Method and Terms
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Overview of Method and Terms
Item Details
The Martin property has recently been surveyed and will sell on a price per acre basis. 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 Tuesday, December 1, 2020. Bidding is NOT contingent upon financing. Title insurance in the full amount of the purchase price will be provided by the seller. The 2019 real estate taxes, due and payable in 2020, will be paid by the seller. The 2020 real estate taxes will be paid by the seller. Possession will be given at the time of closing subject to the current farm tenant and residential tenant - contact auction manager for details.
All announcements sale day shall take precedence over any prior advertising either written or oral.
CLICK HERE TO VIEW SURVEY PLAT
CLICK HERE TO VIEW SURVEY PLAT - AERIAL OVERLAY
CLICK HERE TO VIEW LEGAL DESCRIPTION
CLICK HERE TO VIEW TITLE COMMITMENTS
CLICK HERE TO VIEW RESIDENTIAL DISCLOSURES
CLICK HERE TO VIEW PURCHASE AGREEMENT
CLICK HERE TO VIEW FARM & RESIDENCE INFORMATION
CLICK HERE TO VIEW FSA INFORMATION
CLICK HERE TO VIEW PROPERTY TAX INFORMATION
CLICK HERE TO VIEW FLOODPLAIN AMENDMENT
Gaylon Martin Trust - Seller
Representing Attorney:
Richard A. Stone
Stone & Palmgren
211 S. State St., Geneseo, IL 61254
PH (309) 944-4628
Auction Manager: Dale Jones (309) 299-6400