Jan 17, 2019 BigIron Realty

Bidding begins on or before Dec 27 6:00 PM CST. Sale order may change until bidding begins.
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Terms


The successful buyer will be required to enter into a written purchase agreement immediately after the sale with a $100,000 non-refundable down payment to be payable to BigIron Realty Trust Account. The earnest deposit can be made by a personal check, company check or by wire transfer. The balance will be due at closing on or before March 1, 2019, the buyer will receive landlord’s possession of the cropland and full possession of the old building site. At closing the buyer will receive $40,000 as cash rent for the 2019 crop season. The 2019 lease will expire on December 1, 2019, at which time the buyer will receive full possession of all the land. Seller will provide marketable title to the buyer evidenced by title insurance; the title insurance and closing costs are split 50/50 between the buyer and seller. The 2018 real estate taxes will be paid by the Seller, and the 2019 Real Estate Taxes will be paid by the Buyer. The property will not be sold subject to financing. Please have all financial arrangements made prior to the auction. The written purchase agreement, to be signed by the seller and buyer after the auction, is the sole and controlling document of this sale and supersedes any and all other terms whether verbal, written, expressed or implied and shall be the sole and controlling document for this real estate transaction. BigIron Realty is working for the seller.