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Bidding Notice:

Interested parties that can not attend the auction in person can use our online bidding platform through www.danpikeauction.hibid.com to participate in the auction. Please register for online bidding at least 24 hours ahead of the auction. Buyer is responsible for understanding our multi-parcel bidding process prior to bidding. Please call at least 24 hours ahead of sale if bidding online if you ... Show More

Auction Notice:

The property will be offered as 1 parcel. The Buyer shall enter into a purchase agreement and make a 20% Non-Refundable down-payment the day of the auction. The property is being sold subject to a 2023 cropland lease with the Seller’s retaining all of the 2023 cropland lease payments. The Buyer will be granted possession of the property subject to the 2023 cropland lease. The closing shall be ... Show More

Auction Information
Name Hazel (Hohenstein) Newman Trust
Auctioneer
Type Live Webcast Auction
Date(s) 9/28/2023
Auction Date/Time Info
September 28, 2023 10:00 a.m.
Preview Date/Time Anytime prior to 9/28/2023
Checkout Date/Time September 28, 2023 11:00 a.m.
Location
Buyer Premium 0% Buyer's Premium
Description
Hazel (Hohenstein) Newman Trust Farmland Auction September 28, 2023 at 10:00 a.m. Auction held at the Lakefield American Legion
The property will be offered as 1 parcel. The Buyer shall enter into a purchase agreement and make a 20% Non-Refundable down-payment the day of the auction. The property is being sold subject to a 2023 cropland lease with the Seller’s retaining all of the 2023 cropland lease payments. The Buyer will be granted possession of the property subject to the 2023 cropland lease. The closing shall be held on November 1, 2023 with the balance being due and payable in full at closing. The sale will NOT be contingent upon any buyer financing. The Seller will pay all the real estate taxes due and payable in 2023 with the Buyer responsible for all real estate taxes and assessments that are due and payable in 2024 and thereafter. Property is being sold “AS IS”, Property is being sold subject to any easements including road, drainage, utility or other easements of record or pending. The sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing, if any, will be the responsibility of the purchaser pursuant to MN statues. The buyers are responsible for all inspections of the property prior to their purchase of it. The sale is subject to the sellers approval. Any statements made at the auction may take precedence over any printed information. Auction Company & Staff represent the seller in this transaction.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 10.00 1.00 USD
10.01 - 50.00 2.50 USD
50.01 - 100.00 10.00 USD
100.01 - 500.00 25.00 USD
500.01 - 1,000.00 50.00 USD
1,000.01 - 10,000.00 100.00 USD
10,000.01 - 15,000.00 250.00 USD
15,000.01 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium 0% Buyer's Premium
Payment Terms
US Dollars
N/A
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.