03 23 2023 Lincoln Real Estate Auction

Martin Auction Services, L.L.C.


Date(s) 2/18/2023 - 3/23/2023

11 A.M. March 23rd online

Past Auction
Online-Only Auction
Shipping Not Available
Bidding Notice:

This will be a virtual auction, please tune in for your bidding status.

Auction Information
Name 03 23 2023 Lincoln Real Estate Auction
Type Online-Only Auction
Date(s) 02/18/2023 - 03/23/2023
11 A.M. March 23rd online
Preview Date/Time Sunday, March 19th 10:00 A.M. - 2:00 P.M. or by appointment
Checkout Date/Time 10% down day of auction.
Buyer Premium 1% buyers premium to Hi-Bid
Description Offering the Hilltop Farms 1668 1100th Street, Lincoln, IL - at public auction on Thursday, March 23rd. 6 PM Auction- Timed Online Bidding This farm contains approximately 18.5+/- Acres of farmstead & farmland. Please see the terms and conditions in the auction brochure for more information. A real estate contract will be available prior to the auction for your review. Open houses will be scheduled or a registered bidder may contact ME Realty for a private showing.
This auction is being conducted as per the terms and conditions found in the auction brochure. The property sells as is with a closing 30 days from the auction date. There is a 1% buyers premium charged to the buyer from HI-Bid on this property. This property is free of any leases this year with possession at closing. Bidders may begin to register online on and after the 18th of February. The winning bidder will execute a written contract and place a 10% downpayment on auction day or within 24 hours if the winning bidder is online. The Seller will provide a Title Policy in the amount of the purchase price and agrees to provide and execute a proper deed conveying the real estate to the Buyer. The owner agrees to provide merchantable title to the property. Buyers understands and agrees to abide by the restrictions of record. The contract will govern the closing terms of this property. Seller and the Auctioneer reserve the right in their sole discretion to amend these proceedures/ terms & conditions at or before the auction. The auctioneer has the right to reject any bids and will be the final authority as to thebidding increments. Announcements made by the Auctioneer at the auction will sepersede any prior written or oral information. All bidders understand that any tract may be removed from the auction at any time. Your attendance online is appreciated. Open houses will be published as we schedule them, or Contact ME Realty, Seth Goodman for private showings, 217-735-5424.
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 50.00 USD
10,000.01 - 50,000.00 50.00 USD
50,000.01 - 100,000.00 1,000.00 USD
100,000.01 - 9,999,999.99 2,000.00 USD
Currency USD
Buyer Premium 1% buyers premium to Hi-Bid
Payment Terms A downpayment of 10% will be due within 24 hours of the auction, if you are the high online bidder.

Closing is 30 days after auction day.
Not Applicable
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.