Method and Terms
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Overview of Method and Terms
Item Details
This lot is informational and may be used for test bidding - place your actual bids on Lot #1 below.
The Daugherty Farm will be sold in one (1) individual tract on a price per acre basis, based on a survey that has recently been completed, with the said surveyed acres being used to constitute the final settlement price.
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 Thursday, March 25, 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. Possession on the tract will be given at the time of closing subject to a farm lease for the 2020 crop year. Farm sells 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 PURCHASE AGREEMENT
Perry & Kim Daugherty
Representing Attorney:
Rick Lynch
Lynch Law Office
207 S. Washington St.,
Bloomfield, IA 52537
Phone (641) 664-3188
Auction Manager:
John Probasco (641) 856-7355