2.28 Acres in Williamson County, IL

Buy A Farm Land And Auction Company LLC

 

Date(s) 7/14/2021 - 8/6/2021

Online Only, bidding opens 7/15/21 at 6:00PM CST bidding closes 8/5/21 at 8:00PMCST

Past Auction
Online-Only Auction
Bidding Notice:

This is an internet-only auction. All bidding activity will take place online.

Auction Information
Name 2.28 Acres in Williamson County, IL
Auctioneer
Type Online-Only Auction
Date(s) 7/14/2021 - 8/6/2021
Auction Date/Time Info
Online Only, bidding opens 7/15/21 at 6:00PM CST bidding closes 8/5/21 at 8:00PMCST
Preview Date/Time By Appointment - Call Auctioneer/Broker Don Bailey at 618-919-1031
Location
Buyer Premium No BP
Description
2.28 Acres Lake Front Starting at $20,000 SE Marion IL Just N of Palzo, IL There is water and electric along the front of the property Sewer is private and to be approved by the county Bidding Gross Amount not by the acres $500 Bid Increments
NO BUYER'S PREMIUM. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. SALE IS SUBJECT TO THE CONFIRMATION OF THE SELLERS. Property is offered as 1 tract, no divisions. $500 bid increments. PROCEDURE: Property is offered as 1 tract. SHORT LEGAL: Section 10, T10S-R4E. TAXES: $11.40 - Pro-rated to closing date. PARCEL #: 12-10-176-003. 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 any property subdivision regulations. 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
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium No BP