METHOD & TERMS
The SDDC Farms, LLC real estate will be sold on a price per acre basis, based on surveyed acres. The tracts will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect any of the tract(s) for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract(s) will continue to be offered “Buyer’s Choice” until all tracts have been elected. The tracts will NOT be offered in their entirety at the conclusion of the auction. Immediately following the auction, the successful buyer 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 Wednesday, May 22, 2024. The seller will provide title insurance in the full amount of the purchase price and will pay all of the 2023 real estate taxes, due and payable in 2024, through a credit at closing. Buyer will be responsible for 2024 taxes and beyond. The property sells free and clear of any leases - there are no hunting leases associated with any of the tracts. Full possession at closing. (The current tenant will offer $300/tillable acre cash rent for the 2024 crop year to interested bidders, contact the auction managers for more information) Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal, or inspection of the property. All announcements made on sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements, and on our website 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 the seller or Sullivan Auctioneers, a BigIron company, pertaining to this property. Real estate is being sold “AS IS”.
VISIT OUR WEBSITE WWW.SULLIVANAUCTIONEERS.COM
FOR ADDITIONAL DETAILS, MAPS, PHOTOS & BIDDING!
RODNEY BORROWMAN (630) 247-0667
JOHN BORROWMAN (217) 430-0645
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
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