Consider 228 SE 101st Rd in Warrensburg, Missouri, for a reasonably priced home with plenty of options. The three bedrooms, two bathrooms, and 1,280 square feet of living space of this 1980 home reflect Originally bid under $80,000, this property is being offered in a Second Chance auction giving buyers an unusual opportunity. Go on reading to learn more about the home, the auction procedure, and important considerations.
Property Features
Comfortable Living Space
This single-family home includes 3 bedrooms and 2 bathrooms, making it an ideal size for small families, first-time buyers, or investors. With 1,280 square feet of space, the layout provides a functional and cozy living environment.
Budget-Friendly Opportunity
The property is on a Second Chance auction, hence it is offered for less than the estimated value by the seller. This is a great chance to purchase a house for inside your means.
Auction Details
- Opening Bid: $80,000
- Auction Dates:
- Starts: Monday, January 27, 2025, at 9:00 AM CT
- Ends: Wednesday, January 29, 2025, at 12:18 PM CT
Special Notes
- This is a cash-only transaction, so financing options are not available.
- The buyer is responsible for all escrow and closing fees, which typically range from $750 to $3,000.
- Closing must occur within 30 days of the seller’s acceptance of the offer.
Important Disclosures
As-Is Condition
The property is being sold “as-is,” meaning the buyer will assume responsibility for any defects or repairs. It may also have health or safety hazards, and it is located in a Special Flood Hazard Area.
Proof of Funds Required
The top bidder has 24 hours from the auction to provide proof of money or a pre-qualification letter from a lender. Customers purchasing in cash have to provide a bank letter or financial account statement proving they have the money to pay for the whole purchase cost.
Utilities Information
The utilities are currently turned off, and the home has been winterized. Buyers are responsible for transferring utilities after closing.
Why Consider This Home?
For someone seeking value, this place is rather good. Whether your quest is for a project, an investor, or a first-time buyer, the cheap starting price combined with Second Chance auction creates a special chance. The small scale of the house makes it perfect for creating a personalized living space while there.
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