TRACT 1
TRACT 2
TRACT 8
TRACT 10
TRACT 10
TRACT 11
METHOD & TERMS
Tracts 1-9 of the Up-Side-Down Acres farm will be sold on a price per acre basis, based on taxable or surveyed acres, and will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect Tracts 1-9 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 of Tracts 1-9 have been elected. Tract 10 will then be sold for a lump sum total dollar amount, followed by Tract 11, which will be sold for a lump sum total dollar amount. The tracts will NOT be offered in their entirety at the conclusion of the auction. Immediately following the auction, the successful buyer(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 March 15, 2024 for Tracts 1-9 and 11. Tract 10 only will close on or before April 15, 2024. The seller will provide title insurance in the full amount of the purchase price. Seller will pay the 2023 real estate taxes due in 2024 with a credit at closing. Taxes for Tract 10 only will be pro-rated to the date of closing with a credit at closing. Buyer pays 2024 taxes and beyond. Possession at closing. Open lease for 2024 crop year. No hunting leases. Seller will convey any and all mineral rights owned by them. Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property. All announcements made 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, LLC pertaining to this property. Real estate is being sold “AS IS”.
ADDITIONAL INFORMATION, PHOTOS & BIDDING AVAILABLE ONLINE: www.SullivanAuctioneers.com If you need assistance with bidding, please contact our office at (844) 847-2161
No Internet Buyer fees!
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