Live Webcast Auction
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Lot Was Passed
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Date(s)
2/22/2023 - 3/21/2023
Bidding Notice:

Buyer must pay $20,000 down per parcel as earnest money and sign a noncontingent offer to purchase immediately following the auction.


Information
Lot # 3
Group - Category Antiques & Collectibles - Collectibles - Advertising
Lead Auction Info - Click Here
Name 116.02 Acre Town of Excelsior Land Auction
Auctioneer
Type Live Webcast Auction
Date(s) 2/22/2023 - 3/21/2023
Auction Date/Time Info
Tuesday March 21st at 11:00 AM
Preview Date/Time Wednesday March 1st from 11:00 AM to 1:00 PM
Checkout Date/Time Sign a standard offer to puchase immediately following the auction. Close on or before April 28, 2023.
Location
Buyer Premium No Buyers Premium
Description
116.02 Acres offered in two parcels. Parcel #1 - 74.33 Acres of highly productive tillable lands. Parcel #2 - 41.69 Acres mainly wooded with a building site, excellent hunting. Offered at live and online auction on March 21st at 11:00 AM. Auction will be held at the Gavin Bros Auction Facility. Terms: 1. Successful bidder will sign a standard Offer to Purchase form directly following the auction. Offer will be a cash offer with no contingencies of any kind. 2. Earnest money shall be $20,000 per parcel and will be collected immediatley following the auction. If the high bid is accepted, the earnest money will be applied toward the purchase price. If the bid is not accepted, the earnest money will be returned to the buyer. 3. The offer is subject to approval of the owner, who will have until March 22, 2023. The seller may accept, reject, or counter today's high bid. 4. This offer may not be rescinded prior to Midnight of March 22, 2023. 5. In the event of a counter-offer, today's high bidder will be given the first opportunity to accept any counter offer. 6. A Real Estate Condition Report has been provided, however the buyer is purchasing the property in its AS IS condtion. No warranties are made as to any aspects regarding the property. Buyers shall rely entirely on their own inspections of the property and the records. 7. If the offer is accepted, closing will take place on or before April 28, 2023. Occupancy will be given at closing 8. Real estate taxes will be prorated at the time of closing based on the 2022 taxes. 2021 taxes were $1,104 for all parcels. 9. Tillable acreages were derived from FSA maps but are not guaranteed. 10. Parcel #2 is enrolled in the MFL program until 2028. Buyer accepts the property that way. 11. Property will be surveyed prior to closing. If surveyed acreage varies from advertised acreage the purchase price will be adjusted on a per acre basis. 12. A preliminary title policy has been provided by Gowey Title and is available for review. Buyers are accepting the policy as it reads.
Terms: 1. Successful bidder will sign a standard Offer to Purchase form directly following the auction. Offer will be a cash offer with no contingencies of any kind. 2. Earnest money shall be $20,000 per parcel and will be collected immediately following the auction. If the high bid is accepted, the earnest money will be applied toward the purchase price. If the bid is not accepted, the earnest money will be returned to the buyer. 3. The offer is subject to approval of the owner, who will have until March 22, 2023. The seller may accept, reject, or counter today's high bid. 4. This offer may not be rescinded prior to Midnight of March 22, 2023. 5. In the event of a counter-offer, today's high bidder will be given the first opportunity to accept any counter offer. 6. A Real Estate Condition Report has been provided, however the buyer is purchasing the property in its AS IS condition. No warranties are made as to any aspects regarding the property. Buyers shall rely entirely on their own inspections of the property and the records. 7. If the offer is accepted, closing will take place on or before April 28, 2023. Occupancy will be given at closing 8. Real estate taxes will be prorated at the time of closing based on the 2022 taxes. 2021 taxes were $1,104 for all parcels. 9. Tillable acreages were derived from FSA maps but are not guaranteed. 10. Parcel #2 is enrolled in the MFL program until 2028. Buyer accepts the property that way. 11. Property will be surveyed prior to closing. If surveyed acreage varies from advertised acreage the purchase price will be adjusted on a per acre basis. 12. A preliminary title policy has been provided by Gowey Title and is available for review. Buyers are accepting the policy as it reads.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 50.00 USD
Currency USD
Buyer Premium No Buyers Premium
Payment Terms
Buyer agrees to sign a non-contingent offer to purchase and pay $20,000 down as earnest money within 24 hours of the auction close. Balance is due at closing on or before April 28, 2023.
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