Buy A Farm Land & Auction Co

 

Date(s) 3/21/2021 - 4/29/2021

OnLine only - April 29th 2021 - 8:00 PM CST

Past Auction
Online-Only Auction
Bidding Notice:

Call Auctioneer Mark Kennedy if you have questions. cell: 618-924-1747 IL Lic #440000202

Auction Notice:

Bidding is per tract with $1000 increments.

Auction Information
Name Monroe Conty 292 acres
Auctioneer
Type Online-Only Auction
Date(s) 3/21/2021 - 4/29/2021
Auction Date/Time Info
OnLine only - April 29th 2021 - 8:00 PM CST
Preview Date/Time Property Inspection: By Appointment - Call Auctioneer/Broker Mark Kennedy at 618-924-1747 OR Broker Todd Hewing at 217-663-8087
Checkout Date/Time April 30th by 5:00 PM CST
Location
Buyer Premium No Buyer's Premium
Description
282+/- acres located in Monroe County on the river! Two Island tracts just across Osborne Chute, all parcels with River frontage! Recreational users, hunters, boaters, ATV enthusiasts, you will be hard pressed to find a more reasonable place to hunt, boat, ride or do any recreational activities! I have attached a map with a star on this property…simply look at how close this property is to the St. Louis metropolitan area. You Cardinal fans can boat there, drive there and enjoy the property without going a long distance. Monroe County land typically sells for high dollars; this will be affordable to most hunters and recreational enthusiasts. I have also attached a topo map; look at it and you will see there are portions of the island nearly as high as the levee itself. The lower land is along the levee! By the way the island in total is 240 acres of fairly high timber land….secure from lots of hunting pressure.…if you don’t mind a little boat ride, the quality of deer should be exceptional and you can use that boat to play any wind direction. This property is a diamond in the rough for the outdoor enthusiasts.
YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. NO BUYERS PREMIUM! Sale is subject to the confirmation of the Sellers. PROCEDURE: Bidding will be bid total dollars on the tract starting at 0, with increments of $1,000. TAX ID: 14-15-300-003 and 14-16-200-001 REAL ESTATE TAXES: $700. Pro-rated to closing date. SHORT LEGAL DESCRIPTION: Parts of Sections 15, 16 & 21; T4S-R11W SURVEY: No survey. MINERAL: Any mineral owned will transfer, if any. 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, if any. 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.
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.