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Method and Terms
Method and Terms
Method and Terms
Method and Terms
Method and Terms
Method and Terms17 Photos
Method and Terms
Method and Terms
Method and Terms
Method and Terms
Method and Terms
Method and Terms
Method and Terms
Method and Terms
Method and Terms
Method and Terms
Method and Terms
Method and Terms
Method and Terms
Method and Terms
Method and Terms
Method and Terms
Method and Terms
Method and Terms

Method and Terms

Lot Closed

Auction by Sullivan Auctioneers, LLC(5362)
This item is in Galva, IL

Overview of Method and Terms

Item Details


This lot is informational and may be used for test bidding - place your actual bids below on Lot #1.

The Rollins property will be sold in 1 tract by the acre on the basis of 160 taxable acres. Immediately following the auction, the successful buyer will be required to sign a real estate sale contract with the seller and pay ten percent (10%) of the bid price as a non-refundable down payment, which will be held in escrow until closing. The balance of the bid price will be due at the time of closing on or before Friday, October 15, 2021. Bidding is NOT subject to the following contingencies, including but not limited to: financing, appraisal, or inspection. Title insurance in the full amount of the purchase price will be provided by the seller. The 2020 & 2021 real estate taxes will be paid by the sellers. The seller is retaining the 2021 crop. Possession will be given at the time of closing subject to the current 2021 crop tenancy.

All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors, or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. The real estate is being sold "As Is".


CLICK HERE TO VIEW WIND ENERGY EASEMENT AGREEMENT

CLICK HERE TO VIEW TITLE COMMITMENT

CLICK HERE TO VIEW PURCHASE AGREEMENT


Nancy I. Rollins Estate
Roger Rollins Executor

Thomas L. Rollins Trust
Roger Rollins, Trustee

Representing Attorney:
Robert L. Potts
Whitney & Potts Ltd
118 W. Main Street
Elmwood, IL 61529
(309) 742-3611

Auction Manager: 
Kevin Haas (309) 264-7767
Luke Sullivan (309) 371-5214

Payment

Immediately following the close of the auction, the successful bidder will be required to enter into a purchase agreement. Purchase Agreement will be emailed to address on file and contract must be returned via email or fax. Immediately following the close of the auction, the successful bidder will be required to pay a non-refundable deposit as outlined in Lot #0 - Method & Terms. Failure to execute and return contract with deposit will be considered in default. Bidding on the property is not contingent on financing, appraisal or any other contingencies.
CheckWire Transfer

Auction Details

Knox County, IL Land Auction - RollinsOnline Event, Galva, IL, 61434Tuesday, Aug 17, 2021 | 10:00 AM CDT

Auction House

Terms Of Sale

Property is offered under the specific terms provided in the printed and electronic versions of the auction brochure. Any and all inspections are the responsibility of the buyer prior to auction. Buyer is responsible for reviewing auction listing prior to close of sale to inspect any changes, corrections, or additions to property information. Property is being sold as is. Announcements sale day take precedence. Immediately following the close of the auction, the successful bidder will be required to enter into a purchase agreement. Purchase Agreement will be emailed to address on file and contract must be returned via email or fax. Immediately following the close of the auction, the successful bidder will be required to pay a non-refundable deposit as outlined in Lot #0 - Method & Terms. Failure to execute and return contract with deposit will be considered in default. Bidding on the property is not contingent on financing, appraisal or any other contingencies. Sullivan Auctioneers, LLC are licensed auctioneers representing the seller(s) in this transaction. Sullivan Auctioneers, LLC reserves the right to deny registration.
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