Method and Terms
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Overview of Method and Terms
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All tracts have recently been surveyed and will sell on a price per acre basis, based on the surveyed acres. Tracts 1-6 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 1-6 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 Oak Hills 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 Oak Hills Title Co. on or before October 21, 2020. Possession will be given at the time of closing subject to the harvest of the current soybean crop. Possession on Tract 5 will be given at the time of closing subject to harvest of the current soybean crop and to the current pasture lease that runs through October 31, 2020.
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 TO VIEW SURVEY PLAT
CLICK HERE TO VIEW SURVEY PLAT - AERIAL OVERLAY
CLICK HERE TO VIEW TITLE COMMITMENTS
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CLICK HERE TO VIEW TRACT 1 PURCHASE AGREEMENT
CLICK HERE TO VIEW TRACT 2 PURCHASE AGREEMENT
CLICK HERE TO VIEW TRACT 3 PURCHASE AGREEMENT
CLICK HERE TO VIEW TRACT 4 PURCHASE AGREEMENT
CLICK HERE TO VIEW TRACT 5 PURCHASE AGREEMENT
CLICK HERE TO VIEW TRACT 6 PURCHASE AGREEMENT
Charlie and Velma Jo Thale Farm
Cynthia O'Bryan
Deborah Gast
Angela J. Anderson Revocable Inheritance Trust
Closing & Title Work By:
Oak Hills Title Co.
307 Lewis Street
Canton, MO 63435
(573) 288-4461
Auction Manager:
Bill Fretwell 660-341-7735