18.82+- Acres in Fayette County, IL

Buy A Farm Land And Auction Company LLC

 

Date(s) 9/29/2020 - 10/30/2020

Internet-Only Bidding Closes Friday, October 30, 2020 at 8:00 p.m. CST

Past Auction
Online-Only Auction
Bidding Notice:

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Auction Information
Name 18.82+- Acres in Fayette County, IL
Auctioneer
Type Online-Only Auction
Date(s) 9/29/2020 - 10/30/2020
Auction Date/Time Info
Internet-Only Bidding Closes Friday, October 30, 2020 at 8:00 p.m. CST
Preview Date/Time By Appointment Only - Contact Auctioneer Don Bailey at 618-919-1031 or dbailey@buyafarm.com
Location
Buyer Premium No BP
Description
All wooded tracts like this do not come on the market often so if you are looking for a tract to build or simply own for the future, you might want to bid on this tract. Hunting area is good; a great place to go and have some privacy. Located on a good road close to Carlyle Lake State Fish and Wildlife Area. Muddy Creek ditch runs through the property. Nice home sites. Located in Kaskaskia Twp. NO BUYER'S PREMIUM BIDDING IS ON A PER TRACT / LOT BASIS (REQUIRES $1,000 MINIMUM TO RAISE BID) YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. Sale is subject to the confirmation of the Sellers.
Addendum “A” Terms and Conditions NO BUYER'S PREMIUM BIDDING IS ON A PER TRACT / LOT BASIS (REQUIRES $1,000 MINIMUM TO RAISE BID) YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. Sale is subject to the confirmation of the Sellers. PROCEDURE: Property is offered as 1 tract, no divisions. SHORT LEGAL: Section 29, T5N-R1W TAX ID: #17-29-400-008 REAL ESTATE TAXES: $120. Prorated to closing date. SURVEY: No Survey MINERAL: Any mineral owned will transfer, if any. None believed to be owned. CONTRACT AND DOWN PAYMENT: Contract for purchase to be signed within 24 hours of close of auction. A 10% down payment of the total contract purchase price will be due immediately after being declared the winning bidder. The down payment may be paid in the form of personal check, wire transfer, business check or cashier's check and received within 3 business days. Earnest check to be made to Buy A Farm Land & Auction Co. Trust Account. The balance of the contract purchase price is due at closing. TITLE: Sellers shall furnish the Buyer(s) at Seller's expense marketable tile in the form of Title Commitment, Title Insurance, a proper deed conveying merchantable title to the real estate to the buyer(s) and tax transfer stamps. Buyer will pay the deed recording and fees associated with mortgage/financing. Title companies closing fee will be split equally by Buyer & Seller. CLOSING: Closing shall occur within 45 days or as soon thereafter as applicable closing documents are completed. Seller shall pay for recording release from the mortgage. Buyer shall pay for recording the deed of conveyance from Seller and title insurance charges. Any closing costs not herein provided for shall be borne by Buyer. Seller shall cause the Closing Statement to be delivered to Buyer at or before the closing. POSSESSION: Possession will be given at closing. The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed the owners or Buy A Farm Land & Auction Co. LLC. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Real estate is being sold "As Is, Where Is". Any bid placed inside 5 minutes will extend the auction bidding another 5 minutes. This will continue until there are no more bids. AUCTIONEER: Don Bailey, IL Lic #441.002325
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium No BP
Payment Terms
Contract for purchase to be signed within 24 hours of close of auction. A 10% down payment of the total contract purchase price will be due immediately after being declared the winning bidder. The down payment may be paid in the form of personal check, wire transfer, business check or cashier's check and received within 3 business days. Earnest check to be made to Buy A Farm Land & Auction Co. Trust Account. The balance of the contract purchase price is 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.