METHOD & TERMS Both tracts will be sold on a price per acre basis, based on a recently completed survey. Both tracts will be offered through the marketing method of “Buyers Choice,” whereas the high bidder can elect either or both tracts (in any order) for their high bid. If the high bidder elects only one of the tracts, then the remaining tract will be sold. The tracts will NOT be offered together at the conclusion of the auction. Immediately following the auction, the successful buyer(s) will be required to enter into a written real estate sales contract with the seller and pay ten percent (10%) of the bid price as a non-refundable down payment which will be held in escrow until the time of closing. The balance of the bid price will be due at closing, on or before October 3, 2022. Bidding is NOT subject to any contingencies, including but not limited to financing, appraisal, or inspection. The seller will provide title insurance in the full amount of the purchase price. The seller will pay the 2022 real estate taxes. Possession will be given at the time of closing, subject to a cash rent lease for the 2022 crop year. Please Note: The seller will retain the use of the pole building and the current access area around the pole building on Tract 2 for a period of one year after closing. All announcements made sale day take precedence over any prior advertising either written or oral. The information in our brochure, on our website and in our advertisements 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 all information to their satisfaction. There are no expressed or implied warranties pertaining to the property and the real estate is being sold “As Is”.
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www.SullivanAuctioneers.com
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