8d 18h Left
Method & Terms{"message":"In _app.tsx child of Layout","renderCount":1}
METHOD & TERMS
Lot Closed
Auction by Behr Auction Service, LLC(7)
This item is in Hampton, IA
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Item Details
This lot is informational. Place your actual bid on Lot #1.
The Otto Farm will be sold as 1 tract as a multiplier of 76 cropland acres times the money per acre bid. Bidding is not contingent upon financing. Total dollar amount will be of purchase price will be included on purchase agreement.
$25,000 down payment due on the day of sale with the balance due in approximately 45 days, on or before January, 17, 2023 upon delivery of a merchantable abstract and deed. Immediately following the auction, the successful bidder(s) shall enter into a written agreement with the seller. The real estate taxes will be prorated to the date of closing. Full possession will be given at the time of closing subject to the rights of the tenant in possession. Farm is leased for 2022 crop season. Seller will retain any rents.
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".
Seller: Otto Farm
Seller Attorney: Michael Moeller, Clear Lake, IA
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 or any other contingencies.
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Auction Details
76+/- Acre Franklin County, IA Land AuctionHwy. 65, Hampton, IA, 50441Wednesday, Nov 30, 2022 | 3:00 PM CST
Auction House
Terms Of Sale
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