Auction Terms & Conditions: This is a live auction with online bidding on this property. Buyers are encouraged to come bid live at the auction, but do have the option to bid online if unable to attend. 10% Non Refundable earnest money in the form of certified check, cash or wire transfer to the closing atttorney's office, Attorney Brian R. McPhail of McPhail Law Firm, Osage, IA, payable at the close of the auction. If the successful buyer is an online bidder, paperwork must be completed within 24 hours and funds must be provided by 12 Noon Wednesday August 8th.. Remaining balance due in full at closing around September 13, 2024. This property does sell "Subject to Approval" meaning the auction company will obtain Seller's Confirmation if they are willing to accept the high bid established at the close of the auction. If the seller does accept the bid, the successful bidder will be required to enter into a purchase agreement prepared by the closing attorney immediately following the close of the auction. This auction is not contingent upon financing, meaning the successful bidder will have 10% ready to be delivered to the closing attorney's trust account via certified check, cash, or wire transfer with 24 hours of the auction closing (if not present at the auction) and will have the balance ready to go at closing. This sale is not subject to appraisal or inspection, property is being sold AS IS. This is a live auction with online bidding as an option. Buyers are strongly encouraged to attend the auction and bid live in person as we can not guarantee the functioning of the online bidding at all times, and we will not be held responsible for any missed bids to technical issues. Seller will convey the property by Deed at closing and Real Estate Taxes will be pro-rated. Sells Subject to Existing Farmland Lease that expires February 28, 2025. The house and buildings are currently rented and new buyer will take possession October 1, 2024. The acreage is served by an older septic system that will need replacement, which will be the responsibility of the new buyer. Parcels 1, 2 & 3 will have app. 84% base on tillable acres, pending reconstitution by the Chickasaw County FSA Office. Announcements Made Day of Auction Take Precedence Over Printed Materials. Sweeney Auction Service is an agent of the seller. Seller is represented Attorney Brian R. McPhail of McPhail Law Firm, Osage, IA. Auction Company reserves the right to decline or deny any bidders if they are unable to be verified or are unable to meet the terms & conditions. Auction Company will notify registered bidders of any updated changes or corrections to the property as the auction progresses. The property is being sold AS IS and no warranty or representation either expressed or implied concerning the property is being made by the Seller or Auction Company. Each potential bidder is responsible for conducting their own inspections, inquiries, investigations, and due diligence regarding the property. The information contained on this website is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. The auction company reserves the right to cancel, postpone or pause the auction if complications or circumstances out of our control occur, such as software or server malfunction. The auction company, seller or the software provider shall not be held responsible for a missed bid or the failure of the software to function properly. By bidding on this property, you are agreeing to all these terms and signify you have read and understood them.