AUCTION INFORMATION
METHOD AND TERMS Acreages in this advertisement are estimated. A survey will be completed prior to the sale on each individual tract.
CLARK COUNTY, MISSOURI TRACTS 1-7 Tracts 1-7 will be sold on a price per acre basis based on recently completed surveyed acres. Tracts 1-7 will be offered through the marketing method of “buyer’s choice” whereas the high bidder can elect (in any order) any or all of Tracts 1-7 for their high bid. Buyer’s Choice will continue until Tracts 1-7 have been elected. Immediately following the auction the winning bidders will be required to sign a real estate sales contract and pay 10% of the sales purchase price as a non- refundable down payment payable to Oak Hills Title Co. which shall hold the money in escrow until closing. The balance of the purchase price will be due at closing which shall take place at Oak Hills Title Co. on or before July 27, 2021. Possession will be given at the time of closing subject to the current 2021 crop lease. PLEASE NOTE: Buyer shall reimburse Seller for 2021 crop share expenses at closing (amount for each tract to be provided) and thereafter Buyer will assume Seller’s position in the 2021 sharecrop lease agreement. Details will be posted online. The 2021 real estate taxes will be paid by the buyer. Title insurance in the full amount of the purchase price will be provided by the seller. Closing costs will be split between buyer & seller.
HARRISON COUNTY, MO TRACTS 8-17 Tracts 8-15 will be sold on a price per acre basis based on recently completed surveyed acres. Tracts 8-15 will be offered through the marketing method of “buyer’s choice” whereas the high bidder can elect (in any order) any or all of Tracts 8-15 for their high bid. Buyer’s Choice will continue until Tracts 8-15 have been elected. PLEASE NOTE: Buyers of Tracts 8-15 will receive the entire 2021 CRP payment. Tracts 16 & 17 will be sold for a lump sum total dollar amount. Immediately following the auction the winning bidders will be required to sign a real estate sales contract and pay 10% of the sales purchase price as a non- refundable down payment payable to Grand River Title, Co. which shall hold the money in escrow until closing. The balance of the purchase price will be due at closing which shall take place at Grand River Title, Co. on or before July 27, 2021. Possession will be given at the time of closing. The 2021 real estate taxes will be paid by the buyer. Title insurance in the full amount of the purchase price will be provided by the seller. Closing costs will be split between buyer & seller.
LIVINGSTON COUNTY, MO TRACT 18 Tract 18 will be sold on a price per acre basis based on recently completed surveyed acres. Tract to be conveyed subject to the terms and conditions of the Wetland Reserve Program. Immediately following the auction the winning bidders will be required to sign a real estate sales contract and pay 10% of the sales purchase price as a non- refundable down payment payable to Livingston County Title Co. which shall hold the money in escrow until closing. The balance of the purchase price will be due at closing which shall take place at Livingston County Title Co. on or before July 27, 2021. Possession will be given at the time of closing. The 2021 real estate taxes will be prorated to the date of closing. Title insurance in the full amount of the purchase price will be provided by the seller. Closing costs will be split between buyer & seller. All announcements made sale day take precedence over 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, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by seller or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold “AS IS”.
TRACTS WILL NOT BE OFFERED IN THEIR ENTIRETY AT THE CONCLUSION OF THE AUCTION. BIDDING IS NOT CONTINGENT UPON FINANCING.
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