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Method & Terms{"message":"In _app.tsx child of Layout","renderCount":1}
Method and Terms16 Photos
Method and Terms
Lot Closed
Auction by Sullivan Auctioneers, LLC(5362)
This item is in Callao, MO
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3300' Barndominium on 23.23 AcresOverview of Method and Terms
Item Details
A survey has been completed prior to the sale on all 5 tracts. Tract 1 will be sold first on a price per acre basis based on acreages obtained from completed survey. Tracts 2 & 3 will then be sold and offered through the marketing method of "Buyer's Choice" whereas the high bidder can purchase (in any order) either or both of Tracts 2 or 3 for their high bid. Tracts 4 & 5 will then be sold and offered through the marketing method of "Buyer's Choice" whereas the high bidder can purchase (in any order) either or both of Tracts 4 or 5 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 LandCo Title & Escrow, LLC, 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 LandCo Title & Escrow, LLC. Please note: Closing for Tract 1 will be in 2021 on or before January 10, 2021. Possession will be given at the time of closing subject to seller reserving possession of machine shed until April 1, 2021.
Closings for Tracts 2, 3, 4 & 5 will be on or before December 23, 2020. Possession will be given at the time of closing subject to the harvest of the current soybean crop.
The 2020 real estate taxes will be paid by the sellers. 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 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
Harold & Virginia Smith - Seller
Closing & Title Work By:
LandCo Title & Escrow, LLC
303D South Missouri
Macon, MO 63552
(660) 395-3528
Auction Manager:
Bill Fretwell (660) 341-7735
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
Macon County, MO Land Auction - SmithOnline Event, Callao, MO, 63534Monday, Nov 23, 2020 | 10:00 AM CST
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.