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Method & Terms{"message":"In _app.tsx child of Layout","renderCount":1}
Method & Terms12 Photos
Method & Terms
Lot Closed
Auction by Sullivan Auctioneers, LLC(5362)
This item is in Morton, IL
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Item Details
This lot is informational and may be used for test bidding - place your actual bids below on Lots #1-2.
Both tracts will be sold on a price per acre basis, based on the soon to be completed surveyed acres. Both tracts will be sold through the marketing method of "Buyers Choice", whereas the high bidder can elect either or both tracts for their high bid. If the high bidder does not elect both tracts, then the remaining tract will be offered. The tracts will NOT be offered in their entirety at the conclusion of the auction.
Immediately following the auction, the successful buyer will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment which will be held in escrow until closing. The balance of the purchase price will be due at closing which will take place on or before November 30, 2022. The seller will provide title insurance in the full amount of the purchase price and pay the 2022 real estate taxes, due and payable in 2023. Buyer will be responsible for the 2023 and all subsequent RE taxes. Possession will be given at the time of closing, subject to any remaining crop tenancy 2022. Seller is retaining all the 2022 farm income. The farm sells free & clear of crop tenancy for the 2023 crop year.
Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property.
All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold "AS IS".
CLICK HERE TO VIEW TITLE COMMITMENT
CLICK HERE TO VIEW SURVEY
CLICK HERE TO VIEW TRACT 1 PURCHASE AGREEMENT
CLICK HERE TO VIEW TRACT 2 PURCHASE AGREEMENT
Alt-Roecker Farm - Seller
Representing Attorney:
James W. Benckendorf
100 North Main Street | Morton, IL 61550
Phone: (309) 266-6121
Fax: (309) 266-8759
Auction Manager:
Kevin Haas (309) 264-7767
Payment
Immediately following the close of the auction, the successful bidder will be required to enter into a purchase agreement. Purchase Agreement will be emailed to address on file and contract must be returned via email or fax.
Immediately following the close of the auction, the successful bidder will be required to pay a non-refundable deposit as outlined in Lot #0 - Method & Terms. Failure to execute and return contract with deposit will be considered in default.
Bidding on the property is not contingent on financing, appraisal or any other contingencies.
CheckWire Transfer
Auction Details
Tazewell County, IL Land Auction - Alt-RoeckerOnline Event, Morton, IL, 61550Wednesday, Oct 26, 2022 | 10:00 AM CDT
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.
Immediately following the close of the auction, the successful bidder will be required to enter into a purchase agreement. Purchase Agreement will be emailed to address on file and contract must be returned via email or fax.
Immediately following the close of the auction, the successful bidder will be required to pay a non-refundable deposit as outlined in Lot #0 - Method & Terms. Failure to execute and return contract with deposit will be considered in default.
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.