Name 155 Acres Prime Farmland w/Home
Auctioneer Mollett Auction Service LLC
Type Live Webcast Auction
Date(s) 4/15/2021 - 5/15/2021
Pre bidding starts Apr 15th at 7:00PM CST Closes Live and online Simulcast at 1:00PM CST on Location
Preview Date/Time Preview April 25th 1-3 PM CST ON Location at 7467 Red School Rd Gillespie< iL 62033
Checkout Date/Time Closes Live and online Simulcast at 1:00PM CST on Location
Location 7467 Red School Rd
Gilespie, IL 62033
Buyer Premium NO BUYERS PREMIUM
Description
155 Acres will be offered for sale in 2 Tracts (simulcast live) Pre Bidding starts April 15th at 7:00PM CST Closes with Simulcast Live and online on location at 7467 Red School Rd Gillespie, IL 62033 at 1:00PM CST Tract 1 will consisit of 75+/- Acres all tillable with a PI of 132 Tract 2 will consisit of 80+/- Acre with 78+/-acres tillable a PI 130, Home on 2 acres with rental income. ($300.00 a month) Buyer to recieve 2021 crop rental income of 50/50 split'. buyer to pay for 50% of fertilizer and chemicals applied to 2021 crop. Buyer possessin after 2021 crop is harvested. Term of sale 5% of sale price due within 24 Hrs of close of the auction by certified funds. Property will be offered for sale AS Where IS with no warrantees or quarantee expressed written or implied. All imformation suppied are from other source buyers to verify all imformation. Mollett Auction Service cannot be held resposible for information provided by auction service. Public viewing April 25th 1-3 PM CST on Location All bidders must do there on due diligences on the property!
Auction Terms & Conditions " Buyers must send proof of funds on bank letterhead to wayne@mollettauctions.com before approval will be given to bid. " Sold by the Acre " NO BUYER'S PREMIUM " Real Estate sold As Is Where Is. With no warranties or guarantees expressed, written or implied. " This sale is not contingent on financing, so please have your financing in order. Perspective buyer can have inspections done, at their expense prior to the last bidding day of auction, however as stated earlier, the property is sold as is, where is. Seller will not negotiate any further on the property. " 5% in the amount of the purchase price (non-refundable) to be delivered to Seven Oaks Realty at 989 E. Beaumont Ave Greenville, IL 62246 with 24 hours after notification that you are the winning bidder, Balance due at closing (approx.30-45 days)and possession given after 2021 crop harvested. " Real Estate taxes for 2020 and 2021 will be pro-rated as of day of closing. " Buyer will enter into a Real Estate purchase agreement within 24 hours following the notification that you are the winning bidder at the auction with Seven Oaks Realty, 989 E. Beaumont Ave Greenville, IL. Earnest monies will be deposited into Certified Title and Escrow LLC. Greenville, IL 62246 account within 24 hours. " Seller will furnish title commitment policy in the amount of the purchase price to the buyer " Buyer and Seller will share closing cost. If Lender policy is required it will be the responsibility of the buyer. " Seller reserves the right to approve the final bid. Real Estate is sold 'AS IS, WHERE IS" with no guarantees or warranties, expressed, written or implied. Potential buyers may do inspections at their expense. Real Estate requires 5% earnest money by certified funds (non-refundable) and must be taken to Seven Oaks Realty, 989 E. Beaumont Ave., Greenville, IL no more than 24 hours following he closing of auction, with the balance due and possession give in approximately 45 days. You will also enter into a real estate purchase contract with Seven Oaks Realty for said property. Auction company provide information from seller and county records it is the responsibility of the buyer to verify all data. All inspection must be done prior to close of the auction at buyers expense. This sale is not contingent on any inspections,appraisals, or financing . Again property is sold "AS IS WHERE IS" SELLER HAS RIGHT TO REJECT OR REFUSE ANY AND/OR ALL BIDS. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
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 BUYERS PREMIUM
Payment Terms
Real Estate requires $5,000.00 earnst money by certified funds (non-refundable) and must be taken to Seven Oaks Realty, 989 E. Beaumont Ave., Greenville, IL no more than 24 hours following The closing of auction. SELLER HAS RIGHT TO REJECT OR REFUSE ANY AND/OR ALL BIDS.
not applicable