1737 Parker Rd
St Louis, MO 63138
$25,000 
Property Image: No image description provided.
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Property Image: No image description provided.
Property Image: No image description provided.
Property Image: No image description provided.
Property Image: No image description provided.
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  • MLS ID:15064079
  • Type:Single Family Detached
  • Beds:3
  • Baths:2
  • Size:1,466 Sqft
  • Lot:1.03 Acres
  • Year Built:1954
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. (NOTE: The seller can stop collecting bids and accept an offer at any time before the clock expires, so the buyer who waits to submit their best offer risks losing the property at a moment's notice.)

Terms and Conditions of Sale:
Type of Sale: Short sale
Acceptable Financing: Cash, Conventional, FHA 203(k)
Other Information: READ CAREFULLY: $3,900 Buyer-paid premium will be added to the Final Auction Bid Amt to be paid separate from and in addition to the final contract price. Despite boilerplate language to the contrary, NO BID WILL BE ACCEPTED BEFORE END OF THE BIDDING PERIOD AND NO OFFER WILL BE ACCEPTED THAT WAS NOT PART OF THE ONLINE BIDDING. When online bidding ends, the top 3 highest bids will be evaluated for viability to close and fund. Cash buyers with proof of funds only. Once verified, the selected bids will submit formal written offers on Realtor Special Sale Contract. The Lienholder will be presented the three (3) top bids along with a chronological bidding history and will make their final choice regardless of pecking order. BID DEADLINE: 1:00 pm on Thursday 02/03/2016. We recommend making a "practice" bid of $15K in advance before the true bidding starts, usually in the final hour of bidding.PLEASE DISREGARD THE SYSTEM-GENERATED APPRAISAL RIDER (below).
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NEGOTIATIONS UNDERWAY
OFFER PERIOD
E X P I R E D
Status: Pending
List Price
$25,000
Minimum Bid
$15,000
Offers
7
Bids
12
Visitors
4
Views
409
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
MF-254
Ford Investments
St. Louis, MO
St. louis, MO 63001
(800) 555-1212
$22,000 CASH $0 $0 15 No $1,000 $22,000 N/A 100% $22,000
AR-480
Carrington Real Estate Services (US), LL
2 City Place Drive
Creve Couer, MO 63141
(314) 413-4711
$21,000 CASH $0 $0 14 No 5% $2,500 N/A 0% $21,000*
JFM-476
RE/MAX Results
8081 Manchester Rd
St. Louis, MO 63144
(314) 781-7777
$18,000 CASH $0 $0 10 No 1% $0 N/A 0% $18,000
MPL-325
Realty-24
1 West Walling Dr
St. Louis, MO 63141
(314) 576-1476
$15,100 CASH $0 $0 15 No $1 $500 N/A 50% $15,100
SAR-249
Realty-24, Incorporated
1 West Walling
St. Louis, MO 63141
(314) 542-0300
$15,000 CASH $0 $0 21 No $500 $0 N/A 100% $15,000
SPD-54
The Wiley Companies
7524 Gardner Park dr
Gainesville , VA 20155
(703) 366-3440
$15,000 CASH $0 $0 30 No 3% $15,000 N/A 50% $15,000
* These offers have attached comments or conditions (Click the bid's net offer figure to read).
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