Are you looking for an affordable home in Savannah, Missouri? This 3-bedroom, 1-bathroom home at 1309 W Price Ave, Savannah, MO 64485 is up for auction, offering a great opportunity for owner-occupants. With a spacious lot and plenty of potential, this home is a fantastic deal for those looking to settle in a quiet neighborhood.
Property Overview
- Address: 1309 W Price Ave, Savannah, MO 64485
- Bedrooms: 3
- Bathrooms: 1
- Living Space: 1,404 sq. ft.
- Lot Size: 0.41 acres
- Year Built: 1964
- County: Andrew County
- Property Type: Single-Family Residential
- Occupancy: Owner-Occupants Only
- Auction Start Date: February 11, 2025, at 9:00 AM CT
- Auction End Date: February 13, 2025, at 11:05 AM CT
- Opening Bid: $125,000
Auction Details
This home is part of the HUD Second Chance Auction, meaning it didn’t sell at a previous foreclosure auction and is now being offered at a reduced price.
- The seller will consider pre-auction offers with a signed contract and an earnest money down payment.
- No buyer’s premium or auction service fee will be charged.
- Buyers are responsible for all escrow and closing fees, typically ranging from $750-$3,000.
- Closing must occur within 30 days of the seller’s acceptance of an offer.
- The property is being sold as-is, where-is, with no contingencies.
- The buyer must obtain possession after closing.
- The seller will transfer the title via a Special Warranty Deed if the buyer secures title insurance. Otherwise, it will be transferred via a Quit Claim Deed.
Special Notes
- Owner-Occupants Only – This home is only available to individuals who plan to live in it as their primary residence, HUD-approved nonprofits, or government entities.
- Proof of Funds Required – The highest bidder must show proof of funds or a mortgage pre-qualification within 24 hours of the auction.
- Property Condition – The home is being sold as-is, with potential defects, safety hazards, or debris. The property may also be located in a Special Flood Hazard Area.
- Utilities Disclosure – The utilities are currently turned off and the home has been winterized. Buyers must arrange for utilities after closing.
- Size Verification – Square footage and lot size are based on county records and may not be exact. Buyers should conduct their own measurements before placing a bid.
Property Access and Inspections
Unlike some auction homes, this property is available for inspection with a licensed Realtor. If you’re interested, ask your Realtor to call 800-801-8003 to schedule a visit.
Legal Information
- Legal Description: All of Lot Nine (9), in Elmwood Addition, an addition to the City of Savannah, Andrew County, Missouri.
- Auction Licensing: MO Williams & Williams Marketing Services, Inc., Brian L. Brockman, Lic. No. 2022043368.
Why Bid on This Property?
- Affordable Homeownership – This is a great chance to purchase a home below market value.
- Spacious Lot – With 0.41 acres, you have plenty of room for outdoor activities.
- Convenient Location – Located in a quiet area of Savannah, MO, close to local amenities.
- No Buyer’s Premium – Unlike many auctions, you won’t have to pay extra auction fees.
Next Steps
If you’re interested in this home, make sure to register for the auction before February 11, 2025. If you prefer, you can also submit a pre-auction offer. Be sure to have proof of funds or financing ready to move forward with your bid.
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