20 +/- ACRES, INDIAN CREEK TOWNSHIP, WHITE COUNTY

Integrity Realty & Auctions

 

Date(s) 11/28/2020 - 12/12/2020

Prebidding starts November 28, 2020 at 7:00 am; On-Site begins December 12, 2020 at 10 a.m.

Past Auction
Shipping Not Available
Bidding Notice:

Place prebids prior to the auction or bid live during the auction. Offered with very reasonable reserve price in per-acre increments as one (1) 20-acre tract. If the successful bidder/purchaser wins the bid via our online bidding platform (HiBid), a $250.00 convenience fee shall be added to the TOTAL bid amount to determine the final purchase price.

Auction Information
Name 20 +/- ACRES, INDIAN CREEK TOWNSHIP, WHITE COUNTY
Auctioneer
Type Live Webcast Auction
Date(s) 11/28/2020 - 12/12/2020
Auction Date/Time Info
Prebidding starts November 28, 2020 at 7:00 am; On-Site begins December 12, 2020 at 10 a.m.
Preview Date/Time No preview dates have been scheduled.
Checkout Date/Time Immediately following the auction.
Location
Buyer Premium NO BUYERS PREMIUM
Description
LAND AUCTION 20 +/- ACRES OF WHITE COUNTY TIMBER/RECREATION GROUND OFFERED IN 1 TRACT SATURDAY, DECEMBER 12TH, 2020 @ 10AM LOCATION: INTERSECTION OF ILLINOIS ROUTE 1 AND CR 400 N NORRIS CITY, IL 62869 (ON-SITE) DIRECTIONS: From the intersection of Illinois Route 1 and US 45 (near the grade school and John Deere), drive South on Route 1 for 2.1 miles. The auction property is located at the intersection of Illinois Route 1 and County Road 400 North on the West side of the highway. The auction will be conducted from the Northeast corner of the property, near the intersection. (SIGNS POSTED) LEGAL DESCRIPTION: The North Half of the North East Fourth of the North East Quarter of the Section Nine (9), Township Seven (7) South, Range Eight (8) East of the Third Principal Meridian in White County, Illinois. GPS Coordinates: Latitude 37.937394, -88.319881 Longitude LIVE, IN-PERSON AUCTION WITH ONLINE PRE-BIDDING AND LIVE WEBCAST BIDDING AVAILABLE!!! ONLINE BIDDING PLATFORM: www.integrityauctions.hibid.com AUCTIONEER'S NOTE... What an incredible opportunity to purchase 20 acres near Indian Creek with potentially marketable timber, prospective building sites, and numerous recreation options, such as hunting, four-wheeling, and more! With ample grain production in the area, as well as water and cover, this property boasts tons of wildlife traffic, including whitetail deer, turkeys, pheasants, and more! Don't miss your shot at this spectacular, partially wooded parcel in rural White County…We'll see you at the auction!!! TERMS OF REAL ESTATE AUCTION: Twenty percent (20%), non-refundable earnest deposit required day of auction. Balance due at closing within 45 days of fully executed purchase agreement. Seller to pay 2019 property taxes in full. 2020 property taxes prorated to the day of closing. Possession at closing. Seller reserves ALL oil, coal, natural gas, and other mineral rights of record. Subject to any/all leases for said oil/mineral rights. Offered with very reasonable reserve price in per acre increments as one (1) 20-acre tract. Conveyed in lieu of survey. All closing costs shall be paid in the customary fashion, divided by the Seller and Purchaser. Property is being sold "AS-IS, WHERE-IS, WITH ALL FAULTS, IF ANY". All announcements made day of auction take precedence over all written or verbal statements. Auctioneer is agent of Seller only. Not responsible for accidents. SEE WEBSITE FOR ADDITIONAL ONLINE BIDDING TERMS AND CONDITIONS. SELLER: BILLY DEAN ANDREW, JR. NO BUYER'S PREMIUM!!! For more information, please contact Dustin at (618) 445-2267 or email: dustin@integritylistings.net DETAILS AND PICTURES ONLINE!!! INTEGRITY REALTY & AUCTIONS 51 West Main Street, Albion, IL 62806 Dustin Hawkins, Managing Broker/Auctioneer Illinois License #471.000893/441.002027 "See the difference Integrity makes!" www.integrityauctions.net www.facebook.com/integritysells
· This real estate auction is being recorded. · You must register to bid. · The successful bidder/bidders will be required to sign the standard purchase agreement, WHICH IS AVAILABLE FOR REVIEW, and provide the auctioneer with a non-refundable earnest deposit check equal to 20% of the gross purchase price. Those funds will be held in my escrow account (Integrity Auctions Escrow) until the day of closing, at which point, the purchaser will receive a credit on the settlement statement. · Please understand, this auction is NOT subject to financing or any other contingencies. o If the successful bidder/bidders fail to complete the transaction due to failure to obtain financing, their earnest money will be forfeited. · We have a copy of the title insurance commitment, prepared by Bobbi Browning at Southern Illinois Title in Carmi. o You may review the title commitment ahead of the real estate auction. · The successful bidder/bidders will receive a Warranty Deed at Closing which will take place within 45 days of the last date appearing on the contract at a location of the seller's choosing. o If you are obtaining a mortgage, the lender will most likely act as closing agent. o If you’re paying cash, Southern Illinois Title will handle the closing. · The seller will pay the RE taxes for all of 2019 and prior years, and the 2020 RE taxes will be prorated to the day of closing, based on the most recent tax figures available at the time of closing. · Possession will be at closing. · Seller assumes risk of loss or damage to the property until delivery of deed. · Please understand, as auctioneer, hired by the seller, INTEGRITY REALTY & AUCTIONS is acting as the seller's agent only. · This property is being conveyed in lieu of survey. · Today's auction is being conducted on an "AS-IS" basis. o Neither the auction company nor the seller make any warranties of any kind regarding the condition of this residence, improvements, or any included personal property items you are about to bid on. - This auction is on a RESERVE basis. The seller reserves the right to reject the highest bid if it does not meet the reserve price. · The auctioneer reserves the right to vary the bid increments at his discretion. · If the successful bidder/purchaser wins the bid via our online bidding platform (HiBid), a $250.00 convenience fee shall be added to the TOTAL bid amount to determine the final purchase price. o This constitutes an online bidding “convenience fee” and IS NOT a buyer’s premium. - It is the responsibility of the winning bidder/purchaser to review the full terms of the purchase agreement prior to bidding. The winning bidder/purchaser shall pay their customary share of closing costs and settlement fees.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 100.00 USD
Currency USD
Buyer Premium NO BUYERS PREMIUM
Payment Terms
20% earnest deposit is required from successful online bidder within 24 hours of auction. Successful online bidder/purchaser shall meet with auctioneer within 24 hours of the auction's conclusion to remand earnest money deposit and execute purchase agreement. Earnest money deposit may be wired to auction company and purchase agreement executed remotely, via email. CONTACT AUCTIONEER PRIOR TO AUCTION FOR APPROVAL. A $250.00 online bidding convenience fee shall be added to TOTAL winning bid to determine final purchase price. This is not a "buyer's premium."
Real Estate Only
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.