Defiance Missouri House for Sale at Auction – Presley Home

Open House Saturday, October 26th 11AM to 1PM. Bidding Ends Wednesday, November 13th at 10AM. This 1,600+ square foot, 3-bedroom, 2-bath home sits on over an acre in the heart of Defiance, offering a great chance to make it your own. Whether you're looking for a starter home or a property to capitalize on the area's growing short-term rental market, this house has the potential to meet your needs. Located just a block from Defiance's local dining and entertainment options, and with the Katy Trail right across the street, the location is ideal for those seeking convenience and outdoor recreation. The property includes a treehouse and a spacious game room, adding versatility to the space. The home is in good condition, awaiting your personal touch or ready to serve as an income-generating rental. Don't miss your chance to invest in a property with great potential in a prime location. For more information call or text Mike Meagher (636) 251-4545 or Eric Merchant (636) 251-5105. Bundle Event Auction Terms & Conditions 1. Procedure: Bidding ends Wednesday, November 13, 2024, at 10:00 AM, with a soft close, meaning that a bid in the final minute will extend bidding by 3 minutes. 2. BUYERS PREMIUM: 10% Buyer’s Premium will be added to the final bid price to arrive at the contract sales price. 3. ACCEPTANCE OF BID PRICES: Winning bidder will enter into a Contract to Purchase immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction, the winning bidder will be forwarded via email a Contract to Purchase. Trophy Properties and Auction must receive a signed copy of the contract on or before 12:00 NOON, Thursday, November 14, 2024 (hand delivered, faxed, or scanned and emailed). The Seller reserves the right to reject any and all bids. Once accepted, this agreement shall be binding on the parties and their successors and assigns. This agreement is NOT subject to financing, inspections, or other contingencies or delays the closing for such reason. 4. DOWN PAYMENT: 10% of the contract purchase price will be due upon acceptance of the Sales Contract. Business or Personal Checks or Wire Transfer are accepted. 5. BIDDING: Once submitted, a bid cannot be retracted. 6. CLOSING: Closing shall be on or before 3:00 PM., Thursday, December 12, 2024. 7. POSSESSION: Possession will be given at closing, subject to the remaining rights of the current tenant if any. 8. TITLE: Seller shall furnish the buyer(s) at Seller’s expense an Owner’s Policy of Title Insurance in the amount of the purchase price and agrees to provide and execute a proper deed conveying merchantable title to the real estate to the buyer(s). 9. SURVEY: AT SELLERS OPTION, the Seller shall provide a new survey where there is no existing legal description to convey title. 10. REAL ESTATE TAXES: The 2024 Real Estate taxes to be paid by the Sellers. 11. Under no circumstances shall Bidder have any kind of claim against Trophy Properties and Auction, or anyone else if the Internet service fails to work correctly before or during the auction. 12. The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines are drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Both real estate (including all improvements, if any) is being sold As Is, Where Is with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to the end of bidding. All announcements made day of sale take precedence over prior advertising either written or oral. This property is subject to prior sale.