Online Only Auction
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Date(s)
9/25/2020 - 10/2/2020
AUCTIONEER INFORMATION
Bidding Notice:

This is an ONLINE only auction.

Auction Notice:

This auction includes 2 tracts, please make sure you are bidding on the right property when placing your bids.


Information
Lot # 3
Quantity x233.80
Group - Category Real Estate - Ag / Farm Land
Lead Tract 2: 233.8 +/- Acres
Description
Tract 2: 233.8 +/- Acres - Includes food plots and trails making for great hunting or recreation property.
Name 506 +/- Acre Auction Cedar County, Missouri
Auctioneer
Type Online-Only Auction
Date(s) 9/25/2020 - 10/2/2020
Auction Date/Time Info
Bidding opens at 9/25/20 at 8:00 a.m. CST and will close on 10/2/2020 at 12:00 p.m.
Preview Date/Time Property is available to view at any time. 11 miles east of El Dorado Springs on the south side of Highway 54. Look for signs.
Checkout Date/Time Winning buyers will enter into a contract with Jim Hughes Real Estate immediately following the close of bidding.
Location
Buyer Premium 0
Description
Online Auction Only - All bidding will take place online. 506 +/- Acres Cedar County, Missouri selling in 2 tracts. This is a hunters paradise between El Dorado Springs (11 miles east) and Collins along highway 54, signs posted. Tract 1: 278.8 +/- Acres - Gently rolling timber that has established food plots with approximately 50 acres of cropland adjacent to the Sac River. Income potential with some row crop along the Sac river on this tract. Tract 2: 233.8 +/- Acres - Includes food plots and trails making for great hunting or recreation property. Please note that we may ask for a bank letter of credit for a bidder to be approved. Rice Auction Company conducting the auction - Jake Rice - Auctioneer - 641-202-3315; Adrian Wolfe - Auction Manager - 641-414-2256 Jim Hughes Real Estate Agent/Broker - Jim Hughes - 712-520-7300
METHOD OF AUCTION: Farm will be sold on a dollar per acre basis to be multiplied by the net surveyed. Online only bidding opening on September 25, 2020 at 12 PM and closing October 2, 2020 at 12 PM central standard time (CT). TERMS: 10% down day of auction with balance due at closing on or before November 2, 2020. Closing to be handled by Advantage Title & Abstract. ACCEPTANCE OF BIDS: Successful bidders will enter into a purchase contract at the auction site immediately following the auction. All bids are subject to owner’s approval. Your bidding is not subject to financing, so financing must be arranged prior to auction. POSSESSION: At closing on November 2, 2020. AGENCY: Auctioneers Jake Rice & Jim Hughes Real Estate are agents for & represent the sellers. All bidders will be considered customers, not clients. DISCLAIMER: Announcements made by the auctioneer at the time of sale will take precedence over any previously printed material or any other statements made. All information contained in the brochure and all related materails are subject to terms & conditions outlined in the agreement to purchase. The property is being sold on an AS IS, WHERE IS basis, an no warranty or representation either expressed or implied concerning the property is made by the seller or the auction company. Each potential bidder is responsible for conduction his or her own independent investigations, inspections, inquiries, and due diligence concerning the property. The information contained in this brochure is believed to be accurate, but is subject to verification by all parties relying on it. No liability for its accuracy or omissions is assumed by the seller or the auction company. All sketches & dimensions in this brochure are approximate & have been estimated based on aerial photographs. Conduct of the auctions increments of bidding are the direction & discretion of the auctioneer.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 1,600.00 100.00 USD
1,600.01 - 9,999,999.99 50.00 USD
Currency USD
Buyer Premium 0
Payment Terms
TERMS: 10% down day of auction with balance due at closing on or before November 2, 2020. Closing to be handled by Advantage Title & Abstract. ACCEPTANCE OF BIDS: Successful bidders will enter into a purchase contract at the auction site immediately following the auction. All bids are subject to owner’s approval. Your bidding is not subject to financing, so financing must be arranged prior to auction. POSSESSION: At closing on November 2, 2020.
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.