REAL ESTATE AUCTION Property Information Package Property of the Lequeta Joy Carlos Estate Saturday, March 15, 2008 12 Noon Licensed Auctioneers & Real Estate Marketors Harrisburg, MO Brent Voorheis, CAI, CES 573-874-5988 573-808-3989 R.E. Voorheis 573-874-5987 573-289-5987 e-mail: brent@voorheisauction.com OntheWeb: www.voorheisauction.com Carlos Estate Property Information Page
AUCTIONEER S DISCLAIMER All information contained here in 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 bidder to determine that information contained herein is accurate and complete. Any reliance on the contents shall be solely at the recipient s risk. Each bidder must conduct and rely solely upon its own investigation and inspection. The property is being sold AS IS with any and all faults. Please review all information supplied and seek appropriate assistance prior to attending and bidding at the auction. Announcements made from the auction podium take precedence over written matter and prior oral statements. Carlos Estate Property Information Page 2
TERMS & CONDITIONS Terms: Successful bidder will pay $5,000 as earnest money, when signing real estate contract, day of auction, with the balance payable at closing in 30 days. Sellers will provide title insurance. Taxes will be pro-rated to closing. Possession will be granted at closing time. Owners are highly motivated to sell however the property does sell subject to the owners' confirmation. As Is, Where Is : This property is being sold with any and all faults. Bidders must conduct and rely solely upon their own investigation and inspection. Agency Disclosure: In all transactions, the auctioneer is acting as agent for the seller, not as buyer's agent. Carlos Estate Property Information Page 3
Sells Anything at Auction Successful Auctions for OVER 45 years! R.E. Voorheis 11440 North Route J Harrisburg, MO 65256 Ph. 573-874-5987 Licensed Auctioneers & Real Estate Practitioners Brent Voorheis, CAI, CES 10877 North Route J Harrisburg, MO 65256-9730 Ph. 573-874-5988 Fax 573-449-6160 E-mail: brent@voorheisauction.com On the Web: www.voorheisauction.com WELCOME TO THE AUCTION If you have never bought real estate at public auction, this will give you the opportunity to become acquainted with the most advanced method of marketing being used in the world today. In a recent survey conducted by the Gallup Organization, more than $60 billion worth of real property was sold at public auction. The National Association of Realtors predicts, in the near future almost 1 in 3 properties will be sold by auction. We believe the auction method of marketing is a win-win proposition for everyone involved. Real estate auctions benefit local neighborhoods and the general marketplace by insuring a timely and efficient sale, avoiding the problems associated with unsold and vacant properties. The auction method of marketing is the fairest way to determine market value. Through an open public forum of competitive bidding, the property s true market value will be reached. Voorheis Auction and Realty has been conducting successful auctions for almost 50 years and you can expect the highest level of honesty and integrity. This property is being offered AS IS, WHERE IS with any and all faults. We encourage you to read through the PIP (including the enclosed contract for the sale of real property), and attend the previews prior to bidding at the auction. In addition, the sale is not contingent upon your ability to obtain financing before closing. Please pre-qualify yourself with a lender, and keep your limits in mind as you bid. This is a great opportunity for you to purchase a Mid Missouri country home...at YOUR PRICE! Please call us at 573-808-3989 with any questions. Our experienced staff will be more than happy to assist you from the office, at the preview or at the auction. We look forward to seeing you at the auction, and GOOD LUCK with your bidding! Brent Voorheis, CAI, CES Carlos Estate Property Information Page 4
Property of Lequeta Joy Carlos Estate Carlos Estate Property Information Page 5
Aerial view of Carlos Property taken from Boone County Assessor s Website Carlos Estate Property Information Page 6
Boone County, Missouri - Assessor http://www.showmeboone.com/ass Tom Schauwecker Boone County Assessor Assessor, Tom Schauwecker Assessor Home Tax Relief Boone County Government Center 801 East Walnut Columbia, MO 65201-7732 (573) 886-4270 Office (573) 886-4254 Fax Personal Property Filing Requirements Procedure for Assessing Business Personal Property Search Update Declaration Real Property Search Reassessment Application for Appeal of Assessment(pdf) Mapping Parcel Viewer Aerial Photo Viewer Colors Parcel 12-719-00-05-005.00 01 Property Location 2610 BLUE RIDGE RD City COLUMBIA (01) Road COUNTY ROAD DISTRICT (CO) School COLUMBIA (C1) Library Fire Owner Address CARLOS LEQUETA JOY 2610 BLUE RIDGE RD City, State Zip COLUMBIA, MO 65202-2158 Subdivision Plat Book/Page Section/Township/Range 32 49 12 Legal Description FLISCHEL SURVEY SUR 289-206 TR 2 BENEFICIARY DEED Lot Size 105.5 x 375 Deed Book/Page 2921 0105 2921 0104 0597 0678 0445 0185 Current Appraised Current Assessed Type Land Bldgs Total Type Land Bldgs Total RI 14,700 89,300 104,000 RI 2,793 16,967 19,760 Totals 14,700 89,300 104,000 Totals 2,793 16,967 19,760 Previous Year's Tax Year 2007 Amount $1,176.71 Residence Description Year Built 1970 (Estimate) Use SINGLE FAMILY (101) Basement FULL (4) Attic NONE (1) Bedrooms 3 Main Area 1,042 Full Bath 1 Finished Basement Area 1,042 Half Bath 0 Total Rooms 5 Total Square Feet 2,084 www.showmeboone.com, Boone County, Missouri. 801 East Walnut Columbia, MO 65201 USA. Carlos Estate Property Information Page 7
Map of Columbia Carlos property identified with star Lange Middle School Oakland Junior High School Oakland Park & Pool Blue Ridge Elementary School Carlos Estate Property Information Page 8
Broker Participation Form Terms & Conditions (This form must be submitted 24 hours prior to the auction.) Thank you for participating in our real estate auction. Please read carefully the following information as well as the example given. Voorheis Auction & Realty must receive this affidavit of registration for bidder and broker/ salesperson at least 24 hours prior to the auction. If you are unsure or need additional information, please contact Brent Voorheis. Thank you. Commissions paid to the participating broker accordingly: A commission will be paid to the Broker at settlement at a rate to one and one-half per cent of your client s opening bid and an additional one-half per cent of the difference between the opening bid and final accepted high bid. For example: If you and your client agree to give an opening bid of $100,000 and the property sold to your client for a high bid of $150,000, your broker would receive 12% of the $100,000 and 2% of $50,000 for a total co-op fee of $1,750.00. To qualify, the Broker or Salesperson must: 1. Register bidder by mail or fax with Voorheis Auction & Realty at least 24 hours prior to the auction. 2. The Broker must provide an opening bid on the property. The buyer s opening bid is $. 3. Attend the auction with the bidder and bid for or with the registered bidder. The undersigned hereby certify and agree to the following terms and conditions: Commission will be paid to broker/salesperson upon closing and receipt of monies by Voorheis Auction & Realty, provided undersigned buyer is the successful bidder on the property located in Columbia, MO, known as property of the Lequea Joy Carlos Estate. Commission paid to broker/salesperson representing primary bidder only. Commission paid only to broker/salesperson whose bidder is primary buyer, purchasing the day of auction. Broker/salesperson and buyer hereby attest that broker/salesperson is serving as agent for the buyer and not as a principal involved in the purchase of the property. Broker/salesperson and buyer, by placing their signatures below, certify they have inspected the subject property to their satisfaction for their intended uses, and understand and agree they are purchasing the real estate in asis condition with a clear, marketable and insurable title being the only guarantee. Buyer acknowledges that Voorheis Auction & Realty represents the seller only in this transaction. No broker/salesperson will be recognized on a bidder who has contacted or been contacted by the seller or Voorheis Auction & Realty staff. Announcements day of auction take precedence over any prior, written and/or oral information. No exceptions to the above conditions. Real Estate Company Print Potential Buyer s Name Broker/Salesperson Signature Date Potential Buyer s Signature Date Office Phone Cell Phone 10877 North Route J Harrisburg, MO 65256-9730 Phone: 573-874-5988 Brent s Cell 573-808-3989 E-mail: brent@voorheisauction.com Fax: 573-449-6160 Web: www.voorheisauction.com Carlos Estate Property Information Page 9