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Method and Terms Lot #0 (Sale Order 1 of 2) This lot is informational and may be used for test bidding - place your actual bids below on Lot #1. The farm will sell on a price per acre basis based on the above indicated 169.49 taxable acres. Immediately following the auction, the successful buyer will be required to enter into a written purchase agreement with the seller and pay ten percent (10%) of the bid price. The balance of the bid price will be due at the time of closing on or before Monday, June 28, 2021. Bidding is NOT subject to any 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 real estate taxes, due and payable in 2021 will be paid by the seller as the sellers have received the 2020 crop income. The 2021 & all subsequent real estate taxes will be the responsibility of the new buyer. Possession will be given at the time of closing, subject only to a one year cash rent farm tenancy. New buyer will receive 100% of the 2021 cash rent. 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".
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Tract 1 - 169.49 Taxable Acres+/- Lot #1 (Sale Order 2 of 2)
The purchase agreement will be adjusted to a quantity of 169.49 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$5,200.00 x 169 = $878,800.00 Total
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