Name REAL ESTATE AUCTION - 3416 W 53rd ST N, WICHITA, KS 67204
Auctioneer Dreiling Realty & Auction, LLC
Type Online-Only Auction
Date(s) 1/14/2023 - 2/2/2023
January 14, 2023, 12:00 p.m. to Feburary 2, 2023, 3:00 p.m. CST
Preview Date/Time By appointment
Checkout Date/Time Closing on or before March 2, 2023
Location 3416 W 53rd St. N.
Wichita, KS 67204
Buyer Premium 10% Buyer's Premium
Description
ONLINE REAL ESTATE AUCTION Ends Thursday February 2, 2023 @ 3:00 pm CST 3416 W. 53rd St. N., Wichita, KS 67204 Formerly 96 Motel - 4636 sq.ft. Built in 1955 Corner Lot .93 acres NE corner of 53rd & Gow 2022 Property Tax: $1,284.65 Zoning: SF-20 Commercial & Industrial Utilities: Well, Septic, Electricity Property offered at ONLINE ONLY auction. | 10% Buyer's Premium will be added to the final bid. | BIDDING CLOSING: Thursday, February 2, 2023 at 3:00 PM CST. Closing on or before March 2, 2023. Property available to preview by appointment. The property is offered at public auction in its present, "as is where is" condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller. It is incumbent upon the buyer to exercise buyer's own due diligence, investigation, and evaluation of suitability of use for the real estate prior to bidding. It is buyer's responsibility to have any and all desired inspections completed prior to bidding including, but not limited to, the following: roof; structure; termite; environmental; survey; encroachments; groundwater; flood designation; presence of lead-based paint or lead based paint hazards; presence of radon; presence of asbestos; presence of mold; electrical; appliances; heating; air conditioning; mechanical; plumbing (including water well, septic, or lagoon compliance); sex offender registry information; flight patterns, or any other desired inspection. Auction announcements take precedence over anything previously stated or printed. Total purchase price will include a 10% buyer's premium ($2,500.00 minimum) added to the final bid. Broker participation is recognized (3% referral fee offered). Call for the broker registration form.
Auction Terms & Conditions By bidding you are representing to Dreiling Realty & Auction, LLC ("Broker" and/or "Auctioneer") and the seller that you have read and agree to be bound by the terms and conditions for this sale as stated herein. If you do not agree with any of the terms and conditions stated DO NOT BID or you will be bound by those terms and conditions. By bidding you agree to all disclosures. All auctions are subject to seller approval. Most sales are approved within 2 days. Buyers are not allowed possession until filing of the deed. A Buyer's Premium of 10% will be added to the high bid and included in the total purchase price. Non-refundable Earnest deposit of $10,000 due at contract signing, day of auction. Buyer will agree to close within 30-days on or before March 2, 2023. The contract will not be subject to inspections, financing, appraisal or interim maintenance. Any lender requirements are the responsibility of the buyer. Title insurance and closing cost will be shared 50/50 between the buyer & seller. There will be a 10% buyer’s premium added to the high bid to establish the contract price. Auctioneer/Agent represents the seller. Broker coop with registered agents only – 24 hours prior to sale. All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale. Dreiling Realty & Auction, LLC represents the Sellers only and does not inspect properties on bidder's behalf. Buyers must conduct their own due diligence and investigation of each property and must also investigate the suitability of each parcel prior to making a bid and purchase at the auction. Buyers must rely solely upon their own investigation and not any information provided by the Seller or Auctioneer. Failure of a Buyer to be fully informed on the condition of a property will not constitute grounds for any claim adjustment or right to cancel sale. All the information contained on this property was obtained from county maps or other sources deemed reliable, but is not guaranteed and may be in error. Seller DOES NOT WARRANT the accuracy thereof. Seller has made no independent investigation of any information provided, and assumes no responsibility for the providing of or absence of any information, whatsoever, or for the accuracy thereof. YOU ARE ENTERING INTO A BINDING CONTRACT. THERE ARE NO REFUNDS OR BID CANCELLATIONS. THE REGISTERED BIDDER IS PERSONALLY RESPONSIBLE, LEGALLY AND FINANCIALLY FOR ALL AUCTION ITEMS BID UPON WHETHER REPRESENTING ONE'S SELF OR ACTING AS AN AGENT. AN ONLINE BID ACCEPTED AT PUBLIC AUCTION IS A LEGAL AND BINDING CONTRACT TO PURCHASE. ANY BIDDER WHO FAILS TO CONSUMATE A PURCHASE WILL BE BANNED FROM BIDDING AT ALL FUTURE SELLER AUCTION EVENTS AND MAY BE PURSUED FOR CIVIL AND/OR CRIMINAL VIOLATIONS. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 500,000.00 2,500.00 USD
500,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 10% Buyer's Premium
Payment Terms
10% Buyer's Premium will be added to the high bid to establish the contract price. A Non-Refundable Earnest deposit of $10,000 will be due at contract signing day of auction. Buyer will agree to close by March 2, 2023.