2716 Chalet Forest, St Louis, MO 63129

2716 Chalet Forest
St Louis, MO 63129

$90,000

Property Image: No image description provided.

MLS ID:Non-MLS
Type:Single Family Detached
Beds:3
Baths:2
HOA Fee:$125 Annually
Size:1,239 Sqft
Lot:0.18 Acres
Year Built:1977
Water:Public
Sewer:Public
Heating:Natural Gas
Cooling:A/C
Levels:1
Basement:Unfinished, 1,239 Sqft
Garage:Attached, 2 Car

Description: LOOKING FOR HIGHEST and BEST BID under possible short sale conditions to be determined by final sale price. >>>. Minimum starting bid is set at $90K* with an expectation of a final bid price well north of $100K (subject to a minimum reserve). Final offer acceptance is subject to lienholder approval. >>>. * A 5% BUYER PREMIUM IS ADDED TO EACH BID >>>. (Tour dates are below) >>>. A Deal Like This Comes Along Once In A Blue Moon. Buy It. Renovate It. Make It Fabulous! >>>. Good location, good bones, good price. This is the perfect property for anyone looking to update and fix a home to their liking, and it is priced accordingly. >>>. The house is currently occupied and shown by appointment per set schedule. Renovations would include: kitchen, baths, flooring, doors, trim, paint, minor exterior work. The end result is a 'like new' home acquired for less than what fully renovated homes have sold for in subdivision! >>>. 1) Retail value of similar ranch homes in subdivision: $170K to $185K; 2) Estimated cost of whole house renovation: $35K; 3) A 5% Buyer-paid Premium will be automatically added to your bid amount when you submit your best bid; 4) Later when the formal contract is written, the purchase price will be itemized and separated from the Buyer-paid Premium >>>. BID DEADLINE: READ THIS SECTION CAREFULLY AND CALL IF YOU HAVE QUESTIONS. Bid Deadline is 3:00 pm on Thursday 8/27/2015. POSTED BID AMOUNTS ALREADY INCLUDE THE 5% BUYER PREMIUM >>>. EXAMPLE: a $90,000 bid amount will display as A NET OFFER OF $94,500 because it includes the $4,500 buyer premium >>>. Next bid amount could be $90,100 plus $4,505 premium for a total NET OFFER of $94,605 and so on... (HINT: divide the Net Bid Amt by 1.05 to know the buyers actual offer amount before the 5% was added). The TOP 3 BIDS will be given first chance to formalize with a written offers >>>. (IF YOU HAVE ANY QUESTIONS OR TROUBLE, TEXT US AT 314.604.7222) >>>. TOUR DATES and TIMES: Sat: 11a to noon >>>. Sun: 11a to 1pm >>>. Tue: 11a to noon >>>. Wed: 11a to noon >>>. Thur: Online Bidding deadline at 3 pm >>> (Hint: Place your initial bid early to become familiar with the bidding process or text 314.604.7222 for help).

IMPORTANT INFORMATION: Participation in the bidding process is NOT binding for either party. Once the offer collection period has expired and the seller has evaluated all bids, the listing agent will contact the bidder with the most attractive bid and invite a formal, traditional offer.

Terms and Conditions of Sale:

Type of Sale: Short sale
Acceptable Financing: Cash, Conventional, VA, USDA, FHA, FHA 203(k)
Earnest Money Deposit: 1%
Other Information: ATTENTION: The NET OFFER amounts below already include the 5% buyer premium (see above explanation (HINT: divide the Net Bid Amt by 1.05 to know the buyers actual offer amt). Also, despite boilerplate language to the contrary, NO BID WILL BE ACCEPTED PRIOR TO THE COMPLETION OF THE AUCTION PERIOD. Upon end of bidding period, the TOP 3 successful bidders will be evaluated for viability to close and fund. Once approved, formal written offers using Special Sale Contract will be generated. Please specify whether you intend to waive or conduct inspections. 3 day max for inspections or next offer in line will move to primary. DISREGARD THE SYSTEM GENERATED APPRAISAL RIDER.

Listing Agent

Top3Bids.com *

Realty-24
1 West Walling Dr
St. Louis, MO 63141
License #: 1999021971

Office: (314) 414-1111 Ext: 0
Fax:
Mobile: (314) 973-5263
Email Top3Bids.com

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OFFER PERIOD

E X P I R E D

Status: Deactivated

List Price
$90,000

BPO
$180,000

Minimum Bid
$90,000

Offers
11

Bids
20

Visitors
3

Views
1,804

Buyer's Agent	Purchase Price	Loan Type	Seller Subsidy	Home Warranty	Days to Close	Home Sale Contingency	EMD	Cash Down	Seller Addendum Seller Addendum This feature gives the seller the opportunity to tweak the terms of the standard local contract that is the basis of a buyer's offer. By creating this addendum, the seller is outlining changes they seek to the standard local contract and will expect this signed addendum to accompany the winning buyer's formal offer should the buyer agree to the terms outlined within. If the seller is not requiring acceptance of their terms, buyers may reject the terms outlined in the Seller Addendum and still place their bid, but they should do so knowing that a competing party with a similar offer, which agrees to the seller's terms, may be chosen instead of them to make a formal offer and purchase the property. Agents should note that while BidLion does provide a general, default template option that allows the listing agent to create a Seller Addendum with ease, the terms within the Seller Addendum are always customized to fit the property and address the seller's wishes. Thus, the terms outlined within the Seller Addendum are, in fact, the seller's terms and should not be thought of as terms that BidLion is advocating in any way. When creating a Seller Addendum, all agents are advised to make a conscientious effort to outline terms that do not conflict with their local real-estate laws and are fair to both parties of the real-estate transaction.	Appraisal Addendum Appraisal Addendum Low appraisals are becoming more common and can destroy a real estate deal unless the parties involved can mutually agree on a solution should this scenario occur. For such cases, BidLion has created the Appraisal Addendum feature, which allows the buyer to express their capability and/or willingness to work through this problem with the seller should it occur after contract ratification. This eliminates surprise, gives both parties clarity on what will happen should the situation arise, provides the buyer with yet another tool to separate themself from the competition, and provides the seller with yet another tool to evaluate that competition. (NOTE: The Appraisal Addendum is not required and is irrelevant to the buyer who is incapable of paying, or unwilling to pay more than the appraised value. Accordingly, such a Buyer is denoted in this column with "0%".)	NET OFFER
SE-357 Coldwell Banker Gundaker 5538 Telegraph Road Saint Louis, MO 63129 (314) 487-0050	$116,550	Conv	$0	$0	14	No	1%	$20,000	N/A	100%	$116,550
M(L-336 Fabulous Renovations -- Home Improvement 1 West Walling Dr St. Louis, MO 63141 (314) 414-1111	$113,453	CASH	$0	$0	30	No	1%	$0	N/A	0%	$113,453
RME-361 Coldwell Banker Gundaker 9964 Kennerly Center Saint Louis, MO 63128 (314) 849-2880	$113,400	CASH	$0	$0	14	No	3%	$0	N/A	0%	$113,400
M(A-341 Realty24 1 W Walling Dr St. louis, MO 63141 (314) 414-1111	$112,350	CASH	$0	$0	0	No	$1,000	$93,500	N/A	0%	$112,350
SAR-249 Realty-24, Incorporated 1 West Walling St. Louis, MO 63141 (314) 542-0300	$111,563	CASH	$0	$0	14	No	2%	$0	N/A	100%	$111,563
ML-338 Fabulous Renovations -- Home Improvement 1 West Walling Dr St. Louis, MO 63141 (314) 414-1111	$107,100	CASH	$0	$0	15	No	1%	$0	N/A	100%	$107,100
JAB-363 Keller Williams Chesterfield 16650 Chesterfield Grove Rd Chesterfield, MO 63005 (636) 534-8100	$105,000	Conv	$0	$0	30	No	1%	$20,000	N/A	0%	$105,000*
ML-350 Realty24 1 W Walling Dr St. louis, MO 63141 (314) 414-1111	$95,235	FHA	$0	$0	30	No	1%	$0	N/A	0%	$95,235
M(L-340 Realty24 1 west walling dr. Creve coeur, MO 63141 (314) 414-1111	$94,605	CASH	$0	$0	14	No	1%	$0	N/A	0%	$94,605
T*-325 Realty-24 1 West Walling Dr St. Louis, MO 63141 (314) 576-1476	$94,500	CASH	$0	$0	30	No	0%	$0	N/A	0%	$94,500

* These offers have attached comments or conditions (Click the bid's net offer figure to read).

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