Auction Info - Click Here | Live and Online Auctions on HiBid.com

Name	116.02 Acre Town of Excelsior Land Auction
Auctioneer	Gavin Bros. Auctioneers LLC.
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	Land is located on Hwy 136 Auction Held @ Gavin Bros Auction Facility E7429 State Rd 23 & 33 Reedsburg, WI 53959
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 This offer may not be rescinded prior to Midnight of March 22, 2023. 5.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 and Conditions

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.

Bid Increments

Your bid must adhere to the bid increment schedule.

Bid Amount	Bid Increment
0.00 - 9,999,999.99	50.00 USD

Payment Information

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.

Shipping / Pick Up

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.

Lot # : 3 - Auction Info - Click Here