Live Webcast Auction
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Price Realized:
7,700.00 USD
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Price Realized 7,700.00 USD
Date Sold 2023-06-13T00:00:00
Date(s)
6/9/2023 - 6/13/2023
AUCTIONEER INFORMATION
Bidding Notice:

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Information
Lot # 1
Group - Category Real Estate - Ag / Farm Land
Lead Frank Properties 2 LLC
Name Frank Properties
Auctioneer
Type Live Webcast Auction
Date(s) 6/9/2023 - 6/13/2023
Auction Date/Time Info
Tuesday, June 13, 2023 at 10:30 MT
Preview Date/Time TBA
Checkout Date/Time Tuesday, June 13, 2023
Location
Buyer Premium N/A
Description
Frank Properties 2, LLC
TERMS: Cash With No Financing Contingencies. Any financial arrangements by the Buyers should be made before the Auction. $100,000.00 Down On The Day of Sale As An Earnest Deposit. The Balance Of The Purchase Price Shall Be Paid by Cashier’s Check, or Verified Wire Transfer of Funds At Closing. Closing Is Scheduled On or Before July 7, 2023. All Online bidders need to pre-register at HiBid.com. Click Icon on Main Page for Online Bidding Information. Buyers must be approved by Helberg and Nuss Auctions & Realty , Inc., no later than June 9, 2023, 3:00 PM MT. Contact Mike Nuss at 308-631-3972 regarding online bidding. Successful Online Buyers agree to execute an email version of the Purchase Agreement, and agree to wire transfer earnest deposit to Helberg and Nuss Auctions & Realty Real Estate Trust Account by 5:00 P.M. MT June 14, 2023. Auction Is With Reserve, And The Sellers Reserve The Right To Reject Any and All Bids. The property is selling subject to all easements, restrictions, reservations, and rights of way that are apparent, or are of record. Seller agrees to furnish a title insurance policy commitment insuring marketability, and Buyer shall be furnished a current title insurance commitment by Seller. The cost of title insurance issued for this sale shall be equally divided between Buyer and Seller. The cost of any title insurance lender’s endorsement, ½ the escrow closing fee, and other customary Buyer closing costs will be paid by the Buyer. Seller agrees to convey the property to Buyer by Warranty Deed free and clear of all liens, encumbrances, special assessments levied or assessed, and subject to all easements, reservations, conditions, limitations, and covenants of record 1)The buyers are purchasing the property in “as is” condition with no warranty as to the condition or serviceability of the center pivot, pumps, wells, motors, switches or other equipment involved with the irrigation equipment. 2)The buyer acknowledges that prior to signing this Purchase Agreement, the buyer received and signed copies of “Brokerage Relationships in Real Estate Transactions”. 3)The property is selling by legal description only, subject to existing field lines, fencelines and roads, and no survey will be completed by the Seller for the Buyer after the Auction. 4)Real estate taxes and water right charges for 2022 and prior years will be paid by the Seller. The Buyer will be responsible to pay the year 2023, and subsequent years real estate taxes, and water right charges. 5)All parties to this Purchase Agreement have been informed that Helberg and Nuss Auctions & Realty are agents of and are representing the Seller. 6)Farm Lease: The farm is leased for the 2023 farm season to Steele Family Farms. 7)Mineral Reservation: The Seller reserves no mineral rights. The property sells subject to any unexpired mineral reservations. 8)Buyer is informed of the possibility of noxious weeds or wetlands on the property. 10)Announcements the day of sale shall supersede all previous written, oral or advertised terms and conditions. 11)Helberg and Nuss Auctions & Realty, and it’s agents, are Agents of, and are representing the Seller. 12)Potential Buyers will be granted unaccompanied access to the farm for inspections. Before Buyers make their inspection, the are required to call either Mike Nuss(308-631-3972), or Don Helberg(308-631-0527). Please do not go onto the property before informing the Seller’s Agents. Helberg and Nuss will also be glad to accompany Buyers on the property inspection. 13)Method of Sale: The farm will sell by dollars/acre. Final total sale price will be determined multiplying the rounded acreage from the County Assessor by the per acre bid price, 167.00 acres.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 9,750.00 250.00 USD
9,750.01 - 97,500.00 2,500.00 USD
97,500.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium N/A
Payment Terms
See Auction Terms
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