WEST BURLINGTON, IA REAL ESTATE AUCTION
Begins:
Monday, Jan. 20th 2025 at 12:00 AM
Ends:
Thursday, Feb. 6th 2025 at 1:00 PM
West Burlington, Iowa
REAL ESTATE AUCTION
(Selling Online Only)
BIDDING ENDS THURSDAY, FEBRUARY 6TH, 2025 at 1:00 P.M.
218 Schwartz St., West Burlington, Iowa
Open House/ Inspection: Thursday, January 23rd from 4 – 5 P.M.
General Description: Selling at Absolute Auction: A ranch-style home located in a desirable neighborhood in West Burlington, Iowa. This property features 2 bedrooms, a full partially finished basement with a family room, an open front porch, and a rear concrete patio. Additional amenities include a concrete driveway, a tandem 2-car garage, and a wood utility shed. While the home needs some updating, it offers great potential for customization and improvement. Selling to the highest bidder, regardless of price. Don’t miss this opportunity to bid on a home with a solid foundation in a fantastic community.
Auctioneer’s Note This property is ideal for first-time home buyers, those looking to downsize, or as an investment opportunity. While the home could benefit from some updating and thorough cleaning, it offers great potential. We strongly encourage all interested parties to attend the open house or schedule a private showing. This auction will be conducted online only, allowing bidders to participate conveniently from anywhere using an electronic device.
Terms: $7,500 earnest money deposit due at the end of the auction with the remainder due on or before March 6, 2025. The seller will provide a current abstract at their expense. Real estate sells “as is, where is”. Sale is not contingent on Buyer’s financing, an appraisal, inspections or any other contingencies and Buyer accepts any remaining personal property at closing. Real estate sells to the highest bidder, regardless of price.
Real Estate Taxes: Taxes will be prorated to the date of closing.
Closing: Closing will take place on or before March 6, 2025. The balance of the purchase price will be payable at closing by guaranteed check or wire transfer.
Possession: At closing upon payment in full.
NO REAL ESTATE BUYERS PREMIUM!
Registration: Visit www.fraiseauction.com to register and bid today!
RONALD WRIGHT ESTATE – SELLER
Kelli Johnson, CFP Trust Officer/Vice President of Farmers & Merchants Bank – Executor
Mike Vance of Vance Law Office
101 N Jefferson St., Mount Pleasant, Iowa 52641 – Attorney for Seller
Open House/ Inspection: Thursday, January 23rd from 4 – 5 P.M.
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COREY FRAISE 319-470-0115