Home To Be Sold

Sunday Night to The

Best & Highest Bidder

1225 Mayo Street, Irving, Texas 75060

Sunday

bids start at

$160,000

(Price is NOT a typo)

1225 Mayo Street, Irving, Texas

-2,502 Sq Ft

-4 bedrooms & 3 bathrooms

-Spacious 2 Car garage, finished out

-9 ft ceilings throughout 1st floor

-Foam insulations, save on energy costs

-New Custom Built 2006/Former Model Home

-All Appliances included

-Oversized lot 50 x 200

INSTANT EQUITY OPPORTUNITY

Open House

Inspection Hours

Saturday - 1pm to 5pm                                                        

Sunday  -  1pm to 5pm

Contact Information

Agent:               (972) 263-5044         (972) 263-5044

Description:

Custom Built Model Home. Most of the first floor has 9ft ceilings. Foam insulation used to save on energy costs. Each room has cable, telephone lines & dual switches for ceiling fan & light. Ceramic tile in entry, kitchen, breakfast area, utlity room & baths. Direct vent fireplace in family room, that will actually heat home. Open family room with view from kitchen & breakfast area. Master bedroom is down & split from secondary bedroom that makes great guest room or home office with bath. Upstairs there are 2 secondary bedrooms & a full bath.

Directions to the Property:

From Hwy 183, South on MacArthur to Shady Grove, turn left on Shady Grove. Turn right on Mayo Street, home is located on the right.

How The Final Bidding Works & The Rules

How the Bidding Process Works

Getting involved in the bidding process is simple. The bid can be withdrawn at anytime.  To get involved simply fill out a Bid Sheet before you leave.

Here's how the final round robin bidding process works. We will conduct several rounds in this manner until there is only one bidder left. We will call the top bidder and let them know the bidding has begun. Then we call the other bidders one after the other. Here are the options the bidders have when we contact them.

1. Raise your current above the highest bidder by at least $500 to stay in the bidding.

2. Retire from the bidding process.

We will offer the home to the highest/best bidder at his or her highest bid price.

If the highest/best bidder does not meet the conditions of the terms-of-sale or fails to provide credible ability to purchase the home-the home will immediatley be offered to the next highest/best bidder at his or her final bid price.

This is an open bidding process and we will tell anyone what the highest bid is at any time.

Every bidder will have the opportunity to top the current bid until highest & best bidder is established. The sellers have sole & absolute descretion to determine highest & best bid.

The highest/best bidder gets the home at his or her highest bid price.

Bidding Rules

This is a sale with a Minimum Reserve.

All bids placed at the open house are not legally binding and can be withdrawn at any time. After the final bidding process is over a winning bidder will be determined. They will fill out an agreement with the price and terms agreed upon Monday afte the open house.

If the highest and best bidder does not meet the conditions of the terms-of-sale or is unable to get financing to purchase the home-the home will be offered to the next highest/best bidder at his or her final bid price.

The homeowners and buyers have the right to decide not to execute a contract (acceptable to the owner) at anytime before an agreement has been signed. This is a sale with a Minimum Reserve. Owner may or may not accept offers below a set Reserve Price. Back-up purchase agreements will be taken. 

 
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Weichert Realtors-Watson & Associates
Phone: 972-263-5044 veronica@vmhgroup.com
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