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Method & Terms
Method & Terms

Method & Terms

Lot Closed

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

Overview of Method & Terms

Item Details

The farm will be sold in (1) individual tract on a price per acre basis based on the above indicated taxable acres. The farm will not be surveyed. Immediately following the auction, the successful bidder shall enter into a written agreement with the seller. Ten (10%) percent of the bid price to be due the day of the sale with the balance due at closing in approximately 30 days, on or before Tuesday, May 5th, 2020. Title insurance in the full amount of the purchase price will be provided by the seller. The 2019 real estate taxes, which are due payable in 2020, will be paid by the seller, as the seller has retained the 2019 crop income. The 2020 real estate taxes will be paid by the buyer. Full possession will be given at the time of closing. There are no hunting leases associated with the property and the farm sells free and clear for the 2020 crop year.

All announcements sale day take precedence over any prior advertisement 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, photos, 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".


CLICK HERE FOR PURCHASE AGREEMENT

CLICK HERE FOR TITLE COMMITMENT

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

Fulton County, IL Land Auction - RidleOnline, ONLINE EVENT, IL, 62341Wednesday, Apr 1, 2020 | 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 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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