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Method and Terms
Method and Terms
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Method and Terms
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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 Hannibal, MO

Similar Items

Overview of Method and Terms

Item Details

 

Acreages in this advertisement are estimated. A survey will be completed prior to the sale on both tracts. Tracts 1 & 2 will be sold individually on a price per acre basis based on acreages obtained from completed survey.

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 Accurate Land 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 Accurate Land Title Co. on or before December 23, 2020. Possession will be given at the time of closing subject to the harvest of the current corn & soybean crop.

The 2020 real estate taxes will be paid by the seller. 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 COMMITMENT

CLICK HERE TO VIEW TRACT 1 PURCHASE AGREEMENT

CLICK HERE TO VIEW TRACT 2 PURCHASE AGREEMENT


John T. Youse Irrevocable Trust
Mary Jo Youse Irrevocable Trust
Thomas T. Youse - Trustee

Representing Attorney:
John B. Morthland
Wasinger Parham, L.C.
2801 St. Marys
Hannibal, MO 63401
Ph: (573) 221-3225

Title Work By:
Accurate Land Title Co.
218 Broadway
Hannibal, MO 63401
Ph: (573) 221-1002

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

Marion County, MO Land Auction - YouseOnline Event, Hannibal, MO, 63401Monday, Nov 23, 2020 | 3:30 PM CST

Auction House

Sullivan Auctioneers, LLC
Sullivan Auctioneers, LLCHamilton, IL(5362)
Contact 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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