9d 13h Left
Tract 2$1,500.00{"message":"In _app.tsx child of Layout","renderCount":1}
Tract 2
Lot Closed
Auction by Buy a Farm Land and Auction Co. LLC
This item is in Pana, IL
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Item Details
Tract #2 - 120.8 acres with 68 tillable. This tract has a combination of good hunting for deer and ducks as well as good tillable land. Upper end of Pecan Island.
Payment
1. Register with Proxibid and Buy A Farm Land and Auction Company LLC at least two business days prior to the Sale.
2. Call (800-443-1998) or email information@buyafarm.com to request copies of the Purchase and Sale Agreement.
3. Sign (4) copies of the Purchase and Sale Agreement and send these documents with the certified funds to: Buy A Farm Land and Auction Company LLC.
4. Obtain certified funds (or wire transfer) in the amount of $10,000 as an earnest money deposit payable to Buy A Farm Land and Auction Company LLC. ( If you are not the High Bidder or your high bid is not accepted by Seller, your full deposit and signed Purchase and Sale Agreement will be returned to you via Priority Mail.)
5. Once your documents are received, your registration will be activated and you will be contacted by Buy A Farm Land and Auction Company LLC. You will then be ready to bid on this property at Proxibid.
If you are not familiar with Proxibid, you may log on a few days ahead and follow a live auction so as to be more comfortable with the process. You can click on a link to observe only. We will broadcast this auction live so you can listen as you follow the auction.
Wire Transfer
Auction Details
Absolute Land Auction-Fayette County IL100 Beyers Lake, Pana, IL, 62286Saturday, Mar 24, 2012 | 9:00 AM CDT
Auction House
Terms Of Sale
Sale Method: Tracts 1-23 can be combined in any combination or in its entirety. Tracts 24-28 cannot be combined with any tract and will sell individually only. There is different ownership interest in some of these parcels and they cannot be combined. Tracts 29 and 30 can only be combined together, not with any other tract.
Possession: At closing.
Real Estate Taxes: Prorated to day of closing.
Minerals: All minerals owned to transfer. We make no warranty to the amount owned, if any at all.
Financing: Your bidding is not conditional on financing; make arrangements prior to the sale.
Survey: All tracts will be surveyed. Upon completion of the survey, we will adjust the sale price to reflect actual surveyed acres. The price per acre will remain the same as on auction day. This is the fairest way to do this. The survey costs will be split equally between buyer(s) and seller. The Auction Company will have the sole right to hire the surveyor and type of survey.
Easements: As most of you know when you get in the bottoms, the public road system is sparse. So we are going to survey in easements for ingress and egress. If you buy a parcel and a public road does not pass the property, you will receive an easement were possible. If you buy a parcel and you have public road access AND
one or more of the easements passes your property in any way, we will also grant you use of that easement(s). We do have a couple of tracts with access issues being addressed at this time, and we will make announcements in those regards when we know the facts.
Earnest Money & Purchase Agreement: Immediately following the close of bidding, the approved high bidder(s) will deposit with the Auction Company 10% earnest money and sign a purchase agreement with the Seller(s). Balance due at closing, 30 days after auction (or within 14 days of completion of survey).
Tract Acreages: The lines and drawings in the printed material or on the website are approximate. These figures, estimates, lines, and drawings are not guaranteed.
Conditions & Easements: All information contained herein and all related materials are subject to the terms and conditions outlined in the agreement to purchase. Announcements made by the auctioneer at the time of the sale will take precedence over any previously printed material or any other oral statement made. The property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller(s) or the auction company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquires, and due diligence concerning the property. The information provided here is believed to be accurate but is subject to verification by all parties relying on it. The Seller(s) or the auction company or their agents assume no liability for its accuracy, errors or omissions. Conduct at the auction and increments of bidding are at the direction and discretion of the auctioneer. The seller and auction company reserve the right to preclude any person from bidding if there is any question as to the person's credentials, fitness, etc. All decisions of the auctioneer are final, all announcements made the day of the auction, by the auctioneer, will take precedence over printed or spoken information made prior. Buy A Farm Land & Auction Company, and their agent’s work for the Seller. Seller: Keck Land LLC.
Additional Terms and Conditions for Off-site Bidding (Proxibid users):
Do not wait until auction day to register. Have your account set up at least 2 days ahead of the sale.
For internet bidders, the purchase price shall be defined as the hammer price - (high bid) plus a 1% buyer’s premium, $5000 Maximum per transaction.
For internet bidders, the Purchase and Sale Agreement and cashiers check must be received at least two (2) days prior to the auction to allow adequate time for registration.