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Method and Terms
Method and Terms
Method and Terms
Method and Terms
Method and Terms
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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 Bloomfield, IA

Similar Items

Overview of Method and Terms

Item Details


The Sapper Farm will be sold in one (1) individual tracts based on the advertised acres.

Ten (10%) percent of the bid price to be due on the day of sale with the balance due in approximately 30 days, on or before Monday, September 3, 2020 upon delivery of a merchantable abstract and deed. Immediately following the auction, the successful bidder(s) shall enter into a written agreement with the seller. The real estate taxes will be prorated to the date of closing. Full possession will be given at the time of closing. There are no hunting leases associated with the farm. The CRP payment will be prorated to the  date of a recorded deed on the tract.

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, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is being sold "as is".

SPECIAL PROVISIONS

  • This real estate is selling subject to public road easements and all other easements of record.
  • All fences and fence lines shall be governed by the Warren County and State of Iowa fence line rules and regulations.
  • It will be the responsibility of the new buyer(s) to show proof of purchase to the Warren County FSA Office so that he/she will receive any future government payments including the prorated share of the CRP payments. Buyers will be required to abide by said CRP contracts and hold sellers harmless of any contract non-compliance or damages.
  • If in the future a site clean up is required, it will be at the expense of the buyer.


CLICK HERE TO VIEW PURCHASE AGREEMENT


Representing Attorney:
Rick Lynch
Lynch Law Office
207 S Washington St.,
Bloomfield, IA 52537
Phone: (641) 664-3188


Auction Manager: John Probasco (641) 856-7355


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 equal to 10% of the total purchase price. The balance of the purchase price is due at closing. 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.
Wire Transfer

Auction Details

Wayne County, IA Land AuctionOnline Event, Bloomfield, IA, 52537Monday, Aug 3, 2020 | 11:00 AM CDT

Auction House

Sullivan Auctioneers, LLC
Sullivan Auctioneers, LLCHamilton, IL(5362)
Contact 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 equal to 10% of the total purchase price. The balance of the purchase price is due at closing. 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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