18d 2h Left
Tract 2 - 81.52 taxable acres+/-{"message":"In _app.tsx child of Layout","renderCount":1}
Parcel 2: 111.50 Acres
Lot Closed
Auction by Fahey and Associates Inc.
This item is in Green Isle & New Auburn Townships, MN
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Item Details
To be sold 111.5 times the money. 111.50 acres of land, approx. 105.81 acres tillable. Located in Section 25, New Auburn Township, Sibley County, Minnesota. PID# 202502010. Fertilized to grid recommendations. Limed in 2011. Tiled.
Payment
Down Payment: $30,000.00 non-refundable earnest money per parcel will be paid immediately following Seller's 24hr confirmation period, following close of auction, in the form of a cashier's check made payable to yourself, to be endorsed to Fahey & Associates Inc. if you are the successful bidder. The successful bidder will be required to enter into a written purchase agreement with the Sellers immediately following the 24hr confirmation period. A copy of the agreements are available for inspection at the office of the auctioneer. If for any reason, except Seller's default, the bidder fails to close the transaction, the earnest money will be forfeited.
Financing Terms: $30,000.00 non-refundable earnest money down on purchase agreement immediately following 24hr confirmation period following close of auction. The balance in full is due on or before December 27, 2012, the date of closing and possession. Buyer to have financing arrangements made prior ro the auction with no contingencies of any kind accepted day of auction through auction closing. The Property will be sold by the Acre, based on the Taxable acres more or less computed taxable acre times the bid amount. The sale of this property is subject to Seller's confirmation within 24hrs of close of auction. 1031 tax exchange language can be included in the purchase agreement at the Buyers request, however, any 1031 tax exchange shall not alter the terms, conditions, or closing date of the transaction.
Money Order
Auction Details
Excellent Sibley County FarmlandSibley County , Green Isle & New Auburn Townships, MNMonday, Nov 19, 2012 | 8:00 AM CST
Auction House
Fahey and Associates Inc.Norwood Young America, MN
Terms Of Sale
Seller's & Auctioneers Disclaimer: All announcements and updates made by the auction company on the website shall take precedence over any previously written material or oral statements made. The information contained in the agreement is subject to verification by all parties relying on it, no guarantee, expressed or implied, is given. No liability for its accuracy, error or omissions is assumed by the owners or the agents. The property will be sold "as-is". Fahey & Associates Inc. is representing the Seller in this transaction. Dual agency may apply. ANy buyer who wishes to be represented by another real estate company may do so, in that case, any compensation paid to another real estate company will be solely at the buyer's expense.
Taxes: The real estate taxes due and payable in the year 2012 will be paid by the Seller.
Title: The property will be sold free and clear from any and all liens and encumbrances, but subject to any easements, restrictions, zoning, environmental, or other municipal, federal, and state laws, right of way, or other matters of record. The Seller will provide the buyer with a copy of any owner's title insurance policy for the property, if in Seller's possession or control, to Buyer or Buyer's designated title service provider; and Buyer shall obtain the title services determined necessary or desirable by Buyer or Buyer's lender, including but not limited to title searches, title examinations, abstracting, a title insurance commitment or an attorney's title opinion at Buyer's selection and cost and provide a copy to Seller
The information given is believed to be true and correct to the best of the owner's knowledge. There are no guarantees expressed or implied.
All property is sold “AS IS”, and ALL SALES ARE FINAL. Once the Auctioneer says "Sold" the item becomes the sole responsibility of the buyer. Property is open to thorough public inspection. It is the Bidder’s responsibility to determine condition, age, genuineness, value or any other determinative factor. Fahey & Associates Inc. may attempt to describe the merchandise in advertising, on the Internet and at the auction but makes no representations. In no event shall Fahey & Associates Inc. be held responsible for having made or implied any warranty of merchantability or fitness for a particular purpose. Bidder shall be the sole judge of value.
Bidders who bid from off site and are not present at the live auction or preview understand and acknowledge that they may not be able to inspect an item as well as if they examined it in person. It is the Bidder’s responsibility to determine condition, age, genuineness, value or any other determinative factor. Fahey & Associates Inc. shall endeavor to describe in detail each item and any pertinent information about it. Fahey & Associates Inc. will not be responsible for any errors or omissions in the description of the merchandise unless it is a material and intentional misrepresentation of the item itself. Bidder agrees that everything is sold as is and that they may not return any item they purchase.
Fahey & Associates Inc. is providing Internet pre-auction and live bidding as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of the auction. Under no circumstances shall Bidder have any kind of claim against Fahey & Associates Inc. or anyone else if the Internet service fails to work correctly before or during the live auction. Fahey & Associates Inc. will not be responsible for any missed bids from any source. Internet bidders who desire to make certain their bid is acknowledged should use the proxy-bidding feature and leave their maximum bid 24 hours before the auction begins. Fahey & Associates Inc. reserves the right to withdraw or re-catalog items in this auction.