Online Only Auction
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Price Realized:
509,850.00 USD / Lot
7,500.00 USD / ea
Shipping Not Available
Date(s)
11/16/2020 - 12/10/2020
Bidding Notice:

No Buyer's Premium. Sign a cash offer to purchase and pay $25,000 down per parcel as earnest money within 24 hours of auction close. Balance due at closing on or before January 22, 2021.


Information
Lot # 2
Quantity x67.98
Group - Category Real Estate - Commercial
Lead Parcel # 2 - 67.98 acres
Description
Bidding is so much per surveyed acre times 67.98 acres. 62 +/- acres tillable according to FSA maps, Marshan Silt Loam, Spinks & Plainfield and Watseka Loamy Sand. TERMS: 1. Successful bidder will sign a standard Offer to Purchase form within 24 hours of the close of the auction. Offer will be a cash offer with no contingencies of any kind. 2. Earnest money shall be $25,000 per parcel and will be collected within 24 hours of the close of the auction. If the high bid is accepted, the earnest money will be applied toward the purchase price. If the bid is not accepted, the earnest money will be returned to the buyer. 3. The offer is subject to approval of the owner, who will have until December 12, 2020. The seller may accept, reject, or counter today’s high bid. 4. This offer may not be rescinded prior to Midnight of December 12, 2020. 5. In the event of a counter-offer, today's high bidder will be given the first opportunity to accept any counter offer. 6. The buyer is purchasing the property in its "AS IS" condition with all its faults. No warranties are made as to any aspects regarding the property. Buyers shall rely entirely on their own inspections of the property and the records. 7. The property is being sold to settle an estate. A Real Estate Condition Report has been provided, however the buyer is purchasing the property in its "AS IS" condition. 8. If the offer is accepted, closing will take place on or before January 22, 2021. 9. The seller will pay all 2020 taxes, the buyer is to be responsible for taxes starting January 1, 2021. 10. No development rights are being transferred with this purchase.
Name 119 Acre Cropland Online Only Auction
Auctioneer
Type Online-Only Auction
Date(s) 11/16/2020 - 12/10/2020
Auction Date/Time Info
Online Only. Ending Thursday December 10th - 10:00 AM
Preview Date/Time Tuesday November 24 th - 11:00 AM to 1:00 PM
Checkout Date/Time Sign and offer to purchase with no contengencies within 24 hours of auction ending.
Location
Buyer Premium No Buyer's Premium
Description
Cleo I Brockmann Rev. Living Trust. 119 Acre Cropland Online Only Auction offered in 2 parcels.
OFFER TO PURCHASE TERMS 1. Successful bidder will sign a standard Offer to Purchase form within 24 hours of the close of the auction. Offer will be a cash offer with no contingencies of any kind. 2. Earnest money shall be $25,000 per parcel and will be collected within 24 hours of the close of the auction. If the high bid is accepted, the earnest money will be applied toward the purchase price. If the bid is not accepted, the earnest money will be returned to the buyer. 3. The offer is subject to approval of the owner, who will have until December 12, 2020. The seller may accept, reject, or counter today’s high bid. 4. This offer may not be rescinded prior to Midnight of December 12, 2020. 5. In the event of a counter-offer, today's high bidder will be given the first opportunity to accept any counter offer. 6. The buyer is purchasing the property in its "AS IS" condition with all its faults. No warranties are made as to any aspects regarding the property. Buyers shall rely entirely on their own inspections of the property and the records. 7. The property is being sold to settle an estate. A Real Estate Condition Report has been provided, however the buyer is purchasing the property in its "AS IS" condition. 8. If the offer is accepted, closing will take place on or before January 22, 2021. 9. The seller will pay all 2020 taxes, the buyer is to be responsible for taxes starting January 1, 2021. 10. No development rights are being transferred with this purchase. STANDARD TERMS: Lots start closing on Thursday December 10th @ 11 AM CST. This is a soft close auction meaning if anyone places a bid on either lot within the last 3 minutes prior to the lot closing the bidding is extended an additional 3 minutes on each lot. Both lots will not close until there has been no bidding on either lot within the last 3 minutes and the timer hits zero. All items are sold "AS IS" with no guarantees or warranties and all sales are final. Items are available for public inspection and you are encouraged to inspect items prior to bidding. Gavin Bros. Auctioneers LLC may attempt to describe the merchandise in advertising or on the internet, but makes no representations. In no event shall Gavin Bros. Auctioneers LLC be held responsible for having made or implied any warranty of merchantability or fitness for a particular purpose. Bidder shall be the sole judge of value. Bidders who bid off site and are not present for the preview understand and acknowledge that they may not be able to inspect an item as well as if they examined it in person. It is the bidder’s responsibility to determine condition, age, genuineness, value or any other determinative factor. Should a dispute arise between Gavin Bros. Auctioneers LLC and bidder, Bidder waives any right to a trial or hearing in a court of law and agrees to settle the dispute through arbitration in Sauk County, Wisconsin. Bidder further agrees that under no circumstances will he/she initiate a charge back on his/her credit card. Bidder agrees that everything is sold as is and that they may not return any item they purchase.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 25.00 USD
Currency USD
Buyer Premium No Buyer's Premium
Payment Terms
Buyer agrees to sign a cash offer to purchase and pay $25,000 down per parcel as eanest money within 24 hours of auction close. Balance due at Closing on or before January 22, 2021.
N/A
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.