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Easy Road Access to this LA County Lot!$7,000.00{"message":"In _app.tsx child of Layout","renderCount":1}
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Lot Closed
Auction by Buy a Farm Land and Auction Co. LLC
This item is in Oakdale, IL
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Item Details
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
Washington County, Illinois 729 AcresRural Route, Oakdale, IL, 62268Saturday, Mar 31, 2012 | 10:00 AM CDT
Auction House
Terms Of Sale
Auction Terms and Conditions
Sale Method: Auction offering the property in its entirety.
Possession: At closing. All tracts are subject to the current farm lease except tracts 4, 11 and 13 which are not included in the lease.
Real Estate Taxes: Buyer to be responsible for the 2012 taxes.
Survey and Tract Acreages: No survey provided. Tracts 11, 12, 13, 14 and 15 and the 9-acre portion of tract 5 have been surveyed.
Minerals: 7/8 of the Seller's interest in the minerals are reserved for 20 years or until production ceases thereafter.
Financing: Your bidding is not conditional on financing; make arrangements prior to the sale.
Earnest Money & Purchase Agreement: Immediately following the close of bidding, the approved high bidder(s) will deposit with the attorney for the estate 10% earnest money and sign a purchase agreement with the Seller(s). Balance due at closing, as soon as possible within 30 days after auction.
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: Subject to all easements, covenants, and restrictions on record.
DISCLAIMER AND ABSENCE OF WARRANTIES: 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. Subject to prior sale.
Other Information: Washington County, Oakdale Township in Sections 9, 17, 19, 20, 21 and 22. Located on County Roads 10, 16 and 29. Seller: Estate of R. Glenn Thompson. Attorney: Gary Unverfehrt.