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Method and Terms
Method and Terms
Method and Terms
Method and Terms
Method and Terms
Method and Terms11 Photos
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
Method and Terms

Method and Terms

Lot Closed

Auction by Sullivan Auctioneers, LLC(5362)
This item is in Franklin, IA

Overview of Method and Terms

Item Details

 

The Kaltefleiter Farm will be sold in one (1) individual tract based on the deeded acres on a price per acre basis.

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, October 19, 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, subject to the current lease with the tenant.

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".

CLICK HERE TO VIEW PURCHASE AGREEMENT

Maurice F. "JR" Kaltefleiter Estate
Tori L. Abolt - Executor

Representing Attorney:
Greg Johnson - Johnson & Skewes
516 7th Street
Fort Madison, Iowa 52627
Phone: (319) 372-2532

Auction Managers:
Pat Steffensmeier (319) 470-5284
Jim Huff (319) 931-9292
Jeff Hoyer (319) 759-4320


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 as outlined in Lot #0 - Method & Terms. 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

Lee County, IA Land Auction - KaltefleiterOnline Event, Franklin, IA, 52625Saturday, Sep 19, 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 as outlined in Lot #0 - Method & Terms. 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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