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HOT SPRINGS ABSOLUTE RENTAL HOME AUCTION ~ HOT SPRINGS, AR

Date

Wednesday, Dec. 12, 2018 at 10:00 AM CST

Auction Location

1109 W. Grand Avenue, Hot Springs, Arkansas 71913

Real Estate Description

ATTENTION: HOME BUYERS, LANDLORDS & REAL ESTATE INVESTORS!
Excellent Rental ~ 1,618+/- SF Vinyl Siding Exterior, 3BR/ 1.5BA Home w/Attached Carport ~ 
Conveniently Located on West Grand Avenue, Less than 1 Mile West of Central Avenue ~ 
Offers Made Prior to Auction Day are Welcome ~ Live, Online Bidding Available ~ 
SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER ON AUCTION DAY!

REAL ESTATE DESCRIPTION:  This Vinyl Siding Exterior 3 Bedroom/ 1.5 Bath Home w/ 1,618+/- SF, Built on a 50x120 Ft. Lot in 1950, Needs New Floor Coverings Throughout & Some Cosmetic Updating & Remodeling but Could Quickly be an Excellent Rental Property ~ Home Consists of a Large Living Room ~ Kitchen w/Solid Wood Cabinets & Pantry Closet ~ Master Bedroom w/Private Half Bath ~ 2nd & 3rd Bedrooms w/Cedar Lined Closets ~ Full Bath ~ Formal Dining Room w/Original Hardwood Flooring ~ 2nd Living Area/Den ~ Whole Home Security System ~ Window AC Units & Floor Heaters ~ 1-Car Attached Carport ~ Concrete Patio ~ Partial Basement for Storage ~ Conveniently Located Minutes from Hospitals, Shopping, Restaurants & All Hot Springs has to Offer ~ All City Utilities ~ Hot Springs School District ~ REMEMBER, THIS PROPERTY IS SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER!

TERMS ON REAL ESTATE:  $7,500.00 Cashier’s Check (NO EXCEPTIONS) Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Closing within 30 Days ~ Title Insurance with Warranty Deed Provided at Closing ~ Property Sold Free & Clear of any Liens & Encumbrances ~ 10% Buyer’s Premium ~ Offers Prior to Auction are Welcome!

INSPECTION:  Home can be Inspected Anytime ~ Contact Agent, Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com to View this Property Today ~ Auctioneers will be On-site at 9:00 a.m. on Auction Day.

Aerial

Legal Description

Property Information Packet

DIRECTIONS:  From the Intersection of Central Ave. & Grand Ave. in Hot Springs, Travel 0.8 Mi. West on W. Grand Ave. ~ Watch for Home & Auction Sign on the Left.

Auction Location

Terms

TERMS AND CONDITIONS:  $7,500.00 Cashier’s Check (NO EXCEPTIONS) Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Closing within 30 Days ~ Title Insurance with Warranty Deed Provided at Closing ~ Property Sold Free & Clear of any Liens & Encumbrances ~ 10% Buyer’s Premium ~ Offers Prior to Auction are Welcome!

CLOSING COMPANY:  Hot Springs Title Company ~ Closing Agent: Delania Watson ~ 534 Ouachita Avenue (Suite 3), Hot Springs, Arkansas 71901 ~ (501) 623-4405 ~ Fax/623-5165.

REAL ESTATE TAXES FOR YEAR 2017:  $396.00

SCHOOL DISTRICT:  Hot Springs

TERMS OF AUCTION