Auction Terms & Conditions:
There is a 2% buyers premium.
Bidders must be preapproved with their lender, if applicable, prior to registering. Registered bidders will be contacted by a representative of the auction company for proof of funds/pre approval. Red Cedar Land Co. has the authority to establish all bidding increments. Red Cedar Land Co. reserves the right to accept, set or decline bidder permissions. Red Cedar Land Co. has the right to refuse, reject, or disqualify any bidders believed to be fraudulent, illegitimate, not competent, or in violation of any terms or conditions. Red Cedar Land Co. has the right to extend, pause, or delay the auction.
Red Cedar Land Co. will have a conference room at the Holiday Inn Express at the Legends (1931 Prairie Crossing/Parallel, Kansas City, Ks 66111) on Friday June 30th from 4pm to when the auction concludes. The Red Cedar Team will be there to help answer questions, and register bidders.
Bidding will begin to end at 6:00 PM CST on 6/30/2023. The lot will have a "soft close" meaning that if a bid is placed within the last minute, the bidding will extend another 3 minutes until no more bids are placed.
10% earnest money down day of sale. Closing shall be with Chicago Title in Shawnee, KS 30 days from auction date. Taxes shall be prorated to the date of closing. Title and closing costs shall be split 50/50 between sellers and buyers. All real estate shall be sold as is, where is, with no warranties or guarantees. All real estate is selling subject to any easements. Real estate is not selling subject to any inspections or bank approval. What mineral rights the Sellers own shall transfer - It is believed the minerals are intact. 2022 Taxes $6885.46. All boundary line maps are approximate. Real estate shall be sold with no disclosure statements. The Sellers have elected to have online bidding only. Red Cedar Land Co. is not liable for any claim regarding poor internet connection/disconnection during or before the auction. All property information is believed to be accurate, however Red Cedar Land Co. is not liable for its accuracy. All inspections and verifications should be handled by all buyers prior to the auction. The land is being sold with Sellers confirmation on price.
We will confirm all sales with the seller before declaring "Sold". If you are the winning bidder we will contact you by phone to coordinate signing and collection of the earnest money.
Winning bidders must enter into a purchase contract no later than 5pm Monday, July 3rd, 2023. If buyer's default on the purchase the earnest money shall be non-refundable, unless further agreed upon by the sellers.
Red Cedar Land Co. is representing the Seller as a Seller's Agent.
For questions about this property or to schedule a showing contact broker Ryan Koelsch at 620-546-3746 or Chad Hyman at 785-531-0079. 24 HOUR NOTICE REQUIRED for showing.
Payment Terms: Cashier's Check or Wire Transfer Only. U.S. Dollars
Any announcements made day of sale take precedence over any previous information.