Lloyd C. Kruse Trust Land Auction
Bidding opens in
16d 16h 19m
Shipping Not Available
Bidding Notice:

Each tract will be sold on a per acre basis with the bid amount times the deeded acres contained in each tract equaling the total purchase price of the tract. The Buyer(s) shall enter into a purchase agreement and make a 20% Non-Refundable down-payment the day of the auction. The closing shall be held on November 1, 2024 with the balance being due and payable in full at closing. Possession shall ... Show More

Auction Notice:

We are very honored to have been asked to represent the Lloyd Kruse Estate with the sale of these properties. Please come prepared to purchase as the seller have chosen the public auction method to market this property. If you are considering the purchase of land to add to your investment portfolio this is an auction that you will want to attend. The information contained in this sale bill and ... Show More

Auction Information
Name Lloyd C. Kruse Trust Land Auction
Auctioneer
Type Live Webcast Auction
Date(s) 9/10/2024
Auction Date/Time Info
9/10/24 at 10:00 a.m.
Preview Date/Time NA
Checkout Date/Time 9/10/24 at 11:30 a.m.
Location
Buyer Premium 0% Buyer's Premium
Description
Lloyd C. Kruse Trust Land Auction Tuesday, September 10th, 2024 at 10:00 a.m. Auction held at the Lakefield Golf Course
Each tract will be sold on a per acre basis with the bid amount times the deeded acres contained in each tract equaling the total purchase price of the tract. The Buyer(s) shall enter into a purchase agreement and make a 20% Non-Refundable down-payment the day of the auction. The closing shall be held on November 1, 2024 with the balance being due and payable in full at closing. Possession shall be transferred for the 2025 crop year. The sale will NOT be contingent upon any buyer financing. The Buyer is responsible for all real estate taxes that are due and payable in 2025 and thereafter. Property is being sold “AS IS”, Property is being sold subject to any easements including road, drainage, utility or other easements of record or pending. The Buyer(s) shall be assigned all rights & assumes liabilities to the properties regarding any & all programs such as CRP, CREP, RIM, easements or other programs that they may have at the time of the closing. The sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing, if any, will be the responsibility of the purchaser pursuant to MN statues. The buyers are responsible for all inspections of the property prior to their purchase of it. The sale is subject to the sellers approval with the seller retaining the option to accept or reject any of the final bids. Any statements made at the auction may take precedence over any printed information. Auction Company & Staff represent the seller in this transaction.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 10.00 1.00 USD
10.01 - 50.00 2.50 USD
50.01 - 100.00 10.00 USD
100.01 - 500.00 25.00 USD
500.01 - 1,000.00 50.00 USD
1,000.01 - 10,000.00 100.00 USD
10,000.01 - 15,000.00 250.00 USD
15,000.01 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium 0% Buyer's Premium
Payment Terms
US Dollars
NA