1946 Lobo Dr , Festus, MO 63028(Jefferson County)

Auction Starts: 9:00 AM 8/1/2017 Auction Ends: 1:20 PM 8/3/2017 Nominal Opening Bid: $70,000. This is a HUD Second Chance home auction - Second Chance means it didn't sell to a new homeowner at the Foreclosure Auction. During this Second Chance auction period, the home is discounted below appraised value. This is a limited time opportunity. 3BR 2BA 1,620+/- sf mobile/mnftd home. Built in 2000. Approx 8ac lot. Taxes approx $1,228 ('16). . Buyer will not be charged a Buyers Premium or Auction Service Fee. . Broker co-op fee not offered. . Buyer is responsible for all escrow fees typically ranging from $850-$1,500. . Closing must occur on or before 21 days from seller's acceptance of offer. . Buyer is responsible for obtaining possession of the property after closing. . The property is being offered as is, where is, without any contingencies. . Seller will agree to transfer title via Special Warranty Deed (or jurisdictional equivalent) if buyer secures title insurance, at buyer's expense, without delaying the closing date (title insurance costs are typically based upon the purchase price. Please contact the closing and/or title company for estimates.). Seller shall transfer the property via quit claim deed (or jurisdictional equivalent) if buyer does not purchase title insurance. . Exempt from the FHA 90-Day Flipping Rule if acquired during this auction. Broker Licenses: MO Dean C Williams RE LIC 2002028398