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Terms of Sale
Terms of Sale
Terms of Sale
Terms of Sale
Terms of Sale
Terms of Sale6 Photos
Terms of Sale
Terms of Sale
Terms of Sale
Terms of Sale
Terms of Sale
Terms of Sale
Terms of Sale

Terms of Sale

Lot Closed

This item is in Monmouth, IL

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Overview of Terms of Sale

Item Details

* This Lot is for informational purposes only *


SALE PROCEDURE
: Tracts 1 and 2 will be offered by bidder's choice whereby the high bidder has the privilege of selecting either one or both tracts. In the event one tract is selected the remaining tract will then be sold.


TERMS OF SALE: Ten percent (10%) of the purchase price to be paid down at time of sale with balance due at closing on or before July 8, 2022. Buyers will receive full possession at the closing. Title insurance will be provided. The 2021 real estate taxes payable in 2022 will be paid by the sellers. 


The property is selling under standard auction terms - As Is - without warranties or guarantees either expressed or implied. The sale is not subject to any contingencies. Bidders must have financing arrangements made prior to participating in the auction. Bidders are responsible for performing their own due diligence prior to participating the auction.


The information that is provided by the auction firm has been obtained from reliable sources and is believed to be correct. However, the sellers and the auction firm cannot guarantee the information. Any announcements made on the day of the auction will take precedence over any printed, electronic or oral representations made previously.


Van Adkisson Auction Service LLC serves solely as agent for the seller and assumes no liability of any kind with the property being sold.


SELLER: DOUGLAS EARP - PAULETTE EARP


 

ATTORNEY: Marcum Spears - Spears & Spears Law Office
201 W. Broadway, Monmouth, IL 61462 - Ph. 309-734-5105


AUCTIONEERS: Van Adkisson (309)337-1761
                            Jeff Gregory (309)337-5255


INTERNET BIDDING: Heather Gregory (309)337-2217


Click here to view the full listing on our website.

Payment

Immediately following the auction, buyer(s) will be required to execute a purchase agreement and pay ten percent (10%) of the purchase price as a non-refundable down payment. The down payment will be held in escrow until the closing. The balance of the purchase price will be due at closing on or before July 8, 2022.
CheckWire Transfer

Auction Details

Warren County, IL Land Auction - Earp1110 North 11th Street, Monmouth, IL, 61462Friday, Jun 3, 2022 | 1:00 PM CDT

Terms Of Sale

The property is selling under standard auction terms – As Is -without warranties or guarantees either expressed or implied. The sale is not subject to any contingencies. Bidders must have financing arrangements made prior to participating in the auction. Bidders are responsible for performing their own due diligence prior to participating the auction. The information that is provided by the auction firm has been obtained from reliable sources and is believed to be correct. However, the sellers and the auction firm cannot guarantee the information. Any announcements made on the day of the auction will take precedence over any printed, electronic or oral representations made previously. Van Adkisson Auction Service LLC serves solely as agent for the seller and assumes no liability of any kind with the property being sold.
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