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Terms of Sale
Terms of Sale
Terms of Sale
Terms of Sale
Terms of Sale
Terms of Sale11 Photos
Terms of Sale
Terms of Sale
Terms of Sale
Terms of Sale
Terms of Sale
Terms of Sale
Terms of Sale
Terms of Sale
Terms of Sale
Terms of Sale
Terms of Sale
Terms of Sale

Terms of Sale

Lot Closed

This item is in Abingdon, IL

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Overview of Terms of Sale

Item Details



* This Lot is for informational purposes only *


SALE PROCEDURE
: Tract 1 will be sold individually. Tracts 2, 3 and 4 will be offered by Bidder's Choice and Privilege whereby the high bidder shall have the option to select any individual tract, any combination of tracts or all three tracts. In the event that less than all the tracts are selected the remaining tracts will be offered by the same method until all three tracts are sold.

 

TERMS OF SALE: Ten percent (10%) of the purchase price to be paid down at time of sale with balance due on or before February 21, 2023. Buyers will receive full possession of all tracts at the closing. Title insurance will be provided. The 2022 real estate taxes payable in 2023 will be paid by the seller. The farm is selling with no contingencies. Bidders must have financing arrangements made prior to participating in the auction. All statements and representations herein are believed to be correct, however, the sellers and the auctioneers make no warranties or guarantees expressed or implied. Any announcements made on the day of sale will supersede those previously advertised. Van Adkisson Auction Service LLC serves solely as agent for the seller and assumes no liability of any kind with the property being sold.


The property is selling under standard auction terms - As Is - without warranties or guarantees either expressed or implied. The sale is not subject to any contingencies. Bidders must have financing arrangements made prior to participating in the auction. Bidders are responsible for performing their own due diligence prior to participating the auction.


The information that is provided by the auction firm has been obtained from reliable sources and is believed to be correct. However, the sellers and the auction firm cannot guarantee the information. Any announcements made on the day of the auction will take precedence over any printed, electronic or oral representations made previously.


Van Adkisson Auction Service LLC serves solely as agent for the seller and assumes no liability of any kind with the property being sold.


SELLER:  EILEEN E. BICE ESTATE
Brenda Nickas, Executor



ATTORNEY:  James D. Blake | Blake Law Office
56 North Prairie St. | Galesburg, IL 61401 | Ph. 309/343-3155



AUCTIONEERS: Van Adkisson (309)337-1761
                            Jeff Gregory (309)337-5255


INTERNET BIDDING: Heather Gregory (309)337-2217


Click here to view the full listing on our website.

 

Payment

Immediately following the auction, buyer(s) will be required to execute a purchase agreement and pay ten percent (10%) of the purchase price as a non-refundable down payment. The down payment will be held in escrow until the closing. The balance of the purchase price will be due at closing on or before February 21, 2023.
CheckWire Transfer

Auction Details

Knox County, IL Land Auction - Bice546 IL Route 41, Abingdon, IL, 61410Friday, Jan 20, 2023 | 10:00 AM CST

Terms Of Sale

The property is selling under standard auction terms – As Is -without warranties or guarantees either expressed or implied. The sale is not subject to any contingencies. Bidders must have financing arrangements made prior to participating in the auction. Bidders are responsible for performing their own due diligence prior to participating the auction. The information that is provided by the auction firm has been obtained from reliable sources and is believed to be correct. However, the sellers and the auction firm cannot guarantee the information. Any announcements made on the day of the auction will take precedence over any printed, electronic or oral representations made previously. Van Adkisson Auction Service LLC serves solely as agent for the seller and assumes no liability of any kind with the property being sold.
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