117 Deer Meadows
Ballwin, MO 63011
$175,000 
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.
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  • MLS ID:1600051
  • Type:Single Family Detached
  • Beds:3
  • Baths:2
  • Size:2,068 Sqft
  • Lot:0.26 Acres
  • Year Built:1969
  • Water:Public
  • Sewer:Public
  • Heating:Natural Gas
  • Cooling:A/C
  • Fireplaces:1
  • Basement:Unfinished
  • Garage:Attached, 2 Car
Description: THIS A HIGHEST AND BEST SALE subject to trustee approval. Opening bid set at $150K (ALL BIDS VIA ONLINE BID PLATFORM ONLY). 5% Buyer-paid premium will be added to Highest Bid Amount. BID DEADLINE: 1:00 pm on Wednesday 1/13/2016. Top-3 Bidders will submit formal offers on Special Sale contract the day following end of bidding period for review and evaluation by trustee. LOOKING FOR HIGHEST/BEST BID. Tree lined streets and close to everything! Mature estate sale home is perfectly livable and well maintained, but could benefit from renovation. Buy now, remodel later; or have contractor do a 3-week transformation prior to move-in with special Renovation Mortgage. Renovations would include: kitchen, baths, flooring, doors, trim, paint, minor exterior work. The end result is a 'like new' home for well under market value! FEATURES: Wide open spaces. Main floor laundry. Formal dining and living rooms (giant-sized LR could be re-purposed into a 4th bedroom and 3rd bath). Covered and screened patio. Oak hardwood flooring has been covered by carpet for many years. GINORMOUS UNFINISHED BASEMENT is ideal for: office, man cave, gym, kids play area (roller skating?), crafts/artist space, teen room... or a combination of uses given the size of the space. 5% Buyer-paid premium will be added to Highest Bid Amount. BID DEADLINE: 1:00 pm on Wednesday 1/13/2016.
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: Traditional
Acceptable Financing: Cash, Conventional, VA, USDA, FHA, FHA 203(k)
Other Information:
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NEGOTIATIONS UNDERWAY
OFFER PERIOD
E X P I R E D
Status: Pending
List Price
$175,000
Minimum Bid
$150,000
Offers
14
Bids
44
Visitors
2
Views
975
Buyer's
Agent
Purchase
Price
Loan
Type
Seller
Subsidy
Home
Warranty
Days to
Close
Home Sale
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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
AH-445
Coldwell Banker Gundaker
1100 Town & Country Crossing Drive
Town & Country, MO 63017
(636) 394-9300
$198,000 Conv 3%($5,940) $0 30 No $1,000 $10,000 N/A 0% $192,060
CM-458
RE/MAX Suburban
16647 Chesterfield Grove Rd.
Chesterfield, MO 63005
(636) 812-4400
$186,500 Conv $0 $0 30 No $2,000 $50,000 N/A 100% $186,500
JTM-449
Berkshire Hathaway HomeServices Alliance
17050 Baxter Road
Chesterfield, MO 63005
(636) 537-0300
$186,000 CASH $0 $0 15 No 3% $187,500 N/A 100% $186,000
WL-462
Wm R Leahy Real Estate
14543 Exton Lane
Chesterfield , MO 63017
(314) 757-1937
$195,150 Conv 5%($9,757) $0 40 No 1% $10,000 N/A 0% $185,392*
MH-455
Berkshire Hathaway Select
13275 Manchester rd
Des Peres, MO 63131
(314) 775-2050
$182,500 CASH $0 $0 10 No 3% $182,500 N/A 100% $182,500
LGD-452
RE/MAX Properties West
16497 Clayton Rd
Wildwood, MO 63011
(636) 532-5900
$180,100 CASH $0 $0 10 No 10% $179,000 N/A 100% $180,100
MF-254
Ford Investments
St. Louis, MO
St. louis, MO 63001
(800) 555-1212
$179,000 CASH $0 $0 13 No 1% $179,000 N/A 100% $179,000
AS-465
Central Properties, LLC
6024 Manchester Rd Ste 200
St. Louis, MO 63011
(555) 555-5555
$179,000 CASH $0 $0 14 No 3% $187,950 N/A 100% $179,000
CM-448
Re/Max Results
8081 Manchester
Brentwood, MO 63144
(314) 781-7777
$181,000 FHA 2%($3,620) $0 30 No 1% $6,500 N/A 0% $177,380*
KMS-456
Realty Resource Partners, LLC
703 N Main
O Fallon, MO 63366
(636) 272-5874
$160,000 CASH $0 $0 15 No 10% $160,000 N/A 100% $160,000*
BN-454
KW Realty Chesterfield
16650 Chesterfield Grove Suite 200
Chesterfield, MO 63005
(636) 534-8100
$158,000 CASH $0 $0 14 No 5% $150,000 N/A 100% $158,000
CDR-359
Countdown Realty
St. Louis
St. Louis, MO 63001
(314) 555-1111
$151,500 CASH $0 $0 10 No 5% $151,500 N/A 100% $151,500
MPL-325
Realty-24
1 West Walling Dr
St. Louis, MO 63141
(314) 576-1476
$150,000 Conv $0 $0 30 No $5,000 $30,000 N/A 100% $150,000*
* These offers have attached comments or conditions (Click the bid's net offer figure to read).
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