LIVE ON-SITE & SIMULCAST

REAL ESTATE AUCTION!
Come & Bid Live In Person OR

Bid Online at JBRauctions.com!

The Gene & Joyce Veith Estate

641 S Thompson Street, Vinita, OK
In The Cason-Powell Addition

REAL ESTATE DESCRIPTION:  FANTASTIC FLOOR PLAN!!!

Truly has been a “One Family Owned Home! Gene & Joyce Veith built this home new, raised their kids, then on into retirement!

Cason Powell Addition 634/304 Block 3 Lot 9, 8,564 Square Foot Lot, Privacy Fenced Back Yard –

Home Originally Built in 1956/1957, major additions were made later, which were designed by Gene’s brother who was an architect in Hawaii –

1,961± Sq. Ft. Living Space Plus 336± Sq. Ft. Attached Garage &  72± Sq. Ft. Attached Yard Shed –

Living Room, Dining Room, LARGE Family Room w/Fireplace –

3 LARGE Bedrooms w/Extra Closets, “Sitting Room Space” In Each Bedroom! –
Could Be A 4 Bedroom??? –

Full Bath & ¾ Bath –

Storage Room –

Range & Dishwasher –

Wall to Wall Carpeting Over Hardwood Floors –

Tile Floor in Kitchen –

Heil Central H&A, Attic Fan –

Covered Front Porch, Covered Back Patio –

Concrete Driveway –

2024 Estimated Taxes: $844.13 –

OPEN FOR VIEWING: 

Mondays, 5:00 – 7:00 PM, Aug. 26^th, Sept. 2^nd & Sept. 9^th, Also On Auction Day at 9:00 AM! And By Appointment!

ALSO, A SEPARATE ONLINE AUCTION SELLING

THE HOME CONTENTS!

JBRauctions for More Information

918-256-5524

REAL ESTATE TERMS: 

STARTING BID: $75,000.00. The Starting Bid is in no way a statement of minimum bid acceptable or an opinion of value made by the Sellers or the Auctioneers.  We post a “Starting Bid” only to answer the question we are asked the most – “Where are you going to start the bidding?”.  Where we “start” makes no difference ---- it’s always the last bid that counts!

Non-Refundable $5,000.00 Due at the time of Auction, cash or personal check accepted, to be placed in Escrow with FirsTitle, balance due by electronic transfer at closing. 

If the winning Bidder fails to close for any reason they shall forfeit the $5,000.00 Escrow Deposit to the Sellers & Auctioneers and the property will be offered to the second highest Bidder for the balance due.

Live On-Site Bidders will not be charged a Buyer’s Premium.
Online Simulcast Bidders shall be charged a 5% Buyers Premium to cover the Online Expense.  The 5% will be added to the amount of the high bid to determine their final purchase price.

Seller to provide abstracts to date and title insurance commitment showing marketable title according to the title standards of the Oklahoma Bar Association, warranty deed and documentary stamps. 

FirsTitle Abstract & Title Company, Vinita, OK shall be the escrow and closing agent.  Buyer responsible for $400.00 closing fee to the title company. 

Property sells by legal description in its present “as-is” condition.  Prospective Bidders are encouraged to perform any inspections of the property they desire, at their expense, prior to the Auction! 

$844.13 Taxes prorated to closing date. 

Closing on or before October 14^th, 2024, or at a time agreeable to both parties.

Property sells subject only to confirmation by the Sellers, Seller retains the right to accept or reject the final bid. 

This property is owned by Gene & Joyce Veith’s Children, the Estate has already been settled, the Auction does not require Court Confirmation.

Come Prepared To Buy! 

PLEASE NOTE: 

The square footages and other information listed came from the Craig County Assessor Files.  Prospective Bidders should confirm any measurements or other information that would make a difference to them prior to them bidding.

BUYER BROKER PARTICIPATION ENCOURAGED!