METHOD & TERMS Tracts 1 & 2 will be sold by the acre based on the taxable acres. Tracts 3, 4 & 5 will be sold by the acre based on the surveyed acres. All 5 tracts will be offered through the marketing method of “Buyers Choice”, whereas the high bidder can purchase (in any order) any or all the tracts for their high bid. “Buyers Choice” auctioning will continue until all the tracts have been elected. The tracts will not be offered in their entirety at the end of the auction. Immediately following the auction, the winning bidder(s) 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 October 20, 2022. Possession will be given at the time of closing subject to the current 2022 crop tenancy, and subject to a manure easement (details on our website). Bidding is NOT subject to any contingencies including but not limited to financing, appraisal or inspection. The 2022 real estate taxes, due and payable in 2023, will be paid by the seller. The 2023 and all subsequent years’ real estate taxes will be the responsibility of the buyer(s). Title insurance in the full amount of the purchase price will be provided by the seller. All announcements made sale day take precedence over prior advertising either written or oral. The information in our advertisements, website, etc 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. Buyer 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”.
Auction to be conducted as a virtual, online auction. No Internet Buyer fees! If you need assistance with bidding, please contact our office at (844) 847-2161
www.SullivanAuctioneers.com
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