Lot # : 1 - Wayne County IL 40+- Acres & Home

Online Only Auction
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Bluford, IL 62814
Date(s)
8/5/2021 - 9/16/2021
AUCTIONEER INFORMATION
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Bidding Notice:

Call Auctioneer Mark Kennedy if you have questions. cell: 618-407-1679 IL Lic # 441.002475

Information
Lot # 1
Group - Category Real Estate - Ag / Farm Land
Lead Wayne County IL 40+- Acres & Home
Description
Located just 12 miles East of Mt Vernon. 40 Acres - 15 tillable, 20 woodland and pond. Improved with a 3-bedroom home, rural water, wood furnace, attached garage and a 45 x 70 shop / barn. Directions: Traveling on Route 15 on the West side of Mt. Vernon, go 10 miles to County Road 220E. Go North 3 miles then turn West on County Road 900N for 1/4 mile. Property on the right. Property Address: 173 County Road 900N, Bluford IL 62814
Name Wayne Couny 40 ac 2727A
Auctioneer
Buy A Farm Land & Auction Co
Type Online-Only Auction
Date(s) 8/5/2021 - 9/16/2021
Auction Date/Time Info
Internet only. Bidding Closes Thursday, September 16, 2021 at 8:00 p.m. CST
Preview Date/Time Property Inspection: Saturday, August 21, 10 a.m. to 2 p.m. OR By Appointment - Call Auctioneer Mark Kennedy at 618-924-1747
Checkout Date/Time By Friday, September 17, 2021 at 8:00 p.m CST.
Location
173 Co Rd 900 N
Bluford, IL 62814
Buyer Premium No Buyer's Premium
Description
Located just 12 miles East of Mt Vernon. 40 Acres - 15 tillable, 20 woodland and pond. Improved with a 3-bedroom home, rural water, wood furnace, attached garage and a 45 x 70 shop / barn. Directions: Traveling on Route 15 on the West side of Mt. Vernon, go 10 miles to County Road 220E. Go North 3 miles then turn West on County Road 900N for 1/4 mile. Property on the right.
NO BUYER'S PREMIUM. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. SALE IS SUBJECT TO THE CONFIRMATION OF THE SELLERS. Please Note: Bidding is total dollars on the tract, not by the acre, in $1,000 bid increments. PROCEDURE: Property is offered in 1 tract. SHORT LEGAL: Section 32, T1S-R5E. TAX ID: 10-32-034-013. REAL ESTATE TAXES: $375. Pro-rated to closing date. MINERAL: All owned will transfer. CONTRACT AND DOWN PAYMENT: Contract for purchase to be signed within 24 hours of close of auction. A 10% down payment of the total contract purchase price will be due immediately after being declared the winning bidder. The down payment may be paid in the form of personal check, wire transfer, business check or cashier's check and received within 3 business days. Earnest check to be made to Buy A Farm Land & Auction Co. Trust Account. The balance of the contract purchase price is due at closing. TITLE: Sellers shall furnish the Buyer(s) at Seller's expense marketable title in the form of Title Commitment, Title Insurance, a proper deed conveying merchantable title to the real estate to the buyer(s) and tax transfer stamps. Buyer will pay the deed recording and fees associated with mortgage/financing. Title companies closing fee will be split equally by Buyer & Seller. CLOSING: Closing shall occur within 45 days or as soon thereafter as applicable closing documents are completed. Seller shall pay for recording release from any mortgage. Buyer shall pay for recording the deed of conveyance from Seller and any mortgage title insurance charges. Any closing costs not herein provided for shall be borne by Buyer. Seller shall cause the Closing Statement to be delivered to Buyer at or before the closing. POSSESSION: Possession will be given at closing. The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed the owners or Buy A Farm Land & Auction Co. LLC. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Real estate is being sold "As Is, Where Is". Any bid placed inside 5 minutes will extend the auction bidding another 5 minutes. This will continue until there are no more bids. AUCTIONEER: Mark Kennedy, IL Lic #440000202
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium No Buyer's Premium
Payment Terms
A 10% down payment of the total contract purchase price will be due immediately after being declared the winning bidder. The down payment may be paid in the form of wire transfer, personal check, business check or cashier's check and received within 3 business days. Earnest check to be made to Buy A Farm Land and Auction Company Trust Account. The balance of the contract purchase price is due at closing. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. This is a cash sale auction. Be sure to have financing arranged in advance.
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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.