Sealed Bid submissions shall be made on Seller’s Letter of Intent template, available in the documents section. All submissions shall outline, in detail, Offeror’s terms to be considered a valid offer, Offeror’s LOI, must be received by Dave Brown at the physical address, Berkshire Hathaway HomeServices PenFed Realty, 1617 N Waterfront Parkway, Ste 110, Wichita, KS 67206 and/or at the email address auctions@penfedrealty.com on or before Monday, April 30, 2024, at 5:00 p.m., CT.
ACCEPTANCE OF LOI; The Seller reserves the right to: a) negotiate further with any individual Offeror at Seller’s sole discretion, b) accept or reject any and all offers, and c) request credit information the Seller, and its agents, deems necessary to determine, at Seller’s sole discretion, the Offeror’s ability to perform under the financial obligations of the purchase contemplated. A Real Estate Purchase Agreement will be provided to Offeror within three (3) days after the agreed upon LOI.
CLOSING; Closing shall occur within thirty (30) days after the agreed upon Real Estate Purchase Agreement by Offeror/Buyer and Seller. Each potential buyer is encouraged to perform his/her own independent inspections, investigations and due diligence concerning the described property. It is the buyer’s responsibility to have any and all desired inspections completed prior to bidding. Descriptions are believed to be accurate but are not guaranteed.