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Method and Terms Lot #0 (Sale Order 1 of 6) A survey has been completed prior to the sale on all 5 tracts. Tracts 1-5 will be sold on a price per acre basis based on acreages obtained from completed survey. Tracts 1-5 will be offered through the marketing method of "Buyer's Choice" whereas the high bidder can purchase (in any order) any or all of Tracts 1-5 for their high bid. Bidding is NOT contingent upon financing. Immediately following the auction, the winning bidder(s) will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment, payable to Accurate Land Title Co., which shall hold the money in escrow until closing. The balance of the purchase price will be due at closing which will take place at Accurate Land Title Co. on or before June 23, 2020. Possession will be given at the time of closing subject only to the current pasture lease on Tract 1 and Tract 2. Buyer will be credited $514.00 at closing on Tract 1 and $1,750.00 at closing on Tract 2. Pasture lease expires January 31, 2021. The 2019 real estate taxes will be paid by the seller. The 2020 real estate taxes will be prorated to the date of closing. Title insurance in the full amount of the purchase price will be provided by the seller. Closing costs will be split between buyer & seller. All announcements made sale day take precedence over 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 made by seller or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold "AS IS". CLICK HERE FOR TRACT LEGAL DESCRIPTIONS CLICK HERE FOR TRACT 1 PURCHASE AGREEMENT CLICK HERE FOR TRACT 2 PURCHASE AGREEMENT CLICK HERE FOR TRACT 3 PURCHASE AGREEMENT CLICK HERE FOR TRACT 4 PURCHASE AGREEMENT CLICK HERE FOR TRACT 5 PURCHASE AGREEMENT Title work by: Representing Attorneys: |
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Tract 1 - 86.4 Surveyed Acres Lot #1 (Sale Order 2 of 6) Tract 1 - 86.4 Surveyed Acres
The purchase agreement will be adjusted to a quantity of 86.4 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$2,825.00 x 86 = $242,950.00 Total
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Tract 2 - 80.5 Surveyed Acres Lot #2 (Sale Order 3 of 6) Tract 2 - 80.5 Surveyed Acres
The purchase agreement will be adjusted to a quantity of 80.5 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
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Tract 3 - 63.7 Surveyed Acres Lot #3 (Sale Order 4 of 6) Tract 3 - 63.7 Surveyed Acres
The purchase agreement will be adjusted to a quantity of 63.7 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
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Tract 4 - 42.9 Surveyed Acres Lot #4 (Sale Order 5 of 6) Tract 4 - 42.9 Surveyed Acres
The purchase agreement will be adjusted to a quantity of 42.9 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
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Tract 5 - 48.2 Surveyed Acres Lot #5 (Sale Order 6 of 6) Tract 5 - 48.2 Surveyed Acres
The purchase agreement will be adjusted to a quantity of 48.2 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
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