ONLINE LAND AUCTION: Saline County IL 40+- Acres / Cropland Tillable / 1 Tract (2724A)

ONLINE AUCTION: Saline County IL 40+- Acres - 1 Tract

Bidding Closes Thursday, September 2, 2021 at 8:00 p.m. CST

Property Inspection: By Appointment - Call Auctioneer/Broker Wayne Keller at 618-407-1679

Property Address: Dog Walk Road, Equality IL 62934

DESCRIPTION

40 acres of nearly level cropland with a 112.5 PI. Located 8.6 miles (12+- minutes) East of Harrisburg IL. Frontage on Dog Walk Road. Possession for 2022 crop year.

TERMS AND CONDITIONS

 NO BUYER'S PREMIUM.

YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING.

SALE IS SUBJECT TO THE CONFIRMATION OF THE SELLERS.

Bidding is by total dollars with $1000 bid increments.

PROCEDURE: Property is offered as 1 tract.

SHORT LEGAL: Section 26, T9S-R7E.

TAXES: $798.46 – (2021 Taxes will be paid as a credit to Buyer, by Seller at closing)

PARCEL #: Part of 03-1-098-01.

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. 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: At closing subject to farm tenant rights. Seller will retain income from 2021 crop year.  Buyer has 2022 farming rights.

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: Wayne Keller, IL Lic #441.002475.