Bidding Notice:

The Seller nor the Auction Company is responsible in the event of loss of signal or delay of signal by either side.

Auction Information
Name The Cooksey Family
Auctioneer
Type Live Webcast Auction
Date(s) 2/28/2019 - 3/28/2019
Preview Date/Time Call Megan Albright, Auction Manager, at (580) 747-2496
Location
Buyer Premium 2% Buyer's Premium
Description
80± Acres | Good Small Grain/Livestock Farm | Cropland & Pasture | Easily Accessible Carter/Sayre/Elk City Area, Beckham Co., OK AUCTION Thursday - March 28, 2019 - 10:00 a.m. Auction Location: The Broadway Center, 210 N. Broadway St., Sayre, OK 73662 80 ± acres located from Jct. OK/SH 34 and OK/SH 55 in Carter, 3 miles E. on OK/SH 55, 1 mile S. then ½ mile E. According to the Beckham Co. F.S.A., there are 79.38 acres of farmland with 63.33 acres of cropland, a wheat base of 34.2 acres, & a PLC yield of 25 bushel per acre. In addition, there is a 23.2 acre seed cotton base with a 372 PLC yield. Principal soil types of the cropland include Carey loam- Class II, & Woodward- Quinlan Complex & Obaro silt loam- both Class III. This farm is accessible by good rock & county roads, just 1.5 miles from OK/SH 55, which is a well-maintained blacktop road. The property offers 6 wire permanent fencing on the west and north sides that appear to be in great condition; grass pasture, great for livestock operation; tilled land; and homesite potential, only 25 miles from Sayre/Elk City. Be sure to take a look! Legal Description: W/2 SE/4 32-9N-21W '18 Taxes: were approx. $117.00. The 2019 taxes will be prorated to the day of closing. Crop: Does not sell. Possession: TBA Minerals: No minerals are being sold or transferred. The Seller's share of minerals will be offered at public auction, scheduled for April 12, 2019. Watch future ads & wigginsauctioneers.com for details. Registration: All bidders are required to register with valid form of ID and acknowledge and agree to auction terms & conditions. Absentee bidders who wish to authorize another person to bid/purchase on their behalf, please provide a letter of authorization. Contact the Auction Company for details. Terms: A 2% Buyer's Premium will be added to the high bid in the auction to determine the purchase price. 10% of the purchase price is to be placed in escrow, with the balance being due upon delivery of merchantable title. All information is taken from sources believed to be reliable; however, no guarantee is made by the auction company or its employer. Buyers should satisfy themselves as to acreage, crop base, etc. prior to auction day. Announcements made day of auction take precedence. Contact Megan Albright, Auction Manager, at (580) 747-2496 for any additional information you may need. Visit www.wigginsauctioneers.com for terms, details, photos, & online bidding! Seller: The Cooksey Family
By accepting terms and conditions, I hereby certify that: 1. I acknowledge that I have received a copy of the Auction Day Announcements packet, which includes information about the property, Auction Day Announcements (terms and conditions), Real Estate Purchase Contract, and Open Commitment for Title Insurance, if applicable. 2. I have read said Auction Day Announcements packet and understand and agree to abide by terms and conditions of the auction. 3. I currently have sufficient funds to meet the "Escrow Deposit" and further have the ability to fund and complete the transaction as outlined in the Real Estate Purchase Contract. 4. I have examined the Real Estate Purchase Contract and understand that it is a legally binding contract, which is not contingent upon financing, inspections, or anything which would prevent successful closing. 5. I understand the property is being sold "As-Is" and it is my sole responsibility to satisfy myself as to any inspections, current condition, usability, etc. prior to bidding. 6. I understand that if I am the successful bidder, I agree to complete and sign the Real Estate Purchase Contract immediately upon conclusion of the auction, and place a 10% escrow deposit as outlined in the Real Estate Purchase Contract. 7. I understand that my registration for the auction will not be accepted without providing name, address, phone, and valid ID. By doing so, I am agreeing to and accepting the terms and conditions of the auction set forth in the Auction Day Announcements packet, and any announcements day of auction which supersede advertising. 8. I hereto agree to accept by electronic means, and that the electronic acceptance shall have the same force and effect as an original acceptance.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 100.00 5.00 USD
100.01 - 1,000.00 25.00 USD
1,000.01 - 10,000.00 250.00 USD
10,000.01 - 100,000.00 2,500.00 USD
100,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 2% Buyer's Premium
Payment Terms
10% down, balance due at closing.
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.