnace and has tremendous potential for an investor/home flipper who’s looking for a winter project!
Auctioneer’s Note: Come take a look and Bid Your Price!! We strongly encourage all interested parties to attend the open house! Auction will be conducted online only, whereas each bidder can conveniently bid with an electronic device from anywhere!
Terms: $5,000 earnest money deposit at the end of the auction with the remainder due on or before December 18, 2020. The seller will provide a current abstract at their expense. Home sells “as is, where is”. Sale is not contingent on Buyer’s financing or any other contingencies. This real estate positively sells to the highest bidder, regardless of price. Buyer accepts any remaining personal property at closing.
Real Estate Taxes: Taxes will be prorated to the date of closing.
Closing: Closing will take place on or before December 18, 2020. The balance of the purchase price will be payable at closing in the form of guaranteed check or wire transfer.
Possession: At closing upon payment in full.
LARRY & PENELOPE BUCHER – SELLER
Gregory Johnson of Johnson Law Office – Attorney for Seller
Fraise Auction & Real Estate
PO Box 8, New London, IA 52645