Name 98+- Acres in Monroe County, IL - 1 Tract
Auctioneer Buy A Farm Land And Auction Company LLC
Type Online-Only Auction
Date(s) 6/9/2022 - 7/8/2022
Internet Only Bidding Open: Now Bidding Closes: July 8th 2022 at 8:00PM CST
Preview Date/Time By Appointment Only - Contact Auctioneer Don Bailey at 618-919-1031 to schedule a viewing.
Location Reed Road and MM Road
Redbud, IL 62278
Buyer Premium No BP
Description
98.05+/- acres with 91.35+/- acres tillable Road frontage on Reed Road and MM Road Red Bud IL Parcel #16-08-200-003-000 Taxes: $940.48 Section 8, T4S-R9W Soil PI 96.98 Please Note: * Bidding is per acre in $10 bid increments. * Final Bid Acceptance will be determined by Sellers on or before 24 hours after Auction Ends * Sell will close 30 days or less from bid acceptance! * Bidders must contact Donald E Bailey - Buy A Farm Land and Auction Company - 618-919-1031 FOR FINAL approval to register to bid and for any and all inspections of property. Please don't wait until near the end of auction to register you may not be able to bid, the bidding approval process takes a few days sometimes.
Auction Terms & Conditions NO BUYER'S PREMIUM. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. SALE IS SUBJECT TO THE CONFIRMATION OF THE SELLERS. BIDDING PER ACRE X AMOUNT OF ACRES. OFFERED IN 1 TRACT. $10 BID INCREMENTS. PROCEDURE: Property is offered as 1 tract. SURVEY: No survey. MINERAL: Any mineral 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 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: Donald Bailey, IL Lic #441.002325 --------------------------------------------- ------------------------------------------ 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 10.00 USD
Currency USD
Buyer Premium No BP