ONLINE AUCTION: Clinton County IL 27+- Acres / Tillable Cropland Farmland Income / 2928A

ONLINE AUCTION: Clinton County IL 27+- Acres / Income Producing Tillable Land

Bidding Is Now Open!

Bidding Closes Thursday, December 7, 2023 at 8:00 PM CST

Property Inspection: By Appointment Only - Call or Text Auctioneer Don Bailey at 618-919-1031

Property Address: Old Hwy 50 / East Harrison Street, Aviston IL 62216

All potential online bidders must register before auction. All potential online bidders must personally call Auctioneer Donald Bailey at 618-919-1031. In the past bidders that wait until the last minute to register may stand a chance not being able to bid.

PLEASE NOTE: Below is a link for the auction sales contract that you will be required to sign. Please review it prior to bidding.

SALES CONTRACT

DESCRIPTION

• All tillable - 27.05 FSA acres
• Amazing 124 soil productivity index / zero to 2% slope
• Located between Aviston and Breese Illinois
• Road frontage on 2 sides: Old Hwy 50/East Harrison Street and Linden Groves Road
• As you are aware, tracts like this don't come on the market often!
• Parcel #: Part of 06-06-18-400-002
• Section 18, T2N-R4W

PROCEDURE

• Registration: Proper registration is required to bid. All bidders must provide name, address, phone number and email address to register.  By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms and Conditions. Auctioneer reserves the right to refuse to register or admit Buyer at his/her sole discretion.
• Note: If you are unable to bid Online or are unsure about the reliability of your internet connection, call the auctioneer and make alternative bidding arrangements 24 hours prior to close of auction.
• Bidding will be per tract – eBay-style bidding.
• Online Bidding is now open and will be available until THURSDAY, DECEMBER 7, 2023 - 8PM CST subject to bid extensions (Soft Close).
• $500 minimum opening bid. Bid increments of $500.

TERMS AND CONDITIONS

NO BUYER'S PREMIUM.

YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING.

SALE IS SUBJECT TO THE CONFIRMATION OF THE SELLERS.

PROCEDURE: Property offered in 1 tract.

SURVEY: n/a

MINERAL: Seller to convey all, if any. Present ownership unknown.

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 wire transfer and received within 3 business days. The balance of the contract purchase price is due at closing.

TITLE: Seller(s) 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 company's closing fee will be split equally by Buyer and 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, 618-919-1031