Great opportunity for the right buyer! 65’x146’± lot in the heart of Dallas. Less than 5 minutes to Dallas Love Field. Amazing Inground pool with hot tub, built in outdoor kitchen with pergola and a 20x20 detached garage structure. Mature landscaping is a great bonus on the property.
The current house is 3215 ±Sq ft. The current owners hired a contractor to put a second story on their home in late 2020. In short, the contractor was found to be negligent in adding the second story and supporting it properly. This has caused major structural problems with the home. Current Problems may include structural, roof, floor, wall, ceiling damage as well as mold in the home. This house is being sold as is, where is. The buyer of this property should be very familiar with all the documents posted under the documents section of this page. The high bidder will be asked to sign contracts and documentation that the property is being bought as is where is and release all sellers and agents of any liability. Prospective buyers who want to view the inside of the house at the open house viewing will have to sign a release of liability prior to entering.
*Please read all documentation in the documents section of this page.
Sells subject to Owner Confirmation
Opening Bid: $50,000
Garage: 2 Car Detached
Square Foot ±: 3215
Amenities: Pool
Being Sold "AS-IS WHERE-IS" .
A buyer's premium is a percentage of the high bid that will be added to the high bid and become part of the purchase amount at settlement.
- s31VVA_258879_survey_r1.pdf
- Architect drawings.pdf
- Waiver for Access to Property.pdf
- Disclosure supporting additional material_6541 Oriole.pdf
- Texas Property Disclosures_6541 Oriole.pdf
- 6541 disclosure supporting documents.pdf
- information about brokerage services.pdf
- Broker Participation Agreement.pdf
- From the Podium lg font.docx
- Combined Commitment.pdf
CLOSING DATE:
Closing is on or before July 27th, 2023
BUYER’S PREMIUM:
There will be a 10% buyer's premium ($2,500 minimum) added to the winning bid to calculate the contract price.
TERMS:
An Earnest Money Deposit of 10% ($2,500 minimum) of the contract price is due immediately after the Auction by personal or company check for onsite bidders and by wire transfer for online bidders. The Real Estate Taxes will be prorated through the date of closing. The property is being sold "AS IS" and is NOT subject to financing, inspection or appraisal. Personal Property is not included in the auction.
ONLINE BIDDER CONTRACTS:
Contract Packages will be sent by e-mail to the successful high bidder at the end of the auction. Successful high bidder must execute, and fax, email or hand deliver the package back to Assiter Auctioneers within 24 hours of receipt. Successful high bidders not executing and returning their contract with earnest money deposit within 24 hours of receipt will be considered in default and subject to an Administrative Fee.
DISCLAIMER:
All information contained herein is believed to be correct to the best of the auctioneer's knowledge. The information is being furnished to bidders for the bidder's convenience and it is the responsibility of the bidders to determine that information contained herein is accurate and complete. Any reliance on the contents shall be solely at the recipient’s risk. Bidders must conduct and rely solely upon their own investigations and inspections. The property is being sold "AS IS" with any and all faults. Please review all information supplied and seek appropriate assistance prior to bidding.
AGENCY DISCLOSURE:
In all transactions, Assiter & Associates, LLC, Tommy R. Assiter II, Ryan Rickles, Lindsey Rickles and Lila Monden are acting as agents for the seller, not as buyer's agent.
ADDITIONAL AUCTION TERMS:
Assiter & Associates, LLC dba Assiter Auctioneers fully supports the principles of the Fair Housing Act and Equal Opportunity Act. Assiter Auctioneers reserves the right to remove or cancel the bids and or bidding rights and privileges of any party at any time deemed not to be in the best interest of the seller. All items are subject to prior sale or removal from the auction.