Method and Terms
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Overview of Method and Terms
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The Kaufman-Youngblut Farm will be sold in three (3) individual tracts based on a survey that will be completed prior to the auction, with the said surveyed acres being used to constitute the final settlement price. Both tracts will be sold through the marketing method of "buyer's choice", whereas the high bidder can take either or both tracts for their high bid. "Buyer's choice" auctioning will continue until both tracts have been sold. The farm will NOT be offered in its entirety or in any combinations. Bidding is not contingent upon financing.
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 Wednesday, January 6, 2021 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 on all tracts. Tracts 1 & 2 sell with full farming rights for the 2021 crop year.
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 SURVEY PLAT
CLICK HERE TO VIEW SURVEY PLAT - AERIAL OVERLAY
CLICK HERE TO VIEW TRACT 1 PURCHASE AGREEMENT
CLICK HERE TO VIEW TRACT 2 PURCHASE AGREEMENT
CLICK HERE TO VIEW TRACT 3 PURCHASE AGREEMENT
Kevin Kaufman & Denise Youngblut - Sellers
Representing Attorney:
Brian Eddy - Roberts & Eddy, P.C.
2349 Jamestown Ave. #4
Independence, Iowa 50644
Phone (319) 334-3704
Auction Managers: Jim Huff (319) 931-9292 & Jeff Hoyer (319) 759-4320