Wednesday, March 7 Clifton Internet Only Real Estate Auction

Auction | details

Internet bidding · property information · location · support materials · videos · pictures · recommendations · broker participation · terms

Property location
The real estate is located at the intersection of Parallel Avenue and Washington Street in Clifton, Kansas.

Auction location
This auction is an Internet only auction. Place bids now on this page.

Close of bidding
The items will begin to close at 10:00am CST on Wednesday, March 7, and will sell to the winning Internet buyer at that time. This auction will feature our automatic extension system. For this real estate auction, a one hour extension will be added to the end of the auction if a bid is received in the last hour. The item will then close when one hour has elapsed without any activity. If the auction extends to 5:00pm, bidding will be halted and resumed at 9:00am CST on Thursday, March 8.

Property inspection
Inspection times available by appointment. Call Purple Wave at 785.537.5057 for details.

property | information

Terry's Auto and Terry's Liquor · 119 E Parallel Avenue · Clifton, Kansas
The property located at 119 E Parallel Ave. in Clifton, Kansas, includes a cement block building with cement floor on a corner lot. The facility's last use was Terry's Auto and Terry's Liquor. There are two automotive bays, one located in the southwest corner of the building with a lift that was used as a mechanic's shop and one located in the northwest corner with a drain that was used as a wash bay. The building contains the pipes for pneumatic plumbing to both bays as well as outside to provide air to customers after hours. The underground storage tanks have been filled with concrete by the KDHE. The southwest room of the facility was last used as Terry's Liquor and includes shelves built into the north wall. The room has a gas heater and a window air conditioner. The center room contains the drops for phone and cable, and has a restroom and storage room on the north side. Both DSL Internet and digital cable are available at the site. The center room also has a storage area above it, accessible by a ladder in the main bay.

The building's two garage bays each have 16-foot ceilings and are fitted with 10' x 10' garage doors. The main bay is 17'1" x 26'. It features an in-ground automotive lift, gas heater, attic storage space, ceiling-mounted tire rack, sodium vapor light, swamp cooler (fan motor does not currently work) and work bench.

The building features an 18'11" x 12'11" office space that previously functioned as a liquor store. The office has 8-foot ceilings and is only accessible from outside. The office has a window air conditioner, gas heater and built-in shelving.

The building's center room is a 20' x 14'8" space near the bathroom area. The center room, restroom and storage room all have 8-foot ceilings. The center room features a gas heater and built-in shelving. The 3'11" x 5'7" restroom is located just off the northwest corner of the center room. A 5'8" x 5'7" storage room on the northeast corner of the center space was previously used as a second restroom. Fixtures from the second restroom will be included in the auction.

• Cement block building with cement floor
• Roof replaced in 1996
• Outside air hose
• Corner lot
• Underground storage fuel tanks secured by the KDHE
• 2006 property taxes $543.39

Storage building, garage and shed · 117 E Parallel Avenue · Clifton, Kansas
The property located at 117 E Parallel Ave. in Clifton, Kansas, includes a garage, a shed and a storage building. The storage building has a stucco exterior, a tile floor, and two entrances. The garage is 18' x 30' and has a gas heater, electricity, a floor tire rack with three shelves, a 10'x10' garage door as well as a side door entrance. The tin storage shed is located northwest of the garage.

The stucco building previously had electricity. The building's former bathroom now functions as a storage room. Additional storage space is located above the storage room.

• Corner lot
• Roof replaced in 1996
• 2006 property taxes $152.27

Property information documentation
Property information document will be available for download on Tuesday, February 13.

internet | bidding

property | location

Legal description
A parcel of land fifty feet by fifty-four feet constituting the southwest corner of lot thirteen, city of Clifton, Washington County, Kansas, further described below.

Beginning at a point sixty feet east of the southeast corner of block twenty-two, and forty and five-tenths feet north of the center line of Parallel Avenue; then east a distance of fifty feet parallel to the center line of Parallel Avenue; then north a distance of fifty feet; then west a distance of fifty-four feet; then south a distance of fifty feet; then east a distance of four feet parallel to the center line of Parallel Avenue to the place of the beginning. Also included is lot one and the east six feet of lot two in block twenty-two in the city of Clifton, Washington County, Kansas.

The property described above is subject to all easements, restrictions, and reservations of record.

Clifton, Kan.
The following text is printed verbatim under section 2 of the GNU Free Documentation License. The original URL is viewable at http://en.wikipedia.org/wiki/Clifton%2C_Kansas

Clifton is a city in Washington and Clay counties in Kansas. The population was 557 at the 2000 census.

Geography
Clifton is located at 39°34'1" N, 97°16'48"W (39.567063, -97.279982).

According to the United States Census Bureau, the city has a total area of 1.0 km sq. (0.4 mi sq.). None of the area is covered with water.

Demographics
As of the census of 2000, there were 557 people, 240 households, and 149 families residing in the city. The population density was 537.6/km sq. (1,378.7/mi sq.). There were 278 housing units at an average density of 268.3/km sq. (688.1/mi sq.). The racial makeup of the city was 98.74% White, 0.54% Native American, and 0.72% from two or more races.

There were 240 households out of which 28.8% had children under the age of 18 living with them, 52.1% were married couples living together, 6.7% had a female householder with no husband present, and 37.9% were non-families. 35.4% of all households were made up of individuals and 22.5% had someone living alone who was 65 years of age or older. The average household size was 2.32 and the average family size was 3.06.

In the city the population was spread out with 26.6% under the age of 18, 7.5% from 18 to 24, 21.9% from 25 to 44, 20.1% from 45 to 64, and 23.9% who were 65 years of age or older. The median age was 39 years. For every 100 females there were 86.3 males. For every 100 females age 18 and over, there were 77.8 males.

The median income for a household in the city was $21,750, and the median income for a family was $34,375. Males had a median income of $26,458 versus $16,167 for females. The per capita income for the city was $13,962. About 16.2% of families and 21.0% of the population were below the poverty line, including 26.1% of those under age 18 and 28.5% of those age 65 or over.

property | support materials

legal description from warranty deed

letter from KDHE regarding storage tanks

2006 tax statement
119 E Parallel

2006 tax statement
117 E Parallel

property | videos

Property | pictures

119 E Parallel Avenue

facing north from Parallel Ave.

facing NE from corner of Parallel and Washington

facing E from Washington

facing SE from NW corner of property

facing SE from NW corner of property

swamp cooler on north wall of main bay

facing N into main bay from
10' x 10' garage door

facing N into main bay from garage door

facing SW from NE corner of main bay

facing SE from NW corner of main bay

facing W from SE corner of main bay showing door to center room and ladder to storage area above center room

W wall of main bay
from garage door

N wall of main bay from W wall

E wall of main bay from N wall

roof of main bay from NE corner

roof of main bay facing NE
from storage area entrance

view of sodium vapor light on ceiling from garage door

gas heater in
SW corner of main bay

swamp cooler on
N wall of main bay

Milton Driveway Signal installed on W wall of main bay

breaker on N wall of main bay

SW corner of main bay showing door and ladder and storage entrance

center room from SE corner

center room from NE corner

center room from NW corner

digital cable available

DSL Internet available

gas heater in center room

gas heater in center room

exterior power controls on S wall of center room

restroom
NW corner of center room

restroom
NW corner of center room

storage room in NE corner of center room used to be second restroom

fixtures from second restroom included

office on SW corner of building used to be liquor store

facing NE from SW corner
shelves are built in to N wall

facing W from NE corner of office

facing SE in office showing entrance space between office and center room could be reopened to make walkway

facing NE from garage door to secondary bay

facing SE from garage door to secondary bay

facing SE from garage door to secondary bay

facing W to garage door of secondary bay from NE corner

facing NW from door to center room showing garage door of secondary bay

secondary bay has drain

showing ceiling of secondary bay from garage door

facing south from end of secondary bay showing door to center room

heater in NE corner of secondary bay

ceiling of secondary bay

controls on S wall of secondary bay

pneumatic plumbing for secondary bay

water heater in NE corner of secondary bay

117 E Parallel Ave.

facing NW from intersection of Parallel and Washington

facing NE from SW corner of property

property is just E of Clifton Senior Center

shed located at NW corner of property
facing SE

facing SW from NE corner of property

facing W from Washington

facing NW from Parallel

property is located on Highway 9

facing W from garage door

facing NE from SW corner of garage

facing SE from NW corner of garage

facing E showing roof from W wall

facing N in storage building from W door

facing NE in storage building from W door

old restroom in storage building

facing W in storage building from E room

showing entrance to E room from main room in storage building

NE storage room in storage building

roof above E window in storage building

facing N from E door of storage building

auction | recommendations

Thoroughly read the property information document and familiarize yourself with the properties offered and the auction terms and conditions. If you will require financing, please see a lender for pre-qualification. If you have questions about the terms, conditions or purchase agreement, contact our office and speak with one of the auction staff.

Attend an open house/preview and inspect or drive-by each property in which you are interested. Establish a range of value for the property and bid within your limits. We do not recommend that you bid on a property that you have not seen. There is not an inspection period after the auction.

Deposit is 10% down on auction day. The deposit is non-refundable.

When preparing a sealed bid, if offered, read through the property information package. It may contain title information, income/expense statements, surveys, and general property information. It will also completely detail the sealed bid process.

All information about the property has been provided by the seller. All bidders must verify all information to their own satisfaction prior to bidding.

Immediately upon completion of the auction, winning bidders will be required to execute an Auction Contract. Please be prepared to close the transaction within 30 days.

Buying real estate at auction is simple and easy.
Good luck in your bidding!

auction | buyer broker participation

For the properties located at 119 E Parallel Ave. and 117 E Parallel Ave. in Clifton, Kansas, to be auctioned on Wednesday, March 7, 2007, a commission will be paid to any properly licensed real estate broker whose buyer is the successful purchaser for this property and who actually closes and pays the total contract sale price for the property. The commission shall be paid as follows:

Three percent commission will be paid on any pre-sale or written opening bid amount shown on the broker participation form, included in this document or available upon request. A one percent commission will be paid on the amount by which the successful high bid at auction, not including the buyer's premium, exceeds the bid amount indicated on the broker participation form.

If an opening bid is not written on the broker participation form, or the form is not submitted according to the terms listed thereon, then a one percent commission will be paid to the broker on the full amount of the successful high bid.

To earn the buyer broker commission, the participating broker must register his or her bidder by completing the broker participation form in full and must fax, mail, or email it to Purple Wave Auction, Inc. The form must be received no later than 24 hours prior to the start of the auction.

Download buyer broker participation form

The form should be sent to:
Purple Wave Auction, Inc.
701 Enoch Lane
Manhattan, KS 66502

auction@purplewave.com
785.539.5356 f

auction | terms

Conditions of sale
Everyone must register for a bidding number. The owner warrants to convey marketable title to the real estate through a limited warranty deed, free from all encumbrances, liens, or judgments at the time of closing.

Buyer's premium
A 10% buyer's premium will be added to the bid to establish the contract price the successful bidder must pay. For example, a bid of $100,000 will be assessed a $10,000 buyer's premium, creating a contract price of $110,000.

Restrictions
The property is sold subject to all city, county, and state laws, ordinances, and regulations as well as any and all easements, encumbrances, and restrictions applicable to the property. Seller is placing no restrictions on the property.

Release
By its acceptance of the deed, buyer shall be deemed to release seller, Purple Wave Realty, and Purple Wave Auction, Inc. from any and all claims and liabilities relating to any defect, deficiency of other matter concerning the property including, without limitation, the quality, condition, quantity, or use of the property. Sellers, Purple Wave Realty and Purple Wave Auction, Inc. give no warranties of any kind either expressed or implied, with respect to the condition, merchantability, use size, configuration, design, or suitability of the property.

Legal courses of action
Bids are a binding offer to enter a contract and you are responsible for honoring them. Every legal remedy available will be used to ensure buyer's performance of this contract. Buyer accepts responsibility for and agrees for buyer and all of buyer's agents, representatives, successors and assigns to indemnify, defend and hold harmless sellers, Purple Wave Realty, Purple Wave Auction, Inc., their employees, governing body, officers, owners, affiliates, subsidiaries, directors, agents, and representatives from and against any and all claims, losses, damages, liabilities, judgments, fees, costs, and expenses including reasonable attorneys' fees and expenses related to, arising from, or associated with (I) the sale of the property, including, but not limited to, personal injuries or property damage incurred on the sale premises or during removal and transport of any auction item, (II) buyer's use of Purple Wave Auction, Inc.'s website and (III) a dispute with another bidder.

Arbitration
For disputes between buyer and seller, Purple Wave Realty and/or Purple Wave Auction, Inc., that are not resolved by the parties within ten days after any party gives notice to the others of its desire to arbitrate the dispute, the dispute shall be settled by binding arbitration by the American Arbitration Association in accord with its then-prevailing rules. Such arbitration shall be conducted in Manhattan, Kansas. Judgment upon the arbitration award may be entered in any court having jurisdiction. The arbitrator shall have no power to change the provisions of this agreement. The arbitrator shall consist of one arbitrator, who must be a real estate attorney actively engaged in the practice of law for at least the last five years.

Bid rejection
Purple Wave Auction, Inc. reserves the right to reject any and all bids from any bidder.

Bid retraction
By placing a bid, buyer and all other bidders acknowledge all terms of the auction and agree not to retract the purchase offer. If a bidder cannot satisfy the terms of the auction, the bidder should not bid.

Assessment of condition
All bidders, including buyer, should rely solely on personal inspection and not information listed in this property information document, on the website, or otherwise provided by Purple Wave Realty, Purple Wave Auction, Inc. or seller. Any bidder's failure to inspect, or otherwise be fully informed as to the nature, quality, condition, quantity, and size of any items will not constitute grounds for any claim, adjustment, refund, termination of the Auction Contract, or refusal to close the sale.

Auction contract
Please note that the Auction Contract executed by buyer and seller immediately following the close of the auction will be written based on the manner in which buyer bids. Buyer will be closing on the tract or combination of tracts on which buyer is the successful bidder in the final manner in which buyer bids at the auction.

Real estate brokerage services disclosure
Purple Wave Realty and its auctioneer, Purple Wave Auction, Inc., represent the seller in this transaction. They do not represent the buyer in any manner and they must be completely loyal and faithful to the seller. Purple Wave Realty has an exclusive right to the listing for this transaction. All negotiations must be conducted through Purple Wave Realty. Purple Wave Realty is the exclusive agent for the sellers in this transaction. All successful bidders will be required to sign an agency disclosure form at the time of signing the Auction Contract, if applicable.

Purple Wave Realty's involvement in contract
The seller and buyer hereby agree that Purple Wave Realty is an intended third party beneficiary of the Auction Contract and shall receive compensation as stated in the agreement between it and seller.

Utilities
Neither Purple Wave Realty, Purple Wave Auction, Inc. nor the seller guarantees the availability of utilities, public or private. This exclusion consists of, but is not limited to, wells, septic tanks, access to public utilities, or any hook-up fees therewith. Confirmation of utility availability is the bidder's sole responsibility.

Terms
A 10%, non-refundable deposit based on the contract price will be due from buyer immediately after buyer is declared the winner. The balance shall be payable in cash at closing in 30 days. This transaction is not contingent on the buyer obtaining financing or upon any other event except as specifically referred to in these terms and conditions. Personal or business checks will be accepted with a bank letter guaranteeing payment of such funds.

Remedies
If buyer chooses not to close within the stated time herein and no written extension has been granted by the seller, the buyer will forfeit all the deposit and Purple Wave Realty may disperse the deposit as stated in the listing agreement. Notwithstanding the foregoing, seller may seek any other relief or remedy in law or equity, including suing the buyer for specific performance, which buyer expressly agrees is permitted, and/or any additional damages the seller suffers by the default of the buyer.

Escrow
All monies collected on sale day will be deposited in an escrow account, the location of which is listed below.

Capital Title Insurance Company
4805 Vue Du Lac Place
Manhattan, KS 66503

Possession
Buyer shall receive possession of property at the date of closing.

Multiple tract sales
Individual purchases are to be considered as singular transactions not contingent on the sale of other properties or tracts. Purple Wave Realty reserves the right to offer the property in individual tracts or lots, combinations of tracts or lots, as a whole or in anyway that we see fit in order for it to bring the most money for the seller. The sale of combinations supersedes the sale of individual tracts. The decision of the auctioneer is final. Seller and Purple Wave Realty reserve the right to amend any terms or conditions prior to or during the auction.

Closing cost
Buyer shall pay all closing costs associated with purchasing the property. Such costs include but are not limited to examination of title and / or title insurance, fees charged by a lender or lenders, property insurance, mortgage insurance, credit report(s), property legal survey, all recording fees, and fees charged for services by the escrow and / or closing agent. Additionally, any other fees associated with the transaction, including inspections such as termite or other pests, whole house or lead based paint, shall be paid by the buyer. Also, buyer(s) shall pay for charges and fees by buyer's attorney. Seller shall not pay any closing costs.

Closing location and agent
The closing location and agent will be determined on or before the auction date.

Title insurance
All title insurance commitment fees and premiums will be paid by buyer.

Taxes
Real estate, personal property, and other taxes or governmental assessments against the property will be prorated to the day of closing.

Miscellaneous
All prior understandings and agreements between the parties are merged into this agreement, which constitutes the entire agreement between the parties. Time is of the essence of this agreement. This agreement shall be construed in accordance with and governed by the laws of the state of Kansas. No delay or failure by seller to exercise any right hereunder, and no partial or single exercise of such right, shall constitute a waiver of that or any other right, unless otherwise expressly provided herein. This agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, legal representatives, and assigns.