Greeley Colorado Real Estate Auction 1902 12th Avenue September 1, 2011 6:10 PM

The Living Estate of Virginia A. Riggs Greeley, Colorado Real Estate Auction Sale

1902 12th Avenue, Greeley, Colorado 80631

Cute Three Bedroom Home On Corner Lot. One Block To UNC.

Greeley, Colorado Real Estate Sells at

PUBLIC AUCTION!

Minimum Bid ONLY $55,000.00!

Weld County Assessed Value $103,077.00.

This Colorado Property Sells to the Highest and Best Bidder Above $55,000 Auction Day!

10% Buyer's Premium Added To High Bid.

1902 12th Ave Greeley Colorado Auction Sale

 

 

6:10 PM Thursday, September 1, 2011 6:10 PM

Auction Conducted On Site At:

1902 12th Avenue

Greeley, Colorado 80631

From 8th Avenue (US Highway 85) in Downtown Greeley, Colorado go West on 20th Street to 12th Avenue then North on 12th Ave to 1902 12th Avenue.

Virginia Riggs has moved to a retirement center and hired us to sell her centrally located Greeley, Colorado home at Public Auction. Mr. & Mrs. Riggs owned this home for over 50 years. They say the three rules of real estate are: location, location, location. This home is within one block of the University of Northern Colorado campus. It sits on a beautiful 7125 square foot corner lot in an area with wide streets. The main level of this 750 square foot home features brand new paint, hardwood floors, two bedrooms, one bathroom, a large living room with fireplace, dining area with built in china and linen storage and galley style kitchen. There is a full basement with family room, one bedroom, bathroom, laundry area and utility room.

A long driveway, with plenty of off street parking, leads to the large detached one-car garage. A newer shed with built in shelves is attached to the garage. The underground sprinkler system helps make the lawn care easy. This would make an ideal starter home or a great investment property as it is so near the University. The Weld County Assessed value of this home is over $100,000.00. This home will sell to the highest bidder over $55,000 on Auction day. Do your homework and come prepared to place your best bid.

Cute Three Bedroom Home on Corner Lot

One Block to UNC ● Close to Downtown

Two Bedrooms Up ● Brick Fireplace

Finished Basement with Bedroom & Bath

Large One Car Garage ● Storage Shed

Mature Landscaping ● Sprinkler System

Brand New Paint ● Hardwood Floors

Newer Furnace, Water Heater & Roof

Updated Electrical Service & MORE!

Greeley Colorado Real Estate Auction

Real Estate Auction Previews.

Thursday, August 25, 2011 5:00 PM - 6:00 PM

Auction Day Thursday, September 1, 2011 5:00 PM - 6:00 PM

Can't Make It To The Auction?

This Auction features online bidding.

$5,000 deposit and signed documents required to bid on Real Estate online.

Visit www.whitleyauction.com to register to preview & bid online now!

AUCTION INFORMATION AND TERMS:

Buying real estate at Auction is fun, fair and easy. All potential buyers are urged to attend the property tours and inspect the property. A Property Information Package containing the contract to buy and sell, a sample title insurance commitment, property disclosure and other documents will be available at the property tours or it may be downloaded at www.rmebrealty.com. It will be continually updated until the day of the Auction. The property sells with no contingencies for financing, inspections of any kind or anything else so arrange your financing now. The owner has completed a property disclosure form that will be included in the Property Information Packet. If you desire to have any inspections or an appraisal completed, at your cost, we will assist you in any way we can. Make your inspections now and get ready to place your best bid. $5,000 in cash or a certified or cashier’s check, made payable to you, is required to receive a bidder’s number and to bid at the Auction. The successful bidder’s money shall be retained as a non-refundable deposit with the balance to be paid on closing in 30 days or less. All other bidder’s deposits will be immediately returned to them at the conclusion of the Auction. A standard 10% buyer’s premium applies to this sale. (10% shall be added to the high bid price to determine the contract price) Seller will convey the property by General Warranty Deed free of all liens and encumbrances. Property taxes and utilities will be prorated to the day of closing. Full terms will be available in the Bidder Information Packet, at the Auction and the preview. All announcements Auction day take precedence over any other. The owner will sell this property to the highest and best bidder over the starting bid on Auction day. See you there!

BROKER’S & AUCTIONEER'S DISCLAIMER:

This property sells As Is-Where Is with no guarantees or warranties of any kind. All information contained here was derived from reliable sources believed correct, but is not guaranteed. Buyer should verify all descriptions, condition reports, square footage, property boundaries, years of construction and anything else that may determine the value of this property. Buyers shall rely entirely on their own judgment and inspection. Announcements from the Auction Block take precedence over any previously printed material or any other oral statements made. RMEB Realty LLC, Robert Lee Johnson Broker, is handling all aspects of this transaction and has prepared and approved all advertising and marketing materials. Contact Bob at: 970-454-1010.

Can't Make It To The Auction?

This Auction features online bidding.

$5,000 deposit and signed documents required to bid on Real Estate online.

Visit www.whitleyauction.com to register to preview & bid online now!

Call us for your Auction!

Do you want true market value for your property;

NOW?

Tired of list, wait, drop the price and wait some more?

Do you have real estate you need SOLD?

Our Auctions create ACTION!

We will turn property into cold, hard cash in 30 days.

Let us present your property to the WORLD so you get true market value!

Contact us now for a confidential consultation.

RMEB Realty Logo

Rocky Mountain Estate Brokers Realty LLC

Robert Lee Johnson CAI AARE

Broker Auctioneer

Office: 970-454-1010

Toll Free: 866-888-4875

Rocky Mountain Estate Brokers Inc.

David P. Whitley CAI CES

Colorado Champion Auctioneer

Casey Giddings CAI

Auctioneer - Ring Person

Jaime Foote

Internet Auctioneer - Ring Person

www.whitleyauction.com

An Award Winning Colorado Auction Company

Professional Auctioneers, Innovative Technologies.

Eaton: 970-454-1010

Fort Collins: 970-224-2050

Denver Metro: 303-661-0202

Toll Free: 866-888-4875

Certified Auctioneers, Innovative Technologies.

Auctioneers Who Know Auctions, Colorado Auctions and Sales.

Tired of spending all your hard earned money at the big box stores?

Reuse and recycle at Whitley Auctions

Buying or selling at our auctions is a great way to re-use and recycle items.

Rocky Mountain Estate Brokers Inc. Whitley Auction

www.facebook.com/coloradoauctioneer

Follow Us On Twitter

Check out our Colorado Auction Company and Auctioneer Blogs

Colorado Auctions: www.whitleyauction.blogspot.com

Colorado Real Estate Auctions: www.coloradoauctioneer.blogspot.com 

More Colorado Real Estate Auctions: http://activerain.com/rmebrealty

Colorado Auction Company RMEB Inc. is licensed, bonded and insured to conduct auctions in Denver, Fort Collins, Boulder, Greeley, Cheyenne, Loveland, Longmont, Estes Park and other cities and towns throughout Colorado, Wyoming and the Rocky Mountain Region. We can auction and sell your personal property or real estate throughout North America through our partnerships with US Auction Group. If you are interested in real estate auctions or sales please visit our sister website at www.rmebrealty.com to find out more information about upcoming real estate auctions and real estate sales. Our large Eaton Auction Center serves as a massive Auction House if an on-site auction is not right for you. Our Auctioneers will professionally conduct your auction or liquidation at your location or ours.

Copyright 2011 RMEB Inc. www.whitleyauction.com  

Historic Colorado Willowcroft Farm Sells for $1,430,000.00 at Auction.

The Wolf family grew up there. Many people from all over the world had visited there. Willowcroft Farm was a little slice of heaven, to many people, right in the center of the Denver Metro area. Cynthia Wolf or “Cee” as most people knew her had passed on. Her barns and corrals were unused. Weeds grew in pens previously inhabited by miniature horses and donkeys. The three remaining heirs of the Wolf Estate all had their own homes and their own lives. They all agreed that it was impossible for them to maintain Willowcroft the way it should be so they decided to sell it.

How do you sell a historic, nine-acre farm surrounded by multi-million dollar homes and a developed city? How do you arrive at a price for a property that one person thinks should be bulldozed and another thinks should be preserved forever? The estate had an appraiser value the land to answer some of these questions. The appraiser’s answer was that the property was worth somewhere around $800,000.00. Several family members thought it had to be worth more. They were also concerned about the contents remaining on the property. They needed to effectively market and sell all of the estate’s property, in a short amount of time, for its current true market value.

The Personal Representative of the Estate enlisted the help of Rocky Mountain Estate Brokers Inc. The Auctioneers and Broker with RMEB have been conducting successful estate auctions in Colorado for over twenty-five years. They presented a plan to the Wolf Estate to sell Willowcroft Farm and all its contents at Public Auction in one day. The heirs liked what they heard. RMEB developed a marketing plan that accentuated the history of Willowcroft Farm as well as its development potential. Through a combination of print media, direct mail, signage, web sites, email blasts and press releases, RMEB’s Auctioneers were able to get the word out about the Auction of Willowcroft farm in a huge way.

Friday, April 3, 2009 was a beautiful spring day at Willowcroft Farm. All of the marketing RMEB conducted the last 30 days brought a huge crowd to the scheduled afternoon preview. People came to look at the real estate and buildings. They came to look at the antique furnishings that would be sold the next day. They came to see if there was a feed trough or saddle pad they could use with their horses. They came to see it all, by the hundreds. As the afternoon progressed, RMEB’s staff noticed that the large clouds to the west were growing larger. The weatherman said to expect up to twelve inches of snow by Saturday morning. Saturday morning. The Willowcroft Farm Auction was scheduled to start at 11:10 AM Saturday morning.

The Auctioneers and staff of Rocky Mountain Estate Brokers Inc. sprung into action. Large canopies were arranged to cover the massive front yard where the auction would be conducted. Merchandise was moved into covered storage. Extra staff members were called to assist with the storm preparations. David P. Whitley Lead Auctioneer stated, “Old Man Winter can rear his head one more time but the Auction must go on.” RMEB did everything in its power that afternoon and clear into the evening to make sure Saturday’s Auction would still be a success.
Saturday morning came early for RMEB’s Auctioneers and staff. The weatherman had been wrong and Old Man Winter only dumped about six inches of sloppy, wet snow. The first order of business was to shovel the lawn. Yes, you read that correctly. To try to give all the auction attendees a more comfortable Auction experience RMEB shoveled the lawn. The tents and canopies where raised. Hot coffee was brewed but none of the staff had time to take one sip. They were too busy preparing for the crowds, which were already arriving. Somehow, they pulled it all off. The audio and video equipment was assembled and placed to make each bidder’s view as good as possible. Auction catalogs and Property Information Packets were distributed. The PA system was connected and David P. Whitley Auctioneer started to make the announcements. It was Saturday morning. It was Auction Time.

Many people think an Auction just happens. Every Auction that Rocky Mountain Estate Brokers conducts takes weeks of planning. The Willowcroft Farm Auction was no different. There was a very valuable piece of real estate to be sold today. There were also valuable antiques, art work and even pots and pans to sell. RMEB organized and cataloged the auction so that all the highest value items would be sold in the first two hours of the Auction. People would come brave the snow, wind and cold but few people would brave it all day. After the best items were sold, they planned to sell the real estate. When the real estate was finished, the Auction would continue with small items, box lots and books.

At 11:10 AM on Saturday, April 4, 2009, David P. Whitley, Lead Auctioneer for Rocky Mountain Estate Brokers Inc. and RMEB Realty called the crowd to order and started the auction. He sold small antiques, paintings and furniture to an onsite crowd that numbered in the hundreds. Internet bidders from around the country also bid and purchased items through RMEB’s live internet broadcast of the Auction. The wind and snow made it a downright chilly Colorado spring day. RMEB’s staff could see that the crowd would not be able to brave the cold all day. Fifteen minutes into the Auction a second Auctioneer went to the barns and started to sell farm items in a second auction ring. This doubled the speed at which RMEB was able to sell items and made the buyers happy as two very different kinds of merchandise were be sold at the same time.

In short order, all of the items at the barns had new owners. Chairs, dining tables and paintings fell under the Auctioneer’s gavel and went to proud new owners. It was now time to sell the real estate. Willowcroft Farm was on the auction block. Auctioneer David Whitley opened the auction. A bidder represented by a real estate broker placed the opening bid of $860,000.00. Whitley called for and received a bid of $875,000.00, which was soon topped, by another bid of $900,000.00. It became evident there were three people who wanted to own Willowcroft Farm. RMEB Auctioneer and Ringwoman Casey Giddings moved towards the first bidder while Ringmen Kevin Rutter and Calvin Ogren approached the other two bidders. The auction was on.

Ringmen act as an extension of the auctioneer. They get “up close” and personal with a bidder. They let the Auctioneer know when a bidder has placed a bid. They assist the bidder in understanding the process, what the current bid is and what the next bid asked for is. They confirm when the bidder has the current bid and when the bidder needs to place a higher bid.

RMEB has some of the best ringmen and women in the Auction business. Casey, Calvin and Kevin each had a bidder to work with. Auctioneer Whitley continued to ask for and received higher bids. Soon the bidding had reached $1,200,000.00. The tension throughout the several hundred people in attendance was evident. It was like the last two minutes of a tied Super Bowl. No one can explain the feeling the two remaining bidders must have felt. Both wanted to win. Both had already stated they would not bid again. Whitley continued to call for a bid of $1,225,000.00. “Yes” was the exclamation from two of RMEB’s ringmen. The bid was now $1,225,000.00 and Whitley asked for more.

Everyone comes to an auction with an idea of what he or she thinks an item is worth. Properly advertised and marketed public auctions are one of the best ways to discover the current market price of an item. The opinions of others affect a person’s idea of worth. Auctions are open and transparent. They require a potential buyer to take action. A person may attend an auction with an idea of the value of a particular item. Everyone knows the true value of an item after the item is sold to the highest bidder. Whitley asked for a Million Two Fifty and “Yes,” was the response from ringwoman Giddings.

One bidder is winning and one is losing. The lead always changes. One Million Two Seventy-Five was the call. He shook his head. He said no. He wanted this property but he was already way past his perceived value. RMEB’s ringmen continued to ask him to increase the bid. After several responses of “no” and “I am done” he walked off, only to be followed by RMEB’s ring men. Who knows what they said, but when Whitley asked again for a Million Two Seventy-Five, the answer this time was yes!

The lead had changed again. Whitley called for a Million Three. She wanted it. They wanted it. The bid was already more than she had expected it to be. She said no before and then had bid again. Giddings asked her for one more bid at $1,300,000.00 and the answer was no. She asked her again as Whitley called “All in, all done”. Her answer this time was yes. She bid $1,300,000.00. Whitley accepted the bid and immediately asked for a Million Three and a Quarter. It was evident to everyone that the winning bid had been placed. The other bidders said no. This time they meant it. Whitley called for an increase in the bids and seeing none, declared a new owner of Willowcroft Farm.

In four minutes, RMEB sold Willowcroft Farm for a total price, including buyer’s premium, of $1,430,000.00. The winning bidder was happy. The large crowd applauded. The other bidders even appeared happy for the new owner. There were no contingencies. There was no further negotiation. The contract was signed and a closing was scheduled for thirty days later. Not missing a beat, Whitley thanked all the bidders and called for the next lot. There was still more to sell.

Whitley and Johnson attend Accredited Auctioneer of Real Estate in our nation’s capitol.

David P. Whitley CAI CES Auctioneer and CEO of Rocky Mountain Estate Brokers Inc. and Bob Johnson CAI broker for Rocky Mountain Estate Brokers Realty LLC recently attended the National Auctioneers Association’s six-day Accredited Auctioneer of Real Estate course held in Gaithersburg, Maryland. “AARE was an intense six days of learning and sharing,” Whitley said after returning to Colorado. “Class lectures were a small part of this designation program. We spent a lot of time working on group projects and discussing how different auction companies do things. AARE brings together auctioneers who are serious about selling real estate at auction. Bob and I learned several things we will put to work for our clients immediately,” he added.

The National Auctioneers Association states, an auctioneer with the AARE designation has gone the 'extra mile' to ensure they offer the highest level of professionalism and the most up-to-date information when it comes to selling properties. Whether selling residential, agricultural, commercial or industrial properties, AARE auctioneers have enhanced knowledge in all pertinent areas, such as:

• Marketing techniques
  
• Financial/investment calculations
  
• Evaluating cash flow
  
• Holding-period analysis
  
• Tax consequences of buying and selling properties
  
• Multi-parcel real estate auctions

Rocky Mountain Estate Brokers Inc. and its sister company Rocky Mountain Estate Brokers Realty LLC provide quality auction and auctioneering services to the Rocky Mountain Region. Through its staff, they service Colorado, Wyoming and Nebraska clients that desire professional auction services and sales for real estate and personal property. RMEB conducts many auctions at its 20,000 square foot Eaton Auction Center centrally located in downtown Eaton, CO. There they sell tools, machinery, cars, trucks, antiques, firearms, fine art and more. RMEB’s auction services extend beyond its main areas of Fort Collins, Greeley, Loveland, Boulder, Longmont and Denver, Colorado into Wyoming, Nebraska and beyond.

They offer live, real-time internet bidding on most of their auctions and have sold items to buyers from all over the USA, Mexico, Canada, Germany and other countries. Auctioneers David P. Whitley, Catherine "Casey" L Giddings and Robert L. "Bob" Johnson are all graduates of the Certified Auctioneers Institute and maintain the prestigious CAI designation. RMEB can be contacted through its websites at http://www.whitleyauction.com/ or http://www.rmebrealty.com/ or by telephone at 970-454-1010.