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Method & Terms{"message":"In _app.tsx child of Layout","renderCount":1}
Method and Terms28 Photos
Method and Terms
Lot Closed
Auction by Sullivan Auctioneers, LLC(5362)
This item is in Elvaston, IL
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Tract 1: 26.00 Acres
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Tract 2: 14.12 Acres
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Tract 3: 14.41 AcresOverview of Method and Terms
Item Details
The Geissler farm has recently been surveyed. All 3 tracts will sell on a price per acre basis and will be offered through the marketing method of "Buyer's Choice", whereas the high bidder can elect, in any order, any or all tracts for their high bid. "Buyer's Choice" auctioning will continue until all 3 tracts have been purchased. The tracts will NOT be offered in their entirety or in any combinations at the conclusion of the auction.
Immediately following the auction, the successful buyer(s) will be required to enter into a written purchase agreement with the seller and pay ten percent (10%) of the bid price. The balance of the bid price will be due at the time of closing on or before Wednesday, July 22, 2020. Bidding is NOT contingent upon financing. Title insurance in the full amount of the purchase price will be provided by the seller. The 2019 real estate taxes, due and payable in 2020, will be paid by the seller. The 2020 real estate taxes will be split between the buyer and the seller. The farm sells with a tenant for the 2020 crop year only. The buyer(s) will receive a portion of the cash rent payment - contact auction co. for details. Possession will be given at the time of closing, subject to the current tenant for the 2020 crop year. There are no hunting leases associated with the property.
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
Auction Manager: Michael Sullivan (309) 333-0916
Representing Attorney:
Thomas F. Hartzell
Hartzell, Tucker & Bryant
608 Wabash Ave., Carthage IL 62321
(217) 357-3121
Payment
Refer to Lot #0 - Method & Terms in the auction catalog for specific terms of sale.
Wire Transfer
Auction Details
Auction House
Terms Of Sale
Property is offered under the specific terms provided in the printed and electronic versions of the auction brochure. Any and all inspections are the responsibility of the buyer prior to auction. Buyer is responsible for reviewing auction listing prior to close of sale to inspect any changes, corrections, or additions to property information. Property is being sold as is. Announcements sale day take precedence.
Refer to Lot #0 - Method & Terms in the auction catalog for specific terms of sale.
Bidding on the property is not contingent on financing, appraisal or any other contingencies.
Sullivan Auctioneers, LLC are licensed auctioneers representing the seller(s) in this transaction.
Sullivan Auctioneers, LLC reserves the right to deny registration.