Live Webcast Auction
Image Not Available
Price Realized:
275,000.00 USD
Shipping Not Available
Price Realized 275,000.00 USD
Date Sold 2017-10-18T00:00:00
Date(s)
10/11/2017 - 10/18/2017
Bidding Notice:

LOTS 3 - 4 - 5 WILL NOT BE OFFERED ONLINE. These tracts will be offered using the muti-par method of selling and can not be offered online.


Information
Lot # 2
Lead Tract 2- 310 Acres m/l
Description
Legal: W 1/2 of Section 16 T20N R24 WIM, Ellis County, OK less a tract in the S/2 S/2 SW 1/4 SW 1/4
Name Davis Family Trust Land Auction
Auctioneer
Type Live Webcast Auction
Date(s) 10/11/2017 - 10/18/2017
Preview Date/Time To view the property please call Ira Smith at 580-334-6001.
Location
Buyer Premium Applied to on-line purchases only.
Description
Selling 1615.75 Acres of Land in 7 Tracts near Arnett, OK. CRP income, good grass, excellent hunting and several home sites. Tract 1-6 have wind energy leases. Tracts 3, 4 & 5 will be offered individually then once price is established, bids will be held. Tracts will be offered in combinations. Any bidder may add to the present dollar amount established by the auctioneer. If no advance of bid is made within a specified time frame the lots will be announced closed. TRACTS 3 - 4 - 5 WILL NOT BE OFFERED ONLINE.
REAL ESTATE Terms: 10% of purchase price escrowed sale day with the balance due upon proof of marketable title. Seller will provide a current abstract and a trustees deed. Taxes prorated to the day of closing. Possession upon closing. Property selling in it's present condition with no warranties expressed or implied. All information given comes from resources we believe to be reliable but in no way is guaranteed. Announcements made sale day supercede all prior advertising. Buyers should arrange financing and satisfy themselves with size, location, boundaries, etc. prior to sale day. CRP contracts will be accessible at www.smithcoauctions.com or at 1102 Oklahoma Ave. Woodward, OK. CRP contracts will also be available to view on the day of the auction. BY PURCHASING TRACTS 1-6, BUYERS AGREE TO THE TERMS AND CONDITIONS OF THE CRP CONTRACTS. Sellers are reserving all oil, gas and other mineral rights. ONLINE BIDDING Terms: REGISTRATION MUST BE COMPLETE ATLEAST 24 HOURS PRIOR TO SALE DAY. Smith & Coompany Auction & Realty, Inc. is not responsible for any errors in bids, omissions of bids, or failure to execute bids and shall have no liability to any bidder for any technical or other failure associated with the internet. Announcements made sale day supercede all prior advertising. Final responsibility rests with the buyer to assess the condition of the property. It is not possible to adequately describe in text or photos all aspects of a property. We recommend you personally inspect the property, or enlist a trusted professional to do so on your behalf. Escrow must be made sale day and may be wired.
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 - 10,000.00 250.00 USD
10,000.01 - 100,000.00 2,500.00 USD
100,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium Applied to on-line purchases only.