Property Location: 9346 E State Road 67, Clinton, WI 53525 Auction Ends: Tuesday October 20th, 2026 Closing: On or before December 31st, 2026 The property will be offered as one tract and sold subject to seller confirmation.
1. PROPERTY OFFERED AS-IS, WHERE-IS The house, buildings, land, improvements, fixtures, wells, septic systems and entire property are being sold AS-IS, WHERE-IS, WITH ALL FAULTS, without warranties or guarantees of any kind, expressed or implied. The residence and improvements may require substantial repair, renovation or demolition. Buyers are strongly encouraged to inspect the property and complete all desired due diligence before bidding. The seller, auction company, auctioneer and real estate broker make no warranties or representations regarding the condition of the property, improvements, acreage, soils, drainage, zoning, permitted uses, environmental condition, utilities, well, septic system or suitability for any particular purpose.
2. SOLD BY THE TRACT The real estate is being sold by the tract and not by the acre. Advertised acreage, tillable acreage, maps, aerial photographs, lot lines and dimensions are approximate and are provided for informational purposes only. There shall be no adjustment to the purchase price based upon any difference between advertised acreage and actual acreage unless specifically agreed to in writing.
3. TRACTS OFFERED The property will be offered as: One TRACT: 120± acres with farmstead, residence and outbuildings approximately 116 ± acres of agricultural land. The auction company may also offer the tracts in combination for purposes of determining the highest total return to the seller. A high bid on an individual tract is not final until bidding has concluded, the final tract configuration has been determined and the seller has accepted the bid.
4. SELLER CONFIRMATION All bids are subject to seller confirmation. The seller reserves the right to accept or reject any or all bids and to determine the final tract configuration. No bid shall become a binding sale until accepted by the seller and the required purchase agreement has been executed.
5. BUYER'S PREMIUM A 3% Buyer's Premium will be added to the final accepted high bid to determine the total contract purchase price. Example: High Bid: $1,000,000 3% Buyer's Premium: $30,000 Total Contract Purchase Price: $1,030,000
6. EARNEST MONEY The successful purchaser shall deposit 5% of the total contract purchase price as earnest money within 24 hours of seller acceptance. Earnest money shall be paid by wire transfer, cashier's check or other immediately available funds acceptable to the licensed real estate broker or title company handling the transaction. Earnest money shall be credited toward the purchase price at closing.
7. BIDDER FINANCIAL QUALIFICATION Bidders may register and bid up to $500,000 without additional financial documentation unless otherwise requested by the auction company. Before a bidder is authorized to bid above $500,000, the bidder must provide Sunrise Auction Company and/or the licensed real estate broker with acceptable proof of funds, bank letter, lender prequalification or other evidence of financial ability to complete the purchase. The auction company reserves the right to request financial qualification from any bidder at any time and may limit, suspend or deny bidding privileges until satisfactory documentation is provided.
8. NO FINANCING OR APPRAISAL CONTINGENCY The sale is not contingent upon financing, appraisal, inspection, sale of another property or any other buyer contingency. All financing arrangements should be completed before bidding. A purchaser's inability to obtain financing or an appraisal supporting the purchase price shall not relieve the purchaser from their obligation to close.
9. ONLINE BIDDING & SOFT CLOSE Bidding is scheduled to end October 20th, 2026. The auction will utilize a soft-close / extended bidding format. If a bid is placed during the designated final bidding period, the auction closing time will automatically extend. Bidding will continue to extend until no qualifying bid is received during the applicable extension period. This process is intended to allow all interested bidders a fair opportunity to place additional bids.
10. PURCHASE AGREEMENT & BROKER The successful purchaser will be required to promptly (within 48 hours) execute a Wisconsin real estate purchase agreement and all applicable auction documents following seller acceptance. A licensed Wisconsin real estate broker will complete the real estate transaction following the auction and coordinate the purchase agreement, earnest money, title work and closing. The final purchase agreement and these auction terms shall govern the transaction.
11. CLOSING Closing shall take place on or before December 31st, 2026, unless otherwise agreed to in writing by buyer and seller. The balance of the purchase price shall be due at closing in certified or immediately available funds.
12. CROP TENANT RIGHTS & POSSESSION The property is currently subject to agricultural use and/or crop tenant rights for the 2026 crop season. The existing crop tenant shall retain the right to enter upon and use the agricultural land as necessary to harvest the 2026 crop. Possession of the agricultural acreage shall transfer to the purchaser following completion of the 2026 harvest, subject to the terms of any existing farm lease or tenant agreement. The purchaser shall not interfere with the tenant's right to harvest the 2026 crop. Unless otherwise stated in the purchase agreement, the seller and/or existing tenant shall retain ownership of the 2026 growing crop and all proceeds associated with that crop. Any 2027 farming rights shall transfer to the purchaser at closing, subject to completion of the 2026 harvest and the terms of the final purchase agreement.
13. TITLE Seller shall convey marketable title subject to recorded easements, rights-of-way, restrictions, zoning ordinances and other permitted title exceptions.A title commitment will be provided when available.
14. TAXES Real estate taxes shall be prorated through the date of closing unless otherwise provided in the final purchase agreement.
15. BOUNDARIES, ACREAGE & MAPS All property lines shown in aerial photographs, maps or auction advertising are approximate. Buyers are responsible for independently verifying property boundaries, acreage, legal descriptions, access and easements. Auction maps and aerial overlays are for informational purposes only and are not surveys.
16. INSPECTION & DUE DILIGENCE All inspections and due diligence must be completed before bidding. By placing a bid, the bidder acknowledges that they have had sufficient opportunity to inspect the property and review available information and are relying upon their own judgment and investigation. Failure to inspect shall not constitute grounds to cancel the transaction.
17. DEFAULT If the successful purchaser fails to execute required documents, provide earnest money or complete the purchase, the purchaser may be considered in default.The seller shall retain all rights and remedies provided under the purchase agreement and Wisconsin law, including any rights involving earnest money and damages.
18. ANNOUNCEMENTS & CHANGES The seller and Sunrise Auction Company reserve the right to correct, modify or clarify any auction information prior to the close of bidding. Any written updates or announcements made before the auction concludes shall take precedence over previously published information.
19. ACCEPTANCE OF TERMS By registering and placing a bid, each bidder acknowledges that they have read, understand and agree to these Real Estate Auction Terms & Conditions. All sales are final upon seller acceptance and execution of the purchase agreement.